Q3 GDP came in at a boomy 4.9%. The primary drivers were inventories and personal consumption, at 1.3% and 2.69%. The inventory rebuild is a volatile component, but the consumption figure is ...

I've read some interesting articles on Friday's Q4 final GDP revision. Steven Hansen's 4Q2010 GDP Revised Back Up gives a nice annotated look at the past five quarters with a close-up look at the ...

1. The BEA reported on Friday that the overall economy grew by 2.2% at an annual rate in the first quarter of 2012. However, the private components of GDP (consumption, gross domestic investment, and ...

The United States economy shrank at an annualized rate of 1.4% in the first quarter of the year, according to the Bureau of Economic Analysis. This indicates shrinking growth. But what should we make ...

Gross domestic product in the fourth quarter of 2017 rose 2.6 percent on an annualized basis, compared to 3.2 percent in the third quarter, according to the Bureau of Economic Analysis. The rate of ...

NATO allies are meeting in the Netherlands on June 24-25 this week. The alliance has reportedly agreed to hike their defense spending to 5% of gross domestic product by 2035. One chart shows what a ...

The American consumer drives the U.S. economy. Consumer spending generally makes up around 70% of the nation's GDP. So when spending grows, the nation grows. But when spending slows, so does overall ...

Before this week's annual NATO summit had even begun, allies reportedly agreed on Sunday to hike their defense spending to 5% of gross domestic product (GDP) by 2035. Getting to that target, however ...