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.

Gross domestic product decreased at a downwardly revised 0.5% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis (BEA) said in its third estimate of GDP on Thursday.

Thursday's GDP report shows the U.S. economy grew at an annual rate of 2.6% in July, August and September, after shrinking in the first half of the year.

Imports expanded 37.9%, fastest since 2020, and pushed GDP down by nearly 4.7 percentage points. Consumer spending also slowed sharply, expanding just 0.5%, down from a robust 4% in fourth-quarter ...

It's also important to keep in mind that GDP is a lagging indicator, meaning that it’s a backward-looking gauge, and that it often gets revised after the initial release. Economists, investors ...

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 ...

GDP growth is forecast to slow to 1.9% in 2025, according to FactSet. That's down from 2.8% in 2024.

For the first time since 2009, the U.S. gross domestic product was negative for two quarters in a row. After dropping 1.6% during the first quarter of 2022, the GDP fell another 0.9% in the second ...

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 ...

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.