How GDP Does & Doesn't Signal a Downturn

When it comes to measuring the strength of the economy, one of the most important metrics to watch is the gross domestic product, or GDP.

"GDP is a backward-looking indicator of whether the economy is growing or its shrinking," says Jason Steeno, president of CoreCap Advisors. "That is something that is of interest to anyone participating in the markets, including investors, business owners, and economists."

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