GDP, Trump and government spending

Why government spending counts in GDP, as Trump admin considers excluding it
Top Trump administration officials are arguing that it is misleading to include government spending in the quarterly tally of GDP. It sets up a clash between the administration and economists over how to calculate the broadest measure of economic activity.
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 product.
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.
One consequence of government spending cuts? Lower GDP
Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects.
Donald Trump admin may exclude govt spending from GDP, obscuring impact of DOGE cuts
Government spending is traditionally included in the GDP because changes in taxes, spending, deficits and regulations by the government can impact the path of overall growth.
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
Marketplace17h
“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 ...
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 ...
New York Sun16h
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.
GDP tipped to grow at fastest pace since 2022 as exports jump
The economy is expected to have grown by 0.6 per cent in December thanks to higher state and federal government spending, ...
PBS4d
U.S. economy grew 2.3 percent annually in the last months of 2024, the outlook for 2025 is cloudier
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end ...
India's Oct-Dec GDP growth seen stronger on improved rural demand, government spending
India's economic growth is expected to have picked-up in the October to December quarter as rural consumption improved ...
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 ...