gross domestic product
noun
: the gross national product excluding the value of net income earned abroad
Examples of gross domestic product in a Sentence
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The deficit is now running roughly 6% of gross domestic product, a number never before hit during peacetime, save for the pandemic.
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Editorial, Boston Herald, 12 Oct. 2025
Analysts estimate the shutdown is shaving billions off the gross domestic product each week and has left around 803,000 federal workers furloughed or working without pay—many of them lower-wage employees.
—Martha McHardy, MSNBC Newsweek, 10 Oct. 2025
On the other, gross domestic product growth remains strong and there remain concerns over inflation, which is still running considerably higher than the Fed’s 2% goal.
—Jeff Cox, CNBC, 10 Oct. 2025
The White House Council of Economic Advisers has estimated that every week of the shutdown will reduce the nation’s gross domestic product by $15 billion.
—Mike Lillis, The Hill, 8 Oct. 2025
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Editorial, Boston Herald, 12 Oct. 2025
Analysts estimate the shutdown is shaving billions off the gross domestic product each week and has left around 803,000 federal workers furloughed or working without pay—many of them lower-wage employees.
—Martha McHardy, MSNBC Newsweek, 10 Oct. 2025
On the other, gross domestic product growth remains strong and there remain concerns over inflation, which is still running considerably higher than the Fed’s 2% goal.
—Jeff Cox, CNBC, 10 Oct. 2025
The White House Council of Economic Advisers has estimated that every week of the shutdown will reduce the nation’s gross domestic product by $15 billion.
—Mike Lillis, The Hill, 8 Oct. 2025
See All Example Sentences for gross domestic product
Cite this Entry
“Gross domestic product.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/gross%20domestic%20product. Accessed 17 Oct. 2025.
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