GDP
The gross domestic product, or gross domestic income, is a measure of a country's overall economic output. It is the market value of all final goods and services made within the borders of a country in a year. It is often positively correlated with the standard of living; though its use as a stand-in for measuring the standard of living has come under increasing criticism and many countries are actively exploring alternative measures to GDP for that purpose.
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Second Reading on Q3 GDP: +2.0%, vs. Cons. 2.5%
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Q2 GDP Revised Lower to +1.0%, vs. Cons. +1.1%; Personal Consumption: +0.4%
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First Look at Q2 GDP: +1.3%, vs. Cons. +1.8%; Core PCE: 2.1%
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U.S. Q2 GDP Slows
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Final Q1 GDP: Up 2.7%, vs. Cons. of 3.0%