Taiwan needs to dramatically hike defense spending to around 10% of gross domestic product in order to deter a war with China ...

Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...

Real U.S. Gross Domestic Product in the fourth quarter 2024 rose at an annual rate of 2.3%, according to the Commerce ...

Houston’s GDP growth outpaced the nation’s two largest metropolitan areas, New York and Los Angeles, which saw two-year ...

Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.

The U.S. economy is proving stronger and more resilient than many of its peers on the world stage. According to the World ...

South Africa's economy showed resilience in Q4 2024, rebounding with a 0.6% GDP increase, largely fueled by strong ...

South Africa’s economy expanded modestly in the fourth quarter following a mild contraction in the previous period.

Economists have estimated that President Donald Trump’s tariffs on Canada will shave 2 to 4 percentage points off the country ...

The 0.7% increase in gross domestic product (GDP) reported by national statistics bureau ISTAT, boosted by four more working ...

South Africa's economy grew by 0. 6% in 2024, falling short of government projections despite improvements in power supply.