How important is a nation’s AI computing power to overall economic success?
A series of comments from Trump officials in recent days raised concerns that the administration may try to look differently at a key economic measure of America's economic health: the quarterly ...
Recently, some methodological issues have been raised related to coverage in National Accounts Statistics (NAS). Key issues include use of an outdated GDP base year (2011-12), periodic discrepancies ...
Assessments of the world’s economies may be off by trillions of dollars. The existing metrics for GDP, consumer prices, productivity, and the like are struggling to match the rapid pace of change in ...
In a parallel development, States and Union Territories will also revise the base year for Gross State Domestic Product (GSDP ...
Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Eric's career includes extensive work in both public and ...
Welfare measurement is among the most fundamental questions in economics. Policymakers and others use gross domestic product (GDP) as a proxy for welfare, but this application does not reflect the ...
The week ahead begins with Martin Luther King Jr. Day, a moment that invites reflection not only on civil rights, but on how economic systems function – and malfunction – when opportunity is unevenly ...