Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year. Real GDP is expressed in base-year prices.
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit in goods.
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening ...
Real GDP is calculated as nominal GDP less inflation. What Is the Real GDP Growth Rate? The annualized real GDP growth rate for the United States in the third quarter of 2024 was 3.1%. Nominal GDP ...
Gross domestic product, a measure of all the goods and services produced across the sprawling U.S. economy during the period, ...
The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory ...
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy. The US economy grew 2.5% over ...
When adjusted for inflation, China continued to expand at a faster pace, with real GDP rising 5% — compared with 2.8% for the U.S. But nominal figures are often viewed as more relevant for ...
The PIIE says Trump’s threatened tariffs projected to damage economies of US, Canada, Mexico ... shows that the imposition of tariffs would slow growth and accelerate inflation in all three countries.
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, ...
Consumer spending, which comprises the largest share of economic activity, surged in the December quarter, led by a pickup in motor vehicle sales.