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    Why The 'Trump Bump' Hasn't Happened

    Friday's GDP report is expected to show a rebound from a weak first quarter. But the U.S. economy still isn't likely to sustain the 3 percent growth rate the Trump administration is promising.
    by John Ydstie Jul 27, 2017 2 minutes
    A cashier rang up a customer in Miami. Consumer spending accounts for roughly 70 percent of U.S. economic activity. / Joe Raedle / Getty Images

    The Trump administration's promise to turbocharge economic growth has yet to be fulfilled, even though forecasters are predicting that the economy has rebounded from a weak 1.4 percent annual growth rate in the first three months to a rate closer to 2.8 percent. That is the number many

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