There's a little bit of confusion over India's GDP growth statistics at present. The country recently changed the way that it calculates this number and while there are, obviously, the usual teething ...

Commerce Secretary Howard Lutnick stated that governments have historically "messed" with GDP calculations, and added that he plans to separate the two and make the process more transparent. AFP ...

GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...

BEIJING (Reuters) - China's statistics bureau said on Friday that it has revised the country's domestic gross product calculation method by including contribution from heath care, tourism and new ...

The State Environmental Protection Administration (SEPA) said on Monday that 10 municipalities and provinces, including Beijing, have started work to take environmental costs into account when ...

If you ask an economics professor about what GDP is, they will tell you that it is the total value of all goods and services produced by a country at a given time. That’s a simple enough definition, ...

Howard Lutnick, the U.S. Commerce Secretary, has expressed his intent to exclude government spending from the gross domestic product (GDP) calculations. What Happened: Lutnick argued that government ...

Services to share this page. When the Commerce Department reported this morning that the Gross Domestic Product rose 1.7% from April through June, the figure was 3% higher than expected — and that’s ...