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.” ...
House Democratic Leader Nancy Pelosi says the Republican tax plans will be a “job-killer,” but most economic analyses of the plans suggest, on balance, modest job growth. The president revises history ...
The U.S. economy shrank in the first quarter, but the underlying data show trends under the hood that should dampen recession fears. “Real GDP slipped in the first quarter, and while a decline during ...
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