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- Gross_output abstract "Gross output is an economic concept used to measure total economic activity in the production of new goodsand services in an accounting period. It is a much broader measure of the economy than gross domestic product (GDP), which is limited mainly to final output (finished goods and services). In 2015, the Bureau of Economic Analysis estimated gross output in the United States to be $31.6 trillion, compared to $18.1 trillion for GDP.GO is defined by the Bureau of Economic Analysis (BEA) as “a measure of an industry's sales or receipts, which can include sales to final users in the economy (GDP) or sales to other industries (intermediate inputs). Gross output can also be measured as the sum of an industry's value added and intermediate inputs.”It is equal to the value of net output or GDP (also known as gross value added) plus intermediate inputs.Gross output represents, roughly speaking, the total value of sales by producing enterprises (their turnover) in an accounting period (e.g. a quarter or a year), before subtracting the value of intermediate goods used up in production.Starting in April, 2014, the BEA began publishing gross output and gross output-by-industry on a quarterly basis, along with GDP.Economists regard GO and GDP as complementary aggregate measures of the economy. Many analysts view GO as a more comprehensive way to analyze the economy and the business cycle. “Gross output [GO] is the natural measure of the production sector, while net output [GDP] is appropriate as a measure of welfare. Both are required in a complete system of accounts.”".
- Gross_output wikiPageID "2691306".
- Gross_output wikiPageLength "10167".
- Gross_output wikiPageOutDegree "25".
- Gross_output wikiPageRevisionID "703165565".
- Gross_output wikiPageWikiLink Bretton_Woods_system.
- Gross_output wikiPageWikiLink Bureau_of_Economic_Analysis.
- Gross_output wikiPageWikiLink Category:National_accounts.
- Gross_output wikiPageWikiLink David_Colander.
- Gross_output wikiPageWikiLink Equation_of_exchange.
- Gross_output wikiPageWikiLink Friedrich_Hayek.
- Gross_output wikiPageWikiLink Gene_Epstein.
- Gross_output wikiPageWikiLink Gross_domestic_product.
- Gross_output wikiPageWikiLink Gross_national_product.
- Gross_output wikiPageWikiLink Gross_value_added.
- Gross_output wikiPageWikiLink Input–output_model.
- Gross_output wikiPageWikiLink Intermediate_consumption.
- Gross_output wikiPageWikiLink Irving_Fisher.
- Gross_output wikiPageWikiLink Mark_Skousen.
- Gross_output wikiPageWikiLink National_accounts.
- Gross_output wikiPageWikiLink Net_output.
- Gross_output wikiPageWikiLink Revenue.
- Gross_output wikiPageWikiLink Sectoral_output.
- Gross_output wikiPageWikiLink Simon_Kuznets.
- Gross_output wikiPageWikiLink Steve_Forbes.
- Gross_output wikiPageWikiLink Steve_Hanke.
- Gross_output wikiPageWikiLink United_Nations_System_of_National_Accounts.
- Gross_output wikiPageWikiLink Wassily_Leontief.
- Gross_output wikiPageWikiLinkText "GO".
- Gross_output wikiPageWikiLinkText "Gross output".
- Gross_output wikiPageWikiLinkText "gross output".
- Gross_output wikiPageWikiLinkText "output".
- Gross_output subject Category:National_accounts.
- Gross_output hypernym Concept.
- Gross_output type Redirect.
- Gross_output comment "Gross output is an economic concept used to measure total economic activity in the production of new goodsand services in an accounting period. It is a much broader measure of the economy than gross domestic product (GDP), which is limited mainly to final output (finished goods and services).".
- Gross_output label "Gross output".
- Gross_output sameAs Q17019416.
- Gross_output sameAs إجمالي_الإنتاج.
- Gross_output sameAs m.07y7rv.
- Gross_output sameAs Q17019416.
- Gross_output wasDerivedFrom Gross_output?oldid=703165565.
- Gross_output isPrimaryTopicOf Gross_output.