Economic Growth The annual growth of the gross domestic product was 1.6 percent in 2016, the lowest level in five years. Since the surprise victory of Mr. Trump in November, many economists have been raising their projected growth rates for the latter half of 2017 and for 2018. That is not necessarily because they feel Mr. Trump policies will prove beneficial in the long run. Advertisement Continue reading the main storyMr. Faucher lifted his growth forecast to 2.4 percent in 2017 and 2.7 percent in 2018. Trump can’t control the dollar, and that will be a big factor this year,” Mr. Faucher said.

Source: New York Times January 27, 2017 13:32 UTC