Gross Domestic Product (GDP) measures the quantum of economic activities in a country, in monetary terms, over a period of time usually one year. Real GDP eliminates the impact of inflation by ...

A recent Wall Street Journal headline lamented a scenario in which “Europeans Don’t Spend, Auguring a Recession.” Are journalists the problem, or sub-editors writing the headlines, or might it be that ...

Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. The real value of an item is its nominal ...

How do you get from Nominal GDP to Real GDP? You subtract inflation. The Bureau of Economic Analysis (BEA) uses its own GDP deflator for this purpose, which is somewhat different from the BEA's ...

The U.S. economy grew slower than expected during the third quarter of this year. Real gross domestic product increased at an annual rate of 2.8% in Q3 2024, according to the advance estimate. The ...

Real gross domestic product increased at an annual rate of 3.1% in Q3 2024, according to the third estimate. The latest estimate is above the forecasted 2.8% growth and is below the Q2 2024 GDP final ...