The Truth About U.S. GDP Growth
"As the trade deals come in one by one, we're going to go a lot higher than these numbers," President Trump said Friday morning, shortly after the Commerce Department released the gross domestic product figures through June. "These numbers are very, very sustainable. This isn't a one-time shot."
The president's remarks triggered speculation about U.S. growth in the months ahead. Here are relevant facts complied by independent economist Fritz Meyer, whose research we license to share with you when facts are hard to discern from opinion.
In early July, The Wall Street Journal surveyed 62 economists and the consensus was an average +2.7% rate of quarterly GDP growth over the four quarters ahead.
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