When calculating GDP using the income approach, all expenditures in an economy equal the total income from producing goods and services.

The annual growth rate of real gross domestic product (GDP) is the broadest indicator of economic activity -- and the most closely watched. Learn how it's presented in official releases and how to ...

China's statistics bureau said on Wednesday it has changed the way quarterly gross domestic product data is calculated, a move it calls a step to adopt international standards and improve the ...

This move increased the total of 2015 GDP by 1.3 percent to 68.55 trillion yuan ($10.3 trillion), but that year's growth rate was only marginally amended and basically remained 6.9 percent.