Stronger economic data recently signals a continuation of the 3% GDP growth rate, Kevin Hassett, an economic advisor to President Donald Trump, said Monday on CNBC.
“The first quarter is usually a little bit low. I think there’s almost more upside than downside risk going forward on the economy,” said Hassett, chairman of the Council of Economic Advisers. “Our internal numbers at CEA got up to around 3% for the first quarter last week with some of the good news on retail sales.”
