President Donald Trump wrongly described the estimated 2.6 percent growth in the nation’s gross domestic product for the second quarter as “a number that nobody thought they’d see for a long period of time.”
gross domestic product
Hillary Clinton says the U.S. economy does better with a Democrat in the White House. But a report cited by her campaign as evidence doesn’t give credit to Democratic fiscal policies.
Q: What is the difference between GDP and GNP?
A: GDP is the market value of everything produced within a country; GNP is the value of what’s produced by a country’s residents, no matter where they live.