Most Americans measure our nation’s economic success by how fast the gross domestic product grows. By that statistic, the United States is quite successful. In fact, the entire global economy has ...
This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...
What's the best way to gauge the health of the economy? Gross domestic product, a measurement that calculates the value of all goods and services produced, has long been a good way to take the ...
India’s economic growth comes into focus at 4 PM on Friday as the Ministry of Statistics and Programme Implementation (MoSPI) releases GDP data under a revised base year of 2022-23, replacing the 2011 ...
I discuss the importance of understanding where the economy is in the business cycle for investors, highlighting the difficulty in predicting recessions. I suggest that GDPplus, a model introduced by ...
Figures for the level and rate of growth of gross domestic product (GDP) are quoted ubiquitously, including in this magazine. They are widely agreed to tell us something of importance. But there is a ...
We've another of those attempts to tell us that we should be measuring something other than Gross Domestic Product as an indicator of how well we're doing as a society. Like most such attempts there's ...
GDP growth is up. Time to celebrate! Then GDP growth is down again. Time to panic? These gyrations aren’t uncommon, and we have just been through one. A few weeks ago, President Biden boasted about ...
Open this photo in gallery: Gross domestic product (GDP, a government-produced measure of economic output) is one of the most widely discussed econometrics in financial headlines that Fisher ...
Senate Minority Leader Charles Schumer (D-N.Y.) on Wednesday introduced legislation that would require gross domestic product (GDP) data to include measures of inequality. “Too often, when we hear ...
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