GDP

Gross domestic product (GDP) is a measurement of the market value of all the final goods and services produced in a specific time period in time. GDP provides a detailed economic look at a country, used to estimate the growth of economy.

Source: bea.gov

IMF Says Tariffs Could Drive Up Global Public Debt
IMF Says Tariffs Could Drive Up Global Public Debt
April 23, 2025  |  Economy

The International Monetary Fund (IMF) said Wednesday (April 23) that the world’s governments should not let their support for those impacted by tariffs add to their...

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Cheer Up America, You Get Some of the Most Happy Awards, Too
Cheer Up America, You Get Some of the Most Happy Awards, Too
April 11, 2025  |  Opinion

The World Happiness Report was released on March 20, which, in case you didn’t know, was the UN’s International Day of Happiness.  The big reveal...

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Consumers Keep Spending in Q4, But Savings Take a Hit
Consumers Keep Spending in Q4, But Savings Take a Hit
January 30, 2025  |  Consumer Insights

The latest data on fourth quarter gross domestic product indicates a general “headline number” slowdown. But underneath the hood, consumer spending is the engine pulling...

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Consumer Spending Lifts Q3 GDP, but Savings Rates Are Pressured
Consumer Spending Lifts Q3 GDP, but Savings Rates Are Pressured
December 19, 2024  |  Economy

In the latest and final revision of how the economy fared in the third quarter — through the growth in gross domestic product — the...

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Latest GDP Data Indicates Continuing Pressures on Disposable Income
Latest GDP Data Indicates Continuing Pressures on Disposable Income
November 27, 2024  |  Economy

The Bureau of Economic Analysis confirmed Wednesday (Nov. 27) that third-quarter GDP grew at a 2.8% rate, unchanged from a previous estimate. However, there are...

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Trending: Consumer Spending Drives Q3 GDP Despite Disposable Income Pressure
Trending: Consumer Spending Drives Q3 GDP Despite Disposable Income Pressure
October 30, 2024  |  Consumer Finance

It’s a truism that as the U.S. consumer goes, so goes the economy. And consumers are still opening their wallets and purses, tapping to pay,...

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Retailers Face an Uncertain Holiday Season as Consumer Spending Slows
Retailers Face an Uncertain Holiday Season as Consumer Spending Slows
September 27, 2024  |  Economy

Consumers pulled back a bit on their spending increases in August, notching the slowest growth since the beginning of the year. The latest data from...

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Stronger Q2 Data and Falling Jobless Claims May Offset Consumer Confidence Decline
Stronger Q2 Data and Falling Jobless Claims May Offset Consumer Confidence Decline
September 26, 2024  |  Economy

The latest revision to second-quarter GDP data is the third and final one. According to the newest data from the Bureau of Economic Analysis, real...

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Consumer Spending and Private Inventory Investment Lift GDP 3%
Consumer Spending and Private Inventory Investment Lift GDP 3%
August 29, 2024  |  Economy

Consumer spending and private inventory investment are driving an increase in real gross domestic product (GDP), the Bureau of Economic Analysis (BEA) said Thursday (Aug....

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