After the coronavirus pandemic led to a record drop in production in the second quarter of 2020, the country's summer recovery triggered the largest jump in gross domestic product in history, Business Insider reported. The US gross domestic product grew by 33,1% on an annualized basis ...

The number of applications for unemployment benefits totaled 1,48 million last week (June 15-21). This indicator remains high. But the total number of people currently receiving benefits fell below 20 million for the first time in 2 months ...

The U.S. economy has largely stalled due to the coronavirus pandemic, posting its worst performance in more than a decade in the first quarter of 2020, but the dismal performance reflects only a fraction of the damage to come. The country's gross domestic product (the value of all goods ...

US gross domestic product growth in the second quarter of 2018 was the highest in four years. This is evidenced by data from the US Department of Commerce. The agency kept its estimate of US GDP growth in the second quarter at 4,2% on an annualized basis. Analysts ...

California has overtaken France in terms of GDP to become the sixth largest economy in the world after the United States, China, Japan, Germany and the United Kingdom, Bloomberg reported. According to official data, the annual GDP of California amounted to $ 2,5 trillion, leaving behind the economies of France, Italy, Brazil, India and other developing ...