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Nonfarm Business Sector: Real Value-Added Output for All Workers (PRS85006042)

Observation:

Q4 2023: 3.5 (+ more)   Updated: Mar 7, 2024 7:36 AM CST
Q4 2023:  3.5  
Q3 2023:  5.8  
Q2 2023:  2.0  
Q1 2023:  1.8  
Q4 2022:  2.8  
View All

Units:

Percent Change at Annual Rate,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Productivity and Costs  

Units:  Percent Change at Annual Rate, Seasonally Adjusted

Frequency:  Quarterly

Notes:

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 PRS85006042

Suggested Citation:

U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Real Value-Added Output for All Workers [PRS85006042], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS85006042, April 22, 2024.

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