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

The new estimates show that gross domestic product, adjusted for inflation, grew faster in 2021, 2022 and early 2023 than initially believed. By Ben Casselman. Sept. 26, 2024.

Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of ...

Gross Domestic Product (GDP) and Gross National Income (GNI) are two measurements of economic activity. GDP reflects the state of a nation's economy using the value of its production.