The final goods or services used to compute GDP (Gross Domestic Product) are those that are purchased by the end user and not ...

I sometimes read assertions that the statistical methods used by the Commerce Department to calculate GDP no longer properly capture economic output because they don’t, for example, properly account ...

Commerce Secretary Howard Lutnick stated that governments have historically "messed" with GDP calculations, and added that he plans to separate the two and make the process more transparent. AFP ...

Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...

GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...

The difference between nominal GDP and real GDP highlights the importance of understanding inflation. Inflation erodes the purchasing power of money and distorts economic statistics. By adjusting for ...

China has revised the way it measures the size of its economy, the first such change since 2002, in what it says is an effort to better align its data with international standards. The adjusted ...

FreightWaves features Market Voices – a forum for voices with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical ...

The Cabinet Office said it usually uses data from January and February to estimate some figures for March but it will take available data from industries for the month in calculating GDP for the first ...