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

As GDP Growth Decelerates, All Eyes Are on Consumer Spending

As GDP Growth Decelerates, All Eyes Are on Consumer Spending
As GDP Growth Decelerates, All Eyes Are on Consumer Spending
February 28, 2024  |  Economy

The latest readings of gross domestic product (GDP) have been revised down — at least a bit. Get the Full Story Complete the form to...

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GDP Increased 3.1% in 2023 as Consumers Kept Spending
GDP Increased 3.1% in 2023 as Consumers Kept Spending
January 25, 2024  |  Economy

America’s economy grew 3.1% in 2023 amid continued consumer spending on vehicles and electronics. Get the Full Story Complete the form to unlock this article...

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Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
Q3 GDP Is Strong but Real Disposable Income Lags Spending Growth
November 29, 2023  |  Economy

The latest report from the Bureau of Economic Analysis, released on Wednesday (Nov. 29), noted the U.S. economy grew 5.2% annualized, as measured in the...

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Summer Spending Surge Fuels 4.9% Jump in GDP
Summer Spending Surge Fuels 4.9% Jump in GDP
October 26, 2023  |  Economy

Strong consumer spending this summer helped drive economic growth in the U.S. Get the Full Story Complete the form to unlock this article and enjoy...

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Goldman Sachs: AI’s GDP Impact Could Be Bigger Than Electricity
Goldman Sachs: AI’s GDP Impact Could Be Bigger Than Electricity
August 03, 2023  |  Artificial Intelligence

Could the impact of artificial intelligence (AI) on the economy eclipse that of electricity? Get the Full Story Complete the form to unlock this article...

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US Personal Income Rises as Consumer Spending Slows
US Personal Income Rises as Consumer Spending Slows
June 30, 2023  |  Consumer Finance

Consumer spending continued to drop in May as U.S. households curtailed spending and boosted their savings. Get the Full Story Complete the form to unlock...

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Consumer Sentiment Predicts Prolonged Economic Turbulence
Consumer Sentiment Predicts Prolonged Economic Turbulence
April 30, 2023  |  Consumer Insights

Government data confirms what consumers already know: Market and Main Street stabilization may be further off than previously thought. Get the Full Story Complete the...

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‘Downward Revisions’ to Consumer Spending, Jobless Claims Cloud  Merchants’ Outlook
‘Downward Revisions’ to Consumer Spending, Jobless Claims Cloud Merchants’ Outlook
March 30, 2023  |  Economy

Economic data can be a work in progress — refined, revised and re-presented to better understand where things stand. Get the Full Story Complete the...

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