GDP is an estimate of the value of the goods and services produced in the United States. It is not a comprehensive measure of well-being, nor is it the only critical indicator of the economy. Because ...

At its core, GDP is a simple accounting identity. The Bureau of Economic Analysis defines it as the sum of consumption (C), investment (I), government spending (G), and net exports (NX). The formula ...

Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. Wooden blocks with the word GDP and up and down arrows. An ...