Derek Scissors is a Research Fellow for Asia Economic Policy at The Heritage Foundation's Asian Studies Center. Scissors focuses on the Chinese economy as well as broader Asian economic trends and ...
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 ...
The Trump administration is suggesting a change in the way economic growth is measured, just as the economy appears poised to notch its worst performance since the pandemic-era shutdowns. On Monday, ...
Gross domestic product, or GDP, represents the total value of all goods and services produced within a country during one year. Depending on the report, one year can be either one fiscal year or one ...
Governments have used many indicators to help citizens and policymakers understand the state of their national economies for decades: unemployment, home sales, inflation, and industrial output are all ...
GDP is a measure of whether the economy is expanding or contracting. While this factor can’t be taken alone, negative GDP is a strong indicator of a future recession. Investors should develop an ...