Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of production.” ...
Discover how the GNP Deflator measures inflation's impact on GNP, how it's calculated, and why it's vital for economic analysis.
There may be an explanation for why the U.S. economy has been remarkably resilient, growing briskly despite high inflation and interest rates. Maybe it isn’t so resilient after all. This week, the ...
Consumption is an always effect of what actually matters: production. It’s a reminder that while “supply siders” are increasingly ridiculous, “supply-side economics” is a statement of the obvious: the ...
The US economy cooled more than expected in the first quarter of the year, but remained healthy by historical standards. Economic growth has slowed steadily over the past 12 months, which bodes well ...
Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. Wooden blocks with the word GDP and up and down arrows. An ...
A sharp GDP contraction in the second quarter was driven by plunging exports, but resilient consumer spending and housing complicate the picture — and economists are split on what it means for the ...