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 ...

The Conference Board said during a webinar this week that the 1.6% projected GDP growth rate is up slightly from the 1.2% growth rate the board predicted in April – when President Donald Trump ...

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