Some economists are predicting a similar type of spike-and-fall this year, believing growth will slow in the second quarter, and end up smaller than the 2.9 percent rate in 2018.
Earlier this week, a new report for Congress raised questions about whether the tax cuts backed by the GOP and President Trump would have much impact on growth in the U.S.
"There is no indication of a surge in wages in 2018 either compared to history or relative to GDP growth," the Congressional Research Service stated.
For GOP lawmakers in Congress, the latest GDP numbers though confirmed that things are going in the right direction.
"Once again, our economy beat all expectations thanks to Republican’s pro-growth agenda," said Rep. David Kustoff (R-TN).