I sometimes read assertions that the statistical methods used by the Commerce Department to calculate GDP no longer properly capture economic output because they don’t, for example, properly account ...
Commerce Secretary Howard Lutnick stated that governments have historically "messed" with GDP calculations, and added that he plans to separate the two and make the process more transparent. AFP ...
There's a little bit of confusion over India's GDP growth statistics at present. The country recently changed the way that it calculates this number and while there are, obviously, the usual teething ...
GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...
Gross domestic product, a measure of the total value of the nation’s economic output over a time period, always has been among the broadest measures of economic perform-ance. But, as noted in a series ...
China has revised the way it measures the size of its economy, the first such change since 2002, in what it says is an effort to better align its data with international standards. The adjusted ...
However, over the past several years some of the highest-profile economic aggregates have become more misleading than ever, ...
Gross domestic product (GDP, a government-produced measure of economic output) is one of the most widely discussed ...