News

NATO set to commit to five percent defense spending goal amid threats from Trump - ‘I assume that in The Hague we will agree ...
NATO allies have started cobbling together an agreement to significantly boost defense spending in a way that may assuage US President Donald Trump’s demand to spend 5% of economic output on the ...
But, absent that surge in goods, the latest GDP report could have been even uglier. Trump made no secret of the fact that he was going to announce higher tariffs for all US trading partners as of ...
What should be in GDP? : The Indicator from Planet Money The Trump administration has some nits to pick with government spending: They don't think it should be counted as part of the country's GDP ...
Can the U.S. just change how it measures GDP? : Planet Money There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of ...
GDP is a measure of production. It’s calculated by adding up consumer spending, business investment, government spending and the balance of trade, or the difference between exports and imports.
The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help ...
The U.S. economy contracted in the first quarter as President Donald Trump's economic agenda took effect, according to new data released on Wednesday. The Commerce Department's Bureau of Economic ...
Imports subtracted a startling 5.03% from GDP. This shows how tariffs distorted the data and make it hard to judge if the first quarter is a trend or an outlier. The same goes for the 21.9% spike ...
U.S. GDP shrank at an annual rate of 0.3% in the first quarter of 2025, marking the first decline in three years. Experts attribute the contraction to a surge in imports as businesses stocked up ...
In the first three months of 2025, it said, GDP contracted by 0.3%. The GDP growth rate captures the pace at which the total value of goods and services grows or shrinks. Together with ...