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.

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 ...

New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.

A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s massive policy shifts. But the latest ...

Spain is targeting a deficit of 5.5 percent of gross domestic product (GDP) at year-end, inside a 5.8 percent goal set by the European Union. Without including aid granted to banks, the budget ...

Forecasters surveyed by the Federal Reserve Bank of Philadelphia in May anticipate real GDP to increase 1.4 percent in 2025, though that's down 1.0 percentage points from the same survey in February.

U.S. defense spending was 3.38% of GDP in 2024, based on NATO's figures. America's defense spending has been above 3% since NATO devised the 2% threshold in 2014, when it was at 3.71%.

GDP tells us how much the economy grew or shrank, governments look to it when crafting economic policy, investors watch it to decide where to route flows of money.

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 ...