One conservative think tank is pronouncing the U.S. economy more "free" under President Donald Trump's efforts to reduce regulations.

The U.S. ranked 18th in a 2018 index of global "economic freedom" by The Heritage Foundation — which corresponded to a 0.6 percent score improvement from the previous year.

The right wing organization defined "freedom" as a metric largely about how much governmental policies allow labor, capital and goods to flow unregulated.