Trump official floats new approach on GDP, as economy poised to slow sharply
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
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 ...
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 ...
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 ...
Atlanta Fed model predicts GDP to shrink 2.8% in Q1: Trumpcession
America’s GDP is forecasted to fall 2.8% in Q1, according to the Atlanta Federal Bank’s GDPNow model — potentially leading to ...
Atlanta Fed's GDPnow model sees Q1 GDP deeper in the red after ISM release
The Atlanta Fed's GDPNow model slid deeper into the red on Monday, estimating that Q1 GDP will sink 2.8% on a seasonally ...
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 ...
Houston region leads major U.S. metros in two-year GDP growth
Houston’s GDP growth outpaced the nation’s two largest metropolitan areas, New York and Los Angeles, which saw two-year ...
Atlanta Fed model forecasts nearly -3% GDP growth in first quarter of this year
The Atlanta Fed's GDPNow model had, up until the Feb. 28 update, been forecasting growth between 2-4% in line with most other ...
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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 ...
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.
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Government welcomes positive GDP growth in Quarter 4
Government Communication and Information System Acting Director-General, Terry Vandayar said: “The latest GDP data is encouraging and signals a welcome recovery, especially because one of government’s ...