USA economy grew 3% during first quarter

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During the first quarter of 2017, the USA economy grew 3%, a number that President Obama was unable to sustain  on any of his terms in office.

Most analysts coincided that the growing of the economy is a result of Trump’s executive actions eliminating Obama’s anti-business regulations.

“Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the third quarter of 2017,” the U.S. Department of Commerce’s Bureau of Economic Analysis announced Friday.

President Trump said “If we achieve sustained 3 percent growth, that means 12 million new jobs and $10 trillion of new economic activity over the next decade,” he said Friday, according to Fortune magazine. “That’s some numbers.”

By EHN

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