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Trump`s forecast of 4% GDP growth close to coming true as Americans spend tax-bill proceeds Surging consumer spending is driving GDP well above prior estimates, and it is now tracking near 4 percent for the second quarter. That`s almost double the pace of the first quarter. Economists say the consumer is seeing the impact of the tax cuts and is spending, as a result of more disposable income.

12.47 AM Jun 15th
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