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 ...

The Gross Domestic Product, or GDP, is the total monetary or market value of all goods and services produced in a country within a specific time period. It is essentially a way to put a number on the ...

Wikipedia has frozen edits to its page for "recession," halting a frenzy of changes to the entry after the Biden administration insisted that the U.S. economy has not entered a economic downturn. New ...

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 ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The White House Council of Economic Advisers said on July 21 that even if Friday's advance estimate of the country's GDP is negative, it's still "unlikely" to be indicative that the country is in a ...

The Bureau of Economic Analysis released the latest U.S. gross domestic product data on April 30. In the first three months of 2025, it said, GDP contracted by 0.3%. The GDP growth rate captures the ...

Canada's economy grew in the first three months of the year, but the threat of U.S. President Donald Trump's tariffs and the developing trade war may have led businesses to boost production ahead of ...

America’s GDP fell at a 0.9% annualized rate in the second quarter, a preliminary estimate from the Bureau of Economic Analysis showed Thursday morning. The report marks the second straight quarter of ...