E = mc2 remains an equation upon which monumental advancements in man’s understanding of his world have been developed. Yet the fundamental representation of what produces Gross Domestic Product (GDP) ...

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 ...

You may have read last week that Canada's real gross domestic product grew at a 2.5-per-cent annual rate in the first quarter, a pretty good showing in light of the current economic slowdown. Compared ...

Below is the July 20th “Thoughts from the Frontline” newsletter, republished in full. “Measurement theory shows that strong assumptions are required for certain statistics to provide meaningful ...

Which is better for a country's well-being: $10 million spent constructing a jail, or $10 million spent producing a line of smartphones? How about clear-cutting rain forests to produce $10 million in ...

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 ...

India is preparing for one of its most significant statistical overhauls in years as the government moves to update its GDP ...

One doesn’t usually think of the late 1970s as an economic boom time. Unemployment and inflation in the US were at record highs. In the UK, the winter of 1978-79 became known as the ‘winter of ...

BEIJING (Reuters) - China's statistics bureau said on Friday that it has revised the way it calculates the country's gross domestic product by including contributions from health care, tourism and ...

Like other facets of the federal bureaucracy, government-collected data could soon bear the imprints of the Trump administration. The change would likely prove costly for banks and other businesses.