No, argued Simon Kuznets, the Nobel economics laureate who helped create the measure now known as GDP. When the US Department of Commerce started publishing estimates of national output in the ...

Real GDP does take inflation into account so you can think of it as how much your paycheck is worth based on the current level of inflation. There’s also potential GDP, which is an estimate ...

The US economy is on the verge of an extremely rare ... investment also strengthened in the April-through-June period. The current health of the American economy shows that the Fed, with Jerome ...

The US economy contracted at a rate of 0.3% in the ... A period of stagnation now likely lies ahead if the current set of tariffs is maintained, with recession the most likely outcome if the ...

The U.S. economy went into reverse having its worst quarter since Covid. The U.S. Gross Domestic Product stood at an annualized rate of -0.3% in the first quarter, the Commerce Department said ...

The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies ...