GDP

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

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

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

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

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

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