Gross domestic product, or GDP, represents the total value of all goods and services produced within a country during one year. Depending on the report, one year can be either one fiscal year or one ...

Economic growth refers to the increase in goods and services production over set periods, often measured by GDP or GNP, ...

While imperfect, the metric carries major real-world implications, experts said. The threat of a looming recession has heightened interest in the most commonly used measure of economic health: Gross ...