Discover how economic growth rate measures a nation's economic health over time using GDP, along with its formula and real-world examples for better understanding.

Gross domestic product, or GDP, is a measure of a country's economic output over a certain time period—usually a year. GDP is looked to as a primary indicator of a country's economic health. Put ...

Given the level of uncertainty with the economy, labor market, and inflation, some economists have started talking about the possibility of a recession or even “stagflation.” The economy has been in ...

China has abruptly delayed the publication of key economic data, one day before its scheduled release, as the ruling Communist Party gathers at a major political meeting against the backdrop of a ...

Joe Biden's National Economic Council Director Brian Deese told CNN Monday that America is not in a recession regardless of whether or not Thursday's upcoming economic report shows a second ...

For the first time since 2009, the U.S. gross domestic product was negative for two quarters in a row. After dropping 1.6% during the first quarter of 2022, the GDP fell another 0.9% in the second ...

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 ...