The current political discussion about tariffs has led to confusion about imports and GDP. Business leaders assessing the ...

The author and editors take ultimate responsibility for the content. Gross Domestic Product, or GDP, is a measurement of economic output. It’s the total value of all the finished goods and ...

Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output ...

Two consecutive quarters of negative real gross domestic product (GDP), which is the total value of goods and services in the country over a certain time period, is often considered a recession.

Houston’s GDP growth outpaced the nation’s two largest metropolitan areas, New York and Los Angeles, which saw two-year ...

Real U.S. Gross Domestic Product in the fourth quarter 2024 rose at an annual rate of 2.3%, according to the Commerce Department's Bureau of Economic analysis second estimate Thursday.

Economics is no different. Economists use many acronyms. One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers, on the television news, and in reports ...

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic ...