The White House economic adviser said March investment rose 3.3% and argued record capital-goods imports for new factories had masked stronger recent growth.
He credited Trump tax and onshoring policies for a capital spending boom and said output should accelerate as new plants and infrastructure come online.
Hassett also said oil and gas prices could fall within one to two months if the Iran conflict eases and shipping through the Strait of Hormuz resumes.
As new tariffs and tax laws impact households, what is the real economic cost of America’s onshoring push?
With AI driving a trillion-dollar investment boom, why is the broader U.S. economy not seeing the promised 6% growth?
With global energy routes blocked and AI's power demand surging, is America's energy supply secure for the future?