Running head: GDP MICROECONOMIC INDICATORGDP macroeconomic indicatorNameCourse titleInstructorDate1GDP MACROECONOMIC INDICATORGDP macroeconomic indicatorAbstractThe report evaluates how GDP as a microeconomic indicator assesses the size and thegrowth of food manufacturing industries. The research also gives the account of the trend ofcurrent GDP and explains the term into details. The researcher's opinion about future growth andthe trend in food manufacturing in detail basing on the data released recently by the Bureau ofEconomic Analysis in the United States.IntroductionFood manufacturing industries are those industries that transform livestock andagricultural products to finish or intermediate goods. In these industries, firms categorize basedon the raw material used by the firm. The intermediate goods become the raw material for otherindustries to produce final goods. The finished good reaches to the consumers through retailersand wholesaler. The purpose of the research was to find out how GDP as a macroeconomicindicator affects the size and growth of food manufacturing industries. During the research, theobservation method enabled the acquiring of data. The scope of research was an observation ofthe GDP trend in manufacturing, a percentage change of GDP annually, and then the researchwas to provide a summary of future expectations for this industry.Assessment of size and growth of the industryThe research used GDP indicators to evaluate the g ...
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