China reportedly raises budget deficit target to 4% of gross domestic product
China on Wednesday reportedly announced plans to raise its fiscal deficit to 4% of GDP, a rare increase that marks a ...
Commerce Secretary’s Comments Raise Fears of Interference in Federal Data
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...
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 ...
U.S. gross domestic product rose 2.3% in fourth quarter, up 2.8% for 2024 as a whole
Real U.S. Gross Domestic Product in the fourth quarter 2024 rose at an annual rate of 2.3%, according to the Commerce ...
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 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 ...
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
South Korea Q4 GDP +0.1% q/q, unchanged from early estimate
South Korea's economy grew 0.1% in the final quarter of 2024 from the quarter before, revised central bank data showed on ...
Italy 2024 GDP Growth Misses Govt Goal but Public Finances Improve
The 0.7% increase in gross domestic product (GDP) reported by national statistics bureau ISTAT, boosted by four more working ...