For many years now, the GDP has been severely criticized as not adequately measuring economic progress and the quality of life. The truth, however, is that the GDP was not designed to measure human ...

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 ...

Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...

The media and economic communities regularly use Gross Domestic Product (GDP), a tally of all goods and services produced within a country during a specific time period, as a measure of economic ...

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 ...

Diane Coyle’s new book, GDP: A Brief But Affectionate History, is a timely contribution to discussions of modern economic performance. She argues that Gross Domestic Product increasingly ...

India is refining its district-level economic output measurement, aiming to identify regional disparities and support areas ...

If measurement itself becomes a subject of debate, the informational foundations of economic policymaking inevitably weaken ...

1. What is Gross Domestic Product? Gross Domestic Product, which is commonly known as GDP, is the value of final goods and services produced in the domestic economy in an accounting period. In order ...

After more than a decade of questions and debates, India is set to finally get an updated gauge of its GDP, with the Ministry ...

Syria’s example illustrates the challenges of gathering good economic data during conflict. Two destroyed tanks in front of a mosque in Azaz, north of Aleppo. Photo taken in August 2012 by Christiaan ...