-
Recent Posts
- UK New Car Registrations at 2M during 2025
- Ford Motor 2025 U.S. Sales Posted at 2.2 Million
- GM at Top of U.S. Auto Sales in 2025
- Audi Recalls Seat Belts for Child Seat Retention Failures
- Porsche Recalls More Than 173,000 Vehicles for Rear Visibility
- Ford Recalls Previous Expedition Roll-Away Recall Repair
- BMW Group Adds Alpina Brand
- Milestones – 50 Years of the VW Golf GTI
- EPA Administrator and Trump Booster Zeldin Praises Himself
- Happy Clean New Year California Air Resources Board!
- Chicago Auto Show Shrinks
- Porsche – Happy Birthday Hans-Joachim Stuck
- Ford Recalls Mavericks, Escapes, Mach Es, Transits, Broncos
- Annals of Marketing – Kia and Times Square New Year Partyers
- December U.S. Vehicle Sales Forecast Down. Global Sales Up
Recent Comments
- Ken Zino on Ford Fuel Injector Leak Recall Now at ~694,000
- Laverne Oliver on Ford Fuel Injector Leak Recall Now at ~694,000
- Magna on its Share Repurchase Plan in reference to on Magna Posts Solid Q3 2025 Earnings Gain
- Daniel Ricciardo Global Ford Racing Ambassador on Ford Performance Rebranded as Ford Racing
- Gen 3 2026 Nissan Leaf Less than $30,000? | AutoInformed on Milestones – Nissan Begins Assembly of 2013 LEAF EV in Tennessee
Archives
Meta
Tag Archives: Brookings Institute
U.S. GDP Growth Puny in Q4 2024
Fiscal policy increased U.S. GDP growth by 0.3 percentage point in the fourth quarter of 2024, the Hutchins Center Fiscal Impact Measure (FIM)* released today shows. The FIM translates changes in taxes and spending at federal, state, and local levels into changes in aggregate demand, showing the effect of fiscal policy on real GDP growth. GDP increased at an annual rate of 2.3% in the fourth quarter of 2024, according to the government’s latest estimate. The 0.3 percentage point increase in the fourth quarter was largely the result of slightly stimulative taxes and transfers.
“We expect the FIM to turn negative in the next quarter and remain so through the end of our forecast period (the fourth quarter of 2026), largely driven by weak growth in federal and state purchases and only partially offset by strong growth in net transfers. Continue reading
Posted in news analysis
Tagged 2017 Tax Cuts and Jobs Act, auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Brookings Institute, Georgia Nabors, Hutchins Center Fiscal Impact Measure, Ken Zino, Louise Sheiner, Sarah Ahmad, U.S. GDP Growth, X @KenAutoinformed
Leave a comment
Brexit – Angry Voter Costs Greater Than Said. Trump Parallels Abound
In a paper published in November and brought to AutoInformed’s attention today by The Hutchins Center on Fiscal and Monetary Policy at the estimable Brookings Institute, angry voters in the United Kingdom who overwhelming approved leaving the European Union in the so-called Brexit* referendum resulted in shrinking the UK GDP by 6% to 8% by 2025. The exhaustive research paper was authored by Nicholas Bloom, Philip Bunn, Paul Mizen, Pawel Smietanka and Gregory Thwaites.**
The negative economic effects began after the 2016 referendum. They intensified following the UK’s formal exit in 2020. This paper in AutoInformed’s view is directly relevant to Trump’s Tariff Chaos and is a harbinger of still larger negative effects to come. Continue reading →