Of all the dubious claims uttered recently by Elon Musk, I have yet to see a more interesting one than his tweet asserting ...

While not directly a measure of GDP, economists also consider ... Rising prices will tend to increase a country's GDP, but this does not necessarily reflect any change in the quantity or quality ...

Another measure of societal welfare being adopted ... Prime Minister Jacinda Ardern said GDP alone “does not guarantee improvement to our living standards” and nor does it “take into account ...

GDP figures showed a gradual economic slowdown. Thanks to uncertainty, some economists say the slowdown might be quicker.

gross domestic product (GDP). It's the sum of all final... Can we just change how we measure GDP? There's one statistic that rules them all when it comes to keeping track of the economy ...

As GDP estimates the value of production in the US, imports are neither added nor subtracted conceptually. Everyone agrees ...

Take, for example, reports today that gross domestic product (GDP) grew by 0.1% between ... don't know what the chancellor of the exchequer does. So, a gloomy picture for the UK economy still ...

It measures businesses ... Doescher: So, let's break this down. What does GDP growth mean for the middle class? Is it helping? Or like many on the left say, is it just a favor to the wealthiest ...

The “services” component of GDP includes the value of all final services produced, such as transportation, communication, finance, healthcare, education, and many others. Sri Lankan GDP was estimated ...

GDP stands for gross domestic product, and is a measure of all the economic activity of companies, governments and people in a country. In the UK, the Office of National Statistics (ONS ...

GDP measures total economic output within a country ... them to an average price standard for a particular year (which year does not matter). This way, comparing GDP over time according to the ...

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's ...