Economy grows at 4.1% for the second quarter
July 31, 2018
Gross Domestic Product grew at 4.1% in the second quarter of this year, up 2.2% from the previous quarter. It’s the strongest GDP growth rate in about four years. Consumer spending was up, and exports were up over nine percent in anticipation of President Trump’s tariff policies. Dennis Hoffman, director of the L. William Seidman Research Institute at the W. P. Carey School of Business at Arizona State University, will discuss the strong economy.
