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  2. Potential output - Wikipedia

    en.wikipedia.org/wiki/Potential_output

    In economics, potential output (also referred to as "natural gross domestic product") refers to the highest level of real gross domestic product (potential output) that can be sustained over the long term. Actual output happens in real life while potential output shows the level that could be achieved.

  3. Real and nominal value - Wikipedia

    en.wikipedia.org/wiki/Real_and_nominal_value

    The real values of individual goods or commodities may rise or fall against each other, in relative terms, but a representative commodity bundle as a whole retains its real value as a constant from one period to the next. Real values can for example be expressed in constant 1992 dollars, with the price level fixed 100 at the base date.

  4. Economic growth - Wikipedia

    en.wikipedia.org/wiki/Economic_growth

    The economic growth rate is typically calculated as real Gross domestic product (GDP) growth rate, real GDP per capita growth rate or GNI per capita growth. The "rate" of economic growth refers to the geometric annual rate of growth in GDP or GDP per capita between the first and the last year over a period of time. This growth rate represents ...

  5. US economic output grows at fastest pace in nearly 3 years to ...

    www.aol.com/finance/us-economic-output-grows...

    The Atlanta Fed's GDP Now tool, which incorporates real-time data throughout the quarter to project economic growth, currently projects the US economy grew at a 3.3% annualized pace in the final ...

  6. Real gross domestic product - Wikipedia

    en.wikipedia.org/wiki/Real_gross_domestic_product

    Real GDP is an example of the distinction between real and nominal values in economics.Nominal gross domestic product is defined as the market value of all final goods produced in a geographical region, usually a country; this depends on the quantities of goods and services produced, and their respective prices.

  7. List of countries by real GDP growth rate - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_real...

    The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person recalculated according to the changing number of the population of the country.

  8. Economic expansion - Wikipedia

    en.wikipedia.org/wiki/Economic_expansion

    It is a period of economic growth as measured (for example) by a rise in real GDP. [1] [failed verification] [2] The explanation of fluctuations in aggregate economic activity between economic expansions and contractions ("booms" and "busts" within the "business cycle") is one of the primary concerns of macroeconomics. [3]

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