There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought and ...

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 ...

Five hundred of the world’s leading charities and social groups have sent a letter to the International Monetary Fund warning that its support programmes, which have had to be ramped up to cope with ...

The obsession with economic output as a measure of human development puts sustainability on the back burner. Researchers can ...

The U.S. economy emerged from the pandemic even more quickly than previously reported, revised data from the federal government shows. The Commerce Department on Thursday released updated estimates of ...

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 ...

Projections have emerged that Taiwan, which is vying to dominate the global semiconductor market, will record a real gross domestic product (GDP) growth rate in the mid-5% range this year. The ...

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 ...

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 ...

Development Secretary Mitch Carmichael gave lawmakers a rundown of positive signs for West Virginia’s economy, including improved jobs numbers, steady improvement for gross domestic product and ...

Misamis Occidental Governor Henry S. Oaminal urged local government units, security forces, and community stakeholders to intensify efforts to ensure peace, safety, and development across the province ...