With midterm elections approaching, help us make everyone smarter about the economy. Donate Now

Consumers are pulling back on spending. They're also tapping savings and taking on debt.

Jun 30, 2022
That's good news for inflation, but it might be bad news when it comes to the risk of a recession.
The price of everything — from groceries and gasoline to discretionary purchases like travel — is going up. As a result, consumers aren't spending as freely.
Frederic J. Brown/AFP via Getty Images

Trade deficit narrows as trade tensions continue to bite

Nov 5, 2019
Tariffs on foreign-made imports to the U.S., and retaliatory tariffs on U.S. exports, are dragging down exports and imports.
Apples are one crop that have been hit by the trade war. Above, apples produced by Spring Valley Farm and Orchard in West Virginia are on display at a farmers market.
Kimihiro Hoshino/AFP via Getty Images

What GDP tells us about the economy

Jul 26, 2018
GDP growth for the latest quarter is expected to be robust, but that is due in part to some unique elements of the quarter.

Let's talk about Trump's speech in Davos

Jan 26, 2018
Plus: A rising GDP but a "weak" dollar?
President Donald Trump looks on after delivering his speech to the World Economic Forum annual meeting today in Davos, Switzerland.

Some economic strengths revealed in U.S. quarterly GDP figure

Jan 26, 2018
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 economic growth for the 2017 calendar year was 2.3 percent, compared to 1.5 percent in 2016. Several components of GDP were particularly strong […]

The final word on last year's economy is almost here

Mar 29, 2017
Thursday, the Bureau of Economic Analysis will release final revisions to economic growth numbers, aka the gross domestic product, for 2016. In other words, we’ll find out if economic growth last year really was as lousy as it seemed. But why look back? With the end of first quarter of 2017 almost here, there’s plenty […]

Why you should care about the government's economic data

Jan 25, 2017
Private companies, investors, workers and consumers depend on government economic data for a wide array of financial decisions.
Jason Costanza/Flickr

For public good, not for profit.

Support fact-based, independent journalism with a gift to Marketplace today.

How calculating GDP is like making a gravy

May 19, 2015
"Reduce it down and get the real essence of flavor," says a Fed economist.

GDP: Oil Patch Booms While Northeast Lags

Jun 11, 2014
The Bureau of Economic Analysis reports on state-by-state GDP growth in 2013.