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

NPR4 min read
From Pandemic To Protests, The Class Of 2024 Has Been Through A Lot
Pomp and circumstance again fall victim to circumstance for some students in the graduating class of 2024, as protests over the war in Gaza threaten to disrupt commencement ceremonies.
NPR3 min read
What's Making Us Happy: A Guide To Your Weekend Viewing And Reading
Each week, Pop Culture Happy Hour guests and hosts share what's bringing them joy. This week: Vanderpump Rules recaps, the book The Worst Ronin, and a duet by Pavarotti and Celine Dion.
NPR2 min read
Brian Wilson Of The Beach Boys Is Being Placed Under A Legal Conservatorship
A Los Angeles Superior Court judge approved the conservatorship Thursday, noting that Brian Wilson suffers from "a major cognitive disorder." Wilson has agreed to the conservatorship.

Related Books & Audiobooks