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What is an 'Economic Growth Rate' An economic growth rate is a measure of economic growth from one period to another in percentage terms. This measure does not adjust for inflation; it is expressed in nominal terms.
1 Economic growth, as measured by GDP. Fiscal policy (government spending and taxes). 2  The strength of business investment. That is usually high when interest rates are low. 3  Exports and whether capital is moving into the country, or out of it. 4  Housing construction, mortgage availability, and the direction of home prices.