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The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help ...
But, absent that surge in goods, the latest GDP report could have been even uglier. Trump made no secret of the fact that he was going to announce higher tariffs for all US trading partners as of ...
Can the U.S. just change how it measures GDP? : Planet Money There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of ...
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 ...
Real GDP fell in the year's first quarter at an annualized rate of 0.3%. That doesn't mean a recession, but Americans have been worried one will happen this year. The new data shows how the ...
Eric Thayer/Bloomberg via Getty Images The U.S. GDP is expected to have grown at an annual rate of just 0.3% in the first quarter, a sharp slowdown from 2.4% in the previous quarter. If it ...
GDP stands for Gross Domestic Product, which is the total monetary value of goods and services produced within a country. GDP serves as a benchmark to gauge the economic performance of a country.
Journal Editorial Report: Can President Trump blame Joe Biden for a shrinking GDP? U.S. gross domestic product shrank by 0.3% in the first quarter of 2025, according to an April 30 report from the ...
On Wednesday, California Governor Gavin Newsom's office said that the GDP of the state had exceeded that of Japan, making it the fourth largest in the world after the U.S., China, and Germany.
The U.S. economy contracted in the first quarter as President Donald Trump's economic agenda took effect, according to new data released on Wednesday. The Commerce Department's Bureau of Economic ...