This metric measures the three-year compound annual growth rate of real gross domestic product by state, which has been adjusted for inflation to allow for year-to-year comparison. Data comes from ...
Economics is no different. Economists use many acronyms. One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers, on the television news, and in reports ...
For the first time since 2009, the U.S. gross domestic product was negative for two quarters in a row. After dropping 1.6% during the first quarter of 2022, the GDP fell another 0.9% in the second ...