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