Nonfarm Business Sector: Real Output, Percent Change : 2.8% (As of 2024-07-01)
Historical Data
Basic Info
Nonfarm Business Sector: Real Output, Percent Change was 2.8 as of 2024-07-01, according to U.S. Bureau of Labor Statistics. Historically, Nonfarm Business Sector: Real Output, Percent Change reached a record high of 16.3 and a record low of -11.1, the median value is 3.3. Typical value range is from -0.9 to 6.1. The Year-Over-Year growth is -17.6%. GuruFocus provides the current actual value, an historical data chart and related indicators for Nonfarm Business Sector: Real Output, Percent Change - last updated on 2024-07-01.
Quarterly , seasonally adjusted . 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 http://www.bls.gov/news.release/pdf/prod2.pdf Source Indicator PRS85006041
| Category | Population, Employment, & Labor Markets |
| Region | USA |
| Source | U.S. Bureau of Labor Statistics |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 2.8% | ||
| Latest Period | 2024-07-01 | ||
| Long Term Average | 2.59% | ||
| Average Annualized Growth Rate | -0.95% | ||
| Value from 1 year ago | 3.4% | ||
| Change from 1 year ago | -17.65% | ||
| Frequency | Quarterly | ||
| Unit | % | ||
| Download Source | PRS85006041.txt |
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