Health Spending and First Quarter GDP: What Happened? | Health Policy Blog | NCPA.org

The final estimate of real first quarter Gross Domestic Product GDP has thrown everyone for a loop, reporting an annualized decline of 2.9 percent. It was a huge revision: The previous estimate was that first quarter GDP had declined by only one percent.The huge error in the earlier figure was almost entirely driven by a poor estimate of the effect of ObamaCare by the Bureau of Economic Analysis BEA:

 

via Health Spending and First Quarter GDP: What Happened? | Health Policy Blog | NCPA.org.