Question

how could gross domestic product affect transportation managers?

Answer 1

Gross domestic product is the output produced by a nation during a financial year expressed in terms of currency value.

When the GDP increases, people in transportation industry would have to expand their operations to to the growing demand. They have to invest in fixed capital, human resources and working capital to run the business for which the demand for money increases. The increasing trend would also other industries like packaging and other sectors.

So increase in GDP have positive effect on transportation sector while a slower growth would make managers to reduce the investment and expansion activities.