How did GDP in 2023 compare to recent years? In 2020, at the beginning of the COVID-19 pandemic, the annual rate of GDP dropped to levels far below even those during the Great Recession ...

Real gross domestic product (GDP) gives a clearer picture of economic output than nominal GDP as it adjusts the numbers for inflation or deflation.

The US economy has generally been strong since recovering from the 2020 COVID-19 recession, and the new GDP reading adds to this. David Kelly, the chief global strategist at J.P. Morgan Asset ...