Corporate profits contributed disproportionately to price growth in the COVID-19 economic recovery: Share of NFC price growth accounted for by unit labor costs, non-labor costs, and profits, 2020q2–2022q4 and shares of each between 2007–2019

2020q2–2022q4 Shares, 2007–2019
Unit labor costs 32.8% 58.4%
Non-labor costs 32.3% 28.6%
Profits 34.4% 13.1%

Source: Bureau of Economic Analysis (BEA) National Income and Product Accounts (NIPA) data, Table 1.15. 

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