Table 8: Real capital input by asset type, private nonfarm business, 1948-99

Table 8. Real capital input by asset type, private nonfarm business, 1948-99

Average annual growth rates (percent)

                        1948-   1948-   1973-   1979-   1990-   1995-   1998-
                        1999    1973    1979    1990    1995    1999    1999
All Assets               4.1     4.0     4.5     4.2     2.9     5.5     6.6
  
  Equipment              6.0     5.6     7.0     5.9     4.6     9.5    11.8
    
    All Information     11.6     9.8    13.3    14.2     8.5    17.5    21.8
    equipment & software

      Computers &       28.2    25.3    35.8    32.1    14.6    42.8    48.6
      related equipment

      Software          21.4    28.2    13.2    16.0    13.3    17.9    23.3

      Communications     8.6    10.0     7.9     8.2     4.1     7.6     9.6
      equipment

      Other IPES         6.5     6.8    11.0     5.9     3.2     3.5     3.7
    
    All other equipment  3.9     4.8     5.1     2.0     1.2     4.1     4.9
  
  Structures             3.1     3.3     3.0     3.7     1.9     2.2     2.4
  
  Residential rental     2.3     2.8     2.6     1.9     0.6     1.3     1.3
  capital

  Inventories            3.7     4.4     3.7     2.4     2.6     4.2     4.0
  
  Land                   2.7     2.8     3.3     3.5     1.1     1.4     1.8

Source: Bureau of Labor Statistics 

Note: For a brief discussion of methods used in preparing these data, 
see Summary of Methods in this release.

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