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

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

Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...

Most measures of economic performance used by government officials to inform their policies and decisions are based on gross-domestic-product figures. But concerns have long been raised that GDP-based ...

What’s the best way to gauge the health of the economy? Gross domestic product, a measurement that calculates the value of all goods and services produced, has long been a good way to take the ...

We spend a large and growing share of our waking lives online, but digital goods and services go largely uncounted in the GDP because that measure is based on what people pay for goods and services.

This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...

Open this photo in gallery: Gross domestic product (GDP, a government-produced measure of economic output) is one of the most widely discussed econometrics in financial headlines that Fisher ...