Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
As GDP estimates the value of production in the US, imports are neither added nor subtracted conceptually. Everyone agrees ...
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.
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 ...
An eye-popping imports surge that has driven the US trade deficit to a record and elevated anxiety about the economy largely ...