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 ...

Here’s a set of definitions for common and emerging economic and fiscal terms often seen bandied about in news reports.

Consumption is an always effect of what actually matters: production. It’s a reminder that while “supply siders” are increasingly ridiculous, “supply-side economics” is a statement of the obvious: the ...

Consumption is an always effect of what actually matters: production. It’s a reminder that while “supply siders” are increasingly ridiculous, “supply-side economics” is a statement of the obvious: the ...

The “K-shaped economy” describes how wealthy Americans enjoy rising incomes and wealth while lower-income households struggle ...

WASHINGTON -- The U.S. economy expanded significantly to kick off the second half of the year, marking a dramatic reversal from the contraction experienced over the first six months, government data ...

The White House recently laid out why two quarters of negative growth doesn't always signal a recession. Yet a growing number of voices has accused the administration of changing the definition of a ...

Drilling machinery in the Permian Basin in Midland, Texas. The Midland metro area posted an incredible 60.1% growth in GDP for all industries from 2015 to 2020. In a recent Forbes article, we analyzed ...

With the Biden administration facing the prospect of a second consecutive quarter of negative economic growth, top officials in media appearances have started rejecting that as the traditional ...