For the first time, Limited Liability Partnerships (LLPs) will be included in GDP, addressing a long-standing gap in coverage ...

Commerce Secretary Howard Lutnick stated that governments have historically "messed" with GDP calculations, and added that he plans to separate the two and make the process more transparent. AFP ...

There's a little bit of confusion over India's GDP growth statistics at present. The country recently changed the way that it calculates this number and while there are, obviously, the usual teething ...

GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...

The State Environmental Protection Administration (SEPA) said on Monday that 10 municipalities and provinces, including Beijing, have started work to take environmental costs into account when ...

Services to share this page. When the Commerce Department reported this morning that the Gross Domestic Product rose 1.7% from April through June, the figure was 3% higher than expected — and that’s ...

If you ask an economics professor about what GDP is, they will tell you that it is the total value of all goods and services produced by a country at a given time. That’s a simple enough definition, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Gross Domestic Product (GDP) is a worthless number. The previous truth isn’t a defense of Donald Trump after the 0.3% Q1 GDP decline. Instead, it’s a defense of reason that requires the reasonable to ...

The U.S, Bureau of Economic Analysis released its third estimate for December quarter’s GDP growth, coming in at 6.9%. This was an increase from 2.3% in the September quarter but when the large impact ...