Period | Total factor productivity | Capital deepening | Cyclical/other |
---|---|---|---|
1982–92 |
1.1 | 0.7 | 0.3 |
1992–2002 |
1.0 | 1.4 | -0.1 |
2002–12 |
0.9 | 1.3 | -0.1 |
2012–22 |
0.6 | 0.7 | 0.0 |
2022–32 projected |
1.0 | 1.1 | -0.1 |
Source: U.S. Bureau of Labor Statistics. |