{"id":1052556,"date":"2025-04-18T19:00:00","date_gmt":"2025-04-18T23:00:00","guid":{"rendered":"https:\/\/democrats.org\/?p=1052556"},"modified":"2025-04-20T15:10:10","modified_gmt":"2025-04-20T19:10:10","slug":"trumps-record-stock-market-saw-a-record-breaking-low-start-while-manufacturing-plumments","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/trumps-record-stock-market-saw-a-record-breaking-low-start-while-manufacturing-plumments\/","title":{"rendered":"TRUMP\u2019S RECORD: Stock Market Saw a Record-Breaking Low Start While Manufacturing Plumments"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

Donald Trump promised Americans a new \u201cgolden age,\u201d<\/a> but instead, the U.S. stock market just hit the second-worst start to a year in a century, while one in four<\/a> Americans are cancelling plans to make a major purchase. The numbers speak for themselves: Trump and his billionaire Cabinet literally \u201cbroke\u201d U.S. manufacturing and production orders in the Mid-Atlantic region plummeted to the \u201clowest reading since April 2020.\u201d<\/a> As Trump continues to cause \u201cpain\u201d<\/a> for millions of Americans, economists are sounding the alarm on a \u201cTrump recession.\u201d<\/a> <\/p>\n\n\n\n

Here\u2019s a look at how Trump\u2019s chaotic economic agenda is hurting American families:<\/em><\/p>\n\n\n\n

Mike Zaccardi, CFA, CMT<\/a>: \u201cUS stock market second-worst start to a year this century\u201d<\/strong><\/p>\n\n\n\n

Redfin News<\/a>: \u201cNearly one in four U.S. residents are canceling plans to make a major purchase, such as buying a home or car, because of President Trump\u2019s tariff policies, according to a Redfin survey.<\/strong><\/p>\n\n\n\n

\u201c55% of respondents are less likely to make a major purchase this year, including 39% who are \u2018much less likely.\u2019 \u2026<\/p>\n\n\n\n

\u201cPresident Trump announced a series of tariff policies in April, including 10% baseline tariffs on all countries and 145% tariffs on China. While even higher tariffs have been paused, the policies have caused volatility in the stock market, and economists are voicing fears they could lead to a significant economic downturn by driving up prices, pushing down consumer confidence and upping the odds of a recession.\u201d<\/strong><\/p>\n\n\n\n

Derek Thompson, The Atlantic<\/a>: \u201cWe took a growing US manufacturing economy, declared it broken, started a trade war, and … broke US manufacturing.<\/strong><\/p>\n\n\n\n

\u201cIn last 48 hours:<\/p>\n\n\n\n

– Philly Fed Survey: “New orders fell sharply, from 8.7 in March to -34.2, its lowest reading since April 2020”<\/strong><\/p>\n\n\n\n

– NY Fed Survey: Expected orders and shipments plunging<\/strong><\/p>\n\n\n\n

\u201cAgain, this is a policy to revive US manufacturing.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Donald Trump promised Americans a new \u201cgolden age,\u201d but instead, the U.S. stock market just hit the second-worst start to a year in a century, while one in four Americans are cancelling plans to make a major purchase. The numbers speak for themselves: Trump and his billionaire Cabinet literally \u201cbroke\u201d U.S. manufacturing and production orders […]<\/p>\n","protected":false},"author":292,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1052556","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nTRUMP\u2019S RECORD: Stock Market Saw a Record-Breaking Low Start While Manufacturing Plumments - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/trumps-record-stock-market-saw-a-record-breaking-low-start-while-manufacturing-plumments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-18T23:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-20T19:10:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\" \/>\n<meta name=\"author\" content=\"Adrianna Tomasello\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adrianna Tomasello\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/trumps-record-stock-market-saw-a-record-breaking-low-start-while-manufacturing-plumments\/\",\"url\":\"https:\/\/democrats.org\/news\/trumps-record-stock-market-saw-a-record-breaking-low-start-while-manufacturing-plumments\/\",\"name\":\"TRUMP\u2019S RECORD: Stock Market Saw a Record-Breaking Low Start While Manufacturing Plumments - 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