Understanding GDP: Why Imports Don't Actually Reduce Economic Growth
The current political discussion about tariffs has led to confusion about imports and GDP. Business leaders assessing the ...
World Bank Forecasts Vietnam's 2025 GDP Growth at 6.8%
HANOI (Reuters) -Vietnam's gross domestic product is projected to grow 6.8% in 2025, the World Bank said in a report on ...
Texas GDP bigger than Canada — HIVE exec backs state’s Bitcoin reserve push
HIVE Digital Chairman Frank Holmes says Texas' Bitcoin reserve could have an even bigger impact than the national strategy, ...
Saudi Arabia's GDP grows by 1.3% in 2024
Saudi Arabia's economy grew 1.3% year on year in 2024, preliminary government data showed on Sunday, supported by ...
CERAWEEK China demand concerns, GDP growth threaten global oil prices, Vitol CEO says
Vitol CEO Russell Hardy said on Monday that he expects global oil prices to move in a lower range than over the past three to ...
The New Republic on MSN4d
It’s Kind of Fitting That Musk Now Wants to Cook the Books on GDP
Heterodox economists have long criticized politicians’ maniacal obsession with GDP growth, pointing to its relatively recent ...
Early GDP Indicator Ticks Back Up. Turns Out, Gold Is Behind the Noise.
One of the red flags that market sentiment could be shifting amid President Donald Trump’s back and forth on tariffs last week was the Atlanta Federal Reserve’s GDPNow indicator. It suddenly dropped ...
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 ...
Marketplace13d
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.
Marketplace5d
Federal workers’ salaries represent less than 5% of federal spending and 1% of GDP
That’s 1% of gross domestic product, and almost 5% of total federal spending. The government payroll for other developed ...
Saudi Arabia's fourth-quarter GDP grows by 1.3%
Saudi Arabia's economy grew 1.3% year on year in the fourth quarter of 2024, preliminary government data showed on Sunday, ...