Statistics Canada says real GDP rose 2.6% on an annualized basis in Q4, after forecast of 1.8% The Canadian Press · Posted: Feb 28, 2025 7:05 AM PST | Last Updated: February 28 ...

Real GDP per person is $55,170, compared with $56,379 in 2019, meaning the economy is generating $1,200 less income per person, or $2,830 less income per household, than it was four years ago.

The advance estimate for real GDP growth fell at an annualized pace of 0.3 percent in the first quarter. All (plus more) of the decline can be attributed to a surge in imports in advance of tariffs.

Over the last ten years real GDP per capita grew just 0.8 per cent a year on average in this country, its lowest rate of growth since the 1930s. Total GDP has been growing because of our growing ...

Real GDP fell in the year's first quarter at an annualized rate of 0.3%. That doesn't mean a recession, but Americans have been worried one will happen this year.