That may seem like a head-scratcher, but this formula for Gross Domestic Product is actually pretty simple.
Bob Moon explains.
What the GDP numbers tell us
Gross Domestic Product only declined 1% in the second quarter. That was better than expected, but is the worst over? Bob Moon gets to the bottom of the situation.
The factors behind GDP growth
Despite today's news that the U.S.'s gross domestic product has grown for the fifth straight quarter, the White House warns that faster growth needs to occur to get unemployment down....
Incredibly shrinking Japanese economy
Japan's gross domestic product (GDP) fell 4% last quarter -- the fastest pace on record for the country, the government said Wednesday.
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