A White House economic adviser has projected that US GDP growth could reach 5% to 6% annually, representing a significantly more optimistic forecast than most current economic predictions.

Kevin Hassett, serving as a top economic adviser in the administration, indicated that a capital spending boom could drive growth to these elevated levels. According to Hassett, the projected growth would be fueled by tax policies and efforts to bring manufacturing back to the United States.

To achieve 6% annual growth, the US economy would need to expand at approximately 7.5% or higher during the next three quarters, according to economic calculations. This represents nearly triple the growth rates included in many mainstream economic forecasts.

The projections center on expectations of increased business investment in capital spending, which Hassett suggests could provide substantial momentum for economic expansion. The forecasts also factor in anticipated benefits from policies aimed at encouraging companies to relocate operations back to American soil.

Current consensus forecasts from major economic institutions typically project more modest growth rates for the US economy. The White House projections would represent a significant acceleration from recent economic performance if realized.