As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of ...

A tweak to the model for GDPNow addresses concern that researchers’ current system may be painting too grim a picture.

Imports, which are a subtraction in the calculation of GDP, decreased. Real gross domestic product (GDP) measures how fast or slowly the economy is growing and measures the inflation-adjusted ...

to see how one country's GDP measures up in "international dollars." The calculation of PPP adjusts for differences in local prices and costs of living to make cross-country comparisons of real ...

Deflators present their own difficulties. The more precise the deflator, the more accurate the real GDP calculation. But there is a sizable drawback. The more precise the deflator, the more ...

“The nominal number doesn’t really calculate growth ... Economists, investors and business leaders all watch the real GDP releases closely and use it as one factor in decisions about their ...