Gross operating surplus
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- Value derived as a residual for most industries after subtracting total intermediate inputs, compensation of employees, and taxes on production and imports less subsidies from total industry output. Gross operating surplus includes consumption of fixed capital (CFC), proprietors' income, corporate profits, and business current transfer payments (net). Prior to 2003, it was referred to as other value added or property-type income.
Bureau of Economic Analysis - Cite This Source - This Definition - Gross output, NDP, Net domestic product, Net domestic product (NDP), Net gross receipts, Net gross receipts (NGR), NGR