The GDP multiplier is a term used in the calculation of End-Use Consumption. One of the three elements of our End-Use Consumption analysis requires a correlation with an indicator of Economic Growth in a given region. The analysis uses a multiplier on this Economic Growth indicator to calculate the contribution of these elements to the growth in demand for the product. The most common indicator used in our system is GDP as this is commonly understood and readily available around the world.
The growth index is a data series defined to best represent the economic drivers for the consumption growth of a product in a particular sector. The growth index is based on varying proportions of different indices such as GDP, population and industrial production etc as appropriate for each product sector.