THE WHITE HOUSE
Office of the Press Secretary
STATEMENT BY THE PRESIDENT
Today, we received more good news for America's working families about our economy. In the first quarter of this year, the U.S. economy expanded at a robust 4.5 percent annual rate. Driven by high investment and vigorous consumer demand, America's economic expansion continues to grow steady and strong.
Strong growth, high investment, low inflation, and low unemployment are a winning combination and more evidence that we should stick with an economic strategy that has helped usher in a new era of prosperity for the American people.