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Source: U.S. Bureau of Labor Statistics
Release: Productivity and Costs
Units: Index 2017=100, Seasonally Adjusted
Frequency: Quarterly
U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Labor Share for All Workers [PRS85006173], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS85006173, May 21, 2024.
Source: U.S. Congressional Budget Office
Release: Budget and Economic Outlook
Units: Billions of Chained 2017 Dollars, Not Seasonally Adjusted
Frequency: Quarterly
Real potential GDP is the CBO’s estimate of the output the economy would produce with a high rate of use of its capital and labor resources. The data is adjusted to remove the effects of inflation.
U.S. Congressional Budget Office, Real Potential Gross Domestic Product [GDPPOT], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDPPOT, May 21, 2024.