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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 ...
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.
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.
Many economists agree that relying solely on GDP provides a narrow view of a nation’s overall well-being. The key question is ...
Layoffs are rising as economic growth slows. Are these temporary blips, or might a recession be in store over the second half ...
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 ...
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, ...
New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in ...
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 ...
The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, ...