-
Recent Posts
- Mass Production eVTOL Soon? Joby Aviation and Toyota JV
- More Ford Motor Recalls for Rollaways ~740,000 Affected
- IMSA Watkins Glen: Cadillac, Corvette, Porsche Run Solid
- Sudden EV Power Loss – Toyota BZ, Lexus RZ, Subaru Solterra Recalled
- Milestones – 15 Million Honda Accords Sold in U.S.
- UAW to “Practice Pickett” Tomorrow at Woodward MPC
- June 2026 U.S. Auto Sales Forecast Up 3.6%
- BMW Expands Factory Use of Humanoid Robots
- “Disasters” – UAW on NAFTA, U.S.-Mexico-Canada Agreements
- Connectivity Snags Haunt Improvements in New-Vehicle Quality
- Trumped! – 2026 Vehicles Sales Forecasts All Down
- Annals of Marketing – Chevrolet Heartbeat of America Revived
- Milestones – Nissan Canton Builds 1 Millionth Frontier Truck
- Porsche AG Board Drastically Cuts 2025 Annual Dividend ~50%
- Ford Recalls Expand – Six More Covering ~172,000 Vehicles
Recent Comments
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
Archives
Meta
Tag Archives: Hutchins Center Fiscal Impact Measure
US Economy Showing Some Growth in Q1
Government spending and tax policies – particularly at the state and local level – added three-fourths of a percentage point to growth in inflation-adjusted gross domestic product (GDP) in the first quarter of 2019, according to the latest reading. Continue reading
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 →