(WASHINGTON TIMES) -- The economy grew at the fastest pace in two years during the second quarter, the Commerce Department reported Wednesday, with stronger consumer spending contributing to President Trump’s goal of 3 percent growth.
The government revised the gross domestic product growth rate upward from the previously expected 2.7 percent. In addition to stronger household spending, the Commerce Department said there was a bigger gain in business investment.
The positive news comes on the same day that Mr. Trump is traveling to Missouri to promote tax reform and tax cuts, a key part of his economic plan to spur consistent growth of 3 percent or more annually.
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