U.S. GDP grew at a 4.1% pace last quarter — the fastest rate since Q3 2014

U.S. GDP grew at a 4.1% pace last quarter — the fastest rate since Q3 2014, “boosting hopes that the economy is ready to break out of its decade-long slumber.” The surge may be short-lived, however: It can be largely attributed to “a confluence of events unlikely to recur,” notes The New York Times, including an increase in exports as a result of rising trade tensions. While the economy is expected to slow in the second half of 2018, yearlong growth may yet hit 3% for the first time since 2005. 

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