Goods Producing Industries – In the North American Industry Classification System (NAICS), those industries that primarily produce goods: mining, construction, and manufacturing.
          [See also - Durable Goods]

Gross Domestic Product (GDP) – The total of all goods and services produced by the U.S. economy. GDP is compiled quarterly by the U.S. Department of Commerce. Current Employment Statistics employment and earnings data are used for advance GDP estimates. ES-202 wage data are used for the final GDP estimates.

Gross National Product (GNP) – The market value of the output of goods and services produced by the nation’s economy. GNP is a “gross” measure because no deduction is made to reflect the wearing out of the machinery and other capital assets used in production. The GNP is a key measure of the overall performance of the economy and a gauge of the health of important sectors.

Gross State Product – The total market value, in terms of current dollars, of all final goods and service produced in the state in one year. 

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Alphabetical Glossary Listing

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

Glossary References

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