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 ...

Governments have used many indicators to help citizens and policymakers understand the state of their national economies for decades: unemployment, home sales, inflation, and industrial output are all ...

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 Gross Domestic Product, or GDP, is the total monetary or market value of all goods and services produced in a country within a specific time period. It is essentially a way to put a number on the ...

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 ...

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, ...

(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 ...

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 ...