A senior Labour shadow minister has suggested that the party could adopt a radically different approach to measuring the health of the economy, amid growing pressure worldwide to ditch GDP as a ...

Most measures of economic performance used by government officials to inform their policies and decisions are based on gross-domestic-product figures. But concerns have long been raised that GDP-based ...

Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...

MoSPI plans wider use of administrative datasets and surveys; back series to be released within a year of February 2026 ...

Discover how base-year analysis measures economic changes, eliminates inflation effects, and aids in financial growth ...

India is set to embrace new methodologies for measuring its Gross Domestic Product (GDP). According to the Ministry of ...

This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...

Like other facets of the federal bureaucracy, government-collected data could soon bear the imprints of the Trump administration. The change would likely prove costly for banks and other businesses.

This last piece in a 5-article series, adapted from a speech I gave at a BritishAmerican Business virtual conference in September, suggests that while GDP has served a useful purpose in terms of ...

As an emerging research area, application of satellite-based nighttime lights data in the social sciences has increased rapidly in recent years. This study, building on the recent surge in the use of ...

The good news was that the gross domestic product report came in higher than expected at 4.9% for the third quarter. The bad news was that too much of the GDP growth came from government spending. The ...