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 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 ...
With the Biden administration facing the prospect of a second consecutive quarter of negative economic growth, top officials in media appearances have started rejecting that as the traditional ...
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 U.S. economy went into reverse having its worst quarter since Covid. The U.S. Gross Domestic Product stood at an annualized rate of -0.3% in the first quarter, the Commerce Department said ...
The UK’s latest gross domestic product (GDP) figures are set to be released on Friday, providing yet another indication about the direction of the economy. At 7:00 a.m. tomorrow, the Office for ...
An editing battle over its "recession" entry prompted Wikipedia to put a temporarily lock on revisions to prevent new users from repeatedly... What is a recession? Wikipedia can't decide Wikipedia has ...
Forbes contributors publish independent expert analyses and insights. I am passionate about pensions, recessions, IRAs and retirement. Everyone is interested in a glimpse into the future, wondering ...
The White House recently laid out why two quarters of negative growth doesn't always signal a recession. Yet a growing number of voices has accused the administration of changing the definition of 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, ...