GDP will always be affected negatively by the following factors:
Reduced consumer spending.
Decrease in capital and government investment.
Government over-spending.
Reduced exports and increased imports.
Cuts or freezes on labour income ( salaries, benefits, pensions ).
Reduced consumer spending.
Decrease in capital and government investment.
Government over-spending.
Reduced exports and increased imports.
Cuts or freezes on labour income ( salaries, benefits, pensions ).