Summary of 2025 economy vs 2024 economy: (updated with after-tax income)
Unemployment rate
2024: 4.1%
2025: 4.4%
Jobs created:
2024: 2,200,000
2025: 181,000
Manufacturing employment (total, in December):
2024: 12,760,000
2025: 12,692,000
Value of the dollar (DXY index):
2024: up 7%
2025: down 9%
S&P 500:
2024: up 23%
2025: up 16%
Groceries Cost:
2024: up 1.7%
2025: up 2.4%
Medical Care Cost:
2024: up 2.83%
2025: up 3.15%
Housing Cost:
2024: up 4.07%
2025: up 3.60%
Core Inflation Rate (excludes food and energy)(core CPI):
2024: 3.2%
2025: 2.6%
Core PCE Inflation Rate:
2024: 2.8%
2025: 3.0%
Average price of electricity per kilowatt-hour
December 2024: $0.176
December 2025: $0.189
Trade Balance
2024 trade deficit: $903.5 billion
2025 trade deficit: $901.5 billion (0.22% decrease)
GDP Growth
2024: 2.8%
2025: 2.2%
After-Tax Personal Income Growth, inflation adjusted
2024: 2.2%
2025: 0.9%
Bump.
WE. TOLD. THEM. SO.