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. www.lodge-co.com