GDP, government spending

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.
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 may exclude Government Spending from GDP
An economics professor will tell you that GDP is equal to the total spending by consumers, total investment, total government spending, and total net exports. The Trump administration, however ...
Czech government to gradually lift defence spending to 3%/GDP by 2030, PM says
The Czech government has decided to gradually raise its defence spending to 3% of gross domestic product by 2030, from around 2%, Prime Minister Petr Fiala said on Wednesday.
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.
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 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.
Germany to ease government debt limits in major step aimed at boosting economy, defense spending
The two political parties expected to form the next German government have agreed to loosen the country's constitution ...
Germany's planned spending spree: what it means for the economy
Germany is in for a massive ramp-up in spending under an agreement by the parties hoping to form its next government, with a ...
Maybe government spending isn’t so bad after all: McGeever
And on Sunday, Commerce Secretary Howard Lutnick said government spending has historically "messed" with GDP and should be stripped from GDP figures altogether. This would be a complete rejection of ...
Czech Republic to Lift Defence Spending to 3% of GDP by 2030, PM Says
PRAGUE (Reuters) - The Czech government has decided to gradually raise its defence spending to 3% of gross domestic product ...
What Germany's planned spending spree could mean for the economy
Germany is in for a massive ramp-up in spending under an agreement by the parties hoping to form its next government, with a ...
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 ...