Growth accounting is a quantitative tool used to break down how specific factors contribute to total GDP growth. The growth accounting equation primarily looks at three factors: labor, capital ...

However, historically high growth rates do not always indicate a high rate of growth looking into the future, as industrial and economic conditions change constantly and are often cyclical.

The growth rate indicates the change in GDP from the preceding period. A positive growth rate tells us that the economy is expanding, while a negative growth rate tells us that the economy is ...

The U.S. economy as measured by the Gross Domestic Product grew at an annual rate of 3.3% in the second quarter, rather than the 3% annual growth initially estimated last month.

The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the ...

Take any quarter’s reported GDP growth rate with a grain of salt As seen in the above two segments in any quarter they can distort the underlying strength or weakness in the economy.