GDP

Real GDP growth means that the economy will be stronger, which means that businesses will grow and be able to produce more stuff. since they are producing more stuff, they will hire more people and pay those people more because more people are buying their products. For average citizens, this means a higher income and a lower price of goods. However, real GDP does not take other factors into account, like the environment. It also doesn't take leisure time into account, only money spent contributes to a countries GDP.