Reducing federal support for research and development could cause long-run economic damage and reduce government revenue.
Category: Gross Domestic Product
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Trump’s Trade War Will Slow Global Economic Growth, OECD Says
Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy take their toll.
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Trump Bows to Economic Reality With Tariff Delays and Exemptions
With prices still high, the Trump administration is heeding the risks of fanning inflation with import duties.
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Lutnick Remarks on Removing Government Spending in GDP Data Raises Fears
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.
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Lutnick Remarks on Removing Government Spending in GDP Data Raises Fears
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.
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Britain’s Economy Squeezes Out 0.1% Growth
The unexpected increase eases pressure on the government, which has been trying to spur investment and development.
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U.S. Economy Grew 2.3 Percent in Fourth Quarter
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
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Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.
Candidates in the upcoming federal election are focused on lowering taxes and increasing public spending.
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Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.
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How a Government Shutdown Could Affect the Economy
A short lapse in funding would probably do only modest damage. But it could send a troubling signal about government dysfunction.
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GDP Report Shows US Economy Grew at 2.8% Rate
In a key economic report released just days before the presidential election, growth was again driven by robust consumer spending.
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These Are Boom Times for ‘Degrowth’
The term has recently begun taking root in popular culture and policy.