U.S. economy accelerated during the second quarter of the year at its fastest pace in nearly four years as expected, putting the economy on course to achieve Trump's administration goal of 3% per year growth.
Gross Domestic Product rose by 4.2% after the third reading for the second quarter of 2018, the fastest pace since the third quarter of 2014. The economy grew by 2.2% in the first quarter.
In the first half of 2018, the economy expanded by 3.2 percent. Growth in the second quarter was driven by Trump's $ 1.5 trillion tax-cutting plan that boosted consumer spending.
