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economic growth

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.10 sec.
Economic growth
An increase in the nation's capacity to produce goods and services. Usually refers to real GDP growth.

economic growth
An increase in the production levels of goods and services. If measured in monetary terms, the increases must occur after adjustments for inflation have been made.


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We are seeing very low population growth and very strong economic growth in Ventura County," said Bill Watkins, executive director of the UCSB Economic Forecast Project and a former research economist at the Federal Reserve.
Governor Jon Corzine has named Mark Yeager, president of the National Association of Industrial and Office Properties, New Jersey Chapter (NJ-NAIOP), to his newly created Economic Growth Council.
economic growth as currently measured is not sustainable, because the stocks of natural and environmental resources that ultimately determine economic growth are unsustainable.
 
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