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 and ...

It is a tenet of Donald Trump’s economic philosophy that trade deficits are bad for growth. It can also seem like a cornerstone of GDP releases. On April 30th the Bureau of Economic Analysis said that ...

The nation's gross domestic product — the broadest measure of economic activity — grew at an annual rate of 3% in April, May and June, according to a report Wednesday from the Commerce Department.

The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...

With 50 states in the Union and 100 percent to go around, the average state’s contribution to U.S. GDP would technically be two percent. While a lot of states are in that percentage range, there are ...

The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK economic output was bigger on the eve of the last general election than was previously estimated, according ...

The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...