Table 4: Private nonfarm business sector: Compound average annual rates of growth in productivity and related measures, 1988-2008

Table 4. Private nonfarm 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    1.7     0.9     1.0     4.6     3.5     3.8     3.6     0.9
1989    0.7    -0.4     0.0     3.5     3.3     3.9     3.5     1.2

1990    1.9    -1.8     0.4     1.5     0.1     3.4     1.1     3.8
1991    1.8    -3.5    -0.8    -0.8    -1.1     2.9     0.0     5.5
1992    4.1     1.4     2.4     3.9     1.0     2.5     1.5     2.6
1993    0.5     0.3     0.2     3.5     3.3     3.2     3.3     0.2
1994    1.1     1.1     0.8     4.8     4.1     3.7     4.0     0.1

1995    0.6    -1.1     0.1     3.3     2.7     4.5     3.2     1.7
1996    2.6    -0.3     1.4     4.5     2.2     4.8     3.0     3.0
1997    1.6    -0.3     0.7     5.2     4.0     5.5     4.5     1.9
1998    2.8    -1.5     1.3     5.0     2.4     6.6     3.7     4.4
1999    2.9    -1.6     1.3     5.2     2.6     6.9     3.9     4.5

2000    2.8    -2.5     1.1     3.8     1.2     6.5     2.7     5.5
2001    2.7    -4.0     0.4     0.5    -1.6     4.7     0.2     7.0
2002    4.2    -1.5     2.1     1.5    -2.0     3.1    -0.6     5.8
2003    3.7     0.7     2.6     3.1    -0.4     2.4     0.4     3.0
2004    2.8     1.9     2.6     4.2     1.2     2.3     1.5     1.0

2005    1.7     0.8     1.3     3.5     2.0     2.7     2.2     0.9
2006    0.9     0.2     0.5     3.2     2.6     2.9     2.7     0.7
2007    1.4    -0.9     0.2     2.0     1.2     2.9     1.8     2.4
2008	2.8    -2.0	1.1	0.8    -1.8	3.0    -0.3	5.0

See footnotes following table 4.
Source: Bureau of Labor Statistics

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Last Modified Date: May 06, 2009