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AP FACT CHECK: Trump claims ‘phenomenal’ economic record

November 6, 2017

WASHINGTON (AP) — President Donald Trump is claiming a “phenomenal” economic performance at home as he travels in Asia.

He’s boasting about the lowest jobless rate in 17 years, the highest stock market ever, and more. An Associated Press Fact Check finds his numbers are generally on the mark. They point to an unquestionably solid record during Trump’s first year in office — but one that builds on steady progress under his predecessor.

Many of the figures he cites are advancing a recovery from the Great Recession that dates back to the middle of 2009.

The unemployment rate did slip to 4.1 percent in October. But that was in part because many Americans gave up searching for work — one of the criticisms Trump made of Barack Obama’s record during the 2016 campaign.

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