In relation to a company, everything produced within a period of time – usually one year – including changes in inventories, goods produced for own use and semi-finished goods (the sum of net sales, changes in inventories in work in progress and finished goods at cost price and production for own use, reflecting the work performed by the company for itself and carried at cost). – In macroeconomic statistics, the production of goods and provision of services within an economic area, often related to a specific time. – See financial market, quantity processed, growth significance, growth. – Cf. ECB Monthly Bulletin, March 2009, p. 13 (Production 20002008 in international comparison).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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