For many people, the economy is a simple equation: paychecks minus expenses. When it feels like our incomes are growing faster than prices, the economy is in good shape. When they’re not, it’s lousy.

A quarterly review finds that the U.S. economy’s increasingly K-shaped nature is making American consumption patterns uneven ...

Consumption is an always effect of what actually matters: production. It’s a reminder that while “supply siders” are increasingly ridiculous, “supply-side economics” is a statement of the obvious: the ...

Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of production.” ...

As voters headed to the polls on Super Tuesday, many voted with one issue top of mind: the state of the U.S. economy. A recent CBS News poll found that 65% of Americans remember the economy under ...

The nation's gross domestic product — the broadest measure of economic activity — grew at an annual rate of 3% in April, May and June, according to a report Wednesday from the Commerce Department.

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought and ...

It’s the economy, stupid! With presidential elections looming, the question is, who has been historically better for the economy — Republicans or Democrats? For that answer, let’s take a look at Gross ...

Unemployment is near record lows. Job creation is robust. The economy is growing, driven by healthy consumer spending. And the stock market has hit record highs. Yet surveys show that Americans are ...

The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest ...

Alaska’s gross domestic product grew more slowly over the past decade than that of all other states except for one, according to a Department of Labor and Workforce Development analysis. The state’s ...