As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of ...

Real GDP refers to the value of goods and services ... of price changes on gross domestic product. The price deflator formula establishes a base year and compares current prices to the base ...

Real GDP was revised up 0.1 percentage point in the third estimate of U.S. economic growth measured by GDP. "The increase in real GDP in the fourth quarter primarily reflected increases in ...