There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's ...

Consumer sentiment has fallen this month to its lowest level since 2022. The University of Michigan’s consumer sentiment survey in March fell 11% from February. The monthly survey is closely watched ...

In a new study, researchers developed a framework to measure the welfare contributions of new and free goods and services and quantify their benefits. By applying the framework to several examples (e.

Here's how economists identify a recession, and where the U.S. economy currently stands amid market turmoil caused by tariff ...

As GDP estimates the value of production in the US, imports are neither added nor subtracted conceptually. Everyone agrees ...