Description:
Total business output per labor hour, converted to an index equal to 100 in 2009.
Source:
Bureau of Labor Statistics, Major Sector Productivity program.
Methodological Notes:
“Business output” is the total amount of goods and services produced by the business sector. Business output makes up about 75 percent of Gross Domestic Product. The latter also includes government output, nonprofit and private-household outputs, and the rental value of owner-occupied real estate.