Topic GDP 2.0

Some of our most prominent economic statistics measure change in the total output of the U.S. economy. But this single number approach to economic progress rings hollow with many workers, who wonder why they aren’t seeing prosperity in their own lives. The goal of our GDP 2.0 project is to break down these monolithic numbers and understand how the economy is performing for Americans of different income levels, different regions of the country, and more.

Featured work

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New research doesn’t overturn consensus on rising U.S. income inequality

Inequality & Mobility
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GDP 2.0: Measuring who prospers when the U.S. economy grows

Inequality & Mobility
Executive action to spur equitable growth

Executive actions to modernize federal data collection and improve measurements of U.S. economic inequality

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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New digital tools demonstrate the promise of measuring well-being in the United States

Inequality & Mobility
Coronavirus Recession

Structural racism and the coronavirus recession highlight why more and better U.S. data need to be widely disaggregated by race and ethnicity

Inequality & Mobility
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Disaggregating growth

Inequality & Mobility

Explore Content in GDP 2.0206

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Looking for the roots of total factor productivity growth

Inequality & MobilityTax & Macroeconomics
TOPICS: 1
TOPICS: GDP 2.0
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What does weak U.S. economic growth in first quarter mean for the current recovery?

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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A new era of earnings-led consumption growth?

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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ICYMI: Milanović on why wealth is not income and income is not consumption

Inequality & Mobility
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What’s the value of health insurance?

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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Slicing and dicing the U.S. savings rate

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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Latest GDP data show moderate economic growth but the details are telling

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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How are economic inequality and growth connected?

Inequality & Mobility
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Tax units versus households as measures of income

Inequality & Mobility
Past Event

Building a Strong Foundation: Understanding Whether and How Economic Inequality Affects Economic Growth

Inequality & Mobility
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A sobering report from the U.S. labor market

Inequality & MobilityLabor
TOPICS: 1
TOPICS: GDP 2.0
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Nothing new under the labor market sun

Inequality & MobilityLabor
TOPICS: 1
TOPICS: GDP 2.0
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