Friday, May 27, 2022

Attachment - GDP Prediction Model FY2023

Using data from 2017 through the 2022 budget as passed (or nearing passage)


The model predicts that for every percent of deficit less net interest as a percentage of GDP there will be 0.394% growth in the next year, with a 2.6% growth rate if the deficit equals net interest. This model explains 39.2% of the variation.

Raw Data

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