Gross domestic product, or GDP, is one of the most common measures of the size and health of an economy. GDP represents the total amount of money a country earns from the goods and services it ...

Derek Scissors is a Research Fellow for Asia Economic Policy at The Heritage Foundation's Asian Studies Center. Scissors focuses on the Chinese economy as well as broader Asian economic trends and ...

The latest GDP numbers are in: The U.S. economy grew 2.9 percent in 2018. Expect plenty of articles picking through which factors contributed the most to GDP growth, why, and how long it can continue.

Financial markets might have been closed in North and South America and in Europe in observance of Good Friday, but somehow that did not keep the Bureau of Economic Analysis (BEA) from releasing its ...

The United States is the largest economy on the planet, which means we produce more goods and services than any other country. Last year, gross domestic product totaled $19.3 trillion, or $19,300 ...

With GDP living up to it's surprising potential, things have quickly gotten more serious for domestic bond markets. Before yesterday, econo-bears could hold out some hope that Q2 GDP might have ...

On June 25th the BEA quietly revised its measurement of GDP growth for the first quarter of 2010 down for the second time, this time to 2.7%. The newly revised growth estimate nearly matches the ...

What it means: The data confirm that the U.S. economy is not just slowing; it’s shrinking. Consumer spending saw its steepest fall since 1980, as more Americans kept their wallets closed in the face ...

The U.S. economy unexpectedly shrank in the fourth quarter, according to preliminary Commerce Dept. estimates released today, as a 15% decline in defense spending overshadowed strong increases in ...