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Table 2: Private business sector: productivity and related measures for the 1987-2019 period

Table 2. Private business sector: productivity and related measures
for the 1987-2019 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    1.5     0.4     0.8     4.3     3.2     3.9     3.5       1.1
1989    1.1    -0.2     0.4     3.8     3.1     4.0     3.4       1.4

1990    2.0    -1.6     0.4     1.6     0.2     3.2     1.2       3.7
1991    1.7    -3.4    -0.5    -0.5    -1.5     2.9    -0.1       5.3
1992    4.6     1.8     3.1     4.2     0.5     2.4     1.1       2.8
1993    0.2    -0.4    -0.5     2.9     3.4     3.3     3.4       0.5
1994    0.6     1.1     0.5     4.8     4.7     3.7     4.3      -0.5

1995    0.8    -1.1    -0.1     3.1     2.7     4.3     3.2       1.9
1996    2.4     0.1     1.3     4.7     2.6     4.6     3.3       2.4
1997    2.1     0.0     1.2     5.2     3.4     5.2     4.0       2.1
1998    3.1    -0.7     1.6     5.2     2.5     6.0     3.6       3.8
1999    4.0    -0.6     2.3     5.7     1.9     6.3     3.4       4.6

2000    3.4    -1.3     1.6     4.8     1.7     6.3     3.2       4.9
2001    3.0    -3.8     0.5     0.8    -1.8     4.8     0.3       7.1
2002    4.4    -1.4     2.0     1.8    -1.9     3.2    -0.3       5.8
2003    4.0     0.6     2.5     3.3    -0.2     2.7     0.8       3.4
2004    3.0     1.5     2.3     4.3     1.5     2.7     2.0       1.5

2005    2.2     0.5     1.5     4.0     1.9     3.5     2.4       1.8
2006    1.2    -0.3     0.5     3.5     2.5     3.8     3.0       1.5
2007    1.7    -0.8     0.4     2.4     1.2     3.2     1.9       2.6
2008    1.1    -3.6    -1.1    -1.0    -1.4     2.7     0.1       4.9
2009    4.0    -4.3     0.3    -3.5    -6.5     0.9    -3.8       8.7

2010    3.3     2.5     2.6     3.3     0.5     0.7     0.6       0.8
2011   -0.1     0.1    -0.2     1.9     2.4     1.8     2.2      -0.3
2012    0.7     1.0     0.6     3.1     2.7     2.1     2.4      -0.3
2013    0.9     0.0     0.4     2.5     1.8     2.5     2.1       0.9
2014    0.7     0.4     0.5     3.2     2.6     2.7     2.7       0.3

2015    1.3     0.7     0.9     3.6     2.5     2.9     2.7       0.6
2016    0.3    -1.1    -0.4     1.8     1.8     2.8     2.2       1.4
2017    1.3     0.1     0.6     2.8     1.8     2.7     2.2       1.2
2018    1.5     0.6     0.9     3.4     2.3     2.8     2.5       0.9
2019    1.9    -0.3     0.9     2.7     1.1     3.0     1.8       2.2

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


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Last Modified Date: March 24, 2020