GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...
The fraudulent number that is Gross Domestic Product (GDP) is a substantially shrunken number relative to the true size of the U.S. economy. See the “surge” in GDP reported yesterday for evidence. The ...
A surprise GDP number challenges slowdown fears. Read why rate cut expectations shifted and what stocks may benefit.