gross domestic product

Budget Deficit to Break $1 Trillion Despite Strong Economy

ANDREW TAYLOR / The Associated Press Jan 28, 2020 Deficits averaging 4.8% of GDP are foreseen over the course of the coming decade; experts say anything above 3% is unsustainable. Dig deeper ( 3 Min. Read )

Second-Quarter Economic Growth Is a Strong 4.1 Percent

MARTIN CRUTSINGER / The Associated Press Jul 27, 2018 The quarterly figure is the highest since 2014, but some economists warn that temporary forces might be in play, including businesses racing to get ahead of tariffs. Dig deeper ( 3 Min. Read )

A Good Day on Wall Street Is a Bad Day for Most Americans

Lee Camp / Truthdig Feb 16, 2018 The U.S. economy is not based on health, happiness and life. It needs our death, misery and hardship in order to thrive. Dig deeper ( 7 Min. Read )

China Takes the Bronze in GDP

Staff / Truthdig Jan 15, 2009 After reconfiguring its output figures, China has finally found itself on the medal podium for gross domestic product, ousting Germany from its role as third largest economy in the world. China's economy has grown tenfold in the past 30 years, and its development, while marveled at, worries many environmental, human rights and labor activists. Dig deeper ( 1 Min. Read )

Trade Gap Hits Record for Fourth Year in a Row

Staff / Truthdig Feb 11, 2006 Who will pay this piper? Four years of terrible trade deficits--and this year is the historical worst. | story Dig deeper ( 1 Min. Read )