I sometimes read assertions that the statistical methods used by the Commerce Department to calculate GDP no longer properly capture economic output because they don’t, for example, properly account ...

The recent changes in Wholesale Price Index (WPI) and the Index of Industrial Production (IIP) are a significant move towards making the gross domestic product or GDP growth numbers more credible.

The Federal Reserve Bank of San Francisco says our rough winter weather skewed the data on gross domestic product (GDP) growth for the first quarter. GDP grew at just two-tenths of a percent at the ...

Gross Domestic Product popularly known as (GDP) is a measure mainly used as a yardstick to gauge the economic growth of a country. Calculation of GDP: The calculation can be done in one of two ways: ...

Calculating gross domestic product (GDP) data of any country is a complex process. Ever wondered how many resources it takes to derive the single number? Before we satiate your curiosity, let's ...

Forests, fossil fuels, fields used in farming, and mineral reserves should be taken into account in calculating a country's green GDP.Marcelo Camargo/Agência Brasil President Michel Temer signed the ...

China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...

NEW DELHI: Union minister D V Sadananda Gowda today said there is "practically no manipulation" in calculating the GDP as norms and internationally agreed standards are followed for the calculation.

WASHINGTON (Reuters) - Brazil's government is considering calculating the country's potential growth rate in addition to the official GDP to show that there is room for the economy to expand robustly ...