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GDP growth

When it comes to measuring economic welfare, GDP doesn't cut it

by Kai Ryssdal and Maria Hollenhorst
Sep 1, 2023
Gross domestic product has been the standard measure for economic growth since 1944, but it doesn't measure the quality of life.
GDP has been a global standard for measuring economic growth since 1944, but it doesn't measure economic welfare.  
Stefani Reynolds/AFP via Getty I ages
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Is GDP still a useful gauge of China's economy?

by Jennifer Pak
Jul 17, 2023
There is a longstanding debate about whether the data is accurate. Some are skeptical of government officials' projections of 5% growth.
Crowds at Chengdu city's Taikoo Li commercial district. Chinese shoppers are consuming more, but not enough to offset weakness in the real estate sector and boost the sluggish economy. (Jennifer Pak/Marketplace)
Jennifer Pak/Marketplace
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The latest GDP report shows the economy's growing — and that trouble's ahead

by Mitchell Hartman
Oct 27, 2022
Rising interest rates plus a strong dollar equals stiff economic headwinds.
While Thursday's GDP report is a positive, it looks backward, and the economy is facing powerful headwinds. 
Spencer Platt/Getty Images
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China's zero-COVID restrictions put pressure on businesses

by Jennifer Pak
Apr 15, 2022
China’s first-quarter economic data is not likely to be rosy, given the fallout of the Ukraine war and the current COVID surge.
The Yangshan Port near Shanghai. Even goods and cargo are tested for COVID-19 under China's aggressive anti-contagion policy.
Johannes Eisele/AFP via Getty Images
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