👉 The term "nonfarm" refers to a business or industry that does not generate revenue from its own operations. Instead, it generates income through sales of goods and services to other businesses or consumers. Nonfarm industries typically include sectors such as manufacturing, utilities, retail, and transportation, among others. Nonfarm includes industries that provide services but do not sell products directly to customers. For example, a nonfarm company may provide customer service, manage inventory, or offer financial advice. Nonfarm companies often
