In reviewing economic developments at the start of the June post-monetary policy meeting press conference, Fed Chair Powell ...

Many economists agree that relying solely on GDP provides a narrow view of a nation’s overall well-being. The key question is ...

New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in ...

GDP was revised to -0.5% as consumption weakened and inflation edged higher, complicating Fed policy. See why markets are ...

Dr Akinwunmi Adesina, the outgoing president of the African Development Bank, AfDB, stirred the hornet’s nest when he said Nigeria’s GDP per capita was $1,847 in 1960 but $824 in 2025, implying that ...

Find out how GDP can help measure the health of a country’s economy Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives ...

The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, ...

GDP per capita, on the other hand, is what you get when you divide a country’s GDP by its total population. It is like dividing a household’s total income by the number of people in the household.

Consumer spending and exports fell slightly in the latest estimate, leading to a downward revision. Imports, which dragged ...

Victor Counted is a psychological scientist whose research across 40 African countries offers a data-rich rethinking of ...

The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the ...

The U.S. economy shrank at a faster pace in the beginning of the year than originally reported, as new economic data showed a ...