U.S. economy defied expectations in 2023

[jserraglio]

https://www.whitehouse.gov/cea/written- ... y-in-2023/

. The latest Blue Chip projection for 2023 growth, incorporating all available data to date, is positive 2.6%, driven by strength in consumer spending, a revival in manufacturing structures investment and increased state and local government purchases. The level of US real GDP in 2023 even exceeded some pre-pandemic forecasts, including that of the Congressional Budget Office and the International Monetary Fund