GDP is the common measure of economic performance. Under ideal conditions, GDP growth implies an overall improvement in the economy’s performance. However, nearly half of GDP is produced in sectors ...

Of all the current divides in American society, among the most far-reaching and historically significant is also the least discussed: the gap between the primary measure by which we officially gauge ...

GDP doesn’t measure what we should care about, say critics. Is that true?

Learn how GNP is used to measure economic development and demand, and understand its distinction from GDP, as well as when GNP serves as a superior 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 role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...

Specifically, experts discussed developing indicators to measure progress other than Gross Domestic Product (GDP). The shortfalls of measuring a country’s headway using GDP is an issue of rising ...

But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...

Save Bayh–Dole’s $2 Trillion Impact on American Innovation Trump’s Horseshoe Gavin Newsom’s Big Ambulance Scam Audio By Carbonatix Rather than scrapping a proven economic measure, conservatives should ...

“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 ...