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.

The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump administration's aggressive ...

Bhutan’s development thinkers made a passionate call to redefine progress, not in terms of income or infrastructure, but as a deeply personal and collective journey toward peace, balance, and ...

YouTube says that its creative ecosystem contributed over $55 billion to the U.S. GDP and supported more than 490,000 full-time jobs, according to research by Oxford Economics.

OTTAWA—Canada’s economy picked up the pace of growth in the first three months of the year as businesses braced for the disruption of a bruising trade war with the U.S., though domestic ...

The economy contracted at a 0.2% annual rate in the first quarter of 2025, the Bureau of Economic Analysis said Thursday in a revision to its estimate of GDP.

But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...

The Economy Reckoning with GDP: Accounting Versus Economics Workers on an assembly line at an Ariens factory in Brillion, Wisc., March 5, 2025. (Tim Aeppel/Reuters) ...

The Secretary-General has today appointed an independent High-Level Expert Group to develop recommendations for measures that complement or go beyond Gross Domestic Product (GDP). The appointment ...

All will add to GDP. Do these limitations mean that GDP is useless? No, not at all. It remains vital information. But again, it must be taken in context with other data. Now understand what is ...

Relying on GDP, inflation or unemployment is an inadequate way to monitor the health of the economy.

The U.S. economy shrank at the start of this year, as trade turmoil began to hit, prompting businesses to stock up on goods from overseas. GDP data for the first three months of 2025 showed a ...