Gross domestic product, or GDP, represents the total value of all goods and services produced within a country during one year. Depending on the report, one year can be either one fiscal year or one ...
Between the backlogged orders from Christmas, ongoing high demand, and an improving flow of products from around the world, goods flooded into the United States in the first three months of this year ...
When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S. had ...
The latest data from the Department of Commerce show that the economy, as measured by gross domestic product (GDP), grew 2.6% from July through September, at an annualized rate. After two consecutive ...
The economic measurement known as gross domestic product has been called one of the great inventions of the 20th century. Vital for understanding a nation’s economy, GDP is defined as the market value ...
Analysts are increasingly skeptical that China's very high reported GDP growth rate provides a meaningful picture of the economy's health. There are, however, at least three very different ways that ...
GDP is an historical artifact from an industrial economy that doesn’t really serve its purpose anymore, at least in the US. GDP worked well in the post-World War II era when the US economy thrived by ...
A blockbuster third-quarter GDP report may make the Federal Reserve weary of cutting interest rates, but it does not move the needle for the November FOMC meeting, which is certainly a skip, said ...
Pity the GDP - the Gross Domestic Product. It is one of the hardest working statistics in government policy today, a single number that sums up the entirety of a country's productive capabilities. It ...
U.S House Representative Ilhan Omar (D-MN) recently introduced a bill in Congress to overhaul GDP, the nation’s most watched economic indicator. July 30 th she introduced the Genuine Progress ...
Forbes contributors publish independent expert analyses and insights. I use analytics to explain big trends in business and culture. Dr. Andrew S. Nevin is one of the world’s most influential ...
The media and defence commentariat should stop obsessing about a pointless GDP percentage and instead focus on our real defence needs and how to meet them.