AI added $160 billion to the US economy, but only $45 billion appears in GDP because of how growth is measured.

Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of production.” ...

A rtificial intelligence (AI) has been hyped to the skies as the “ fourth industrial revolution ” and the thing that will ...

The economy expanded at a 3.3% annual pace between April and June as GDP rebounded from a sharp slowdown in the first quarter.

In the public realm, the establishment financial press, such as the Wall Street Journal, regularly ran headlines of the ...

There may be an explanation for why the U.S. economy has been remarkably resilient, growing briskly despite high inflation and interest rates. Maybe it isn’t so resilient after all. This week, the ...

Figures show that real Gross Domestic Product (GDP) fell by 0.9% in the three months to June, following a 0.9% increase in ...

As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of goods and services produced within a country’s borders in a specific period of ...

In the middle of the eighteenth century, the physician-turned-economist François Quesnay devised a quantitative model of the economy, among the first of its kind and a precursor to present-day GDP.