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 ...
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 ...
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 ...
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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.
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank’s GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
Atlanta Fed’s GDP Predictor Is Tanking. It’s All About Trade Wars.
The Atlanta Federal Reserve keeps a running tally of how it expects gross domestic product to perform in the current quarter. It just swung from solid growth to contraction. The reason could be down ...