Research and Describe US Growth Rate Revised Up To 1.2%

US Growth Rate Revised Up To 1.2%
Number
Word count: 565
Date
Macroeconomic concepts
The macroeconomic concepts relevant in the article are factors influencing growth rate in the US. In the first three months of the Trump administration. Consumer spending and business investments (spending) are singled out for affecting the economic growth (BBC, 2017).
Factors affecting aggregate demand
The main factor affecting aggregate demand in the U.S. is consumer spending as higher consumer spending is associated with growth (BBC, 2017). The consumer expenditu...