Along with today’s release of the preliminary estimate of second quarter GDP, we have a new definition of GDP involving the recognition of R&D as investment. Until a few years back, only expenditures ...
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 ...
Editor’s Note: On Making Sen$e this week, we’ve been publishing Paul Solman’s never-aired conversation with economic historian Gregory Clark about his 2007 book ...
Is ‘sustained’ economic growth compatible with ‘sustainable’ economic growth? Architects of the United Nations Sustainable Development Goals (SDGs) clearly thought so — both sustained and sustainable ...
For the first time since 2009, the U.S. gross domestic product was negative for two quarters in a row. After dropping 1.6% during the first quarter of 2022, the GDP fell another 0.9% in the second ...