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 ...
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 ...
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 ...
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 ...
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 ...
Macron calls on Europe to boost NATO funding to as much as 3.5% of GDP after Trump-Zelensky fallout
For the past three years, the Russians have been spending 10% of their GDP on defense,” Macron told the French Le Figaro outlet. “We need to prepare for what comes next, with an objective of 3% ...
New York Sun10h
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 ...
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 ...
Marketplace5h
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.
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.