economic activity


Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Economic Activity

An act that requires use of resources or time. Examples include buying a stock or making a product to sell. The level of economic activity throughout an economy can be measured in a number of ways, with perhaps the most common being GDP.

economic activity

The production and distribution of goods and services at all levels. Economic activity and expected future levels of it have an important influence on security prices because of the interrelationship between economic activity and corporate profits, inflation, interest rates, and other variables. One frequently used measure of economic activity is the gross domestic product.
References in periodicals archive ?
Citing an example, Sawhney said that if an individual sells 15 cars a year, then it would be considered as his of her economic activity and the FTA would have the jurisdiction over him to bring that individual under the tax net.
Additional Deposits - Market Unit 1 - creation of an access road to the west of Tournai area of economic activity 3 (10% of part of the market, see CSCH).
Here, the Law stipulates that any goods or services, whether imported or local, needed for carrying out the economic activity will be assessed a 0% sales tax, otherwise the regular sales tax rate will apply if the good or services are not used for the benefit of the economic activity.
The report cited the year 2006 as an example of the misdiagnosis of the strength of economic activity, when the country actually grew by 1.
The Philadelphia Fed's state indexes show that economic activity in Ohio was stagnant though much of 2007 and into the early part of 2008.
Among those who said they were currently unemployed, just 10 percent said they believed the government would be better at generating economic activity, while 65 percent favored the private sector.
Such spending, which drives two thirds of country's economic activity, is tied to real estate pricing because much of the consumers' cash comes from what they are able to leverage against the value of their homes.
The Fed's goal is to push up rates to thwart inflation but not so much as to cripple economic activity.
Social service groups which include family services, daycare, shelters, services for youth, the elderly, or persons with disabilities led the field in the rate of economic activity growing by 23.
Once we stop worrying about mixing economic activity and intimacy, we can start worrying about working toward the right mixes.
Rather, monetary policy accommodation, coupled with robust underlying growth in productivity, is providing ongoing support to economic activity.
A rise in short-term interest rates may be a harbinger of a future slowdown in real economic activity and demand for credit, putting downward pressure on future real interest rates.