-
Recent Posts
- IMSA Street Fight – 2026 Acura Grand Prix of Long Beach
- Mustang GTD Runs Record Nordschleife Lap at 6m 40.835s
- Honda Fastport eQuad Vehicles Link to Bird and Spin
- Bosch Group Plans Sales, EBIT Growth after a So-So 2025
- Stellantis Q1 2026 Shipments Up 12% at 1.4 Million
- Light-Duty Fuel Cell Trucks – Isuzu, Toyota Collaboration!
- Airbag Malware – Honda Recalls ~440,000 Odyssey Vans
- Trumped – Used Car Prices Spike after Hitting 12-Month Low
- Nissan in Survival Mode Sheds Models for Next Gen Products
- IONNA Partners with Circle K on EV Charging
- IndyCar Makes Single Car Qualifying Permanent with Tweaks
- EcoCAR Innovation Challenge Pits General Motors v Stellantis
- Mercedes-Benz and MBUSA Post Q1 2026 Sales Drops
- Porsche AG Q1 2026 Sales Drop 15%
- Volkswagen ID.4 U.S. Production Ends. Atlas Begins
Recent Comments
- 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
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
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 →