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 and ...

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 ...

GDP measures total economic output within a country over a specific period. Investors use GDP to anticipate market shifts and adjust portfolios accordingly. Buying cyclical stocks during GDP growth ...

When it is growing, especially if inflation is not a problem, workers and businesses are generally better off than when it is not Many professions commonly use abbreviations. To doctors, accountants, ...

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 ...

Aug. 28 (UPI) --The U.S. gross domestic product was revised slightly upward, according to the second estimate released by the U.S. Bureau of Economic Analysis Thursday. The GDP, which is a measure of ...

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, ...

Stocks hit all-time highs after data revealed the US economy grew faster than expected during the latest quarter, boosted by strong consumer spending and big investments in artificial intelligence ...