Chart 16. Growth in labor productivity and its components, 10-year compound average annual rates, for selected periods and 2022–32 projected (in percentage points)
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.