Specifically, Senator Ron Johnson’s role:
Defense Spending over Time
Real defense spending is higher than at the Reagan buildup, but is (much) lower as a ratio of real GDP.
Guest Contribution: “The Fed Stays the Course”
Today, we present a guest post written by David Papell and Ruxandra Prodan, Professor and Instructional Associate Professor of Economics at the University of Houston.
Timing: CHIPS Act or Military Keynesianism and the Manufacturing Building Boom
Reader JohnH, on considering the timing of the boom in manufacturing structures investment, writes:
Treasury Yield Forecasts and Projections: CBO vs. Economists’ Consensus
CBO above market?
Structures Investment Booms (esp. in Manufacturing)
From the advance release:
GDP, GDO, GDP+
GDP is only one measure of income. Following up on Jim’s post on GDP (and housing), here are others.
Business Cycle Indicators at July’s End
Nominal consumption spending surprises on the upside. Here’s a picture of the series the NBER BCDC follows, along with monthly GDP.
Still chugging along
The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 2.4% annual rate in the second quarter, not far from the historical average of 3.1%.
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CBO Projection Defers the Downturn
CBO’s Budget and Economic Outlook Update is just released: