Of all the dubious claims uttered recently by Elon Musk, I have yet to see a more interesting one than his tweet asserting ...
There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's ...
GDP helps measure economic health and growth. Put together, GDP is the total market value of all the goods and services produced within a country’s borders during a year. GDP is a crucial ...
As GDP estimates the value of production in the US, imports are neither added nor subtracted conceptually. Everyone agrees ...
A country’s Gross Domestic Product (GDP) is the standard measure of the total value of all goods and services produced within ...
The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts
Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product.
Welfare measurement is among the most fundamental questions in economics. Policymakers and others use gross domestic product ...
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 ...
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?
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