Every 90 days we breathlessly await the latest GDP estimates to see how the economy is doing. Actually, this measure is flawed. There’s a better one called Gross Output. Trouble is, Washington ...

The textbooks generally point out five problems with using GDP as a measure of well-being: GDP counts "bads" as well as "goods." When an earthquake hits and requires rebuilding, GDP increases.

Gross domestic product (GDP) is an important tool for measuring how a country's economy is doing. It lets governments work out how much they can afford to tax and spend, and helps businesses ...

The U.S. economy, we are told, is booming. In the past two quarters, gross domestic product has risen by more than 3%, the stock market is soaring and unemployment is down to a 17-year low of 4.1%.

Description. Author and professor Jeremy Haft explained how Gross Domestic Product (GDP) is measured and alternatives to using this economic indicator as measurement for a nation's economy.

GDP Is a Bad Measure of Our Economy—Here’s a Better One. 6 minute read. Getty Images. Ideas. By Georgia Levenson Keohane / New America. April 19, 2015 10:30 AM EDT.

BBC News explains how your daily activities can influence the calculation of GDP, or Gross Domestic Product, a key economic indicator.

As a very general picture of production and consumption, GDP is, after all, a huge improvement on the scattershot numbers that came before the Great Depression of the 1930s.

For decades gross domestic product — or GDP — has been first among equals. The measure of how much all the goods and services a country produces in a year are worth. GDP is not without its ...

A basic guide to how the health of the economy is measured, and why that calculation matters. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please ...

A new report from Demos, Beyond GDP, addresses the shortcomings of GDP and challenges the way we measure our economic growth, and in turn our overall progress. Beyond GDP highlights the failure of GDP ...