ANN ARBOR — In Donald Trump’s first three quarters as president the U.S. economy has averaged a solid 2.4 percent growth rate, still well short of the 4 percent he promised as a candidate and under the 3 percent his first federal budget proposal assumed. (more…)
ANN ARBOR, Mich.— America’s economy will continue its recovery this year and next as it adds nearly 5 million jobs and unemployment falls below 8 percent, say University of Michigan economists.
“The performance of the U.S. economy during much of 2011 did nothing to alter the perception that we were mired in a sluggish recovery,” said U-M economist Joan Crary. (more…)
