Our data are now much more extensive than in 1934, when Simon Kuznets first estimated U.S. GDP. Our statisticians could—and ...

YoY for Q1 2025. Declining consumer spending & exports signal risks of recession. Click here to read more about the U.S. economy.

Gross domestic product, or GDP, is a measure of a country's economic output over a certain time period—usually a year. GDP is looked to as a primary indicator of a country's economic health.

Exports, which add to domestic production, could fall if the trade war continues and more countries respond with tariffs on ...

Economists use a pretty simple formula to calculate GDP, said Anne Villamil, an economics professor at the University of Iowa. “It is represented by C+I+G+NX,” she said. C stands for consumer ...