The U.S. economy recorded its fastest pace of expansion in two years, growing at a 3.1 percent annual rate in the second quarter, The Associated Press reports. "We're focused on growth," Treasury Secretary Steven Mnuchin told Fox Business. "We think the 3 percent GDP is a very moderate aspiration and we can do higher than that."
But even as "economists believe growth has slowed again to around 2 percent in the current quarter," AP writes, the economy could get a boost in early 2018 from rebuilding projects stemming from hurricane damage.
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