What is GDP? A simple way to define Gross Domestic Product is to break down the three words making up the term: Gross is the total market value of how much goods and services cost in the marketplace.

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought ...

New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years. A portion of Highway 85 in southern Colorado has been closed ...

While there are Keynesian (majority) and supply-side (minority) economists, both religions pay lip service to Gross Domestic Product (GDP).

GDP accounts for all goods and services produced within the country’s borders. But until 1991, the government used gross national product, or GNP, as its featured measure. Why did it switch?

U.S. economic gross domestic product declined for the first three months of 2025 as imports surged amid Trump administration tariffs, but White House trade adviser Peter Navarro brushed off any ...

U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product (GDP) report, but gave no indication how soon this change might happen ...

The net interest on the U.S. Federal Debt is roughly 3 percent of Gross Domestic Product (GDP), amounting to $882 billion. What does this percentage and the absolute number mean? If they were to ...

Back to Basics Compilation | Finance & Development | PDF version I. The Big Picture Gross Domestic Product: An Economy’s All When it is growing, especially if inflation is not a problem, workers and ...

Real gross domestic product (GDP) was down 0.2% in February, partly offsetting January's 0.4% increase. After driving growth in January, goods-producing industries (-0.6%) drove the decline in ...

U.S. economic gross domestic product declined for the first three months of 2025 as imports surged amid Trump administration tariffs, but White House trade adviser Peter Navarro brushed off any ...