The Latest Breaking News from GDP

Strong GDP figures and growth is disguising what’s really happening: a shift to an economy where workers get less and less of their fair share

WASHINGTON — The term “unexplained” doesn’t appear too often in official government documents, unless they are dealing with possible paranormal events, like UFOs. Yet the reference is sprinkled throughout the Congressional Budget Office’s latest budget and economic outlook to describe the recent strength in federal tax receipts that’s blown away…

Russia's invasion of Ukraine proved determinantal to the smaller nation, with the World Bank estimating a 45% contraction in Ukraine's GDP in 2022. The aggressor also had to pay a price, as evidenced by a slowdown in growth.

Much attention was focused on how the draft of the government's economic and fiscal reform policy would refer to an increase in defense spending. Released Tuesday, the draft of the Basic Policy on Economic and Fiscal Management and Reform ultimately did not specify the range of increase, but did refer…

Analysis: The CBO’s latest budget and economic outlook, which describes recent strength in federal tax receipts, is a head-scratcher.

More than 200 projects were launched in 74 countries to support the export of Saudi national products, revealed a recent report that monitored the level of achievements of the Kingdom's Vision 2030 in 2021. The projects come within the framework of supporting Saudi products’ access to international markets, the report…

GDP figures show annual rate of growth in the Australian economy declined from 4.2% in December quarter to 3.3% in first three months of 2022

Australia's economic growth beat analyst forecasts over the first few months of the year, but there is evidence the benefits are being felt more by business owners than workers.

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GDP figures tell us the value of most things produced in Australia in a three-month period. But what if we’re counting the wrong things?

Figures from the Office for National Statistics show the Welsh economy contracted in Q3 on 2021 compared to the previous quarter