U.S. Economy Exceeds Projections

The U.S. economy is showing signs of life with second-quarter growth recorded at 2.6%. Increased spending by consumers and more…

by Global Franchise Team
Aug 03, 2017

The U.S. economy is showing signs of life with second-quarter growth recorded at 2.6%.

Increased spending by consumers and more expenditure on business equipment are said to be behind the surge.

Among President Trump’s plans to further accelerate growth include cutting personal and corporate taxation, but these have been resisted in Washington.

Trump’s targeted 3% growth for this year is thought to be ambitious.

The IMF’s predicted rate of growth for this year is 2.1%.

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James Fell
head of content