Business sector

What is Business sector?

Business sector meaning All corporate and noncorporate private entities organized for profit and certain other entities that are treated as businesses in the national income and product accounts (NIPAs), including mutual financial institutions, private noninsured pension funds, cooperatives, nonprofit organizations that primarily serve businesses, Federal Reserve banks, federally sponsored credit agencies, and government enterprises. Related terms: general government sector, households and institutions sector.


reference: BEA Bureau of Economic Analysis. US Department of Commerce