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
Gross Output
Dear friends, Many of you know about my singular contribution to economics, the development of gross output (GO), the new statistic that measures spending at all stages of production, including the supply chain. I call it the “top line” in national … 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
GO Matches GDP – The Economy More Resilient Than We Thought
Washington, DC (Wednesday, September 30, 2020): On September 30, 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 – slowed dramatically … Continued
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