A recent Wall Street Journal headline lamented a scenario in which “Europeans Don’t Spend, Auguring a Recession.” Are journalists the problem, or sub-editors writing the headlines, or might it be that ...
The US economy grew at a faster-than-expected pace during the second quarter of this year. Real gross domestic product increased at an annual rate of 2.95% in Q2 2024, according to the second estimate ...
GDP is the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...
While the U.S. Bureau of Economic Analysis (BEA) reported a robust 4.3% annual increase in third-quarter real gross domestic product (GDP) on Tuesday, economist David Rosenberg is calling the headline ...
Howard Lutnick, the U.S. Commerce Secretary, has expressed his intent to exclude government spending from the gross domestic ...
The BEA's third estimate of real gross domestic product showed economic growth increased at an annual rate of 3.8% in Q2 2025. The increase in real GDP in the second quarter primarily reflected a ...
The U.S. economy shifted into a higher gear in the third quarter, with output expanding at its fastest pace in years even as borrowing costs stayed elevated. Real gross domestic product rose at a 4.3 ...
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GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...