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.” ...
Indeed, by one measure, AI spending contributed roughly 1.1 percentage points of the 1.6% annualized increase in U.S. gross ...
The U.S. economy's GDP grew at a 3.8% rate in the second quarter following the latest revision after the economy recorded a 0 ...
Second-quarter GDP was revised up to a strong 3.8% rate. That comes after the GDP contracted in the first quarter.
US policymakers, financial institutions and business owners have been flying blind for almost a month as a government ...