Gross domestic product is a controversial metric. Heterodox economists have long criticized politicians’ maniacal obsession with GDP growth, pointing to its relatively recent creation as a measure of ...
The U.S. Department of Commerce recently posted data about U.S. real gross domestic product (GDP) on multiple blockchains. The move is an effort to win over President Trump's confidence in the figures ...
The first decline in gross domestic product in three years was no big surprise in light of a record surge in imports. Higher trade deficits subtract from GDP. Setting trade-war influences aside, the ...
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: the economy ...
Sophie Mitra does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...
The odds that recession is coming appear more likely after the GDP decline last quarter - but that alone may not be enough to determine the situation Could the U.S. already be in a recession? And if ...
A Republican congressman has warned that tariffs are having an outsized impact on his state's economy. "We're now in a troubled time," Nebraska Representative Don Bacon told CNN on Monday. "And ...
Lies, damned lies, and government statistics, Mark Twain might have been moved to say if he were around to read June’s employment report. For a clearer view of the job market—and the overall ...
US President Donald Trump believes that all NATO countries except the US should spend 5% of their GDP on defence. Source: European Pravda; Trump speaking to journalists Details: Trump was asked ...
President Donald Trump’s first address to Congress of his second term was full of the same. Just more of him blaming former President Joe Biden for everything bad and making fairytale promises about ...