A country’s debt-to-GDP ratio is a metric that expresses how leveraged a country is by comparing its public debt to its annual economic output. Just like people and businesses, countries often need to ...
Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.
When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S. had ...
As we wait for the second-quarter GDP numbers to come out at the end of this week, the White House is already playing cleanup by letting the public know that the definition of "recession" is fluid and ...
But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...