Andrew Harnik/AP
- At a news conference Friday, President Donald Trump said he expected the US economy to grow even faster in the second half the year.
- A report released earlier showed that in the second quarter, gross domestic product (GDP) rose at a 4.1% annual rate, the fastest since 2014.
- "These numbers are very, very sustainable," Trump said, countering the opinion of many economists that growth at this pace will not last.
President Donald Trump said Friday that the US economy is likely to accelerate even faster later this year, following a report that showed the strongest growth in nearly four years.
The Commerce Department had earlier reported that gross domestic product (GDP), the total value of goods and services produced in the US, increased at an annual pace of 4.1%, the highest since 2014.
See the rest of the story at Business Insider
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See Also:
- US economy grows 4.1%, the fastest pace since 2014
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- An ugly economic lesson from the Nixon era proves why Trump's criticisms of the Fed are so worrying
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