Economic impact,

Definition of Economic impact:

1. A macroeconomic effect on commerce, employment, or incomes produced by a decision, event, or policy.

How to use Economic impact in a sentence?

1. The economic impact of the Federal Reserves decision to raise interest rates will be measured in part by unemployment statistics for the ensuing quarter.
2. The implementation of the new policy and the decisions made by the company had an adverse economic impact on commerce in the metropolitan area.
3. You should follow the news closely and see if there is anything happening that may have a big economic impact .