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GDP

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62 days ago

US may exclude government spending from GDP, obscuring effect of Doge cuts

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a story from The Guardian › International

Howard Lutnick’s remarks echo Elon Musk, who says government spending doesn’t create value for US economy

Howard Lutnick, the US commerce secretary, said on Sunday tha…

63 days ago

Kemi Badenoch says UK must 'prepare for the worst' by hiking defence spending to 3% of GDP by 2029 - as she suggests language barrier might have fueled Zelensky's Oval Office row

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a story from The Daily Mail › The Daily Mail

Kemi Badenoch urged Keir Starmer to seek 'peace through strength', saying that was the only thing Russia respected.

65 days ago

Q1 GDP Tracking: Wide Range, GDPNow Goes Negative

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a story from Calculated Risk › Calculated Risk

From BofA:
The second print of 4Q GDP came in at 2.3% q/q saar, unchanged from the advance print and a tenth higher than our tracking estimate. Meanwhile, our 1Q GDP tracking is unchanged at 2.3% q/q…

66 days ago

Boost for Starmer ahead of crunch Trump talks: US officials praise UK hiking defence spending to 2.5% of GDP and PM's offer of troops for any Ukraine peace deal

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a story from The Daily Mail › The Daily Mail

US officials praised the UK's commitment to hike spending on defence to 2.5 per cent of GDP, and the PM's offer of troops for any Ukraine peace deal.

Q4 GDP Growth Unrevised at 2.3% Annual Rate

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a story from Calculated Risk › Calculated Risk

From the BEA: Gross Domestic Product, 4th Quarter and Year 2024 (Second Estimate)
Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, N…

67 days ago

Thursday: GDP, Unemployment Claims, Durable Goods, Pending Home Sales

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a story from Calculated Risk › Calculated Risk

Mortgage Rates Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a…

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