There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final... Can we just change how we measure GDP? There's ...

China's economy is expected to have slowed down in the second quarter from a solid start to the year as trade tensions with ...

When it comes to measuring economic welfare, GDP doesn’t cut it Gross domestic product has been the standard measure for economic growth since 1944, but it doesn’t measure the quality of life.

Reviewed by Michael J Boyle Fact checked by Suzanne Kvilhaug The gross domestic product (GDP) of a nation is an estimate of the total value of all the goods and services it produces during a ...

All the hand-wringing this week over whether or not the U.S. economy has fallen into recession lacked an important consideration: What if the measure of GDP we're all focused on is itself ...

As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of ...

Taking a Measure of Economic Output Without GDP There are too many moving parts to accurately account for all stages of production. Aug. 18, 2022 2:07 pm ET Share ...

When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S.

GDP is in no way a neutral tool or objective measure; it is a social and cultural artifact, carrying a heavy load of normative content, and much of this content is almost invisible to us given our ...

Many economists agree that relying solely on GDP provides a narrow view of a nation’s overall well-being. The key question is not merely about the data but whether GDP per capita is an adequate metric ...

Diane Coyle, Bennett Professor of Public Policy at the University of Cambridge and author of GDP: A Brief But Affectionate History, explains why gross domestic product is no longer an adequate means ...

The data is a blow to the chancellor and government, as they made growing the economy a number one priority. However, there ...