Discover how induced taxes work as economic stabilizers, influencing spending and income to moderate economic cycles and steady macroeconomic performance.

For economists trying to measure the health of an economy, there are a number of similar sounding but slightly different concepts that can confuse those without a background in macroeconomics. Two of ...

Economic growth refers to the increase in goods and services production over set periods, often measured by GDP or GNP, ...

Many economists care more about China’s per capita GDP, or income per person, than the aggregate measure. The key takeaway is that China remains a poor country, despite its phenomenal headline ...

Here is a quick look at how the real GDP growth looks for FY26.

Political Calculations' initial estimate of median household income in February 2023 is $80,893. After last month's substantial revisions, the Bureau of Economic Analysis' latest revisions of its ...

In the last few months, there have been talks about rebasing the two important economic indicators, the Gross Domestic Product (GDP) and the Consumer Price Index (CPI). While the GDP calculates the ...