Table A. Productivity, output, and inputs in the private nonfarm business and private business sectors for selected periods, 1987-2020

 
 Table A. Productivity, output, and inputs in the private nonfarm business and private business sectors for selected periods, 1987-2020  
 
% Change Year Ago
1987-2020
1987-1990
1990-2000
2000-2007
2007-2019
2018-2019
2019-2020
 
Private nonfarm business
Multifactor productivity
0.7
0.4
1.0
1.4
0.5
0.7
-1.7
Labor productivity
2.0
1.4
2.2
2.7
1.4
1.8
2.5
Capital productivity
-0.7
-0.5
-0.6
-0.6
-0.4
-0.5
-6.4
Real value-added output
2.7
3.2
4.0
2.9
2.0
2.5
-4.2
Combined inputs of value-added
1.9
2.8
3.0
1.5
1.5
1.8
-2.5
Labor input
1.2
2.3
2.2
0.5
0.9
1.0
-5.2
Hours of all persons
0.7
1.8
1.7
0.1
0.5
0.7
-6.5
Labor composition
0.5
0.5
0.5
0.4
0.4
0.3
1.6
Capital input
3.4
3.8
4.7
3.5
2.4
3.0
2.4
Capital intensity
2.7
2.0
2.9
3.4
1.8
2.3
9.5
Private business
Multifactor productivity
0.8
0.5
1.0
1.4
0.5
0.7
-1.7
Labor productivity
2.0
1.6
2.3
2.8
1.4
1.8
2.5
Capital productivity
-0.6
-0.5
-0.5
-0.6
-0.3
-0.5
-6.4
Real value-added output
2.7
3.2
4.0
2.9
2.0
2.5
-4.1
Combined inputs of value-added
1.9
2.7
2.9
1.4
1.5
1.8
-2.4
Labor input
1.1
2.2
2.2
0.4
0.9
1.0
-5.1
Hours of all persons
0.7
1.6
1.7
0.1
0.5
0.7
-6.4
Labor composition
0.5
0.5
0.5
0.4
0.4
0.3
1.5
Capital input
3.3
3.7
4.5
3.4
2.3
3.0
2.4
Capital intensity
2.7
2.0
2.8
3.4
1.8
2.2
9.5