gross domestic product
noun
: the gross national product excluding the value of net income earned abroad
Examples of gross domestic product in a Sentence
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America’s gross domestic product, the broadest measure of the US economy, showed its first quarterly contraction since early 2022, as importers raced to bring in goods before punishing tariff rates kicked in.
—
Nectar Gan, CNN Money, 12 May 2025
Two or more consecutive quarters of negative gross domestic product growth indicates a recession.
—Willie Wilson, Chicago Tribune, 8 May 2025
The trade data highlighted a dynamic that helped drive gross domestic product into negative territory in the first quarter of 2025 for the first time in three years.
—Andrea Shalal, USA Today, 7 May 2025
The technical definition of a recession is two consecutive quarters of negative growth in gross domestic product, a comprehensive measure of all goods and services produced in a country.
—Derek Saul, Forbes.com, 6 May 2025
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Nectar Gan, CNN Money, 12 May 2025
Two or more consecutive quarters of negative gross domestic product growth indicates a recession.
—Willie Wilson, Chicago Tribune, 8 May 2025
The trade data highlighted a dynamic that helped drive gross domestic product into negative territory in the first quarter of 2025 for the first time in three years.
—Andrea Shalal, USA Today, 7 May 2025
The technical definition of a recession is two consecutive quarters of negative growth in gross domestic product, a comprehensive measure of all goods and services produced in a country.
—Derek Saul, Forbes.com, 6 May 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 18 May. 2025.
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