ML-Implode News - Trump fell short of 3 percent GDP goal in 2018, revised figures show

Previous government data showed Trump had fulfilled his campaign pledge of 3 percent expansion -- a key measure of growth that the president and his allies have used to tout the administration's economic accomplishmentsÂ -- but the year-over-year figure was lowered to 2.5 percent on Friday.
Trump pledged throughout his 2016 presidential campaign that he would usher in an era of continuous 3 percent growth with sweeping tax cuts and deregulation. Under former President Obama, the economy largely stayed within the bounds of 2 percent growth as it recovered from a recession that ended in the middle of 2009.
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GDP growth in the past three months also slowed notably, falling from a rate of 3.1 percent in the first quarter to 2.1 percent in April through June.

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Trump fell short of 3 percent GDP goal in 2018, revised figures show