Donald Trump has made some bold claims on the US economy. But how do they stack up against the data?

rblfmr/Shutterstock

In the annual State of the Union address in late February, the US president, Donald Trump, declared: “This is the golden age of America.” In a lengthy and wide-ranging address, the president told his fellow Americans that the nation was “bigger, better, richer and stronger” than ever before.

The US economy, and specifically the cost of living, was the key issue with voters in the 2024 presidential election. Exit polls from key states showed that, among voters who said...