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U.S. nonfinancial corporate sector output - quarterly percent change 2017-2020

In the United States, the nonfinancial corporate sector output decreased by 39.4 percent in the second quarter of 2020. The data are seasonally adjusted at annual rates. 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. Business output, including the nonfinancial corporate sector, accounted for about 78 percent of the value of the GDP in 2019.

Quarterly percent change in the nonfinancial corporate 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

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