GDP at 4.1%, Let's Get To Know The GDP

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Jul 27 2018 13 mins  
It is important to understand how the GDP get's calculated. There is a four-part formula: C + I + G + (X - M) = GDP. Which means, Personal Consumption Expenditures + Investment +Government Spending + Exports - Imports that gets us to Gross Domestic Product. Very important number for all of us to know how well the company economy is growing and compare it to other countries.