The Commerce Department’s Bureau of Economic Analysis last week released its “advance estimate” of U.S. Gross Domestic Product for the first quarter of 2025. GDP measures the total market value of all ...
At its core, GDP is a simple accounting identity. The Bureau of Economic Analysis defines it as the sum of consumption (C), investment (I), government spending (G), and net exports (NX). The formula ...
Economists use a variety of tools and data to predict how well or poorly the economy will do in the near-term. Experts can analyze figures like the gross domestic product (GDP), unemployment rates, ...
A new report shows that despite popular belief that an AI crash will tank the economy, regular consumers are much more crucial for GDP growth.