“GDP growth was plunging by more than 50% in the first quarter of this year.”
What PolitiFact found
Trump is right on the numbers. However, to the layperson, his framing might make this drop sound more alarming than it is. GDP continued to grow, but half as fast as it did in the previous quarter.
Their words, from the summary they publish with the rating.
In short
Donald Trump (former president) made this claim around 2 May 2024. PolitiFact (United States) looked into it and published its finding on 3 May 2024, 1 day later. Its rating was “Accurate, but needs caution”.
Donald Trump has 1,168 checked claims in this archive. Fact-checking organisations rated 663 of them false or fake, 375 misleading or mixed and 13 true.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.