While imperfect, the metric carries major real-world implications, experts said. The threat of a looming recession has heightened interest in the most commonly used measure of economic health: Gross ...
As we wait for the second-quarter GDP numbers to come out at the end of this week, the White House is already playing cleanup by letting the public know that the definition of "recession" is fluid and ...
The White House Council of Economic Advisers said on July 21 that even if Friday's advance estimate of the country's GDP is negative, it's still "unlikely" to be indicative that the country is in a ...
Twelve years ago today my ENT called saying a pathologist confirmed I had a squamous cell carcinoma. Days later my oncologist gave me a 45% chance of surviving five years. And yet I am still here, ...
Just yesterday, Federal Reserve Chairman Jerome Powell said the U.S. economy is not in a recession, at least not right now. He acknowledged that preliminary gross domestic product numbers would be ...
(Bloomberg) -- What’s the single best way to measure the health of a country’s economy? For most experts, there is little debate that gross domestic product, a quarterly tally of all the goods and ...
What once seemed improbable became possible when the Spanish economy produced higher GDP per capita, a metric closely linked to living standards, than the G7 member Japan, according to IMF data. This, ...