News

As Senate Republicans turn the One Big Beautiful Bill, passed by one vote in the House, into a major taffy pull, two ...
We got the latest report on economic growth last week and it surprised most everyone. Real GDP expanded by an annualized 3.3% in the fourth quarter, well above the consensus estimate of 2%.
I joined with more than 300 economists from universities, think tanks, and businesses across the country to convey a message ...
Here is the opening text from the Bureau of Economic Analysis news release: Real gross domestic product (GDP) increased at an annual rate of 2.4 percent in the fourth quarter of 2024 (October ...
“Real GDP slipped in the first quarter, and while a decline during an expansion is unusual, it’s not unheard of and the economy isn’t in a recession, wrote Ryan Sweet, chief U.S. economist ...
Real GDP does not have a clear relationship with the money supply. Real GDP tends to be influenced by the productivity of economic agents and businesses. Theories of macroeconomics cite that an ...
(To be clear, this represents a permanent downward shift in the level of real GDP by 1.6%.) Although there is a greater possibility that the tariffs on Chinese goods are implemented, they would ...
Commerce Secretary Howard Lutnick stated that governments have historically "messed" with GDP calculations, and added that he plans to separate the two and make the process more transparent.
Harris County had the highest real GDP of any county in the state in 2023, according to data released by the U.S. Bureau of Economic Analysis. The county's real GDP was nearly $430 billion ...