What type of data does the STAT metric provide regarding the global economy?

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The STAT metric is specifically designed to provide insights into economic performance, primarily focusing on World GDP and the GDP of individual countries. This data is crucial for understanding the overall health of the global economy as well as the economic conditions of specific nations.

By tracking World GDP, participants in the global market can gauge economic growth or decline, making it easier for investors, policymakers, and analysts to make informed decisions based on how economies are performing relative to one another. The metric’s emphasis on both aggregate and country-specific GDP data allows for a detailed analysis of economic status and development trends globally.

The other options, while relevant to economic discussions, do not capture the primary focus of the STAT metric. For example, comparisons of global corporations, trends in consumer purchasing, and retail sales statistics concentrate on different aspects of economic activity and do not encapsulate the comprehensive picture of GDP that the STAT metric provides.

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