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

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

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

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 ...

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 ...

Gross domestic product shrank at a revised 0.5%% annual rate in the first quarter, the government’s second update showed. Previously GDP was reported to have contracted by 0.2%. GDP is the official ...

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 (GDP) includes consumer spending, government spending, net exports, and total investments. It functions as a comprehensive scorecard of a country’s economic health.

NATO leaders have approved a plan to dramatically increase defence spending across the Western alliance to five per cent of ...