The U.S. economy emerged from the pandemic even more quickly than previously reported, revised data from the federal government shows. The Commerce Department on Thursday released updated estimates of ...
Consumption is an always effect of what actually matters: production. It’s a reminder that while “supply siders” are increasingly ridiculous, “supply-side economics” is a statement of the obvious: the ...
Last week’s report on economic output recharged speculation about whether the U.S. economy is in a recession. Gross domestic product shrank for the second quarter in a row, a common, but unofficial, ...
Gross domestic income, adjusted for inflation, grew more modestly than first estimated. Unlike gross domestic product, though, it remained positive. By Ben Casselman A key measure of U.S. economic ...