The Washington Post on MSN12d
Trump official floats new approach on GDP, as economy is poised to slow sharply
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
Understanding GDP: Why Imports Don't Actually Reduce Economic Growth
As GDP estimates the value of production in the US, imports are neither added nor subtracted conceptually. Everyone agrees ...
How the US economy went from booming to a recession scare in only 20 days
Just 20 days ago, the US stock market was sitting at all-time highs. The US economy appeared to be growing at a solid pace. And a recession was nowhere in sight.
The New Republic on MSN9d
It’s Kind of Fitting That Musk Now Wants to Cook the Books on GDP
Appearing on Fox News last Sunday, financier turned Commerce Secretary Howard Lutnick echoed Musk’s recommendation. “You know ...
Bloomberg L.P.10d
Gold Imports at Root of Record US Trade Gap Excluded From GDP
An eye-popping imports surge that has driven the US trade deficit to a record and elevated anxiety about the economy largely ...
Yahoo Finance10d
It’s Kind of Fitting That Musk Now Wants to Cook the Books on GDP
As Columbia Business School’s Brett House told Barron’s, carving out all the money that federal, state, and local governments spend on new goods and services from GDP would result in an ...