Economic growth in the United States slowed to just 1.9 percent in the past three months, far slower than promised Donald Trump made during his 2016 campaign. The sluggish growth is even worse than the second-quarter numbers, when the economy grew at 2 percent, NPR reported on Wednesday.
In his annual budget to Congress, Trump predicted a more robust 3.2 percent growth.
“That’s not going to happen,” Diane Swonk, chief economist at Grant Thornton, told NPR, adding, “we won’t get a 3-plus percent growth rate for the year.”
View the complete October 31 article by Dan Desai Martin on the National Memo website here.