White House economist projects GDP growth could top 5% amid capital spending boom

Event overview

White House economist projects GDP growth could top 5% amid capital spending boom

Updated 12 hours ago
Fox News
New York Post
2 articles2 sources
Summary

Kevin Hassett says capital spending boom could push U.S. GDP growth north of 5% or 6%, driven by tax policies and onshoring efforts under Trump. This cluster currently includes 2 articles from 2 sources.

What this means

This cluster currently includes 2 articles from 2 sources. Sources in this event include New York Post, Fox News.

Original reporting (2)
White House economist projects GDP growth could top 5% amid capital spending boom
Fox News
Fox News
Strongly right
5/10/2026

White House economist projects GDP growth could top 5% amid capital spending boom

National Economic Council Director Kevin Hassett joins 'Sunday Morning Futures' to discuss the resilience of the U.S. economy amid conflict with Iran and the potential impact of President Donald Trump's upcoming trip to China. A top Trump economic advisor is projecting a surge in U.S. growth, saying the country could.

An image collage containing 3 images, Image 1 shows Man in glasses, suit, and red tie gestures while speaking at the World Economy conference, Image 2 shows Stephen Hassett, Trump's top economic advisor, Image 3 shows Donald Trump in a navy suit and red tie
New York Post
New York Post
Leaning right
5/10/2026

Trump’s top economic adviser predicts explosive 6% annual GDP growth, nearly triple most forecasts

President Trump’s top economic adviser claimed Sunday that economic growth this year could clock in north of an explosive 6%, close to triple the expectations of most mainstream forecasts. White House Economic Council Director Kevin Hassett theorized that the recent capital-spending surge in March, which appears to be.