The gross domestic product (GDP) of a nation is an estimate of the total value of all the goods and services it produces during a specific period, usually a quarter or a year. Its greatest use is as a ...

GDP measures all final goods/services produced in a defined area, adjusted for inflation to show real growth. GDP growth rates, especially real GDP annually, are key indicators of economic activity ...

Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor ...

WHEN unveiling Britain's annual budget on March 19th George Osborne, the chancellor of the exchequer, crowed that the British economy was forecast to grow at an annualised rate of 2.7% in the first ...

I sometimes read assertions that the statistical methods used by the Commerce Department to calculate GDP no longer properly capture economic output because they don’t, for example, properly account ...

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In July of 2013, the U.S. gross domestic product will officially grow three percent, due to a few additions to the statistics that economists have been using to calculate GDP for years. From now on, ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. This is apropos of nothing in particular. I was over at the World Bank site fiddling ...