Importance of Gross Domestic Product or GDP

You hear about Gross Domestic Product or GDP. It reflects a country’s economic activity, actually the value of all a country’s products and services  produced in a period or a year. GDP generally represents a good indicator of the county’s economic health.

It can be skewered when natural disasters such as hurricanes, earthquakes or tsunamis, or wars influence unusual economic activity. But the GDP can be a standard against which we can measure our debts and national and social accounts. 

Especially our debts. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)