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  • The Christian Science Monitor

    US economy: How strong is it?

    Aug 15, 2018 3 minutes

    Presidents tout the good news on their watch, and President Trump has been talking up positive economic numbers. But how good are they? Here are some different ways of looking at the data.

    Q: How good is the gross domestic product number?

    The United States economy notched a 4.1 percent annualized growth rate for this year’s second quarter, according to a July 27 report by the US Bureau of Economic Analysis. That’s much faster than the roughly 2 percent that’s been typical since

    Q: How does the “Trump economy” compare with President Barack Obama’s record during his final year in office?Q: Does the growth look sustainable?Q: How broad-based is the prosperity?Q: Where next for the economy?

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