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The Caixin China General Services PMI jumped to 52.6 in July, the highest since May 2024, up from June’s nine-month low of 50 ...
IOWA, USA — Cycling and trail use in Iowa generate at least $1.4 billion annually for the state's GDP, making it one of Iowa's top 50 industries, according to a new study released by the Iowa ...
Shipping containers at the Port of Los Angeles on April 3. The latest US GDP report showed that goods imports rose by 51% in the first quarter, the fastest pace since 2020. Mario Tama/Getty Images ...
GDP tells us how hot the economy is running, or how cool — like if we might be heading into a recession. And it's an important tool to compare countries, policies, and politicians.
GDP is significant because it offers insight into the bedrock activity level upon which all economic outcomes depend, Mark Zandi, chief economist at Moody's Analytics, told ABC News.
U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product (GDP) report, but gave no indication how soon this change might happen ...
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 ...
The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help ...