New home sales in April jumped at the fastest pace since early 2023, countering persistent recession predictions from critics of the Trump administration. According to the U.S. Census Bureau and the Department of Housing and Urban Development, sales rose 10.9% from March to a seasonally adjusted annual rate of 743,000 units—up 3.3% from April 2024.
A majority of Americans believe the economy is doing well under President Donald Trump, according to a new national poll. The survey, conducted in May, found that 51% of registered voters consider the U.S. economy “strong,” reflecting growing public confidence in Trump’s leadership.
President Donald Trump returned from a weeklong Middle East tour with over $2 trillion in new economic agreements, drawing praise from top U.S. business leaders.
Senator Bernie Moreno (R-OH) declared Saturday that Republicans are fully committed to advancing President Donald Trump’s sweeping economic agenda, emphasizing that “failure is not an option” when it comes to making Trump-era tax cuts permanent and reviving American prosperity.
A new report from California’s Legislative Analyst’s Office (LAO) paints a bleak picture of the state’s economy, describing it as “stagnant” and “fragile,” with job losses, falling consumer spending, and unsustainable reliance on stock market gains driving serious fiscal concerns. The warning is backed by multiple indicators showing the state slipping toward recession territory.
U.S. Treasury Secretary Scott Bessent said the administration is "very close" to completion of multiple trade deals with U.S. trading partners in Asia.
U.S. consumer confidence took a significant hit in April, falling to its lowest level in nearly four years. Concerns over trade policy, inflation, and market instability drove the drop, even as Americans maintained relatively strong views of their current financial situations.
Amid low inventory, rising prices, and economic uncertainty, a new national survey reveals that 70 percent of Americans are bracing for a housing market crash this year. Concerns are particularly strong in Illinois, where home sales remain stagnant and affordability fears are growing among homeowners and potential buyers alike.
California’s once-booming economic engine is now flashing warning signs, according to the American Legislative Exchange Council’s latest “Rich States, Poor States” report. While the Golden State still ranks high in historical economic performance, its future outlook continues to darken under the weight of taxes, regulatory overreach, and declining private-sector employment.
For the 12th consecutive year, New York has landed at the very bottom of the American Legislative Exchange Council’s (ALEC) “Rich States, Poor States” economic outlook rankings. The report, released Tuesday, ranks all 50 states based on 15 factors related to taxation, regulation, labor costs, and economic policy.
