The Trump administration is touting a major economic resurgence as a result of its renewed pro-growth, pro-energy, and pro-investment agenda. At a press conference this week, White House Press Secretary Karoline Leavitt highlighted key indicators showing that the U.S. economy is rebounding strongly under President Donald Trump’s leadership—just months after he returned to office.
Leavitt pointed to a significant drop in mortgage rates, with 30-year fixed rates now averaging 6.13%, according to CBS News and Mortgage News Daily. That’s the lowest rate in three years and marks a major reversal from the 7% range seen during much of the Biden administration. “That’s a $250 decline in your monthly mortgage payment, or nearly $3,000 a year,” Leavitt said. Trump, she added, is aiming to push those rates even lower, as was achieved during his first term.
Gas prices have also dropped, thanks in part to Trump’s renewed focus on American energy dominance. The Energy Information Administration (EIA) reports that in 2025, Americans are spending less than 2% of their disposable income on gasoline—down from 2.4% in the prior decade and the lowest share since 2005, excluding pandemic-era figures. “We are producing more energy, paying less for it, and putting American families first,” Leavitt said.
The cost of owning and operating a new vehicle has fallen by nearly 6% over the past year. Meanwhile, retail sales have surged more than 5% from last year, real wages are rising, and blue-collar workers are experiencing the fastest wage growth in six decades. This marks a clear reversal from the inflation-heavy conditions seen under the Biden administration.
Leavitt also spotlighted soaring financial markets, noting that the Dow Jones, S&P 500, and Nasdaq have all reached record highs, boosting the value of Americans’ retirement accounts and investment portfolios.
Foreign and domestic investments in the U.S. have reached historic levels, nearing $9 trillion. That figure includes $1.4 trillion from the United Arab Emirates into American manufacturing, $600 billion from Apple into technology and artificial intelligence, and $500 billion from NVIDIA into similar sectors.
“This is the Trump economy at work—lower costs, higher wages, booming markets, and investment in America,” Leavitt said. The administration sees these gains as evidence that restoring American energy, deregulation, and manufacturing remain the key to long-term economic strength.
