Q4 GDP Slow Down Temporary or Sign of Things to Come

Holiday sales, widespread travels and the Christmas spirit couldn't save the United States economy in the fourth quarter of last year as the gross domestic product took a dive, surprising many analysts who expected higher growth. According to the Department of Commerce, the U.S. … [Read more...]

UK to count drugs and prostitution to give GDP a boost

In the United Kingdom, drugs and prostitution adds nearly $17 billion to the overall economy, but these transactions only account for less than one percent of the economy. Although these are deemed as illicit activities, the British government has decided to include them into its … [Read more...]