GDP

Gross domestic product (GDP) is a measurement of the market value of all the final goods and services produced in a specific time period in time. GDP provides a detailed economic look at a country, used to estimate the growth of economy.

Source: bea.gov

Feb Retail Sales Drop As Consumers Curb Spending
Feb Retail Sales Drop As Consumers Curb Spending
April 01, 2019  |  Economy

Retail sales fell in February, as consumers curbed their spending and the stimulus from the tax cuts began to disappear. According to the Commerce Department’s...

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Lower-Income Households More Confident In Economy
Lower-Income Households More Confident In Economy
March 31, 2019  |  Economy

Consumer sentiment improved in March as Americans felt better about the economy and the potential to earn money. According to a report in The Wall Street...

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Fourth Quarter GDP Growth Revised Lower
Fourth Quarter GDP Growth Revised Lower
March 28, 2019  |  Economy

In spite of the $1.5 trillion tax cuts put into place at the end of 2017 by President Donald Trump, the economy slowed more than...

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Report: China’s GDP Hinges On Data Privacy
Report: China’s GDP Hinges On Data Privacy
March 22, 2019  |  Data

A new report on China stated that if the country doesn’t start to work on improving issues like data privacy and intellectual property protection, it...

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Study: Trade War Squandered $7.8B In GDP Last Year
Study: Trade War Squandered $7.8B In GDP Last Year
March 18, 2019  |  Economy

A new study by a group of economists found the trade war being waged by the White House has cost the economy in the U.S....

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Retail Data Points To Tough Sledding For US Economy — Or Vice Versa?
Retail Data Points To Tough Sledding For US Economy — Or Vice Versa?
March 14, 2019  |  Economy

GDP growth is slowing, and retail numbers show lumpiness. Amid wage growth, full employment, a Fed keeping rate boosts in check, are things as good...

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Dampening Earnings Outlook Signals US Corporate Recession?
Dampening Earnings Outlook Signals US Corporate Recession?
February 18, 2019  |  Earnings

A recession is generally defined as two consecutive quarters of negative growth. You may be, of course, familiar with the idea of an economy in recession,...

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Commerce Dept. To Report 4Q GDP Results On Feb. 28
Commerce Dept. To Report 4Q GDP Results On Feb. 28
February 07, 2019  |  Economy

The U.S. Commerce Department’s Bureau of Economic Analysis (BEA) will publish its advance fourth-quarter gross domestic product (GDP) report at the end of February. The...

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Gov’t Shutdown Costs Creep To $11B
Gov’t Shutdown Costs Creep To $11B
January 29, 2019  |  Economy

A new report says that the government shutdown has cost the country about $11 billion in gross domestic product — and will impact the United...

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