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 ...

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.

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 ...

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

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.

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 ...