gross domestic product

إجمالي الناتج المحلى

The total value of goods and services produced by labor and property located in the United States. As long as the labor and property are located in the United States, the supplier (that is, the workers and, for property, the owners) may be either U.S. residents or residents of foreign countries.

The implicit price deflator, published by the U.S. Department of Commerce, Bureau of Economic Analysis, is used to convert nominal figures to real figures.