GDP is a measure of flow, not a balance sheet of assets and liabilities. It measures new lumber, gasoline or steel cranked out, but is not adjusted for trees cut down, oil pumped or iron ore mined.

ToplineAs recession fears reverberate from Washington to Wall Street, Wednesday brought the most comprehensive yardstick yet ...

U.S. gross domestic product (GDP) shrank during the first quarter of 2025 as a surge of imports ahead of President Trump’s ...

Gross Domestic Product (GDP) is a worthless number. The previous truth isn’t a defense of Donald Trump after the 0.3% Q1 GDP ...

"GDP is backward-looking but there was some good news as real ... the contraction was largely a function of economic activity ...

The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.

"GDP is backward-looking but there was some good ... the contraction was largely a function of economic activity being pulled forward as importers, businesses and consumers rushed to get ahead ...