French president Nicolas Sarkozy drew heat last month when he suggested that countries should factor happiness into their statistics for growth. After all, Sarkozy campaigned on promises of wealth ...
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 ...
A series of comments from Trump officials in recent days raised concerns that the administration may try to look differently at a key economic measure of America's economic health: the quarterly ...
Consumer sentiment has fallen this month to its lowest level since 2022. The University of Michigan’s consumer sentiment survey in March fell 11% from February. The monthly survey is closely watched ...
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 ...
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 ...
Real Private GDP has been remarkably consistent from July 2009 at 2.84% annual growth despite multiple major events over the period including wars, the panic of Peak Oil, the COVID lockdown etc. GDP ...
Canada’s total GDP continues growing, but this national figure masks a much harsher reality for the average person. While ...