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% |
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).