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.
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.
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.
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.
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 ...
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.
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
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 ...
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 ...
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 ...
Marketplace2d
“An incomplete picture of the economy”
Commerce Secretary Howard Lutnick says he wants to take government spending out of GDP measurements. We'll unpack the ...