Macroeconomics studies an overall economy or market system, its behaviors, the factors that drive it, and how to improve its performance.
There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought and ...
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 US economy shrank by 0.6% during the second quarter of the year, according to the latest gross domestic product estimate from the Bureau of Economic Analysis released Thursday. That matches the ...
A key report Thursday could reveal that the nation’s economic output declined for a second straight month, meeting the informal criteria for a recession. After dropping at an annual rate of 1.6% in ...
WASHINGTON, July 21 (Reuters) - Between the backlogged orders from Christmas, ongoing high demand, and an improving flow of products from around the world, goods flooded into the United States in the ...
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