Learn how GDP measures U.S. economic growth and its role in policy and budget planning by the Bureau of Economic Analysis.

For many years now, the GDP has been severely criticized as not adequately measuring economic progress and the quality of life. The truth, however, is that the GDP was not designed to measure human ...

The Commerce Department said Wednesday that U.S. gross domestic product, the broadest measure of economic output, expanded at a robust annual rate of 2.8% in the third quarter. The latest GDP increase ...

U.S. economic growth has defied forecasts, even with elevated interest rates, trade disruptions, and a cooling labor market.

In a world captivated by numbers, only a few other figures may command as much reverence as the Gross Domestic Product (GDP). Governments parade it, media drum-beat it, citizens drink it in like a ...

Elon Musk sparked discussion among economists, investors, and tech observers after sharing a prediction about the U.S.

A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s massive policy shifts. But the latest numbers ...

Discover how base-year analysis measures economic changes, eliminates inflation effects, and aids in financial growth comparisons, including GDP examples.

Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy. The US economy grew 2.5% over the ...

India's new national accounts will leverage new data sources and surveys to enhance the measurement of the country's informal ...

India plans to enhance its economic measurement with a new system leveraging real-time tax data. Set for release in 2026, the revised GDP framework will include back-series data and improved methods ...

Alabama’s economic output grew slightly in 2023, but a handful of the small counties in the state’s poorest region led the way in economic gains. Perry and Hale counties, both in Alabama’s Black Belt ...