Gross domestic product (GDP) was up 0.2 percent in the March 2015 quarter. This follows a revised 0.7 percent rise in the December 2014 quarter. xpenditure on GDP up 0.1 percent The expenditure measure of GDP rose 0.1 percent in the March 2015 quarter, following a revised 1.2 percent increase in the December 2014 quarter. Note: The expenditure and production measures of GDP are conceptually the same, but use different data sources, so can differ in practice. The production measure of GDP measures the volume of goods and services produced in the economy, while the expenditure measure shows how these goods and services ... (full story)