GDP Growth 4.1% in Second Quarter, Best Quarter Since 2014 GDP Growth 4.1% in Second Quarter, Best Quarter Since 2014 – NTK Network

GDP Growth 4.1% in Second Quarter, Best Quarter Since 2014

The U.S. economy grew at more than four percent only four times in 32 quarters under President Obama.

By NTK Staff | 07.27.2018 @10:00am
GDP Growth 4.1% in Second Quarter, Best Quarter Since 2014

The Bureau of Economic Analysis (BEA) reported Friday that U.S. gross domestic product (GDP) growth was 4.1 percent in the second quarter, the highest quarterly growth rate for the U.S. economy since the third quarter of 2014.

According to historical GDP data at BEA, quarterly GDP growth surpassed four percent only four times in 32 quarters under President Obama:

  • Q4 2009: 4.5 percent
  • Q4 2011: 4.7 percent
  • Q2 2014: 5.1 percent
  • Q3 2015: 4.9 percent

Under President Donald Trump, the U.S. has seen quarterly GDP growth of 1.8 percent or better each quarter.

Trump celebrated the news on Twitter on Friday morning:

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