GDP, spending and Commerce Secretary

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 group known as the Department of Government Efficiency said a more accurate measure of GDP would exclude government spending.
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.
US commerce secretary proposes separating government spending from GDP reports
US commerce secretary Howard Lutnick proposes excluding government spending from GDP calculations, suggesting it inflates economic measures. This idea
Commerce Secretary Lutnick Pushes For 'Transparent' GDP Calculation By Removing Government Spending
Howard Lutnick's remarks came in response to concerns over whether the spending cuts advocated by Elon Musk's Department of Government Efficiency (DOGE) might lead to a recession.
US official wants to remove government spending from GDP
US 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.
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
US Commerce Secretary Lutnick Pushes To Exclude Government Expenditure From GDP Calculation: 'Don't Think The Stock Market...Would Like That,' Says Expert
Howard Lutnick, the U.S. Commerce Secretary, has expressed his intent to exclude government spending from the gross domestic ...
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 ...
Marketplace12h
“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 ...
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Cooking the Books? Lutnick Suggests ‘Messing With The GDP’
The US administration will redefine how the government calculates gross domestic product, a move that critics warn could ...
The New Republic on MSN12hOpinion
Trump Is About to Hide DOGE’s True Costs From the Entire Country
On Sunday, President Trump announced his plans for a U.S. “crypto strategic reserve,” stating that he’d make the country the ...
The Taipei Times12h
US may exclude public expenditure from GDP
US Secretary of Commerce Howard Lutnick on Sunday said that government spending could be separated from GDP reports, in ...
Donald Trump admin may exclude govt spending from GDP, obscuring impact of DOGE cuts
Government spending is traditionally included in the GDP because changes in taxes, spending, deficits and regulations by the ...
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 ...