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GDP, Consumer Spending

MarketWatch on MSN · 12h

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.

Marketplace · 5h

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.

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.

Atlanta Fed's GDPnow model sees Q1 GDP deeper in red

Cointelegraph.com on MSN · 2h

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 a “Trumpcession.”

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 models. A graph on the GDPNow page lists the "Blue Chip Consensus" average of the top 10 and bottom 10 forecasts at a slight tick more than 2% U.S. GDP growth for Q1 2025.

Seeking Alpha on MSN · 9h

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 adjusted annual rate, from the 1.5% decline it estimated on Friday.

6hon MSN

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 ...

15hon MSN

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 ...

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 ...

7hon MSN

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.

4d

India's Oct-Dec GDP growth seen stronger on improved rural demand, government spending

India's economic growth is expected to have picked-up in the October to December quarter as rural consumption improved ...

12hon MSN

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 ...

15hon MSN

Italy sees modest GDP rise, deficit fall as it works towards EU commitments

The European Union’s third-largest economy expanded by 0.7% in 2024, fuelled by domestic consumption and increased exports.

19hon MSN

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 ...

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