Base-Year Analysis: Definition, Methods, and Real GDP Example

Discover how base-year analysis measures economic changes, eliminates inflation effects, and aids in financial growth ...
Inc

Recession Watch? Tanking Consumer Confidence Foreshadowed GDP Contraction in Q1

Neither business leaders nor consumers needed to hear Wednesday’s dismal news that the U.S. economy shrank 0.3 percent during the first quarter of 2025 to voice their concerns about the way things are ...
Marketplace

Consumer spending was — once again — key to GDP growth last quarter

Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%. And consumer spending is a key contributor. It rose 4.2% for the ...
Forbes

The Government Needs Wealthy Consumer Spending To Keep GDP Growing

Companies want to keep their biggest customers happy, so they often provide accommodations to do so. And, as it turns out, the government — if it doesn’t already do so — probably wishes it did because ...
Forbes

Government Spending Is An Essential Component Of GDP

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...
NBC News

U.S. economy shrank as consumers went on pre-tariff buying spree

The U.S. economy contracted 0.3% in the first quarter of 2025, the first negative reading since 2022, according to an initial measurement released Wednesday by the Commerce Department. The decline in ...
Hosted on MSN

‘Thanks to the mighty consumer,’ GDP shows more spring in U.S. economic growth

The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the broader U.S. economy still appears to be in pretty good shape thanks to American consumers.
Seeking Alpha

GDP Whacked By Massive Spike In Imports On Frontrunning Of Tariffs; Consumer Spending Grew, Business Investment Soared

US GDP dipped by an annualized rate of 0.3%, adjusted for inflation (“real GDP”), after growth rates of 2.4% in Q4, 3.1% in Q3, and 3.0% in Q2. A massive spike in imports, by far the worst ever, on ...
The Gazette

Sagging consumer confidence, drop in GDP hang over economy | Tatiana Bailey

The big news this past month is that GDP, or gross domestic product, contracted in the fourth quarter. Wednesday's release came in at minus 0.3% on an annualized basis, marking GDP's first decline in ...
U.S. News & World Report

Australia's Q2 GDP Growth Quickens to 2-Year High as Consumers Open Wallets

SYDNEY (Reuters) -Australia's economy grew at the fastest annual pace in almost two years in the second quarter as consumers finally started spending after multiple rate cuts, taking over from the ...
Morningstar

'Thanks to the mighty consumer,' GDP shows more spring in U.S. economic growth

The broader U.S. economy still appears to be in pretty good shape thanks to American consumers The Federal Reserve cut interest rates last week because of fresh worries about the jobs market, but the ...