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 transactions, so all the goods or services bought and ...
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 business ...
President Donald Trump’s aggressive tariff plan was largely expected to impact the US economy’s first-quarter performance as companies loaded up on imported goods ahead of higher levies. But what few ...
Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead. Gross ...
The nation's gross domestic product — the broadest measure of economic activity — grew at an annual rate of 3% in April, May and June, according to a report Wednesday from the Commerce Department.
A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s massive policy shifts. But the latest numbers ...
The economy grew at a 3.8% annual rate in the second quarter of this year, an upward revision of five-tenths of a percentage point, the Bureau of Economic Analysis reported Thursday morning. The ...
The U.S. economy shrank faster than previously thought during the first three months of 2025, with growth contracting for the first time in three years. The country's gross domestic product fell at an ...
The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest ...
The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...