Best Economic Growth In Decades


Last Friday, Director of the National Economic Counsel and former T.V. host Larry Kudlow said the U.S. economy is having its best economic growth in decades. Oddly enough during this interview Mr. Kudlow was pleading with the Federal Reserve for an emergency .50 basis point rate cut. In any case, Mr. Kudlow, a legend, who is known for his economic accuracy should be applauded for such an accurate statement.

Now, lets take a look at what the best economic growth in decades really looks like.

From Doug Short:
April Q4 GDP 2d revision

April Q4 GDP 2nd revision break list

From Doug Short:

April Q4 GDP Per capita long 2nd R

Q4 GDP Per capital 2nd R YoY

From Doug Short:

April revision GDP Q4 2.97


Logan Mohtashami is a financial writer and blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami is a senior loan officer at AMC Lending Group,  which has been providing mortgage services for California residents since 1987. Logan also tracks all economic data  daily on his own facebook page