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Donald Trump says US growth rate likely to touch 5%

US President Donald Trump has said the country’s growth rate is likely to touch five per cent as against the existing 3.2 per cent, on the back of an improved economy and job creation by new factories.

Trump, whose first four-year term ends in January 2021, forecast that the US growth rate may surpass the five per cent mark in his second term in the office.

He said his government created 3.4 million jobs since the election, including over 3 lakh in manufacturing sector.

The US president also said the unemployment rate for Hispanic and African Americans, Including women is at the lowest level in 65 years. Trump asserted that the leaders around the world are congratulating him for the American economic success.

Source: AIR