Tricia Newcomb

Jul 12, 2023 | plantemoran.com | Jim Baird |Eric Dahlberg |Tricia Newcomb

Gross domestic product and income have recently diverged to a degree last seen in 2007. How that divergence is resolved in the coming quarters will be a key determinant in the hard versus soft landing debate. Gross domestic product (GDP) and gross domestic income (GDI) are two very broad metrics used to assess the state of health for the U.S. economy. The former, and more commonly referenced, indicator measures the total value of goods and services produced.