Trump officials want to measure the economy's health in a way that may hide DOGE cuts
Published On Mar 9, 2025, 10:00 AM
Officials from the Trump administration are considering redefining how the economy's health is measured, with potential changes to the way Gross Domestic Product (GDP) is reported. This came amidst concerns that current economic data does not accurately reflect the economy's performance particularly with the impact of policies from the administration. Elon Musk has advocated for a measure that could exclude government spending from GDP calculations, which some critics view as an attempt to hide negative economic impacts caused by recent policy decisions. The broader economic outlook is under scrutiny, with predictions for GDP growth being revised downwards by firms like JPMorgan and Goldman Sachs.
Stock Forecasts
SPY
Negative
The market may react negatively to ongoing discussions about changing how GDP is measured, as it raises concerns about transparency and economic accuracy. Additionally, any measures that suggest economic manipulation could deter investor confidence.
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