gdp : Definition, Usages, News and More

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  • 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 & Articles

  • 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 ...
    June 11, 2013 - Forbes
  • UK: NIESR GDP Estimate up 0.6% in May (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.
    June 11, 2013 - The Forex Market
  • 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
    June 10, 2013 - Nasdaq

  • President Bush in 940 News
    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.
  • Barack Obama in Bloomberg
    The decline in our GDP didn't happen by accident,Obama said in a statement.
  • Jean-Claude Trichet in Reuters
    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...

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