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United States Ecomony

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December 3, 1991 | From Times Staff and Wire Reports
The gross national product, the time-honored gauge of U.S. economic performance, will be downgraded this week as government officials unveil a different measure that focuses more on activity inside the nation's borders. Beginning with Wednesday's release of revised third-quarter figures, the Commerce Department will concentrate on gross domestic product, which measures goods and services produced in the country, rather than on the more familiar gross national product.
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BUSINESS
December 3, 1991 | From Times Staff and Wire Reports
The gross national product, the time-honored gauge of U.S. economic performance, will be downgraded this week as government officials unveil a different measure that focuses more on activity inside the nation's borders. Beginning with Wednesday's release of revised third-quarter figures, the Commerce Department will concentrate on gross domestic product, which measures goods and services produced in the country, rather than on the more familiar gross national product.
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