GDP, Trump and government spending

Why government spending counts in GDP, as Trump admin considers excluding it
Top Trump administration officials are arguing that it is misleading to include government spending in the quarterly tally of GDP. It sets up a clash between the administration and economists over how to calculate the broadest measure of economic activity.
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.
Trump wants to remove govt spending from GDP
US Commerce Secretary Howard Lutnick said on Sunday (Monday in Manila) he would strip out government spending from the gross domestic product (GDP) report, but gave no indication how soon this change might happen,
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 ...
Marketplace15h
“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 Sun14h
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 ...
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.
Tariff threats and uncertainty could weigh on consumers and drag down the economy, government report suggests
Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose ...
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 ...
Belgium Aims to Hike Defence Spending to 2% of GDP This Year, De Tijd Reports
The increase should take Belgium's total defence spending to 2% of its gross domestic product (GDP) this year, which is the minimum level agreed among NATO allies. The new Belgium government had said ...