Learn what GDP is, its types like Nominal, Real, and PPP, and how it's calculated using production, expenditure, and income ...

GDP measures the total market value of all final goods and services produced in the country over a period of time and is one of the key indicators of how an economy is performing. Despite ...

Let's start with gross domestic product, or GDP, which measures the value of all final goods and services produced by labor and property in a well-defined geographical area. For example ...

In 2024, the last year of President Joe Biden’s term, U.S. economy grew by 2.8 percent. Here's how it's doing now.

Real gross domestic product decreased at an annual rate of 0.3% in the first quarter of 2025, the U.S. Bureau of Economic ...