Services; etc.; value added (constant LCU) in the United States

The Services; etc.; value added (constant LCU) in the United States was last reported at 9636450789564.15 in 2010, according to a World Bank report released in 2011. The Services; etc.; value added (constant LCU) in the United States was 9377175223681.71 in 2009, according to a World Bank report, published in 2010. The Services; etc.; value added (constant LCU) in the United States was reported at 9521200000000.00 in 2008, according to the World Bank. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.This page includes a historical data chart, news and forecasts for Services; etc.; value added (constant LCU) in the United States. The economy of the United States is the largest in the world. The United States is a market-oriented economy where private individuals and business firms make most of the decisions,. The federal and state governments buy needed goods and services predominantly in the private marketplace.

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