The gross domestic product (GDP) is the primary indicator of a nation’s overall economic health. It represents the total value of all goods and services produced over a specific period of time and is often used as a measure of the size of a country’s economy. The GDP calculation includes things like personal/consumer spending, business spending, government spending, imports and exports. Usually, GDP is expressed as a comparison to the previous quarter or year. For example, if the Q4 2018 GDP of a country is up 2.2%, the economy of that country has grown by 2.2% over the third quarter. While quarterly growth rates are a periodic measure of how the economy is performing, annual GDP figures are often considered the benchmark for the size of the economy. GDP is often referred to as the economic report card of a country. As the grade improves, it can be an indicator of more jobs, rising wages, and better profits for businesses.

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Investment Advisory Services are offered through SHP Wealth Management LLC., an SEC registered investment advisor. Insurance sales are offered through SHP Financial, LLC. These are separate entities, Matthew Chapman Peck, CFP®, CIMA®, Derek Louis Gregoire, and Keith Winslow Ellis Jr. are independent licensed insurance agents, and Owners/Partners of an insurance agency, SHP Financial, LLC.. In addition, other supervised persons of SHP Wealth Management, LLC. are independent licensed insurance agents of SHP Financial, LLC. No statements made shall constitute tax, legal or accounting advice. You should consult your own legal or tax professional before investing. Both SHP Wealth Management, LLC. and SHP Financial, LLC. will offer clients advice and/or products from each entity. No client is under any obligation to purchase any insurance product.

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