GDP, Consumer Spending

The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.
One consequence of government spending cuts? Lower GDP
Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects.
The Government Needs Wealthy Consumer Spending To Keep GDP Growing
A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.
US Commerce Secretary wants to remove government spending from GDP
U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product (GDP) report, but gave no indication how soon this change might happen, while dismissing fears of a possible recession.
What if the U.S. just deleted government spending from GDP?
Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.
Trump Administration may exclude Government Spending from GDP
If you ask an economics professor about what GDP is, they will tell you that it is the total value of all goods and services produced by a country at a given time. That’s a simple enough definition, but how do you calculate that massive number?
Trump administration to exclude govt spending from GDP? Commerce secretary replies
The Commerce Department in its most recent GDP report, showed that the economy grew at an annual rate of 2.3% in the final three months of 2024
Trump Advisers Want to Strip Public Spending from the GDP Tally. Why It Makes No Sense.
Commerce Secretary Howard Lutnick floated the notion on Sunday of excluding government spending data from the overall ...
GDP tipped to grow at fastest pace since 2022 as exports jump
The economy is expected to have grown by 0.6 per cent in December thanks to higher state and federal government spending, ...
CNBC Africa21m
South African rand weaker ahead of local GDP data, Trump tariffs in focus
South Africa’s rand weakened early on Tuesday ahead of local gross domestic product (GDP) figures and as investors braced for ...
Belgium aims to increase defence spending to 2% of GDP this year
The Belgian government aims to accelerate defence spending by 4 billion euros ($4.2 billion) in the coming months, the ...
Wall Street slumps after Trump says tariffs to go into effect tomorrow, GDP outlook turns negative
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.
Trump’s first quarter of GDP is looking shaky. His allies are already trying to shoot the messenger.
The Trump administration wants to create a separate report about the economy that strips out the impact of government ...
Australia’s GDP predicted to beat RBA’s forecasts
The Australian economy is predicted to have grown faster in the December quarter, off the back of a temporary tariff removal ...
Italy 2024 GDP Growth Misses Govt Goal but Public Finances Improve
The 0.7% increase in gross domestic product (GDP) reported by national statistics bureau ISTAT, boosted by four more working ...