Gross domestic product is a great measure of the economy, but it would be a gross exaggeration to say it’s the only one. The Bureau of Economic Analysis also puts out gross domestic income, value ...
There may be an explanation for why the U.S. economy has been remarkably resilient, growing briskly despite high inflation and interest rates. Maybe it isn’t so resilient after all. This week, the ...
Explore how inflation and GDP affect financial markets and investment strategies. Discover key insights to optimize your portfolio in response to economic changes.
In “Recession Fears May Not Pass GO” (op-ed, Aug. 10), Mark Skousen argues for using gross output, or GO, as a more reliable indicator of economic growth than gross domestic product. I fail to see how ...
Consumption is an always effect of what actually matters: production. It’s a reminder that while “supply siders” are increasingly ridiculous, “supply-side economics” is a statement of the obvious: the ...
GDP is the total market value of final goods and services produced within a country's borders during a specified period. Final goods are those purchased by the end user, meaning that GDP excludes ...
Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of production.” ...
In recent years, international institutions have started working on better measures of welfare.
Journal Editorial Report: The new budget shows the Democrat's priorities. Images: AP/Reuters/AFP/Getty Images Composite: Mark Kelly The Bureau of Economic Analysis last week estimated that real gross ...