There are two main ways to measure GDP: by measuring spending or by measuring income. And then there's real GDP, which is an ...

Gerd Altmann/Pixabay.com (CC0-PD) Gross Domestic Product (GDP) is an economic indicator that focuses on the value of goods and services a country produces. Gross National Income (GNI) includes ...

Sanghnomics: The relevance of GDP as a measure of prosperity is questioned by experts, highlighting its limitations in ...

Not all productive activity is included in GDP. For example, unpaid work (such as that performed in the home or by volunteers) and black-market activities are not included because they are difficult ...

The main measure typically used to assess economic progress is gross domestic product (GDP), which measures goods and services produced. Yet the world needs a broader metric to assess the ...

They tell us next to nothing about what is actually going on. The GDP is simply a gross measure of market activity, of money changing hands. It makes no distinction whatsoever between the ...

The writer has served as Chief Economic Adviser to GoI and is Professor at the Indian School of Business Doubts are often raised by some economists over the veracity of India’s GDP estimates.

The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding ...

There are two main ways to measure GDP: by measuring spending or by measuring income. And then there's real GDP, which is an adjustment that removes the effects of inflation so that the economy's real ...