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

The Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years

The Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years
The Big U.S. GDP Crash Reverses Economic Growth Of Last 11 Years
July 30, 2020  |  Economy

“Worst quarter ever.” It sounds like a bit of hyperbole, but that’s an accurate description of the quarter that started in March and ended in June...

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US GDP Falls By A Record 32.9 Pct
US GDP Falls By A Record 32.9 Pct
July 30, 2020  |  Economy

There was more bad news Thursday (July 30) as the U.S. economy experienced its worst hit since the Great Depression in the second quarter (Q2)...

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Retail Recovery Veils Serious Headwinds
Retail Recovery Veils Serious Headwinds
July 17, 2020  |  Retail

Despite some positive key performance indicators delivered this week, the U.S. retail and economic recovery is still facing serious headwinds. Get the Full Story Complete...

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Goldman Sachs Drops GDP Estimate; Expects Lower Growth This Quarter
Goldman Sachs Drops GDP Estimate; Expects Lower Growth This Quarter
July 06, 2020  |  Economy

Goldman Sachs economists have revised their forecast for 2020’s economy downwards, but still think things could be back on track by around September, Bloomberg reports....

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CBO: US GDP Will Grow 12 Pct In 2020
CBO: US GDP Will Grow 12 Pct In 2020
July 02, 2020  |  Economy

For the Congressional Budget Office (CBO), the glass is half full. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Goldman Sachs: Face Mask Mandate Would Cut Infections, Help Economy 
Goldman Sachs: Face Mask Mandate Would Cut Infections, Help Economy 
June 30, 2020  |  Economy

Goldman Sachs has an idea for Capitol Hill to cut the daily growth rate of COVID-19 cases and help the economy: mandatory face masks. Get...

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US Household Net Worth Drops Record 6.5 Pct In Q1
US Household Net Worth Drops Record 6.5 Pct In Q1
June 14, 2020  |  Economy

Stimulus payments to taxpayers totaling $267 billion was not enough to avoid a decline in household net worth in the first quarter on 2020, the...

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Fed Expects 6.5 Pct Drop In GDP This Year
Fed Expects 6.5 Pct Drop In GDP This Year
June 10, 2020  |  Economy

The Federal Reserve Board and the Federal Open Market Committee (FOMC) have released economic projections for the next few years, showing that the gross domestic...

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