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Economic Output

The quantity of a product that a company, sector, or economy can produce over a limited period of time. For example, if a widget factory produces 30,000 widgets in April and is open seven days a week, its output may be measured as 1,000 widgets per day. Economic output may be expressed as a monetary value and may be compared against the costs to produce the output (sometimes called the input).

output

goods and services produced by a firm using resource INPUTS.

output

the GOODS and SERVICES that are produced using a combination of FACTOR INPUTS.
References in periodicals archive ?
The UOP pension expenditures reached to Rs1,100 million in 2018-19 from Rs84 million in 2006-07.
Honeywell UOP (www.uop.com) is a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries.
'We needed Rs222 million and HEC released only Rs80 million to UoP. The university has only Rs80 million so we are still facing deficit here.
UOP's adsorbent technologies separate chemical compounds, and are the primary technology used to remediate contamination at sites such as the Fukushima nuclear plant in Japan.
In addition, one of the four students will be selected to attend a seven-week internship programme at the Honeywell UOP Research and Development Center located near Chicago next year.
As part of the project, which is the fourth such expansion of the JPRC refinery, Honeywell UOP will provide manager licensing services, technology licensing, front-end engineering design consultancy services, and basic engineering design.
(ii) a material increase in the size or capacity of the UOP), an Adaptation of the unit of property to a new or different use, or a Restoration of the UOP (including replacing a part that comprises a material portion of a major component of the UOP).
UOP bought a 70% stake in Thomas Russell for USD525m (EUR402.8m) in cash.
Thomas Russell, which engages in the design, engineering, fabrication and start-up of skid-mounted modular packaged plants systems for the recovery and upgrading of natural gas liquids (NGLs), brings complementary capacities to the buyer and is well positioned to cater to the needs of the expanding market for processing shale gas, as well as gas from oil fields, Andreas Kramvis, CEO of Honeywell Performance Materials and Technologies, which includes UOP, said.
UOP LLC, a Honeywell (NYSE: HON) company, said that Honeywell Green Jet Fuel produced from its UOP Renewable Jet Fuel process powered flights to the Rio+20 United Nations Conference in Rio de Janeiro, Brazil.
UOP LLC, Des Plaines, Ill., a Honeywell (NYSE: HON) company, has signed an agreement to license technology to Emerald Biofuels LLC to produce Honeywell Green Diesel at a facility in Louisiana.