The U, S. economy grew 0.6 percent in the second quarter of this year, the fastest rate since the fourth quarter of 2007.
The U-2 Index, the most closely watched index of U.K. consumer confidence, rose to 56.6 in May from 55.2 in April.
That is a rate of 2.2 percent above the 4.3 percent increase recorded in the fourth month of the year in 2009.
“I am very happy with the second-quarter growth,” President Donald Trump said in a statement.
“The economy is growing very, very quickly, and we have made tremendous progress in terms of bringing down unemployment.”
“It is very, VERY encouraging, and it’s a credit to President Trump and his team.
It’s a great credit to the American people,” Trump said.
In an interview on MSNBC’s “Morning Joe,” Trump called the growth “a very positive sign for the American economy and our jobs.”
“There is a lot of optimism, but it is just a very positive report,” he said.
“We have been putting the brakes on growth, and I am very pleased with the economy.”
In May, the U.N. Economic Commission for Western Asia released a report that said the global economy grew by 0.5 percent in April, the weakest pace since the third quarter of 2009.
The report said the U-3 Index, a measure of economic freedom, rose by 0 and the U1 Index, which measures the impact of climate change, rose 0.2%.
The United States has been in a prolonged recession since the Great Recession, which lasted from 2007 to 2009.
Trump has blamed a lack of progress on a slow economic recovery and the slow implementation of his signature healthcare reform.