Gross domestic product

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Gross domestic product

Donald Trump holding his reciprocal tariff poster replaced by a shrinking $100 bill
NOT WASTING ANY TIME

Trump Officially Shrinks the Economy After Tariff Turmoil

Economists say growth has “simply vanished” in the face of tariff-related uncertainty and less government spending.

Janna Brancolini

Park employee Keisha Flores rings up a customer at the gift shop of Capitol Reef National Park ahead of the solar eclipse in Torrey, Utah, Oct. 13, 2023.
BACK IN BLACK

U.S. Economy Blows Past Economists’ Expectations, Up 4.9%

Personal consumption spending increased 4 percent for the quarter compared to 0.8 percent in Q2.

Alex Nguyen

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OUCH

Recession Looms as U.S. Economy Goes From Bad to Worse

The U.S. economy has shrunk for a second consecutive quarter.

Alice Tecotzky

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ONWARDS & UPWARDS

U.S. Economy Rebounds With Strongest Growth Since 1984

The country’s gross domestic product expanded by 5.7 percent in 2021, marking the sharpest surge since the Reagan administration.

AJ McDougall

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STILL IN THE RED

GDP Spike Not Enough to Lift Economy Out of COVID Crater

Despite incredible annualized GDP growth of 33.1 percent, the economy in the third quarter still remained 3.5 percent smaller than at the end of 2019.

Jamie Ross

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DEAD CAT BOUNCE

Don’t Be Fooled When Trump Touts ‘Great’ Economic Report

This will be his last Hail Mary pass, to convince voters that all the lies he tells his crowds and himself are true.

Michael Tomasky

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NOW THAT’S A V SHAPE

China Economy Shrugs Off COVID, Grows 4.9% Over a Year Ago

Almost complete eradication of coronavirus sees surging growth, as U.S. and EU see their GDPs shrinking.

Tom Sykes

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RECORD-SMASHER

The U.S. Economy Just Suffered Its Worst Ever Quarter

Commerce Department reports economy contracted by a shocking 32.9% annual rate in the second quarter; jobless claims rise as new infections surge in several states.

Jamie Ross

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HERE IT COMES

U.S. GDP Shrank at 4.8% Pace as Pandemic Swept Nation

The downturn brought the longest economic expansion on record to an abrupt end.

Jamie Ross

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THE STREAK IS OVER

China’s Economy Shrinks for the First Time in Decades

Analysts say the GDP of the world’s second-largest economy offers a preview of the coronavirus’ devastation.

Blake Montgomery

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MISGUIDED

Beijing’s Deadly Mistakes on Coronavirus

China's economy is 18 percent of global GDP. The more it falters, the more impacts are felt everywhere, and that would be the case even if this plague were confined. But it's not.

Brendon Hong

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