Household Production Satellite Account

Outdoor recreationWhat's the value of unpaid work done in the home? Things like cooking, cleaning, watching the kids and so forth? BEA plans to produce statistics in late 2018 that measure "household production" that took place in 2016. Going forward, BEA will explore the feasibility of producing a set of household production statistics each year. Such unpaid work is not included in BEA's calculation of U.S. GDP. This project is part of ongoing efforts at BEA to produce economic statistics that go beyond GDP and that measure economic value outside the market economy.


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