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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Just how tight is the U.S. labor market?

Inequality & MobilityLabor
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Latest official estimates underreport extent of inequality in the U.S.

Inequality & Mobility
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New report on evidence-based policymaking boasts recommendations that Congress must take seriously

Inequality & MobilityTax & Macroeconomics
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Measuring potential GDP in the United States, and the case for emphasizing demand in monetary policy

Inequality & MobilityTax & Macroeconomics
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Will the United States give up on data collection?

Inequality & Mobility
TOPICS: 1
TOPICS: GDP 2.0
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Debt ≠ deficits: Why higher state and local government debt isn’t necessarily a result of higher spending

Tax & MacroeconomicsInequality & Mobility
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Explaining the “What is equitable growth?” essay series

Inequality & Mobility
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Why current definitions of family income are misleading, and why this matters for measures of inequality

FamiliesInequality & Mobility
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Improving the measurement and understanding of economic inequality in the United States

Inequality & Mobility
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Wealth inequality and wealth returns heterogeneity

Inequality & Mobility
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Is growing inequality hurting our economies?

Inequality & Mobility
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After Piketty: “A Political Economy Take on W/Y”

Inequality & Mobility
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