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The Conversation USA

The US needs to get over its obsession with GDP

  • Written by Sophie Mitra, Professor of Economics, Fordham University

The Bureau of Economic Analysis on July 27 released the GDP growth rate for the second quarter of 2018: 4.1 percent.

GDP – or gross domestic product – is the rate at which the total value of goods and services produced in the U.S. grew. Together with unemployment and inflation, it usually receives a lot of attention as an indicator of...

Read more: The US needs to get over its obsession with GDP

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