Figure 8. Comparing the index of MFP series during the slowdown period with past trends: private nonfarm business MFP, 2005 through 2018
Year MFP series MFP trend line (reflecting growth rate from 1948 through 2005) MFP trend line (reflecting growth rate from 1997 through 2005)

2005

96.85 96.85 96.85

2006

97.30 98.15 98.68

2007

97.80 99.44 100.52

2008

96.65 100.74 102.35

2009

96.83 102.04 104.19

2010

99.42 103.34 106.02

2011

99.28 104.63 107.86

2012

100.00 105.93 109.69

2013

100.05 107.23 111.53

2014

100.61 108.52 113.36

2015

101.53 109.82 115.20

2016

101.04 111.12 117.03

2017

101.66 112.42 118.87

2018

102.57 113.71 120.70

Notes: MFP = multifactor productivity.

Source: U.S. Bureau of Labor Statistics.