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Wednesday, October 01, 2014

The Contribution of Fiscal Policy to Real GDP Growth

Fiscal_Impact9_30_14

[From Brookings]

The fiscal impact measure shows how much federal, state, and local government taxes and spending added to or subtracted from the overall pace of economic growth. Between 2008 and 2011, fiscal impact was positive, indicating that government policy was stimulative; in recent years, it has been negative, indicating restraint. (For more detail on how this measure was constructed and how to interpret it, see our methodology.)

    Posted by on Wednesday, October 1, 2014 at 10:26 AM in Economics, Fiscal Policy | Permalink  Comments (63)


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