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Whether GDP swings up or down, there are limits to what it says about the economy and your place in it

  • Written by Sophie Mitra, Professor of Economics, Fordham University
Whether GDP swings up or down, there are limits to what it says about the economy and your place in itThe price of eggs might mean more to some Americans than what's going on with GDP.Scott Olson/Getty Images

The Bureau of Economic Analysis released the latest U.S. gross domestic product data on April 30. In the first three months of 2025, it said, GDP contracted by 0.3%. The GDP growth rate captures the pace at which the total value of goods and...

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