GDP is the most widely reported statistic in economic data, but the headline number contains very little information about the direction or momentum of the economy. When the GDP numbers are released ...
When we ask how the economy is doing, it is important to center people, who are at the heart of the economy. People work jobs ...
Richard Heys is deputy chief economist in the Office for National Statistics, Newport, UK. For decades, economists have known that using gross domestic product (GDP) alone to guide policy is ...
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