China’s economy grew at a slightly faster pace than expected in the second quarter, showing resilience in the face of U.S.

While China’s economic growth in June beat economists’ estimates of 5.1%, it represented a deceleration from the 5.4% growth ...

Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.

Consumption is always and everywhere a consequence of actual economic growth: production.

In “ Recession Fears May Not Pass GO ” (op-ed, Aug. 10), Mark Skousen argues for using gross output, or GO, as a more reliable indicator of economic growth than gross domestic product. I fail ...

GDP is composed of goods and services produced for sale in the market and also includes some nonmarket production, such as defense or education services provided by the government. An alternative ...

Rachel Reeves has been dealt another blow after the UK economy unexpectedly shrank in May. Economists had expected gross ...

What is GDP? A simple way to define Gross Domestic Product is to break down the three words making up the term: Gross is the total market value of how much goods and services cost in the marketplace.

The US economy shrank by 0.6% during the second quarter of the year, according to the latest gross domestic product estimate from the Bureau of Economic Analysis released Thursday.

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

Then why has GDP decreased? Gross domestic product fell 1.6% in the first quarter mostly because of trade and inventories, two volatile parts of the economy.