The Truth About U.S. GDP Growth
Quarterly economic growth in the three months ended June 30 surged by 4.1%, the best quarterly growth rate since the third quarter of 2014.
"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.
- Economic Fundamentals Recovering As Stocks Surged For the Week
- Stocks Swing Wildly As Economic Recovery Begins
- Dog Days Of Summer In The Economy
- V-Shaped But Full Recovery Is Long Off
- Covid-19 Causes A Good Surprise
- The Epidemic Sets The Economy Back About Two Years
- Is This A New Bull Market?
- The Pandemic And Stocks
- Despite Disastrous Jobs Report, Stocks Surged 1.6% Friday
- Amid The Crisis In The Economy, Two Good Anomalies
- Financial Economics With The Epidemic's End In Sight
- The Beginning Of The End?
- An 11.4% One-Week Gain In Stocks
- What Investors Should Expect And A Business Owner Alert
- Is the Coronavirus Bear Market Over?
- What's An Investor To Think Now?
- Will Covid-19 Crisis Be Short-Lived?
- Despite Covid-19, Signals Of Economic Health Continue
- Covid-19: Facts And Perspective For Investors
- Economists Expected Q1 U.S. Growth Of 1.6%; It's 2.6%!
- Stocks Close At New High As Business Owner Optimism Surged
- Retirement Revolution Unexpectedly Is Boosting Economy
- Coronavirus Scare Reveals The Nature Of Stock Market Risk
- Leading Indicators Slightly Off Again