Source: U.S. Bureau of Labor Statistics
Release: Productivity and Costs
Real output is constructed from the gross domestic product (GDP) excluding the following outputs: general government, nonprofit institutions, paid employees of private households, and the rental value of owner-occupied dwellings. The farm sector, which is subject to unique external forces, also is excluded to yield the nonfarm business sector, the principal focus of many productivity studies.
For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf
Source Indicator PRS85006041
U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Output for All Employed Persons [PRS85006041], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS85006041, January 28, 2023.