Top Trump administration officials are arguing that it is misleading to include government spending in the quarterly tally of ...
Appearing on Fox News last Sunday, financier turned Commerce Secretary Howard Lutnick echoed Musk’s recommendation. “You know ...
Government spending is tied up with consumer and business spending. Not reporting it as part of GDP would breach global accounting standards.
The recently announced GDP estimates for third quarter of 2024-25, second advance estimates of 2024-25, and revised and final ...
Official data showed businesses added 151,000 new jobs last month, outpacing January but unlikely to allay rising fears of ...
It’s good news that our economy has bounced back from its worst annual growth reading since 1992 (excluding the pandemic) but these headline gross domestic product numbers don’t tell the full ...