Commerce Secretary Howard Lutnick stated that governments have historically "messed" with GDP calculations, and added that he plans to separate the two and make the process more transparent.
The NSO also revised the GDP growth for 2023-24 to 9.2 per cent against the earlier estimate of 8.2 per cent. (Except for the headline, this story has not been edited by NDTV staff and is ...
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.
India Q3 GDP Data FY25 Live Updates: The Indian economy grew at 6.2% in the third quarter of the current financial year 2024-25. India’s GDP grew at a several quarter low of 5.6% in Q2.
"They count government spending as part of GDP. So I'm going to separate those two and make it transparent." Lutnick was asked whether he was concerned that the Trump administration's policies ...
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 ...
The average forecast from 15 local and international analysts showed Argentina's gross domestic product (GDP) expanding 1.7% in the last three months of 2024. "It's the first positive sign after ...
Fiscal expansion could increase GDP by 2% per year German economy seen stagnating this year Recovery expected in 2026, 1.1% growth without fiscal package BERLIN, March 14 (Reuters) - Germany's ...
CALGARY, Alberta, March 18, 2025 (GLOBE NEWSWIRE) -- Alberta’s ICT sector is projected to contribute over $13 billion to Canada’s GDP by 2030. A new report from the Information and ...
The Atlanta Fed’s GDPNow model on Friday lowered its forecast for the U.S. economy to a contraction at a 1.5% annual rate. This would be the first quarterly contraction in the economy since the ...
Taiwan's President Says the Defense Budget Will Exceed 3% of GDP in Military Overhaul TAIPEI, Taiwan (AP) — Taiwanese President William Lai Ching-te said Thursday that the island's defense ...
We are moving on from the narrow path," he said. The data show GDP per person increased by 0.1 per cent in the December quarter, which ended seven consecutive quarters of declines. Households ...
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