The Commerce Department reported the U.S. economy contracted by 0.3% in the first quarter of this year. We’ll break down the GDP math formula and dig into what the latest report says about where the U ...
Most economists like talking about the very popular metric GDP (aka, gross domestic product). It’s not so much about how effective the metric is in capturing the overall economic conditions, but ...
MSNBC’s Ali Velshi bashed journalists a second week in a row, this time for not taking “45 seconds” to determine that the positive GDP news this week was nothing to be excited about because, he said, ...