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In this analysis, I will describe how current economic conditions are effecting your organization or one which you are familiar. I will also identify the most important economic indicator affecting your organization and explain why.
Gross domestic product (GDP) is one of the ways of measuring the size of an economy (Wikipedia Website, 2007, Gross Domestic Product section). "The GDP of a country is defined as the total market value of all final goods and services produced within a country in a given period of time (usually a calendar year)." Real Gross Domestic Product (real GDP) is the market value of final goods and services produced in an economy, stated in the prices of a given year (Colander, 2004, Glossary section)...
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