The U.S. economy grew by an annual rate of 4.1 percent in the second quarter, marking the fastest pace since 2014.
President Donald Trump called the rate “amazing” and predicted further growth at the White House Friday.
“We’re on track to hit the highest annual average growth rate in over 13 years and I will say this right now, and I’ll say it strongly, as the trade deals come in one by one, we’re going to go a lot higher than these numbers and these are great numbers,” Trump said.
A surge in consumer spending and exports pushed the rate of gross domestic product growth slightly higher than the 4 percent that economists had predicted, according to figures released Friday by the Commerce Department.
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