The nation's gross domestic product — the total value of products and services — shrank at a 0.3% annual rate, down from growth of 2.4% in the final three months of 2024, the Commerce ...

Economics is no different. Economists use many acronyms. One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers, on the television news, and in reports ...

In 2024, the last year of President Joe Biden’s term, U.S. economy grew by 2.8 percent. Here's how it's doing now.

This metric measures the three-year compound annual growth rate of real gross domestic product by state, which has been adjusted for inflation to allow for comparison. Data comes from the Bureau ...

Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...