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 ...

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

The European Union scaled back its forecast for growth in 2025 by nearly half a percentage point, as the jump in tariffs and ...