so we annualize it using the following formula: g₍annual₎ = (1 + g₍quarterly₎)⁴ – 1 Image source: The Motley Fool. The annual rate is equivalent to the growth rate over a year if GDP ...

However, we should understand obviously that the macroeconomic formula above serves as a tool for managing short-term economic growth throughout the business cycle. For instance, if the economy is ...

GDP contracted at an annual rate of 0.3 percent, a new report shows, as imports surged with panic purchases ahead of tariffs.

to attain higher economic growth. However, it should be understood that the macroeconomic formula above serves as a tool for managing short-term economic growth throughout the business cycle.