gross domestic product - Search News

Hosted on MSN · 1d

Musk and Lutnick want to measure GDP minus government. It’s already done and makes little difference.

The Trump administration wants to create a separate report about the economy that strips out the impact of government spending. The Commerce Department already does this.

Marketplace · 21h

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 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.

International Business Times · 1d

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.

Hindustan Times on MSN · 1d

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

11h

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 ...

5don MSN

U.S. gross domestic product rose 2.3% in fourth quarter, up 2.8% for 2024 as a whole

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

11h

Houston region leads major U.S. metros in two-year GDP growth

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

This Trump-Voting State Has the Fastest Growing Economy in America

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

21hon 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 ...

2h

Germany's likely next government seeks higher defense spending as doubts rise about US commitment

The prospective partners in Germany’s next government say they will seek to loosen the nation’s rules on running up debt to ...

11h

South African Economy Shifted Back to Growth in Fourth Quarter

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

1don 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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