Understanding GDP: Why Imports Don't Actually Reduce Economic Growth
As GDP estimates the value of production in the US, imports are neither added nor subtracted conceptually. Everyone agrees ...
UPSC Issue at a Glance | Economic Survey 2024-25 Decoded — What it says, what it warns, and what it recommends
After analysing the facts, figures, and the four engines driving the Union Budget 2025 in our previous 'UPSC Issue at a ...
Office for National Statistics3d
Construction output in Great Britain: January 2025
Construction output is estimated to have increased by 0.4% in the three months to January 2025; this came solely from an increase in new work (1.4%), as repair and maintenance fell by 0.9%. The ...
White House adviser expects US GDP growth of at least 2% to 2.5% in Q1
White House economic adviser Kevin Hassett told Fox News on Wednesday that he expected U.S. gross domestic product growth to ...
Devdiscourse6d
A new era in GDP prediction: AI and GANs unlock smarter economic insights
GDP prediction is a complex task, influenced by multiple economic factors such as government expenditure, foreign direct investment (FDI), remittance inflows, inflation, and official development aid.