Recently, some methodological issues have been raised related to coverage in National Accounts Statistics (NAS). Key issues include use of an outdated GDP base year (2011-12), periodic discrepancies ...

A series of comments from Trump officials in recent days raised concerns that the administration may try to look differently at a key economic measure of America's economic health: the quarterly ...

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought and ...

Assessments of the world’s economies may be off by trillions of dollars. The existing metrics for GDP, consumer prices, productivity, and the like are struggling to match the rapid pace of change in ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Eric's career includes extensive work in both public and ...

Of all the current divides in American society, among the most far-reaching and historically significant is also the least discussed: the gap between the primary measure by which we officially gauge ...

President Trump has begun to assert greater control over U.S. economic policies and the methods by which their success is measured. This move represents a significant shift in how the administration ...

BEIJING (Reuters) - China's statistics bureau said on Wednesday it has changed the way quarterly gross domestic product data is calculated, a move it calls a step to adopt international standards and ...