GDP is the common measure of economic performance. Under ideal conditions, GDP growth implies an overall improvement in the economy’s performance. However, nearly half of GDP is produced in sectors ...

Discover how GDP influences living standards and explore alternative measures for a comprehensive view of economic well-being ...

Of all the current divides in American society, among the most far-reaching and historically significant is also the least discussed: the gap between the primary measure by which we officially gauge ...

Diane Coyle, Bennett Professor of Public Policy at the University of Cambridge and author of GDP: A Brief But Affectionate History, explains why gross domestic product is no longer an adequate means ...

Explore how aggregate demand and GDP connect and differ, using insights from Keynesian economics to understand macroeconomic ...

Specifically, experts discussed developing indicators to measure progress other than Gross Domestic Product (GDP). The shortfalls of measuring a country’s headway using GDP is an issue of rising ...

A recent investment bank research article suggested that generative AI could drive a 7% uptick in global GDP. What if, though, such statements were a kind of category error? What if AI were so ...