economic output

USAGE SUMMARY

"economic output" is a correct and usable phrase in written English.
It is often used to refer to the amount of goods and services produced by a country or region during a certain period of time. For example, "The country has recently seen an increase in economic output since the implementation of new policies."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Turkish economic output is tumbling.

The Economist

GDP, meanwhile, simply tracks economic output.

The Washington Post

Economic output could double every three months.

Harvard Business Review

The country's economic output fell by half.

Encyclopedia Britannica

It contributes about 14% of global economic output.

The Guardian

UK economic output appears to be broadly flat.

The Guardian - Business

The figure equates to about 2% of global economic output.

The Guardian

G.D.P. measures total national economic output within United States borders.

The New York Times

Investment reached 46percentt of China's economic output last year.

The New York Times

Hence mitigation expenditures have two effects on economic output.

Nature

The effect on overall economic output was significant.

The New York Times

Expert writing Tips

Best practice

When discussing "economic output", specify the geographical region (e.g., country, state, city) and the time period (e.g., annually, quarterly) to provide clear context.

Common error

Avoid using "economic output" interchangeably with terms like "GDP per capita" or "economic growth rate". "Economic output" measures the total value of goods and services, while the others are different metrics.

Linguistic Context

The phrase "economic output" functions primarily as a noun phrase. It refers to the total value of goods and services produced within a specific region or country during a defined period. Ludwig AI confirms its grammatical correctness and common usage.

Expression frequency: Very common

Frequent in

News & Media

55%

Science

20%

Formal & Business

15%

Less common in

Encyclopedias

5%

Academia

3%

Wiki

2%

Ludwig's WRAP-UP

In summary, "economic output" is a commonly used and grammatically sound noun phrase that serves to describe the total value of goods and services produced by a region or country over a specific period. As Ludwig AI suggests, it is particularly prevalent in news, science, and formal business contexts. The phrase is a staple in discussions of economic performance and growth, serving as a key indicator for economic health. When using the term, it's important to specify the region and time frame for clarity, and to avoid confusing it with related but distinct metrics.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

gross domestic product

Refers to the total value of goods and services produced within a country's borders, often used interchangeably with "economic output".

value of goods and services produced

Emphasizes the monetary worth of what is created.

national production

Focuses on the total production within a nation, highlighting the scale of production activity.

aggregate supply

An economics term referring to the total supply of goods and services in an economy at a certain price level.

total output

A more general term that can apply to any type of production, not just economic.

output volume

Highlights the quantity of goods and services produced, rather than their value.

economic performance

Evaluates how well an economy is doing based on various factors, including its output.

economic activity

A broader term encompassing all activities related to the production, distribution, and consumption of goods and services.

industrial production

Specifically refers to the output of the industrial sector.

productivity rate

Focuses on the efficiency of production rather than the total amount produced.

FAQs

How is "economic output" typically measured?

Economic output is commonly measured by Gross Domestic Product (GDP), which represents the total value of goods and services produced within a country's borders during a specific period.

What factors can influence a country's "economic output"?

Factors influencing "economic output" include technological advancements, labor force participation, capital investment, and government policies.

How does "economic output" relate to economic growth?

"Economic output" is a key component of economic growth. An increase in "economic output" generally indicates a growing economy, while a decrease may signal a recession.

What are some alternatives to the phrase "economic output"?

You can use alternatives like "gross domestic product", "national production", or "total output" depending on the context.