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GROSS OUTPUT SIGNALS AN ECONOMIC SURGE
Gross output signals an economic surge. That’s the message from my good friend, Dr. Mark Skousen. Dr. Skousen is a well-known economist, professor, and author. He has championed the gross output (GO) measure as being a better and broader measure of economic activity than the more often cited gross domestic product (GDP) measure of economic activity. So that message regarding GO is a particularly good sign for the economy.
You can read more about gross output and the latest GO reading in Dr. Skousen’s op ed piece in today’s Wall Street Journal at Gross Output Signals an Economic Surge.