GDP, government spending

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.
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.
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.
Trump administration may exclude government spending from GDP, obscuring impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.
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.
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
Investing21d
Compound Annual Growth Rate (CAGR) Definition
And, indeed, if we list out our annual performance at the 11.6% compound annual growth rate, the math does check out: Microsoft Excel does not have a standardized CAGR Formula. But we can create ...
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
Reuters5d
US economic growth slows in fourth quarter
GDP growth was revised up by less than 0.1 percentage point, which after rounding matched the 2.3% rate that was estimated last month. Upgrades to government spending and exports were partly ...
Atlanta Fed GDPNow Sees Economy Shrinking After Friday Data
The US economy is setting up to take a major step back in the first quarter after a pair of reports showed weaker consumer ...