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Gross domestic product, or GDP, portrays US economy as remarkably resilient. But another measure - gross domestic income - revives recession fears.
Gross domestic income (GDI) is a measure of a nation's economic activity based on all income earned while producing goods and services.
Gross domestic product is a great measure of the economy, but it would be a gross exaggeration to say it’s the only one. The Bureau of Economic Analysis also puts out gross domestic income ...
But gross domestic product shrank at an annual rate of 1.6 percent in the first quarter of 2022 while gross domestic income rose at an annual rate of 1.8 percent. So either the economy was ...
The BEA also produces a statistic called gross domestic income, which adds up wages, profits and other income. Theoretically it should align with GDP, but it no longer does.
The US economy is flashing a worrying signal about the health of the consumer. The gap between growth of GDP and gross domestic income hasn't been this large since 2007, Macquarie said. "All this ...
The Biden administration's touting of Gross Domestic Income growth was challenged by newly revised figures that one expert says is more proof the country is in a recession.
Real gross domestic product (GDP) increased at an annual rate of 3.0% in the second quarter of 2024, according to the "second" estimate released by the U.S. Bureau of Economic Analysis (BEA) today.
When measured from the income side, the economy grew at an upwardly revised 0.2% rate in the first quarter. Gross domestic income (GDI) was initially estimated to have declined at a 0.2% pace.
Gross domestic product increased at an upwardly revised 3.1% annualized rate, the Commerce Department's Bureau of Economic Analysis said in its third estimate of third-quarter GDP on Thursday.
Gross domestic product and gross value added at current prices and price-adjusted Gross domestic product, gross national income, net national income (factor costs) since 1925 Gross national income, ...