Why is GDP popular right now?

Gross Domestic Product measures the market value for all goods made in a country over a year.
July 31 - The U.S. GDP figures just released are better than expected (1% drop instead of the expected 1.5% drop) although personal consumption is worse than expected.

And Today - Oct 29, US GDP grew by an astounding 3.5% but people are skeptical because it might be inflated by "Cash for Clunkers, First Time Home Buyer" programs.
(as of October 29 at 15:07 UTC)
Category: | Most recent: July 31 at 13:05 UTC | First appearance: January 30 at 14:45 UTC | Last defined: October 29 at 15:07 UTC by @ via Other | Source: Twitter | Permalink

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