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 all final transactions, so all the goods or services bought and ...

The U.S. economy emerged from the pandemic even more quickly than previously reported, revised data from the federal government shows. The Commerce Department on Thursday released updated estimates of ...

Consumption is an always effect of what actually matters: production. It’s a reminder that while “supply siders” are increasingly ridiculous, “supply-side economics” is a statement of the obvious: the ...

Aug. 28 (UPI) --The U.S. gross domestic product was revised slightly upward, according to the second estimate released by the U.S. Bureau of Economic Analysis Thursday. The GDP, which is a measure of ...

When it is growing, especially if inflation is not a problem, workers and businesses are generally better off than when it is not Many professions commonly use abbreviations. To doctors, accountants, ...

Health care spending growth is expected to outpace that of the gross domestic product (GDP) during the coming decade, resulting in a health share of GDP that reaches 19.7 percent by 2032 (up from 17.3 ...

Last week’s report on economic output recharged speculation about whether the U.S. economy is in a recession. Gross domestic product shrank for the second quarter in a row, a common, but unofficial, ...

U.S. Treasury Secretary Scott Bessent on Thursday applauded the Federal Reserve's decision to cut interest rates by a quarter ...

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 ...

President Donald Trump’s global trade war has again distorted the broadest snapshot of the U.S. economy – this time creating a brighter picture. The economy grew solidly in the second quarter but ...

Clark County saw the fifth highest gross domestic product growth in Washington over the past few years, according to a new study from SmartAsset. It’s impossible to ignore the many new homes and ...