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

All of this matters even more during periods of shifting global supply chains amid an active trade war and negotiations.

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 ...

U.S. economic growth declined more than initially estimated, with an increase in imports and a decline in government spending ...

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 ...

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 ...

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 ...