Sentences with phrase «gdp measures»

That's partly because Florida is poorer by pretty much every measure than New York, but it's also because GDP measures production, not income — and Florida's many retirees tend to drag that down on a per capita basis.

An important economic note regarding GDP: Remember that GDP measures all economic activity in the nation.

(Potential GDP measures the maximum sustainable output of the economy.)

In aggregate, the GDP measures the economic growth and health of the country.

If the authorities are willing to engage in loss - making activities to achieve the GDP growth target, there are two relevant characteristics of an economy like China's that change the nature of the GDP measure: first, economic activity is much less affected by hard - budget constraints than it is in most other economies; and second, bad debt is much less likely to be written down.

Most financial commentators focus on the debt - to - GDP measure.

It seems clear that, if we want a society that doesn't simply encourage more output and consumption, regardless of how it is produced and of how unequal the resulting distribution of income, and if our measures of performance need to reflect that, then we need to look beyond the GDP measure.

On the ordinary GDP measure my own country is more than three times wealthier than it was then.

The decrease is based on a 6.1 % growth in GDP measured against a 3.04 % increase in energy consumption.

Not exact matches

Measuring GDP is a bit complicated but the calculation can be done in one of two ways — by adding up what everyone earned in a year, or by adding up what everyone spent.

Those measures were the unemployment rate, average weekly wage, job growth rate, GDP per capita, and GDP growth rate.

Rather than judge Canada's success on abstract measures, which have little meaning to average folk — GDP, productivity, trade balances — Trudeau's candidacy is built on a pragmatic mantra: «A strong economy is the one that provides the largest number of good jobs for the largest number of Canadians.»

Those measures included unemployment rate, average weekly wage, job growth rate, GDP per capita, and GDP growth rate.

As of 2014, in terms of total tax revenue as a percentage of GDP and measured per capita, Norway came in at No. 2 out of 35 countries ($ 37,682 USD), Denmark at No. 3 ($ 30,630 USD), and Iceland came in at No. 9 ($ 20,418 USD), according to the OECD.

«Since 1850 UK living standards, as measured by GDP per head, have risen roughly 20-fold, a huge gain.

This shows up in the national accounts as a divergence between GDP, which is a measure of production, and Gross Domestic Income, which tracks aggregate income.

The Organization for Economic Co-operation and Development (estimates the country's debt - to - GDP ratio (a measure of public debt burden) at around 190 % this year.

The notion of measuring the GWB — general well - being — alongside the GDP, once the near exclusive province of the Himalayan kingdom of Bhutan, has recently gained traction with David Cameron's Tories in Britain.

«Women's contributions are even bigger when we think about the ways that aren't measured by GDP,» she says.

BIS found China's debt — measured by credit - to - GDP gap — surpassing an amount that could lead to a system fallout.

According to the OECD, U.K. GDP per capita — a measure of economic growth that divides GDP per the number of people in a country — has doubled since the country joined the EU in 1973.

The disconnect may also stem from the fact that GDP was never really designed to measure a modern economy in the first place.

GDP must take that extra value into account or else the progress won't be measured.

Housing investment is close to peak levels at more than 7 % of GDP — about the measure reached in both the late 1970s and late 1980s, Athanassakos says.

StatsCan says it's important to measure underground economic activity whenever possible so that published measures of gross domestic product (GDP) are as exhaustive they can be.

And doing so makes our GDP figure more comparable to those published by other nations, many of which are also struggling to measure what goes on in the shadows.

«What most don't understand is GDP is much more than a measure,» says Philipsen, who last year had a book published on the subject.

If you're skeptical about an «innovation index» meaning much in a practical sense, then consider this: in terms of productivity (measured by GDP per hour worked), Canada ranks far below the G7 average — a staggering 12 per cent below, in fact — and only marginally above that of the broader OECD.

But if success is to be measured by Martin's standards of relative competitiveness, productivity or per capita GDP, the whole endeavour has been a failure.

He has lots of hard evidence to back it up, too: if you measure prosperity in terms of gross domestic product (GDP) per capita, not only has Canada been lagging the States for years, but lately that «prosperity gap» has grown bigger — reaching about $ 8,900 as of 2010.

The problem is, traditional measures like consumer spending or GDP underestimate the value of this market now, because digital goods like the music industry for example, are «cannibalizing» assets, such as the CD players or record companies of old.

On their face, the added levies would boost inflation measures by one - tenth of a percentage point while reducing annual GDP growth by one or two tenths, Barclays said in a note that assumes the moves would not have massive repercussions from U.S. trading partners.

The Parliamentary Budget Office has released a report (pdf - h / t to Kady O'Malley) that makes note of the distinction between Gross Domestic Product (GDP) and Gross Domestic Income (GDI), and shows that by the latter measure, the fourth quarter of 2008 was even more dreadful than the GDP numbers that made all the headlines.

Another chapter develops a new macroeconomic measure of financial stability by linking financial conditions to the probability distribution of future GDP growth and applies it to a set of 20 major advanced and emerging market economies.

Since the 1990s, the total taxation of the Swedish economy as a percentage of GDP has fallen more than 5 %, while labor market reforms, such as Denmark's cutting of unemployment benefits have helped Scandanavian economies rocket up measures of economic freedom.

From an economic policy perspective, pre-tax income is the measure of the economic effect of additional family income on gross domestic product, or GDP.

First, although it should be clear that neither GDP is «correct» as a true measure of wealth creation, I think there are good reasons to argue that the difference in real wealth creation might be greater than the difference in GDP — in other words that U.S. wealth creation is higher relative to U.S. GDP than China's wealth creation is relative to China's GDP — and it is this adjusted GDP, representing real wealth creation, whose value must be discounted to determine the economic «wealth» of each country.

Then, inflation measures are used as a way to turn NGDP into RGDP (real GDP).

Gross domestic product (GDP) is meant to measure the dollar value of everything produced in the United States.

Gross Domestic Product (GDP) is a broad measure of the economy that measures the retail value of goods and services produced in a country.

The growth in asset purchases, whether measured in absolute terms or relative to GDP, is truly enormous, and is no doubt responsible for much of the shock and awe that UMP has attracted.

The GDP is frequently used to measure the country's wealth and how fast profits are growing.

In addition, PBO's forecast for nominal gross domestic product (GDP)-- the broadest measure of the federal tax base - is considerably lower than the average of the private sector economists» forecasts released by the Minister of Finance on October 29, 2012.

Let me share a comment from Dr. Hall, which will put this GDP fantasy to bed (You can read his full comments on the «recessions» page of www.nber.org (click here) He writes: «Because a recession influences the economy broadly and is not confined to one sector, the committee emphasizes economy - wide measures of economic activity.

Moderate interest rates were associated with a whole range of subsequent returns over the following decade, and we know that those outcomes were 90 % correlated with the level of valuations at the beginning of those periods (on reliable measures such as market cap / GDP, price / revenue, Tobin's Q, the margin - adjusted Shiller P / E, and others we've presented over time - see Ockham's Razor and the Market Cycle).

The more appropriate measure of financial repression is not the deflator, whichever one we choose to use, but rather very roughly the gap between the nominal lending rate and the nominal GDP growth rate, the latter of which broadly represents the return on investment within the economy.

As an alternative to GDP, we might prefer a valuation measure that captures corporate final sales generated domestically, plus the estimated final sales that U.S. companies generate in their activities abroad.

GDP is the broadest measure of an economy's health, reflecting the value of all the goods and services a nation produces.

We find that in market cycles across history, this new measure is better correlated (92 %) with actual subsequent S&P 500 nominal total returns than even the S&P 500 price / revenue ratio and market capitalization / nominal GDP.

The only thing austerity measures are shrinking is the country's GDP.