Understanding GDP: Why Imports Don't Actually Reduce Economic Growth
The current political discussion about tariffs has led to confusion about imports and GDP. Business leaders assessing the ...
Musk and Lutnick want to measure GDP minus government. It’s already done and makes little difference.
The Trump administration wants to create a separate report about the economy that strips out the impact of government ...
Trump officials want to measure the economy's health in a way that may hide DOGE cuts
Trump administration officials have suggested they may try to look differently at a key economic measure of America's ...
Trump official floats new approach on GDP, as economy is poised to slow sharply
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
The New Republic on MSN5d
It’s Kind of Fitting That Musk Now Wants to Cook the Books on GDP
Appearing on Fox News last Sunday, financier turned Commerce Secretary Howard Lutnick echoed Musk’s recommendation. “You know ...
The New Republic on MSN9dOpinion
Trump Is About to Hide DOGE’s True Costs From the Entire Country
On Sunday, President Trump announced his plans for a U.S. “crypto strategic reserve,” stating that he’d make the country the ...
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 ...
Financial Advisor5d
Without Federal Spending, What's Left Of U.S. GDP Growth?
Elon Musk and Commerce Secretary Howard Lutnick want to take government out of GDP. They should be careful what they wish for ...
Marketplace9d
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 New York Sun9d
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 ...
The Washington Post9d
Trump official floats new approach on GDP, as economy is poised to slow sharply
That prompted Trump adviser Elon Musk to muse on Friday that a “more accurate measure of GDP would exclude government spending,” on X, the platform he owns. Over the weekend, Commerce ...
Chicago Tribune11d
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
“They count government spending as part of GDP. So I’m going to separate those two and make it transparent.” Doing so could potentially complicate or distort a fundamental measure of the U.S ...