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Gross Output vs. GDP: Which Measure Is Better? – Steve Forbes | What’s Ahead | Forbes

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Gross domestic product (GDP) is said to be a comprehensive scorecard of the U.S.’ economic health, yet it virtually ignores business-to-business activity. Consumers can’t consume unless the stuff they buy is made in the first place, right? Steve Forbes on GO (gross output) vs. GDP and which measurement gives a more accurate picture of what truly makes the economy tick.

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More on gross output: https://www.forbes.com/sites/steveforbes/2019/09/09/were-using-the-wrong-measure-gdp-to-gauge-the-economys-real-health-mark-skousen/#6a5f208f52fa

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