✉news BusinessEconomy first seen 1 d ago, last 1 d ago, peak #28
Interest grows in net domestic product as economic measure
Original: Net domestic product
Net domestic product, the value of a country's output after subtracting depreciation of capital goods, is drawing attention in economic discussions, with data available through the Federal Reserve Bank of St. Louis's FRED database. Analysts point out it offers a different picture than gross domestic product by accounting for the wear and tear on infrastructure, machinery and equipment, making it a sharper gauge of sustainable economic growth.
Why now: Economists and commentators are increasingly weighing whether net measures better reflect sustainable growth than headline GDP.
Federal Reserve Bank of St. LouisFRED
Evidence
- Net domestic product · Federal Reserve Economic Data | FRED | St. Louis Fed
API: https://socialmediatrends-api.osmike.com/v1/trends/3748107