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Home Depot Real Gross Domestic Product real GDP Gross Domestic Product GDP is the measurement of growth within an economy This indicator is widely used by economists when doing research and forecasting efforts GDP is defined by Colander 2004 as the market value of final goods and services produced in an economy stated in the prices of a given year p 2 Bureau of Economic Analysis 2006 According to Steve Goldstein 2006 Home Depot rose 3 in the pre-open after it earned 13 billion or 60 cents a share in the fourth quarter para 9 This increase is up from 47 cents a share or 1 billion within the last year The revenue for Home Depot has risen 16 while store sales were up The Gross Domestic Product GDP according to the Bureau of Economic Analysis had a slow-down in the fourth-quarter growth This primarily reflects a deceleration in consumer spending 2006 para 2 The annual growth for GDP was 35 which was unchanged fromt the estimate in February Producer Price Index PPI Producer price index PPI serves as an early indication of inflation each month According to Colander 2004 The producer price index PPI is an index of prices that measures average change in the selling prices received by domestic producers of goods and services over time p 22 This index also includes the goods that consumers may not purchase PPIs capture price movement so that the Government may be able to track price changes for businesses This also allows the government to use fiscal and monetary policies in dealing with the changes in prices that are reflected in the PPI Marketwatch 2006 In a recent MarketWatch report Goldstein and Kilgore reported that Home improvement retailer and Dow industrial component Home Depot gained 102 or 24 to 4359 in Instinet after the company upped its earnings view for 2005 after seeing third-quarter earnings rise to 15 billion para 11 For
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