US economic growth accelerates to the highest rate since 2014

The US economy has accelerated in the second quarter of this year, with annual growth of 4.1%, its fastest pace since 2014, although Economists believe this year could be the best

The first estimate of US GDP growth in the three months to June 30 was in line with Wall Street expectations. According to the US Department of Commerce, the US economy recorded annual growth of 2.2% in the first quarter.

Second-quarter growth was the fastest recorded in the United States since the third quarter of 2014, when the US economy The Bureau of Economic Analysis of the United States said the growth in growth in the second quarter had been fueled by the increase in consumer spending, business investment and public spending.

was an increase in exports that many economists believe was caused by foreign buyers of soybeans and other US exports trying to outstrip tariffs imposed by the United States and major trading partners such as than China and the EU. It is unlikely that the effect of trade will be repeated in the coming months as economists are now more concerned about the possible slowdown in the growth of Donald Trump's trade wars. Large American companies have accused tariffs of increasing costs and farmer groups complain about the collapse of orders for products such as soy and pork.

The number of US growth is closely monitored before the November mid-term elections, during which Trump's Republicans face the prospect of losing control of at least one congressional chamber .

Prior to Friday's release, Trump, who made growth one of his key economic promises, broke with tradition by predicting a "formidable" number.

"Someone has actually predicted today, 5.3 I do not think it's going to happen – 5.3.It's got 4 in front, we're happy, if it has a 3 but it's a 3.8, 3.9, 3.7, we're OK, "he told steel workers in Illinois on Thursday.