U.S. Nominal GDP Less Government Budget Deficit While fiscal spending in the United States has the potential to boost GDP growth, it is important to carefully consider the long-term implications and trade-offs associated with such policies. Image: Morgan Stanley Wealth Management
U.S. Budget Deficit as a % of GDP The trend of elevated deficits and increasing debt can have potential long-term implications for the U.S. economy. Image: BofA Global Investment Strategy
U.S. 10-Year TIPS Yield and Federal Budget Balance A larger U.S. budget deficit tends to lead to a lower TIPS yield. Image: Alpine Macro
U.S. Budget Deficit and Current Account The U.S. federal government’s budget deficit is skyrocketing. This is not a cause for panic… yet. Image: BofA Global Investment Strategy
U.S. Unemployment Rate and U.S. Federal Government Budget Deficit This chart shows the unprecedented divergence between the U.S. unemployment rate and the U.S. federal government budget deficit. Image: Alpine Macro
U.S. Federal Budget Spending The U.S. federal budget spending is projected to rise in the future. Image: Societe Generale Cross Asset Research
U.S. Federal Budget Deficit by Month U.S. federal budget deficit surges to $134.5 billion in October. Image: Oxford Economics
U.S. Budget Deficit Government spending increases despite President Trump’s promise to eliminate debt. Image: Financial Times
U.S. Long-Term Budget Outlook Large budget deficits over the next 30 years could boost federal debt to unprecedented levels. Image: Congressional Budget Office
Federal Budget Deficit Since 1948 The federal budget deficit is unusually large compared to the state of the U.S. economy. Image: Goldman Sachs