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 ...

The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, ...

In his words, “In other major economies, consumers contribute 50 to 75% of gross domestic product; in China, 40%.” Ip is specific that the latter weighs on GDP, and it does, which very neatly ...

Gross domestic product, which captures all the goods and services produced in the economy, registered an annualized rate of -0.2% in the first quarter, according to the Commerce Department’s ...

Gross Domestic Product, or GDP, is a measurement of economic output. It’s the total value of all the finished goods and services produced within a country, region, or industry during a specified ...

An updated read on gross domestic product — basically, how fast the economy grew in the fourth quarter of 2024 — comes out Thursday. The first estimate from the Bureau of Economic Analysis ...

Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of ...

Panama's gross domestic product grew 2.9% in 2024, significantly slowing from the previous year's 7.4% expansion, as air transport declined and a major copper mine closed, official data showed on ...