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JEC Chairman Lee Welcomes Solid First Quarter GDP Growth

Today, Sen. Mike Lee (R-UT), Chairman of the Joint Economic Committee, released the following statement on the Bureau of Economic Analysis’ GDP growth estimate for the first quarter of 2019: 

“This first quarter estimate of 3.2% GDP growth beat expectations and places the U.S. economy on solid footing for the beginning of 2019. Accelerating exports and decreasing imports led growth in the first quarter, along with increases in business inventories. This puts us ever closer to the longest U.S. economic expansion on record.”

Quarterly GDP Growth

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