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

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 ...

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 ...

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 ...

Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...

First, our GDP-B estimates are still far from comprehensive and are not as precise as the traditional GDP measure. We will need to include far more goods and conduct more online choice experiments for ...

This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...

As an emerging research area, application of satellite-based nighttime lights data in the social sciences has increased rapidly in recent years. This study, building on the recent surge in the use of ...

Many business executives live by the creed of "What gets measured gets managed." The metrics we use channel our attention and efforts. And when it comes to global economics, no indicator monopolizes ...