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The Economy

Growth, productivity, interest rates, and what comes next.

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The EconomyExplainer

How GDP Is Calculated: The Spending Side of the Economy

The expenditure approach adds consumption, investment, government purchases, and exports, then subtracts imports. The adjustment for imports helps measure production within the United States, since imported goods may appear in spending categories without having been made domestically.

The EconomyExplainer

GDP, Explained: What the Number Measures

Gross domestic product measures the value of final goods and services produced in the United States. It helps track output and growth, but it does not capture every transaction or fully describe how income, opportunity, or well-being is distributed.