There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's ...

Any policy implications will be left to the reader. GDP is an estimate of the value of the goods and services produced in the ...

Welfare measurement is among the most fundamental questions in economics. Policymakers and others use gross domestic product ...

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.

Trump administration officials have suggested they may try to look differently at a key economic measure of America's economic health: the quarterly GDP.

GDP helps measure economic health and growth. Put together, GDP is the total market value of all the goods and services produced within a country’s borders during a year. GDP is a crucial ...

Exports, which add to domestic production, could fall if the trade war continues and more countries respond with tariffs on ...

That prompted Trump adviser Elon Musk to muse on Friday that a “more accurate measure of GDP would exclude government spending,” on X, the platform he owns. Over the weekend, Commerce ...

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... Can we just change how we measure GDP?

GDP is an estimate of the value of the goods and services produced in the United States. It is not a comprehensive measure of well-being, nor is it the only critical indicator of the economy.

“They count government spending as part of GDP. So I’m going to separate those two and make it transparent.” Doing so could potentially complicate or distort a fundamental measure of the U ...