Gross Domestic Product (GDP) is a comprehensive measure of a nation's overall economic activity, representing the total dollar value of all goods and services produced over a specific time period within a country's borders.
Gross Domestic Product (GDP) is the market value of all goods and services produced within a country during a specific period, usually annually or quarterly. It serves as a comprehensive measure of national economic activity and health.
Gross National Product (GNP) is a measure of the economic output of a country, accounting for the market value of all goods and services produced by the residents of the country, whether located domestically or abroad.
Help wanted advertising consists of classified newspaper advertisements by job categories, placed by management seeking potential employees. These ads are crucial economic indicators signaling job opportunities and economic growth.
An index is a statistical compilation that puts a current economic or financial condition into context, often by relating it to a base period or another time frame. It is used to measure economic trends over time and can influence adjustments in sectors like wages, rentals, loans, and pensions.
Monthly statistic released by the Federal Reserve Board (FRB) on the total output of all U.S. factories and mines. These numbers are a key economic indicator.
The proportion of additional income that a consumer or economy will consume rather than save, expressed as a decimal or fraction.
A factor used as a guide, applied by multiplication to derive or estimate an important value in economics, finance, and various business contexts.
An index reflecting the prices of goods and services in retail shops purchased by average households, calculated relative to a base year. The RPI is a key economic indicator published monthly by the Office for National Statistics.
The savings rate represents the portion of income that is saved rather than spent. It is an important economic indicator that reflects the propensity of individuals or economies to save.
The trade balance, also known as the balance of trade, measures the difference in value between a country's imports and exports over a specific period. It is a critical indicator of economic health and international competitiveness.
In economic terms, a trough signifies the lowest point in a business cycle, marking the end of a declining phase and the start of an expansion or recovery.
