A Huge Surge in Government Spending Drives Up GDPNow Forecast – Mish Talk

Chart Notes

  • The blue line is the base forecast. It is about all the public sees or hears about when the BEA releases its GDP report.
  • The red line is Real Final Sales (RFS). That is the bottom line estimate for the economy.
  • The yellow line (new this month) is RFS to domestic buyers, the rest is exports.
  • The green line (also new this month) is RFS to private domestic buyers. It excludes government and an exports.

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