Table 2: Private business sector: productivity and related measures for the 1987-2018 period

Table 2. Private business sector: productivity and related measures
for the 1987-2018 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       1.2
1989    1.2    -0.3     0.4     3.8     3.1     4.1     3.4       1.5

1990    2.1    -1.7     0.4     1.6     0.1     3.3     1.2       3.9
1991    1.8    -3.4    -0.4    -0.5    -1.6     3.0    -0.1       5.4
1992    4.7     1.7     3.1     4.2     0.4     2.4     1.1       2.9
1993    0.2    -0.4    -0.4     2.9     3.3     3.3     3.3       0.6
1994    0.6     1.1     0.5     4.8     4.6     3.7     4.3      -0.5

1995    0.8    -1.1     0.0     3.1     2.7     4.3     3.2       1.9
1996    2.5     0.0     1.3     4.7     2.6     4.7     3.3       2.5
1997    2.0    -0.2     1.1     5.2     3.4     5.4     4.1       2.2
1998    3.1    -0.8     1.5     5.2     2.5     6.1     3.7       4.0
1999    4.0    -0.7     2.2     5.7     1.9     6.5     3.4       4.8

2000    3.5    -1.4     1.7     4.8     1.6     6.3     3.1       4.9
2001    3.1    -3.8     0.6     0.8    -1.9     4.8     0.2       7.2
2002    4.4    -1.4     2.1     1.8    -2.0     3.2    -0.3       5.9
2003    4.1     0.6     2.5     3.3    -0.2     2.7     0.8       3.5
2004    3.0     1.5     2.3     4.3     1.5     2.7     1.9       1.5

2005    2.3     0.5     1.5     4.0     1.8     3.5     2.4       1.8
2006    1.2    -0.3     0.5     3.5     2.5     3.8     3.0       1.6
2007    1.8    -0.8     0.5     2.4     1.1     3.2     1.9       2.6
2008    1.1    -3.6    -1.1    -1.0    -1.4     2.7     0.1       4.9
2009    4.1    -4.4     0.4    -3.5    -6.7     1.0    -3.9       8.9

2010    3.3     2.4     2.6     3.3     0.6     0.8     0.7       0.8
2011   -0.2     0.1    -0.3     1.9     2.5     1.8     2.2      -0.4
2012    0.7     1.0     0.6     3.1     2.7     2.1     2.5      -0.3
2013    0.9    -0.1     0.4     2.5     1.9     2.5     2.1       0.9
2014    0.7     0.3     0.4     3.1     2.6     2.8     2.7       0.3

2015    1.2     0.7     0.9     3.6     2.6     2.9     2.7       0.5
2016    0.1    -1.2    -0.5     1.6     1.8     2.9     2.2       1.4
2017    1.1    -0.2     0.4     2.6     1.8     2.9     2.2       1.3
2018    1.4     0.7     1.0     3.5     2.3     2.8     2.5       0.7

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


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Last Modified Date: March 20, 2019