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 production.” ...
There may be an explanation for why the U.S. economy has been remarkably resilient, growing briskly despite high inflation and interest rates. Maybe it isn’t so resilient after all. This week, the ...
In the middle of the eighteenth century, the physician-turned-economist François Quesnay devised a quantitative model of the economy, among the first of its kind and a precursor to present-day GDP.
House Democratic Leader Nancy Pelosi says the Republican tax plans will be a “job-killer,” but most economic analyses of the plans suggest, on balance, modest job growth. The president revises history ...
The nation's gross domestic product — the broadest measure of economic activity — grew at an annual rate of 3% in April, May and June, according to a report Wednesday from the Commerce Department.
It’s looking like the first assessment of the economy for President Donald Trump’s second administration is going to look shaky. And his allies are already trying to move the goalposts. The Atlanta ...
The U.S. Department of Commerce recently posted data about U.S. real gross domestic product (GDP) on multiple blockchains. The move is an effort to win over President Trump's confidence in the figures ...
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