Source:
U.S. Bureau of Economic Analysis
Release:
Gross Domestic Product by Industry
Units:
Percent Change, Seasonally Adjusted Annual Rate
Frequency:
Quarterly
Notes:
According to the source, value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Suggested Citation:
U.S. Bureau of Economic Analysis,
Value Added by Private Industries: Construction (Chain-Type Price Index) [VAPIPC],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/VAPIPC,
March 4, 2021.