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 ...
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 ...
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 ...
Belgium aims to hike defence spending to 2% of GDP this year, De Tijd reports
The Belgian government aims to accelerate defence spending by 4 billion euros ($4.2 billion) in the coming months, Belgian newspaper De Tijd reported, citing Prime Minister Bart De Wever.
Marketplace9h
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.
Marketplace6d
One consequence of government spending cuts? Lower GDP
Government. And government spending — as you may have heard — is on the chopping block. Economists use a pretty simple formula to calculate GDP, said Anne Villamil, an economics professor at ...
Forbes5d
The Government Needs Wealthy Consumer Spending To Keep GDP Growing
the entire economy could suffer a major blow. All this puts actions by government officials into a different light. Yes, the wealthy have an impact on political spending and get their interests ...
Indiatimes1d
India's economy set for Q4FY25 boost with increased government spending and capex: UBI report
India's economy is expected to see a boost in Q4FY25, supported by a sustained increase in government spending and capital expenditure (Capex), alongside a pickup in consumption driven by the Maha ...
The New York Times5d
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
By Alan Rappeport Reporting from Washington The United States economy is starting to show signs of strain as President Trump’s abrupt moves to shrink federal spending, lay off government workers ...