gross domestic product

If U.S. Latinos were an independent country, their gross domestic product would rank fifth in the world. NBC 7’s Melissa Adan has more

If U.S. Latinos were an independent country, their gross domestic product would rank fifth in the world, surpassing those of the United Kingdom, India and France, according to a report released Thursday at the L’ATTITUDE conference hosted in San Diego.

The decline in the gross domestic product — the broadest gauge of the economy — followed a 1.6% annual drop from January through March.

Weekly jobless claims came in slightly less than expected last week and economic growth to end 2021 was slightly better than originally reported.

The U.S. economy last year grew at its fastest pace since 1984. Don’t expect a repeat performance in 2022.

Gross domestic product accelerated at a 6.9% annualized pace in the fourth quarter, well ahead of the 5.5% estimate.

The economic costs of China’s zero-Covid policy is increasingly expected to outweigh its benefits, according to investment bank Morgan Stanley.

Initial jobless claims totaled 199,000 last week, the lowest since 1969, easily beating Dow Jones estimates for 260,000.

The U.S. economy grew at a 2% rate in the third quarter, its slowest gain of the pandemic-era recovery.

When the Commerce Department releases its GDP estimate, it likely will show an increase of just 2.8%.