Economic growth refers to the increase in goods and services production over set periods, often measured by GDP or GNP, ...

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 ...

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 ...

When folks speak about fuel economy, quoting IFTA, pen-to-paper, dash readouts and daily vs. 30-day, do we really understand what the data is reporting? These are all different, and rarely will they ...

One of the most remarkable speeches that Robert F. Kennedy made was about what’s wrong with using traditional economic measures as gauges of our success as a society: “We will find neither national ...

We've another of those attempts to tell us that we should be measuring something other than Gross Domestic Product as an indicator of how well we're doing as a society. Like most such attempts there's ...

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 ...

I discuss the importance of understanding where the economy is in the business cycle for investors, highlighting the difficulty in predicting recessions. I suggest that GDPplus, a model introduced by ...