Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...

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

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 ...

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.

How should we measure changes in an economy's standard of living, or compare living standards across countries? Typically, economists use GDP per capita as a proxy for a country's standard of living, ...

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

Backed by the UN trade and development agency, UNCTAD and other partners, the “Beyond GDP” initiative acknowledges a warning from Secretary-General Antonio Guterres that global policy making is ...

MEASURING output is the best way we have of taking the temperature of an economy. But the industry standard, gross domestic product (GDP) has a host of weaknesses. It is reliant on an arbitrary ...

"While the GDP provides a broad measure of economic output, it is less effective at capturing the nuances of economic well-being, particularly for individuals and households," Ludwig said. "GDP was ...