Total Outlays (Spending) to GDP

Total Outlays (Spending) to GDP This chart shows the percentage share of GDP that the U.S. federal government spends. Picture source: Bianco Research

U.S. Total Receipts (Taxes) to GDP

U.S. Total Receipts (Taxes) to GDP This chart shows the percentage share of GDP that is collected by the U.S. federal government through taxes. Picture source: Bianco Research

U.S. Total Federal Debt to GDP

U.S. Total Federal Debt to GDP Another interesting chart showing the U.S. total federal debt to GDP since 1791. The current federal debt to GDP is near an all-time high. Picture source: Bianco Research

U.S. Fiscal Stimulus as a Percent of GDP

U.S. Fiscal Stimulus as a Percent of GDP The chart shows the impact of the Trump fiscal stimulus on U.S. economic growth until 2021. See also “Despite Full Employment, Why Real GDP Should Stay Above Potential GDP?“  Picture source: ClearBridge Investments

Global PMI vs. Global GDP

Global PMI vs. Global GDP The chart shows the strong correlation between global PMI and global GDP. Global PMI slides to lowest since 2016 and global GDP may have difficulty growing at a rate above 2% very soon. Picture source: IHS Markit