GDP, howard lutnick 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.
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.
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.
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
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 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 ...
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 ...
Marketplace21h
“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 ...
India-US trade deal long overdue, it will boost GDP of both nations: USIBC
USIBC President Atul Keshap said that meaningful trade facilitation through a bilateral trade deal is long overdue, and would ...
thedeepdive19h
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 MSN21hOpinion
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 ...
Commerce Secretary’s Comments Raise Fears of Interference in Federal Data
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...