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GDP

The economy seems great for some people, dire for others. What's going on?

by Mitchell Hartman
Jun 24, 2021
There's a disconnect between rising GDP and consumer spending — and the number of people out of work.
GDP is growing but unemployment claims are still high in this two-tiered economy.
Alex Edelman/AFP via Getty Images
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COVID-19

NABE forecasters predict strong economic growth, ongoing recovery in 2021

by Mitchell Hartman
May 24, 2021
The economists say they expect employment to recover and that recent price spikes for some consumer goods should moderate.
The economists surveyed also expect increases in inflation to be short-lived.
Spencer Platt/Getty Images
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GDP grows at fastest rate since Reagan era, but there's still pain

by Sabri Ben-Achour
Apr 29, 2021
Economists expect the U.S. to surpass the GDP we’d have seen if COVID-19 hadn’t happened. But many still wait for jobs to come back.
Even as the U.S.' GDP improves, it'll take a while for that to have an impact of jobseekers, if it ever does.
Spencer Platt/Getty Images
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U.S. GDP grew 6.4% in first quarter

by Associated Press
Apr 29, 2021
Economic growth in the current April-June period is expected to be faster still.
Justin Sullivan/Getty Images
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Infrastructure plan has positives and negatives for GDP

by Sabri Ben-Achour
Apr 8, 2021
Infrastructure adds to gross domestic product, but interest rates can take away from it.
Lower-income workers have been able to raise their wages faster than middle and higher-income workers, says a new NBER working paper.
Andrew Burton/Getty Images
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COVID-19

IMF projects 6% global growth, driven in part by U.S. GDP growth

by Katherine Wiles
Apr 6, 2021
Financial stimulus policies are driving economic growth, but not all economies are recovering at the same speed.
The IMF is projecting 6.4% growth in the U.S. in 2021 and 3.5% growth in 2022.
Mandel Ngan/AFP via Getty Images
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I've Always Wondered ...

Will economic growth always rely on population growth?

by Katherine Wiles
Apr 1, 2021
In theory, the ingredients of economic growth are capital and investment. In practice, not so much.
In theory, the economy can continue to grow with a stable population. In practice, not so much.
Dmytro Varavin via Getty Images
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U.S. economy shrank 3.5% in 2020 after growing 4% last quarter

by Associated Press
Jan 28, 2021
Last year saw the worst decline for U.S. GDP in 74 years.
Mark Ralston/AFP via Getty Images
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GDP jumped 33%, but how about that output gap?

by Nancy Marshall-Genzer
Oct 29, 2020
The growth is good, but it'll be a while before the U.S. economy is back to where it was before COVID-19 happened.
Cargo containers are stacked on a ship docked at the Port of Oakland in California. Economic output in the United States hasn't caught up yet to pre-pandemic levels.
Justin Sullivan/Getty Images
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U.S. economy rebounded to grow at record 33% annual rate last quarter

by Associated Press
Oct 29, 2020
Yet the recovery from the deepest recession since the Great Depression of the 1930s remains far from complete.
Valerie Macon/AFP via Getty Images
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