Tuesday, November 30, 2021

35. Tracking GDP, does it really matter?

 


Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports).


whether we deposit money in a bank or or buy stocks, we are in effect providing funding for borrowers including businesses

and the level of economic activities (all the buying and selling of goods and services) may affect the volume of a company's sale of its goods and services, naturally we would like to see it selling more as this would translate to more profits, the GDP is an indication of the level of economic activities

latest reports show a very encouraging number, up 11% for the second quarter of 2021


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