A Decomposition of Per Unit Price Inflation in Nonfinancial Corporate Sector, through 2023Q3
For nonfinancial corporate business sector, using price per unit real gross value added. Figure 1: Quarter-on-quarter inflation of price of gross value added (black line), contribution of unit labor costs (blue bar), of non-labor unit costs (brown), and of profits (green). NBER defined recession dates shaded gray. Source: BEA 2023Q3 2nd release, Table 1.15, NBER,
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