NATO set to commit to five percent defense spending goal amid threats from Trump - ‘I assume that in The Hague we will agree ...

Can the U.S. just change how it measures GDP? : Planet Money There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of ...

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 is a measure of production. It’s calculated by adding up consumer spending, business investment, government spending and the balance of trade, or the difference between exports and imports.

NATO allies have started cobbling together an agreement to significantly boost defense spending in a way that may assuage US President Donald Trump’s demand to spend 5% of economic output on the ...

But, absent that surge in goods, the latest GDP report could have been even uglier. Trump made no secret of the fact that he was going to announce higher tariffs for all US trading partners as of ...

Estimating the GDP of this entire economy — which now stands just shy of $29.2 trillion — is a work in progress. The Bureau of Economic Analysis just gave us its mostly final estimate ...

EY chief economist Gregory Daco said in an email. Yet GDP could get a second-quarter boost as companies import fewer goods in the current quarter due to the rollout of the tariffs and the front ...

Imports subtracted a startling 5.03% from GDP. This shows how tariffs distorted the data and make it hard to judge if the first quarter is a trend or an outlier. The same goes for the 21.9% spike ...

The U.S. economy contracted in the first quarter as President Donald Trump's economic agenda took effect, according to new data released on Wednesday. The Commerce Department's Bureau of Economic ...

GDP measures all final goods/services produced in a defined area, adjusted for inflation to show real growth. GDP growth rates, especially real GDP annually, are key indicators of economic ...