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

Gross domestic product, a measure of all the goods and services produced across the sprawling U.S. economy during the period, showed that the economy accelerated at a 2.3% annualized pace in the ...

Government spending also provided a boost, accelerating at a 3.2% level. Trade was a drag on growth in the period, with imports, which subtract from the GDP calculation, off 0.8%. Exports also ...

RBI is reportedly using machine learning tools to enhance its inflation forecasting, the bedrock of monetary policy decisions ...

big gaps Critics say recalculating GDP won't raise capacity to pay DAR ES SALAAM, Feb 3 (Reuters) - African countries plan a fresh push at international summits this year for standard measures of ...

Growth moved to an upward trajectory, averaging 7.4 per cent, during 2003-04 to 2010-11. However, post 2011-12, growth ...

GDP is also less cumbersome to compute as the required data are available within a domestic economy unlike GNP that involves inter-jurisdictional data gathering. There are three approaches to GDP ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...