This just out on WSJ.com – and will make the printed copy on April 5, 2024
The Wall Street Journal has accepted all four of my op eds on GO over the years. They are believers! Slow GO May Mean a Recession Soon: GDP numbers look great, but a leading indicator signals trouble ahead. https://www.wsj.com/articles/slow-go-may-mean-a-recession-soon-us-economy-real-gross-output-65c4f1fd?mod=commentary_article_pos3 … Continued
Business Stagnates While GDP Advances 3.4% – Downturn Still Looming for 2024
“By integrating the vital role of the supply chain into national income accounting, Mark Skousen’s development of gross output (GO) has created a more dynamic and broader view of the economy, and of the central role that business plays in … Continued
Real GO Jumps 3.5%, But Danger Signs Remain
“By integrating the vital role of the supply chain into national income accounting, Mark Skousen’s development of gross output (GO) has created a more dynamic and broader view of the economy, and of the central role that business plays in … Continued
Gross Output Indicates Slow Growth, But Recession is Still Threatening
“By integrating the vital role of the supply chain into national income accounting, Mark Skousen’s development of gross output (GO) has created a more dynamic and broader view of the economy, and of the central role that business plays in … Continued
Three Nobel Prize Winners Endorse New Macro Statistic
by Mark Skousen I now have three Nobel prize winners who are encouraging my development of gross output (GO) as the “top line” in national income accounting, as a complement to GDP as the “bottom line”: … Continued
GO Growth Stalls at the End of 2022, Indicating a Potential Recession in 2023
“By integrating the vital role of the supply chain into national income accounting, Mark Skousen’s development of gross output (GO) has created a more dynamic and broader view of the economy, and of the central role that business plays in … Continued
GO BEYOND GDP: WHY BUSINESS IS THE REAL DRIVER OF THE ECONOMY – SCHUMPETER LECTURE 2017
In November, 2017, I was invited to give the annual Schumpeter Lecture in Stockholm, Sweden. “It is, however, the producer who as a rule initiates economic change and consumers are educated by him if necessary; they are, as it … Continued
GO Slow: US Economic Growth Slumps in 2022 (But No Recession – Yet)
Washington, DC (Thursday, December 22, 2022): Today, the federal government released its quarterly gross output (GO) data, as well as GDP third estimate for the third quarter 2022. The Bureau of Economic Analysis (BEA) revised third quarter real GDP growth … Continued
Supply Chain Business Still Growing: Recession Fears May Not Pass GO
Washington, DC (Thursday, September 29, 2022): Today, the federal government released gross output (GO) – the measure of total spending in the economy – for the second-quarter 2022. Inflation-adjusted real GO increased 1.6% in the second period 2022. While this marks … Continued
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
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