gross domestic product
noun
: the gross national product excluding the value of net income earned abroad
Examples of gross domestic product in a Sentence
Recent Examples on the Web
Bad news piles up Investors this week had to digest a gross domestic product reading that showed the economy contracted 0.3% annualized in the first quarter.
—
Jeff Cox, CNBC, 1 May 2025
The vote reflects some discomfort in the Senate Republican conference with the president's tariffs, which have rattled stock markets and prompted a 0.3% contraction in the country's gross domestic product announced Wednesday.
—Riley Beggin, USA Today, 1 May 2025
Importers rushed to bring products into the country before tariffs could raise their prices, which helped drag on the country’s overall gross domestic product.
—Stan Choe, Los Angeles Times, 30 Apr. 2025
Over the next five years, the change could create 2,100 new construction jobs, $3.78 billion in new economic growth, as measured by gross domestic product and $115 million in new revenue to the state.
—Kenneth R. Gosselin, Hartford Courant, 24 Apr. 2025
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Jeff Cox, CNBC, 1 May 2025
The vote reflects some discomfort in the Senate Republican conference with the president's tariffs, which have rattled stock markets and prompted a 0.3% contraction in the country's gross domestic product announced Wednesday.
—Riley Beggin, USA Today, 1 May 2025
Importers rushed to bring products into the country before tariffs could raise their prices, which helped drag on the country’s overall gross domestic product.
—Stan Choe, Los Angeles Times, 30 Apr. 2025
Over the next five years, the change could create 2,100 new construction jobs, $3.78 billion in new economic growth, as measured by gross domestic product and $115 million in new revenue to the state.
—Kenneth R. Gosselin, Hartford Courant, 24 Apr. 2025
See All Example Sentences for gross domestic product
Cite this Entry
“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 4 May. 2025.
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