Gross domestic income (GDI), explained

Aug 25, 2022
GDI should be close to GDP, theoretically. It's not.
Measure all spending in an economy and all income in an economy, and they should be roughly the same. New figures show that's not the case right now.
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GDP dips by 0.9% in second quarter, but consumers are still spending

Jul 28, 2022
While consumers cut back on goods spending, spending on services jumped.
While consumer spending on goods dropped in the second quarter, services spending jumped.
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This week's GDP number may show a shrinking economy. But that doesn't equal recession.

Jul 25, 2022
There are reasons to take a weak gross domestic product report with a big grain of salt.
Thursday’s report on gross domestic product may show a contracting economy, but recessions are typically determined by a wider range of data.
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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 […]