Discover how base-year analysis measures economic changes, eliminates inflation effects, and aids in financial growth ...

An economic derivative is a financial contract where payouts depend on future economic indicators. It helps manage risk and speculate on economic forecasts.

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 ...

As we wait for the second-quarter GDP numbers to come out at the end of this week, the White House is already playing cleanup by letting the public know that the definition of "recession" is fluid and ...

When it is growing, especially if inflation is not a problem, workers and businesses are generally better off than when it is not Many professions commonly use abbreviations. To doctors, accountants, ...

But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...

America’s GDP fell at a 0.9% annualized rate in the second quarter, a preliminary estimate from the Bureau of Economic Analysis showed Thursday morning. The report marks the second straight quarter of ...

The White House recently laid out why two quarters of negative growth doesn't always signal a recession. Yet a growing number of voices has accused the administration of changing the definition of a ...

Twelve years ago today my ENT called saying a pathologist confirmed I had a squamous cell carcinoma. Days later my oncologist gave me a 45% chance of surviving five years. And yet I am still here, ...