Table 3: Private business sector:Compound average annual rates of growth in productivity and related measures, 1988-2008
Table 3. Private business sector: Compound average annual rates of growth in productivity and related measures, 1988-2008 Percent per year Output Combined per Output Multi- units of hour per factor Capital capital Capital of all unit of Product- Labor Serv- and per hour of Year persons capital ivity2 Output3 Input4 ices5 labor6 all persons 1988 1.6 0.5 0.8 4.4 3.4 3.9 3.5 1.1 1989 1.0 -0.2 0.2 3.7 3.2 3.9 3.4 1.2 1990 2.2 -1.6 0.6 1.5 -0.1 3.2 0.9 3.8 1991 1.7 -3.3 -0.8 -0.7 -1.0 2.7 0.1 5.2 1992 4.3 1.8 2.6 4.1 1.0 2.3 1.4 2.5 1993 0.5 0.2 0.1 3.2 3.1 3.1 3.1 0.3 1994 1.0 1.3 0.8 5.0 4.5 3.6 4.2 -0.4 1995 0.2 -1.3 -0.2 3.0 2.7 4.3 3.2 1.5 1996 2.9 0.0 1.7 4.6 2.0 4.6 2.8 2.9 1997 1.9 0.0 0.9 5.3 3.9 5.3 4.4 1.9 1998 2.8 -1.4 1.3 4.9 2.3 6.4 3.6 4.3 1999 3.1 -1.4 1.4 5.2 2.4 6.7 3.7 4.5 2000 2.9 -2.2 1.2 3.9 1.2 6.3 2.7 5.3 2001 2.8 -4.0 0.4 0.5 -1.8 4.6 0.0 7.0 2002 4.2 -1.4 2.1 1.5 -2.0 2.9 -0.5 5.6 2003 3.9 0.8 2.8 3.1 -0.5 2.3 0.4 3.1 2004 3.0 1.8 2.7 4.2 1.1 2.4 1.5 1.1 2005 1.8 0.9 1.3 3.6 2.0 2.6 2.2 0.9 2006 0.9 0.3 0.6 3.1 2.4 2.8 2.5 0.6 2007 1.6 -0.7 0.4 2.1 1.1 2.7 1.7 2.3 2008 2.7 -2.1 1.2 0.8 -1.9 2.9 -0.3 4.9 See footnotes following table 4. Source: Bureau of Labor Statistics
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Last Modified Date: May 06, 2009