Gerd Altmann/Pixabay.com (CC0-PD) Gross Domestic Product (GDP) is an economic indicator that focuses on the value of goods and services a country produces. Gross National Income (GNI) includes ...
Economics is no different. Economists use many acronyms. One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers, on the television news, and in reports ...
Gross domestic product, or GDP, is a measure of a country's economic output over a certain time period—usually a year. GDP is looked to as a primary indicator of a country's economic health.
This metric measures the three-year compound annual growth rate of real gross domestic product by state, which has been adjusted for inflation to allow for year-to-year comparison. Data comes from ...