Chart Library
2026-11-08

US Fiscal Impact on Real GDP Growth Has Faded Back Toward Zero

US Fiscal Impact on Real GDP Growth Has Faded Back Toward Zero

Key points

Contribution of fiscal policy to US real GDP growth, 1999-2028 | After the 2020-21 pandemic surge, the four-quarter average has eased back near zero, projected roughly flat through 2028

Image source: @acemaxx