Economic Take

More Than Just GDP

April 23, 2019

Later this week, the government will release its first estimate of first-quarter GDP growth, following forecasts that have been inconsistent over the last few months. Even though GDP tends to get the most attention and dominate opinions about the economy, there are other factors that can help tell a more complete story—such as weekly jobless claims, recent consumer data, demographic gaps and the future of productivity-enhancing technology.