gdp government spending

GDP, Consumer 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.

Marketplace · 6d

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.

Forbes · 6d

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.

Reuters · 3h

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.

Marketplace · 1d

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.

Hindustan Times on MSN · 2d

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

German defense spending likely to rise

The Associated Press - Busines… · 3h

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 restrictions on borrowing, enabling 1 trillion euros ($1.08 trillion) or more in spending on defense and infrastructure.

CNN · 8h

‘A really big bazooka’: German defense spending likely to rise after parties agree historic debt change

The parties hoping to form Germany’s next government have agreed to overhaul borrowing rules and create a €500 billion ($536 billion) infrastructure fund in a tectonic spending shift to revamp the military and revive growth in Europe’s largest economy.

Las Vegas Sun · 18h

Germany's likely next governing parties seek looser debt rules for more defense spending

The prospective partners in Germany’s next government say they will seek to loosen the nation’s rules on running up debt to allow for higher defense spending

Germany's planned spending spree

U.S. News & World Report · 5h

Factbox-What Germany's Planned Spending Spree Could Mean for the Economy

The defence industry also stands to gain. Under the prospective coalition's plans, Germany's strict cap on borrowing known as the 'debt brake' would be amended in the constitution to exempt defence expenditure above 1% of economic output.

Reuters · 5h

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 500 billion euro special fund sought for infrastructure and plans to unshackle defence investment from its debt rules.

The Wall Street Journal on MSN · 5h

Euro’s Prospects Could Improve on German Fiscal Plans

The euro rose against the dollar and its prospects could improve if Germany’s fiscal spending plans lead to eurozone growth.

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 ...

Los Angeles Times2d

Trump administration may exclude government spending from GDP, obscuring impact of DOGE cuts

“You know, that governments historically have messed with GDP,” Lutnick said on Fox News Channel’s “Sunday Morning Futures.” “They count government spending as part of GDP. So I’m ...

1don MSN

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 ...

1don MSN

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 ...

18h

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 ...

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