The U.S. economy surged between April and June after shrinking in the first three months of the year, driven by a large shift in imports tied to President Trump's trade policies. The country's GDP ...
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 ...
The nation's gross domestic product — the broadest measure of economic activity — grew at an annual rate of 3% in April, May and June, according to a report Wednesday from the Commerce Department.
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 ...
The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...
The economy grew at a 3.8% annual rate in the second quarter of this year, an upward revision of five-tenths of a percentage point, the Bureau of Economic Analysis reported Thursday morning. The ...
The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect. The Commerce Department's Bureau of Economic Analysis (BEA) released ...
President Donald Trump’s aggressive tariff plan was largely expected to impact the US economy’s first-quarter performance as companies loaded up on imported goods ahead of higher levies. But what few ...