New metric find VT economic growth slower than thought
BURLINGTON, Vt. –
Vermont’s economy may not be improving as fast as we think according to a new metric developed at the University of Vermont.
The Genuine Progress Indicator or GPI takes into account social and environmental factors of our economic growth. It places a monetary value on how what we buy impacts our lives and our environment. Traditional indicators– like Gross State Product– only measure economic transactions.
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