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Economic News Release
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Table A. Productivity, output, and inputs in the private nonfarm business and private business sectors for selected periods, 1987-2021

Table A. Productivity, output, and inputs in the private nonfarm business and private business sectors for selected periods, 1987-2021
MeasureAverage annual growth rates
1987-20211990-20002000-072007-192019-202020-21

Private nonfarm business

Productivity

Total factor productivity

0.80.91.30.5-2.03.2

Labor productivity

2.02.22.71.42.51.9

Output per unit of capital input

-0.6-0.7-0.6-0.5-6.85.3

Output

2.84.02.82.0-4.37.4

Combined inputs

2.03.01.51.5-2.44.1

Labor input

1.32.20.51.0-5.35.3

Hours

0.81.70.10.6-6.75.4

Labor composition

0.40.50.40.41.50.1

Capital input

3.54.73.52.52.72.0

Analytic ratio

Capital intensity

2.63.03.31.910.1-3.2

Private business

Productivity

Total factor productivity

0.81.01.30.5-1.93.2

Labor productivity

2.02.32.71.42.61.9

Output per unit of capital input

-0.5-0.5-0.6-0.4-6.65.0

Output

2.84.02.82.0-4.27.2

Combined inputs

2.03.01.41.5-2.34.0

Labor input

1.22.20.41.0-5.35.2

Hours

0.81.70.10.6-6.65.3

Labor composition

0.40.50.40.41.40.1

Capital input

3.44.63.42.42.62.1

Analytic ratio

Capital intensity

2.52.83.31.89.9-3.0
Last Modified Date: March 24, 2022