Discover how Gross National Income (GNI) measures national wealth, its calculation, and real-world examples. Learn how GNI ...

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 transactions, so all the goods or services bought ...

Keynesian orthodoxy claims that cuts in government spending mean less “aggregate demand,” and less “aggregate demand” leads ...

Gross domestic product shrank for the second quarter in a row, a common, but unofficial, definition of a recession. Here’s what broader measures of the economy indicate.

The US economy shrank by 0.6% during the second quarter of the year, according to the latest gross domestic product estimate from the Bureau of Economic Analysis released Thursday.

The Biden administration's touting of Gross Domestic Income growth was challenged by newly revised figures that one expert says is more proof the country is in a recession.

Before the coronavirus pandemic and the economic recession it triggered happened, the New Orleans metro area saw its gross domestic product grow, alongside a statewide trend.

Gross domestic product, in an initial reading, fell 0.2 percent in the second quarter. President Biden said any troubles would be transitory.

The nation could already be in recession by one definition if report Thursday shows GDP fell for second straight quarter.

Japan’s latest economic data has calmed recession fears, showing a fifth straight quarter of growth despite the impact of U.S ...