Economic indicators

GDP and other measures of paid activity in the economy are extremely valuable as a gauge of how money flows and the resources available for households and government to consume and to invest.

Opinion & Features

THE BROAD VIEW

The perils in the search for the perfect GDP alternative

Statistical agencies trip up when they attempt to weigh the values of good and bad in society

There were likely 818,000 fewer non-farm payroll jobs created in the 12 months to March 2024 than what the Bureau of Labor Statistics had previously announced.

Opinion & Features

The jobs numbers went down, but trust in them shouldn’t

When government agencies revise their data, as the US’ Bureau of Labor Statistics did last month, it usually means they have more reliable information

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