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.
The Government Needs Wealthy Consumer Spending To Keep GDP Growing
A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.
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.
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
Trump official floats new approach on GDP, as economy poised to slow sharply
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
These 4 Countries Have Faster GDP Growth Than the US
The U.S. economy is facing an unexpected downturn in 2025, with the Atlanta Federal Reserve projecting a 1.5 percent GDP contraction in the first quarter, reversing earlier expectations of 2 percent ...
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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.
China Sets 2025 GDP Growth Target At ‘Around 5%’ Amid Major Challenges
China set its economic growth target at “around 5%” for 2025, the same as last year and in line with market expectations.
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 ...
GDP grows at fastest pace since 2022
The 0.6 per cent GDP growth in December confirms the RBA’s view that the economy has turned a corner, but means another rate ...
Taiwan needs to hike defense spending to 10% of GDP-Pentagon nominee
Taiwan needs to dramatically hike defense spending to around 10% of gross domestic product in order to deter a war with China ...