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.” ...
The ongoing government shutdown has delayed the official third-quarter GDP report release, although real-time estimates from ...
The economy could lose $14 billion if the government shutdown continued for another month, the Congressional Budget Office ...
The report says lost goods and services from furloughed workers’ downtime won’t be regained once the government reopens.
So, some Federal Reserve branches model GDP. The Atlanta Fed estimates the economy grew at a healthy annual rate of 3.9% last ...
In February, the personal consumption expenditure (PCE) price index came in lower than expected, with consumer spending rising by 5.0% compared to a year ago, down from 5.3% in January. This month’s ...
Each week of the ongoing government shutdown could cost the economy $7 billion and reduce GDP growth by 0.1 percentage points ...
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.
As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of goods and services produced within a country’s borders in a specific period of ...
Canada's GDP contracted in August against a consensus estimate of flat growth, data showed on Friday, and an advance estimate ...