A Huge Surge in Government Spending Drives Up GDPNow Forecast
Mish Talk
OCTOBER 26, 2022
It excludes government and an exports. After recent releases from the US Census Bureau, the US Department of the Treasury's Bureau of the Fiscal Service, and the National Association of Realtors, the nowcast of third-quarter real government spending growth increased from 2.4 Government spending added 0.6 percent to 3.8
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