<p>Definitions across various resources state that GDP is the market vaue of all goods 'produced' in a certain time period. But while calculating GDP by expenditure method, consumers' spending is one of the components (GDP= consumer spending + Firm's investments + Government spending + net exports)</p>
<p>Suppose a manufacturer produced goods in Q1 and customers bought those goods in Q2 from an inventory, will Q1 GDP increase or Q2 increase due to this purchase?</p>
<p>Sorry for the rookie question</p>

<macroeconomics><gdp><economic-growth>
Is GDP the market value of goods consumed or goods produced in a time period?
Preetham_tsp
# Is GDP the market value of goods consumed or goods produced in a time period?

(Asked by: username_0 on 2021-02-19)

Definitions across various resources state that GDP is the market vaue of all goods 'produced' in a certain time period. But while calculating GDP by expenditure method, consumers' spending is one of the components (GDP= consumer spending + Firm's investments + Government spending + net exports)

Suppose a manufacturer produced goods in Q1 and customers bought those goods in Q2 from an inventory, will Q1 GDP increase or Q2 increase due to this purchase?

Sorry for the rookie question

**Tags:** macroeconomics, gdp, economic-growth


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