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 ...

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.

Measured as a percentage of gross domestic product (GDP) at current prices, the deficit ratio was 2.8% in 2024 (2023: 2.5%). According to the Treaty establishing the European Community, the member ...