GDP growth can even worsen health status, pollute the environment, and reduce leisure time. Many countries are now starting to give indicators of well-being a central role in judging how well the ...

Many economists agree that relying solely on GDP provides a narrow view of a nation’s overall well-being. The key question is ...

GDP tells us how hot the economy is running, or how cool — like if we might be heading into a recession. And it's an important tool to compare countries, policies, and politicians.

Gross domestic product, or GDP, portrays US economy as remarkably resilient. But another measure - gross domestic income - revives recession fears.

Layoffs are rising as economic growth slows. Are these temporary blips, or might a recession be in store over the second half ...

And Steve wanted to use a new measure of inflation that better reflected how prices were factored in, so GDP would be more accurate. FOUNTAIN: So it's around 1995.

The shortfalls of measuring a country’s headway using GDP is an issue of rising importance on global agendas and was a clear recommendation in the 2024 Pact for the Future, ...

When it comes to measuring economic welfare, GDP doesn’t cut it. Gross domestic product has been the standard measure for economic growth since 1944, but it doesn’t measure the quality of life.

In 2022, China’s nominal GDP and that of the US were US$17.85 trillion and US$25.74 trillion, respectively, with China’s nominal GDP accounting for 69.33% of the United States’; and in 2023 ...

Somewhat surprisingly, pointed criticisms of GDP's over-application by numerous mainstream economists are nothing new. They stretch back to Simon Kuznets, one of GDP's formulators in the 1930s ...