With incomes rising for Americans, the poverty rate fell to its lowest level since 2001. The poverty rate fell by 0.5 percentage points to 11.8 percent in 2018, following a 0.4 percentage point decline in 2017—or almost a full point drop over the first two years of the Administration. Since 2017, 1.4 million Americans have been lifted out of poverty. The decline in the official poverty rate mirrors a 0.7 percentage point decline in food insecurity in 2018, reported last month by the Department of Agriculture, even as 4.2 million people were lifted off of food stamps during the year. During the President’s first year in office, the number of American women in poverty fell by nearly 600,000.