17-10-03

Since 2014, the US is publishing GO - Gross Output - as a complementary measure of GDP. GO is a broader measure of economic activity and serves as a complement to GDP. According to Mark Skousen, one of the world's most influential economists, who introduced the new measure in the United States, the business sector (entrepreneurship, capital investment, saving and investment) is considered far more important than consumer spending and government stimulus with GO. Download the policybrief!