False
President Donald Trump said U.S. consumer confidence is ‘way up.’ Metrics don’t bear that out
The claim that President Trump stated U.S. consumer confidence was 'way up' contradicts the metrics provided by independent sources.
Key points
- President Donald Trump made statements about improving consumer confidence during his presidency.
- Independent economic data does not support the claim of a significant increase in consumer confidence under his administration.
- The discrepancy between Trump's claims and actual metrics suggests a misleading statement.
Explanation
During his presidency, President Donald Trump frequently made public statements regarding the improvement of U.S. consumer confidence. However, according to data from independent sources such as the Conference Board Consumer Confidence Index, there is no substantial evidence supporting the claim that consumer confidence was 'way up' during his tenure. The metrics indicate a mixed performance with some fluctuations but overall stability rather than a significant upward trend.
Sources
- Consumer Confidence Index Data from the Conference Board showing consumer confidence trends during Trump's presidency.