Missing Spending Stimulus Weighs On U.S. Growth

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Missing Spending Stimulus Weighs On U.S. Growth
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Economists had expected a much greater boost to GDP after the 2018 budget deal. The muted growth is only partly explained by lagging federal outlays.

Federal dollars contributed significantly less to gross domestic product in early 2019 than what economic forecasters had predicted after Congress

reached a two-year budget deal to boost government spending. While military spending has tracked with projections, spending on nonmilitary programs has lagged.

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