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The Trump vs. Harris Economic Record In Four Charts

If a picture speaks 1,000 words, then these four charts tell you everything you need to know to cast your vote for President Trump on Tuesday, November 5, 2024.





Gas Prices

Under President Trump, the nationwide average for regular gas never rose above $3/gallon. Under Kamala, it has been above $3/gallon for 1,228 days in a row — or 92% of her time in office.

 

Under President Trump, gas prices averaged $2.48/gallon. Under Kamala, gas prices have averaged $3.49/gallon — more than a dollar higher.

 

Under President Trump, gas prices fell below $1/gallon in 13 states. Under Kamala, gas prices hit new record highs in ALL 50 states.



Household Incomes

In President Trump's first three years, Americans saw a 10.5% boost ($7,690) in median household income — seven times larger than the 1.3% increase ($1,050) after the first three years of Kamala.

 

Under President Trump, Black Americans saw a 9.2% increase ($4,540) — nearly twice as high as the increase under Kamala ($2,650).

 

Under President Trump, Hispanic Americans saw an 11.7% increase ($6,960) — ten times higher than the increase under Kamala ($700).

 

Under President Trump, Asian Americans saw a 14.4% increase ($14,600) — ten times higher than the increase under Kamala ($1,500).

 

Under President Trump, White Americans saw a 10.8% increase ($8,320) — ten times higher than the increase under Kamala ($830).

 

Earnings

Under President Trump, real average weekly earnings increased 8.2%. Under Kamala, real average weekly earnings have declined 3.4%.

 

Men saw a 5.6% increase ($3,620) in real median earnings after President Trump's first three years. Men saw a 7% decrease (- $4,990) after three years of Kamala.

 

Women saw an 8.1% increase ($4,170) in real median earnings after President Trump's first three years. Women saw a 7.4% decrease (- $4,430) after three years of Kamala.



Personal Savings

In President Trump's first three years, the personal savings rate rose from 5.3% in 2017 to 19.3% in 2021 — a 264% increase. In Kamala's first three years, the personal savings rate fell from 19.3% in 2021 to 2.9% in 2024 — an 85% decrease.

 

Homeownership

Under President Trump, the average 30-year fixed mortgage rate decreased by 32% between 2017 and 2021. Under Kamala, the average 30-year fixed mortgage rate increased by 120% between 2021 and 2024.

 

When President Trump left office, the average 30-year fixed mortgage rate was 2.77%. Under Kamala, the average 30-year fixed mortgage rate hit 7.79%a 23-year high.

 

Under President Trump, the rate of homeownership increased by 2.1%. Under Kamala, the rate of homeownership decreased by 0.2%.



Credit Card Debt

Under President Trump, the credit card delinquency rate fell by 11% between 2016 and 2020. Under Kamala, credit card delinquency skyrocketed by 54% between 2020 and 2024.

 

Americans' credit card debt hit a record $1.14 trillion under Kamala.

 

Americans' credit card debt has increased by 39% since Kamala took office.



Poverty

In President Trump's first three years in office, more than 6.6 million Americans were lifted out of poverty. In Kamala's first three years, just 760,000 Americans were lifted out of poverty.

 

After three years of President Trump, 1.6 million Hispanic Americans, 1.1 million Black Americans, and 450,000 Asian Americans were lifted out of poverty. After three years of Kamala, 330,000 Asian Americans and 370,000 Hispanic Americans fell into poverty.



  • 2024 Election

  • Biden Harris economic record

  • mortgage rates

  • gas prices

  • household incomes

  • energy prices

  • energy supplies

  • Black American household incomes

  • average weekly earnings

  • personal savings

  • home ownership

  • credit card debt

  • poverty

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