Published on Wednesday, January 30, 2013 | Updated on Monday, June 23, 2014
U.S: Significant Drop In Federal Spending Reigns In GDP Growth
Summary
Real GDP shrank in 4Q12 by 0.1% as government spending declined by 6.6%. Consumption accelerated while residential and nonresidential investment jumped
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- Global
Topics
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- Macroeconomic Analysis
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Authors
BR
BBVA Research
BBVA Research
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