There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought and ...

Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of production.” ...

When it is growing, especially if inflation is not a problem, workers and businesses are generally better off than when it is not Many professions commonly use abbreviations. To doctors, accountants, ...

Candidates in the upcoming federal election are focused on lowering taxes and increasing public spending. By Melissa Eddy In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging ...

In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets. By Daisuke Wakabayashi and Claire Fu A short lapse in funding ...