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 ...

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 ...

The United Nations High-Level Expert Group (HLEG) on Beyond GDP comprises 14 globally recognized experts appointed in May 2025, drawing on expertise in economics, statistics, development policy, ...

“Measurement theory shows that strong assumptions are required for certain statistics to provide meaningful information about reality. Measurement theory encourages people to think about the meaning ...

How important is a nation’s AI computing power to overall economic success?

Starting in spring 2014, the Bureau of Economic Analysis will release a breakthrough new economic statistic on a quarterly basis. It’s called Gross Output, a measure of total sales volume at all ...

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 ...

Since last summer the nation’s Gross Domestic Product (GDP) has gone up — indeed, it grew at a surprising 5.7% rate in the 4th quarter — seeming to confirm what we’ve been hearing: the recession is ...

The steady advance of technology is making ownership of assets less attractive and economic growth ever harder to measure. "Teenagers don't really want to own anything," Christian Lanng, chief ...

I hate using GDP as a metric for economic growth. It does not measure how Jane and Joe Sixpack are doing. Even disposable personal income is a metric which includes a lot elements that the relatively ...

Syria’s example illustrates the challenges of gathering good economic data during conflict. Two destroyed tanks in front of a mosque in Azaz, north of Aleppo. Photo taken in August 2012 by Christiaan ...