GDP

The newest GDP release shows an increase of 1.5 percent in the second quarter of 2012, down from a 1.9 percent growth in the first quarter and three percent growth in 2011. But, as we continually ask in our Beyond GDP work: What exactly is GDP measuring? As we’ve highlighted, GDP doesn...
07/26/2012
Blog
Last week Vermont lawmakers passed groundbreaking legislation establishing a Genuine Progress Indicator (GPI) for the state. Vermont's Governor, Peter Shumlin, signed the bill this week, adding momentum to a national and global movement for going Beyond GDP in the metrics we use for...
05/09/2012
Press Release
Tamara Draut, Vice President for Policy and Programs at Demos, appeared on "Up with Chris Hayes" on MSNBC, explaining that GDP has painted an incomplete picture of America for decades.
03/05/2012
Video
When you look closer at what is happening in our society, it is clear that GDP growth has failed to deliver. For example, while GDP roughly doubled between 1980 and 2007, the distribution of all that money has left us more unequal today than at any time since the 1920s. GDP, in other words, tells...
02/21/2012
News/Resource
The fifth annual MetLife survey of American value ideals shows a significant shift from prioritizing achieving professional success and material wealth to having a greater sense of personal fulfillment, particularly among younger generations. Millennials preferred a sense of personal fulfillment...
01/31/2012
News/Resource
The 2011 fourth quarter GDP numbers released today show a 2.8 percent growth in economic activity, due in part to the increase in spending around the holidays. But, what do GDP numbers really show? A new report from Demos, Beyond GDP, looks at the flaws in our dependence on GDP as the sole measure...
01/29/2012
News/Resource
GDP measures economic growth, but is it an accurate measure of progress? While GDP has been steadily increasing, indicating a growing economy, other metrics of progress show a very different picture. Demos’ report, Beyond GDP, makes the case for why GDP is an incomplete measure and explains in...
01/25/2012
Publication
One of the fatal flaws of GDP is that it does not recognize environmental costs of economic activity, and these costs are often left for society to pay while some costs are passed down to future generations. The United States’ “ecological footprint”—its consumption of resources and burdening of...
01/25/2012
Data Byte
Growth financed by rising debt, not middle class earnings (which have been relatively flat), may be the defining trend of the economy that ran aground in 2008.
01/25/2012
Data Byte
If GDP leaves so much out, how can we really measure our progress? In fact experts have developed many types of alternative indicators that bring us closer to reality. One is the Genuine Progress Indicator, or GPI, which starts with GDP but adjusts the level growth for as many as 26 factors of...
01/25/2012
Data Byte
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