A senior Labour shadow minister has suggested that the party could adopt a radically different approach to measuring the health of the economy, amid growing pressure worldwide to ditch GDP as a ...

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 ...

You may have read last week that Canada's real gross domestic product grew at a 2.5-per-cent annual rate in the first quarter, a pretty good showing in light of the current economic slowdown. Compared ...

Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...

I’ve written a number of times on CD about the possible limitations of official GDP accounting methods (developed in the 1930s during the Machine Age) for measuring economic activity, output and ...

Social Indicators Research, Vol. 57, No. 2 (Feb., 2002), pp. 201-228 (28 pages) Existing literature focuses on the issue of preparation of social welfare measurements on the basis of an unadjusted ...

This last piece in a 5-article series, adapted from a speech I gave at a BritishAmerican Business virtual conference in September, suggests that while GDP has served a useful purpose in terms of ...

The state’s $4.215 trillion in business output was the nation’s No. 1, and topped globally only by the U.S., China, and Germany.

WHICH would you prefer to be: a medieval monarch or a modern office-worker? The king has armies of servants. He wears the finest silks and eats the richest foods. But he is also a martyr to toothache.

The broadest measure of economic activity and primary indicator of the economy’s health. • 8:30 AM ET: Durable Goods Orders (Aug) - Forecast: -0.3%, Previous: -2.8%. Measures the change in total value ...