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Home -› Economics
-› BEA Economic Analysis Dictionary
-› Gross domestic purchases
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Social Science Categories
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Gross domestic purchases
The market value of goods and services purchased
by U.S.
residents, regardless of where those goods and services were
produced. It is gross
domestic product (GDP) minus net
exports of goods and services. Equivalently, it is the sum of personal
consumption expenditures (PCE), gross
private domestic investment, and government
consumption expenditures and gross investment.
Source: U.S. Bureau of Economic Analysis
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BEA Economic Analysis Dictionary INDEX:List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 A: Page 1 of 1.
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