In “Recession Fears May Not Pass GO” (op-ed, Aug. 10), Mark Skousen argues for using gross output, or GO, as a more reliable indicator of economic growth than gross domestic product. I fail to see how ...

What’s the best way to gauge the health of the economy? Gross domestic product, a measurement that calculates the value of all goods and services produced, has long been a good way to take the ...

Since World War II, most countries around the world have come to use gross domestic product, or GDP, as the core metric for prosperity. The GDP measures market output: the monetary value of all the ...

That's the claim in a piece over in the Washington Post, that Facebook and Google are counted as meaning nothing in the various economic statistics that we use to measure the economy. That's obviously ...

1. What is Gross Domestic Product? Gross Domestic Product, which is commonly known as GDP, is the value of final goods and services produced in the domestic economy in an accounting period. In order ...