US GDP puzzle and some clues for India - News Summed Up

US GDP puzzle and some clues for India


Historically, GDP revisions tend to be larger than employment revisions; when the two conflict, jobs data is usually more reliable. AdvertisementThe optimistic view flips this: GDP is right, and the weak labour data is misleading. In the first half of 2025, investment in IT and data centres — 4 per cent of GDP — accounted for 92 per cent of GDP growth. India has long grappled with GDP expansion that fails to generate commensurate employment. The American puzzle will take years to resolve; official data for late 2025 will likely read very differently a few years hence.


Source: Indian Express December 30, 2025 09:28 UTC



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