The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the ...

The GDP grew at an annual rate of 3% in the second quarter after falling in the first, a swing economists attributed to ...

U.S. economic growth is expected to have rebounded in the second quarter after falling in the first. However, experts say ...

Keynesian orthodoxy claims that cuts in government spending mean less “aggregate demand,” and less “aggregate demand” leads ...

The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) ...

First of all, it’s much bigger than gross domestic product. Last year, when the U.S. G.D.P. was around $25.5 trillion, gross output was around $46 trillion (neither figure adjusted for inflation).

But until 1991, the government used gross national product, or GNP, as its featured measure. Why did it switch? First, it can be hard to get the difference straight between GDP and GNP.

Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a year, or other given period of time. GDP per capita is often ...

According to the Bureau of Economic Analysis, real gross domestic product, or real GDP, grew at an annualized rate of 2.4% in the second quarter of 2023. That beats the 1.8% forecast. This exceeds ...