India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards ...

Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...

The U.S. economy gained strength during the year, as Americans continued to spend money, giving the economy an unexpected boost. WSJ’s Dion Rabouin digs into the latest GDP report to explain the most ...

Consumption is an always effect of what actually matters: production. It’s a reminder that while “supply siders” are increasingly ridiculous, “supply-side economics” is a statement of the obvious: the ...

Declines in Ohio’s manufacturing and financial sectors produced a weaker overall gross domestic product starting in late 2021, according to a new report from the Federal Reserve Bank of Cleveland. The ...

At least six reasons have been advanced to explain the apparent disconnect between US economic indicators and public-opinion surveys. While some are clearly wrong, others – in particular, the idea ...