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U.S. nonfarm business sector output - quarterly percent change 2017-2020

The nonfarm business sector output in the United States increased by 43.5 percent during the third quarter of 2020. The data are seasonally adjusted at annual rates. Business sector output is a chain-type, current-weighted index constructed after excluding from the gross domestic product (GDP) the following outputs: general government, nonprofit institutions, and private households (including owner-occupied housing). Corresponding exclusions also are made in labor inputs.

Quarterly percent change in the nonfarm business sector output in the United States from 2017 to 2020

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Source

Release date

November 2020

Region

United States

Survey time period

2017 to 2020

Supplementary notes

For a detailed explanation on the methodology employed by the Bureau of Labor Statistics to calculate the data see here.

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