Last week, the Commerce Department announced the U.S. economy grew at 3 percent for the second quarter in a row! If this initial estimate holds up, our economy will compete for its third straight quarter of 3-plus percent growth which, if achieved, would be the first time we landed this economic “hat-trick” since before the 2008 financial crisis. The second quarter’s economic expansion was made more impressive by the fact that the U.S. suffered two major hurricanes during this time span. These hurricanes damaged powerful centers of economic activity, including Texas and Florida, yet the ‘Trump Boom’ still proved resilient.
