For months, economists and retailers have claimed that the tariffs will spike prices, yet government measurements of ...

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 shrank at a faster pace in the beginning of the year than originally reported, as new economic data showed a ...

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

First-quarter gross domestic product (GDP) growth was revised lower Thursday in light of reduced consumer spending, surprising economists. GDP contracted by 0.5 percent on an annualized basis, 0.3 ...

U.S. economic growth declined more than initially estimated, with an increase in imports and a decline in government 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 ...