The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is ...

Economic indicators are pieces or sets of macroeconomic data that are indicative of the past, present, or future state of the economy or some part of it. Even outside of the realm of finance, the ...

GNP is related to another important economic measure called gross domestic product (GDP), which takes into account all output produced within a country's borders regardless of who owns the means ...

Economic profit stands out as a powerful tool that cuts through accounting conventions to reveal a business’s genuine value creation. Unlike traditional profit measures that appear on income ...

At their basic nature, supply disruptions are stagflationary. If a fast-spreading strain of the bird flu, for example, ...

There is no official definition of recession, but there is general recognition that the term refers to a period of decline in economic activity. Very short periods of decline are not considered ...