What is GDP? | CNBC Explains
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YouTubeCNBC International
What is GDP? | CNBC Explains
It’s the king of economic statistics. Gross domestic product is an important tool to measure the health and strength of a country’s economy, but it doesn’t always give a full picture. So how does GDP work? CNBC’s Elizabeth Schulze explains. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC Life on YouTube: http ...
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GDP report: US consumers drive strongest economic expansion in two years
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GDP report: US consumers drive strongest economic expansion in two years
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PS Chris Kiptoo: All sectors have registered positive growth rates. Notable is mining sector which has grown by about 15%. It is very reassuring that growth is picking up. Average GDP growth rate for the world is about 3.1% so with Kenya having a 5% growth, it is among the fastest growing countries in terms of GDP #CitizenSundayLive | Citizen TV Kenya
4:21
PS Chris Kiptoo: All sectors have registered positive growth rates. Notable is mining sector which has grown by about 15%. It is very reassuring that growth is picking up. Average GDP growth rate for the world is about 3.1% so with Kenya having a 5% growth, it is among the fastest growing countries in terms of GDP #CitizenSundayLive | Citizen TV Kenya
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The U.S. economy grew at a much greater-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed. U.S. GDP, a sum of all goods and services produced in the sprawling U.S. economy, expanded by 4.3% in the July-September period, the Commerce Department said in its initial reading of third-quarter growth. CNBC's Rick Santelli breaks down the numbers. Read more: cnb.cx/4scydh7 | CNBC
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