gdp gdp

Definition(s):

  • (n) the measure of an economy adopted by the United States in 1991; the total market values of goods and services produced by workers and capital within a nation's borders during a given period (usually 1 year)

News

  1. UK: NIESR GDP Estimate up 0.6% in May

    FXstreet.com (Barcelona) - The UK NIESR GDP Estimate pointed to a 0.6% rise over the last 3 months... For more information, read our latest forex news.
    on June 11, 2013     Source: The Forex Market

  2. Does High GDP Mean Economic Prosperity?

    Economists traditionally use Gross Domestic Product to measure economic progress. If GDP is rising, the economy is good and the nation is moving forward. If GDP is falling, the economy is in trouble and the nation is losing ground. From a strictly numerical perspective, GDP provides an easy-to-follow indicator of economic health. From the perspective of a citizen living with the day-to-day ...
    on June 11, 2013     Source: Forbes

  3. Japan GDP Revisions Spark AnotherStock Rally

    Over the weekend, Japanese GDP was released and came in better than anticipated. Japan grew 4.1% at a quarterly annualized rate compared to the prior growth of 3.5%. The Nikkei 225
    on June 11, 2013     Source: Nasdaq

Quotes

  1. "This growth package must be big enough to make a difference in an economy as large and dynamic as ours, which means it should be about one per cent of GDP," Bush said.
    on Jan 18, 2007 By: President Bush Source: 940 News

  2. "The decline in our GDP didn't happen by accident," Obama said in a statement.
    on Oct 30, 2008 By: Barack Obama Source: Bloomberg

  3. "I would say that taking all the information I have, a default is not an issue for Greece," Trichet said. "We are responsible for 330 million people and for 100 percent of the GDP of the euro area. Greece represents 2.5 percent of the GDP of...
    on Apr 7, 2010 By: Jean-Claude Trichet Source: Reuters

Word of the Day
ambivalent ambivalent
/æm ˈbɪ və lənt /