• About Us
    • Advertise With Us
    • Contact Us
    • News Archives – View All Posts
    • Privacy Policy
    • Terms of Use
    • Real News, Real Time, Real Struggle: How I Built a Global News Platform Against All Odds
  • White House
    • The Articles of Confederation
    • The Bill of Rights
    • The Declaration of Independence
    • United States Constitution
    • Office of the Historian
    • POTUS
  • Executive
    • The Cabinet
    • Department of Agriculture
    • Department of Commerce
    • Department of Defense
    • Department of Education
    • Department of Energy
    • Department of Health and Human Services
    • Department of Homeland Security
    • Department of Housing and Urban Development
    • Department of the Interior
      • National Park Service
        • Mount Rushmore National Memorial
        • Yellowstone National Park
          • The Mammals of Yellowstone
    • Department of Justice
    • Department of Labor
    • Department of State
    • Department of the Treasury
    • Department of Transportation
    • Department of Veterans Affairs
  • Judicial
    • Federal Courts & the Public
    • Supreme Court
    • SCOTUS
    • US Court Website Links
  • Legislative
    • United States House of Representatives
    • United States Senate
    • Congress
  • Dear Mary
  • Login
  • Support Our Publication
  • Twitter
Skip to content
  • Twitter
USNN World News

USNN World News

Real News, Real Time

  • About Us
    • Advertise With Us
    • Contact Us
    • News Archives – View All Posts
    • Privacy Policy
    • Terms of Use
    • Real News, Real Time, Real Struggle: How I Built a Global News Platform Against All Odds
  • White House
    • The Articles of Confederation
    • The Bill of Rights
    • The Declaration of Independence
    • United States Constitution
    • Office of the Historian
    • POTUS
  • Executive
    • The Cabinet
    • Department of Agriculture
    • Department of Commerce
    • Department of Defense
    • Department of Education
    • Department of Energy
    • Department of Health and Human Services
    • Department of Homeland Security
    • Department of Housing and Urban Development
    • Department of the Interior
      • National Park Service
        • Mount Rushmore National Memorial
        • Yellowstone National Park
          • The Mammals of Yellowstone
    • Department of Justice
    • Department of Labor
    • Department of State
    • Department of the Treasury
    • Department of Transportation
    • Department of Veterans Affairs
  • Judicial
    • Federal Courts & the Public
    • Supreme Court
    • SCOTUS
    • US Court Website Links
  • Legislative
    • United States House of Representatives
    • United States Senate
    • Congress
  • Dear Mary
  • Login
  • Support Our Publication
  • Highlights
  • Economy
  • Healthcare
  • Immigration
  • National Security & Defense
  • Department of Justice
  • Supreme Court
  • Congress
  • Opinion
  • National News
  • World

Tag: Gross Domestic Product (GDP)

Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period by countries. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the per capita GDP and the same is called Mean Standard of Living.

GDP definitions are maintained by a number of national and international economic organizations. The Organization for Economic Co-operation and Development (OECD) defines GDP as “an aggregate measure of production equal to the sum of the gross values added of all resident and institutional units engaged in production and services (plus any taxes, and minus any subsidies, on products not included in the value of their outputs)”. An IMF publication states that, “GDP measures the monetary value of final goods and services—that are bought by the final user—produced in a country in a given period of time (say a quarter or a year).”

GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the “world’s most powerful statistical indicator of national development and progress”. However, critics of the growth imperative often argue that GDP measures were never intended to measure progress, and leave out key other externalities, such as resource extraction, environmental impact and unpaid domestic work. Critics frequently propose alternative economic models such as doughnut economics which use other measures of success or alternative indicators such as the OECD’s Better Life Index as better approaches to measuring the effect of the economy on human development and well being.

White House Vows to Veto House Republican’s Pro-Fossil Fuel Energy Package
Posted inEconomy

White House Vows to Veto House Republican’s Pro-Fossil Fuel Energy Package

Avatarby USNN2020March 27, 2023March 27, 2023
Millennials Dominate Insolvencies as Credit Card, Student Loan, CERB Tax Debts Add Up
Posted inEconomy

Millennials Dominate Insolvencies as Credit Card, Student Loan, CERB Tax Debts Add Up

Avatarby USNN2020March 26, 2023March 26, 2023
Billionaire Investor Warns Economy Heading for ‘Train Wreck’ After Fed’s Latest Move
Posted inEconomy

Billionaire Investor Warns Economy Heading for ‘Train Wreck’ After Fed’s Latest Move

Avatarby USNN2020March 25, 2023February 27, 2025
Shoppers Buying Groceries at Dollar Stores as Food Inflation Persists
Posted inEconomy

Shoppers Buying Groceries at Dollar Stores as Food Inflation Persists

Avatarby USNN2020March 23, 2023June 30, 2024
Investor Carl Icahn Issues Grim Warning on US Economy
Posted inEconomy

Investor Carl Icahn Issues Grim Warning on US Economy

Avatarby USNN2020March 17, 2023March 27, 2025
US Inflation Eases to 6 Percent, Lowest Level Since September 2021
Posted inEconomy

US Inflation Eases to 6 Percent, Lowest Level Since September 2021

Avatarby USNN2020March 14, 2023February 27, 2025
Biden Budget Would Lead to Record National Debt: Watchdog
Posted inEconomy

Biden Budget Would Lead to Record National Debt: Watchdog

Avatarby USNN2020March 10, 2023January 22, 2025
US Economy Adds 311,000 New Jobs as Labor Growth Remains Strong
Posted inEconomy

US Economy Adds 311,000 New Jobs as Labor Growth Remains Strong

Avatarby USNN2020March 10, 2023June 11, 2024
Trump Tells CPAC Expect Action, Innovation, End of ‘Wokeness’ in His 2nd Term
Posted inNational News

Trump Tells CPAC: Expect Action, Innovation, End of ‘Wokeness’ in His 2nd Term

Avatarby USNN2020March 6, 2023February 27, 2024
Biden Wants His Record Out There as 2024 Approaches
Posted inNational News

Biden Wants His Record Out There as 2024 Approaches

Avatarby USNN2020March 2, 2023February 18, 2025
‘Large Drops’ in American Consumer Confidence as Recession Signal Strengthens
Posted inEconomy

‘Large Drops’ in American Consumer Confidence as Recession Signal Strengthens

Avatarby USNN2020March 1, 2023April 30, 2024
2023 Tech Layoffs on Pace to Surpass Last Year’s by 300 Percent
Posted inBusiness

2023 Tech Layoffs on Pace to Surpass Last Year’s by 300 Percent

Avatarby USNN2020February 26, 2023February 27, 2025

Posts pagination

Newer posts 1 … 46 47 48 49 50 … 52 Older posts

NATIONAL NEWS

  • Lara Logan Quitting Big Tech, Accuses It of ‘Glorifying’ Pedophile ContentLara Logan Quitting Big Tech, Accuses It of ‘Glorifying’ Pedophile Content
    By Naveen Athrappully Journalist Lara Logan has announced that she intends to quit big tech social media platforms Twitter, Facebook, and Instagram, accusing the networks of ...
  • Rumble CEO Offers Joe Rogan $100 Million: ‘This Is Totally Legit’Rumble CEO Offers Joe Rogan $100 Million: ‘This Is Totally Legit’
    By Jack Phillips Video-sharing platform Rumble on Monday offered podcast host Joe Rogan $100 million to bring his discussions to an uncensored forum in the midst of ...
  • FDA, Doctors’ Group Reach Agreement on Production of Pfizer Vaccine DocumentsFDA, Doctors’ Group Reach Agreement on Production of Pfizer Vaccine Documents
    By Zachary Stieber A group seeking all the documents analyzed by U.S. drug regulators before approving Pfizer’s COVID-19 vaccine has reached an agreement with the government ...
  • White House Pushes Back on China-Russia Joint StatementWhite House Pushes Back on China-Russia Joint Statement
    By Nick Ciolino The White House offered some pushback Friday to a joint statement issued by Beijing and Moscow. Russia’s Vladimir Putin met with China’s Xi Jinping ...
  • Pentagon Responds to DoD Whistleblowers’ Claim of Spiking Disease Rates in the Military After COVID Vaccine MandatePentagon Responds to DoD Whistleblowers’ Claim of Spiking Disease Rates in the Military After COVID Vaccine Mandate
    By Enrico Trigoso Three United States military doctors have blown the whistle on documents allegedly from The United States Department of Defense (DoD) that they ...
  • NYPD, FDNY, DSNY Members to Be Fired Unless They Comply With Vaccine MandateNYPD, FDNY, DSNY Members to Be Fired Unless They Comply With Vaccine Mandate
    By Enrico Trigoso Unvaccinated NYPD, FDNY, and DSNY (New York Department of Sanitation) members will be terminated on Feb. 11, unless they comply with the city’s COVID-19 vaccine ...
  • Grassley Challenges Garland to Explain Why He Won’t Answer Key Biden–China QuestionsGrassley Challenges Garland to Explain Why He Won’t Answer Key Biden–China Questions
    By Mark Tapscott Attorney General Merrick Garland has refused to answer Sen. Charles Grassley’s (R-Iowa) “fundamental questions related to the Hunter Biden criminal investigation,” and the top Republican ...
  • Trump on Durham Probe: ‘I Hear There’s a Lot Coming’Trump on Durham Probe: ‘I Hear There’s a Lot Coming’
    By Ivan Pentchoukov and Kash’s Corner Former President Donald Trump has heard that “there’s a lot coming” from the wide-ranging investigation led by Special Counsel John Durham, who is probing ...
  • Secret sexual relationship revealed prompting CNN president to quitSecret sexual relationship revealed prompting CNN president to quit
    By Joe Kovacs Jeff Zucker, the president of CNN, shocked the media world Wednesday with his sudden announcement that he was quitting the cable news ...
  • DeSantis strikes against Biden immigration policy with amended lawsuitDeSantis strikes against Biden immigration policy with amended lawsuit
    By Heather Hamilton, Social Media Reporter Florida Gov. Ron DeSantis and Attorney General Ashley Moody filed an amended complaint saying the Biden administration’s latest immigration policy is unlawful. The new policy, called “Parole ...
  • 499 Arizonans Claim Stores as Legal Residences: 110 Voted in 2020, Study Finds499 Arizonans Claim Stores as Legal Residences: 110 Voted in 2020, Study Finds
    By Steven Kovac A study released on Jan. 31 by the nonpartisan Public Interest Legal Foundation (PILF) has revealed many irregularities on Arizona’s voter rolls. Records examined in Maricopa County found ...
  • Durham Filing Rebuts Inspector General Horowitz’s Claims on Missing Cellphones, Hints at Growing RiftDurham Filing Rebuts Inspector General Horowitz’s Claims on Missing Cellphones, Hints at Growing Rift
    By Jeff Carlson and Hans Mahncke News Analysis A supplemental court filing by special counsel John Durham confirms previous reporting that Department of Justice (DOJ) Inspector General Michael Horowitz concealed crucial information from Durham in ...
  • <<
  • 1
  • ...
  • 293
  • 294
  • 295
  • 296
  • 297
  • 298
  • 299
  • 300
  • 301
  • 302
  • 303
  • ...
  • 541
  • >>
USNN World News
  • Twitter
  • About Us
  • Advertise With Us
  • Contact Us
  • Dear Mary
  • Invest in the Future of Digital Journalism
  • News Archives – View All Posts
  • Privacy Policy
  • Terms of Use
  • Support Our Publication
  • Arizona
  • California
  • Florida
  • Georgia
  • Michigan
  • Nevada
  • New Hampshire
  • New York
  • Oregon
  • Pennsylvania
  • Texas
  • Washington DC
  • Wisconsin
  • White House
  • Office of the Historian
  • The Articles of Confederation
  • The Bill of Rights
  • The Declaration of Independence
  • United States Constitution
  • United States House of Representatives
  • United States Senate
  • US National Debt Clock
  • Congress
  • Department of Government Efficiency (DOGE)
  • Department of Justice
  • Economy
  • Entertainment
  • Executive Branch
  • Immigration
  • Judicial Branch
  • Judicial Watch
  • Legislative Branch
  • Life, Nature and Tradition
  • National News
  • National Security & Defense
  • News Archives
  • Opinion
  • Sports
  • The Wall
  • United States
  • Weather
  • World
© 2025 USNN World News Corporation Powered by USNN World News Privacy Policy