The state debt of the United Kingdom is as big as the country's gross domestic product for the first time since the 1960s.

Official figures showed higher spending on public services, while national debt hit levels last seen in the early 1960s.

GDP looks at production that happens within U.S. borders — no matter who does it — emphasis on the where. David Wasshausen of the BEA has a couple examples.

In the June 2024 quarter, compared with the March 2024 quarter: • GDP fell 0.2 percent • expenditure on GDP was flat, at 0.0 percent • GDP per capita fell 0.5 percent • real gross national disposable ...

Official figures showed higher spending on public services, while national debt hit levels last seen in the early 1960s.

The Japanese economy grew almost as fast as initially estimated in the April-June quarter thanks to a spending recovery, ...

Environmentally harmful subsidies currently stand at no less than $2.6 trillion per year, $800 billion higher than 2022 estimates and equivalent to 2.5% of global gross domestic product (GDP), ...

Mainstream economists speak of GDP as though it is the economy itself, however, GDP is not a good measure of economic reality ...

The MSCI ACWI rose 2.23% during the quarter on the prospect of policy rate cuts in late 2024 and continued optimism around ...

With half a decade of geopolitical chaos, recession in Europe, and above-target inflation, the US economy has remained ...

DY Chandrachud on Monday flagged how women were being held back from entering the workforce resulting in their low ...

Britain's economic output remained unchanged from the previous month, according to data released by the Office for National Statistics. This surprising outcome ran contrary to a Reuters poll of ...