Insight & Thought Leadership on the Global Economy

He is a master of digging up data and then explaining it in a language foreign to most economists: plain English — David Leonhardt, Washington Bureau Chief, The New York Times

A Budget Battle Postmortem

The 16-day federal shutdown and political brinkmanship around the Treasurydebt ceiling hurt the economy. The hit to fourth quarter real GDP is estimated at $20 billion, equal to half a percentage point of growth. Instead of picking up pace as previously expected, U.S. growth will remain stuck near a lackluster 2%.

 

Click here to read the full report.

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