New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in ...

NATO's new goals are a step in the right direction, but ensuring they're met will take vigilance on the part of the U.S. and ...

The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the ...

Gross domestic product, which captures all the goods and services produced in the economy, registered an annualized rate of -0.2% in the first quarter, according to the Commerce Department’s ...

A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the ...

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought ...

In his words, “In other major economies, consumers contribute 50 to 75% of gross domestic product; in China, 40%.” Ip is specific that the latter weighs on GDP, and it does, which very neatly ...