economic activity

economic activity definition - business

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 corporate profits, inflation, interest rates, and other variables. One frequently used measure of economic activity is gross domestic product.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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