Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...
Gross domestic product (GDP, a government-produced measure of economic output) is one of the most widely discussed ...
For years, measuring economic welfare has been pretty straightforward. Classic economics obsess over a single value: gross domestic product. Luckily, economic paradigms are shifting, and experts are ...
It’s easy for entrepreneurs, managers and investors to get lost in the crushing volume of data and surveys purporting to show how the economy is doing, and where it might be headed. Though many ...
What exactly is GDP measuring. It surely is not measuring the state of the population as personal income growth continues to become a smaller share of overall USA spending,. And when one looks at ...
Diane Coyle’s new book, GDP: A Brief But Affectionate History, is a timely contribution to discussions of modern economic performance. She argues that Gross Domestic Product increasingly ...
The Bureau of Economic Analysis released its third estimate of second-quarter GDP — a revised look at how much the economy grew between the beginning of April and the end of June. Today’s update did ...
When economists want to analyze economic performance, they typically examine Gross Domestic Product (GDP) growth. However, a ...
Development workers constantly gnash their teeth over whether their work has any effect. But they’re faced with a fundamental problem: In undeveloped countries, accurate economic data can be ...
One year ago this week, Hurricane Sandy ravaged much of the eastern seaboard, leaving tens of thousands of families homeless and nearly as many businesses shuttered. Yet, by many estimates, the ...
French president Nicolas Sarkozy drew heat last month when he suggested that countries should factor happiness into their statistics for growth. After all, Sarkozy campaigned on promises of wealth ...
China's financial pressures and GDP growth result from capital misallocation. Large amounts of capital in China are being destroyed or underutilized. Large capital losses are placing pressures on ...