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Behind the Numbers: What Does GDP Measure and Is It Useful?
December 15, 2017
LONDON, England, Dec. 15 -- The Institute of Directors issued the following news release:

In a season which saw the Autumn Budget and the long-awaited Industrial Strategy, the news has been awash with data forecasts. Productivity growth - how much more we can produce per hour - has been the focus, given its decade-long flat lining since the financial crisis, but also because it feeds into our overall economic growth.

The Office for Budget Responsibility (OBR) revised d . . .

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