A decrease in gross domestic product (GDP)necessarily means that consumer welfare has decreased.

While GDP is often used as a measure of a country's economic well-being, it only takes into account the total value of goods and services produced in a country, not necessarily the overall welfare of its citizens. Factors such as income distribution, access to education and healthcare, and environmental quality can also affect consumer welfare, independent of GDP. Therefore, a decrease in GDP does not necessarily mean a decrease in consumer welfare.