A senior Labour shadow minister has suggested that the party could adopt a radically different approach to measuring the health of the economy, amid growing pressure worldwide to ditch GDP as a ...

The Commerce Department’s Bureau of Economic Analysis last week released its “advance estimate” of U.S. Gross Domestic ...

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?

The gross domestic product (GDP) price deflator measures the amount by which total output is reduced by inflation. The GDP deflator formula includes the value of all final goods, including exports.

When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP. This week, the Commerce Department announced the U.S. had ...

Mira Norian / Investopedia GDP per capita is a metric that indicates an economy's gross domestic product per person, used as a measure of prosperity. Gross domestic product (GDP) per capita is an ...