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 ...

Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...

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 ...

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 ...

How is the economy doing? You can’t give a single straightforward answer to my question. Instead, your answer will depend on how you measure economic performance and on whether your measurement is ...

The U.S. economy slowed at the start of 2023, suggesting that an aggressive series of interest rate hikes at the Federal Reserve has cooled business activity even as the stock and job markets have ...

(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 ...

The data arrives amid interest rate hikes and strong job gains. The U.S. economy slowed at the start of 2023, suggesting that an aggressive series of interest rate hikes at the Federal Reserve has ...