US economy growing at fastest pace for four years in major boost for Donald Trump
The US economy is growing at the fastest pace for four years in a major boost for Donald Trump.
Official figures showed the world’s largest economy grew at an annual rate of 4.2 per cent in the second quarter, as strong business investment offset weaker consumer spending.
Boost: Donald Trump welcomed ‘an economic turnaround of historic importance’
It is the strongest figure since a 4.3 per cent gain in the third quarter of 2014.
President Trump, who pledged to deliver growth of at least 4 per cent a year when he took office, welcomed ‘an economic turnaround of historic importance’.