Private Nonfarm Business Sector: Real Value-Added Output (MPU4910022)

Source: U.S. Bureau of Labor Statistics  

Release: Total Factor Productivity for Major Industries  

Units:  Index 2017=100, Not Seasonally Adjusted

Frequency:  Annual

Private business sector output is a chain-type, current-weighted index constructed after excluding from gross domestic product (GDP) the following outputs: general government, nonprofit institutions, private households (including owner-occupied housing), and government enterprises. This data used Tornqvist (cost share wts.) aggregate K and L.

For more information, please go to https://www.bls.gov/mfp/

Source Indicator: MPU4910022