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GDP

Here's why the U.S. revises GDP estimates — over and over

by Lily Jamali
Feb 23, 2023
The Bureau of Economic Analysis revised GDP down to 2.7% from the fourth quarter of last year.
The Bureau of Economic Analysis revised down its GDP estimate for the fourth quarter of last year from 2.9% to 2.7%.
Roman Babakin/Getty Images
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Are the latest GDP numbers good news? It depends on how you look at them.

by Mitchell Hartman and Justin Ho
Jan 26, 2023
The economy grew, but not as much as expected. Some parts of the economy are slowing, but not as much as expected.
An increase in business inventories helped boost economic activity last quarter. But whether that's positive or negative depends on whom you ask.
George Frey/Getty Images
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The latest GDP report shows the economy's growing — and that trouble's ahead

by Mitchell Hartman
Oct 27, 2022
Rising interest rates plus a strong dollar equals stiff economic headwinds.
While Thursday's GDP report is a positive, it looks backward, and the economy is facing powerful headwinds. 
Spencer Platt/Getty Images
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Gross domestic income (GDI), explained

by Sabri Ben-Achour
Aug 25, 2022
GDI should be close to GDP, theoretically. It's not.
Measure all spending in an economy and all income in an economy, and they should be roughly the same. New figures show that's not the case right now.
Angela Weiss/AFP via Getty Images
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GDP dips by 0.9% in second quarter, but consumers are still spending

by Sabri Ben-Achour
Jul 28, 2022
While consumers cut back on goods spending, spending on services jumped.
Spencer Platt/Getty Images
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When we expect big things from tech, the economy does better, according to new research

by Kai Ryssdal and Sarah Leeson
Jul 28, 2022
There's a link between anticipating future technology and spending decisions in the present, says macroeconomics professor Cristoph Görtz.
News of future technology rollouts can boost spending, new research shows, but some tech events can make people feel poorer.
Simonkr / Getty Images
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This week's GDP number may show a shrinking economy. But that doesn't equal recession.

by Justin Ho
Jul 25, 2022
There are reasons to take a weak gross domestic product report with a big grain of salt.
Thursday’s report on gross domestic product may show a contracting economy, but recessions are typically determined by a wider range of data.
Spencer Platt/Getty Images
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Businesses grew their inventories more slowly in the first quarter. That dragged down GDP.

by Justin Ho
Apr 28, 2022
The downturn isn't surprising, considering inventories grew by a record amount the quarter before.
Inventories did rise in the first quarter, but the GDP calculation only cares about how much they changed from the previous quarter.
Michael M Santiago/Getty Images
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China's zero-COVID restrictions put pressure on businesses

by Jennifer Pak
Apr 15, 2022
China’s first-quarter economic data is not likely to be rosy, given the fallout of the Ukraine war and the current COVID surge.
The Yangshan Port near Shanghai. Even goods and cargo are tested for COVID-19 under China's aggressive anti-contagion policy.
Johannes Eisele/AFP via Getty Images
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GDP growth in 2021 signals a strong economic recovery

by Amanda Peacher
Jan 27, 2022
GDP climbed by 5.7% last year — the highest annual growth rate in more than three decades.
Spencer Platt/ Getty Images
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