Pantheon Macroeconomics - Consumption and investment spending by state and local government accounts for just over 10% of the U.S. economy, making it more important than exports or consumers' spending on durable goods, and roughly equal to all business investment in equipment and intellectual property.

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22 August 2017 Is the Worst Over for State and Local Government Spending?

By Ian Shepherdson

Consumption and investment spending by state and local government accounts for just over 10% of the U.S. economy, making it more important than exports or consumers' spending on durable goods, and roughly equal to all business investment in equipment and intellectual property.

Posted: 21st Aug 2017 in 'U.S. Documents'

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