The Trump administration is suggesting a change in the way economic growth is measured, just as the economy appears poised to notch its worst performance since the pandemic-era shutdowns. On Monday, ...

Gross Domestic Product, the broadest measure of the economy, grew by an annual rate of 3.0% in Q2, adjusted for inflation. Government consumption expenditures and gross investment rose by 0.4% ...

U.S. healthcare spending is on a path that has finance leaders increasingly uneasy. With national health expenditures projected to reach $8.6 trillion by 2033 — and consume more than 20% of the nation ...

U.S. gross domestic product grew by 2.3% in the fourth quarter of 2024 after expanding by 3.1% in the third quarter. Consumption, net exports, and government spending contributed positively to Q4 GDP ...

Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending and ...

This paper evaluates three approaches to address parameter proliferation issue in nowcasting: (i) variable selection using adjusted stepwise autoregressive integrated moving average with exogenous ...