After a decade, the GDP series is undergoing a revision. Some of the proposed changes will make for a more accurate reading of the economy but the shortcomings of the deflator will remain ...

The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...

Learn how the Keynesian multiplier affects economic growth, emphasizing government spending's influence on employment and GDP within macroeconomic theory.

Discover how the U.S. national debt affects your finances and what to know about government borrowing and debt limits.