NPR

How Fast Did The Economy Grow? Forecasts Are All Over The Place

Workers weld drawers on the assembly line at the Metal Box International toolbox factory in Franklin Park, Ill. Many analysts estimate that U.S. economic growth picked up in the second quarter.

President Trump is eager to tout a fast-growing economy, boosted by the tax cuts he pushed through Congress. That makes Friday morning's report on gross domestic product a highly anticipated news event.

Did GDP growth top 4 percent in the second quarter — more than double the first-quarter pace — as many economists project?

Forecasts are all over the board,

You’re reading a preview, subscribe to read more.

More from NPR

NPR2 min readCrime & Violence
Guatemalan AG Raids Save The Children Office Over A Migrant Children Rights Complaint
Prosecutor Rafael Curruchiche said that the complaint filed by an unidentified foreigner had raised serious concerns because it involved allegations of abuse of children.
NPR2 min read
More Than 500 People Have Been Arrested At Pro-Palestinian Protests At Colleges
Students and others are protesting Israel's war against Hamas in Gaza and, in some cases, their school's investments in Israel. Presidents at several schools face calls to resign amid the protests.
NPR2 min readInternational Relations
World Central Kitchen Workers Killed In Israeli Strikes Will Be Honored At Memorial
The aid workers were killed April 1 when a succession of Israeli armed drones ripped through vehicles in their convoy as they left one of World Central Kitchen's warehouses on a food delivery mission.

Related Books & Audiobooks