Thanks to the ever-increasing and affordable options entrepreneurs have for international shipping, e-commerce, digital marketing and supply chains, small businesses are expanding their sales areas to ...

I sometimes read assertions that the statistical methods used by the Commerce Department to calculate GDP no longer properly capture economic output because they don’t, for example, properly account ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Yarilet Perez is an experienced multimedia journalist and fact-checker with a ...

Starting in spring 2014, the Bureau of Economic Analysis will release a breakthrough new economic statistic on a quarterly basis. It’s called Gross Output, a measure of total sales volume at all ...

GDP is the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...

GDP measures all final goods/services produced in a defined area, adjusted for inflation to show real growth. GDP growth rates, especially real GDP annually, are key indicators of economic activity ...

This article first appeared on the American Enterprise Institute site. The map above was created (with assistance from AEI's graphic design director Olivier Ballou) by matching the economic output ...