GROSS DOMESTIC PRODUCT (GDP)
Gross domestic product (GDP) is the total value of goods produced and services provided in a country during one year.
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Economic growth is the increase in the production of goods and services within an economy over time, typically measured by GDP. In trading, economic growth drives investor confidence, influencing stock prices, bond yields, and currency values. Traders monitor indicators of economic growth, such as GDP reports, industrial production, and consumer spending, to assess market conditions. Strong economic growth generally leads to rising asset prices, while a slowdown or recession can create market uncertainty and increased risk.