Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of production.” ...

In the middle of the eighteenth century, the physician-turned-economist François Quesnay devised a quantitative model of the economy, among the first of its kind and a precursor to present-day GDP.

What’s the best way to gauge the health of the economy? Gross domestic product, a measurement that calculates the value of all goods and services produced, has long been a good way to take the ...

GDP measures total economic output within a country over a specific period. Investors use GDP to anticipate market shifts and adjust portfolios accordingly. Buying cyclical stocks during GDP growth ...

Q: What is the difference between GDP and GNP? A: GDP is the market value of everything produced within a country; GNP is the value of what’s produced by a country’s residents, no matter where they ...

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 and ...

We’ve long been led to believe that the best measure of an economy’s size and health is GDP—gross domestic product. It isn’t. It’s a very incomplete and, indeed, misleading picture of how an economy ...

There may be an explanation for why the U.S. economy has been remarkably resilient, growing briskly despite high inflation and interest rates. Maybe it isn’t so resilient after all. This week, the ...