Business Insider9y
GDP of US states compared with other countries
An curved arrow pointing right. If California were its own country, it would have the 11th largest GDP in the world. And that's not the only US state with an impressive economic output. Every ...
Sweden Eyes Rise in Defence Spending to 3.5% of GDP by 2030
STOCKHOLM (Reuters) -Sweden provisionally aims to raise defence spending to 3.5% of GDP by 2030, a bigger and faster ramp-up ...
Trump’s tariffs could plunge Mexico and Canada into a recession
US President Donald Trump’s tariffs on Canada and Mexico could severely impact the economies of both countries, potentially ...
Business Insider9mon
Here's why the go-to metric for assessing economic strength is far from perfect — and might need an update
GDP is calculated by adding a nation's consumption, government spending, investment, and net exports. Here are GDP's crucial strengths and drawbacks, as well as a few other measurements that could ...
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Florida’s Economy Is Booming, Outpacing The Nation With Remarkable GDP Growth
From the first quarter of 2019 to the first quarter of 2024, Florida's real Gross Domestic Product (GDP) soared by 21.9 percent, nearly double the national growth rate of 11.1 percent.
Business Insider3y
12 mind-blowing facts about Saudi Arabia's economy
Today, oil production provides more than 90% of the nation's wealth. Pennsylvania has a larger annual GDP than the entire nation of Saudi Arabia. Saudi Arabia has the 18th-largest annual GDP when ...
Los Angeles Times29d
Trump administration may exclude government spending from GDP, obscuring impact of DOGE cuts
“You know, that governments historically have messed with GDP,” Lutnick said on Fox News Channel’s “Sunday Morning Futures.” “They count government spending as part of GDP. So I’m ...