Years |
Total factor productivity |
Capital deepening |
Cyclical and/or other |
---|---|---|---|
1978–88 |
0.9 | 0.9 | –0.4 |
1988–98 |
0.9 | 0.9 | –0.1 |
1998–2008 |
1.2 | 1.7 | –0.2 |
2008–18 |
0.4 | 0.8 | 0.1 |
2018–28 projected |
0.7 | 1.0 | –0.2 |
Source: U.S. Bureau of Labor Statistics. |