U.S. Economic Performance

The U.S. Capitol Building stands in Washington (REUTERS/Joshua Roberts).

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Hutchins' Fiscal Impact Measure shows sluggish government spending contributed to weak fourth quarter GDP growth

January 29, 2016, David Wessel

The Fiscal Impact Measure, which tracks the contribution of local, state and federal fiscal policy to economic growth, came in slightly above zero in the fourth quarter of 2015, according to the latest update released Friday, January 29th, 2016 by the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution.

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