In FY24, the government targeted a revenue-to-GDP ratio of 9.6%. It achieved just 8.2%. This pattern is not new. Since FY20, the ratio has hovered around 8%, despite targets being revised downward eac ...

From studying how to harness power from ocean waves to changing how the state regulates large data centers, New Jersey ...

The protests by Kenyan Gen Zs against punitive taxation measures, which culminated in the storming of Parliament for the first time in history on June 25, 2024, left a lasting impact on how future ...

Roads in the U.S. received a D+ from the American Society of Engineer's 2025 Infrastructure Report Card. How do our roads compare globally?

Russian President Vladimir Putin’s war on Ukraine has reverberated through Europe and spread to other countries that have long been dependent on the region for natural gas. But while oil-producing ...

Don’t expect to see much of a change to the latest figure for U.S. economic growth when it is updated on Thursday.Inflation-adjusted gross domestic product declined at an annual rate of 0.3% over the ...

Out of the thousands of economic statistics produced by the government, real earnings could be the most significant for ...

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 all final... Can we just change how we measure GDP?

Now the BEA's boss, Commerce Secretary Howard Lutnick, has proposed a much bigger change: taking government spending out of GDP. On today's show, can the U.S. change how it measures GDP?

That prompted Trump adviser Elon Musk to muse on Friday that a “more accurate measure of GDP would exclude government spending,” on X, the platform he owns. Over the weekend, Commerce ...