Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period by a country or countries.
Tag: GDP
Fannie Mae updates 2021 and 2022 forecasts
Fannie Mae recently revised its economic outlook for 2021. The new forecast predicts significantly higher growth over the next two years than their last...
U.S. economic growth expectations largely unchanged as lockdown restrictions ease
Despite substantial revisions to the components constituting real GDP, headline growth expectations on a quarterly and full-year basis were only slightly changed compared to...
GDP: Up, up, up
It’s a red-letter day. Today the Commerce Department released its much-awaited Q2 GDP data. The swirl around this announcement draws from a humming economy and...
What Friday’s U.S. jobs report means: Interest rates, GDP, and labor force participation
Two economists from California made the following comments regarding this coming Friday’s U.S. Bureau of Labor Statistics’ non-farm payrolls employment report for March: Robert Eyler,...
