The gross domestic product (GDP) of a nation is an estimate of the total value of all the goods and services it produces during a specific period, usually a quarter or a year. Its greatest use is as a ...

Real gross domestic product is often a more accurate reflection of the output of an economy than nominal GDP. By eliminating ...

Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. Vikki Velasquez is a researcher and writer ...

This is an instructive story about the metrology of macroeconomic measurements. From the point of view of hard sciences, the economics profession does a great counterproductive work in order to hide ...

The Consumer Price Index for All Urban Consumers is a valuable tool for understanding how inflation affects the value of a dollar. Every month, the U.S. Bureau of Labor Statistics publishes a new CPI ...

WHEN unveiling Britain's annual budget on March 19th George Osborne, the chancellor of the exchequer, crowed that the British economy was forecast to grow at an annualised rate of 2.7% in the first ...

In today’s WSJ, Harvard University economics professor Martin Feldstein has an excellent op-ed (“The U.S. Underestimates Growth“) about a recent topic covered in a series of posts on CD — how “the ...

CPI tracks average price changes for goods and services, influencing economic policies. Monthly CPI reports display short-term price trends, essential for understanding market shifts. CPI affects ...

Poonkulali Thangavelu has worked 10+ years as a writer and editor covering investment, personal finance, and mortgage-related topics. Suzanne is a content marketer, writer, and fact-checker. She holds ...