Official figures showed higher spending on public services, while national debt hit levels last seen in the early 1960s.

GDP looks at production that happens within U.S. borders — no matter who does it — emphasis on the where. David Wasshausen of the BEA has a couple examples.

Official figures showed higher spending on public services, while national debt hit levels last seen in the early 1960s.

Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality ...

Environmentally harmful subsidies currently stand at no less than $2.6 trillion per year, $800 billion higher than 2022 estimates and equivalent to 2.5% of global gross domestic product (GDP), ...

The state debt of the United Kingdom is as big as the country's gross domestic product for the first time since the 1960s. Britain's government has warned that tough decisions need to be made.

In the June 2024 quarter, compared with the March 2024 quarter: • GDP fell 0.2 percent • expenditure on GDP was flat, at 0.0 percent • GDP per capita fell 0.5 percent • real gross national disposable ...

The United Arab Emirates' economy grew 3.4% in the first quarter of 2024 compared with the same period the previous year, ...

With half a decade of geopolitical chaos, recession in Europe, and above-target inflation, the US economy has remained ...

New Zealand’s economy contracted in the second quarter as activity fell in a number of major industries, keeping the central ...

The Japanese economy grew almost as fast as initially estimated in the April-June quarter thanks to a spending recovery, ...

The MSCI ACWI rose 2.23% during the quarter on the prospect of policy rate cuts in late 2024 and continued optimism around ...