Recession Fears May Not Pass GO
GDP is slumping, but there’s a better way to gauge the economy. By Mark Skousen Originally appeared in the Wall Street Journal on Aug. 10, 2022 and on wsj.com How can the U.S. be in a recession when the … Continued
New GO Shows a Decent Recovery, Not a Severe Recession.
Washington, DC (Wednesday, June 29, 2022): Today, the federal government released gross output (GO) – the measure of total spending in the economy – for the 1st quarter 2022. Real GO rose 2.0% (after inflation). Surprisingly, GO was positive while … Continued
Fourth Quarter Gross Output Confirms Stagflation for 2022, But No Recession
Washington, DC (Wednesday, March 30, 2022): Today, the federal government released gross output (GO) – the measure of total spending in the economy – for the 4th quarter 2021. Real GO rose 3.8% (after inflation), which was another indication of a … Continued
Economy Slows, But the Outlook is Still Positive
Washington, DC (Wednesday, December 22, 2021): Today, the federal government released gross output (GO) – the measure of total spending in the economy – for the 3rd quarter. Real GO rose 4.4% (after inflation), a slowdown in the economy compared … Continued
Despite Higher Inflation, the U.S. Economy Continues to Boom: Gross Output (GO) Hits $50 Trillion!
Washington, DC (Thursday, September 30, 2021): For the first time in history, total spending in the economy, Gross Output (GO), hit $50 trillion 2021, based on the latest economic data release. Gross Output (GO) is the top line in national … Continued
While Inflation Threatens, the U.S. Economy is Firing on All Cylinders
Washington, DC (Thursday, June 24, 2021): On June 24, 2021, the federal Bureau of Economic Analysis (BEA) released data for the first quarter 2021 Gross Output (GO) – the most comprehensive measure of total spending in the economy, including the … Continued
Gross Output (GO) Growth Outpaces GDP Again to Suggest Robust Recovery
Washington, DC (Thursday, March 25, 2021): On March 25, 2021, the federal Bureau of Economic Analysis (BEA) released data for the fourth quarter 2020 gross output (GO) – the most comprehensive measure of total spending in the economy, including the … Continued
Business-to-Business (B2B) Spending Grows Faster Than GDP!
Washington, DC (Tuesday, December 22, 2020): On December 22, 2020, the federal Bureau of Economic Analysis (BEA) announced that gross output (GO) – the most comprehensive measure of total spending in the economy, including the supply chain – rose dramatically … Continued
Recognizing the Power of GO
By: Matt Benjamin | Senior Macroeconomic Analyst | The Oxford Club Who is more important to the economy, the consumer or the businessperson? This is a question with major implications for policymakers and investors alike. Conventional economic wisdom holds … Continued
GO-Day Celebration: Gross Output and GDP published on Same Day for the First Time
Dear friends, Good news! For the first time, the federal government (BEA) has released the “top line” gross output (GO) at the same time as the “bottom line” GDP. For years, publicly-traded companies have simultaneously posted the top line (sales/revenues) and the … Continued
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