#economic-forecasting

#economic-forecasting

The U.S. economy is accelerating, with stronger-than-expected GDP, resilient consumer spending, and rising business investment despite high rates and tightening credit.

Republican-affiliated economists predict higher GDP growth under Republican presidents, producing systematically larger forecast errors and reduced accuracy.

Higher-than-expected UK government borrowing has raised concerns about potential tax hikes.

Medicaid spending will be cut by $800 billion, impacting 8 million Americans according to estimates.