Discover how base-year analysis measures economic changes, eliminates inflation effects, and aids in financial growth ...

Learn to use the rule of 70 to estimate how long it takes for a country’s GDP to double, aiding in understanding economic growth and investment potential.

We've spent the past several days reiterating and lamenting the onset of the holiday trading doldrums--a time of year that ...

The history of GDP is interesting, but the important part for people today is what the number means. GDP measures the total ...

The U.S. economy, since 2009, has experienced puzzling behavior. Labor markets, corporate profits, the stock market and company as well as individual balance sheets have turned in strong performances.

Why does economic growth matter? The answer for economists is that it measures an important component of social progress—namely, economic welfare, or how much benefit members of society get from the ...

Gross domestic product (GDP), which measures the total output of goods and services in an economy, has flaws when used to gauge the well-being of a nation’s residents. For example, to the question of ...