Source:
U.S. Bureau of Economic Analysis
Release:
Gross Domestic Product by Industry
Units:
Millions of Dollars, 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: Retail Trade [VAR],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/VAR,
March 2, 2021.