What GDP is and why it matters?
(NEW YORK) --The threat of a looming recession has heightened interest in the most commonly used measure of economic health: Gross domestic product, or GDP. The metric commands attention as an all-in-one report card that signals whether the economy is awash in prosperity, mired in disaster or shuffling forward somewhere between the two. While imperfect, GDP carries implications for real-world outcomes of everyday people, such as their risk of unemployment […]