The gross domestic product (GDP) of a nation is an estimate of the total value of all the goods and services it produces during a specific period, usually a quarter or a year. Its greatest use is as a ...

This is an instructive story about the metrology of macroeconomic measurements. From the point of view of hard sciences, the economics profession does a great counterproductive work in order to hide ...

Toby Walters is a financial writer, investor, and lifelong learner. He has a passion for analyzing economic and financial data and sharing it with others. Vikki Velasquez is a researcher and writer ...

This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...