Commissioner Miller Celebrates U.S. Shrinking Inflation and Agricultural Trade Deficit
AUSTIN — Commissioner Sid Miller today celebrated the Trump Administration’s recent economic reports showing declines in core inflation and a forecasted Texas Commissioner Sid Miller has celebrated the Trump Administration's recent economic reports showing decreases in core inflation and a potential reduction in the agricultural trade deficit. The reports suggest a sharp economic turnaround for both American agricultural producers and consumers, with Texas's robust economy and agricultural production leading the way. Inflation is at its lowest level in nearly five years, down roughly 70% from its Biden-era peak, while gas, grocery, and rent costs have decreased and wages have risen for blue-collar workers. The USDA predicts that the agriculture trade deficit will fall from $43.7 billion in FY2025 to $37 billion inFY2026. These improvements are seen as proof that strong economic leadership and America First policies are working well for America's farmers, ranchers, and producers.
Publicado : hace 5 meses por EIN News en Politics
AUSTIN — Commissioner Sid Miller today celebrated the Trump Administration’s recent economic reports showing declines in core inflation and a forecasted reduction in the agricultural trade deficit nex... [2454 symbols]
Temas: Inflation