In “Recession Fears May Not Pass GO” (op-ed, Aug. 10), Mark Skousen argues for using gross output, or GO, as a more reliable indicator of economic growth than gross domestic product. I fail to see how ...
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 transactions, so all the goods or services bought and ...
Development Secretary Mitch Carmichael gave lawmakers a rundown of positive signs for West Virginia’s economy, including improved jobs numbers, steady improvement for gross domestic product and ...
Consumption is an always effect of what actually matters: production. It’s a reminder that while “supply siders” are increasingly ridiculous, “supply-side economics” is a statement of the obvious: the ...
The U.S. economy emerged from the pandemic even more quickly than previously reported, revised data from the federal government shows. The Commerce Department on Thursday released updated estimates of ...
GDP is a measure of whether the economy is expanding or contracting. While this factor can’t be taken alone, negative GDP is a strong indicator of a future recession. Investors should develop an ...
They say a person with a wristwatch always knows what time it is but a person with two wristwatches is never quite sure. Which watch is telling the right time? We have the same problem with the two ...
Stocks hit all-time highs after data revealed the US economy grew faster than expected during the latest quarter, boosted by strong consumer spending and big investments in artificial intelligence ...
THE Trinidad and Tobago Coalition of Services Industries (TTCSI) says national budget measures to boost the services sector, ...