For all Industries, output equals the value of Industry production, which is equal to sales plus net inventory change. In IMPLAN these are annual production estimates for the year of the dataset in producer prices. Note that for wholesale and retail sectors, Output is equal to gross wholesale margin or gross retail margin, respectively, not gross sales. The value of production for wholesale and retail sectors is the value of the services they provide; it does not include the value of the items sold within their establishment.
Learn more at Understanding Output, Retail and Wholesale: Industry Margins, and Retail and Wholesale: Commodity Margins.
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