China energy consumption rises 3.9% in 2012

Energy consumption by China, the world's leading emitter of CO2, rose 3.9 percent in 2012 from the previous year but fell by 3.6 percent per unit of gross domestic product, the government said.

COVID-19 and the purchasing managers' index

The COVID-19 pandemic not only had tragic consequences for the health of humanity but had massive socioeconomic effects. Indeed, at the time of writing, we are still seeing record numbers of people infected with the coronavirus ...

GDP predicts auto sales worldwide

Personal income, interest rates and the price of gas all influence auto sales, but a country's gross domestic product alone is a good indicator of new sales, says a researcher at the University of Michigan Transportation ...

Toxic Sydney bushfire haze a 'public health emergency'

Australia's biggest city is facing a "public health emergency" over the bushfire smoke that has choked Sydney for weeks, leading doctors warned Monday after hospitals reported a dramatic spike in casualty department visits.

Facebook is free, but should it count toward GDP anyway?

For several decades, gross domestic product (GDP), a sum of the value of purchased goods, has been a ubiquitous yardstick of economic activity. More recently, some observers have suggested that GDP falls short because it ...

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