The International Comparison Program (ICP) comparisons of gross domestic product (GDP) are based on the value of an individual item equaling the product of its price and quantity (that is, the ...

Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. Wooden blocks with the word GDP and up and down arrows. An ...

Learn how the Personal Income and Outlays report from the BEA offers insights into consumer spending, income, and economic trends—critical for smart financial decisions.

A study found that implementing a global universal basic income could boost global GDP by 130%. Funding a global UBI with a carbon tax would also promote sustainability, the study's authors say. Basic ...

This Technical Assistance report on Cayman Islands focuses on improving estimates of gross domestic product (GDP). One activity flagged by the Economics and Statistics Office (ESO) as an area for ...

In the last few months, there have been talks about rebasing the two important economic indicators, the Gross Domestic Product (GDP) and the Consumer Price Index (CPI). While the GDP calculates the ...

Giving a regular cash payment to the entire world population has the potential to increase global gross domestic product (GDP) by 130%, according to a new analysis. Researchers suggest that charging ...

Nearly all major U.S. economic indicators—including income, productivity, stock prices, jobs and gross domestic product (GDP)—show growth under Democratic Party presidents, reflecting a "startlingly ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Eric's career includes extensive work ...