Figure A

Normal and recent contributions to growth in unit prices in the nonfinancial corporate sector

2020 Q2–2021 Q4 1979–2019 average
Corporate profits 53.9% 11.4%
Nonlabor input costs 38.3% 26.8%
Unit labor costs 7.9% 61.8%
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Source: Author’s analysis of data from Table 1.15 from the National Income and Product Accounts (NIPA) of the Bureau of Economic Analysis (BEA).

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