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.

Moreover, “gross” domestic product takes no account of the “wear and tear” on the machinery, buildings, and so on (the so-called capital stock) that are used in producing the output. If this depletion ...

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 ...

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 ...

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.

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.

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

Gross domestic product, or GDP, portrays US economy as remarkably resilient. But another measure - gross domestic income - revives recession fears.

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.

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 ...