There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final... Can we just change how we measure GDP? There's one ...

How should we measure changes in an economy's standard of living, or compare living standards across countries? Typically, economists use GDP per capita as a proxy for a country's standard of living, ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Robert Kelly is managing director of XTS Energy LLC, and has more than three ...

The U.S. Gross Domestic Product for the second quarter of 2025 was revised upward to a 3.8% increase, said a report from the Bureau of Economic Analysis.