• D61 [any]@hexbear.net
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    7 months ago

    GDP is just the total estimated currency value of goods/services produced in a place during a time frame. I don’t think they even need to be sold, just available for purchase.

    Falling rate doesn’t have to mean negative profits. Crude example: If you made $15.00/hr at work and work 30 hours one week but make $15.00/hr at work and work 25 hours the next week, you’re still making money but you’ve made less. For a business, it can just mean that last year Profits were 10% and this year Profits are 9%. The business is still making money, still generating profits just less than it was before.

    Stock Market prices are just made up numbers with, at best, only a very loose connection to what a business is doing or how well its doing it. Literally just “vibes”.