Definitions for "economic growth rate"
The pace at which economic growth increases during a given interval. The quantities...
The rate, usually measured annually, at which a nation's, industry's, community's, or company's income increases. see also real economic growth rate.
Annual percentage change in the gross national product (GNP). If the rate rises in two consecutive quarters, it is considered to indicate an expanding economy. If the rate drops in two consecutive quarters, it is considered to mean a recession. A "real economic growth rate" is obtained when the rate is adjusted for inflation. See: Gross National Product
Keywords:  surplus
economic surplus economics
Keywords:  indicators, income
Economic income Economic indicators