Table A. Productivity, output, and inputs in the private nonfarm business and private business sectors for selected periods, 1987-2025

 
 Table A. Productivity, output, and inputs in the private nonfarm business and private business sectors for selected periods, 1987-2025  
 
Average annual growth rates
1987-2025
1990-2000
2000-07
2007-19
2019-25
2024
2025
 
Private nonfarm business
Productivity
Total factor productivity
0.9
0.9
1.3
0.6
1.0
1.5
0.8
Labor productivity
2.0
2.2
2.7
1.5
2.2
3.0
2.2
Capital productivity
-0.4
-0.7
-0.7
-0.3
0.1
0.3
-0.1
Output
2.9
4.0
2.8
2.1
2.7
3.0
2.6
Combined inputs
2.1
3.1
1.5
1.6
1.6
1.4
1.7
Labor input
1.4
2.2
0.5
1.1
1.0
0.5
1.1
Hours worked
0.9
1.7
0.1
0.6
0.5
-0.1
0.4
Labor composition
0.5
0.5
0.4
0.5
0.5
0.6
0.6
Capital input
3.4
4.7
3.5
2.4
2.6
2.7
2.7
Analytic Ratio
Capital intensity
2.5
2.9
3.4
1.8
2.2
2.7
2.3
Private business
Productivity
Total factor productivity
0.9
1.0
1.3
0.6
1.1
1.6
0.8
Labor productivity
2.1
2.3
2.7
1.5
2.3
3.0
2.2
Capital productivity
-0.3
-0.5
-0.6
-0.2
0.1
0.4
-0.2
Output
2.9
4.0
2.8
2.1
2.7
3.0
2.6
Combined inputs
2.0
3.0
1.5
1.6
1.6
1.4
1.7
Labor input
1.3
2.2
0.5
1.1
1.0
0.5
1.0
Hours worked
0.8
1.7
0.1
0.6
0.4
0.0
0.3
Labor composition
0.5
0.5
0.4
0.5
0.5
0.6
0.7
Capital input
3.3
4.5
3.4
2.4
2.6
2.6
2.8
Analytic Ratio
Capital intensity
2.4
2.8
3.3
1.8
2.2
2.6
2.5