Wall Street — and the White House — eagerly await the release of GDP data on Friday that many economists expect to top 4 percent. The last time the economy expanded at a comparable pace was in 2014, when growth hit 5.2 percent in the third quarter.
Granted, a single three-month period of rising output is a limited gauge of the economy’s health. The quarterly figures are volatile and can swing sharply from quarter to quarter. But this year’s second-quarter number will be more closely watched than usual, thanks to President Donald Trump’s repeated pledge to hit annual growth of https://www.cbsnews.com/news/u-s-second-quarter-gdp-growth-expected-to-top-4-percent/?ftag=COS-05-10aaa0g&utm_campaign=trueAnthem:+New+Content+(Feed)&utm_content=5b599ab204d3012164b4bf85&utm_medium=trueAnthem&utm_source=twitter.