Real gross domestic product increased at an annual rate of 2.8% in Q3 2024, according to the second estimate. he latest estimate is in line with the forecasted 2.8% growth and is below the Q2 2024 GDP ...
Cross posted at the Presimetrics blog. This post has a few simple graphs showing the relationship between the growth in real GDP and a few other variables: the top marginal tax rate, spending by the ...
A post like this really shouldn't be necessary, but part of the right wing canard that Obama has been a profligate spender is based on spending as a percentage of GDP. It looks like this - Graph 1.
Note: My colleague Jill and I were both travelling without Internet when the latest GDP estimate was released. Here is a belated update. The Third Estimate for Q2 GDP, to one decimal, came in at 1.4 ...