President Trump is eager to tout a fast-growing economy, boosted by the tax cuts he pushed through Congress. That makes Friday morning's report on gross domestic product a highly anticipated news event.
Did GDP growth top 4 percent in the second quarter — more than double the first-quarter pace — as many economists project?
Forecasts are all over the board, with estimates even among Federal Reserve economists diverging widely.
The events of 10 years ago show why these forecasts are so important.