Table 1. Private nonfarm business sector: productivity and related measures
for the 1987-2020 period1

Annual percent change from previous year

                                                                              
               Output                                  Combined               
               per                                     units of               
               unit of Multi-                          labor and              
       Labor   capital factor   Value-         Capital capital                
       produc- servic- Product- added          Servic- servic-   Capital      
Year   tivity2 es      ivity3   Output4 Labor5 es6     es7       Intensity8   

1988    1.7     0.8     1.0     4.6     3.4     3.8     3.5       0.9
1989    0.9    -0.4     0.2     3.7     3.2     4.1     3.5       1.3

1990    1.7    -1.9     0.1     1.5     0.4     3.4     1.4       3.7
1991    1.8    -3.5    -0.4    -0.5    -1.6     3.1    -0.1       5.5
1992    4.4     1.5     2.9     4.0     0.5     2.6     1.1       2.9
1993    0.2    -0.3    -0.4     3.1     3.6     3.4     3.6       0.4
1994    0.8     0.7     0.4     4.6     4.3     3.9     4.1       0.1

1995    1.2    -1.0     0.2     3.5     2.7     4.5     3.3       2.2
1996    2.1    -0.3     1.0     4.5     2.9     4.8     3.5       2.4
1997    1.9    -0.3     0.9     5.1     3.5     5.4     4.2       2.1
1998    3.1    -0.7     1.5     5.4     2.6     6.1     3.8       3.8
1999    3.8    -0.7     2.1     5.7     2.1     6.5     3.5       4.6

2000    3.3    -1.7     1.5     4.7     1.7     6.5     3.2       5.1
2001    2.9    -3.9     0.5     0.9    -1.6     4.9     0.4       7.1
2002    4.4    -1.6     2.0     1.7    -2.0     3.4    -0.3       6.2
2003    3.9     0.4     2.3     3.3    -0.1     2.9     0.9       3.5
2004    2.9     1.5     2.2     4.2     1.6     2.7     2.0       1.4

2005    2.2     0.5     1.5     4.0     1.9     3.4     2.4       1.7
2006    1.1    -0.2     0.5     3.5     2.6     3.7     3.0       1.4
2007    1.8    -0.8     0.5     2.5     1.2     3.4     2.0       2.7
2008    1.2    -3.8    -1.2    -1.0    -1.4     2.9     0.1       5.2
2009    3.8    -4.7     0.2    -3.6    -6.6     1.1    -3.8       8.9

2010    3.4     2.5     2.7     3.3     0.5     0.8     0.6       0.9
2011   -0.1     0.3    -0.1     2.0     2.4     1.7     2.2      -0.4
2012    0.8     1.2     0.7     3.2     2.7     2.0     2.4      -0.4
2013    0.5    -0.2     0.1     2.3     2.0     2.5     2.2       0.8
2014    0.8     0.4     0.6     3.2     2.5     2.8     2.6       0.5

2015    1.6     0.7     1.1     3.8     2.4     3.1     2.6       0.9
2016    0.4    -1.2    -0.4     1.8     1.7     3.0     2.2       1.6
2017    1.2     0.0     0.5     2.8     1.9     2.7     2.2       1.2
2018    1.5     0.6     0.9     3.5     2.4     2.8     2.6       0.8
2019    1.8    -0.5     0.7     2.5     1.0     3.0     1.8       2.3

2020    2.5    -6.4    -1.7    -4.2    -5.2     2.4    -2.5       9.5

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