Beyond GDP

GDP: Gauging Dematerialised Progress!

As of Aug. 1, 2013, the U.S. Bureau of Economic Analysis (BEA) finally stepped into our new 21st century. Gross Domestic Product (GDP) will now include much of the intangible production and services which actually make up some 70 percent of mature 21st century economies, such as software, research and development, entertainment, trademarks, copyrights, design and other creative innovation.