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 ...
Trump administration may exclude government spending from GDP, obscuring impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...
Marketplace1d
“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 ...
New York Sun22h
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 ...
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.
Tariff threats and uncertainty could weigh on consumers and drag down the economy, government report suggests
Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose ...
India's economic growth picks up on rising government, consumer spending
December, picking up on increased government and consumer spending, official data showed on Friday, and the government said ...
Belgium aims to increase defence spending to 2% of GDP this year
The Belgian government aims to accelerate defence spending by 4 billion euros ($4.2 billion) in the coming months, the Belgian defence ministry said on Tuesday, confirming a report by Belgian ...
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Taiwan plans to take defence spending to 3% of GDP. Will it ease US pressure?
“A special budget will be prioritised to ensure that defence spending reaches the goal of more than 3 per cent of GDP,” Lai said, identifying the increase as a key government priority for the ...
Tariff threats and uncertainty could weigh on consumers, drag down US economy, government report suggests
Yet data released Friday by the Commerce Department also showed that Americans cut their spending last month 0.2% in January ...
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 ...