While Q1 2018 GDP growth was mild, it still produced the best growth in a Q1 since 2013. Things have been a bit rockier since the booming January of this year, but experts are still expecting roughly 3% growth in Q2 anyway.
The U.S. economy slowed to a moderate 2.3 percent annual growth rate in the first quarter as consumer spending turned in the weakest performance in nearly five years. Still, the January-March increase came in better than expected, supporting hopes for a solid rebound for the rest of the year.