Concerns that the chancellor, Rachel Reeves, is considering tax hikes could weigh on consumer confidence, at a time when ...

GNP is different from gross domestic product, a measure of all the economic activity within a country's borders. GNP was the main measure of U.S. economic activity from 1934 to 1991, when it was ...

Expansion of the domestic economy, including record levels of public spending, was the main driver of growth in the Irish ...

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 ...

CSO data shows distribution, transport, hotels, and restaurants sector saw a wage decline of 3.2%, while industry was down ...

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, 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 ...

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