There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's ...

As GDP estimates the value of production in the US, imports are neither added nor subtracted conceptually. Everyone agrees ...

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final... Can we just change how we measure GDP?

Welfare measurement is among the most fundamental questions in economics. Policymakers and others use gross domestic product ...

Polarization in lower-income countries largely flows from economic and material issues, while social topics and ...

Officials in the Trump administration have floated the idea of changing how the government measures economic growth.

GDP is a construct that tells us far less about progress than the hoopla around it would suggest. India’s statistical system would fill a big void if it creates a truly useful measure of well-being.

Exports, which add to domestic production, could fall if the trade war continues and more countries respond with tariffs on ...

That prompted Trump adviser Elon Musk to muse on Friday that a “more accurate measure of GDP would exclude government spending,” on X, the platform he owns. Over the weekend, Commerce ...

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.