A recent investment bank research article suggested that generative AI could drive a 7% uptick in global GDP. What if, though, such statements were a kind of category error? What if AI were so ...

For many years now, the GDP has been severely criticized as not adequately measuring economic progress and the quality of life. The truth, however, is that the GDP was not designed to measure human ...

The price of eggs might mean more to some Americans than what's going on with GDP. Scott Olson/Getty Images The Bureau of Economic Analysis released the latest U.S. gross domestic product data on ...

Learn how GDP measures U.S. economic growth and its role in policy and budget planning by the Bureau of Economic Analysis.

But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...

Editor’s Note: The video above shows KXAN News Today’s top headlines for March 30, 2023. AUSTIN (KXAN) — In March 2018, the City of Austin adopted its Strategic Direction 2023 (SD23) plan, a five-year ...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Sophie Mitra, Fordham University (THE CONVERSATION) The Bureau of Economic Analysis ...