{"iri":"https://lexicon.financial/business/bea/GrossDomesticPurchases","label":"Gross domestic purchases","definition":"The market value of goods and services purchased by U.S. residents , regardless of where those goods and services were produced. It is gross domestic product (GDP) minus net exports of goods and services . Equivalently, it is the sum of personal consumption expenditures (PCE) , gross private domestic investment , and government consumption expenditures and gross investment .","license":"https://www.usa.gov/government-copyright","source":"bea","source_url":"https://www.bea.gov/help/glossary/gross-domestic-purchases"}