The Covid-19 pandemic has led to a serious recession of the U.S. economy. It is not a usual recession.
Tag Archives: gdp
A narrow focus on the gross domestic product as a measure of well-being is misleading, but economic growth is still important to achieve prosperity and sustainability
In the past, too much emphasis has sometimes been placed on gross domestic product (GDP) as a measure of well-being. Other indicators – such as health, education, CO2 emissions or the sustainable use of natural resources are equally important and should complement GDP. However, a complete departure from GDP or an end to economic growth would not be good ideas. Economic growth is an important determinant of prosperity and sustainability.
The Italian Economy: Rebound in output and employment will take time
As in many other countries, the Covid-19 pandemic and the strict national containment measures have led to a severe drop in economic output in Italy.
The French Economy: The recovery started but will take time
As in many other countries, the Covid-19 pandemic and the strict national containment measures have led to a severe drop in economic output in France.
The current U.S. recession in historical perspective
The Covid-19 pandemic has led to a serious recession of the U.S. economy. It is not a usual recession.
The U.S. Economy – what caught my eye this week: The Beige Book, Inflation, and Industrial Production
The U.S. Economy – what caught my eye this week: The Beige Book, Inflation, and Industrial Production
The Spanish Economy: Dramatic recession in the spring, but hopefully we will see a strong rebound
As in many other countries, the Covid-19 pandemic and the strict national containment measures have led to a severe drop in economic output in Spain.
The U.S. Economy – what caught my eye this week: The Beige Book, Inflation, and Industrial Production
The U.S. Economy – what caught my eye this week: The Beige Book, Inflation, and Industrial Production
The Canadian Economy: Gradual recovery on the way
As elsewhere, the Covid-19 pandemic has led to a dramatic recession in Canada.
The World Economy – what caught my eye this week: China’s economy grows by 3.2 percent in the second quarter of 2020
The World Economy – what caught my eye this week: China’s economy grows by 3.2 percent in the second quarter of 2020