Definition: Net National Income is Gross National Income or Gross National Product less depreciation. Description: Gross National Product (GNP) is Gross Domestic Product (GDP) plus net factor income ...

Oil production has grown more in the United States over the past five years than anywhere else in the world, even as domestic oil consumption ... of the world's largest gross exporters of refined ...

The minimum wage is the lowest hourly wage employers may pay employees covered under the Fair Labor Standards Act. The ...

In Africa, the leading forces of capitalism have ruthlessly wielded a neoliberal conception of corruption to undermine states’ sovereignty and open the continent to plunder at the hands of Western ...

Gerd Altmann/Pixabay.com (CC0-PD) Gross Domestic Product (GDP) is an economic indicator that focuses on the value of goods and services a country produces. Gross National Income (GNI) includes ...

China’s gross domestic product (GDP) growth has moderated since the second quarter of 2024, owing to subdued domestic demand.

Gross domestic product grew by just 0.1% in November, the Office for National Statistics said. This followed a 0.1% contraction in October. Shadow chancellor Mel Stride said: “Labour inherited ...

Consumer spending will play a large role in the economy in 2025, driven by employment growth, wage gains in excess of ...

Incoming United States President Donald Trump has called on NATO members to spend 5 percent of gross domestic product on defense — more than double the alliance’s current spending target. While ...

As a new year begins, professional forecasters have released a slew of economic predictions for 2025. A new study suggests the forecasts are in the ballpark but often miss the mark.

Gross domestic product (GDP) in 2023 was raised by 3.4 trillion yuan to 129.4 trillion ($17.73 trillion), Kang Yi, the head of the National Bureau of Statistics, told a presss conference ...

Domestic ticket sales have wound up at $8.7 ... “Family movies had a terrific year and are the worldwide box office champ,” says Gross. “New, original stories had an off year, particularly ...