Use
The United States used GNP as its primary measure of total economic activity before 1991, when it began to use GDP. In making the switch, the Bureau of Economic Analysis (BEA) noted both that GDP provided an easier comparison of other measures of economic activity in the United States and that "virtually all other countries have already adopted GDP as their primary measure of production."
Read more about this topic: Gross National Product
Famous quotes containing the word use:
“... it is use, and use alone, which leads one of us, tolerably trained to recognize any criterion of grace or any sense of the fitness of things, to tolerate ... the styles of dress to which we are more or less conforming every day of our lives. Fifty years hence they will seem to us as uncultivated as the nose-rings of the Hottentot seem today.”
—Elizabeth Stuart Phelps (1844–1911)