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 ...
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 ...
Marketplace17h
“An incomplete picture of the economy”
Commerce Secretary Howard Lutnick says he wants to take government spending out of GDP measurements. We'll unpack the ...
New York Sun16h
Facing Dismal Economic Projections From Atlanta Fed, Commerce Secretary Proposes Major Change to GDP Reporting
The Atlanta branch of the Federal Reserve is now predicting that America’s GDP could decline by as much as 2.8 percent in the ...
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 ...
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.
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, ...
PBS4d
U.S. economy grew 2.3 percent annually in the last months of 2024, the outlook for 2025 is cloudier
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end ...
India's economic growth picks up on rising government, consumer spending
December, picking up on increased government and consumer spending, official data showed on Friday, and the government said ...
Musk and Lutnick want to measure GDP minus government. It’s already done and makes little difference.
That echoes a recent message from Elon Musk on, X, the social-media service he owns, in which the unofficial head of the ...