U.K. Economy Unexpectedly Contracts, Posing New Challenge to Government
The contraction in the first month of the year is the latest frustration for a relatively new government that has pledged to ...
Houston region leads major U.S. metros in two-year GDP growth
Houston’s GDP growth outpaced the nation’s two largest metropolitan areas, New York and Los Angeles, which saw two-year ...
The Associated Press on MSN14d
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 ...
ZAWYA2h
GCC Statistical Centre: $131.5bln in remittances by workers in GCC countries
The volume of workers’ remittances from GCC countries is the highest globally, followed by remittances from the United States ...
Japan’s Economy Grew More Slowly Than Initially Estimated in Final Quarter of 2024
The Japanese economy grew at a slower pace than initially estimated in the October-December period but still marked a third ...
World Bank forecasts Vietnam's 2025 GDP growth at 6.8%
Vietnam's gross domestic product is projected to grow 6.8% in 2025, the World Bank said on Wednesday, while noting that the ...
Mint7d
Gross domestic product: Grossly inadequate as a measure of well-being
The statistics ministry recently released a bunch of fresh data-sets related to India’s gross domestic product (GDP) across three years, including a guesstimate of expected economic growth for ...
Underpinning Trump’s Tariff-Based Trade Wars Are Misunderstood Trade Deficits
Tariffs are Trump's weapon of choice in on-again, off-again trade wars with Colombia, Canada, Mexico, China, importers of ...
MTPR5d
How reliable is the government's economic data? Under Trump, there are real concerns
At the same time, Commerce Secretary Howard Lutnick has suggested changing the way the broadest measure of the economy — ...
China boosts budget deficit target to ‘around 4%' of gross domestic product in a rare move
China on Wednesday announced plans to raise its fiscal deficit to around 4% of gross domestic product, a rare increase that ...
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 ...
White House adviser expects US GDP growth of at least 2% to 2.5% in Q1
White House economic adviser Kevin Hassett told Fox News on Wednesday that he expected U.S. gross domestic product growth to ...