A data point used by the Biden administration as evidence the country is not in a recession was revised this week in the latest batch of economic data released by the Commerce Department. And one ...

While fears about the economic chaos caused by tariffs are real, the underlying economic data in America remain strong. By Justin Wolfers With prices still high, the Trump administration is heeding ...

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.” ...

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 ...