Everything's an economic indicator these days — from offbeat numbers on restaurant reservations and visits to the Statue of ...
A recent investment bank research article suggested that generative AI could drive a 7% uptick in global GDP. What if, though, such statements were a kind of category error? What if AI were so ...
The vision for the circular economy is to decouple economic growth from the use of global resources. Naturally, circularity raises multiple questions for industry, including waste management, consumer ...
When folks speak about fuel economy, quoting IFTA, pen-to-paper, dash readouts and daily vs. 30-day, do we really understand what the data is reporting? These are all different, and rarely will they ...
The economic numbers that government statisticians routinely produce matter. Statistics are fundamental to understanding what is going on in the economy, including the health of the job market, the ...
Just a thought: what if we stopped measuring the economy by the state of the stock market and started measuring it based on how many people are housed and clothed and fed? Robert Reich asks why we ...
But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...
As they say, you manage what you measure. Accordingly, an entire industry has developed around performance measurement and performance management. Popular tools include the Balanced Scorecard, ...
Learn how consumer spending drives economic performance, measures, and its role in GDP; essential for investors, businesses, and policymakers alike.