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 ...

BEIJING -- China's National Bureau of Statistics (NBS) has adopted a new method of calculating GDP that it says "better reflects the contribution of innovation to economic growth." Research and ...

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 ...

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

There's a little bit of confusion over India's GDP growth statistics at present. The country recently changed the way that it calculates this number and while there are, obviously, the usual teething ...

A recent Wall Street Journal headline lamented a scenario in which “Europeans Don’t Spend, Auguring a Recession.” Are journalists the problem, or sub-editors writing the headlines, or might it be that ...

If you ask an economics professor about what GDP is, they will tell you that it is the total value of all goods and services produced by a country at a given time. That’s a simple enough definition, ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Pete Rathburn is a copy editor and ...

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 ...

Services to share this page. When the Commerce Department reported this morning that the Gross Domestic Product rose 1.7% from April through June, the figure was 3% higher than expected — and that’s ...

The revised base for calculation of inflation will be 2024, and IIP will be 2022-23. It may be noted that the first advance ...