Categories: economy

The US economy expects “amazing” year trump

In the American administration predicts record growth of GDP in the third quarter by 21.5%.

 

The US President Donald trump said that 2020 will be “incredible” for the economy given the sharp recovery after the pandemic coronavirus. He said this may 20 at a press briefing at the White house.

“I think we will have a big transition period in the third quarter. I think that you will have a very good fourth quarter and I think you will have an incredible year,” − said the American leader.

 

The economic Advisor to the President of the United States Larry Kudlow recalled that according to the calculations of the congressional budget office, economic growth in the third quarter will be 21.5%, which is the largest quarterly increase in the country’s history.

 

“These are big numbers and it would be incredible,” commented on Kudlow the President.

 

The EA does not trump pointed out that the management predicts the fall of the economy is 37.7% in the second quarter and in third quarter, expects unemployment at 15.8 percent.

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