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The economy of United States accelerated at an annual rate of 4.1% in the second quarter of 2018, the highest rate since 2014, according to reports official.
The United States Department of Commerce. published Friday the first of his three calculations on the evolution of the gross domestic product ( PBI ) between April and June of this year.
The figure coincided with the expectations of analysts, who had forecast a
In addition, the government revised the figure of economic expansion for the first quarter of the year of 2.2 % to 2.5%.
FACTORS
The growth of US economy in the second quarter as consumers increased spending and farmers rushed soybean shipments to China to avoid trade tariffs before they come into effect
Thus, consumer spending which in United States accounted for nearly two-thirds of economic activity, grew at an annualized rate of 4% between April and June 2018
In addition, business investment also contributed to the economic acceleration with an increase of 5.4%.
This first calculation of the second quarter brings the promise of the US President, Donald Trump of annual growth of 3%, driven by a broad fiscal stimulus plan approved in December that provides for reductions in the rate of growth. noticeable taxes for businesses and, to a lesser extent, for workers. [19659010]
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