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 ...

But until 1991, the government used gross national product, or GNP, as its featured measure. Why did it switch? First, it can be hard to get the difference straight between GDP and GNP.

Gross Domestic Product (or GDP) is the market value of all final or finished goods and services produced within a country's borders during a specific time period. GDP is an indicator of a country ...

Real gross domestic product grew by an annual rate of 3% in the second quarter of 2025, according to the first estimate report released on July 30 by the Bureau of Economic Analysis. U.S. growth ...