Add Axios as your preferred source to

see more of our stories on Google.

Photo illustration: Sarah Grillo/Axios. Photo: Mario Tama/Getty Images

The Trump administration's rosy promises of a new "golden age" with 6% economic growth have fizzled on the realities of slower-than-anticipated growth and souring consumer sentiment.

Why it matters: President Trump's roller coaster economy has risen with consumer spending and AI investment but also tumbled on tariff uncertainty, stubborn inflation and his Iran war, muddling the economic picture.