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 ...

Learn what GDP is, its types like Nominal, Real, and PPP, and how it's calculated using production, expenditure, and income ...

A new GDP report is expected to offer a first look at how tariffs are reshaping spending patterns and changing the economy.

The U.S. economy shrank over the initial months of President Donald Trump's second term as a flurry of tariff proposals ...

The governments GDP formula subtracts imports in an effort ... The unemployment rate stands at a historically low level and job growth remains robust, though it has slowed from previous highs.