Definition of «overall economy»

The overall economy refers to the entirety of a country's economic activity, including its GDP (Gross Domestic Product), employment rates, inflation, and other factors that contribute to the health and growth of an economy. It is often used as a broad term to describe the general state of the economy, taking into account various indicators such as consumer spending, business investments, government spending, and international trade. The overall economy can be influenced by both domestic and global events, policies, and trends, and its performance can have significant impacts on individuals, businesses, and governments alike.

Phrases with «overall economy»

Sentences with «overall economy»

  • You will typically see your cash flow come rain or shine even with fluctuations in the general overall economy. (biggerpockets.com)
  • The fact is better education for girls contribute to the countries overall economy and women and their children live longer healthier lives. (elearningindustry.com)
  • The last couple of years have been a challenge for anyone in any business, with a difficult overall economy causing most of the concerns. (cbr.com)
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