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 ...
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 ...
TheStreet.com3y
What Is Gross Domestic Product (GDP)? Definition and FAQ
Gross domestic product, or GDP, is a measure of a country's economic output over a certain time period—usually a year. GDP is looked to as a primary indicator of a country's economic health.
Marketplace8d
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 ...
Military.com9d
UK to Raise Defense Spending to 2.5% of GDP by 2027, Starmer Says 2 Days Before Trump Meeting
LONDON — Prime Minister Keir Starmer pledged Tuesday to raise U.K. defense spending to 2.5% of gross domestic product by 2027, saying Europe is in a new era of insecurity that requires a ...
China reportedly raises budget deficit target to 4% of gross domestic product
China on Wednesday reportedly announced plans to raise its fiscal deficit to 4% of GDP, a rare increase that marks a ...