Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...

GDP grew at an annualized rate of 1.4% in the fourth quarter, down from 4.4% in the third quarter. The report was originally scheduled for Jan. 29, but was released at 8:30 a.m. ET Friday because of ...

Is GDP a useful measure? You would think so. News bulletins still solemnly report the latest infinitesimal adjustments to the previous quarter's growth figures, as if tiny tweaks to provisional ...

GDP growth is up. Time to celebrate! Then GDP growth is down again. Time to panic? These gyrations aren’t uncommon, and we have just been through one. A few weeks ago, President Biden boasted about ...

The chorus decrying the shortcomings of Gross Domestic Product (GDP) as a measure of economic well-being has been rising, crescendoing recently with the release of the report by Nobel Laureates Joseph ...

Entrepreneur and presidential candidate Andrew Yang spoke at MSNBC's climate change forum Thursday about how he would change how the GDP is measured to include measurements of health, life expectancy, ...

When the economy recovers, will we be able to accurately measure its health? Not by monitoring the GDP, says Eric Zencey, a professor of historical and political studies at Empire State College, ...