1 MULTIFACTOR PRODUCTIVITY IN U.S. MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 PERCENT CHANGE FROM PREVIOUS YEAR IN OUTPUT AND IN INPUTS OF CAPITAL, LABOR, ENERGY, MATERIALS, AND BUSINESS SERVICES. PERCENT CHANGE FROM PREVIOUS YEAR IN OUTPUT AND INPUT PRICES. ANNUAL VALUES OF PRODUCTION AND INPUT COSTS. INDEXES 1996=100 VALUES IN BILLIONS OF CURRENT DOLLARS SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, Feb. 10, 2004 1 MEASUREMENT FRAMEWORK AND METHODS As with the Bureau of Labor Statistics (BLS) major sector measures, which include only labor and capital inputs, multifactor productivity growth in this study is defined as the difference between output growth and the growth of a composite of inputs, in this case a weighted combination of capital, labor, energy, materials, and business services (KLEMS). Growth in the input composite is calculated as a weighted average of changes in individual inputs, where the weights are the shares of each input in current dollar output. The general framework underlying these new measures draws on the microeconomic theory of the firm and the notion of a production function to support the use of output elasticities for input factor weights. The weights used for input aggregation are approximated with factor cost shares which sum to one in each period. This multifactor productivity (MFP) measurement work also draws on recent developments in index number theory which shows that Tornqvist weighting--that is, aggregation using weights based on current costs--minimizes restrictive assumptions about the structure of production. The new sectoral MFP measures are based on indexes of real quantity and cost measures of sectoral output and capital, labor, energy, materials, and purchased business services inputs. Measures of capital and labor for the new two-digit Standard Industrial Classification (S.I.C.) manufacturing measures employ the general data sources and procedures used for major sector labor productivity and MFP measures. These sources are reviewed only briefly here, because they have been described previously (see the reference below to an article by Gullickson and Harper.) Labor is measured as the hours worked by all persons engaged in a sector. The sources for employment and average weekly hours data are the BLS Current Employment Statistics program and Current Population Survey. Capital input is defined as the flow of services from physical assets, which include equipment, structures, inventories and land. Service flows are assumed proportional to stocks. For depreciable assets (equipment and structures), these stocks are measured using the perpetual inventory method. The BLS method relates the services of older assets to new ones by assuming that efficiency of assets is a function of age such that efficiency declines gradually early in an investment cohort's life and more quickly later on. Stocks of assets for these two-digit industries, as for the aggregate sectors, are combined using weights based on implicit rental price estimates--that is, estimates of the prices that various types of capital would bring on a rental market. The capital rental price formula consists essentially of the rate of return on assets plus the rate of depreciation minus capital gains, all in nominal terms. Capital gains, usually computed as the annual change in the deflator for new investment, was computed as a three-year moving average because of the volatility of that series. Unlike the rental price formula used in other productivity measures, which was derived from a perfect foresight assumption, the use of a three-year moving average capital gain estimate is consistent with the view that producers anticipate price movements generally rather than annually. "Sectoral" output is based on the deflated value of production, less that portion which is consumed in the same industry. This treatment is consistent with a production function which represents the industry as if it were a single process. Real production equals the deflated value of shipments and miscellaneous receipts plus inventory change. Intra-industry transactions are removed from all output and material input series used in this study, using transactions data contained in the various input-output tables for the U.S. economy prepared by the U.S. Bureau of Economic Analysis (BEA). It should be noted that this intra-sector transaction for total manufacturing is greater than the sum of intra-sector transactions for two-digit industries. For each two-digit industry, intra-sector transactions are those between establishments in the same industry; for total manufacturing, the intra-sector transaction consists of all shipments between domestic manufacturers, regardless of industry. Energy input is constructed using data on price and quantity from the Census of Manufactures (CM) and the Annual Survey of Manufactures (ASM), together with deflators from the BLS Producer Price Index program. Data are collected in the CM and ASM on the quantity and cost of fuels purchased for use as heat or power. Energy data for the separate energy categories are then Tornqvist aggregated. 1 Nonenergy materials input represents all commodity inputs exclusive of fuels (electricity, fuel oil, coal, natural gas, and other miscellaneous fuels) but inclusive of fuel-type inputs used as raw materials in a manufacturing process, such as crude petroleum used by the refining industry. In addition to raw and processed materials, these measures include all incidental commodity inputs such as office supplies, vehicle parts bought for maintenance, and small tools, if these are allowable as current costs for computing business taxes. Directly collected data on purchased business services are relatively scant, and for that reason they have heretofore been ignored in studies of this type. There is ample evidence of an increased use of purchased business services by industries over the post-war period and there are two important aspects of this to consider. The first is that a sizable and growing input should not be ignored in productivity measurement, if aggregate inputs are not to be underestimated and mismeasured. The other is the possibility of substitution between capital, labor, and services purchased from outside. Examples of the latter are the substitution of leased equipment for owned capital and purchased accounting, legal, and technical services for services performed by payroll employees. For additional description of these BLS measures, see William Gullickson and Michael J. Harper, "Multifactor Productivity in U.S. Manufacturing, 1949-83," Monthly Labor Review, October 1987, pp. 18-28. The current data set updates the measures described in this article and incorporates several technical improvements. 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: TOTAL MANUFACTURING (SIC 20-39) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 4.5 3.0 1.0 5.5 -0.9 9.1 1.6 2.9 1964. 6.0 3.1 2.1 10.1 3.1 6.2 3.0 2.9 1965. 8.4 5.2 5.9 5.7 4.5 7.0 5.5 2.7 1966. 7.6 7.4 6.5 7.4 6.4 12.9 7.2 0.4 1967. 3.1 8.2 -0.6 7.8 4.6 13.4 3.7 -0.6 1968. 5.0 4.8 1.4 6.2 1.3 -0.2 2.0 3.0 1969. 2.9 5.3 1.2 3.5 0.0 6.1 2.2 0.7 1970. -4.8 4.2 -5.9 0.3 -3.7 -3.4 -3.4 -1.4 1971. 2.9 3.0 -3.6 1.5 6.5 -1.1 0.0 2.8 1972. 8.9 3.2 4.6 2.7 6.8 6.7 5.0 3.7 1973. 7.1 5.2 5.1 3.1 4.6 8.9 5.3 1.7 1974. -2.6 5.8 -2.3 2.7 9.6 7.2 3.1 -5.5 1975. -5.4 5.1 -9.9 -7.0 5.3 -3.3 -2.7 -2.8 1976. 9.1 3.9 4.8 3.8 8.3 2.4 5.4 3.5 1977. 8.4 4.5 4.1 0.1 12.7 8.3 6.9 1.4 1978. 5.2 4.3 4.2 1.2 4.4 5.6 4.3 0.9 1979. 1.2 4.5 1.9 4.2 -2.7 12.7 2.0 -0.8 1980. -4.2 4.7 -4.6 -4.0 -3.0 -4.0 -2.7 -1.5 1981. 0.4 4.6 -0.7 -0.4 -0.7 -3.4 -0.2 0.6 1982. -3.9 2.9 -8.7 -9.6 -2.5 -12.1 -5.4 1.6 1983. 4.5 1.0 1.4 1.1 0.3 12.1 1.9 2.5 1984. 10.2 2.9 6.5 6.4 9.9 6.3 6.9 3.1 1985. 2.9 3.4 -0.8 -3.3 5.9 -6.8 1.2 1.7 1986. 2.8 2.6 -1.4 0.8 2.7 5.4 1.2 1.7 1987. 3.6 2.2 0.6 6.2 -4.4 8.3 0.4 3.2 1988. 4.9 1.7 2.8 4.0 1.4 9.3 3.0 1.8 1989. 0.5 2.0 0.5 0.2 4.4 6.7 2.5 -1.9 1990. 0.7 2.5 -2.1 3.2 3.3 2.5 0.9 -0.2 1991. -2.0 2.2 -4.2 0.2 1.4 -0.1 -1.0 -1.0 1992. 4.8 2.2 -0.4 -0.1 6.4 8.7 3.0 1.8 1993. 3.3 2.2 1.4 3.7 3.5 1.0 2.1 1.1 1994. 5.3 2.3 2.2 3.4 4.4 3.4 3.0 2.3 1995. 4.3 3.4 0.4 2.4 3.2 4.6 2.3 2.0 1996. 3.2 3.8 -0.4 -2.2 7.4 -0.4 2.3 0.8 1997. 5.6 4.1 1.7 -2.5 1.9 3.9 2.4 3.1 1998. 4.7 4.4 -0.2 3.3 5.4 -0.8 2.1 2.6 1999. 3.8 3.8 -0.8 2.2 0.4 2.2 0.9 2.8 2000. 2.3 3.0 -1.5 1.3 -1.0 1.1 -0.1 2.3 2001. -4.5 1.5 -5.6 -5.2 -1.3 -8.3 -3.7 -0.8 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.1 3.6 0.4 2.5 2.7 3.6 1.9 1.2 1949-1973 4.0 4.0 1.4 4.9 2.4 5.1 2.4 1.5 1973-2001 2.4 3.3 -0.5 0.5 3.0 2.4 1.5 0.9 1973-1979 2.5 4.7 0.3 0.8 6.2 5.4 3.1 -0.6 1979-1990 2.0 2.8 -0.7 0.3 1.5 1.9 0.8 1.1 1990-1995 3.1 2.5 -0.1 1.9 3.8 3.5 1.9 1.2 1995-2000 3.9 3.8 -0.2 0.4 2.8 1.2 1.5 2.3 2000-2001 -4.5 1.5 -5.6 -5.2 -1.3 -8.3 -3.7 -0.8 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOTAL MANUFACTURING (SIC 20-39) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 22.7 18.7 76.4 27.0 26.1 15.2 37.9 59.7 1953. 30.5 22.9 94.6 33.6 31.6 21.6 46.8 65.0 1954. 28.6 23.1 86.5 34.6 29.4 20.5 44.0 65.0 1955. 31.3 24.0 91.2 39.4 32.0 22.8 46.9 66.8 1956. 31.7 25.2 92.6 43.2 32.3 23.9 48.0 66.0 1957. 31.8 26.0 91.1 44.0 32.2 24.6 48.0 66.3 1958. 29.6 26.3 83.6 44.3 30.7 23.3 45.5 65.2 1959. 32.3 26.8 89.2 47.0 31.7 24.9 47.7 67.7 1960. 32.8 27.4 88.8 47.9 33.0 25.3 48.3 67.9 1961. 32.8 28.0 86.5 48.1 32.9 25.1 47.9 68.4 1962. 35.2 28.8 90.1 50.9 33.4 26.9 49.5 71.0 1963. 36.8 29.6 91.0 53.7 33.1 29.3 50.3 73.1 1964. 39.0 30.6 92.9 59.1 34.1 31.1 51.8 75.2 1965. 42.2 32.1 98.3 62.5 35.6 33.3 54.7 77.2 1966. 45.5 34.5 104.8 67.0 37.9 37.6 58.6 77.5 1967. 46.9 37.4 104.1 72.3 39.7 42.6 60.8 77.1 1968. 49.2 39.1 105.6 76.8 40.2 42.5 62.0 79.4 1969. 50.6 41.2 106.9 79.5 40.2 45.1 63.4 79.9 1970. 48.2 43.0 100.6 79.7 38.7 43.6 61.2 78.8 1971. 49.6 44.3 96.9 80.8 41.2 43.1 61.2 81.0 1972. 54.1 45.7 101.4 83.0 44.0 46.0 64.3 84.0 1973. 57.9 48.0 106.6 85.6 46.0 50.1 67.7 85.4 1974. 56.4 50.8 104.1 87.9 50.5 53.7 69.8 80.8 1975. 53.3 53.4 93.9 81.8 53.1 51.9 67.9 78.5 1976. 58.2 55.5 98.3 84.9 57.5 53.2 71.6 81.3 1977. 63.1 58.0 102.4 85.0 64.9 57.6 76.6 82.4 1978. 66.4 60.5 106.7 86.1 67.7 60.8 79.9 83.1 1979. 67.1 63.2 108.7 89.7 65.9 68.5 81.4 82.5 1980. 64.3 66.1 103.7 86.1 63.9 65.8 79.2 81.2 1981. 64.6 69.2 103.0 85.8 63.5 63.5 79.0 81.7 1982. 62.0 71.2 94.0 77.6 61.9 55.9 74.7 83.0 1983. 64.8 71.9 95.4 78.5 62.0 62.7 76.2 85.1 1984. 71.5 74.0 101.6 83.5 68.2 66.6 81.5 87.7 1985. 73.5 76.5 100.8 80.7 72.2 62.1 82.4 89.2 1986. 75.6 78.5 99.4 81.4 74.2 65.4 83.4 90.7 1987. 78.3 80.2 100.0 86.5 70.9 70.8 83.7 93.6 1988. 82.2 81.6 102.8 89.9 71.9 77.4 86.2 95.3 1989. 82.6 83.2 103.3 90.2 75.0 82.6 88.3 93.5 1990. 83.2 85.3 101.1 93.1 77.5 84.7 89.1 93.3 1991. 81.5 87.1 96.9 93.2 78.5 84.6 88.3 92.4 1992. 85.5 89.1 96.5 93.1 83.5 92.0 90.9 94.0 1993. 88.3 91.1 97.8 96.6 86.5 92.9 92.8 95.1 1994. 92.9 93.2 99.9 99.9 90.3 96.0 95.5 97.3 1995. 96.9 96.4 100.4 102.3 93.1 100.4 97.7 99.2 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 105.6 104.1 101.7 97.5 101.9 103.9 102.4 103.1 1998. 110.5 108.7 101.5 100.6 107.5 103.1 104.6 105.7 1999. 114.7 112.8 100.7 102.9 107.9 105.4 105.5 108.7 2000. 117.4 116.2 99.2 104.3 106.9 106.5 105.5 111.3 2001. 112.1 117.9 93.6 98.9 105.5 97.7 101.6 110.3 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOTAL MANUFACTURING (SIC 20-39) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 0.0 7.2 3.8 -0.2 -1.9 2.6 2.8 2.9 1964. 0.2 2.9 4.9 -3.8 0.5 2.4 3.1 2.9 1965. 1.1 11.7 0.9 -0.9 3.8 3.1 3.8 2.7 1966. 2.8 0.3 4.5 -0.4 3.8 2.8 3.2 0.4 1967. 1.5 -9.3 6.1 -0.4 -0.9 2.8 0.9 -0.6 1968. 2.2 4.0 7.2 -1.2 4.0 3.2 5.3 3.0 1969. 3.3 -6.7 7.5 1.7 6.7 3.2 4.0 0.7 1970. 3.4 -13.4 6.9 6.5 2.3 4.8 1.9 -1.4 1971. 3.6 11.5 6.1 8.8 4.4 4.8 6.5 2.8 1972. 3.4 10.0 5.7 8.4 9.1 5.4 7.3 3.7 1973. 7.8 2.1 8.7 10.9 18.8 4.5 9.6 1.7 1974. 17.3 -6.9 12.8 31.6 18.6 7.1 10.9 -5.5 1975. 11.9 14.2 9.1 29.2 4.3 7.5 8.7 -2.8 1976. 4.3 13.4 9.2 16.9 2.6 8.2 8.0 3.5 1977. 6.2 10.3 8.7 17.1 3.5 8.3 7.6 1.4 1978. 6.8 4.7 8.6 13.8 7.8 8.0 7.8 0.9 1979. 11.5 -2.0 10.3 13.1 18.8 7.5 10.6 -0.8 1980. 14.4 -2.0 11.9 20.7 21.2 9.1 12.6 -1.5 1981. 9.1 10.5 9.3 16.2 9.5 8.9 9.7 0.6 1982. 2.8 -3.5 9.9 16.7 -0.1 6.9 4.5 1.6 1983. 0.4 9.5 2.6 5.4 -1.0 5.9 2.9 2.5 1984. 1.7 15.6 3.6 0.9 1.4 5.6 4.9 3.1 1985. -0.6 -5.7 6.2 -1.3 -2.6 4.5 1.0 1.7 1986. -3.9 -4.1 4.9 -8.5 -10.9 0.5 -2.3 1.7 1987. 2.0 14.5 3.3 -6.3 4.7 4.7 5.2 3.2 1988. 2.9 13.5 2.5 -2.9 4.1 4.0 4.8 1.8 1989. 4.1 0.5 3.1 0.5 2.3 1.9 2.2 -1.9 1990. 3.6 0.7 4.2 -2.0 4.5 4.2 3.4 -0.2 1991. 0.6 -5.5 4.8 -1.7 -5.6 2.8 -0.4 -1.0 1992. 0.4 1.3 6.7 5.4 -5.0 3.9 2.2 1.8 1993. 0.8 2.6 2.5 2.4 0.6 2.4 2.0 1.1 1994. 1.1 12.9 3.0 -1.9 -1.8 3.3 3.4 2.3 1995. 1.8 7.9 2.8 -4.9 4.1 2.4 3.8 2.0 1996. 0.9 1.9 1.5 9.2 0.7 3.1 1.8 0.8 1997. -0.6 5.3 3.7 5.9 -2.2 3.2 2.5 3.1 1998. -3.5 -5.0 5.3 10.6 -10.2 2.6 -1.0 2.6 1999. 0.4 0.7 4.3 2.1 4.5 2.4 3.3 2.8 2000. 2.7 -8.7 7.3 18.9 13.4 2.8 5.1 2.3 2001. -0.6 -12.7 0.8 2.8 0.9 2.7 -1.4 -0.8 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.8 2.4 5.6 4.5 2.6 4.2 4.1 1.2 1949-1973 2.2 2.1 5.4 1.7 2.4 3.6 3.7 1.5 1973-2001 3.4 2.7 5.8 7.0 2.9 4.8 4.4 0.9 1973-1979 9.6 5.3 9.8 20.1 9.1 7.8 8.9 -0.6 1979-1990 3.2 4.2 5.5 3.2 2.7 5.1 4.4 1.1 1990-1995 0.9 3.7 3.9 -0.2 -1.6 3.0 2.2 1.2 1995-2000 0.0 -1.3 4.4 9.2 1.0 2.8 2.3 2.3 2000-2001 -0.6 -12.7 0.8 2.8 0.9 2.7 -1.4 -0.8 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOTAL MANUFACTURING (SIC 20-39) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 22.9 23.3 7.3 14.8 27.0 13.2 13.7 59.7 1953. 25.4 27.3 9.6 17.0 29.7 16.1 16.5 65.0 1954. 25.7 25.5 10.0 15.6 30.1 16.6 16.7 65.0 1955. 25.9 31.1 10.3 15.2 28.9 17.1 17.3 66.8 1956. 26.9 29.1 11.0 15.6 29.1 17.8 17.7 66.0 1957. 27.8 28.7 11.6 16.2 30.6 18.2 18.4 66.3 1958. 28.5 25.9 12.2 15.8 30.5 19.1 18.6 65.2 1959. 28.9 31.8 12.8 16.3 29.7 19.4 19.6 67.7 1960. 28.9 29.5 13.3 16.6 29.2 20.2 19.6 67.9 1961. 28.9 29.4 13.6 16.6 28.9 20.6 19.8 68.4 1962. 28.9 32.4 14.1 16.6 29.4 21.1 20.6 71.0 1963. 28.9 34.8 14.6 16.6 28.8 21.6 21.1 73.1 1964. 29.0 35.8 15.3 15.9 28.9 22.1 21.8 75.2 1965. 29.3 40.0 15.4 15.8 30.1 22.8 22.6 77.2 1966. 30.1 40.1 16.1 15.7 31.2 23.4 23.4 77.5 1967. 30.6 36.3 17.1 15.7 30.9 24.1 23.6 77.1 1968. 31.3 37.8 18.4 15.5 32.1 24.9 24.8 79.4 1969. 32.3 35.2 19.7 15.7 34.3 25.7 25.8 79.9 1970. 33.4 30.5 21.1 16.8 35.1 26.9 26.3 78.8 1971. 34.6 34.0 22.4 18.2 36.6 28.2 28.0 81.0 1972. 35.8 37.4 23.6 19.8 40.0 29.7 30.1 84.0 1973. 38.5 38.2 25.7 21.9 47.5 31.0 32.9 85.4 1974. 45.2 35.6 29.0 28.9 56.3 33.2 36.5 80.8 1975. 50.6 40.7 31.6 37.3 58.7 35.7 39.7 78.5 1976. 52.8 46.1 34.5 43.6 60.3 38.6 42.9 81.3 1977. 56.0 50.9 37.5 51.0 62.4 41.9 46.1 82.4 1978. 59.9 53.2 40.7 58.1 67.3 45.2 49.7 83.1 1979. 66.7 52.2 44.9 65.7 79.9 48.6 55.0 82.5 1980. 76.3 51.1 50.3 79.3 96.9 53.0 62.0 81.2 1981. 83.2 56.5 54.9 92.1 106.1 57.8 68.0 81.7 1982. 85.6 54.5 60.4 107.6 105.9 61.8 71.1 83.0 1983. 85.9 59.7 62.0 113.3 104.9 65.4 73.1 85.1 1984. 87.4 69.0 64.2 114.4 106.4 69.0 76.7 87.7 1985. 86.8 65.1 68.2 112.9 103.7 72.2 77.5 89.2 1986. 83.4 62.4 71.5 103.3 92.3 72.5 75.7 90.7 1987. 85.1 71.4 73.9 96.8 96.7 75.9 79.7 93.6 1988. 87.6 81.1 75.7 94.0 100.7 79.0 83.5 95.3 1989. 91.2 81.4 78.0 94.4 103.0 80.4 85.3 93.5 1990. 94.5 82.0 81.2 92.6 107.6 83.8 88.2 93.3 1991. 95.1 77.5 85.1 91.0 101.6 86.1 87.8 92.4 1992. 95.5 78.5 90.9 95.8 96.5 89.5 89.8 94.0 1993. 96.3 80.6 93.1 98.1 97.1 91.6 91.6 95.1 1994. 97.3 90.9 95.9 96.2 95.4 94.7 94.6 97.3 1995. 99.1 98.2 98.5 91.6 99.3 97.0 98.2 99.2 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 99.4 105.3 103.7 105.9 97.8 103.2 102.5 103.1 1998. 96.0 100.0 109.2 117.0 87.9 105.8 101.4 105.7 1999. 96.3 100.7 113.9 119.5 91.8 108.3 104.7 108.7 2000. 98.9 91.9 122.2 142.2 104.1 111.4 110.1 111.3 2001. 98.4 80.2 123.2 146.1 105.1 114.4 108.5 110.3 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOTAL MANUFACTURING (SIC 20-39) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 1.5 3.5 -0.9 5.5 -4.2 2.9 1964. 2.8 3.8 -3.7 2.8 -0.2 2.9 1965. 3.0 2.4 2.5 3.7 1.3 2.7 1966. 0.2 1.1 0.3 1.2 -4.6 0.4 1967. -4.8 3.7 -4.4 -1.5 -9.1 -0.6 1968. 0.3 3.5 -1.1 3.7 5.3 3.0 1969. -2.3 1.7 -0.5 3.0 -3.0 0.7 1970. -8.6 1.2 -5.0 -1.1 -1.5 -1.4 1971. -0.1 6.7 1.4 -3.4 4.0 2.8 1972. 5.6 4.2 6.1 2.0 2.1 3.7 1973. 1.8 1.9 3.8 2.3 -1.7 1.7 1974. -7.9 -0.3 -5.2 -11.1 -9.1 -5.5 1975. -10.0 4.9 1.7 -10.1 -2.2 -2.8 1976. 5.0 4.2 5.2 0.7 6.6 3.5 1977. 3.7 4.1 8.2 -3.9 0.1 1.4 1978. 0.9 1.0 3.9 0.8 -0.3 0.9 1979. -3.2 -0.7 -2.9 4.0 -10.2 -0.8 1980. -8.5 0.4 -0.2 -1.3 -0.2 -1.5 1981. -4.1 1.1 0.8 1.1 3.9 0.6 1982. -6.6 5.2 6.3 -1.4 9.3 1.6 1983. 3.4 3.0 3.3 4.2 -6.9 2.5 1984. 7.1 3.5 3.6 0.3 3.7 3.1 1985. -0.5 3.7 6.4 -2.9 10.4 1.7 1986. 0.2 4.3 2.0 0.1 -2.4 1.7 1987. 1.4 3.0 -2.5 8.4 -4.3 3.2 1988. 3.1 2.0 0.8 3.5 -4.1 1.8 1989. -1.4 0.1 0.3 -3.7 -5.8 -1.9 1990. -1.7 2.8 -2.5 -2.5 -1.8 -0.2 1991. -4.0 2.3 -2.1 -3.3 -1.8 -1.0 1992. 2.5 5.3 5.0 -1.5 -3.6 1.8 1993. 1.0 1.8 -0.4 -0.3 2.2 1.1 1994. 2.9 3.0 1.8 0.9 1.9 2.3 1995. 0.9 3.9 1.9 1.1 -0.2 2.0 1996. -0.6 3.6 5.5 -3.9 3.6 0.8 1997. 1.4 3.8 8.3 3.6 1.7 3.1 1998. 0.3 4.9 1.4 -0.7 5.5 2.6 1999. 0.0 4.6 1.5 3.4 1.5 2.8 2000. -0.7 3.8 0.9 3.3 1.2 2.3 2001. -5.8 1.2 0.7 -3.2 4.1 -0.8 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.5 2.7 0.6 0.4 -0.5 1.2 1949-1973 0.0 2.5 -0.9 1.6 -1.1 1.5 1973-2001 -0.8 2.9 1.9 -0.6 0.0 0.9 1973-1979 -2.1 2.2 1.7 -3.4 -2.7 -0.6 1979-1990 -0.8 2.6 1.6 0.5 0.0 1.1 1990-1995 0.6 3.3 1.2 -0.6 -0.3 1.2 1995-2000 0.1 4.1 3.5 1.1 2.7 2.3 2000-2001 -5.8 1.2 0.7 -3.2 4.1 -0.8 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOTAL MANUFACTURING (SIC 20-39) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 122.3 39.1 69.1 105.4 130.9 71.0 1963. 124.1 40.4 68.5 111.2 125.4 73.1 1964. 127.6 42.0 66.0 114.3 125.2 75.2 1965. 131.5 42.9 67.6 118.5 126.8 77.2 1966. 131.7 43.4 67.8 119.9 120.9 77.5 1967. 125.4 45.0 64.8 118.1 109.9 77.1 1968. 125.8 46.6 64.1 122.4 115.7 79.4 1969. 122.8 47.4 63.7 126.1 112.2 79.9 1970. 112.2 48.0 60.5 124.6 110.5 78.8 1971. 112.1 51.2 61.4 120.4 115.0 81.0 1972. 118.4 53.3 65.1 122.8 117.5 84.0 1973. 120.5 54.3 67.6 125.7 115.5 85.4 1974. 110.9 54.1 64.1 111.7 105.0 80.8 1975. 99.9 56.8 65.2 100.4 102.7 78.5 1976. 104.9 59.2 68.5 101.2 109.4 81.3 1977. 108.8 61.6 74.2 97.2 109.5 82.4 1978. 109.8 62.2 77.1 98.0 109.1 83.1 1979. 106.3 61.8 74.8 101.9 98.0 82.5 1980. 97.2 62.0 74.7 100.6 97.8 81.2 1981. 93.3 62.7 75.2 101.7 101.6 81.7 1982. 87.2 66.0 80.0 100.3 111.0 83.0 1983. 90.2 68.0 82.6 104.5 103.4 85.1 1984. 96.6 70.3 85.6 104.8 107.2 87.7 1985. 96.1 72.9 91.1 101.8 118.4 89.2 1986. 96.3 76.1 92.9 101.9 115.5 90.7 1987. 97.6 78.3 90.6 110.5 110.6 93.6 1988. 100.7 79.9 91.3 114.3 106.1 95.3 1989. 99.2 80.0 91.6 110.1 99.9 93.5 1990. 97.5 82.2 89.4 107.4 98.2 93.3 1991. 93.6 84.1 87.4 103.8 96.4 92.4 1992. 95.9 88.6 91.8 102.3 92.9 94.0 1993. 96.9 90.2 91.4 102.0 95.0 95.1 1994. 99.7 93.0 93.0 102.9 96.8 97.3 1995. 100.6 96.5 94.8 104.1 96.5 99.2 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 101.4 103.8 108.3 103.6 101.7 103.1 1998. 101.7 108.9 109.8 102.9 107.3 105.7 1999. 101.7 114.0 111.5 106.3 108.9 108.7 2000. 101.0 118.3 112.5 109.8 110.2 111.3 2001. 95.1 119.7 113.4 106.3 114.7 110.3 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOTAL MANUFACTURING (SIC 20-39) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 121.875 20.469 49.272 2.451 43.215 6.467 1953. 181.853 29.367 80.238 3.508 57.526 11.215 1954. 172.857 27.783 76.720 3.298 54.116 10.940 1955. 191.125 35.087 83.335 3.673 56.506 12.524 1956. 199.973 34.443 90.141 4.141 57.591 13.657 1957. 207.943 35.187 93.879 4.370 60.103 14.403 1958. 198.629 32.115 90.592 4.284 57.274 14.365 1959. 219.273 40.142 101.326 4.713 57.554 15.537 1960. 222.717 38.116 104.435 4.862 58.907 16.397 1961. 222.565 38.707 104.128 4.906 58.200 16.624 1962. 239.337 43.952 112.060 5.184 59.927 18.214 1963. 250.068 48.536 117.429 5.456 58.256 20.391 1964. 265.540 51.477 125.759 5.776 60.356 22.172 1965. 290.795 60.468 134.366 6.050 65.468 24.443 1966. 321.917 65.129 149.628 6.470 72.331 28.359 1967. 336.742 63.909 157.865 6.948 74.960 33.060 1968. 361.551 69.616 171.649 7.293 78.968 34.025 1969. 384.321 68.439 186.711 7.672 84.242 37.257 1970. 378.435 61.763 187.706 8.192 83.026 37.748 1971. 403.353 70.926 191.992 9.040 92.274 39.121 1972. 454.358 80.501 212.257 10.068 107.548 43.984 1973. 524.205 86.459 242.485 11.513 133.706 50.041 1974. 599.108 85.206 267.174 15.563 173.757 57.408 1975. 634.061 102.250 262.635 18.711 190.765 59.699 1976. 721.974 120.545 300.568 22.695 212.032 66.133 1977. 830.583 138.886 340.051 26.616 247.459 77.571 1978. 933.633 151.617 384.540 30.671 278.360 88.445 1979. 1052.865 155.224 432.569 36.151 321.730 107.191 1980. 1153.330 159.315 461.541 41.880 378.348 112.246 1981. 1263.230 184.172 500.830 48.497 411.659 118.072 1982. 1248.414 182.765 502.688 51.174 400.764 111.023 1983. 1309.412 202.073 523.039 54.539 397.924 131.837 1984. 1467.964 240.424 577.429 58.546 443.556 148.010 1985. 1500.569 234.467 608.259 55.897 457.800 144.147 1986. 1482.966 230.765 629.268 51.552 418.738 152.643 1987. 1567.223 269.917 653.792 51.342 419.158 173.014 1988. 1691.690 311.642 688.924 51.848 442.538 196.739 1989. 1771.109 319.286 713.278 52.215 472.438 213.892 1990. 1847.681 329.521 727.302 52.835 509.663 228.360 1991. 1822.467 318.029 730.234 52.010 487.749 234.445 1992. 1917.995 329.503 776.195 54.726 492.707 264.864 1993. 1997.157 345.573 806.324 58.097 513.297 273.866 1994. 2125.288 399.184 848.327 58.938 526.370 292.469 1995. 2256.868 445.569 875.537 57.425 565.219 313.119 1996. 2350.650 471.011 885.211 61.328 611.375 321.726 1997. 2467.672 516.324 933.594 63.278 609.746 344.731 1998. 2493.475 511.826 981.147 72.247 577.438 350.817 1999. 2598.556 534.965 1015.161 75.444 605.773 367.213 2000. 2729.071 503.122 1072.951 90.916 680.384 381.698 2001. 2592.192 445.517 1020.846 88.628 677.751 359.450 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOTAL MANUFACTURING (SIC 20-39) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.168 0.404 0.020 0.355 0.053 1952. 0.167 0.427 0.019 0.327 0.059 1953. 0.161 0.441 0.019 0.316 0.062 1954. 0.161 0.444 0.019 0.313 0.063 1955. 0.184 0.436 0.019 0.296 0.066 1956. 0.172 0.451 0.021 0.288 0.068 1957. 0.169 0.451 0.021 0.289 0.069 1958. 0.162 0.456 0.022 0.288 0.072 1959. 0.183 0.462 0.021 0.262 0.071 1960. 0.171 0.469 0.022 0.264 0.074 1961. 0.174 0.468 0.022 0.261 0.075 1962. 0.184 0.468 0.022 0.250 0.076 1963. 0.194 0.470 0.022 0.233 0.082 1964. 0.194 0.474 0.022 0.227 0.083 1965. 0.208 0.462 0.021 0.225 0.084 1966. 0.202 0.465 0.020 0.225 0.088 1967. 0.190 0.469 0.021 0.223 0.098 1968. 0.193 0.475 0.020 0.218 0.094 1969. 0.178 0.486 0.020 0.219 0.097 1970. 0.163 0.496 0.022 0.219 0.100 1971. 0.176 0.476 0.022 0.229 0.097 1972. 0.177 0.467 0.022 0.237 0.097 1973. 0.165 0.463 0.022 0.255 0.095 1974. 0.142 0.446 0.026 0.290 0.096 1975. 0.161 0.414 0.030 0.301 0.094 1976. 0.167 0.416 0.031 0.294 0.092 1977. 0.167 0.409 0.032 0.298 0.093 1978. 0.162 0.412 0.033 0.298 0.095 1979. 0.147 0.411 0.034 0.306 0.102 1980. 0.138 0.400 0.036 0.328 0.097 1981. 0.146 0.396 0.038 0.326 0.093 1982. 0.146 0.403 0.041 0.321 0.089 1983. 0.154 0.399 0.042 0.304 0.101 1984. 0.164 0.393 0.040 0.302 0.101 1985. 0.156 0.405 0.037 0.305 0.096 1986. 0.156 0.424 0.035 0.282 0.103 1987. 0.172 0.417 0.033 0.267 0.110 1988. 0.184 0.407 0.031 0.262 0.116 1989. 0.180 0.403 0.029 0.267 0.121 1990. 0.178 0.394 0.029 0.276 0.124 1991. 0.175 0.401 0.029 0.268 0.129 1992. 0.172 0.405 0.029 0.257 0.138 1993. 0.173 0.404 0.029 0.257 0.137 1994. 0.188 0.399 0.028 0.248 0.138 1995. 0.197 0.388 0.025 0.250 0.139 1996. 0.200 0.377 0.026 0.260 0.137 1997. 0.209 0.378 0.026 0.247 0.140 1998. 0.205 0.393 0.029 0.232 0.141 1999. 0.206 0.391 0.029 0.233 0.141 2000. 0.184 0.393 0.033 0.249 0.140 2001. 0.172 0.394 0.034 0.261 0.139 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: NONDURABLE GOODS (SIC 20-23, 26-31) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 3.4 2.8 0.0 5.0 1.1 5.9 1.4 1.9 1964. 5.5 3.0 1.2 8.0 4.5 7.3 3.4 2.0 1965. 3.9 4.0 3.8 3.5 -0.1 5.1 2.4 1.4 1966. 4.5 6.0 3.6 5.9 3.0 8.7 4.3 0.2 1967. 4.9 5.8 -0.4 5.5 7.2 12.3 4.7 0.1 1968. 4.2 4.2 1.5 7.0 0.1 -0.5 1.3 2.9 1969. 3.2 4.8 0.7 1.1 1.4 6.3 2.1 1.1 1970. -0.3 3.8 -2.9 1.9 0.4 -2.3 -0.5 0.3 1971. 3.0 3.5 -1.6 5.0 2.1 -1.1 0.7 2.3 1972. 7.6 3.6 2.7 0.2 4.9 6.2 3.9 3.5 1973. 1.8 4.0 1.5 1.8 1.0 5.2 2.0 -0.2 1974. -0.4 4.4 -3.0 5.3 12.8 8.5 5.8 -5.8 1975. -3.4 5.3 -6.9 -4.4 0.1 1.1 -1.3 -2.1 1976. 7.7 5.0 5.0 3.7 5.2 2.0 4.8 2.8 1977. 5.9 4.6 2.3 -0.5 7.6 7.5 5.3 0.6 1978. 2.9 3.4 1.7 -2.1 0.6 -2.6 0.9 1.9 1979. -1.1 3.0 0.3 4.4 -4.1 4.1 -0.8 -0.2 1980. -2.8 3.8 -2.7 -1.6 -2.4 -2.5 -1.6 -1.2 1981. 0.2 3.8 -0.4 -0.4 1.5 -4.2 0.8 -0.6 1982. -1.3 2.8 -5.9 -5.1 -4.0 -7.5 -3.8 2.6 1983. 3.0 1.3 2.2 1.9 0.2 5.3 1.4 1.6 1984. 5.0 2.1 3.1 3.7 7.2 2.8 4.7 0.3 1985. 2.6 2.2 -1.7 -3.4 4.1 3.0 1.7 0.9 1986. 3.2 2.3 0.3 1.5 4.0 4.1 2.5 0.6 1987. 4.3 1.9 2.1 4.3 1.2 9.6 2.5 1.8 1988. 3.1 1.7 1.6 3.1 -0.7 11.8 1.8 1.2 1989. 0.5 2.2 1.0 2.3 3.0 10.2 3.0 -2.4 1990. 1.9 3.0 -0.4 5.0 3.7 8.0 2.9 -0.9 1991. -0.2 2.9 -2.1 1.1 1.2 3.6 0.8 -1.0 1992. 4.9 2.8 0.7 2.2 6.9 8.5 4.3 0.6 1993. 1.8 2.5 1.2 4.2 1.9 -1.7 1.4 0.4 1994. 2.9 2.0 0.9 2.5 4.6 0.4 2.4 0.5 1995. 2.0 2.5 -1.0 3.5 0.3 5.0 1.1 0.9 1996. 0.8 2.5 -2.1 -2.3 4.7 -1.5 1.3 -0.5 1997. 3.2 2.7 0.0 -4.3 3.8 2.7 2.1 1.0 1998. 1.1 3.0 -1.4 1.4 3.1 -1.2 1.1 0.0 1999. 0.5 2.8 -0.9 0.9 -0.9 0.7 0.1 0.4 2000. 0.5 2.2 -2.6 -0.2 3.9 4.6 1.6 -1.1 2001. -3.5 0.9 -4.7 -3.1 1.1 -3.4 -1.4 -2.2 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.5 3.0 0.0 2.6 2.5 3.5 1.9 0.6 1949-1973 3.5 3.3 0.7 4.7 2.5 4.4 2.2 1.3 1973-2001 1.6 2.8 -0.5 0.8 2.5 2.7 1.6 0.0 1973-1979 1.9 4.3 -0.2 1.0 3.5 3.4 2.4 -0.5 1979-1990 1.8 2.4 -0.1 1.0 1.6 3.5 1.4 0.3 1990-1995 2.3 2.5 -0.1 2.7 3.0 3.1 2.0 0.3 1995-2000 1.2 2.6 -1.4 -0.9 2.9 1.0 1.3 0.0 2000-2001 -3.5 0.9 -4.7 -3.1 1.1 -3.4 -1.4 -2.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: NONDURABLE GOODS (SIC 20-23, 26-31) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 28.8 23.5 89.5 25.0 31.5 17.2 39.7 72.5 1953. 33.6 26.8 96.5 29.5 34.2 21.6 43.6 77.1 1954. 33.4 27.3 92.2 32.9 33.8 21.8 43.0 77.8 1955. 36.1 28.1 95.7 38.6 37.1 23.7 45.9 78.7 1956. 37.7 29.0 96.1 42.0 38.9 25.0 47.4 79.5 1957. 37.9 29.8 94.1 42.1 38.7 26.0 47.3 80.1 1958. 37.7 30.4 90.7 44.0 39.6 26.1 47.4 79.5 1959. 40.3 30.8 94.8 45.9 41.4 27.4 49.3 81.7 1960. 41.1 31.4 94.1 46.6 42.4 27.9 49.9 82.3 1961. 41.8 32.0 93.2 47.6 43.5 28.1 50.5 82.7 1962. 43.6 32.9 95.2 49.1 44.0 29.4 51.5 84.5 1963. 45.0 33.8 95.2 51.6 44.5 31.1 52.3 86.1 1964. 47.5 34.8 96.3 55.7 46.6 33.4 54.1 87.9 1965. 49.3 36.2 100.0 57.7 46.5 35.1 55.4 89.1 1966. 51.6 38.4 103.6 61.0 47.9 38.1 57.7 89.3 1967. 54.1 40.6 103.2 64.4 51.3 42.8 60.5 89.4 1968. 56.4 42.3 104.8 68.9 51.4 42.6 61.3 92.0 1969. 58.2 44.4 105.5 69.7 52.1 45.3 62.6 93.0 1970. 58.0 46.1 102.4 71.0 52.3 44.2 62.3 93.2 1971. 59.8 47.7 100.7 74.5 53.4 43.7 62.7 95.4 1972. 64.3 49.4 103.4 74.7 56.0 46.5 65.2 98.7 1973. 65.5 51.4 105.0 76.0 56.5 48.9 66.5 98.5 1974. 65.3 53.6 101.8 80.0 63.7 53.1 70.3 92.8 1975. 63.1 56.5 94.8 76.5 63.7 53.6 69.4 90.8 1976. 67.9 59.3 99.5 79.3 67.1 54.7 72.8 93.3 1977. 71.9 62.0 101.8 78.9 72.1 58.8 76.6 93.8 1978. 74.0 64.1 103.5 77.2 72.6 57.3 77.3 95.7 1979. 73.2 66.1 103.8 80.6 69.6 59.6 76.7 95.4 1980. 71.1 68.5 101.0 79.3 67.9 58.1 75.4 94.3 1981. 71.3 71.2 100.6 79.0 68.9 55.7 76.1 93.7 1982. 70.3 73.1 94.7 74.9 66.1 51.5 73.2 96.1 1983. 72.4 74.0 96.7 76.4 66.3 54.2 74.2 97.7 1984. 76.1 75.6 99.7 79.2 71.0 55.7 77.7 98.0 1985. 78.0 77.3 98.0 76.5 73.9 57.4 79.0 98.8 1986. 80.5 79.0 98.3 77.6 76.9 59.8 81.0 99.4 1987. 84.0 80.5 100.4 80.9 77.9 65.5 83.0 101.2 1988. 86.5 81.8 102.0 83.4 77.3 73.2 84.5 102.4 1989. 87.0 83.6 103.0 85.3 79.6 80.7 87.0 100.0 1990. 88.6 86.1 102.5 89.6 82.5 87.1 89.5 99.1 1991. 88.5 88.6 100.3 90.6 83.5 90.3 90.2 98.1 1992. 92.9 91.1 101.0 92.6 89.3 97.9 94.1 98.6 1993. 94.5 93.4 102.3 96.5 91.0 96.2 95.4 99.1 1994. 97.3 95.2 103.2 98.9 95.2 96.6 97.7 99.6 1995. 99.2 97.6 102.2 102.4 95.5 101.5 98.7 100.5 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 103.2 102.7 100.0 95.7 103.8 102.7 102.1 101.0 1998. 104.4 105.8 98.6 97.1 107.0 101.5 103.3 101.0 1999. 104.9 108.7 97.7 98.0 106.1 102.2 103.4 101.5 2000. 105.5 111.1 95.2 97.8 110.2 106.8 105.1 100.4 2001. 101.7 112.1 90.7 94.8 111.4 103.2 103.7 98.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: NONDURABLE GOODS (SIC 20-23, 26-31) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 0.0 5.1 3.5 0.3 -0.9 2.8 1.9 1.9 1964. -0.3 2.5 4.6 -3.4 -0.9 2.4 1.7 2.0 1965. 1.4 5.0 1.2 -0.6 3.6 3.2 2.9 1.4 1966. 3.5 2.9 4.3 0.0 4.0 2.8 3.8 0.2 1967. 0.5 -5.9 6.7 1.1 -2.2 2.7 0.6 0.1 1968. 1.8 5.8 7.1 -1.2 2.8 3.1 4.7 2.9 1969. 3.4 -4.8 7.5 2.6 6.4 3.1 4.5 1.1 1970. 2.9 -3.4 6.9 6.3 1.9 4.8 3.2 0.3 1971. 2.5 5.3 5.6 7.6 3.8 4.8 4.9 2.3 1972. 3.1 2.9 5.3 9.6 9.9 5.4 6.7 3.5 1973. 12.2 1.5 8.5 11.9 21.6 4.5 12.0 -0.2 1974. 24.2 11.9 13.3 34.0 22.9 7.0 17.0 -5.8 1975. 11.6 19.5 8.5 31.4 5.7 7.5 9.2 -2.1 1976. 3.2 6.2 8.3 17.5 3.4 8.4 6.0 2.8 1977. 6.1 7.4 8.9 17.0 4.0 8.2 6.7 0.6 1978. 6.3 0.2 9.6 14.6 10.0 7.9 8.3 1.9 1979. 15.2 7.4 10.5 14.1 22.2 7.5 14.9 -0.2 1980. 19.0 9.0 11.1 20.9 25.8 9.1 17.6 -1.2 1981. 10.3 13.3 9.1 17.7 8.4 8.8 9.7 -0.6 1982. 1.2 1.3 10.6 16.0 -0.3 6.6 3.9 2.6 1983. -0.6 4.0 3.7 3.5 -2.6 5.8 1.0 1.6 1984. 2.2 2.8 4.8 1.9 0.3 5.5 2.4 0.3 1985. -0.9 3.9 5.3 -2.5 -5.3 4.4 0.0 0.9 1986. -7.5 -4.3 4.9 -9.1 -16.8 0.0 -6.9 0.6 1987. 3.3 12.2 3.4 -6.8 4.7 4.6 5.1 1.8 1988. 4.1 12.9 3.4 -3.1 4.6 3.6 5.4 1.2 1989. 5.5 3.0 2.7 0.1 3.9 1.2 3.0 -2.4 1990. 5.7 3.0 5.0 -2.1 6.3 3.6 4.7 -0.9 1991. -0.2 -4.1 4.9 -1.8 -5.3 2.3 -1.2 -1.0 1992. -0.2 -0.5 5.6 4.6 -4.8 3.5 0.4 0.6 1993. 0.4 -2.2 2.7 3.2 0.1 2.5 0.9 0.4 1994. 1.4 9.6 2.1 -2.3 -2.5 3.7 1.9 0.5 1995. 4.7 9.7 3.7 -5.7 7.2 2.6 5.6 0.9 1996. 3.6 1.5 2.0 10.1 4.4 3.4 3.2 -0.5 1997. 0.7 5.3 4.0 7.0 -2.7 3.2 1.8 1.0 1998. -3.7 -7.0 6.1 -7.8 -11.3 2.8 -3.7 0.0 1999. 2.9 5.6 2.1 2.7 3.3 2.7 3.3 0.4 2000. 7.7 -7.3 8.6 21.1 14.1 3.1 6.5 -1.1 2001. 0.9 -7.4 3.7 2.6 -4.0 3.3 -1.3 -2.2 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.2 3.1 5.6 4.3 2.6 4.2 3.8 0.6 1949-1973 1.9 2.1 5.1 1.8 2.2 3.6 3.2 1.3 1973-2001 4.3 4.0 6.0 6.5 3.0 4.7 4.3 0.0 1973-1979 10.9 8.6 9.8 21.2 11.1 7.7 10.3 -0.5 1979-1990 3.7 5.4 5.8 2.9 2.2 4.8 4.0 0.3 1990-1995 1.2 2.3 3.8 -0.5 -1.2 2.9 1.5 0.3 1995-2000 2.2 -0.5 4.5 6.2 1.2 3.0 2.2 0.0 2000-2001 0.9 -7.4 3.7 2.6 -4.0 3.3 -1.3 -2.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: NONDURABLE GOODS (SIC 20-23, 26-31) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 21.0 18.0 7.5 14.1 25.4 13.7 15.2 72.5 1953. 22.6 20.1 9.5 16.1 27.4 16.6 17.4 77.1 1954. 22.9 18.8 10.0 14.6 28.1 17.1 17.8 77.8 1955. 22.7 23.0 10.1 14.2 26.2 17.6 17.9 78.7 1956. 22.9 22.7 10.8 14.5 26.1 18.2 18.2 79.5 1957. 23.5 21.7 11.5 15.1 27.1 18.7 18.8 80.1 1958. 24.2 21.6 11.9 14.4 27.5 19.6 19.2 79.5 1959. 24.3 25.5 12.4 15.0 26.8 19.9 19.8 81.7 1960. 24.2 24.3 13.0 15.3 26.5 20.7 19.9 82.3 1961. 24.4 24.6 13.3 15.4 26.4 21.1 20.1 82.7 1962. 24.4 25.5 13.7 15.6 26.7 21.6 20.6 84.5 1963. 24.4 26.8 14.2 15.6 26.5 22.2 21.0 86.1 1964. 24.3 27.5 14.9 15.1 26.3 22.8 21.4 87.9 1965. 24.7 28.8 15.1 15.0 27.2 23.5 22.0 89.1 1966. 25.6 29.7 15.7 15.0 28.3 24.1 22.8 89.3 1967. 25.7 27.9 16.8 15.1 27.7 24.8 23.0 89.4 1968. 26.2 29.6 18.0 14.9 28.4 25.6 24.1 92.0 1969. 27.0 28.1 19.3 15.3 30.2 26.4 25.1 93.0 1970. 27.8 27.2 20.7 16.3 30.8 27.6 25.9 93.2 1971. 28.5 28.6 21.8 17.6 32.0 29.0 27.2 95.4 1972. 29.4 29.5 23.0 19.2 35.2 30.5 29.0 98.7 1973. 33.0 29.9 24.9 21.5 42.8 31.9 32.5 98.5 1974. 41.0 33.5 28.3 28.8 52.6 34.2 38.0 92.8 1975. 45.7 40.0 30.7 37.9 55.6 36.7 41.5 90.8 1976. 47.2 42.5 33.2 44.6 57.4 39.8 44.0 93.3 1977. 50.0 45.6 36.1 52.1 59.7 43.1 47.0 93.8 1978. 53.2 45.7 39.6 59.7 65.7 46.4 50.9 95.7 1979. 61.3 49.1 43.8 68.1 80.3 49.9 58.5 95.4 1980. 72.9 53.5 48.7 82.3 101.0 54.5 68.7 94.3 1981. 80.4 60.6 53.1 96.9 109.5 59.3 75.4 93.7 1982. 81.4 61.5 58.7 112.4 109.2 63.2 78.3 96.1 1983. 81.0 63.9 60.9 116.3 106.4 66.9 79.1 97.7 1984. 82.7 65.7 63.8 118.5 106.7 70.5 81.0 98.0 1985. 82.0 68.3 67.2 115.6 101.0 73.6 81.0 98.8 1986. 75.9 65.3 70.5 105.0 84.0 73.6 75.4 99.4 1987. 78.4 73.3 72.9 97.9 88.0 77.0 79.3 101.2 1988. 81.6 82.7 75.4 94.8 92.1 79.8 83.6 102.4 1989. 86.1 85.2 77.4 94.9 95.7 80.8 86.0 100.0 1990. 90.9 87.8 81.3 93.0 101.7 83.6 90.1 99.1 1991. 90.7 84.2 85.2 91.3 96.3 85.6 89.0 98.1 1992. 90.5 83.8 90.0 95.5 91.6 88.6 89.3 98.6 1993. 90.9 82.0 92.5 98.5 91.7 90.8 90.1 99.1 1994. 92.2 89.8 94.5 96.3 89.4 94.2 91.8 99.6 1995. 96.5 98.5 98.0 90.8 95.8 96.7 96.9 100.5 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 100.7 105.3 104.0 107.0 97.3 103.2 101.8 101.0 1998. 97.0 98.0 110.3 98.6 86.3 106.0 98.0 101.0 1999. 99.8 103.4 112.6 101.3 89.1 108.9 101.3 101.5 2000. 107.5 95.9 122.3 122.7 101.7 112.3 107.9 100.4 2001. 108.5 88.8 126.9 125.9 97.6 115.9 106.5 98.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: NONDURABLE GOODS (SIC 20-23, 26-31) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 0.6 3.4 -1.6 2.2 -2.4 1.9 1964. 2.5 4.3 -2.3 0.9 -1.6 2.0 1965. -0.1 0.1 0.3 4.0 -1.2 1.4 1966. -1.4 0.9 -1.3 1.4 -3.9 0.2 1967. -0.9 5.3 -0.6 -2.1 -6.6 0.1 1968. 0.0 2.7 -2.6 4.2 4.7 2.9 1969. -1.5 2.5 2.0 1.8 -2.9 1.1 1970. -3.9 2.7 -2.1 -0.6 2.1 0.3 1971. -0.4 4.7 -1.8 0.9 4.2 2.3 1972. 3.8 4.8 7.4 2.6 1.3 3.5 1973. -2.1 0.3 0.0 0.8 -3.3 -0.2 1974. -4.5 2.8 -5.3 -11.6 -8.2 -5.8 1975. -8.2 3.8 1.1 -3.4 -4.4 -2.1 1976. 2.6 2.5 3.9 2.4 5.6 2.8 1977. 1.2 3.5 6.5 -1.5 -1.5 0.6 1978. -0.5 1.2 5.1 2.3 5.7 1.9 1979. -4.0 -1.4 -5.2 3.2 -5.0 -0.2 1980. -6.3 -0.1 -1.2 -0.4 -0.3 -1.2 1981. -3.5 0.6 0.6 -1.3 4.6 -0.6 1982. -4.0 4.8 4.0 2.8 6.6 2.6 1983. 1.7 0.8 1.1 2.8 -2.2 1.6 1984. 2.8 1.8 1.2 -2.1 2.2 0.3 1985. 0.4 4.4 6.2 -1.4 -0.4 0.9 1986. 0.9 2.8 1.7 -0.8 -0.9 0.6 1987. 2.4 2.2 0.0 3.0 -4.9 1.8 1988. 1.4 1.5 0.0 3.8 -7.8 1.2 1989. -1.7 -0.5 -1.7 -2.4 -8.8 -2.4 1990. -1.0 2.4 -2.9 -1.7 -5.6 -0.9 1991. -3.0 2.0 -1.2 -1.3 -3.6 -1.0 1992. 2.1 4.2 2.6 -1.9 -3.3 0.6 1993. -0.7 0.5 -2.3 -0.1 3.6 0.4 1994. 0.9 2.0 0.3 -1.7 2.4 0.5 1995. -0.5 3.0 -1.4 1.6 -2.9 0.9 1996. -1.6 3.0 3.2 -3.7 2.3 -0.5 1997. 0.5 3.1 7.8 -0.6 0.5 1.0 1998. -1.8 2.6 -0.3 -1.9 2.3 0.0 1999. -2.2 1.5 -0.4 1.4 -0.2 0.4 2000. -1.6 3.2 0.7 -3.3 -3.9 -1.1 2001. -4.4 1.2 -0.5 -4.6 -0.2 -2.2 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.6 2.4 -0.1 0.0 -1.0 0.6 1949-1973 0.2 2.8 -1.2 1.0 -0.9 1.3 1973-2001 -1.2 2.1 0.8 -0.8 -1.1 0.0 1973-1979 -2.3 2.1 0.9 -1.6 -1.4 -0.5 1979-1990 -0.7 1.9 0.8 0.2 -1.7 0.3 1990-1995 -0.2 2.3 -0.4 -0.7 -0.8 0.3 1995-2000 -1.4 2.7 2.2 -1.6 0.2 0.0 2000-2001 -4.4 1.2 -0.5 -4.6 -0.2 -2.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: NONDURABLE GOODS (SIC 20-23, 26-31) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 132.3 45.8 88.7 98.9 148.3 84.5 1963. 133.1 47.3 87.3 101.1 144.7 86.1 1964. 136.4 49.3 85.3 102.1 142.4 87.9 1965. 136.2 49.4 85.6 106.1 140.7 89.1 1966. 134.3 49.8 84.5 107.6 135.2 89.3 1967. 133.1 52.4 84.0 105.4 126.4 89.4 1968. 133.1 53.8 81.8 109.7 132.3 92.0 1969. 131.1 55.2 83.5 111.8 128.5 93.0 1970. 126.0 56.7 81.7 111.0 131.1 93.2 1971. 125.4 59.4 80.2 112.0 136.7 95.4 1972. 130.2 62.2 86.1 115.0 138.5 98.7 1973. 127.4 62.4 86.2 115.9 133.9 98.5 1974. 121.7 64.1 81.6 102.4 123.0 92.8 1975. 111.7 66.5 82.4 98.9 117.5 90.8 1976. 114.5 68.2 85.7 101.3 124.1 93.3 1977. 115.9 70.6 91.2 99.7 122.3 93.8 1978. 115.4 71.5 95.8 101.9 129.2 95.7 1979. 110.8 70.5 90.8 105.2 122.8 95.4 1980. 103.8 70.4 89.7 104.7 122.4 94.3 1981. 100.2 70.9 90.3 103.4 128.1 93.7 1982. 96.2 74.3 93.9 106.3 136.6 96.1 1983. 97.8 74.9 94.9 109.3 133.6 97.7 1984. 100.6 76.3 96.0 107.1 136.5 98.0 1985. 101.0 79.6 102.0 105.5 135.9 98.8 1986. 101.9 81.9 103.7 104.7 134.7 99.4 1987. 104.3 83.6 103.7 107.8 128.2 101.2 1988. 105.7 84.9 103.7 112.0 118.2 102.4 1989. 104.0 84.5 101.9 109.3 107.8 100.0 1990. 102.9 86.5 98.9 107.4 101.8 99.1 1991. 99.9 88.2 97.7 106.0 98.1 98.1 1992. 101.9 91.9 100.3 104.0 94.9 98.6 1993. 101.3 92.4 98.0 103.9 98.3 99.1 1994. 102.2 94.3 98.3 102.2 100.7 99.6 1995. 101.7 97.1 96.9 103.9 97.7 100.5 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 100.5 103.1 107.8 99.4 100.5 101.0 1998. 98.7 105.8 107.5 97.5 102.9 101.0 1999. 96.5 107.4 107.1 98.9 102.7 101.5 2000. 95.0 110.8 107.9 95.7 98.7 100.4 2001. 90.8 112.1 107.3 91.3 98.6 98.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: NONDURABLE GOODS (SIC 20-23, 26-31) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 74.609 10.539 22.932 1.225 36.063 3.850 1953. 94.057 13.367 31.167 1.646 42.013 5.864 1954. 94.756 12.773 31.529 1.672 42.706 6.076 1955. 101.485 16.024 33.171 1.905 43.601 6.784 1956. 106.877 16.312 35.396 2.116 45.607 7.447 1957. 110.279 16.049 36.866 2.216 47.230 7.919 1958. 112.717 16.314 36.984 2.206 48.879 8.335 1959. 120.988 19.467 40.303 2.401 49.917 8.901 1960. 123.208 18.934 41.731 2.488 50.648 9.406 1961. 125.844 19.533 42.424 2.545 51.673 9.669 1962. 131.534 20.833 44.728 2.660 52.942 10.371 1963. 135.957 22.513 46.314 2.800 53.046 11.284 1964. 143.034 23.752 49.004 2.921 54.967 12.390 1965. 150.693 25.927 51.486 3.004 56.843 13.432 1966. 163.057 28.285 55.648 3.180 60.930 15.014 1967. 171.888 28.160 59.177 3.391 63.849 17.312 1968. 182.461 31.062 64.358 3.585 65.689 17.767 1969. 194.684 30.987 69.671 3.722 70.824 19.479 1970. 199.769 31.085 72.305 4.031 72.409 19.939 1971. 211.025 33.861 75.180 4.553 76.772 20.658 1972. 233.966 36.101 81.249 4.998 88.482 23.137 1973. 267.352 38.120 89.428 5.694 108.669 25.440 1974. 330.929 44.541 98.241 8.032 150.565 29.549 1975. 356.816 56.019 99.260 10.092 159.317 32.128 1976. 396.457 62.502 112.888 12.293 173.260 35.513 1977. 445.273 70.221 125.687 14.303 193.772 41.290 1978. 486.782 72.785 140.078 16.050 214.510 43.359 1979. 554.824 80.498 155.337 19.105 251.348 48.536 1980. 641.753 91.053 167.902 22.714 308.473 51.612 1981. 709.602 107.085 182.505 26.636 339.563 53.814 1982. 708.824 111.518 190.028 29.301 324.888 53.089 1983. 725.915 117.462 201.327 30.916 317.091 59.121 1984. 778.559 123.292 217.542 32.664 340.974 64.088 1985. 791.609 130.894 225.175 30.766 335.879 68.895 1986. 755.687 128.085 236.838 28.368 290.694 71.701 1987. 814.389 146.396 249.994 27.562 308.217 82.221 1988. 873.411 167.989 262.557 27.530 320.119 95.216 1989. 926.115 176.894 272.393 28.189 342.419 106.220 1990. 997.330 187.643 284.663 28.990 377.249 118.785 1991. 993.516 185.103 292.244 28.772 361.501 125.896 1992. 1040.322 189.387 310.831 30.755 367.958 141.391 1993. 1063.835 189.887 323.346 33.085 375.109 142.408 1994. 1109.275 212.202 333.037 33.155 382.517 148.363 1995. 1184.399 238.598 342.108 32.356 411.362 159.975 1996. 1237.424 248.156 341.675 34.800 449.749 163.044 1997. 1286.138 268.393 355.333 35.636 454.060 172.717 1998. 1252.683 257.090 371.784 33.314 415.089 175.407 1999. 1296.114 278.949 376.067 34.546 425.179 181.372 2000. 1403.505 264.409 397.785 41.754 503.991 195.567 2001. 1365.965 246.974 393.317 41.524 489.052 195.098 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: NONDURABLE GOODS (SIC 20-23, 26-31) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.141 0.307 0.016 0.483 0.052 1952. 0.142 0.310 0.016 0.473 0.059 1953. 0.142 0.331 0.018 0.447 0.062 1954. 0.135 0.333 0.018 0.451 0.064 1955. 0.158 0.327 0.019 0.430 0.067 1956. 0.153 0.331 0.020 0.427 0.070 1957. 0.146 0.334 0.020 0.428 0.072 1958. 0.145 0.328 0.020 0.434 0.074 1959. 0.161 0.333 0.020 0.413 0.074 1960. 0.154 0.339 0.020 0.411 0.076 1961. 0.155 0.337 0.020 0.411 0.077 1962. 0.158 0.340 0.020 0.402 0.079 1963. 0.166 0.341 0.021 0.390 0.083 1964. 0.166 0.343 0.020 0.384 0.087 1965. 0.172 0.342 0.020 0.377 0.089 1966. 0.173 0.341 0.020 0.374 0.092 1967. 0.164 0.344 0.020 0.371 0.101 1968. 0.170 0.353 0.020 0.360 0.097 1969. 0.159 0.358 0.019 0.364 0.100 1970. 0.156 0.362 0.020 0.362 0.100 1971. 0.160 0.356 0.022 0.364 0.098 1972. 0.154 0.347 0.021 0.378 0.099 1973. 0.143 0.334 0.021 0.406 0.095 1974. 0.135 0.297 0.024 0.455 0.089 1975. 0.157 0.278 0.028 0.446 0.090 1976. 0.158 0.285 0.031 0.437 0.090 1977. 0.158 0.282 0.032 0.435 0.093 1978. 0.150 0.288 0.033 0.441 0.089 1979. 0.145 0.280 0.034 0.453 0.087 1980. 0.142 0.262 0.035 0.481 0.080 1981. 0.151 0.257 0.038 0.479 0.076 1982. 0.157 0.268 0.041 0.458 0.075 1983. 0.162 0.277 0.043 0.437 0.081 1984. 0.158 0.279 0.042 0.438 0.082 1985. 0.165 0.284 0.039 0.424 0.087 1986. 0.169 0.313 0.038 0.385 0.095 1987. 0.180 0.307 0.034 0.378 0.101 1988. 0.192 0.301 0.032 0.367 0.109 1989. 0.191 0.294 0.030 0.370 0.115 1990. 0.188 0.285 0.029 0.378 0.119 1991. 0.186 0.294 0.029 0.364 0.127 1992. 0.182 0.299 0.030 0.354 0.136 1993. 0.178 0.304 0.031 0.353 0.134 1994. 0.191 0.300 0.030 0.345 0.134 1995. 0.201 0.289 0.027 0.347 0.135 1996. 0.201 0.276 0.028 0.363 0.132 1997. 0.209 0.276 0.028 0.353 0.134 1998. 0.205 0.297 0.027 0.331 0.140 1999. 0.215 0.290 0.027 0.328 0.140 2000. 0.188 0.283 0.030 0.359 0.139 2001. 0.181 0.288 0.030 0.358 0.143 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: FOOD AND KINDRED PRODUCTS (SIC 20) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 2.4 1.6 -0.7 1.9 1.5 3.4 1.2 1.2 1964. 5.0 2.3 0.0 14.7 5.6 8.2 4.4 0.5 1965. 0.4 1.2 1.0 -2.1 -1.3 0.1 -0.6 0.9 1966. 2.2 2.3 1.0 5.0 1.6 4.7 1.8 0.4 1967. 7.3 3.5 -0.2 5.3 9.1 10.4 6.8 0.5 1968. 1.2 2.2 -0.8 14.3 0.0 -2.6 0.0 1.2 1969. 1.1 2.4 0.1 -2.5 0.4 1.0 0.5 0.6 1970. 0.9 2.0 -1.6 9.8 1.2 -1.1 0.6 0.3 1971. 2.6 2.5 -1.5 2.3 3.7 -6.4 1.8 0.8 1972. 5.0 3.4 -0.2 -3.4 2.9 0.6 2.1 2.9 1973. -3.2 4.2 -1.9 0.1 1.0 1.2 0.6 -3.8 1974. 4.6 2.8 -1.4 0.6 12.7 6.1 9.2 -4.2 1975. -1.2 3.1 -3.3 2.3 -2.5 4.2 -1.9 0.7 1976. 7.0 5.1 2.5 3.0 2.1 5.1 2.6 4.3 1977. 1.1 4.7 0.3 -0.3 4.6 2.3 3.6 -2.4 1978. 3.0 0.8 0.3 3.1 0.5 -3.3 0.3 2.7 1979. -0.3 2.6 0.8 -4.3 -0.4 -2.9 -0.2 -0.1 1980. 2.1 2.4 -1.6 -0.2 0.4 -4.6 -0.1 2.3 1981. 2.3 2.0 -2.4 -3.8 5.0 8.0 3.4 -1.1 1982. 2.8 1.2 -3.2 1.6 -3.8 -11.4 -3.6 6.7 1983. 0.9 0.8 -1.2 -3.4 1.3 -0.8 0.5 0.4 1984. 2.1 1.2 -0.3 2.7 4.8 1.0 3.3 -1.1 1985. 4.3 2.7 -0.1 -1.0 4.9 7.9 3.7 0.5 1986. 1.5 2.5 1.6 3.6 2.7 11.8 3.0 -1.5 1987. 1.7 2.4 1.1 3.4 1.9 -7.9 1.2 0.5 1988. 3.1 1.1 0.4 3.0 -2.1 11.0 -0.3 3.4 1989. -0.3 1.4 2.5 1.0 3.7 12.5 3.8 -3.9 1990. 2.7 2.3 1.9 0.5 4.5 9.4 4.0 -1.3 1991. 1.9 2.2 -1.6 3.3 0.6 7.1 1.0 0.9 1992. 5.3 2.5 0.1 2.3 8.0 9.6 5.8 -0.5 1993. 1.8 1.9 1.6 2.9 -0.4 1.4 0.5 1.3 1994. 1.0 1.3 0.5 4.1 5.2 -2.0 3.2 -2.1 1995. 3.4 2.3 1.3 4.7 -2.0 -0.4 -0.5 4.0 1996. -1.8 2.3 -1.0 -4.6 4.7 -1.4 2.7 -4.3 1997. 3.4 1.5 1.1 1.3 2.7 1.8 2.2 1.2 1998. 3.1 4.9 -0.7 3.8 6.2 1.2 4.3 -1.1 1999. 0.4 2.6 2.2 0.0 -4.5 -5.7 -2.3 2.8 2000. -0.2 2.9 -0.7 0.4 3.3 2.9 2.4 -2.5 2001. -0.2 1.4 -0.5 0.4 4.8 2.0 3.0 -3.1 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.2 1.9 -0.2 2.1 2.3 2.6 1.8 0.3 1949-1973 2.4 1.5 -0.4 3.4 2.3 3.2 1.7 0.7 1973-2001 2.0 2.3 0.0 1.1 2.4 2.1 1.9 0.0 1973-1979 2.3 3.2 -0.1 0.7 2.7 1.9 2.2 0.1 1979-1990 2.1 1.8 -0.1 0.7 2.1 3.0 1.7 0.4 1990-1995 2.7 2.1 0.4 3.4 2.2 3.0 2.0 0.7 1995-2000 1.0 2.8 0.2 0.2 2.4 -0.3 1.8 -0.8 2000-2001 -0.2 1.4 -0.5 0.4 4.8 2.0 3.0 -3.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FOOD AND KINDRED PRODUCTS (SIC 20) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 34.9 42.1 110.5 35.7 33.9 26.6 42.8 81.5 1953. 38.7 42.9 112.6 34.4 35.5 33.1 44.8 86.4 1954. 38.5 42.4 110.9 41.2 35.2 34.1 44.6 86.5 1955. 40.7 42.9 111.5 43.8 38.2 35.5 47.2 86.2 1956. 42.7 43.6 112.1 46.7 39.7 38.3 48.8 87.6 1957. 43.1 42.9 108.9 44.9 39.0 40.5 48.0 89.9 1958. 43.8 44.6 106.8 51.0 42.0 43.7 50.6 86.5 1959. 45.2 44.7 108.1 50.9 42.5 44.6 51.3 88.3 1960. 46.4 44.9 107.8 51.0 43.1 45.6 51.7 89.7 1961. 47.2 45.3 107.0 51.0 45.0 46.1 53.2 88.9 1962. 48.6 45.7 106.3 51.5 45.3 46.8 53.5 90.8 1963. 49.7 46.5 105.6 52.5 46.0 48.5 54.1 91.9 1964. 52.2 47.6 105.6 60.2 48.6 52.4 56.5 92.4 1965. 52.4 48.1 106.6 59.0 47.9 52.5 56.2 93.2 1966. 53.6 49.2 107.6 61.9 48.7 55.0 57.2 93.6 1967. 57.5 50.9 107.4 65.2 53.2 60.7 61.1 94.1 1968. 58.2 52.1 106.6 74.6 53.1 59.1 61.1 95.3 1969. 58.8 53.3 106.7 72.7 53.4 59.7 61.4 95.8 1970. 59.3 54.3 105.0 79.8 54.0 59.0 61.7 96.1 1971. 60.9 55.7 103.4 81.7 56.0 55.2 62.8 96.9 1972. 63.9 57.6 103.2 79.0 57.6 55.6 64.1 99.7 1973. 61.9 60.0 101.2 79.0 58.2 56.3 64.5 95.9 1974. 64.7 61.8 99.9 79.5 65.6 59.7 70.5 91.8 1975. 63.9 63.7 96.6 81.3 63.9 62.3 69.1 92.4 1976. 68.4 66.9 99.0 83.7 65.3 65.4 71.0 96.4 1977. 69.1 70.1 99.3 83.4 68.3 66.9 73.5 94.1 1978. 71.2 70.6 99.6 86.0 68.6 64.7 73.7 96.6 1979. 71.0 72.5 100.5 82.3 68.3 62.8 73.6 96.5 1980. 72.5 74.2 98.9 82.2 68.6 59.9 73.5 98.7 1981. 74.1 75.7 96.5 79.1 72.0 64.7 76.0 97.6 1982. 76.2 76.6 93.5 80.3 69.2 57.4 73.2 104.1 1983. 76.9 77.1 92.3 77.6 70.1 56.9 73.6 104.5 1984. 78.5 78.0 92.1 79.7 73.5 57.5 76.0 103.3 1985. 81.9 80.1 92.0 78.9 77.1 62.0 78.8 103.9 1986. 83.1 82.2 93.4 81.7 79.1 69.4 81.2 102.3 1987. 84.5 84.2 94.5 84.5 80.6 63.9 82.2 102.9 1988. 87.2 85.1 94.9 87.1 79.0 71.0 81.9 106.4 1989. 86.9 86.3 97.2 88.0 81.9 79.8 85.0 102.2 1990. 89.3 88.3 99.1 88.4 85.6 87.3 88.4 100.9 1991. 90.9 90.2 97.5 91.3 86.1 93.5 89.3 101.8 1992. 95.8 92.5 97.6 93.4 92.9 102.5 94.5 101.4 1993. 97.5 94.2 99.1 96.1 92.5 103.9 94.9 102.7 1994. 98.4 95.5 99.7 100.1 97.4 101.9 97.9 100.5 1995. 101.8 97.7 101.0 104.8 95.5 101.4 97.4 104.5 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 103.4 101.5 101.1 101.3 102.7 101.8 102.2 101.2 1998. 106.6 106.4 100.4 105.2 109.1 103.1 106.5 100.1 1999. 107.1 109.1 102.7 105.2 104.2 97.2 104.1 102.9 2000. 106.8 112.3 102.0 105.6 107.6 100.0 106.6 100.2 2001. 106.6 113.9 101.4 106.0 112.8 102.0 109.7 97.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FOOD AND KINDRED PRODUCTS (SIC 20) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -0.4 7.7 2.6 -1.8 -0.8 3.0 0.8 1.2 1964. -0.3 1.3 5.1 -7.0 -1.5 2.7 0.3 0.5 1965. 3.0 0.4 0.9 -0.6 5.5 3.7 3.9 0.9 1966. 6.0 12.3 4.3 -1.2 6.8 3.1 6.4 0.4 1967. -1.4 -3.9 6.5 1.0 -3.0 3.0 -0.8 0.5 1968. 2.2 1.0 7.3 -1.4 2.7 3.1 3.4 1.2 1969. 5.1 -5.8 7.0 0.8 7.3 3.0 5.7 0.6 1970. 4.3 8.6 8.7 2.6 2.8 4.8 4.6 0.3 1971. 2.4 6.2 6.7 7.9 1.5 4.6 3.2 0.8 1972. 5.2 -17.4 5.2 11.2 12.8 5.4 8.3 2.9 1973. 21.1 -29.9 10.8 13.6 23.8 4.6 16.5 -3.8 1974. 14.4 34.8 11.7 33.0 7.6 7.6 9.6 -4.2 1975. 8.0 106.3 6.8 22.4 2.6 7.8 8.8 0.7 1976. -2.4 -11.3 8.9 15.7 1.0 8.6 1.8 4.3 1977. 5.0 -0.3 8.7 15.4 0.4 7.9 2.4 -2.4 1978. 8.7 -7.7 10.9 11.6 14.6 7.9 11.6 2.7 1979. 9.6 -8.8 10.0 17.4 11.1 7.5 9.5 -0.1 1980. 6.7 35.1 9.1 20.7 6.7 9.0 9.1 2.3 1981. 4.6 9.0 10.0 17.8 0.4 8.5 3.4 -1.1 1982. 0.5 31.7 8.6 13.9 3.7 6.6 7.2 6.7 1983. 2.2 11.2 3.7 8.0 0.5 5.9 2.6 0.4 1984. 3.3 0.0 4.7 1.5 1.5 5.4 2.2 -1.1 1985. -2.3 8.9 4.3 -1.1 -5.8 4.4 -1.8 0.5 1986. 1.7 6.0 3.7 -9.9 -1.5 -0.2 0.2 -1.5 1987. 2.2 1.6 4.3 -5.8 2.6 4.7 2.8 0.5 1988. 4.5 10.9 2.9 -2.4 9.8 5.4 8.1 3.4 1989. 4.9 4.5 -0.2 -0.3 0.5 0.0 0.8 -3.9 1990. 3.4 11.2 2.2 -0.6 0.1 3.7 2.1 -1.3 1991. -0.4 3.5 5.8 -2.9 -1.7 1.5 0.5 0.9 1992. 0.3 -1.3 5.5 5.5 -2.4 5.1 -0.1 -0.5 1993. 1.8 -1.1 2.8 2.6 4.3 2.6 3.1 1.3 1994. 1.2 2.1 3.4 -1.3 -3.7 4.3 -0.9 -2.1 1995. 1.0 18.3 -1.0 -6.9 4.7 2.7 5.0 4.0 1996. 5.0 -9.6 2.4 8.7 1.9 3.1 0.5 -4.3 1997. 0.4 7.2 2.3 4.5 -0.1 2.7 1.6 1.2 1998. -2.2 -9.1 7.2 -4.9 -5.6 2.3 -3.2 -1.1 1999. -0.4 20.2 -2.0 -0.1 -0.5 2.7 2.4 2.8 2000. 1.7 -21.2 9.2 23.5 0.7 2.7 -0.9 -2.5 2001. 3.4 -11.1 6.2 4.7 0.0 3.9 0.2 -3.1 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.7 3.9 5.4 4.2 2.1 4.3 3.1 0.3 1949-1973 2.4 0.7 5.5 1.7 2.5 3.7 3.1 0.7 1973-2001 3.0 6.7 5.4 6.3 1.8 4.8 3.1 0.0 1973-1979 7.1 12.9 9.5 19.1 6.1 7.9 7.2 0.1 1979-1990 2.9 11.3 4.8 3.4 1.6 4.8 3.3 0.4 1990-1995 0.8 4.0 3.3 -0.7 0.2 3.2 1.5 0.7 1995-2000 0.9 -3.6 3.8 5.9 -0.8 2.7 0.1 -0.8 2000-2001 3.4 -11.1 6.2 4.7 0.0 3.9 0.2 -3.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FOOD AND KINDRED PRODUCTS (SIC 20) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 25.4 11.4 8.0 15.5 31.6 13.1 20.7 81.5 1953. 26.7 12.7 10.2 16.9 33.9 16.0 23.1 86.4 1954. 27.3 12.2 10.6 16.3 34.6 16.4 23.6 86.5 1955. 26.1 14.8 11.0 16.3 31.3 16.8 22.5 86.2 1956. 25.9 12.9 11.8 17.1 31.4 17.4 22.7 87.6 1957. 26.6 13.7 12.6 18.0 32.9 17.8 23.9 89.9 1958. 28.6 15.4 13.1 16.7 33.8 18.8 24.8 86.5 1959. 28.0 17.1 13.6 17.2 32.9 19.1 24.7 88.3 1960. 27.9 16.4 14.4 17.7 33.0 19.9 25.1 89.7 1961. 28.3 17.1 14.8 18.1 32.7 20.4 25.2 88.9 1962. 28.5 17.9 15.4 18.4 33.4 20.9 25.9 90.8 1963. 28.4 19.3 15.8 18.1 33.2 21.6 26.1 91.9 1964. 28.3 19.6 16.6 16.8 32.7 22.1 26.2 92.4 1965. 29.2 19.6 16.7 16.7 34.5 23.0 27.2 93.2 1966. 30.9 22.1 17.4 16.5 36.8 23.7 28.9 93.6 1967. 30.5 21.2 18.6 16.7 35.7 24.4 28.7 94.1 1968. 31.2 21.4 19.9 16.4 36.7 25.1 29.7 95.3 1969. 32.8 20.2 21.3 16.6 39.3 25.9 31.4 95.8 1970. 34.2 21.9 23.2 17.0 40.4 27.1 32.8 96.1 1971. 35.0 23.2 24.7 18.3 41.0 28.4 33.9 96.9 1972. 36.8 19.2 26.0 20.4 46.3 29.9 36.7 99.7 1973. 44.5 13.5 28.8 23.2 57.3 31.3 42.7 95.9 1974. 51.0 18.1 32.2 30.8 61.6 33.7 46.8 91.8 1975. 55.1 37.4 34.4 37.7 63.3 36.3 50.9 92.4 1976. 53.7 33.2 37.4 43.6 63.9 39.4 51.8 96.4 1977. 56.4 33.1 40.7 50.4 64.1 42.6 53.1 94.1 1978. 61.3 30.5 45.1 56.2 73.4 45.9 59.2 96.6 1979. 67.2 27.8 49.6 66.0 81.6 49.3 64.8 96.5 1980. 71.7 37.6 54.1 79.7 87.0 53.8 70.7 98.7 1981. 75.0 41.0 59.6 93.8 87.3 58.4 73.2 97.6 1982. 75.3 54.0 64.7 106.9 90.6 62.2 78.4 104.1 1983. 77.0 60.1 67.1 115.4 91.1 65.9 80.5 104.5 1984. 79.6 60.1 70.2 117.1 92.5 69.5 82.2 103.3 1985. 77.7 65.4 73.3 115.8 87.2 72.5 80.7 103.9 1986. 79.0 69.3 76.0 104.3 85.9 72.3 80.8 102.3 1987. 80.8 70.4 79.3 98.3 88.1 75.7 83.1 102.9 1988. 84.4 78.1 81.6 96.0 96.7 79.8 89.8 106.4 1989. 88.5 81.6 81.4 95.7 97.2 79.8 90.5 102.2 1990. 91.5 90.7 83.2 95.2 97.3 82.8 92.4 100.9 1991. 91.2 93.9 88.0 92.4 95.7 84.0 92.9 101.8 1992. 91.5 92.7 92.8 97.5 93.3 88.3 92.8 101.4 1993. 93.2 91.6 95.4 100.1 97.3 90.6 95.7 102.7 1994. 94.3 93.5 98.6 98.8 93.8 94.4 94.8 100.5 1995. 95.2 110.6 97.6 92.0 98.2 97.0 99.5 104.5 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 100.4 107.2 102.3 104.5 99.9 102.7 101.6 101.2 1998. 98.3 97.4 109.7 99.3 94.3 105.0 98.3 100.1 1999. 97.9 117.1 107.5 99.2 93.9 107.9 100.7 102.9 2000. 99.5 92.3 117.4 122.5 94.5 110.8 99.8 100.2 2001. 103.0 82.1 124.8 128.3 94.5 115.1 100.0 97.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FOOD AND KINDRED PRODUCTS (SIC 20) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 0.7 3.1 0.4 0.9 -1.0 1.2 1964. 2.6 5.0 -8.4 -0.6 -2.9 0.5 1965. -0.8 -0.6 2.5 1.7 0.2 0.9 1966. -0.1 1.3 -2.7 0.6 -2.4 0.4 1967. 3.7 7.5 1.9 -1.6 -2.8 0.5 1968. -1.0 1.9 -11.5 1.2 3.9 1.2 1969. -1.2 1.0 3.7 0.7 0.1 0.6 1970. -1.1 2.5 -8.1 -0.3 2.0 0.3 1971. 0.1 4.1 0.3 -1.1 9.6 0.8 1972. 1.6 5.3 8.7 2.1 4.4 2.9 1973. -7.1 -1.4 -3.3 -4.2 -4.4 -3.8 1974. 1.7 6.1 4.0 -7.2 -1.4 -4.2 1975. -4.2 2.1 -3.4 1.4 -5.2 0.7 1976. 1.8 4.4 3.9 4.8 1.8 4.3 1977. -3.4 0.8 1.5 -3.3 -1.1 -2.4 1978. 2.2 2.7 -0.1 2.5 6.5 2.7 1979. -2.9 -1.2 4.1 0.0 2.6 -0.1 1980. -0.2 3.8 2.3 1.7 7.1 2.3 1981. 0.3 4.8 6.4 -2.5 -5.3 -1.1 1982. 1.6 6.1 1.2 6.9 16.0 6.7 1983. 0.2 2.2 4.5 -0.3 1.8 0.4 1984. 0.9 2.3 -0.6 -2.6 1.0 -1.1 1985. 1.5 4.4 5.3 -0.5 -3.3 0.5 1986. -1.0 -0.1 -2.0 -1.1 -9.2 -1.5 1987. -0.7 0.6 -1.6 -0.2 10.4 0.5 1988. 2.0 2.7 0.1 5.3 -7.2 3.4 1989. -1.7 -2.7 -1.3 -3.9 -11.4 -3.9 1990. 0.4 0.8 2.2 -1.7 -6.1 -1.3 1991. -0.3 3.5 -1.4 1.3 -4.9 0.9 1992. 2.8 5.2 3.0 -2.4 -3.9 -0.5 1993. -0.1 0.2 -1.1 2.2 0.4 1.3 1994. -0.3 0.4 -3.0 -4.0 3.0 -2.1 1995. 1.1 2.1 -1.2 5.5 3.9 4.0 1996. -4.0 -0.8 2.9 -6.2 -0.4 -4.3 1997. 1.9 2.2 2.0 0.6 1.5 1.2 1998. -1.7 3.8 -0.7 -2.9 1.9 -1.1 1999. -2.1 -1.8 0.4 5.1 6.5 2.8 2000. -3.0 0.4 -0.6 -3.4 -3.0 -2.5 2001. -1.7 0.3 -0.6 -4.8 -2.2 -3.1 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 0.2 2.3 0.1 -0.2 -0.4 0.3 1949-1973 0.9 2.8 -0.9 0.1 -0.7 0.7 1973-2001 -0.3 2.0 0.9 -0.4 -0.2 0.0 1973-1979 -0.8 2.4 1.6 -0.4 0.5 0.1 1979-1990 0.3 2.2 1.4 0.0 -0.9 0.4 1990-1995 0.6 2.3 -0.8 0.4 -0.4 0.7 1995-2000 -1.8 0.8 0.8 -1.4 1.3 -0.8 2000-2001 -1.7 0.3 -0.6 -4.8 -2.2 -3.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FOOD AND KINDRED PRODUCTS (SIC 20) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 106.2 45.7 94.3 107.2 103.7 90.8 1963. 107.0 47.1 94.7 108.1 102.6 91.9 1964. 109.8 49.5 86.7 107.4 99.6 92.4 1965. 108.9 49.1 88.9 109.3 99.8 93.2 1966. 108.8 49.8 86.5 110.0 97.5 93.6 1967. 112.9 53.5 88.1 108.2 94.8 94.1 1968. 111.7 54.6 78.0 109.5 98.5 95.3 1969. 110.4 55.1 80.9 110.2 98.5 95.8 1970. 109.2 56.5 74.3 109.9 100.5 96.1 1971. 109.3 58.8 74.5 108.7 110.2 96.9 1972. 111.0 61.9 81.0 111.0 115.0 99.7 1973. 103.0 61.1 78.3 106.4 109.9 95.9 1974. 104.8 64.8 81.4 98.7 108.3 91.8 1975. 100.4 66.2 78.6 100.0 102.7 92.4 1976. 102.2 69.1 81.7 104.8 104.5 96.4 1977. 98.7 69.6 82.9 101.3 103.3 94.1 1978. 100.9 71.5 82.8 103.8 110.0 96.6 1979. 97.9 70.6 86.2 103.9 112.9 96.5 1980. 97.7 73.3 88.2 105.7 120.9 98.7 1981. 98.0 76.8 93.8 103.0 114.5 97.6 1982. 99.5 81.5 94.9 110.1 132.8 104.1 1983. 99.7 83.3 99.2 109.7 135.2 104.5 1984. 100.6 85.3 98.5 106.8 136.6 103.3 1985. 102.2 89.0 103.8 106.2 132.0 103.9 1986. 101.2 89.0 101.7 105.0 119.8 102.3 1987. 100.4 89.5 100.0 104.9 132.3 102.9 1988. 102.5 91.9 100.1 110.4 122.8 106.4 1989. 100.7 89.4 98.8 106.1 108.9 102.2 1990. 101.1 90.1 100.9 104.3 102.2 100.9 1991. 100.8 93.2 99.6 105.7 97.2 101.8 1992. 103.6 98.1 102.5 103.1 93.4 101.4 1993. 103.4 98.3 101.4 105.3 93.8 102.7 1994. 103.1 98.8 98.4 101.1 96.7 100.5 1995. 104.2 100.8 97.2 106.6 100.4 104.5 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 101.9 102.2 102.0 100.6 101.5 101.2 1998. 100.2 106.1 101.3 97.7 103.4 100.1 1999. 98.1 104.3 101.7 102.8 110.2 102.9 2000. 95.1 104.7 101.1 99.3 106.8 100.2 2001. 93.6 105.0 100.5 94.5 104.5 97.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FOOD AND KINDRED PRODUCTS (SIC 20) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 34.338 2.523 5.869 0.338 24.400 1.208 1953. 40.059 2.845 7.650 0.355 27.382 1.827 1954. 40.705 2.725 7.858 0.411 27.775 1.936 1955. 41.229 3.325 8.189 0.437 27.213 2.065 1956. 42.928 2.942 8.825 0.487 28.370 2.303 1957. 44.377 3.080 9.109 0.495 29.206 2.487 1958. 48.574 3.586 9.312 0.523 32.316 2.836 1959. 49.113 4.016 9.802 0.536 31.817 2.942 1960. 50.203 3.858 10.366 0.554 32.291 3.134 1961. 51.877 4.061 10.547 0.564 33.462 3.243 1962. 53.636 4.301 10.887 0.581 34.479 3.389 1963. 54.709 4.708 11.084 0.581 34.725 3.611 1964. 57.283 4.877 11.648 0.620 36.128 4.010 1965. 59.196 4.953 11.871 0.603 37.605 4.164 1966. 64.125 5.691 12.502 0.626 40.813 4.494 1967. 67.902 5.656 13.293 0.666 43.175 5.111 1968. 70.205 5.837 14.152 0.751 44.334 5.132 1969. 74.618 5.630 15.152 0.738 47.757 5.341 1970. 78.477 6.232 16.198 0.831 49.681 5.535 1971. 82.422 6.783 17.038 0.917 52.263 5.421 1972. 91.071 5.797 17.890 0.986 60.649 5.749 1973. 106.717 4.233 19.439 1.121 75.835 6.088 1974. 127.735 5.868 21.410 1.500 92.003 6.953 1975. 136.310 12.484 22.126 1.877 92.006 7.816 1976. 142.329 11.631 24.699 2.237 94.843 8.919 1977. 151.057 12.136 26.929 2.574 99.574 9.845 1978. 169.076 11.288 29.950 2.961 114.602 10.274 1979. 184.707 10.570 33.220 3.328 126.869 10.721 1980. 201.294 14.618 35.682 4.011 135.844 11.140 1981. 215.286 16.261 38.321 4.544 143.099 13.062 1982. 222.321 21.664 40.311 5.254 142.750 12.341 1983. 229.356 24.278 41.277 5.482 145.352 12.967 1984. 241.924 24.561 43.114 5.716 154.725 13.808 1985. 246.434 27.464 44.924 5.594 152.901 15.551 1986. 254.350 29.849 47.327 5.221 154.605 17.348 1987. 264.450 31.073 49.919 5.087 161.641 16.731 1988. 284.922 34.826 51.566 5.118 173.829 19.583 1989. 297.985 36.899 52.736 5.158 181.174 22.018 1990. 316.501 41.969 54.932 5.155 189.448 24.997 1991. 321.294 44.396 57.226 5.170 187.340 27.161 1992. 339.461 44.911 60.404 5.579 197.287 31.280 1993. 351.702 45.257 63.039 5.890 204.983 32.532 1994. 359.481 46.818 65.511 6.053 207.852 33.247 1995. 375.566 56.664 65.714 5.904 213.286 33.999 1996. 387.306 52.408 66.654 6.124 227.552 34.568 1997. 402.109 57.009 68.982 6.483 233.503 36.133 1998. 405.725 54.329 73.476 6.398 234.114 37.408 1999. 405.799 66.997 73.604 6.392 222.553 36.253 2000. 411.838 54.318 79.845 7.923 231.454 38.299 2001. 424.911 48.978 84.359 8.329 242.670 40.576 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FOOD AND KINDRED PRODUCTS (SIC 20) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.073 0.171 0.010 0.711 0.035 1952. 0.067 0.174 0.009 0.707 0.043 1953. 0.071 0.191 0.009 0.684 0.046 1954. 0.067 0.193 0.010 0.682 0.048 1955. 0.081 0.199 0.011 0.660 0.050 1956. 0.069 0.206 0.011 0.661 0.054 1957. 0.069 0.205 0.011 0.658 0.056 1958. 0.074 0.192 0.011 0.665 0.058 1959. 0.082 0.200 0.011 0.648 0.060 1960. 0.077 0.206 0.011 0.643 0.062 1961. 0.078 0.203 0.011 0.645 0.063 1962. 0.080 0.203 0.011 0.643 0.063 1963. 0.086 0.203 0.011 0.635 0.066 1964. 0.085 0.203 0.011 0.631 0.070 1965. 0.084 0.201 0.010 0.635 0.070 1966. 0.089 0.195 0.010 0.636 0.070 1967. 0.083 0.196 0.010 0.636 0.075 1968. 0.083 0.202 0.011 0.631 0.073 1969. 0.075 0.203 0.010 0.640 0.072 1970. 0.079 0.206 0.011 0.633 0.071 1971. 0.082 0.207 0.011 0.634 0.066 1972. 0.064 0.196 0.011 0.666 0.063 1973. 0.040 0.182 0.011 0.711 0.057 1974. 0.046 0.168 0.012 0.720 0.054 1975. 0.092 0.162 0.014 0.675 0.057 1976. 0.082 0.174 0.016 0.666 0.063 1977. 0.080 0.178 0.017 0.659 0.065 1978. 0.067 0.177 0.018 0.678 0.061 1979. 0.057 0.180 0.018 0.687 0.058 1980. 0.073 0.177 0.020 0.675 0.055 1981. 0.076 0.178 0.021 0.665 0.061 1982. 0.097 0.181 0.024 0.642 0.056 1983. 0.106 0.180 0.024 0.634 0.057 1984. 0.102 0.178 0.024 0.640 0.057 1985. 0.111 0.182 0.023 0.620 0.063 1986. 0.117 0.186 0.021 0.608 0.068 1987. 0.117 0.189 0.019 0.611 0.063 1988. 0.122 0.181 0.018 0.610 0.069 1989. 0.124 0.177 0.017 0.608 0.074 1990. 0.133 0.174 0.016 0.599 0.079 1991. 0.138 0.178 0.016 0.583 0.085 1992. 0.132 0.178 0.016 0.581 0.092 1993. 0.129 0.179 0.017 0.583 0.092 1994. 0.130 0.182 0.017 0.578 0.092 1995. 0.151 0.175 0.016 0.568 0.091 1996. 0.135 0.172 0.016 0.588 0.089 1997. 0.142 0.172 0.016 0.581 0.090 1998. 0.134 0.181 0.016 0.577 0.092 1999. 0.165 0.181 0.016 0.548 0.089 2000. 0.132 0.194 0.019 0.562 0.093 2001. 0.115 0.199 0.020 0.571 0.095 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: TOBACCO MANUFACTURES (SIC 21) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 1.4 1.1 -2.9 24.1 1.9 -7.6 0.2 1.1 1964. 0.1 -1.2 2.1 8.4 2.8 8.8 2.0 -1.9 1965. 0.6 -0.7 -5.6 10.0 4.0 7.2 1.4 -0.8 1966. -0.3 -1.7 0.4 6.4 8.4 2.7 4.1 -4.2 1967. 1.8 -0.5 0.4 6.8 1.9 2.4 1.1 0.7 1968. 1.9 -0.5 -4.1 5.1 2.2 -2.4 -0.1 2.0 1969. -3.3 -1.9 -3.0 1.1 -4.0 -5.7 -3.4 0.1 1970. 3.3 -4.0 0.7 6.7 7.0 -1.8 1.6 1.7 1971. -0.1 -1.7 -7.2 -4.8 -0.2 -3.3 -2.3 2.3 1972. 2.5 4.5 -3.4 -2.0 1.1 9.3 2.0 0.4 1973. 5.0 5.8 4.6 8.6 -3.7 6.0 1.6 3.3 1974. -1.1 7.7 -2.3 3.2 -0.2 4.1 2.0 -3.1 1975. 4.6 7.9 -3.3 2.4 22.4 14.3 11.7 -6.4 1976. 1.3 4.7 -1.1 4.0 11.7 10.8 6.9 -5.3 1977. -3.7 -0.2 -6.8 5.2 -2.6 -3.6 -2.7 -1.0 1978. 2.7 0.0 0.5 2.2 -1.8 -8.0 -1.4 4.1 1979. -0.2 1.3 -0.9 1.3 -0.2 21.8 2.2 -2.3 1980. 2.4 -0.9 -1.3 2.2 5.3 24.0 4.0 -1.6 1981. 5.4 5.7 3.9 -0.5 7.2 15.8 7.1 -1.6 1982. -4.4 15.5 -7.5 -1.1 -11.8 116.4 14.5 -16.4 1983. -8.8 4.9 -0.7 2.3 0.4 9.7 3.9 -12.2 1984. 3.1 1.4 -5.3 -4.7 9.5 13.5 6.2 -2.9 1985. -0.8 1.5 0.3 5.3 -0.3 2.8 1.2 -2.1 1986. -4.6 0.5 -8.1 2.1 6.6 -9.1 -2.3 -2.3 1987. 0.8 1.9 -1.1 5.5 -10.6 65.9 16.6 -13.6 1988. 1.2 0.3 -0.5 0.1 -0.3 19.1 8.3 -6.6 1989. -4.8 0.9 -9.6 -1.5 -2.4 16.1 6.0 -10.2 1990. 1.1 1.6 -0.5 -1.2 5.6 16.3 9.5 -7.7 1991. -5.6 0.9 -1.3 3.8 -5.5 11.1 5.0 -10.2 1992. -1.3 -0.1 -3.7 -3.8 5.0 8.2 5.0 -5.9 1993. -13.8 0.5 -9.3 -5.8 -14.1 -24.1 -17.3 4.3 1994. 19.6 -3.3 2.1 1.3 8.3 -2.3 -0.2 19.9 1995. 6.1 -1.7 -0.2 5.8 2.3 4.6 2.5 3.5 1996. 0.7 0.9 -2.2 -0.1 3.0 3.6 2.3 -1.6 1997. -1.6 2.5 -1.0 14.3 5.1 -1.0 0.8 -2.4 1998. -4.2 -10.6 -2.8 -2.4 -6.6 14.3 4.3 -8.1 1999. -10.8 -1.2 -10.0 -13.8 -6.8 21.4 10.4 -19.2 2000. 1.5 -1.5 -0.8 0.9 -11.6 12.6 6.6 -4.8 2001. -2.0 -3.1 -3.4 -1.5 -1.2 8.1 5.2 -6.8 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 0.0 0.9 -2.2 2.7 1.5 7.2 2.9 -2.8 1949-1973 1.0 0.5 -1.4 5.0 3.0 2.1 1.7 -0.6 1973-2001 -0.8 1.3 -2.8 0.8 0.3 11.7 4.0 -4.6 1973-1979 0.5 3.5 -2.3 3.0 4.5 6.1 3.0 -2.4 1979-1990 -0.9 2.9 -2.8 0.7 0.6 22.9 6.7 -7.2 1990-1995 0.4 -0.8 -2.6 0.2 -1.2 -1.4 -1.4 1.8 1995-2000 -3.0 -2.1 -3.4 -0.6 -3.6 9.9 4.8 -7.5 2000-2001 -2.0 -3.1 -3.4 -1.5 -1.2 8.1 5.2 -6.8 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOBACCO MANUFACTURES (SIC 21) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 81.7 53.9 260.2 23.5 36.0 4.6 28.9 282.7 1953. 79.7 59.4 252.3 27.1 38.6 5.1 30.9 258.1 1954. 73.9 61.5 248.6 28.1 37.5 5.0 30.4 242.8 1955. 76.0 61.5 253.2 30.9 40.3 5.3 32.0 237.9 1956. 76.5 60.7 246.7 32.6 43.2 5.4 33.1 231.1 1957. 78.0 57.6 238.0 33.4 46.8 5.7 34.1 228.4 1958. 81.4 53.5 235.7 35.5 51.9 6.1 35.6 228.5 1959. 85.0 54.2 235.7 33.0 54.6 7.2 37.2 228.4 1960. 87.5 56.8 229.6 34.9 56.1 6.7 37.8 231.7 1961. 89.9 58.3 225.5 34.8 58.6 7.1 38.9 231.1 1962. 92.2 61.4 222.8 39.5 60.2 6.6 39.7 232.5 1963. 93.5 62.1 216.3 49.0 61.3 6.1 39.7 235.2 1964. 93.6 61.4 220.8 53.2 63.0 6.6 40.6 230.8 1965. 94.2 60.9 208.4 58.5 65.6 7.1 41.1 228.9 1966. 93.9 59.9 209.3 62.3 71.1 7.3 42.8 219.2 1967. 95.5 59.6 210.1 66.5 72.4 7.4 43.3 220.7 1968. 97.4 59.4 201.4 69.9 74.0 7.3 43.3 225.1 1969. 94.2 58.3 195.3 70.7 71.0 6.8 41.8 225.3 1970. 97.3 55.9 196.6 75.4 76.0 6.7 42.5 229.1 1971. 97.3 55.0 182.5 71.8 75.8 6.5 41.5 234.3 1972. 99.7 57.4 176.2 70.4 76.7 7.1 42.3 235.4 1973. 104.6 60.8 184.4 76.4 73.8 7.5 43.0 243.1 1974. 103.4 65.4 180.2 78.8 73.7 7.8 43.9 235.6 1975. 108.2 70.6 174.3 80.7 90.3 9.0 49.0 220.6 1976. 109.5 74.0 172.5 84.0 100.8 9.9 52.4 208.9 1977. 105.5 73.8 160.7 88.4 98.2 9.6 51.0 206.8 1978. 108.3 73.8 161.5 90.3 96.4 8.8 50.3 215.4 1979. 108.1 74.8 160.0 91.5 96.2 10.7 51.4 210.3 1980. 110.6 74.1 157.9 93.5 101.3 13.3 53.5 206.9 1981. 116.6 78.3 164.2 93.0 108.6 15.4 57.3 203.6 1982. 111.5 90.4 151.9 92.0 95.8 33.3 65.6 170.1 1983. 101.7 94.8 150.7 94.2 96.2 36.6 68.1 149.4 1984. 104.9 96.2 142.8 89.7 105.3 41.5 72.3 145.1 1985. 104.1 97.6 143.2 94.5 105.0 42.7 73.2 142.1 1986. 99.3 98.1 131.6 96.4 111.9 38.8 71.5 138.8 1987. 100.1 100.0 130.3 101.8 100.1 64.3 83.4 120.0 1988. 101.2 100.4 129.6 101.9 99.7 76.6 90.3 112.1 1989. 96.3 101.3 117.1 100.4 97.4 89.0 95.7 100.6 1990. 97.4 102.9 116.5 99.1 102.8 103.5 104.9 92.9 1991. 91.9 103.8 114.9 102.9 97.2 115.0 110.1 83.5 1992. 90.8 103.7 110.6 99.0 102.0 124.4 115.6 78.5 1993. 78.2 104.2 100.4 93.3 87.6 94.5 95.5 81.9 1994. 93.6 100.8 102.5 94.6 94.9 92.3 95.4 98.2 1995. 99.3 99.1 102.3 100.1 97.1 96.6 97.7 101.6 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 98.4 102.5 99.0 114.3 105.1 99.0 100.8 97.6 1998. 94.3 91.6 96.3 111.6 98.2 113.2 105.2 89.7 1999. 84.1 90.5 86.7 96.2 91.5 137.4 116.1 72.4 2000. 85.4 89.1 86.0 97.0 80.9 154.8 123.8 69.0 2001. 83.7 86.3 83.0 95.5 79.9 167.3 130.2 64.3 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOBACCO MANUFACTURES (SIC 21) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 2.8 14.8 3.4 -11.1 -1.3 3.2 3.9 1.1 1964. 0.9 -7.6 6.8 -1.7 0.0 2.1 -0.9 -1.9 1965. 0.0 -8.9 8.6 -3.2 -0.3 3.6 -0.8 -0.8 1966. 4.3 4.4 5.5 0.5 -4.4 2.5 -0.1 -4.2 1967. 2.0 19.1 2.8 -3.4 -4.8 2.3 2.6 0.7 1968. 2.2 3.7 12.9 1.2 1.6 3.0 4.2 2.0 1969. 4.6 16.3 4.7 -1.0 -1.6 2.8 4.7 0.1 1970. 6.5 26.9 8.8 2.9 -3.2 4.8 8.3 1.7 1971. 2.6 8.6 11.3 9.1 -0.8 4.2 4.9 2.3 1972. 0.7 -8.0 10.7 9.3 3.7 6.4 1.1 0.4 1973. 4.0 -6.2 10.1 9.3 18.1 4.1 7.4 3.3 1974. 8.8 -1.3 14.0 43.2 5.2 7.5 5.4 -3.1 1975. 13.2 18.4 10.1 22.8 -4.7 7.5 6.0 -6.4 1976. 9.3 2.6 12.9 5.3 -1.3 9.3 3.5 -5.3 1977. 10.5 9.7 13.1 7.1 8.0 7.7 9.4 -1.0 1978. 9.5 16.2 10.9 0.4 15.7 8.1 14.0 4.1 1979. 9.0 11.1 11.0 11.8 0.3 7.2 6.5 -2.3 1980. 14.0 8.2 14.3 24.0 15.4 8.5 12.1 -1.6 1981. 10.6 13.6 14.3 7.0 3.0 7.8 8.8 -1.6 1982. 19.9 -16.4 10.9 4.9 6.5 6.2 0.2 -16.4 1983. 11.0 -21.2 12.4 10.0 -2.5 6.2 -2.5 -12.2 1984. 9.6 6.2 8.3 6.3 6.9 5.4 6.5 -2.9 1985. 7.8 9.8 8.8 2.3 2.3 4.3 5.5 -2.1 1986. 9.0 10.6 18.1 3.9 5.3 -1.2 6.4 -2.3 1987. 11.0 -14.7 -9.3 -17.7 -3.4 4.8 -4.0 -13.6 1988. 13.7 25.5 3.1 0.9 -2.3 4.4 6.3 -6.6 1989. 14.4 0.9 13.3 1.1 2.3 1.1 2.7 -10.2 1990. 15.0 20.3 1.9 1.7 3.1 3.5 6.2 -7.7 1991. 13.0 -1.8 2.5 -0.3 2.6 2.2 1.5 -10.2 1992. 10.7 12.7 7.0 0.0 -5.7 3.7 4.1 -5.9 1993. -7.6 -33.0 4.4 0.1 12.5 1.4 -3.6 4.3 1994. -10.4 28.7 -1.1 -1.3 6.1 3.8 7.4 19.9 1995. 4.6 32.7 10.4 -6.3 2.8 1.9 8.2 3.5 1996. 3.2 -2.1 0.6 5.6 1.0 3.4 1.6 -1.6 1997. 2.9 -7.8 2.7 -1.5 5.1 1.7 0.5 -2.4 1998. 5.3 -5.5 -3.5 -7.6 -17.3 2.2 -3.3 -8.1 1999. 36.3 53.2 7.7 -0.6 1.4 2.4 10.1 -19.2 2000. -2.4 -58.0 7.1 14.2 13.1 3.1 -7.1 -4.8 2001. 13.4 3.7 19.7 13.9 6.8 4.3 5.7 -6.8 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 6.0 3.7 7.5 2.2 0.8 4.1 3.0 -2.8 1949-1973 2.4 5.9 7.1 -0.8 -1.6 3.6 1.7 -0.6 1973-2001 9.2 1.8 7.9 4.9 2.9 4.5 4.1 -4.6 1973-1979 10.0 9.2 12.0 14.3 3.7 7.9 7.4 -2.4 1979-1990 12.3 2.8 8.5 3.6 3.2 4.6 4.3 -7.2 1990-1995 1.6 4.8 4.6 -1.6 3.5 2.6 3.4 1.8 1995-2000 8.3 -11.3 2.8 1.8 0.1 2.6 0.2 -7.5 2000-2001 13.4 3.7 19.7 13.9 6.8 4.3 5.7 -6.8 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOBACCO MANUFACTURES (SIC 21) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 8.0 8.9 3.2 37.8 70.4 14.1 22.7 282.7 1953. 9.4 11.6 4.4 34.2 68.2 17.2 24.4 258.1 1954. 9.9 10.7 4.6 33.1 66.6 17.7 23.9 242.8 1955. 9.6 11.1 4.8 31.5 59.6 18.3 22.8 237.9 1956. 9.6 12.1 5.3 31.7 53.4 19.2 22.2 231.1 1957. 9.9 14.3 5.7 31.6 51.1 19.5 22.7 228.4 1958. 10.2 17.6 6.0 30.4 48.4 20.6 23.4 228.5 1959. 10.4 19.3 6.2 31.0 47.7 20.7 23.8 228.4 1960. 10.4 20.2 6.7 29.5 46.5 21.6 24.2 231.7 1961. 10.4 19.8 6.8 29.7 46.2 22.0 24.1 231.1 1962. 10.4 20.4 7.3 28.3 45.1 22.5 24.2 232.5 1963. 10.7 23.4 7.5 25.2 44.5 23.2 25.2 235.2 1964. 10.8 21.6 8.0 24.7 44.5 23.7 25.0 230.8 1965. 10.8 19.7 8.7 23.9 44.4 24.5 24.8 228.9 1966. 11.3 20.5 9.2 24.1 42.4 25.1 24.7 219.2 1967. 11.5 24.5 9.4 23.2 40.4 25.7 25.4 220.7 1968. 11.8 25.4 10.7 23.5 41.0 26.5 26.5 225.1 1969. 12.3 29.5 11.2 23.3 40.4 27.2 27.7 225.3 1970. 13.1 37.5 12.2 24.0 39.1 28.5 30.0 229.1 1971. 13.4 40.7 13.5 26.1 38.8 29.7 31.5 234.3 1972. 13.5 37.4 15.0 28.6 40.2 31.6 31.8 235.4 1973. 14.1 35.1 16.5 31.2 47.5 32.9 34.2 243.1 1974. 15.3 34.6 18.8 44.7 50.0 35.4 36.0 235.6 1975. 17.3 41.0 20.7 54.9 47.6 38.0 38.2 220.6 1976. 18.9 42.1 23.3 57.8 47.0 41.6 39.5 208.9 1977. 20.9 46.1 26.4 62.0 50.8 44.8 43.2 206.8 1978. 22.9 53.6 29.3 62.2 58.7 48.4 49.3 215.4 1979. 24.9 59.6 32.5 69.5 58.9 51.9 52.5 210.3 1980. 28.4 64.4 37.2 86.2 68.0 56.3 58.8 206.9 1981. 31.5 73.2 42.5 92.2 70.0 60.7 64.0 203.6 1982. 37.7 61.2 47.1 96.8 74.6 64.5 64.2 170.1 1983. 41.8 48.3 53.0 106.5 72.7 68.5 62.5 149.4 1984. 45.9 51.2 57.3 113.1 77.7 72.1 66.6 145.1 1985. 49.4 56.2 62.4 115.7 79.5 75.2 70.3 142.1 1986. 53.9 62.2 73.6 120.3 83.7 74.4 74.8 138.8 1987. 59.8 53.0 66.8 98.9 80.9 77.9 71.8 120.0 1988. 68.0 66.5 68.9 99.8 79.0 81.4 76.3 112.1 1989. 77.8 67.1 78.1 100.9 80.9 82.3 78.3 100.6 1990. 89.5 80.7 79.6 102.6 83.3 85.2 83.2 92.9 1991. 101.2 79.3 81.6 102.3 85.5 87.0 84.4 83.5 1992. 111.9 89.4 87.3 102.3 80.7 90.3 87.9 78.5 1993. 103.4 59.9 91.1 102.4 90.7 91.5 84.7 81.9 1994. 92.7 77.0 90.1 101.1 96.2 94.9 91.0 98.2 1995. 96.9 102.2 99.4 94.7 99.0 96.7 98.5 101.6 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 102.9 92.2 102.7 98.5 105.1 101.7 100.5 97.6 1998. 108.4 87.0 99.1 91.1 86.9 103.9 97.2 89.7 1999. 147.7 133.3 106.7 90.5 88.1 106.4 107.0 72.4 2000. 144.2 56.0 114.3 103.4 99.7 109.7 99.5 69.0 2001. 163.5 58.1 136.9 117.7 106.4 114.4 105.1 64.3 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOBACCO MANUFACTURES (SIC 21) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 0.3 4.4 -18.3 -0.5 9.7 1.1 1964. 1.3 -1.9 -7.6 -2.6 -8.0 -1.9 1965. 1.3 6.6 -8.6 -3.3 -6.2 -0.8 1966. 1.4 -0.8 -6.3 -8.1 -2.9 -4.2 1967. 2.3 1.4 -4.7 -0.1 -0.6 0.7 1968. 2.4 6.3 -3.0 -0.2 4.4 2.0 1969. -1.4 -0.2 -4.4 0.8 2.6 0.1 1970. 7.7 2.6 -3.2 -3.4 5.2 1.7 1971. 1.7 7.7 5.0 0.1 3.4 2.3 1972. -2.0 6.1 4.5 1.3 -6.3 0.4 1973. -0.8 0.3 -3.3 9.0 -1.0 3.3 1974. -8.2 1.2 -4.2 -1.0 -5.0 -3.1 1975. -3.1 8.2 2.1 -14.6 -8.5 -6.4 1976. -3.3 2.3 -2.7 -9.3 -8.6 -5.3 1977. -3.5 3.4 -8.5 -1.1 -0.1 -1.0 1978. 2.7 2.2 0.4 4.5 11.6 4.1 1979. -1.5 0.7 -1.5 0.0 -18.1 -2.3 1980. 3.3 3.7 0.2 -2.8 -17.4 -1.6 1981. -0.3 1.4 5.9 -1.6 -9.0 -1.6 1982. -17.2 3.4 -3.3 8.4 -55.8 -16.4 1983. -13.0 -8.1 -10.9 -9.1 -16.8 -12.2 1984. 1.7 8.9 8.3 -5.8 -9.1 -2.9 1985. -2.3 -1.1 -5.8 -0.6 -3.6 -2.1 1986. -5.1 3.8 -6.5 -10.5 5.0 -2.3 1987. -1.1 1.9 -4.5 12.7 -39.3 -13.6 1988. 0.8 1.7 1.1 1.5 -15.1 -6.6 1989. -5.7 5.3 -3.4 -2.5 -18.0 -10.2 1990. -0.5 1.6 2.4 -4.3 -13.1 -7.7 1991. -6.5 -4.4 -9.1 -0.1 -15.1 -10.2 1992. -1.2 2.6 2.6 -5.9 -8.7 -5.9 1993. -14.2 -5.0 -8.5 0.4 13.6 4.3 1994. 23.8 17.2 18.1 10.5 22.5 19.9 1995. 7.9 6.4 0.3 3.7 1.4 3.5 1996. -0.2 3.0 0.8 -2.3 -2.8 -1.6 1997. -4.0 -0.6 -13.9 -6.4 -0.6 -2.4 1998. 7.2 -1.5 -1.8 2.6 -16.2 -8.1 1999. -9.8 -1.0 3.4 -4.3 -26.6 -19.2 2000. 3.1 2.3 0.6 14.9 -9.9 -4.8 2001. 1.2 1.5 -0.4 -0.8 -9.3 -6.8 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.9 2.3 -2.6 -1.5 -6.6 -2.8 1949-1973 0.5 2.5 -3.8 -1.9 -1.0 -0.6 1973-2001 -2.0 2.1 -1.6 -1.1 -11.2 -4.6 1973-1979 -2.9 3.0 -2.4 -3.8 -5.2 -2.4 1979-1990 -3.8 2.0 -1.7 -1.5 -19.4 -7.2 1990-1995 1.2 3.0 0.2 1.6 1.8 1.8 1995-2000 -0.9 0.4 -2.4 0.6 -11.7 -7.5 2000-2001 1.2 1.5 -0.4 -0.8 -9.3 -6.8 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOBACCO MANUFACTURES (SIC 21) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 150.1 41.4 233.4 153.2 1405.2 232.5 1963. 150.5 43.2 190.6 152.4 1542.1 235.2 1964. 152.5 42.4 176.0 148.5 1419.3 230.8 1965. 154.5 45.2 160.9 143.7 1331.8 228.9 1966. 156.6 44.9 150.8 132.1 1292.5 219.2 1967. 160.2 45.5 143.7 131.9 1285.1 220.7 1968. 164.1 48.4 139.4 131.6 1341.8 225.1 1969. 161.7 48.2 133.3 132.7 1376.3 225.3 1970. 174.1 49.5 129.1 128.1 1448.1 229.1 1971. 177.0 53.3 135.5 128.3 1497.0 234.3 1972. 173.5 56.5 141.7 130.0 1402.8 235.4 1973. 172.1 56.7 136.9 141.6 1389.2 243.1 1974. 158.0 57.4 131.2 140.3 1319.9 235.6 1975. 153.2 62.1 134.0 119.9 1207.9 220.6 1976. 148.1 63.5 130.5 108.7 1103.8 208.9 1977. 142.9 65.7 119.4 107.5 1102.6 206.8 1978. 146.8 67.1 120.0 112.4 1230.0 215.4 1979. 144.6 67.6 118.2 112.3 1007.4 210.3 1980. 149.3 70.1 118.4 109.2 831.7 206.9 1981. 148.9 71.0 125.4 107.4 757.0 203.6 1982. 123.3 73.4 121.2 116.4 334.5 170.1 1983. 107.3 67.5 108.0 105.8 278.3 149.4 1984. 109.1 73.5 117.0 99.7 252.9 145.1 1985. 106.6 72.7 110.1 99.1 243.8 142.1 1986. 101.2 75.4 102.9 88.7 256.0 138.8 1987. 100.0 76.8 98.3 100.0 155.5 120.0 1988. 100.8 78.1 99.4 101.5 132.1 112.1 1989. 95.1 82.3 96.0 99.0 108.3 100.6 1990. 94.7 83.6 98.2 94.7 94.1 92.9 1991. 88.5 80.0 89.3 94.6 79.9 83.5 1992. 87.5 82.0 91.6 89.0 72.9 78.5 1993. 75.1 77.9 83.8 89.3 82.8 81.9 1994. 92.9 91.3 99.0 98.7 101.4 98.2 1995. 100.2 97.1 99.3 102.3 102.9 101.6 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 96.0 99.4 86.1 93.6 99.4 97.6 1998. 103.0 98.0 84.6 96.0 83.4 89.7 1999. 92.9 97.1 87.5 91.9 61.2 72.4 2000. 95.8 99.3 88.0 105.6 55.2 69.0 2001. 97.0 100.8 87.6 104.8 50.0 64.3 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOBACCO MANUFACTURES (SIC 21) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 2.040 0.299 0.245 0.011 1.379 0.106 1953. 2.343 0.429 0.327 0.012 1.431 0.145 1954. 2.267 0.409 0.342 0.012 1.359 0.146 1955. 2.263 0.423 0.363 0.013 1.307 0.158 1956. 2.286 0.455 0.392 0.013 1.256 0.169 1957. 2.412 0.511 0.403 0.014 1.302 0.182 1958. 2.591 0.585 0.420 0.014 1.365 0.207 1959. 2.757 0.651 0.432 0.013 1.416 0.245 1960. 2.840 0.711 0.460 0.013 1.419 0.237 1961. 2.915 0.715 0.459 0.013 1.473 0.255 1962. 2.990 0.776 0.481 0.014 1.477 0.241 1963. 3.115 0.901 0.483 0.016 1.485 0.230 1964. 3.149 0.823 0.527 0.017 1.527 0.255 1965. 3.169 0.744 0.540 0.018 1.584 0.284 1966. 3.294 0.764 0.572 0.019 1.641 0.299 1967. 3.419 0.905 0.590 0.020 1.591 0.313 1968. 3.560 0.935 0.639 0.021 1.651 0.314 1969. 3.601 1.067 0.649 0.021 1.560 0.305 1970. 3.964 1.300 0.711 0.023 1.616 0.314 1971. 4.063 1.388 0.734 0.024 1.601 0.316 1972. 4.191 1.334 0.785 0.026 1.679 0.368 1973. 4.573 1.323 0.905 0.031 1.908 0.406 1974. 4.918 1.407 1.008 0.046 2.004 0.454 1975. 5.822 1.798 1.073 0.057 2.337 0.557 1976. 6.442 1.931 1.198 0.063 2.576 0.675 1977. 6.857 2.113 1.263 0.071 2.710 0.701 1978. 7.711 2.456 1.407 0.073 3.079 0.697 1979. 8.387 2.764 1.547 0.082 3.083 0.911 1980. 9.786 2.963 1.745 0.104 3.748 1.226 1981. 11.410 3.558 2.074 0.111 4.137 1.531 1982. 13.081 3.435 2.129 0.115 3.885 3.517 1983. 13.242 2.840 2.374 0.129 3.804 4.095 1984. 14.973 3.058 2.436 0.131 4.452 4.896 1985. 15.997 3.407 2.655 0.141 4.541 5.252 1986. 16.635 3.788 2.884 0.150 5.097 4.717 1987. 18.613 3.292 2.588 0.130 4.403 8.199 1988. 21.417 4.144 2.655 0.131 4.288 10.198 1989. 23.323 4.220 2.719 0.131 4.282 11.971 1990. 27.118 5.157 2.756 0.131 4.662 14.411 1991. 28.922 5.107 2.788 0.136 4.520 16.372 1992. 31.598 5.752 2.872 0.131 4.475 18.368 1993. 25.175 3.872 2.720 0.123 4.322 14.137 1994. 26.981 4.816 2.746 0.123 4.966 14.329 1995. 29.927 6.283 3.024 0.122 5.226 15.272 1996. 31.104 6.206 2.974 0.129 5.440 16.355 1997. 31.512 5.862 3.025 0.145 6.009 16.471 1998. 31.799 4.948 2.838 0.131 4.643 19.238 1999. 38.648 7.487 2.751 0.112 4.388 23.910 2000. 38.296 3.095 2.923 0.129 4.384 27.765 2001. 42.561 3.110 3.381 0.145 4.624 31.301 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TOBACCO MANUFACTURES (SIC 21) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.146 0.120 0.006 0.676 0.052 1952. 0.147 0.139 0.005 0.646 0.062 1953. 0.183 0.139 0.005 0.611 0.062 1954. 0.180 0.151 0.005 0.599 0.064 1955. 0.187 0.160 0.006 0.577 0.070 1956. 0.199 0.171 0.006 0.550 0.074 1957. 0.212 0.167 0.006 0.540 0.076 1958. 0.226 0.162 0.005 0.527 0.080 1959. 0.236 0.157 0.005 0.514 0.089 1960. 0.251 0.162 0.005 0.500 0.083 1961. 0.245 0.157 0.005 0.505 0.088 1962. 0.260 0.161 0.005 0.494 0.081 1963. 0.289 0.155 0.005 0.477 0.074 1964. 0.261 0.167 0.005 0.485 0.081 1965. 0.235 0.170 0.006 0.500 0.089 1966. 0.232 0.174 0.006 0.498 0.091 1967. 0.265 0.173 0.006 0.465 0.091 1968. 0.263 0.179 0.006 0.464 0.088 1969. 0.296 0.180 0.006 0.433 0.085 1970. 0.328 0.179 0.006 0.408 0.079 1971. 0.342 0.181 0.006 0.394 0.078 1972. 0.318 0.187 0.006 0.401 0.088 1973. 0.289 0.198 0.007 0.417 0.089 1974. 0.286 0.205 0.009 0.408 0.092 1975. 0.309 0.184 0.010 0.401 0.096 1976. 0.300 0.186 0.010 0.400 0.105 1977. 0.308 0.184 0.010 0.395 0.102 1978. 0.319 0.182 0.009 0.399 0.090 1979. 0.330 0.184 0.010 0.368 0.109 1980. 0.303 0.178 0.011 0.383 0.125 1981. 0.312 0.182 0.010 0.363 0.134 1982. 0.263 0.163 0.009 0.297 0.269 1983. 0.214 0.179 0.010 0.287 0.309 1984. 0.204 0.163 0.009 0.297 0.327 1985. 0.213 0.166 0.009 0.284 0.328 1986. 0.228 0.173 0.009 0.306 0.284 1987. 0.177 0.139 0.007 0.237 0.440 1988. 0.194 0.124 0.006 0.200 0.476 1989. 0.181 0.117 0.006 0.184 0.513 1990. 0.190 0.102 0.005 0.172 0.531 1991. 0.177 0.096 0.005 0.156 0.566 1992. 0.182 0.091 0.004 0.142 0.581 1993. 0.154 0.108 0.005 0.172 0.562 1994. 0.179 0.102 0.005 0.184 0.531 1995. 0.210 0.101 0.004 0.175 0.510 1996. 0.200 0.096 0.004 0.175 0.526 1997. 0.186 0.096 0.005 0.191 0.523 1998. 0.156 0.089 0.004 0.146 0.605 1999. 0.194 0.071 0.003 0.114 0.619 2000. 0.081 0.076 0.003 0.114 0.725 2001. 0.073 0.079 0.003 0.109 0.735 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: TEXTILE MILL PRODUCTS (SIC 22) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 3.8 0.6 -1.5 4.2 6.0 1.5 1.9 1.9 1964. 7.8 0.4 1.6 10.4 5.9 9.4 3.6 4.1 1965. 8.0 2.8 5.8 4.3 2.1 2.2 3.7 4.1 1966. 7.8 6.5 4.4 7.0 0.5 8.7 3.5 4.2 1967. 2.1 5.4 -2.7 9.9 -0.5 13.7 0.2 1.8 1968. 7.9 3.4 4.0 5.8 13.2 8.4 7.4 0.5 1969. 4.2 3.3 -0.5 2.0 1.4 6.6 1.1 3.0 1970. 1.4 2.5 -5.0 2.3 -3.9 -4.7 -3.4 4.9 1971. 5.7 2.9 -0.5 5.3 8.4 10.3 3.8 1.9 1972. 10.5 3.2 5.1 6.6 16.4 16.8 9.6 0.8 1973. -1.2 3.9 0.7 1.2 -4.3 -2.6 -1.1 -0.1 1974. -5.8 2.4 -8.1 -8.6 1.8 -1.5 -2.9 -3.0 1975. -2.1 0.2 -10.4 -0.2 -8.9 2.8 -7.6 6.0 1976. 10.9 -0.2 7.9 6.9 14.0 3.6 9.1 1.6 1977. 9.9 0.9 -0.2 -0.9 5.0 7.6 2.5 7.2 1978. 1.6 0.4 -0.9 -2.1 -3.8 -7.4 -2.4 4.1 1979. 1.9 -0.8 -2.1 -3.4 -2.8 -0.8 -2.2 4.2 1980. -3.0 -0.5 -4.8 -5.8 -6.3 -4.3 -5.1 2.2 1981. -1.4 -0.1 -3.9 -2.9 -1.8 -9.9 -3.0 1.6 1982. -5.3 -0.7 -13.7 -11.5 -10.0 -14.5 -10.9 6.3 1983. 13.0 -0.2 6.5 8.0 14.8 14.0 9.8 2.9 1984. 1.2 2.1 -0.6 1.2 0.9 -3.3 0.3 0.9 1985. -2.8 0.2 -5.9 -3.8 -3.7 -2.9 -4.1 1.3 1986. 4.4 0.1 2.7 4.4 1.8 4.6 2.2 2.1 1987. 7.7 0.2 5.6 10.0 7.4 10.1 6.2 1.4 1988. -0.2 0.1 -1.4 0.0 -7.5 11.9 -3.2 3.1 1989. 2.2 0.3 -1.7 0.7 3.1 13.7 1.6 0.6 1990. -2.4 0.6 -5.4 -3.7 -2.8 1.7 -3.1 0.7 1991. -0.5 0.1 -1.5 2.2 -1.8 6.2 -0.8 0.3 1992. 8.4 0.6 0.8 4.5 6.1 13.1 4.0 4.2 1993. 5.1 1.3 1.2 4.5 6.0 3.3 3.4 1.6 1994. 4.0 2.9 1.5 6.0 4.6 4.1 3.3 0.6 1995. -1.0 2.3 -5.1 1.4 -2.1 0.4 -2.3 1.4 1996. -0.5 1.2 -5.4 -5.8 0.3 -2.6 -2.0 1.5 1997. 0.7 1.8 -0.3 -4.1 -1.0 -2.8 -0.7 1.4 1998. -1.0 3.8 -4.0 -1.9 2.5 -5.1 -0.3 -0.7 1999. -2.8 1.2 -7.5 -2.5 -7.7 -7.6 -6.5 3.9 2000. -1.7 -0.7 -3.3 -1.6 -6.3 -5.8 -4.5 3.0 2001. -10.4 -2.5 -13.0 -10.2 -13.2 -15.0 -12.2 2.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.3 0.8 -1.7 0.9 1.3 1.8 0.0 2.3 1949-1973 3.9 1.1 -0.4 3.0 3.5 3.8 1.5 2.3 1973-2001 0.9 0.6 -2.7 -0.8 -0.6 0.2 -1.2 2.2 1973-1979 2.5 0.5 -2.5 -1.5 0.7 0.6 -0.7 3.3 1979-1990 1.1 0.2 -2.2 -0.5 -0.6 1.5 -1.0 2.1 1990-1995 3.1 1.4 -0.7 3.7 2.5 5.3 1.5 1.6 1995-2000 -1.1 1.5 -4.1 -3.2 -2.5 -4.8 -2.8 1.8 2000-2001 -10.4 -2.5 -13.0 -10.2 -13.2 -15.0 -12.2 2.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TEXTILE MILL PRODUCTS (SIC 22) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 26.5 67.1 179.3 50.1 39.2 26.4 77.1 34.4 1953. 31.5 69.3 180.4 56.0 52.7 35.2 87.9 35.8 1954. 29.0 68.5 159.7 50.8 45.3 32.0 77.5 37.4 1955. 32.7 68.1 167.9 56.4 52.7 37.0 85.0 38.4 1956. 32.6 68.3 163.4 56.6 51.9 36.9 83.5 39.1 1957. 31.8 67.1 152.5 53.2 49.1 37.0 79.0 40.2 1958. 31.3 64.6 141.8 53.0 47.2 35.8 74.9 41.7 1959. 34.6 63.4 152.1 55.8 53.4 34.7 80.8 42.8 1960. 33.6 62.7 145.6 55.4 51.7 33.6 78.1 43.1 1961. 35.0 62.1 141.9 55.5 54.2 32.5 78.4 44.6 1962. 37.6 62.1 145.6 57.7 59.2 33.6 82.1 45.7 1963. 39.0 62.5 143.4 60.1 62.8 34.1 83.7 46.6 1964. 42.1 62.7 145.6 66.3 66.6 37.3 86.7 48.5 1965. 45.4 64.5 154.0 69.2 67.9 38.1 90.0 50.5 1966. 49.0 68.7 160.8 74.0 68.2 41.4 93.1 52.6 1967. 50.0 72.3 156.5 81.4 67.9 47.1 93.3 53.6 1968. 54.0 74.8 162.8 86.1 76.9 51.0 100.2 53.8 1969. 56.2 77.3 161.9 87.8 77.9 54.4 101.3 55.5 1970. 57.0 79.2 153.8 89.9 74.9 51.8 97.9 58.2 1971. 60.2 81.5 153.1 94.6 81.3 57.2 101.6 59.3 1972. 66.5 84.1 160.9 100.9 94.6 66.7 111.3 59.8 1973. 65.7 87.4 162.0 102.1 90.5 65.0 110.1 59.7 1974. 61.9 89.5 148.9 93.3 92.2 64.0 107.0 57.9 1975. 60.6 89.7 133.4 93.2 84.0 65.8 98.8 61.3 1976. 67.2 89.6 144.1 99.6 95.8 68.2 107.9 62.3 1977. 73.8 90.3 143.8 98.7 100.6 73.4 110.5 66.8 1978. 75.0 90.7 142.6 96.7 96.8 67.9 107.9 69.5 1979. 76.4 90.0 139.6 93.4 94.1 67.4 105.5 72.4 1980. 74.2 89.5 132.9 88.0 88.1 64.5 100.2 74.0 1981. 73.1 89.5 127.7 85.4 86.6 58.1 97.2 75.2 1982. 69.3 88.9 110.3 75.6 77.9 49.7 86.6 79.9 1983. 78.3 88.7 117.4 81.7 89.5 56.7 95.1 82.3 1984. 79.2 90.6 116.8 82.6 90.3 54.8 95.4 83.0 1985. 77.0 90.8 109.9 79.5 87.0 53.2 91.5 84.1 1986. 80.4 90.9 112.8 83.0 88.5 55.6 93.5 85.9 1987. 86.5 91.1 119.1 91.3 95.1 61.2 99.4 87.1 1988. 86.4 91.2 117.4 91.3 88.0 68.5 96.2 89.8 1989. 88.3 91.5 115.5 92.0 90.7 77.9 97.8 90.3 1990. 86.2 92.0 109.3 88.5 88.2 79.2 94.7 91.0 1991. 85.8 92.1 107.6 90.5 86.6 84.2 94.0 91.2 1992. 92.9 92.6 108.5 94.5 91.9 95.2 97.7 95.1 1993. 97.6 93.9 109.8 98.8 97.4 98.3 101.1 96.5 1994. 101.5 96.5 111.4 104.7 101.9 102.3 104.5 97.2 1995. 100.5 98.8 105.7 106.2 99.7 102.7 102.0 98.5 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 100.7 101.8 99.7 95.9 99.0 97.2 99.3 101.4 1998. 99.6 105.6 95.7 94.1 101.5 92.2 98.9 100.7 1999. 96.9 106.9 88.5 91.7 93.7 85.2 92.5 104.7 2000. 95.2 106.2 85.6 90.3 87.9 80.3 88.3 107.8 2001. 85.3 103.5 74.5 81.1 76.3 68.3 77.5 110.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TEXTILE MILL PRODUCTS (SIC 22) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -0.4 5.1 2.5 -2.5 -0.7 2.7 1.5 1.9 1964. 0.9 23.7 4.3 -3.7 0.6 2.6 5.0 4.1 1965. 0.3 15.8 3.6 -1.8 1.5 3.1 4.4 4.1 1966. 0.0 -1.3 5.0 -0.7 6.2 3.4 4.2 4.2 1967. -1.2 -13.0 6.0 0.6 0.3 2.8 0.6 1.8 1968. 3.7 7.1 7.5 -0.9 -0.3 3.6 4.1 0.5 1969. 0.6 1.2 6.8 2.6 0.9 3.9 3.6 3.0 1970. -1.8 1.1 4.6 4.8 1.5 5.2 3.0 4.9 1971. -0.3 -8.9 5.9 10.9 -0.6 5.0 1.5 1.9 1972. 5.6 5.6 8.1 8.9 4.8 5.6 6.4 0.8 1973. 10.7 -8.6 11.6 14.3 16.5 5.0 10.6 -0.1 1974. 15.6 10.0 9.9 41.9 13.6 7.4 12.1 -3.0 1975. -3.5 -9.6 4.3 23.9 1.0 8.0 2.3 6.0 1976. 6.8 12.8 9.8 9.6 6.1 8.9 8.5 1.6 1977. 2.4 26.6 8.2 14.0 7.1 7.9 9.8 7.2 1978. 3.5 4.8 8.6 9.4 7.6 7.6 7.8 4.1 1979. 5.5 -0.6 8.6 14.3 14.0 7.4 9.9 4.2 1980. 9.1 -8.8 10.4 18.8 17.5 8.9 11.5 2.2 1981. 9.5 7.5 9.1 16.7 13.8 8.9 11.3 1.6 1982. 0.7 2.1 9.9 15.0 4.8 6.6 7.0 6.3 1983. 1.7 26.9 4.9 5.4 -0.3 5.7 4.6 2.9 1984. 2.8 -3.7 4.3 4.5 4.8 5.6 3.8 0.9 1985. -0.3 -2.4 3.2 -2.3 0.0 4.3 1.0 1.3 1986. 0.8 22.1 2.9 -7.5 0.4 -0.2 3.0 2.1 1987. 2.1 -0.9 4.8 -1.8 4.0 4.5 3.5 1.4 1988. 4.2 -1.8 4.5 -1.5 13.9 2.0 7.4 3.1 1989. 2.1 -7.2 5.9 3.0 2.8 0.1 2.7 0.6 1990. 2.1 21.4 2.6 -2.0 0.0 2.0 2.9 0.7 1991. 0.8 4.4 2.2 -2.1 -0.3 0.8 1.1 0.3 1992. 0.8 36.1 5.0 0.6 -1.9 1.8 5.0 4.2 1993. -0.2 -9.1 3.8 2.0 2.3 3.6 1.3 1.6 1994. 0.3 -11.5 4.0 0.6 1.5 3.6 0.9 0.6 1995. 3.1 -9.2 3.3 -4.1 10.3 3.1 4.6 1.4 1996. 1.2 12.6 3.7 5.9 -0.6 3.8 2.7 1.5 1997. 0.4 -1.2 2.4 1.8 1.7 4.2 1.8 1.4 1998. -0.3 -4.5 4.3 -6.2 -4.3 3.2 -1.0 -0.7 1999. -2.6 -8.6 5.9 1.8 0.1 2.8 1.3 3.9 2000. -0.1 -21.1 2.8 15.4 7.8 3.5 2.9 3.0 2001. -0.3 5.1 1.9 2.9 0.6 2.4 1.7 2.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 1.5 2.1 5.0 3.7 3.1 4.2 3.8 2.3 1949-1973 0.6 1.8 4.5 1.2 1.5 3.8 2.9 2.3 1973-2001 2.4 2.5 5.4 6.0 4.4 4.6 4.6 2.2 1973-1979 4.9 6.7 8.2 18.4 8.1 7.9 8.3 3.3 1979-1990 3.1 4.3 5.6 4.1 5.4 4.4 5.3 2.1 1990-1995 0.9 0.8 3.6 -0.6 2.3 2.6 2.6 1.6 1995-2000 -0.3 -5.2 3.8 3.5 0.8 3.5 1.5 1.8 2000-2001 -0.3 5.1 1.9 2.9 0.6 2.4 1.7 2.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TEXTILE MILL PRODUCTS (SIC 22) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 43.8 23.7 9.4 17.1 21.8 13.6 15.1 34.4 1953. 45.0 18.1 11.1 18.1 23.3 16.6 16.1 35.8 1954. 43.0 5.9 12.3 17.1 24.2 17.0 16.1 37.4 1955. 43.2 19.9 11.3 16.7 23.8 17.5 16.6 38.4 1956. 43.0 20.2 11.8 17.2 23.3 18.2 16.8 39.1 1957. 42.8 18.6 12.3 17.8 24.0 18.7 17.2 40.2 1958. 41.5 19.7 12.7 17.1 23.0 19.7 17.3 41.7 1959. 42.4 25.1 13.2 16.8 23.2 20.1 18.1 42.8 1960. 43.0 26.5 13.8 17.0 22.6 20.9 18.5 43.1 1961. 41.8 26.2 13.9 16.9 22.9 21.5 18.7 44.6 1962. 42.4 29.1 14.5 16.9 23.4 22.2 19.4 45.7 1963. 42.3 30.6 14.9 16.4 23.2 22.8 19.7 46.6 1964. 42.6 37.9 15.5 15.8 23.4 23.4 20.7 48.5 1965. 42.8 43.8 16.1 15.6 23.7 24.1 21.6 50.5 1966. 42.8 43.3 16.9 15.4 25.2 24.9 22.5 52.6 1967. 42.3 37.7 17.9 15.5 25.3 25.6 22.7 53.6 1968. 43.8 40.3 19.2 15.4 25.2 26.5 23.6 53.8 1969. 44.1 40.8 20.5 15.8 25.4 27.5 24.5 55.5 1970. 43.3 41.2 21.5 16.6 25.8 29.0 25.2 58.2 1971. 43.2 37.6 22.8 18.4 25.7 30.4 25.6 59.3 1972. 45.6 39.6 24.6 20.0 26.9 32.1 27.2 59.8 1973. 50.5 36.2 27.4 22.8 31.3 33.7 30.1 59.7 1974. 58.3 39.9 30.2 32.4 35.6 36.2 33.8 57.9 1975. 56.3 36.0 31.5 40.2 36.0 39.1 34.5 61.3 1976. 60.2 40.6 34.5 44.1 38.1 42.6 37.5 62.3 1977. 61.6 51.4 37.4 50.2 40.8 46.0 41.1 66.8 1978. 63.8 53.9 40.6 54.9 43.9 49.5 44.3 69.5 1979. 67.3 53.6 44.1 62.8 50.1 53.1 48.7 72.4 1980. 73.4 48.9 48.7 74.6 58.9 57.8 54.3 74.0 1981. 80.4 52.5 53.1 87.1 67.0 63.0 60.4 75.2 1982. 80.9 53.7 58.3 100.2 70.2 67.1 64.7 79.9 1983. 82.3 68.1 61.2 105.6 70.0 71.0 67.7 82.3 1984. 84.6 65.6 63.8 110.3 73.4 75.0 70.2 83.0 1985. 84.3 64.0 65.9 107.8 73.4 78.2 70.9 84.1 1986. 85.0 78.1 67.8 99.7 73.7 78.1 73.0 85.9 1987. 86.8 77.4 71.1 97.9 76.6 81.6 75.6 87.1 1988. 90.4 76.0 74.2 96.4 87.3 83.2 81.2 89.8 1989. 92.3 70.5 78.6 99.4 89.7 83.2 83.4 90.3 1990. 94.3 85.5 80.7 97.4 89.7 84.9 85.8 91.0 1991. 95.0 89.3 82.4 95.4 89.5 85.6 86.7 91.2 1992. 95.8 121.6 86.5 96.0 87.8 87.1 91.1 95.1 1993. 95.6 110.6 89.8 97.9 89.9 90.2 92.3 96.5 1994. 95.8 97.8 93.4 98.5 91.2 93.5 93.1 97.2 1995. 98.8 88.8 96.5 94.4 100.7 96.3 97.4 98.5 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 100.4 98.8 102.4 101.8 101.7 104.2 101.8 101.4 1998. 100.0 94.3 106.8 95.5 97.3 107.6 100.7 100.7 1999. 97.4 86.3 113.1 97.2 97.3 110.6 102.0 104.7 2000. 97.3 68.0 116.3 112.1 104.9 114.5 105.0 107.8 2001. 97.0 71.5 118.5 115.4 105.5 117.3 106.7 110.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TEXTILE MILL PRODUCTS (SIC 22) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 3.2 5.4 -0.3 -2.1 2.3 1.9 1964. 7.3 6.2 -2.3 1.8 -1.4 4.1 1965. 5.0 2.1 3.5 5.8 5.7 4.1 1966. 1.3 3.3 0.8 7.3 -0.8 4.2 1967. -3.1 4.9 -7.2 2.6 -10.2 1.8 1968. 4.4 3.8 2.1 -4.7 -0.4 0.5 1969. 0.9 4.7 2.1 2.7 -2.3 3.0 1970. -1.1 6.7 -1.0 5.4 6.4 4.9 1971. 2.7 6.2 0.4 -2.5 -4.2 1.9 1972. 7.1 5.1 3.6 -5.1 -5.4 0.8 1973. -5.0 -1.9 -2.3 3.3 1.5 -0.1 1974. -8.0 2.5 3.0 -7.5 -4.4 -3.0 1975. -2.3 9.3 -1.9 7.5 -4.8 6.0 1976. 11.1 2.7 3.7 -2.8 7.0 1.6 1977. 8.9 10.0 10.8 4.6 2.1 7.2 1978. 1.2 2.5 3.7 5.6 9.8 4.1 1979. 2.7 4.0 5.5 4.8 2.7 4.2 1980. -2.5 1.9 3.0 3.6 1.4 2.2 1981. -1.3 2.6 1.6 0.4 9.5 1.6 1982. -4.6 9.7 7.0 5.2 10.8 6.3 1983. 13.2 6.1 4.6 -1.6 -0.9 2.9 1984. -0.9 1.8 0.1 0.3 4.7 0.9 1985. -3.0 3.3 1.0 1.0 0.1 1.3 1986. 4.3 1.7 0.0 2.6 -0.2 2.1 1987. 7.4 2.0 -2.1 0.2 -2.2 1.4 1988. -0.3 1.3 -0.2 7.9 -10.8 3.1 1989. 1.9 4.0 1.5 -0.8 -10.1 0.6 1990. -3.0 3.1 1.3 0.4 -4.1 0.7 1991. -0.5 1.0 -2.6 1.3 -6.3 0.3 1992. 7.7 7.5 3.7 2.1 -4.2 4.2 1993. 3.7 3.8 0.5 -0.9 1.7 1.6 1994. 1.1 2.5 -1.9 -0.6 -0.1 0.6 1995. -3.2 4.3 -2.4 1.2 -1.3 1.4 1996. -1.7 5.2 5.6 -0.9 2.2 1.5 1997. -1.1 1.0 5.0 1.7 3.6 1.4 1998. -4.6 3.1 0.8 -3.5 4.3 -0.7 1999. -4.0 5.1 -0.3 5.3 5.2 3.9 2000. -1.0 1.7 -0.1 4.9 4.4 3.0 2001. -8.1 3.0 -0.3 3.2 5.3 2.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 1.4 4.0 1.3 1.0 0.4 2.3 1949-1973 2.7 4.3 0.8 0.3 0.0 2.3 1973-2001 0.3 3.8 1.8 1.6 0.8 2.2 1973-1979 2.1 5.1 4.1 1.9 1.9 3.3 1979-1990 0.9 3.4 1.6 1.7 -0.4 2.1 1990-1995 1.7 3.8 -0.5 0.6 -2.1 1.6 1995-2000 -2.5 3.2 2.2 1.4 3.9 1.8 2000-2001 -8.1 3.0 -0.3 3.2 5.3 2.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TEXTILE MILL PRODUCTS (SIC 22) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 60.5 25.8 65.2 63.4 111.8 45.7 1963. 62.5 27.2 64.9 62.1 114.4 46.6 1964. 67.1 28.9 63.4 63.2 112.7 48.5 1965. 70.4 29.5 65.7 66.9 119.2 50.5 1966. 71.3 30.5 66.2 71.8 118.3 52.6 1967. 69.1 32.0 61.4 73.6 106.2 53.6 1968. 72.1 33.2 62.7 70.2 105.8 53.8 1969. 72.7 34.7 64.0 72.1 103.3 55.5 1970. 71.9 37.0 63.4 76.0 110.0 58.2 1971. 73.9 39.3 63.7 74.1 105.4 59.3 1972. 79.1 41.3 65.9 70.3 99.7 59.8 1973. 75.2 40.6 64.4 72.6 101.1 59.7 1974. 69.2 41.6 66.3 67.2 96.7 57.9 1975. 67.6 45.4 65.1 72.2 92.1 61.3 1976. 75.0 46.6 67.5 70.2 98.6 62.3 1977. 81.7 51.3 74.8 73.4 100.6 66.8 1978. 82.7 52.6 77.6 77.5 110.4 69.5 1979. 84.9 54.7 81.8 81.2 113.4 72.4 1980. 82.8 55.8 84.2 84.1 115.0 74.0 1981. 81.7 57.3 85.6 84.5 125.9 75.2 1982. 77.9 62.8 91.6 88.9 139.4 79.9 1983. 88.2 66.7 95.8 87.4 138.1 82.3 1984. 87.4 67.8 95.9 87.7 144.6 83.0 1985. 84.8 70.1 96.9 88.5 144.8 84.1 1986. 88.4 71.2 96.9 90.8 144.5 85.9 1987. 95.0 72.6 94.8 91.0 141.3 87.1 1988. 94.7 73.6 94.6 98.1 126.1 89.8 1989. 96.5 76.5 96.0 97.4 113.4 90.3 1990. 93.6 78.9 97.3 97.7 108.7 91.0 1991. 93.1 79.7 94.8 99.0 101.9 91.2 1992. 100.3 85.7 98.3 101.1 97.6 95.1 1993. 104.0 88.9 98.8 100.3 99.3 96.5 1994. 105.1 91.2 97.0 99.7 99.2 97.2 1995. 101.8 95.1 94.7 100.9 97.9 98.5 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 98.9 101.0 105.0 101.7 103.6 101.4 1998. 94.3 104.1 105.9 98.1 108.0 100.7 1999. 90.6 109.4 105.6 103.3 113.7 104.7 2000. 89.6 111.2 105.5 108.4 118.6 107.8 2001. 82.4 114.5 105.2 111.8 124.9 110.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TEXTILE MILL PRODUCTS (SIC 22) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 6.978 1.047 3.271 0.198 2.279 0.183 1953. 8.495 0.824 3.853 0.234 3.287 0.297 1954. 7.480 0.264 3.808 0.200 2.930 0.278 1955. 8.461 0.889 3.670 0.217 3.355 0.329 1956. 8.421 0.908 3.716 0.224 3.232 0.342 1957. 8.165 0.820 3.633 0.218 3.142 0.353 1958. 7.790 0.837 3.490 0.208 2.898 0.358 1959. 8.794 1.047 3.875 0.216 3.301 0.355 1960. 8.675 1.093 3.894 0.216 3.113 0.358 1961. 8.774 1.070 3.823 0.216 3.310 0.355 1962. 9.566 1.189 4.075 0.224 3.700 0.379 1963. 9.890 1.256 4.115 0.228 3.896 0.395 1964. 10.760 1.561 4.359 0.242 4.154 0.443 1965. 11.656 1.858 4.780 0.248 4.302 0.467 1966. 12.572 1.953 5.241 0.263 4.590 0.525 1967. 12.680 1.790 5.405 0.292 4.581 0.613 1968. 14.189 1.982 6.042 0.305 5.172 0.688 1969. 14.867 2.071 6.421 0.320 5.293 0.762 1970. 14.800 2.146 6.384 0.343 5.164 0.764 1971. 15.591 2.011 6.728 0.401 5.566 0.885 1972. 18.185 2.190 7.645 0.465 6.794 1.091 1973. 19.896 2.081 8.588 0.537 7.574 1.115 1974. 21.661 2.344 8.676 0.697 8.763 1.180 1975. 20.468 2.124 8.109 0.863 8.062 1.310 1976. 24.242 2.391 9.610 1.011 9.751 1.478 1977. 27.261 3.052 10.382 1.143 10.968 1.716 1978. 28.682 3.212 11.180 1.224 11.356 1.710 1979. 30.828 3.169 11.894 1.352 12.591 1.821 1980. 32.638 2.875 12.500 1.514 13.852 1.898 1981. 35.246 3.089 13.102 1.715 15.478 1.862 1982. 33.613 3.133 12.426 1.746 14.611 1.698 1983. 38.620 3.969 13.881 1.987 16.736 2.047 1984. 40.190 3.905 14.398 2.101 17.697 2.089 1985. 38.931 3.818 13.983 1.974 17.040 2.117 1986. 40.975 4.668 14.777 1.906 17.415 2.209 1987. 45.052 4.633 16.350 2.059 19.468 2.542 1988. 46.830 4.553 16.831 2.029 20.518 2.899 1989. 48.895 4.238 17.526 2.106 21.725 3.300 1990. 48.726 5.172 17.023 1.987 21.121 3.423 1991. 48.884 5.406 17.134 1.989 20.690 3.664 1992. 53.383 7.402 18.131 2.091 21.541 4.219 1993. 55.964 6.819 19.041 2.229 23.364 4.512 1994. 58.342 6.205 20.088 2.375 24.808 4.866 1995. 59.593 5.765 19.701 2.310 26.782 5.035 1996. 59.979 6.572 19.316 2.305 26.697 5.089 1997. 60.601 6.605 19.713 2.248 26.879 5.155 1998. 59.763 6.548 19.739 2.070 26.358 5.049 1999. 56.602 6.061 19.337 2.054 24.354 4.796 2000. 55.599 4.748 19.231 2.332 24.611 4.676 2001. 49.627 4.865 17.042 2.156 21.490 4.074 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TEXTILE MILL PRODUCTS (SIC 22) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.150 0.469 0.028 0.327 0.026 1952. 0.117 0.436 0.026 0.389 0.032 1953. 0.097 0.454 0.027 0.387 0.035 1954. 0.035 0.509 0.027 0.392 0.037 1955. 0.105 0.434 0.026 0.397 0.039 1956. 0.108 0.441 0.027 0.384 0.041 1957. 0.100 0.445 0.027 0.385 0.043 1958. 0.107 0.448 0.027 0.372 0.046 1959. 0.119 0.441 0.025 0.375 0.040 1960. 0.126 0.449 0.025 0.359 0.041 1961. 0.122 0.436 0.025 0.377 0.040 1962. 0.124 0.426 0.023 0.387 0.040 1963. 0.127 0.416 0.023 0.394 0.040 1964. 0.145 0.405 0.022 0.386 0.041 1965. 0.159 0.410 0.021 0.369 0.040 1966. 0.155 0.417 0.021 0.365 0.042 1967. 0.141 0.426 0.023 0.361 0.048 1968. 0.140 0.426 0.022 0.364 0.049 1969. 0.139 0.432 0.022 0.356 0.051 1970. 0.145 0.431 0.023 0.349 0.052 1971. 0.129 0.432 0.026 0.357 0.057 1972. 0.120 0.420 0.026 0.374 0.060 1973. 0.105 0.432 0.027 0.381 0.056 1974. 0.108 0.401 0.032 0.405 0.054 1975. 0.104 0.396 0.042 0.394 0.064 1976. 0.099 0.396 0.042 0.402 0.061 1977. 0.112 0.381 0.042 0.402 0.063 1978. 0.112 0.390 0.043 0.396 0.060 1979. 0.103 0.386 0.044 0.408 0.059 1980. 0.088 0.383 0.046 0.424 0.058 1981. 0.088 0.372 0.049 0.439 0.053 1982. 0.093 0.370 0.052 0.435 0.051 1983. 0.103 0.359 0.051 0.433 0.053 1984. 0.097 0.358 0.052 0.440 0.052 1985. 0.098 0.359 0.051 0.438 0.054 1986. 0.114 0.361 0.047 0.425 0.054 1987. 0.103 0.363 0.046 0.432 0.056 1988. 0.097 0.359 0.043 0.438 0.062 1989. 0.087 0.358 0.043 0.444 0.067 1990. 0.106 0.349 0.041 0.433 0.070 1991. 0.111 0.351 0.041 0.423 0.075 1992. 0.139 0.340 0.039 0.404 0.079 1993. 0.122 0.340 0.040 0.417 0.081 1994. 0.106 0.344 0.041 0.425 0.083 1995. 0.097 0.331 0.039 0.449 0.084 1996. 0.110 0.322 0.038 0.445 0.085 1997. 0.109 0.325 0.037 0.444 0.085 1998. 0.110 0.330 0.035 0.441 0.084 1999. 0.107 0.342 0.036 0.430 0.085 2000. 0.085 0.346 0.042 0.443 0.084 2001. 0.098 0.343 0.043 0.433 0.082 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: APPAREL AND RELATED PRODUCTS (SIC 23) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 4.9 9.4 1.2 11.5 6.0 9.9 4.6 0.3 1964. 3.1 6.1 0.7 27.1 1.0 5.8 1.5 1.6 1965. 4.8 7.1 5.9 2.5 3.2 -4.4 4.0 0.8 1966. 3.7 12.2 3.4 16.9 2.7 4.4 3.7 0.1 1967. 4.4 7.0 -2.1 26.0 3.3 17.8 2.3 2.0 1968. 3.0 5.7 0.0 35.3 2.7 1.1 1.9 1.1 1969. 3.1 7.6 -0.6 -8.1 6.6 7.3 3.7 -0.5 1970. -5.5 4.6 -5.5 4.0 -5.1 -4.9 -4.6 -0.9 1971. 4.9 6.1 -0.4 -2.4 7.5 11.7 4.3 0.5 1972. 8.9 5.3 4.6 6.0 10.0 2.1 6.9 1.9 1973. 3.1 8.1 3.1 -4.8 1.2 3.2 2.5 0.6 1974. -7.3 -0.8 -7.1 0.1 -11.5 -2.6 -8.6 1.4 1975. 1.9 2.2 -8.8 2.5 3.3 6.1 -1.3 3.3 1976. 6.4 6.0 7.8 1.7 6.9 -6.6 6.0 0.3 1977. 8.6 2.0 -0.4 0.8 12.3 11.1 6.5 2.0 1978. 2.7 5.0 1.1 4.8 -2.2 -0.6 -0.2 2.9 1979. -5.7 2.3 -2.6 -11.8 -10.8 -12.8 -6.9 1.3 1980. -0.8 -0.2 -2.8 0.1 -1.0 -2.0 -1.7 0.9 1981. 0.4 1.3 -0.9 -0.8 1.6 -12.2 -0.4 0.8 1982. 1.3 0.4 -9.6 -4.5 10.9 -11.4 0.4 0.9 1983. 6.0 -0.2 4.2 -1.2 5.1 3.5 4.1 1.9 1984. 4.6 7.7 4.3 9.9 4.4 -1.4 4.4 0.2 1985. -0.8 1.8 -7.7 -11.2 0.6 6.2 -2.2 1.5 1986. 2.7 2.3 -0.5 6.6 2.7 3.8 1.6 1.0 1987. 2.7 0.2 1.4 4.0 2.5 -2.5 1.6 1.1 1988. -1.3 1.9 -1.5 0.8 -4.7 25.5 -1.2 -0.1 1989. -4.9 -1.9 0.0 -12.6 -9.4 19.5 -3.4 -1.5 1990. -0.9 0.7 -4.4 -1.1 -1.5 23.6 -0.4 -0.5 1991. -0.8 -1.1 -1.5 2.2 -0.1 20.1 1.1 -1.9 1992. 8.3 3.6 0.6 56.4 10.9 30.2 8.8 -0.5 1993. 3.0 4.1 -1.6 10.8 3.4 4.1 1.9 1.1 1994. 4.8 3.3 -0.7 -2.3 2.9 3.8 1.8 2.9 1995. 0.8 4.2 -5.1 6.7 -1.6 2.9 -1.6 2.4 1996. -1.5 -2.1 -6.0 -9.4 -2.0 -2.0 -3.3 1.9 1997. 7.0 -0.9 -5.9 -16.0 10.6 8.1 4.0 2.9 1998. -3.7 7.0 -6.5 -3.5 -4.4 -6.7 -4.4 0.7 1999. 1.1 2.5 -8.3 0.8 3.6 0.8 -0.2 1.4 2000. -2.0 2.2 -10.5 -2.0 -3.1 -7.9 -5.3 3.5 2001. -9.3 -0.7 -11.2 -8.2 -12.9 -14.0 -11.6 2.5 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 1.7 2.9 -1.3 2.6 1.4 2.5 0.7 1.0 1949-1973 2.8 4.2 0.8 5.5 2.7 2.6 2.0 0.7 1973-2001 0.7 1.9 -3.1 0.2 0.4 2.5 -0.5 1.2 1973-1979 0.9 2.8 -1.8 -0.5 -0.7 -1.2 -0.9 1.9 1979-1990 0.8 1.3 -1.7 -1.1 0.9 4.1 0.2 0.6 1990-1995 3.2 2.8 -1.7 13.0 3.0 11.7 2.3 0.8 1995-2000 0.1 1.7 -7.4 -6.2 0.8 -1.7 -1.9 2.1 2000-2001 -9.3 -0.7 -11.2 -8.2 -12.9 -14.0 -11.6 2.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: APPAREL AND RELATED PRODUCTS (SIC 23) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 39.2 24.5 129.5 19.1 44.2 21.8 58.6 66.9 1953. 43.2 26.6 139.4 35.9 43.8 23.6 60.1 71.8 1954. 42.5 26.0 129.8 21.5 45.8 23.1 59.8 71.2 1955. 46.1 27.3 136.8 23.0 50.0 25.1 64.3 71.7 1956. 47.8 28.1 136.3 24.8 52.8 26.2 66.5 71.9 1957. 48.5 28.2 133.7 23.2 53.9 26.9 66.9 72.5 1958. 46.1 27.5 127.6 28.6 50.2 25.0 63.0 73.1 1959. 49.6 27.8 137.3 25.8 54.3 24.6 67.5 73.6 1960. 50.4 28.7 135.6 23.7 55.6 25.0 68.1 73.9 1961. 49.1 28.9 133.3 21.2 54.7 24.4 67.0 73.3 1962. 52.1 30.6 141.3 25.6 57.3 24.6 70.5 73.9 1963. 54.6 33.5 143.0 28.5 60.7 27.0 73.7 74.1 1964. 56.3 35.6 144.0 36.2 61.3 28.5 74.8 75.3 1965. 59.0 38.1 152.5 37.1 63.3 27.3 77.8 75.9 1966. 61.2 42.8 157.7 43.4 65.0 28.5 80.6 75.9 1967. 63.9 45.8 154.3 54.7 67.1 33.6 82.5 77.4 1968. 65.8 48.4 154.4 74.0 68.9 33.9 84.1 78.3 1969. 67.9 52.1 153.5 68.0 73.4 36.4 87.1 77.9 1970. 64.2 54.5 145.1 70.8 69.7 34.6 83.1 77.2 1971. 67.3 57.8 144.4 69.1 74.9 38.7 86.7 77.6 1972. 73.3 60.9 151.0 73.2 82.4 39.5 92.7 79.1 1973. 75.6 65.8 155.8 69.7 83.3 40.8 95.0 79.6 1974. 70.0 65.3 144.7 69.8 73.8 39.7 86.8 80.6 1975. 71.4 66.8 131.9 71.5 76.2 42.1 85.7 83.3 1976. 75.9 70.8 142.3 72.7 81.4 39.4 90.9 83.5 1977. 82.4 72.2 141.7 73.3 91.4 43.7 96.8 85.2 1978. 84.6 75.8 143.3 76.8 89.4 43.4 96.5 87.7 1979. 79.8 77.5 139.6 67.8 79.8 37.9 89.9 88.8 1980. 79.2 77.3 135.7 67.9 78.9 37.1 88.3 89.6 1981. 79.5 78.3 134.4 67.3 80.2 32.6 88.0 90.3 1982. 80.5 78.7 121.5 64.3 88.9 28.9 88.3 91.2 1983. 85.4 78.5 126.6 63.5 93.4 29.9 91.9 92.9 1984. 89.3 84.5 132.1 69.8 97.5 29.5 96.0 93.0 1985. 88.6 86.1 121.9 62.0 98.2 31.3 93.8 94.4 1986. 91.0 88.1 121.3 66.1 100.9 32.5 95.4 95.4 1987. 93.5 88.3 123.0 68.7 103.4 31.6 96.9 96.5 1988. 92.3 89.9 121.1 69.2 98.6 39.7 95.8 96.3 1989. 87.7 88.3 121.2 60.5 89.3 47.5 92.5 94.9 1990. 87.0 88.9 115.8 59.8 88.0 58.7 92.1 94.4 1991. 86.2 87.9 114.1 61.1 87.9 70.5 93.1 92.6 1992. 93.4 91.1 114.8 95.6 97.4 91.8 101.3 92.1 1993. 96.2 94.9 112.9 105.9 100.7 95.6 103.3 93.1 1994. 100.8 98.0 112.1 103.4 103.7 99.2 105.2 95.8 1995. 101.6 102.1 106.3 110.4 102.0 102.1 103.4 98.2 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 107.0 99.1 94.1 84.0 110.6 108.1 104.0 102.9 1998. 103.0 106.1 88.0 81.0 105.8 100.9 99.4 103.6 1999. 104.2 108.8 80.7 81.7 109.6 101.6 99.2 105.0 2000. 102.1 111.2 72.2 80.1 106.2 93.6 93.9 108.7 2001. 92.6 110.5 64.1 73.5 92.5 80.6 83.1 111.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: APPAREL AND RELATED PRODUCTS (SIC 23) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 0.7 -0.1 4.5 -5.0 -1.5 2.9 1.0 0.3 1964. 0.9 -6.0 4.0 -15.2 2.4 2.2 2.5 1.6 1965. 1.0 20.6 0.0 -1.0 1.3 2.6 1.9 0.8 1966. 1.3 3.3 3.4 -9.2 -0.5 2.8 1.3 0.1 1967. 1.6 -4.3 10.0 9.4 0.0 2.8 3.7 2.0 1968. 3.6 -2.5 9.5 -11.4 2.3 3.5 4.7 1.1 1969. 3.6 -2.4 7.4 8.0 0.0 3.5 3.0 -0.5 1970. 2.6 4.9 5.2 7.1 -2.2 5.0 1.7 -0.9 1971. 1.3 -10.9 5.3 5.4 0.1 5.1 1.8 0.5 1972. 2.8 31.9 1.3 -2.6 4.2 5.5 4.7 1.9 1973. 5.0 -25.9 6.9 9.4 10.0 4.5 5.6 0.6 1974. 10.7 -6.8 11.0 20.1 16.2 6.9 12.2 1.4 1975. 1.7 50.2 5.9 12.7 -0.8 7.1 5.1 3.3 1976. 5.7 -13.6 8.8 14.8 6.7 7.6 6.1 0.3 1977. 7.0 53.3 9.3 20.7 3.6 8.1 9.1 2.0 1978. 3.5 -2.6 9.9 17.3 5.3 7.5 6.5 2.9 1979. 5.4 -3.3 7.5 14.0 7.9 6.8 6.8 1.3 1980. 7.3 0.4 8.6 19.3 9.0 8.7 8.3 0.9 1981. 8.4 13.4 9.2 14.8 8.4 9.2 9.2 0.8 1982. 4.4 12.7 9.8 16.5 0.4 7.5 5.4 0.9 1983. 1.4 20.8 1.7 8.9 1.2 5.8 3.3 1.9 1984. 2.0 -17.8 6.0 -4.3 3.2 5.9 2.2 0.2 1985. 1.0 1.4 5.7 4.4 0.1 4.7 2.5 1.5 1986. 1.2 13.5 2.7 -6.2 0.4 1.5 2.3 1.0 1987. 1.2 -3.9 3.8 -4.3 2.3 4.0 2.3 1.1 1988. 3.0 3.8 2.6 1.8 4.0 -4.4 2.9 -0.1 1989. 2.5 9.2 -0.1 -2.1 1.7 -7.5 1.0 -1.5 1990. 2.7 -0.2 4.8 -0.5 2.1 -5.1 2.2 -0.5 1991. 2.3 4.5 1.5 -3.5 0.2 -6.2 0.4 -1.9 1992. 1.8 4.1 4.3 6.8 -0.1 -5.1 1.3 -0.5 1993. 0.9 -4.3 2.7 -1.0 2.9 1.6 2.0 1.1 1994. 0.3 4.4 3.3 -0.2 3.1 3.3 3.3 2.9 1995. 0.7 -16.3 5.3 -0.7 6.1 2.0 3.1 2.4 1996. 1.5 11.4 1.4 10.6 3.2 3.1 3.4 1.9 1997. 0.9 2.4 6.1 -1.7 3.0 3.2 3.8 2.9 1998. 0.7 -7.7 3.7 -6.7 1.5 3.0 1.4 0.7 1999. 0.3 -7.2 6.2 4.0 0.4 2.8 1.6 1.4 2000. 0.4 5.6 5.1 13.9 3.0 3.2 3.9 3.5 2001. -0.4 -3.4 2.6 1.9 2.8 2.6 2.2 2.5 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.0 2.1 4.7 3.0 2.0 3.2 3.0 1.0 1949-1973 1.2 0.7 4.1 -0.2 0.4 3.5 1.9 0.7 1973-2001 2.8 3.4 5.3 5.8 3.4 3.0 4.0 1.2 1973-1979 5.6 9.8 8.7 16.6 6.4 7.3 7.6 1.9 1979-1990 3.2 4.3 4.9 4.0 2.9 2.6 3.7 0.6 1990-1995 1.2 -1.9 3.4 0.2 2.4 -1.0 2.0 0.8 1995-2000 0.8 0.6 4.5 3.7 2.2 3.1 2.8 2.1 2000-2001 -0.4 -3.4 2.6 1.9 2.8 2.6 2.2 2.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: APPAREL AND RELATED PRODUCTS (SIC 23) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 35.9 30.0 11.5 24.3 39.6 22.0 24.0 66.9 1953. 36.2 27.5 13.6 22.4 40.5 26.2 26.0 71.8 1954. 36.0 24.2 14.0 21.6 39.1 26.8 25.6 71.2 1955. 36.0 27.7 13.9 23.4 39.3 27.4 25.8 71.7 1956. 36.6 29.1 14.8 23.7 38.8 28.4 26.3 71.9 1957. 36.5 24.5 15.4 25.9 38.6 29.1 26.5 72.5 1958. 36.3 31.0 15.7 21.8 37.6 30.3 26.6 73.1 1959. 36.6 30.8 16.0 23.4 37.9 30.9 26.9 73.6 1960. 37.0 33.6 16.5 24.2 37.9 32.1 27.4 73.9 1961. 37.0 36.6 16.7 25.4 36.6 32.9 27.1 73.3 1962. 37.2 36.4 17.1 25.4 37.0 33.8 27.5 73.9 1963. 37.5 36.4 17.8 24.1 36.4 34.8 27.8 74.1 1964. 37.8 34.2 18.6 20.4 37.3 35.5 28.5 75.3 1965. 38.2 41.2 18.5 20.2 37.8 36.5 29.0 75.9 1966. 38.7 42.6 19.2 18.4 37.6 37.5 29.4 75.9 1967. 39.4 40.8 21.1 20.1 37.6 38.5 30.5 77.4 1968. 40.8 39.7 23.1 17.8 38.5 39.9 31.9 78.3 1969. 42.2 38.8 24.8 19.2 38.5 41.2 32.9 77.9 1970. 43.3 40.7 26.1 20.6 37.6 43.3 33.5 77.2 1971. 43.9 36.3 27.5 21.7 37.7 45.5 34.1 77.6 1972. 45.1 47.8 27.8 21.2 39.2 48.0 35.7 79.1 1973. 47.4 35.5 29.8 23.1 43.2 50.2 37.7 79.6 1974. 52.4 33.0 33.0 27.8 50.2 53.7 42.3 80.6 1975. 53.3 49.6 35.0 31.3 49.8 57.5 44.4 83.3 1976. 56.4 42.9 38.1 35.9 53.1 61.8 47.1 83.5 1977. 60.3 65.8 41.6 43.4 55.0 66.8 51.4 85.2 1978. 62.5 64.1 45.7 50.9 57.9 71.9 54.8 87.7 1979. 65.8 62.0 49.1 58.0 62.5 76.8 58.5 88.8 1980. 70.6 62.2 53.4 69.2 68.1 83.5 63.3 89.6 1981. 76.5 70.5 58.3 79.4 73.9 91.2 69.1 90.3 1982. 79.9 79.5 64.0 92.5 74.1 98.0 72.9 91.2 1983. 81.1 96.0 65.0 100.7 75.0 103.6 75.3 92.9 1984. 82.7 78.9 68.9 96.4 77.4 109.8 77.0 93.0 1985. 83.5 80.0 72.9 100.6 77.5 114.9 78.9 94.4 1986. 84.5 90.8 74.8 94.3 77.8 116.7 80.7 95.4 1987. 85.6 87.2 77.6 90.3 79.5 121.3 82.5 96.5 1988. 88.1 90.5 79.7 91.9 82.7 116.0 84.9 96.3 1989. 90.4 98.9 79.6 90.0 84.2 107.3 85.7 94.9 1990. 92.8 98.7 83.4 89.5 85.9 101.8 87.6 94.4 1991. 94.9 103.2 84.7 86.4 86.1 95.5 87.9 92.6 1992. 96.7 107.4 88.3 92.3 86.0 90.6 89.1 92.1 1993. 97.5 102.8 90.7 91.4 88.5 92.0 90.8 93.1 1994. 97.8 107.3 93.7 91.1 91.3 95.1 93.8 95.8 1995. 98.5 89.8 98.6 90.5 96.9 97.0 96.7 98.2 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 100.9 102.4 106.1 98.3 103.0 103.2 103.8 102.9 1998. 101.7 94.5 110.1 91.7 104.6 106.3 105.3 103.6 1999. 101.9 87.7 116.8 95.4 105.0 109.3 107.1 105.0 2000. 102.3 92.6 122.8 108.6 108.2 112.9 111.2 108.7 2001. 101.9 89.4 125.9 110.7 111.2 115.8 113.6 111.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: APPAREL AND RELATED PRODUCTS (SIC 23) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. -4.1 3.7 -5.9 -1.0 -4.5 0.3 1964. -2.9 2.4 -18.9 2.1 -2.5 1.6 1965. -2.2 -1.0 2.2 1.5 9.6 0.8 1966. -7.5 0.3 -11.3 1.0 -0.6 0.1 1967. -2.5 6.6 -17.2 1.0 -11.4 2.0 1968. -2.5 3.0 -23.9 0.4 2.0 1.1 1969. -4.1 3.7 12.2 -3.2 -3.9 -0.5 1970. -9.6 0.0 -9.1 -0.4 -0.6 -0.9 1971. -1.2 5.3 7.5 -2.4 -6.1 0.5 1972. 3.4 4.2 2.8 -1.0 6.6 1.9 1973. -4.7 -0.1 8.3 1.9 -0.1 0.6 1974. -6.6 -0.2 -7.4 4.7 -4.8 1.4 1975. -0.4 11.7 -0.6 -1.3 -4.0 3.3 1976. 0.4 -1.3 4.7 -0.4 13.8 0.3 1977. 6.4 9.1 7.7 -3.3 -2.3 2.0 1978. -2.2 1.6 -2.0 5.0 3.3 2.9 1979. -7.8 -3.2 6.9 5.7 8.2 1.3 1980. -0.6 2.0 -1.0 0.2 1.2 0.9 1981. -0.9 1.3 1.2 -1.2 14.3 0.8 1982. 0.9 12.1 6.1 -8.6 14.4 0.9 1983. 6.3 1.8 7.4 0.9 2.5 1.9 1984. -2.9 0.3 -4.8 0.2 6.1 0.2 1985. -2.6 7.5 11.7 -1.4 -6.6 1.5 1986. 0.4 3.2 -3.6 0.0 -1.0 1.0 1987. 2.5 1.3 -1.2 0.2 5.4 1.1 1988. -3.2 0.2 -2.1 3.5 -21.4 -0.1 1989. -3.1 -4.9 8.8 5.0 -20.4 -1.5 1990. -1.6 3.7 0.3 0.6 -19.8 -0.5 1991. 0.3 0.7 -2.9 -0.7 -17.4 -1.9 1992. 4.5 7.6 -30.8 -2.4 -16.9 -0.5 1993. -1.1 4.7 -7.0 -0.3 -1.1 1.1 1994. 1.4 5.5 7.3 1.8 0.9 2.9 1995. -3.3 6.2 -5.6 2.4 -2.1 2.4 1996. 0.5 4.7 8.7 0.4 0.5 1.9 1997. 8.0 13.7 27.4 -3.3 -1.0 2.9 1998. -10.1 3.0 -0.2 0.7 3.2 0.7 1999. -1.4 10.3 0.3 -2.4 0.4 1.4 2000. -4.1 9.6 0.0 1.1 6.4 3.5 2001. -8.7 2.1 -1.2 4.2 5.4 2.5 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -1.2 3.0 -0.9 0.2 -0.9 1.0 1949-1973 -1.4 2.0 -2.6 0.1 0.1 0.7 1973-2001 -1.1 4.0 0.5 0.4 -1.7 1.2 1973-1979 -1.8 2.8 1.4 1.7 2.2 1.9 1979-1990 -0.5 2.5 1.9 -0.1 -3.2 0.6 1990-1995 0.3 4.9 -8.7 0.2 -7.7 0.8 1995-2000 -1.6 8.2 6.8 -0.7 1.8 2.1 2000-2001 -8.7 2.1 -1.2 4.2 5.4 2.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: APPAREL AND RELATED PRODUCTS (SIC 23) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 169.9 36.8 203.6 90.8 212.0 73.9 1963. 162.9 38.2 191.7 89.9 202.4 74.1 1964. 158.2 39.1 155.4 91.8 197.3 75.3 1965. 154.8 38.7 158.9 93.2 216.2 75.9 1966. 143.1 38.8 141.0 94.2 214.8 75.9 1967. 139.6 41.4 116.8 95.2 190.3 77.4 1968. 136.0 42.6 88.9 95.5 194.0 78.3 1969. 130.4 44.2 99.8 92.4 186.5 77.9 1970. 117.8 44.2 90.6 92.1 185.4 77.2 1971. 116.4 46.6 97.4 89.9 174.0 77.6 1972. 120.4 48.5 100.2 89.0 185.6 79.1 1973. 114.8 48.5 108.4 90.7 185.4 79.6 1974. 107.2 48.4 100.4 94.9 176.5 80.6 1975. 106.9 54.1 99.8 93.7 169.4 83.3 1976. 107.3 53.4 104.4 93.3 192.9 83.5 1977. 114.2 58.2 112.5 90.2 188.5 85.2 1978. 111.7 59.1 110.2 94.7 194.8 87.7 1979. 103.0 57.2 117.8 100.1 210.8 88.8 1980. 102.4 58.4 116.7 100.3 213.3 89.6 1981. 101.5 59.1 118.1 99.1 243.9 90.3 1982. 102.3 66.3 125.2 90.5 279.0 91.2 1983. 108.8 67.4 134.5 91.4 285.8 92.9 1984. 105.6 67.6 128.0 91.6 303.2 93.0 1985. 102.9 72.7 143.0 90.3 283.1 94.4 1986. 103.3 75.0 137.8 90.2 280.3 95.4 1987. 105.9 76.0 136.1 90.4 295.4 96.5 1988. 102.6 76.2 133.3 93.6 232.4 96.3 1989. 99.4 72.4 145.0 98.2 184.9 94.9 1990. 97.8 75.1 145.3 98.8 148.2 94.4 1991. 98.1 75.6 141.1 98.1 122.4 92.6 1992. 102.5 81.4 97.7 95.8 101.7 92.1 1993. 101.4 85.2 90.8 95.5 100.7 93.1 1994. 102.9 89.9 97.4 97.2 101.6 95.8 1995. 99.5 95.5 92.0 99.6 99.5 98.2 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 108.0 113.7 127.4 96.7 99.0 102.9 1998. 97.1 117.1 127.1 97.4 102.1 103.6 1999. 95.8 129.1 127.5 95.0 102.5 105.0 2000. 91.8 141.4 127.5 96.1 109.0 108.7 2001. 83.8 144.4 126.0 100.1 114.9 111.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: APPAREL AND RELATED PRODUCTS (SIC 23) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 10.067 0.453 3.196 0.043 5.942 0.433 1953. 11.198 0.450 4.094 0.076 6.021 0.558 1954. 10.976 0.389 3.912 0.044 6.073 0.559 1955. 11.891 0.467 4.089 0.051 6.665 0.620 1956. 12.529 0.506 4.342 0.055 6.957 0.669 1957. 12.673 0.426 4.423 0.057 7.063 0.705 1958. 11.988 0.526 4.314 0.059 6.407 0.682 1959. 13.011 0.527 4.738 0.057 7.005 0.685 1960. 13.352 0.595 4.824 0.054 7.153 0.726 1961. 13.021 0.651 4.802 0.051 6.795 0.723 1962. 13.886 0.688 5.191 0.061 7.198 0.749 1963. 14.667 0.752 5.489 0.065 7.515 0.847 1964. 15.257 0.750 5.750 0.070 7.773 0.915 1965. 16.156 0.969 6.088 0.071 8.131 0.897 1966. 16.977 1.123 6.511 0.075 8.305 0.963 1967. 18.010 1.150 7.014 0.103 8.576 1.166 1968. 19.218 1.186 7.682 0.124 9.007 1.220 1969. 20.523 1.244 8.205 0.123 9.597 1.354 1970. 19.911 1.365 8.153 0.137 8.905 1.351 1971. 21.149 1.292 8.550 0.141 9.579 1.587 1972. 23.679 1.795 9.055 0.145 10.974 1.710 1973. 25.633 1.438 9.981 0.151 12.217 1.845 1974. 26.290 1.329 10.290 0.182 12.567 1.921 1975. 27.252 2.042 9.937 0.210 12.879 2.184 1976. 30.648 1.870 11.659 0.245 14.679 2.195 1977. 35.621 2.925 12.688 0.299 17.073 2.635 1978. 37.859 2.992 14.096 0.367 17.587 2.817 1979. 37.649 2.960 14.762 0.369 16.936 2.623 1980. 40.057 2.966 15.582 0.441 18.273 2.795 1981. 43.571 3.405 16.861 0.502 20.123 2.679 1982. 46.081 3.853 16.725 0.559 22.395 2.550 1983. 49.558 4.641 17.719 0.601 23.805 2.792 1984. 52.899 4.109 19.601 0.632 25.641 2.916 1985. 53.010 4.245 19.110 0.586 25.826 3.244 1986. 55.098 4.928 19.527 0.585 26.640 3.417 1987. 57.282 4.745 20.552 0.583 27.939 3.463 1988. 58.245 5.018 20.768 0.598 27.706 4.155 1989. 56.776 5.378 20.756 0.512 25.536 4.595 1990. 57.773 5.407 20.792 0.503 25.682 5.388 1991. 58.641 5.590 20.786 0.496 25.701 6.068 1992. 64.634 6.029 21.808 0.829 28.469 7.500 1993. 67.177 6.011 22.031 0.909 30.294 7.932 1994. 70.626 6.481 22.592 0.886 32.157 8.510 1995. 71.655 5.650 22.565 0.938 33.569 8.933 1996. 71.616 6.163 21.525 0.939 33.970 9.020 1997. 77.320 6.252 21.499 0.776 38.725 10.069 1998. 74.980 6.177 20.845 0.698 37.587 9.673 1999. 76.047 5.879 20.299 0.732 39.111 10.026 2000. 74.809 6.347 19.079 0.817 39.030 9.536 2001. 67.592 6.089 17.374 0.764 34.947 8.417 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: APPAREL AND RELATED PRODUCTS (SIC 23) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.045 0.317 0.004 0.590 0.043 1952. 0.048 0.344 0.006 0.555 0.047 1953. 0.040 0.366 0.007 0.538 0.050 1954. 0.035 0.356 0.004 0.553 0.051 1955. 0.039 0.344 0.004 0.561 0.052 1956. 0.040 0.347 0.004 0.555 0.053 1957. 0.034 0.349 0.004 0.557 0.056 1958. 0.044 0.360 0.005 0.534 0.057 1959. 0.040 0.364 0.004 0.538 0.053 1960. 0.045 0.361 0.004 0.536 0.054 1961. 0.050 0.369 0.004 0.522 0.055 1962. 0.050 0.374 0.004 0.518 0.054 1963. 0.051 0.374 0.004 0.512 0.058 1964. 0.049 0.377 0.005 0.509 0.060 1965. 0.060 0.377 0.004 0.503 0.056 1966. 0.066 0.384 0.004 0.489 0.057 1967. 0.064 0.389 0.006 0.476 0.065 1968. 0.062 0.400 0.006 0.469 0.063 1969. 0.061 0.400 0.006 0.468 0.066 1970. 0.069 0.409 0.007 0.447 0.068 1971. 0.061 0.404 0.007 0.453 0.075 1972. 0.076 0.382 0.006 0.463 0.072 1973. 0.056 0.389 0.006 0.477 0.072 1974. 0.051 0.391 0.007 0.478 0.073 1975. 0.075 0.365 0.008 0.473 0.080 1976. 0.061 0.380 0.008 0.479 0.072 1977. 0.082 0.356 0.008 0.479 0.074 1978. 0.079 0.372 0.010 0.465 0.074 1979. 0.079 0.392 0.010 0.450 0.070 1980. 0.074 0.389 0.011 0.456 0.070 1981. 0.078 0.387 0.012 0.462 0.061 1982. 0.084 0.363 0.012 0.486 0.055 1983. 0.094 0.358 0.012 0.480 0.056 1984. 0.078 0.371 0.012 0.485 0.055 1985. 0.080 0.361 0.011 0.487 0.061 1986. 0.089 0.354 0.011 0.484 0.062 1987. 0.083 0.359 0.010 0.488 0.060 1988. 0.086 0.357 0.010 0.476 0.071 1989. 0.095 0.366 0.009 0.450 0.081 1990. 0.094 0.360 0.009 0.445 0.093 1991. 0.095 0.354 0.008 0.438 0.103 1992. 0.093 0.337 0.013 0.440 0.116 1993. 0.089 0.328 0.014 0.451 0.118 1994. 0.092 0.320 0.013 0.455 0.120 1995. 0.079 0.315 0.013 0.468 0.125 1996. 0.086 0.301 0.013 0.474 0.126 1997. 0.081 0.278 0.010 0.501 0.130 1998. 0.082 0.278 0.009 0.501 0.129 1999. 0.077 0.267 0.010 0.514 0.132 2000. 0.085 0.255 0.011 0.522 0.127 2001. 0.090 0.257 0.011 0.517 0.125 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: PAPER AND ALLIED PRODUCTS (SIC 26) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 6.0 3.0 1.0 3.8 3.2 10.7 2.7 3.3 1964. 5.7 3.3 1.3 7.4 3.6 5.8 2.9 2.7 1965. 7.4 5.1 3.1 6.8 9.1 12.2 6.1 1.2 1966. 8.0 7.5 5.1 7.7 8.9 13.6 7.4 0.5 1967. 1.0 7.5 0.3 3.7 2.7 11.6 3.3 -2.2 1968. 6.3 4.8 1.5 7.6 0.6 1.0 2.0 4.2 1969. 6.6 3.8 2.3 1.6 6.3 10.2 4.4 2.2 1970. -2.2 4.8 -3.3 2.5 2.6 4.3 0.8 -3.0 1971. 1.6 3.0 -3.0 6.6 -4.2 -0.7 -2.0 3.6 1972. 8.2 2.0 2.3 -0.6 5.3 3.9 3.2 4.8 1973. 8.0 3.0 2.1 -2.4 6.2 9.6 3.9 4.0 1974. 2.1 4.8 -1.8 13.6 16.2 17.6 7.6 -5.1 1975. -11.9 6.0 -10.1 -6.5 -6.0 -8.4 -5.8 -6.5 1976. 11.1 5.6 7.2 7.2 10.8 -0.6 7.8 3.0 1977. 4.6 5.4 3.5 0.0 2.5 1.2 3.0 1.5 1978. 4.7 5.4 0.1 0.8 5.0 0.0 2.7 1.9 1979. 2.0 5.2 -0.1 -0.3 6.7 8.5 3.7 -1.7 1980. -1.2 4.4 -3.3 -1.1 6.8 4.6 2.3 -3.5 1981. 1.6 3.4 -1.0 -4.2 6.1 -1.9 2.1 -0.4 1982. -1.2 2.0 -4.5 -7.8 -4.7 -9.3 -4.4 3.3 1983. 7.0 0.9 2.1 2.1 6.5 8.9 4.0 2.9 1984. 5.0 2.4 4.1 0.6 9.6 7.6 5.9 -0.8 1985. -0.6 3.2 -0.3 -4.0 -0.2 -0.2 -0.1 -0.5 1986. 4.7 3.1 -1.8 4.4 3.9 9.8 2.3 2.3 1987. 2.6 2.0 2.8 4.6 2.3 10.0 3.1 -0.4 1988. 3.8 2.1 1.7 1.8 2.0 14.9 2.8 1.0 1989. 1.5 3.9 1.7 2.8 4.4 12.5 4.0 -2.4 1990. 0.5 4.4 0.3 6.1 0.6 0.5 1.5 -1.0 1991. 0.8 3.5 -1.8 0.7 -0.6 0.6 -0.1 0.9 1992. 4.2 2.3 1.6 2.0 3.8 5.3 2.9 1.3 1993. 2.4 1.2 0.4 2.4 -2.8 -4.9 -1.1 3.5 1994. 4.5 1.0 0.6 2.1 6.6 4.1 3.4 1.1 1995. -0.2 1.2 -0.8 3.2 10.3 20.7 5.9 -5.7 1996. -0.4 2.9 -1.3 -4.3 -3.0 -11.8 -2.3 1.9 1997. 2.2 2.0 0.9 -1.8 -1.7 -3.0 -0.4 2.7 1998. 1.4 2.7 -2.0 1.4 6.3 0.8 2.5 -1.1 1999. 1.4 1.4 0.4 1.8 2.1 -0.4 1.2 0.1 2000. -2.2 0.3 -4.5 -2.3 2.1 0.7 -0.5 -1.7 2001. -5.4 0.1 -5.3 -5.2 -3.1 -7.4 -3.7 -1.9 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.1 3.4 0.6 2.4 3.5 4.2 2.4 0.6 1949-1973 4.9 4.0 1.8 4.6 3.9 6.1 3.3 1.6 1973-2001 1.5 2.9 -0.5 0.6 3.2 2.6 1.7 -0.2 1973-1979 1.8 5.4 -0.4 2.3 5.6 2.7 3.1 -1.2 1979-1990 2.1 2.9 0.1 0.4 3.3 5.0 2.1 0.0 1990-1995 2.3 1.9 0.0 2.1 3.3 4.8 2.2 0.2 1995-2000 0.5 1.9 -1.3 -1.1 1.1 -2.8 0.1 0.4 2000-2001 -5.4 0.1 -5.3 -5.2 -3.1 -7.4 -3.7 -1.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PAPER AND ALLIED PRODUCTS (SIC 26) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 20.2 18.5 66.6 27.1 17.6 10.8 28.2 71.6 1953. 27.1 21.4 79.4 28.7 23.0 15.7 34.6 78.4 1954. 27.3 22.1 78.4 34.6 21.9 15.7 34.4 79.5 1955. 29.9 23.0 82.4 38.5 24.2 17.4 36.8 81.3 1956. 30.5 24.4 84.5 41.5 25.0 18.2 38.2 79.8 1957. 30.0 25.9 84.0 42.6 26.0 18.7 39.3 76.3 1958. 29.4 26.8 82.3 42.7 24.2 18.0 38.3 76.9 1959. 34.6 27.3 87.2 45.1 28.7 20.6 42.0 82.3 1960. 33.6 28.1 87.9 46.3 27.6 19.9 41.7 80.6 1961. 34.9 28.8 88.4 48.1 27.2 19.2 41.9 83.4 1962. 36.9 29.6 90.4 51.3 28.7 20.4 43.4 85.0 1963. 39.1 30.5 91.3 53.2 29.6 22.6 44.6 87.7 1964. 41.4 31.5 92.5 57.2 30.7 23.9 45.9 90.1 1965. 44.4 33.2 95.4 61.1 33.5 26.8 48.7 91.2 1966. 48.0 35.6 100.2 65.8 36.5 30.5 52.3 91.7 1967. 48.4 38.3 100.5 68.2 37.4 34.0 54.0 89.7 1968. 51.5 40.1 102.1 73.4 37.7 34.3 55.1 93.5 1969. 54.9 41.7 104.4 74.5 40.1 37.8 57.5 95.5 1970. 53.7 43.7 101.0 76.4 41.1 39.4 58.0 92.7 1971. 54.5 45.0 97.9 81.4 39.3 39.2 56.8 96.0 1972. 59.0 45.9 100.1 80.9 41.4 40.7 58.7 100.6 1973. 63.7 47.2 102.2 78.9 44.0 44.6 60.9 104.6 1974. 65.1 49.5 100.4 89.6 51.1 52.5 65.6 99.2 1975. 57.3 52.5 90.2 83.8 48.0 48.1 61.8 92.7 1976. 63.7 55.4 96.7 89.9 53.2 47.8 66.6 95.5 1977. 66.6 58.4 100.1 89.8 54.5 48.4 68.6 97.0 1978. 69.7 61.5 100.2 90.6 57.2 48.4 70.5 98.8 1979. 71.1 64.7 100.0 90.3 61.1 52.5 73.1 97.2 1980. 70.2 67.6 96.7 89.3 65.2 54.9 74.8 93.8 1981. 71.4 69.9 95.8 85.6 69.2 53.9 76.4 93.4 1982. 70.5 71.3 91.4 78.9 65.9 48.9 73.0 96.5 1983. 75.4 72.0 93.4 80.5 70.2 53.2 76.0 99.3 1984. 79.2 73.7 97.2 81.0 77.0 57.2 80.5 98.4 1985. 78.7 76.1 96.9 77.8 76.8 57.1 80.4 97.9 1986. 82.4 78.5 95.2 81.2 79.9 62.7 82.2 100.2 1987. 84.5 80.1 97.8 84.9 81.7 69.0 84.8 99.8 1988. 87.8 81.7 99.4 86.4 83.3 79.2 87.1 100.8 1989. 89.1 84.9 101.2 88.8 87.0 89.1 90.6 98.4 1990. 89.5 88.6 101.4 94.2 87.5 89.6 91.9 97.4 1991. 90.2 91.8 99.6 94.9 86.9 90.1 91.8 98.2 1992. 94.0 93.9 101.2 96.8 90.2 94.9 94.5 99.5 1993. 96.3 95.0 101.6 99.2 87.7 90.2 93.5 103.0 1994. 100.6 96.0 102.2 101.3 93.5 93.9 96.6 104.1 1995. 100.4 97.2 101.3 104.5 103.1 113.4 102.3 98.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 102.2 102.0 100.9 98.2 98.3 97.0 99.6 102.7 1998. 103.7 104.7 98.9 99.5 104.5 97.8 102.1 101.6 1999. 105.1 106.2 99.3 101.3 106.8 97.4 103.3 101.7 2000. 102.8 106.5 94.9 99.0 109.0 98.1 102.8 100.0 2001. 97.2 106.6 89.9 93.8 105.6 90.9 99.0 98.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PAPER AND ALLIED PRODUCTS (SIC 26) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -0.5 0.2 4.5 0.0 2.4 3.1 2.7 3.3 1964. 0.2 5.1 2.7 -4.0 2.7 2.6 2.9 2.7 1965. 1.1 3.8 3.2 -0.6 0.7 3.1 2.3 1.2 1966. 2.7 6.5 3.7 -1.1 1.4 3.0 3.2 0.5 1967. 2.1 -10.9 5.4 -0.2 -0.1 2.9 -0.2 -2.2 1968. 0.4 3.5 6.7 0.9 3.9 3.1 4.7 4.2 1969. 3.0 1.5 7.5 4.0 5.2 3.1 5.2 2.2 1970. 4.3 -12.0 8.5 9.4 -1.0 4.7 1.2 -3.0 1971. 1.3 -5.9 5.8 10.3 8.7 4.7 5.0 3.6 1972. 2.9 17.3 6.9 10.9 4.8 5.2 7.8 4.8 1973. 7.1 22.5 8.2 18.2 10.1 4.4 11.4 4.0 1974. 23.5 12.3 16.1 59.2 17.0 6.8 17.2 -5.1 1975. 13.7 -13.0 10.9 20.5 8.6 7.7 6.2 -6.5 1976. 5.0 16.6 7.7 6.3 5.7 8.3 8.2 3.0 1977. 3.4 -4.9 8.0 16.1 4.1 8.7 5.0 1.5 1978. 4.5 1.3 11.1 6.6 4.5 7.7 6.5 1.9 1979. 12.7 8.6 10.8 20.6 10.2 7.7 10.8 -1.7 1980. 13.6 -8.9 13.3 24.8 10.7 9.6 9.7 -3.5 1981. 9.0 4.9 10.2 20.8 5.8 9.4 8.6 -0.4 1982. 1.2 9.8 8.6 10.3 -1.6 6.8 4.6 3.3 1983. -0.8 -1.8 5.0 3.2 0.2 5.5 2.1 2.9 1984. 7.4 22.7 5.6 3.6 3.0 5.3 6.5 -0.8 1985. -0.1 -0.3 2.3 -4.2 -3.2 4.4 -0.6 -0.5 1986. 0.3 7.4 8.3 -14.2 0.0 0.3 2.7 2.3 1987. 6.2 19.8 2.2 -4.0 4.9 4.8 5.7 -0.4 1988. 9.1 31.2 2.4 -4.5 11.2 2.4 10.3 1.0 1989. 5.9 -0.5 3.8 3.3 5.7 1.4 3.4 -2.4 1990. 0.1 -12.9 2.6 -0.5 2.0 3.2 -0.9 -1.0 1991. -2.0 -9.9 3.4 -2.9 -0.7 1.6 -1.1 0.9 1992. -0.6 -6.9 4.0 2.0 0.9 2.3 0.7 1.3 1993. -1.4 -0.6 0.8 1.0 3.9 3.7 2.1 3.5 1994. 3.3 12.4 2.7 -1.9 3.5 3.6 4.4 1.1 1995. 20.8 49.5 4.7 -2.7 10.9 3.1 13.9 -5.7 1996. -6.2 -17.2 1.9 9.5 -5.0 4.0 -4.4 1.9 1997. -3.7 -11.0 2.9 7.1 -1.4 4.3 -1.1 2.7 1998. 2.0 4.8 4.3 -6.3 -2.6 3.1 0.9 -1.1 1999. 0.0 -1.2 2.6 2.2 -1.8 2.7 0.1 0.1 2000. 7.6 9.8 7.2 17.6 2.2 3.5 5.8 -1.7 2001. -0.1 -12.2 2.0 3.3 -1.6 2.3 -2.0 -1.9 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.5 2.8 5.6 4.4 3.2 4.3 4.1 0.6 1949-1973 2.2 2.6 5.4 2.2 3.1 3.8 3.8 1.6 1973-2001 4.6 3.0 5.8 6.2 3.3 4.8 4.4 -0.2 1973-1979 10.3 3.0 10.7 20.4 8.3 7.8 8.9 -1.2 1979-1990 4.6 5.7 5.8 2.9 3.4 4.8 4.6 0.0 1990-1995 3.7 7.0 3.1 -0.9 3.6 2.9 3.8 0.2 1995-2000 -0.2 -3.5 3.8 5.7 -1.8 3.5 0.2 0.4 2000-2001 -0.1 -12.2 2.0 3.3 -1.6 2.3 -2.0 -1.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PAPER AND ALLIED PRODUCTS (SIC 26) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 17.8 21.3 6.9 13.4 18.0 13.1 12.7 71.6 1953. 20.9 29.2 9.1 15.3 22.7 16.0 16.4 78.4 1954. 21.1 28.8 9.4 13.7 23.6 16.5 16.8 79.5 1955. 21.6 32.6 9.8 13.7 23.9 16.9 17.5 81.3 1956. 23.2 36.4 10.2 14.1 24.6 17.6 18.5 79.8 1957. 23.7 30.3 10.9 15.3 23.9 18.1 18.1 76.3 1958. 23.9 28.0 11.4 14.8 24.9 19.0 18.4 76.9 1959. 23.9 32.8 12.2 15.2 25.5 19.5 19.6 82.3 1960. 24.1 30.2 12.4 15.0 25.5 20.3 19.5 80.6 1961. 23.5 29.8 12.7 14.8 25.4 20.9 19.6 83.4 1962. 23.6 30.2 13.3 14.6 25.9 21.5 20.1 85.0 1963. 23.5 30.2 13.9 14.6 26.6 22.1 20.6 87.7 1964. 23.6 31.8 14.3 14.0 27.3 22.7 21.2 90.1 1965. 23.8 33.0 14.7 13.9 27.5 23.4 21.7 91.2 1966. 24.5 35.1 15.3 13.8 27.9 24.1 22.4 91.7 1967. 25.0 31.3 16.1 13.8 27.9 24.8 22.4 89.7 1968. 25.1 32.4 17.2 13.9 28.9 25.6 23.4 93.5 1969. 25.8 32.9 18.5 14.4 30.5 26.4 24.7 95.5 1970. 26.9 28.9 20.1 15.8 30.1 27.6 25.0 92.7 1971. 27.3 27.2 21.2 17.4 32.8 28.9 26.2 96.0 1972. 28.1 31.9 22.7 19.3 34.3 30.4 28.3 100.6 1973. 30.1 39.1 24.6 22.8 37.8 31.8 31.5 104.6 1974. 37.2 43.9 28.5 36.3 44.2 33.9 36.9 99.2 1975. 42.3 38.2 31.6 43.8 48.0 36.6 39.2 92.7 1976. 44.4 44.6 34.1 46.6 50.8 39.6 42.4 95.5 1977. 45.9 42.4 36.8 54.1 52.9 43.0 44.5 97.0 1978. 48.0 43.0 40.8 57.6 55.3 46.4 47.4 98.8 1979. 54.1 46.7 45.3 69.5 60.9 50.0 52.6 97.2 1980. 61.4 42.5 51.3 86.8 67.4 54.8 57.6 93.8 1981. 67.0 44.6 56.5 104.8 71.3 59.9 62.6 93.4 1982. 67.8 49.0 61.4 115.7 70.2 63.9 65.4 96.5 1983. 67.3 48.1 64.5 119.3 70.4 67.4 66.8 99.3 1984. 72.3 59.0 68.1 123.6 72.5 71.0 71.1 98.4 1985. 72.2 58.8 69.7 118.4 70.1 74.1 70.7 97.9 1986. 72.4 63.1 75.5 101.5 70.1 74.3 72.5 100.2 1987. 76.9 75.7 77.1 97.5 73.5 77.9 76.7 99.8 1988. 83.9 99.3 79.0 93.1 81.8 79.8 84.5 100.8 1989. 88.9 98.7 82.0 96.1 86.4 80.8 87.4 98.4 1990. 89.0 86.0 84.2 95.6 88.1 83.4 86.7 97.4 1991. 87.2 77.6 87.0 92.9 87.5 84.8 85.7 98.2 1992. 86.7 72.2 90.5 94.7 88.3 86.7 86.3 99.5 1993. 85.5 71.8 91.3 95.7 91.7 90.0 88.0 103.0 1994. 88.3 80.7 93.7 93.8 94.9 93.2 91.9 104.1 1995. 106.6 120.7 98.1 91.3 105.3 96.2 104.6 98.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 96.3 89.0 102.9 107.1 98.6 104.3 98.9 102.7 1998. 98.2 93.3 107.3 100.4 96.0 107.5 99.8 101.6 1999. 98.2 92.2 110.1 102.6 94.2 110.3 99.9 101.7 2000. 105.8 101.2 118.0 120.6 96.2 114.2 105.8 100.0 2001. 105.6 88.9 120.4 124.6 94.7 116.9 103.7 98.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PAPER AND ALLIED PRODUCTS (SIC 26) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 3.0 4.9 2.2 2.7 -4.2 3.3 1964. 2.3 4.3 -1.6 2.1 -0.1 2.7 1965. 2.1 4.2 0.5 -1.5 -4.3 1.2 1966. 0.5 2.7 0.3 -0.8 -5.0 0.5 1967. -6.1 0.7 -2.6 -1.7 -9.5 -2.2 1968. 1.5 4.7 -1.2 5.6 5.3 4.2 1969. 2.7 4.2 5.0 0.3 -3.2 2.2 1970. -6.7 1.1 -4.6 -4.7 -6.3 -3.0 1971. -1.4 4.7 -4.7 6.0 2.2 3.6 1972. 6.0 5.7 8.8 2.7 4.1 4.8 1973. 4.9 5.8 10.8 1.8 -1.4 4.0 1974. -2.6 4.0 -10.1 -12.1 -13.1 -5.1 1975. -16.9 -2.0 -5.9 -6.3 -3.9 -6.5 1976. 5.2 3.7 3.6 0.2 11.8 3.0 1977. -0.8 1.0 4.6 2.0 3.3 1.5 1978. -0.6 4.6 3.9 -0.3 4.7 1.9 1979. -3.1 2.1 2.3 -4.4 -6.0 -1.7 1980. -5.4 2.2 -0.1 -7.5 -5.5 -3.5 1981. -1.7 2.6 6.1 -4.2 3.6 -0.4 1982. -3.2 3.5 7.2 3.7 8.9 3.3 1983. 6.0 4.8 4.8 0.5 -1.7 2.9 1984. 2.6 0.8 4.4 -4.2 -2.4 -0.8 1985. -3.7 -0.2 3.5 -0.4 -0.4 -0.5 1986. 1.5 6.6 0.3 0.7 -4.6 2.3 1987. 0.6 -0.1 -1.9 0.3 -6.7 -0.4 1988. 1.7 2.1 2.0 1.8 -9.6 1.0 1989. -2.3 -0.2 -1.3 -2.8 -9.7 -2.4 1990. -3.7 0.2 -5.3 -0.1 0.0 -1.0 1991. -2.7 2.7 0.0 1.4 0.1 0.9 1992. 1.9 2.6 2.2 0.4 -1.0 1.3 1993. 1.1 2.0 0.0 5.3 7.7 3.5 1994. 3.4 3.9 2.3 -2.0 0.4 1.1 1995. -1.4 0.7 -3.2 -9.5 -17.3 -5.7 1996. -3.2 0.9 4.1 2.6 12.9 1.9 1997. 0.3 1.3 4.1 4.0 5.4 2.7 1998. -1.2 3.5 0.0 -4.6 0.5 -1.1 1999. 0.0 1.0 -0.4 -0.7 1.8 0.1 2000. -2.5 2.4 0.1 -4.2 -2.9 -1.7 2001. -5.5 -0.2 -0.3 -2.4 2.1 -1.9 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.3 2.5 0.6 -0.4 -1.1 0.6 1949-1973 0.9 3.0 0.3 1.0 -1.1 1.6 1973-2001 -1.4 2.0 0.9 -1.6 -1.0 -0.2 1973-1979 -3.4 2.2 -0.4 -3.6 -0.9 -1.2 1979-1990 -0.8 2.0 1.7 -1.2 -2.7 0.0 1990-1995 0.5 2.3 0.2 -1.0 -2.4 0.2 1995-2000 -1.4 1.8 1.6 -0.6 3.4 0.4 2000-2001 -5.5 -0.2 -0.3 -2.4 2.1 -1.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PAPER AND ALLIED PRODUCTS (SIC 26) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 124.6 40.9 72.0 128.6 181.0 85.0 1963. 128.3 42.9 73.6 132.0 173.3 87.7 1964. 131.2 44.7 72.4 134.8 173.1 90.1 1965. 134.0 46.6 72.7 132.7 165.7 91.2 1966. 134.6 47.9 72.9 131.6 157.5 91.7 1967. 126.5 48.2 71.0 129.4 142.5 89.7 1968. 128.3 50.5 70.2 136.7 150.1 93.5 1969. 131.8 52.6 73.7 137.1 145.2 95.5 1970. 122.9 53.2 70.3 130.7 136.1 92.7 1971. 121.3 55.7 67.0 138.6 139.1 96.0 1972. 128.6 58.9 72.9 142.4 144.8 100.6 1973. 134.9 62.3 80.8 144.9 142.8 104.6 1974. 131.4 64.8 72.6 127.4 124.0 99.2 1975. 109.2 63.5 68.4 119.4 119.2 92.7 1976. 114.9 65.8 70.8 119.7 133.2 95.5 1977. 114.0 66.5 74.1 122.1 137.6 97.0 1978. 113.2 69.6 77.0 121.8 144.0 98.8 1979. 109.8 71.0 78.7 116.4 135.3 97.2 1980. 103.9 72.6 78.6 107.6 127.9 93.8 1981. 102.1 74.5 83.4 103.1 132.5 93.4 1982. 98.8 77.1 89.4 106.9 144.3 96.5 1983. 104.8 80.8 93.7 107.4 141.8 99.3 1984. 107.4 81.4 97.8 102.9 138.4 98.4 1985. 103.5 81.3 101.2 102.5 137.9 97.9 1986. 105.0 86.6 101.5 103.2 131.5 100.2 1987. 105.6 86.5 99.6 103.5 122.6 99.8 1988. 107.4 88.3 101.6 105.4 110.8 100.8 1989. 104.9 88.1 100.3 102.5 100.0 98.4 1990. 101.0 88.3 95.1 102.4 100.0 97.4 1991. 98.3 90.6 95.1 103.8 100.1 98.2 1992. 100.2 93.0 97.1 104.2 99.1 99.5 1993. 101.3 94.8 97.1 109.8 106.7 103.0 1994. 104.8 98.4 99.3 107.6 107.1 104.1 1995. 103.3 99.1 96.1 97.4 88.6 98.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 100.3 101.3 104.1 104.0 105.4 102.7 1998. 99.0 104.8 104.2 99.2 106.0 101.6 1999. 99.0 105.8 103.8 98.5 107.9 101.7 2000. 96.5 108.4 103.9 94.3 104.8 100.0 2001. 91.2 108.2 103.6 92.0 107.0 98.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PAPER AND ALLIED PRODUCTS (SIC 26) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 4.477 0.920 1.596 0.222 1.588 0.151 1953. 7.085 1.459 2.482 0.268 2.607 0.268 1954. 7.186 1.488 2.553 0.290 2.580 0.275 1955. 8.054 1.752 2.775 0.322 2.893 0.313 1956. 8.803 2.069 2.963 0.358 3.072 0.341 1957. 8.853 1.829 3.159 0.397 3.106 0.361 1958. 8.756 1.752 3.241 0.386 3.012 0.365 1959. 10.277 2.092 3.677 0.419 3.662 0.426 1960. 10.118 1.978 3.766 0.424 3.519 0.431 1961. 10.215 2.002 3.886 0.434 3.466 0.426 1962. 10.879 2.085 4.143 0.458 3.727 0.467 1963. 11.476 2.152 4.375 0.475 3.941 0.533 1964. 12.154 2.338 4.555 0.490 4.193 0.578 1965. 13.191 2.552 4.848 0.520 4.603 0.669 1966. 14.624 2.919 5.285 0.554 5.083 0.782 1967. 15.075 2.798 5.588 0.573 5.217 0.898 1968. 16.096 3.034 6.051 0.622 5.454 0.935 1969. 17.674 3.197 6.657 0.657 6.102 1.062 1970. 18.025 2.948 6.987 0.737 6.193 1.160 1971. 18.548 2.856 7.170 0.866 6.450 1.207 1972. 20.650 3.419 7.842 0.954 7.115 1.320 1973. 23.901 4.312 8.662 1.100 8.316 1.510 1974. 30.139 5.075 9.878 1.989 11.301 1.896 1975. 30.178 4.681 9.847 2.243 11.536 1.872 1976. 35.215 5.766 11.361 2.555 13.518 2.015 1977. 38.084 5.779 12.698 2.965 14.424 2.218 1978. 41.681 6.171 14.115 3.186 15.820 2.389 1979. 47.905 7.051 15.621 3.832 18.608 2.793 1980. 53.752 6.705 17.108 4.730 22.007 3.202 1981. 59.553 7.274 18.681 5.476 24.687 3.435 1982. 59.566 8.149 19.375 5.569 23.146 3.326 1983. 63.242 8.075 20.770 5.867 24.712 3.818 1984. 71.315 10.143 22.836 6.111 27.899 4.326 1985. 70.808 10.444 23.288 5.622 26.949 4.505 1986. 74.341 11.561 24.778 5.034 28.006 4.962 1987. 80.977 14.130 26.028 5.055 30.045 5.719 1988. 91.764 18.931 27.109 4.911 34.084 6.730 1989. 98.670 19.564 28.626 5.213 37.595 7.671 1990. 99.264 17.796 29.452 5.501 38.559 7.957 1991. 98.055 16.606 29.900 5.380 38.031 8.137 1992. 101.604 15.818 31.595 5.601 39.824 8.766 1993. 102.568 15.924 31.984 5.794 40.220 8.646 1994. 110.639 18.081 33.047 5.803 44.381 9.327 1995. 133.376 27.373 34.301 5.829 54.263 11.611 1996. 124.605 23.331 34.504 6.105 50.017 10.648 1997. 122.674 21.181 35.836 6.421 48.461 10.775 1998. 126.901 22.789 36.638 6.099 50.177 11.198 1999. 128.665 22.839 37.727 6.343 50.306 11.449 2000. 135.484 25.164 38.634 7.286 52.465 11.935 2001. 127.964 22.116 37.350 7.138 50.053 11.307 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PAPER AND ALLIED PRODUCTS (SIC 26) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.206 0.356 0.049 0.355 0.034 1952. 0.219 0.337 0.037 0.372 0.035 1953. 0.206 0.350 0.038 0.368 0.038 1954. 0.207 0.355 0.040 0.359 0.038 1955. 0.217 0.345 0.040 0.359 0.039 1956. 0.235 0.337 0.041 0.349 0.039 1957. 0.207 0.357 0.045 0.351 0.041 1958. 0.200 0.370 0.044 0.344 0.042 1959. 0.204 0.358 0.041 0.356 0.041 1960. 0.196 0.372 0.042 0.348 0.043 1961. 0.196 0.380 0.043 0.339 0.042 1962. 0.192 0.381 0.042 0.343 0.043 1963. 0.188 0.381 0.041 0.343 0.046 1964. 0.192 0.375 0.040 0.345 0.048 1965. 0.193 0.367 0.039 0.349 0.051 1966. 0.200 0.361 0.038 0.348 0.053 1967. 0.186 0.371 0.038 0.346 0.060 1968. 0.189 0.376 0.039 0.339 0.058 1969. 0.181 0.377 0.037 0.345 0.060 1970. 0.164 0.388 0.041 0.344 0.064 1971. 0.154 0.387 0.047 0.348 0.065 1972. 0.166 0.380 0.046 0.345 0.064 1973. 0.180 0.362 0.046 0.348 0.063 1974. 0.168 0.328 0.066 0.375 0.063 1975. 0.155 0.326 0.074 0.382 0.062 1976. 0.164 0.323 0.073 0.384 0.057 1977. 0.152 0.333 0.078 0.379 0.058 1978. 0.148 0.339 0.076 0.380 0.057 1979. 0.147 0.326 0.080 0.388 0.058 1980. 0.125 0.318 0.088 0.409 0.060 1981. 0.122 0.314 0.092 0.415 0.058 1982. 0.137 0.325 0.094 0.389 0.056 1983. 0.128 0.328 0.093 0.391 0.060 1984. 0.142 0.320 0.086 0.391 0.061 1985. 0.147 0.329 0.079 0.381 0.064 1986. 0.156 0.333 0.068 0.377 0.067 1987. 0.175 0.321 0.062 0.371 0.071 1988. 0.206 0.295 0.054 0.371 0.073 1989. 0.198 0.290 0.053 0.381 0.078 1990. 0.179 0.297 0.055 0.388 0.080 1991. 0.169 0.305 0.055 0.388 0.083 1992. 0.156 0.311 0.055 0.392 0.086 1993. 0.155 0.312 0.056 0.392 0.084 1994. 0.163 0.299 0.052 0.401 0.084 1995. 0.205 0.257 0.044 0.407 0.087 1996. 0.187 0.277 0.049 0.401 0.085 1997. 0.173 0.292 0.052 0.395 0.088 1998. 0.180 0.289 0.048 0.395 0.088 1999. 0.178 0.293 0.049 0.391 0.089 2000. 0.186 0.285 0.054 0.387 0.088 2001. 0.173 0.292 0.056 0.391 0.088 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: PRINTING AND PUBLISHING (SIC 27) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 1.3 2.1 0.0 2.9 2.4 6.5 1.8 -0.5 1964. 6.0 3.2 2.5 14.6 5.6 -1.8 3.0 2.9 1965. 5.9 2.9 3.9 6.5 5.3 6.8 4.5 1.3 1966. 4.7 5.8 3.1 7.9 5.5 6.3 4.6 0.2 1967. 4.1 7.7 1.9 18.2 3.1 12.9 4.5 -0.4 1968. 3.3 4.6 1.2 17.0 2.6 2.1 2.3 1.0 1969. 4.5 6.6 2.5 9.3 5.2 9.0 4.7 -0.2 1970. -4.2 3.8 -0.5 17.3 -4.6 1.1 -0.7 -3.6 1971. 0.9 3.3 -2.0 1.6 0.5 1.8 -0.1 0.9 1972. 9.4 4.8 2.3 -5.5 13.8 11.7 6.9 2.4 1973. 4.8 6.5 1.5 3.0 7.8 3.4 4.1 0.6 1974. -1.8 5.6 -1.4 -10.3 2.2 3.1 1.1 -2.8 1975. -4.7 4.5 -2.6 6.7 -1.4 0.0 -0.9 -3.8 1976. 5.7 3.1 2.3 1.1 12.2 2.5 5.3 0.3 1977. 9.4 4.5 4.6 3.2 12.1 8.4 7.4 1.8 1978. 5.0 3.4 4.2 -0.5 10.1 0.3 5.3 -0.3 1979. 2.5 3.7 3.5 -5.4 -0.3 1.7 2.0 0.5 1980. 0.0 4.5 1.3 0.5 3.5 0.1 2.2 -2.1 1981. 2.5 4.7 1.4 4.6 4.6 -0.9 2.6 0.0 1982. 3.7 3.4 0.5 1.4 8.9 0.6 3.6 0.1 1983. 5.2 4.0 4.9 -0.2 7.2 5.0 5.5 -0.3 1984. 6.8 7.4 6.2 16.6 10.3 2.7 7.3 -0.4 1985. 4.7 7.1 3.5 -2.3 6.5 6.3 5.2 -0.5 1986. 3.4 6.0 2.5 7.8 5.6 8.0 4.8 -1.3 1987. 4.7 5.2 2.4 16.8 4.9 10.3 4.8 0.0 1988. 0.3 5.7 5.3 6.9 -2.9 -0.4 2.0 -1.7 1989. -1.3 5.5 0.7 0.3 -3.8 -0.6 -0.2 -1.1 1990. -0.3 4.4 1.2 4.3 2.7 1.0 2.1 -2.3 1991. -4.4 3.7 -3.3 -1.0 -2.0 -5.5 -2.3 -2.2 1992. 2.5 3.3 -1.1 0.9 2.0 4.5 1.1 1.3 1993. 0.3 2.4 2.4 3.2 7.6 5.6 4.2 -3.8 1994. 0.5 1.5 1.9 4.0 -3.9 -0.6 -0.1 0.6 1995. 0.8 2.9 0.6 4.8 2.1 8.6 2.5 -1.7 1996. 0.8 2.9 -2.0 -2.8 8.2 -0.4 1.7 -0.9 1997. -1.6 6.5 2.2 -29.4 4.1 1.4 2.9 -4.3 1998. -0.3 1.1 -1.0 0.1 0.5 -1.5 -0.4 0.0 1999. 1.9 7.2 -0.2 0.8 -3.1 -2.3 -0.2 2.1 2000. 0.5 5.6 -1.3 1.0 -2.0 2.6 0.2 0.3 2001. -7.5 3.4 -4.0 -7.0 0.2 -8.4 -2.7 -5.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.3 4.2 1.3 3.3 3.8 3.3 2.7 -0.3 1949-1973 3.5 4.1 1.4 6.7 4.3 5.2 3.0 0.5 1973-2001 1.3 4.4 1.2 0.6 3.3 1.8 2.4 -1.0 1973-1979 2.6 4.1 1.7 -1.0 5.7 2.6 3.3 -0.7 1979-1990 2.7 5.2 2.7 5.0 4.2 2.9 3.6 -0.9 1990-1995 -0.1 2.7 0.1 2.3 1.1 2.4 1.1 -1.2 1995-2000 0.2 4.7 -0.5 -6.9 1.5 -0.1 0.8 -0.6 2000-2001 -7.5 3.4 -4.0 -7.0 0.2 -8.4 -2.7 -5.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRINTING AND PUBLISHING (SIC 27) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 27.8 14.6 49.1 12.2 14.5 16.6 25.4 109.6 1953. 30.8 17.3 52.6 26.1 16.6 19.8 28.5 108.1 1954. 33.0 17.3 52.8 17.5 18.2 21.2 29.4 112.2 1955. 34.7 17.7 54.3 18.5 19.0 22.9 30.5 113.9 1956. 36.5 18.4 56.0 18.6 19.6 25.0 31.7 115.3 1957. 36.5 19.0 56.1 18.5 19.4 26.1 31.9 114.3 1958. 36.4 20.5 55.6 24.4 19.9 25.8 32.3 112.6 1959. 39.4 21.0 57.1 23.0 21.9 27.2 33.9 116.5 1960. 41.0 21.8 58.1 22.8 23.4 29.4 35.3 116.2 1961. 41.8 22.6 58.0 23.0 24.6 30.1 36.0 116.1 1962. 43.3 23.0 58.2 24.0 25.4 31.6 36.7 117.9 1963. 43.8 23.5 58.2 24.7 26.0 33.6 37.4 117.3 1964. 46.4 24.3 59.7 28.4 27.4 33.0 38.5 120.7 1965. 49.2 25.0 62.0 30.2 28.9 35.3 40.2 122.3 1966. 51.5 26.4 64.0 32.6 30.5 37.5 42.1 122.4 1967. 53.6 28.4 65.2 38.5 31.4 42.3 44.0 122.0 1968. 55.4 29.7 65.9 45.1 32.2 43.2 45.0 123.1 1969. 57.9 31.7 67.6 49.3 33.9 47.1 47.1 123.0 1970. 55.4 32.9 67.3 57.8 32.3 47.6 46.7 118.5 1971. 55.9 34.0 65.9 58.8 32.5 48.5 46.7 119.7 1972. 61.1 35.6 67.5 55.5 37.0 54.2 49.9 122.5 1973. 64.1 38.0 68.5 57.2 39.9 56.0 52.0 123.3 1974. 62.9 40.1 67.5 51.3 40.8 57.7 52.5 119.8 1975. 60.0 41.9 65.8 54.7 40.2 57.7 52.0 115.3 1976. 63.4 43.2 67.3 55.3 45.1 59.2 54.8 115.7 1977. 69.3 45.1 70.4 57.1 50.6 64.2 58.9 117.8 1978. 72.8 46.6 73.4 56.8 55.7 64.4 62.0 117.4 1979. 74.6 48.3 75.9 53.7 55.5 65.4 63.2 118.1 1980. 74.6 50.5 76.9 54.0 57.4 65.5 64.6 115.6 1981. 76.5 52.8 78.0 56.5 60.1 64.9 66.2 115.5 1982. 79.3 54.6 78.4 57.3 65.4 65.3 68.6 115.7 1983. 83.5 56.8 82.3 57.1 70.2 68.6 72.4 115.3 1984. 89.2 61.0 87.3 66.6 77.4 70.4 77.7 114.8 1985. 93.4 65.3 90.3 65.1 82.4 74.8 81.7 114.2 1986. 96.6 69.2 92.6 70.2 87.0 80.9 85.6 112.8 1987. 101.1 72.8 94.9 81.9 91.3 89.2 89.7 112.7 1988. 101.4 77.0 99.9 87.6 88.6 88.8 91.5 110.8 1989. 100.0 81.3 100.5 87.8 85.3 88.3 91.3 109.5 1990. 99.7 84.8 101.7 91.6 87.6 89.2 93.2 107.0 1991. 95.3 88.0 98.3 90.7 85.8 84.3 91.1 104.6 1992. 97.7 90.9 97.2 91.5 87.5 88.1 92.2 106.0 1993. 98.0 93.0 99.6 94.4 94.2 93.0 96.1 102.0 1994. 98.5 94.4 101.4 98.2 90.6 92.4 96.0 102.6 1995. 99.2 97.2 102.1 102.9 92.4 100.4 98.4 100.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 98.4 106.5 102.2 70.6 104.1 101.4 102.9 95.7 1998. 98.1 107.7 101.1 70.7 104.7 99.8 102.5 95.7 1999. 99.9 115.5 100.9 71.2 101.4 97.5 102.3 97.7 2000. 100.4 121.9 99.6 72.0 99.4 100.0 102.4 98.0 2001. 92.9 126.0 95.6 66.9 99.6 91.6 99.7 93.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRINTING AND PUBLISHING (SIC 27) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 2.5 3.9 3.3 -3.1 -0.7 1.7 2.0 -0.5 1964. 1.3 16.5 3.7 -10.7 1.2 1.8 4.2 2.9 1965. 1.4 9.1 2.1 0.8 1.0 2.0 2.7 1.3 1966. 4.1 7.5 5.5 0.5 1.7 2.3 4.3 0.2 1967. 2.8 -9.9 6.5 -2.2 2.9 2.4 2.4 -0.4 1968. 3.4 5.2 5.7 -1.5 2.7 3.2 4.4 1.0 1969. 5.1 2.4 7.0 -2.6 3.7 3.5 4.9 -0.2 1970. 6.0 -13.0 4.8 -4.0 5.0 5.0 2.2 -3.6 1971. 4.5 12.4 4.9 5.1 3.6 4.8 5.5 0.9 1972. 2.9 6.3 6.4 8.6 3.0 5.3 5.3 2.4 1973. 4.5 1.6 6.8 7.5 4.5 4.6 5.1 0.6 1974. 11.3 -13.0 10.2 30.4 15.8 6.9 8.2 -2.8 1975. 13.3 21.4 5.5 16.2 9.6 7.4 9.0 -3.8 1976. 6.5 8.4 8.1 15.7 3.7 8.1 6.8 0.3 1977. 6.6 20.5 8.1 11.9 4.2 8.3 8.5 1.8 1978. 7.3 4.5 10.4 16.5 3.5 7.6 7.0 -0.3 1979. 9.0 3.6 11.8 15.9 10.1 7.5 9.6 0.5 1980. 10.0 -5.1 8.6 20.7 11.0 9.3 7.7 -2.1 1981. 8.3 8.4 7.7 17.2 8.1 9.4 8.2 0.0 1982. 6.5 13.9 7.7 15.0 2.3 6.8 6.6 0.1 1983. 4.7 12.5 5.3 6.6 -0.2 5.5 4.4 -0.3 1984. 6.0 9.1 5.7 3.7 3.9 5.6 5.5 -0.4 1985. 4.8 9.8 5.7 -0.7 0.2 4.3 4.3 -0.5 1986. 3.9 3.0 5.5 -5.9 -0.2 0.6 2.5 -1.3 1987. 3.7 1.6 5.3 -7.8 2.8 4.4 3.7 0.0 1988. 5.0 -8.1 3.0 -1.2 8.9 4.3 3.2 -1.7 1989. 5.2 3.7 3.9 2.2 4.9 3.1 4.0 -1.1 1990. 4.1 -7.3 5.5 2.3 -0.5 4.8 1.7 -2.3 1991. 3.9 -0.6 5.1 -0.4 -3.5 4.6 1.6 -2.2 1992. 2.9 5.0 8.5 8.5 -2.4 4.1 4.3 1.3 1993. 3.1 -14.9 3.0 2.2 -0.8 2.3 -0.8 -3.8 1994. 2.6 7.5 2.0 -3.1 3.4 3.5 3.2 0.6 1995. 5.7 -22.7 4.2 0.0 17.6 2.7 3.9 -1.7 1996. 3.6 35.3 1.7 4.3 -6.7 3.3 2.7 -0.9 1997. 5.0 1.7 2.3 -0.7 -4.3 3.5 0.5 -4.3 1998. 2.9 1.8 5.4 -8.0 -0.2 2.9 2.9 0.0 1999. 1.8 16.9 3.2 0.8 -1.1 2.6 3.9 2.1 2000. 2.9 -11.7 7.7 20.8 5.3 3.1 3.2 0.3 2001. 2.9 -24.5 3.0 3.2 -0.6 2.8 -2.2 -5.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 4.3 2.3 5.3 3.1 2.7 4.2 4.0 -0.3 1949-1973 3.0 2.6 4.6 -0.4 2.2 3.3 3.5 0.5 1973-2001 5.4 2.0 5.8 6.2 3.2 5.0 4.4 -1.0 1973-1979 9.0 6.9 9.0 17.6 7.7 7.6 8.2 -0.7 1979-1990 5.6 3.5 5.8 4.4 3.7 5.3 4.7 -0.9 1990-1995 3.6 -5.9 4.5 1.4 2.6 3.4 2.4 -1.2 1995-2000 3.2 7.6 4.0 3.0 -1.5 3.1 2.6 -0.6 2000-2001 2.9 -24.5 3.0 3.2 -0.6 2.8 -2.2 -5.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRINTING AND PUBLISHING (SIC 27) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 13.1 24.7 8.6 23.1 24.4 13.9 14.4 109.6 1953. 15.2 24.9 10.4 17.3 26.7 16.8 16.5 108.1 1954. 15.1 25.1 10.9 18.9 26.7 17.3 16.9 112.2 1955. 15.5 29.8 11.1 20.2 27.3 17.8 17.7 113.9 1956. 16.0 30.2 11.7 21.5 28.7 18.4 18.5 115.3 1957. 16.7 30.1 12.3 22.7 29.6 18.8 19.1 114.3 1958. 17.0 26.2 12.6 18.4 30.0 19.6 19.1 112.6 1959. 17.2 31.2 13.2 19.2 30.2 19.7 20.1 116.5 1960. 17.7 30.3 13.8 20.0 30.6 20.3 20.6 116.2 1961. 17.8 28.6 14.2 20.3 30.5 20.6 20.7 116.1 1962. 18.1 31.6 14.6 21.8 30.7 20.9 21.3 117.9 1963. 18.5 32.8 15.1 21.2 30.4 21.3 21.7 117.3 1964. 18.7 38.2 15.6 18.9 30.8 21.6 22.6 120.7 1965. 19.0 41.7 15.9 19.0 31.1 22.1 23.2 122.3 1966. 19.8 44.8 16.8 19.1 31.6 22.6 24.2 122.4 1967. 20.4 40.4 17.9 18.7 32.6 23.2 24.8 122.0 1968. 21.1 42.5 18.9 18.4 33.5 23.9 25.9 123.1 1969. 22.1 43.5 20.3 18.0 34.7 24.7 27.2 123.0 1970. 23.5 37.8 21.2 17.2 36.4 25.9 27.8 118.5 1971. 24.5 42.5 22.3 18.1 37.8 27.2 29.4 119.7 1972. 25.2 45.2 23.7 19.7 38.9 28.6 30.9 122.5 1973. 26.4 45.9 25.3 21.2 40.7 30.0 32.5 123.3 1974. 29.3 40.0 27.9 27.6 47.1 32.0 35.2 119.8 1975. 33.2 48.5 29.4 32.1 51.6 34.4 38.3 115.3 1976. 35.4 52.6 31.8 37.1 53.5 37.2 40.9 115.7 1977. 37.7 63.4 34.4 41.5 55.7 40.3 44.4 117.8 1978. 40.5 66.3 38.0 48.4 57.7 43.3 47.6 117.4 1979. 44.1 68.7 42.4 56.0 63.5 46.6 52.1 118.1 1980. 48.6 65.2 46.1 67.7 70.5 50.9 56.1 115.6 1981. 52.6 70.6 49.6 79.3 76.2 55.7 60.8 115.5 1982. 56.0 80.4 53.5 91.2 77.9 59.5 64.8 115.7 1983. 58.6 90.5 56.3 97.2 77.8 62.8 67.6 115.3 1984. 62.2 98.7 59.5 100.8 80.8 66.3 71.4 114.8 1985. 65.1 108.4 62.9 100.1 80.9 69.2 74.4 114.2 1986. 67.7 111.6 66.3 94.2 80.8 69.6 76.3 112.8 1987. 70.2 113.4 69.8 86.8 83.0 72.6 79.1 112.7 1988. 73.7 104.3 71.9 85.7 90.4 75.8 81.6 110.8 1989. 77.5 108.1 74.7 87.6 94.8 78.1 84.9 109.5 1990. 80.7 100.3 78.8 89.6 94.4 81.9 86.4 107.0 1991. 83.9 99.7 82.9 89.3 91.1 85.6 87.7 104.6 1992. 86.3 104.6 89.9 96.9 88.9 89.1 91.5 106.0 1993. 89.0 89.0 92.6 99.0 88.2 91.1 90.8 102.0 1994. 91.3 95.7 94.4 95.9 91.2 94.3 93.7 102.6 1995. 96.5 73.9 98.4 95.9 107.2 96.8 97.4 100.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 105.0 101.7 102.3 99.3 95.7 103.5 100.5 95.7 1998. 108.0 103.5 107.8 91.4 95.6 106.6 103.4 95.7 1999. 109.9 121.0 111.3 92.1 94.5 109.4 107.4 97.7 2000. 113.1 106.8 119.9 111.3 99.5 112.8 110.9 98.0 2001. 116.4 80.6 123.4 114.8 98.9 115.9 108.4 93.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRINTING AND PUBLISHING (SIC 27) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. -0.8 1.3 -1.6 -1.1 -4.9 -0.5 1964. 2.7 3.4 -7.6 0.3 7.9 2.9 1965. 2.9 1.9 -0.6 0.5 -0.8 1.3 1966. -1.0 1.6 -2.9 -0.7 -1.5 0.2 1967. -3.3 2.2 -12.0 0.9 -7.8 -0.4 1968. -1.3 2.0 -11.8 0.7 1.1 1.0 1969. -2.0 2.0 -4.4 -0.6 -4.1 -0.2 1970. -7.7 -3.8 -18.3 0.4 -5.3 -3.6 1971. -2.4 2.9 -0.7 0.4 -1.0 0.9 1972. 4.4 6.9 15.8 -3.9 -2.0 2.4 1973. -1.6 3.3 1.7 -2.8 1.4 0.6 1974. -7.0 -0.3 9.5 -3.9 -4.7 -2.8 1975. -8.8 -2.2 -10.6 -3.4 -4.7 -3.8 1976. 2.5 3.3 4.6 -5.8 3.1 0.3 1977. 4.7 4.5 6.0 -2.4 0.8 1.8 1978. 1.5 0.7 5.5 -4.6 4.7 -0.3 1979. -1.1 -0.9 8.4 2.9 0.8 0.5 1980. -4.2 -1.2 -0.5 -3.3 0.0 -2.1 1981. -2.1 1.1 -2.0 -2.0 3.4 0.0 1982. 0.3 3.2 2.2 -4.8 3.1 0.1 1983. 1.2 0.2 5.4 -1.9 0.2 -0.3 1984. -0.5 0.6 -8.4 -3.1 4.0 -0.4 1985. -2.3 1.2 7.2 -1.7 -1.5 -0.5 1986. -2.4 0.9 -4.0 -2.1 -4.3 -1.3 1987. -0.5 2.3 -10.3 -0.2 -5.1 0.0 1988. -5.2 -4.8 -6.2 3.3 0.7 -1.7 1989. -6.5 -2.0 -1.6 2.5 -0.7 -1.1 1990. -4.5 -1.5 -4.4 -2.9 -1.2 -2.3 1991. -7.8 -1.1 -3.5 -2.5 1.1 -2.2 1992. -0.8 3.6 1.6 0.5 -1.9 1.3 1993. -2.1 -2.1 -2.8 -6.8 -5.0 -3.8 1994. -0.9 -1.3 -3.3 4.6 1.2 0.6 1995. -2.1 0.1 -3.8 -1.3 -7.3 -1.7 1996. -2.1 2.9 3.7 -6.8 1.2 -0.9 1997. -7.6 -3.6 39.4 -5.5 -2.9 -4.3 1998. -1.4 0.7 -0.4 -0.8 1.2 0.0 1999. -5.0 2.1 1.0 5.1 4.3 2.1 2000. -4.8 1.8 -0.5 2.5 -2.1 0.3 2001. -10.5 -3.7 -0.5 -7.7 0.9 -5.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -1.8 1.0 -1.0 -1.4 -1.0 -0.3 1949-1973 -0.5 2.1 -2.9 -0.7 -1.6 0.5 1973-2001 -2.9 0.1 0.8 -1.9 -0.4 -1.0 1973-1979 -1.5 0.8 3.6 -2.9 -0.1 -0.7 1979-1990 -2.4 0.0 -2.2 -1.5 -0.2 -0.9 1990-1995 -2.8 -0.2 -2.4 -1.2 -2.4 -1.2 1995-2000 -4.2 0.7 7.7 -1.2 0.3 -0.6 2000-2001 -10.5 -3.7 -0.5 -7.7 0.9 -5.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRINTING AND PUBLISHING (SIC 27) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 188.0 74.3 179.9 170.6 137.1 117.9 1963. 186.5 75.3 177.1 168.7 130.3 117.3 1964. 191.5 77.8 163.7 169.3 140.7 120.7 1965. 197.0 79.3 162.8 170.2 139.5 122.3 1966. 195.0 80.5 158.0 169.0 137.4 122.4 1967. 188.6 82.3 139.1 170.5 126.7 122.0 1968. 186.1 84.0 122.7 171.7 128.1 123.1 1969. 182.4 85.6 117.3 170.6 122.8 123.0 1970. 168.3 82.4 95.8 171.3 116.3 118.5 1971. 164.3 84.7 95.1 171.9 115.2 119.7 1972. 171.6 90.6 110.1 165.3 112.9 122.5 1973. 168.8 93.6 112.1 160.7 114.4 123.3 1974. 157.1 93.2 122.7 154.4 109.0 119.8 1975. 143.3 91.2 109.7 149.2 103.9 115.3 1976. 146.9 94.3 114.7 140.5 107.1 115.7 1977. 153.8 98.5 121.5 137.1 108.0 117.8 1978. 156.1 99.2 128.2 130.7 113.1 117.4 1979. 154.4 98.3 138.9 134.5 114.0 118.1 1980. 147.9 97.1 138.3 130.0 114.0 115.6 1981. 144.8 98.1 135.5 127.3 117.9 115.5 1982. 145.2 101.2 138.6 121.3 121.5 115.7 1983. 147.0 101.5 146.1 119.0 121.7 115.3 1984. 146.2 102.1 133.8 115.3 126.6 114.8 1985. 142.9 103.3 143.4 113.3 124.8 114.2 1986. 139.5 104.2 137.6 111.0 119.4 112.8 1987. 138.8 106.6 123.4 110.8 113.3 112.7 1988. 131.6 101.5 115.8 114.4 114.1 110.8 1989. 123.1 99.5 113.9 117.3 113.3 109.5 1990. 117.6 98.0 108.9 113.9 111.9 107.0 1991. 108.4 96.9 105.1 111.1 113.1 104.6 1992. 107.5 100.5 106.7 111.6 110.9 106.0 1993. 105.3 98.4 103.7 104.0 105.4 102.0 1994. 104.3 97.1 100.3 108.7 106.6 102.6 1995. 102.1 97.2 96.5 107.3 98.9 100.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 92.4 96.4 139.4 94.5 97.1 95.7 1998. 91.1 97.0 138.8 93.7 98.3 95.7 1999. 86.5 99.0 140.3 98.5 102.5 97.7 2000. 82.3 100.8 139.5 101.0 100.4 98.0 2001. 73.7 97.1 138.8 93.3 101.4 93.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRINTING AND PUBLISHING (SIC 27) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 6.350 0.825 3.114 0.050 1.767 0.595 1953. 8.161 0.990 4.014 0.080 2.221 0.855 1954. 8.665 0.998 4.233 0.058 2.430 0.946 1955. 9.371 1.211 4.463 0.066 2.583 1.048 1956. 10.184 1.272 4.839 0.071 2.815 1.187 1957. 10.611 1.307 5.091 0.074 2.875 1.263 1958. 10.758 1.231 5.165 0.079 2.976 1.306 1959. 11.841 1.503 5.570 0.078 3.305 1.384 1960. 12.635 1.516 5.927 0.081 3.571 1.540 1961. 12.981 1.485 6.062 0.083 3.753 1.598 1962. 13.611 1.666 6.263 0.093 3.888 1.702 1963. 14.125 1.767 6.467 0.092 3.955 1.844 1964. 15.159 2.124 6.871 0.095 4.227 1.842 1965. 16.280 2.384 7.290 0.102 4.498 2.007 1966. 17.760 2.711 7.932 0.110 4.824 2.184 1967. 19.007 2.631 8.602 0.127 5.121 2.527 1968. 20.304 2.896 9.204 0.147 5.394 2.663 1969. 22.299 3.161 10.094 0.156 5.885 3.003 1970. 22.643 2.853 10.535 0.176 5.894 3.185 1971. 23.871 3.313 10.834 0.188 6.136 3.401 1972. 26.873 3.691 11.794 0.193 7.195 4.000 1973. 29.424 3.995 12.785 0.214 8.104 4.326 1974. 32.170 3.669 13.889 0.250 9.594 4.769 1975. 34.738 4.656 14.278 0.310 10.374 5.121 1976. 39.091 5.204 15.778 0.362 12.073 5.674 1977. 45.569 6.554 17.840 0.418 14.093 6.664 1978. 51.349 7.083 20.527 0.485 16.062 7.192 1979. 57.380 7.603 23.752 0.531 17.631 7.862 1980. 63.149 7.535 26.129 0.645 20.242 8.598 1981. 70.087 8.551 28.538 0.790 22.888 9.320 1982. 77.398 10.067 30.889 0.922 25.501 10.019 1983. 85.256 11.774 34.124 0.981 27.278 11.099 1984. 96.540 13.797 38.287 1.185 31.238 12.032 1985. 105.926 16.224 41.867 1.150 33.340 13.345 1986. 113.817 17.711 45.275 1.166 35.157 14.507 1987. 123.592 18.930 48.795 1.255 37.904 16.708 1988. 130.069 18.402 52.912 1.325 40.068 17.362 1989. 135.076 20.132 55.346 1.359 40.450 17.790 1990. 140.233 19.486 59.122 1.450 41.346 18.829 1991. 139.258 20.083 60.058 1.429 39.076 18.612 1992. 146.900 21.778 64.414 1.565 38.909 20.234 1993. 151.922 18.974 67.929 1.649 41.526 21.844 1994. 156.694 20.701 70.575 1.663 41.295 22.461 1995. 166.823 16.453 74.021 1.741 49.553 25.054 1996. 174.172 22.912 73.709 1.765 50.003 25.784 1997. 180.000 24.823 77.022 1.237 49.851 27.067 1998. 184.507 25.539 80.383 1.139 50.014 27.433 1999. 191.343 32.003 82.758 1.158 47.926 27.497 2000. 197.803 29.837 87.993 1.413 49.486 29.075 2001. 188.275 23.284 86.997 1.356 49.260 27.379 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRINTING AND PUBLISHING (SIC 27) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.130 0.490 0.008 0.278 0.094 1952. 0.121 0.490 0.010 0.274 0.104 1953. 0.121 0.492 0.010 0.272 0.105 1954. 0.115 0.488 0.007 0.280 0.109 1955. 0.129 0.476 0.007 0.276 0.112 1956. 0.125 0.475 0.007 0.276 0.117 1957. 0.123 0.480 0.007 0.271 0.119 1958. 0.114 0.480 0.007 0.277 0.121 1959. 0.127 0.470 0.007 0.279 0.117 1960. 0.120 0.469 0.006 0.283 0.122 1961. 0.114 0.467 0.006 0.289 0.123 1962. 0.122 0.460 0.007 0.286 0.125 1963. 0.125 0.458 0.007 0.280 0.131 1964. 0.140 0.453 0.006 0.279 0.122 1965. 0.146 0.448 0.006 0.276 0.123 1966. 0.153 0.447 0.006 0.272 0.123 1967. 0.138 0.453 0.007 0.269 0.133 1968. 0.143 0.453 0.007 0.266 0.131 1969. 0.142 0.453 0.007 0.264 0.135 1970. 0.126 0.465 0.008 0.260 0.141 1971. 0.139 0.454 0.008 0.257 0.142 1972. 0.137 0.439 0.007 0.268 0.149 1973. 0.136 0.435 0.007 0.275 0.147 1974. 0.114 0.432 0.008 0.298 0.148 1975. 0.134 0.411 0.009 0.299 0.147 1976. 0.133 0.404 0.009 0.309 0.145 1977. 0.144 0.391 0.009 0.309 0.146 1978. 0.138 0.400 0.009 0.313 0.140 1979. 0.133 0.414 0.009 0.307 0.137 1980. 0.119 0.414 0.010 0.321 0.136 1981. 0.122 0.407 0.011 0.327 0.133 1982. 0.130 0.399 0.012 0.329 0.129 1983. 0.138 0.400 0.012 0.320 0.130 1984. 0.143 0.397 0.012 0.324 0.125 1985. 0.153 0.395 0.011 0.315 0.126 1986. 0.156 0.398 0.010 0.309 0.127 1987. 0.153 0.395 0.010 0.307 0.135 1988. 0.141 0.407 0.010 0.308 0.133 1989. 0.149 0.410 0.010 0.299 0.132 1990. 0.139 0.422 0.010 0.295 0.134 1991. 0.144 0.431 0.010 0.281 0.134 1992. 0.148 0.438 0.011 0.265 0.138 1993. 0.125 0.447 0.011 0.273 0.144 1994. 0.132 0.450 0.011 0.264 0.143 1995. 0.099 0.444 0.010 0.297 0.150 1996. 0.132 0.423 0.010 0.287 0.148 1997. 0.138 0.428 0.007 0.277 0.150 1998. 0.138 0.436 0.006 0.271 0.149 1999. 0.167 0.433 0.006 0.250 0.144 2000. 0.151 0.445 0.007 0.250 0.147 2001. 0.124 0.462 0.007 0.262 0.145 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: CHEMICALS AND ALLIED PRODUCTS (SIC 28) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 9.3 3.3 1.6 4.3 9.7 6.8 5.0 4.2 1964. 7.7 4.6 1.6 3.1 5.9 15.2 5.0 2.5 1965. 8.4 6.6 4.0 3.6 9.9 13.4 7.3 1.0 1966. 7.6 8.8 5.4 2.6 10.2 15.1 8.6 -1.0 1967. 1.8 7.9 3.3 2.9 -0.7 12.4 4.4 -2.5 1968. 9.6 5.3 2.6 2.1 1.6 -0.2 2.6 6.8 1969. 7.1 6.2 2.4 3.9 5.2 11.1 5.3 1.8 1970. 1.9 5.2 -1.6 -5.2 -0.9 -0.5 0.1 1.8 1971. 3.9 4.4 -3.3 6.3 -2.1 -1.3 -0.6 4.5 1972. 11.9 3.1 0.4 2.7 14.7 9.2 6.1 5.5 1973. 6.5 3.0 2.4 3.7 2.3 9.0 3.5 2.9 1974. -0.4 5.6 0.7 11.5 31.5 12.8 12.7 -11.6 1975. -12.0 8.0 -5.2 -2.5 -12.2 -0.9 -4.4 -7.9 1976. 10.7 7.0 3.8 10.1 9.2 2.2 6.4 4.1 1977. 7.9 6.9 3.2 -0.1 7.9 8.2 5.9 2.0 1978. 3.6 6.1 2.2 -1.8 5.2 -2.7 3.0 0.6 1979. 0.9 3.8 1.1 -1.6 1.9 5.7 2.2 -1.3 1980. -6.8 3.7 -0.7 -8.4 5.8 -5.0 1.1 -7.8 1981. 1.6 3.3 -0.1 -4.0 3.6 -11.8 0.1 1.5 1982. -8.5 2.8 -5.0 -13.9 -14.1 -21.4 -9.4 1.0 1983. 9.4 0.4 -1.5 2.5 7.5 10.2 3.2 6.0 1984. 6.0 1.6 2.0 3.3 12.9 5.1 5.8 0.2 1985. -1.2 2.5 -0.3 -5.6 -0.6 -2.6 -0.5 -0.7 1986. 4.8 2.2 -2.5 -2.4 1.7 4.2 0.5 4.2 1987. 10.0 1.7 1.3 7.8 4.1 10.4 3.6 6.3 1988. 5.0 1.5 3.3 4.4 7.6 19.2 5.9 -0.8 1989. 1.9 2.8 2.3 3.1 4.0 11.8 4.1 -2.1 1990. 2.7 4.0 1.1 5.8 0.3 5.6 2.4 0.3 1991. -0.8 4.4 -0.8 -0.3 2.6 4.0 2.2 -2.9 1992. 3.5 3.3 1.7 0.9 5.5 6.8 3.8 -0.3 1993. 0.4 3.0 0.2 4.9 3.1 0.6 1.9 -1.5 1994. 3.9 2.4 -2.3 2.1 3.5 -0.5 0.9 2.9 1995. 2.0 2.8 -1.2 1.8 -1.0 5.0 1.0 0.9 1996. 1.6 3.2 -0.6 0.5 1.8 -4.3 0.6 0.9 1997. 6.5 3.4 -0.6 -7.9 8.3 5.3 3.5 2.9 1998. 0.3 4.1 0.9 1.0 0.2 -1.0 1.4 -1.1 1999. 1.0 2.9 0.1 0.1 5.8 -3.3 1.9 -0.9 2000. 0.9 2.4 -2.1 0.7 14.7 2.3 4.4 -3.4 2001. -3.2 1.3 -1.7 -2.0 -4.2 -4.0 -2.1 -1.1 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.9 3.9 0.9 2.8 4.1 4.1 3.0 0.9 1949-1973 6.6 4.3 2.1 5.9 4.3 6.8 3.9 2.5 1973-2001 1.7 3.4 0.0 0.2 3.9 1.9 2.1 -0.4 1973-1979 1.5 6.2 0.9 2.4 6.5 4.1 4.2 -2.5 1979-1990 2.1 2.4 0.0 -0.9 2.8 1.7 1.4 0.7 1990-1995 1.8 3.2 -0.5 1.9 2.7 3.2 2.0 -0.2 1995-2000 2.0 3.2 -0.4 -1.2 6.0 -0.3 2.4 -0.3 2000-2001 -3.2 1.3 -1.7 -2.0 -4.2 -4.0 -2.1 -1.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: CHEMICALS AND ALLIED PRODUCTS (SIC 28) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 14.2 16.1 59.5 21.9 15.8 12.1 23.9 59.4 1953. 19.7 19.4 73.7 29.4 20.7 17.5 30.4 64.9 1954. 19.7 19.9 71.9 40.2 18.6 17.3 29.7 66.2 1955. 22.5 20.5 74.2 52.6 20.6 19.8 32.0 70.3 1956. 23.8 21.3 76.3 59.0 21.4 20.8 33.4 71.4 1957. 24.2 22.3 77.2 59.4 20.9 21.5 33.7 71.9 1958. 23.8 22.3 75.4 57.1 19.8 21.1 32.8 72.5 1959. 27.4 22.7 77.7 60.4 22.1 22.9 34.7 79.1 1960. 27.8 23.4 79.3 61.5 23.1 23.1 35.7 77.9 1961. 28.9 24.3 79.4 63.3 23.5 22.5 36.2 80.0 1962. 31.6 25.2 81.5 64.7 25.7 25.0 38.2 82.9 1963. 34.6 26.0 82.9 67.4 28.2 26.7 40.1 86.3 1964. 37.2 27.2 84.2 69.5 29.8 30.8 42.1 88.5 1965. 40.4 29.0 87.6 72.0 32.8 34.9 45.2 89.4 1966. 43.4 31.6 92.3 73.8 36.1 40.1 49.1 88.6 1967. 44.2 34.1 95.3 76.0 35.9 45.1 51.2 86.4 1968. 48.4 35.9 97.8 77.6 36.5 45.0 52.5 92.2 1969. 51.9 38.1 100.2 80.7 38.4 50.0 55.3 93.9 1970. 52.9 40.1 98.6 76.5 38.0 49.8 55.3 95.6 1971. 54.9 41.8 95.3 81.3 37.2 49.1 55.0 99.9 1972. 61.5 43.1 95.7 83.5 42.7 53.7 58.4 105.3 1973. 65.5 44.4 98.0 86.6 43.7 58.5 60.4 108.4 1974. 65.2 46.9 98.7 96.6 57.5 66.0 68.1 95.9 1975. 57.4 50.6 93.5 94.2 50.4 65.4 65.1 88.3 1976. 63.6 54.2 97.1 103.6 55.1 66.8 69.2 91.9 1977. 68.7 57.9 100.3 103.5 59.4 72.3 73.3 93.7 1978. 71.1 61.4 102.5 101.7 62.5 70.4 75.5 94.2 1979. 71.8 63.8 103.6 100.1 63.7 74.4 77.2 93.0 1980. 66.9 66.2 102.8 91.6 67.4 70.7 78.0 85.8 1981. 67.9 68.4 102.7 88.0 69.8 62.4 78.0 87.0 1982. 62.2 70.3 97.6 75.7 60.0 49.0 70.7 87.9 1983. 68.0 70.5 96.1 77.6 64.5 54.0 72.9 93.2 1984. 72.1 71.7 98.0 80.2 72.8 56.8 77.2 93.4 1985. 71.2 73.4 97.7 75.6 72.3 55.3 76.8 92.8 1986. 74.6 75.0 95.3 73.9 73.6 57.6 77.1 96.7 1987. 82.1 76.3 96.5 79.6 76.6 63.5 79.9 102.8 1988. 86.2 77.5 99.7 83.1 82.4 75.7 84.6 101.9 1989. 87.8 79.6 102.0 85.7 85.7 84.7 88.1 99.7 1990. 90.2 82.8 103.1 90.7 86.0 89.5 90.1 100.1 1991. 89.5 86.5 102.3 90.4 88.2 93.0 92.1 97.2 1992. 92.6 89.3 104.0 91.2 93.0 99.4 95.6 96.9 1993. 93.0 92.0 104.2 95.7 95.9 100.0 97.5 95.4 1994. 96.6 94.3 101.8 97.7 99.2 99.5 98.4 98.2 1995. 98.5 96.9 100.6 99.5 98.3 104.5 99.4 99.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 106.5 103.4 99.4 92.1 108.3 105.3 103.5 102.9 1998. 106.8 107.6 100.4 93.0 108.4 104.2 104.9 101.8 1999. 107.9 110.7 100.5 93.1 114.8 100.8 106.9 100.9 2000. 108.8 113.4 98.4 93.7 131.6 103.1 111.6 97.5 2001. 105.3 114.8 96.7 91.8 126.0 99.0 109.3 96.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: CHEMICALS AND ALLIED PRODUCTS (SIC 28) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -0.8 7.5 3.8 2.2 -0.5 3.1 3.3 4.2 1964. -0.8 1.4 4.8 -0.2 -1.3 2.4 1.7 2.5 1965. 0.7 4.1 1.7 0.4 -1.0 3.3 1.7 1.0 1966. 1.1 -5.8 5.5 3.0 -1.2 2.6 0.1 -1.0 1967. 0.4 -12.7 3.7 0.2 -0.8 2.5 -2.1 -2.5 1968. -0.3 12.9 6.0 2.2 3.8 2.9 6.5 6.8 1969. -0.6 -10.3 7.5 5.0 3.7 2.9 1.2 1.8 1970. 1.1 -5.9 6.3 10.2 4.9 4.5 3.0 1.8 1971. 1.6 7.9 6.6 8.7 4.5 4.8 6.1 4.5 1972. 0.6 9.8 6.0 9.2 3.1 5.5 6.2 5.5 1973. 4.1 7.2 8.1 13.3 6.7 4.2 7.2 2.9 1974. 29.3 4.1 15.0 45.1 20.5 6.8 14.3 -11.6 1975. 20.5 0.9 12.8 24.0 15.3 7.4 11.0 -7.9 1976. 3.9 14.7 7.6 13.4 3.2 8.7 8.2 4.1 1977. 3.3 -0.4 8.2 17.8 3.2 8.2 5.4 2.0 1978. 4.4 -2.0 8.6 13.0 3.8 7.8 5.0 0.6 1979. 12.7 2.7 12.2 17.4 15.8 7.7 11.2 -1.3 1980. 19.3 -8.1 12.6 22.2 15.9 9.0 10.0 -7.8 1981. 10.3 24.6 7.7 18.5 9.3 8.6 12.0 1.5 1982. 1.6 -8.3 12.7 18.9 -3.3 6.2 2.7 1.0 1983. -0.2 19.3 5.8 0.5 -0.4 5.8 5.8 6.0 1984. 3.5 2.9 5.7 1.5 2.4 5.5 3.7 0.2 1985. 0.9 -5.2 5.3 -3.2 -1.5 4.2 0.1 -0.7 1986. -3.5 6.9 7.1 -11.7 -5.9 -0.7 0.6 4.2 1987. 2.4 35.2 2.2 -6.9 2.6 4.7 8.8 6.3 1988. 8.5 15.4 5.5 -5.1 7.0 3.4 7.6 -0.8 1989. 5.5 4.9 2.8 -2.0 3.4 2.3 3.3 -2.1 1990. 1.3 -0.9 5.5 -2.9 -0.1 4.4 1.6 0.3 1991. 2.6 -6.3 6.8 -3.2 -2.9 3.2 -0.4 -2.9 1992. 1.0 0.9 3.4 4.6 -4.7 4.3 0.6 -0.3 1993. 2.3 -0.8 4.3 6.2 -3.4 2.4 0.7 -1.5 1994. 3.0 22.1 0.0 -5.3 0.8 3.6 6.0 2.9 1995. 6.8 8.3 6.9 -6.6 13.5 2.5 7.8 0.9 1996. 0.1 -2.7 0.2 13.6 2.9 3.6 1.0 0.9 1997. 1.2 9.3 6.0 8.2 -3.0 3.3 4.2 2.9 1998. -0.2 -7.0 7.5 -7.6 -4.0 2.9 -1.3 -1.1 1999. 0.2 -4.1 0.1 2.1 0.4 2.6 -0.7 -0.9 2000. 5.7 -11.6 12.7 21.9 3.1 3.3 2.1 -3.4 2001. 0.5 -4.3 0.6 2.2 -0.8 3.1 -0.6 -1.1 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.0 3.0 6.1 4.3 2.4 4.2 4.0 0.9 1949-1973 0.7 2.5 5.7 2.0 1.6 3.6 3.3 2.5 1973-2001 5.0 3.4 6.6 6.3 3.1 4.8 4.6 -0.4 1973-1979 12.0 3.2 10.7 21.3 10.1 7.8 9.1 -2.5 1979-1990 4.3 7.1 6.6 2.2 2.5 4.8 5.0 0.7 1990-1995 3.1 4.4 4.2 -1.0 0.4 3.2 2.9 -0.2 1995-2000 1.4 -3.5 5.2 7.2 -0.2 3.1 1.0 -0.3 2000-2001 0.5 -4.3 0.6 2.2 -0.8 3.1 -0.6 -1.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: CHEMICALS AND ALLIED PRODUCTS (SIC 28) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 23.0 18.0 5.8 14.2 27.6 13.5 13.7 59.4 1953. 25.1 20.8 7.9 17.0 29.9 16.3 16.3 64.9 1954. 25.3 21.2 8.3 14.2 31.4 16.8 16.7 66.2 1955. 25.4 26.7 8.6 13.1 31.0 17.3 17.9 70.3 1956. 25.6 24.7 9.3 13.1 32.6 18.1 18.3 71.4 1957. 26.0 24.2 9.9 13.2 33.4 18.5 18.7 71.9 1958. 26.1 23.9 10.4 12.7 32.9 19.4 18.9 72.5 1959. 26.0 30.2 11.0 13.2 33.1 19.7 20.5 79.1 1960. 26.0 27.1 11.3 13.5 33.1 20.5 20.2 77.9 1961. 25.7 27.8 11.6 13.4 32.9 20.9 20.5 80.0 1962. 25.4 28.6 12.2 13.7 32.9 21.4 21.1 82.9 1963. 25.2 30.8 12.6 14.0 32.7 22.1 21.8 86.3 1964. 25.0 31.2 13.2 14.0 32.3 22.6 22.1 88.5 1965. 25.2 32.5 13.5 14.0 32.0 23.4 22.5 89.4 1966. 25.4 30.6 14.2 14.4 31.6 24.0 22.5 88.6 1967. 25.6 26.7 14.7 14.5 31.4 24.6 22.1 86.4 1968. 25.5 30.2 15.6 14.8 32.6 25.3 23.5 92.2 1969. 25.3 27.1 16.8 15.5 33.8 26.0 23.8 93.9 1970. 25.6 25.5 17.9 17.1 35.4 27.2 24.5 95.6 1971. 26.0 27.5 19.0 18.6 37.0 28.5 26.0 99.9 1972. 26.2 30.2 20.2 20.3 38.2 30.1 27.6 105.3 1973. 27.3 32.4 21.8 23.0 40.7 31.3 29.6 108.4 1974. 35.3 33.7 25.1 33.4 49.1 33.5 33.8 95.9 1975. 42.5 34.0 28.3 41.4 56.6 36.0 37.6 88.3 1976. 44.2 39.0 30.4 46.9 58.4 39.1 40.6 91.9 1977. 45.7 38.9 32.9 55.2 60.3 42.3 42.8 93.7 1978. 47.7 38.1 35.7 62.4 62.6 45.6 45.0 94.2 1979. 53.8 39.1 40.1 73.2 72.5 49.1 50.0 93.0 1980. 64.1 36.0 45.1 89.5 84.0 53.5 55.0 85.8 1981. 70.8 44.8 48.6 106.0 91.7 58.2 61.6 87.0 1982. 71.9 41.1 54.8 126.1 88.7 61.7 63.2 87.9 1983. 71.8 49.0 58.0 126.8 88.3 65.3 66.9 93.2 1984. 74.3 50.4 61.4 128.7 90.5 69.0 69.4 93.4 1985. 74.9 47.8 64.6 124.6 89.1 71.9 69.5 92.8 1986. 72.2 51.1 69.2 110.1 83.8 71.4 69.9 96.7 1987. 74.0 69.1 70.8 102.5 86.0 74.8 76.0 102.8 1988. 80.2 79.7 74.7 97.2 92.0 77.3 81.8 101.9 1989. 84.7 83.6 76.8 95.3 95.1 79.1 84.4 99.7 1990. 85.7 82.8 81.0 92.6 95.0 82.5 85.8 100.1 1991. 87.9 77.6 86.6 89.6 92.3 85.2 85.5 97.2 1992. 88.8 78.3 89.5 93.7 87.9 88.8 86.0 96.9 1993. 90.8 77.7 93.3 99.5 85.0 90.9 86.6 95.4 1994. 93.5 94.9 93.3 94.2 85.6 94.2 91.8 98.2 1995. 99.9 102.7 99.8 88.0 97.2 96.6 99.0 99.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 101.2 109.3 106.0 108.2 97.0 103.3 104.2 102.9 1998. 101.0 101.6 114.0 100.0 93.1 106.3 102.8 101.8 1999. 101.2 97.4 114.0 102.1 93.5 109.1 102.1 100.9 2000. 106.9 86.1 128.6 124.4 96.4 112.7 104.2 97.5 2001. 107.5 82.4 129.3 127.1 95.6 116.1 103.6 96.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: CHEMICALS AND ALLIED PRODUCTS (SIC 28) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 5.8 7.6 4.8 -0.3 2.4 4.2 1964. 2.9 6.0 4.4 1.7 -6.5 2.5 1965. 1.7 4.2 4.7 -1.3 -4.4 1.0 1966. -1.1 2.1 4.9 -2.4 -6.5 -1.0 1967. -5.7 -1.4 -1.1 2.4 -9.5 -2.5 1968. 4.1 6.7 7.3 7.8 9.8 6.8 1969. 0.9 4.7 3.1 1.8 -3.6 1.8 1970. -3.1 3.5 7.5 2.8 2.4 1.8 1971. -0.5 7.4 -2.3 6.1 5.2 4.5 1972. 8.5 11.5 8.9 -2.5 2.5 5.5 1973. 3.4 4.0 2.7 4.1 -2.3 2.9 1974. -5.6 -1.1 -10.7 -24.2 -11.7 -11.6 1975. -18.5 -7.1 -9.7 0.3 -11.1 -7.9 1976. 3.5 6.6 0.6 1.4 8.3 4.1 1977. 1.0 4.6 8.0 0.1 -0.2 2.0 1978. -2.4 1.3 5.4 -1.6 6.4 0.6 1979. -2.8 -0.1 2.6 -1.0 -4.5 -1.3 1980. -10.2 -6.2 1.7 -11.9 -1.9 -7.8 1981. -1.7 1.7 5.8 -2.0 15.2 1.5 1982. -10.9 -3.6 6.3 6.6 16.4 1.0 1983. 9.0 11.1 6.7 1.7 -0.7 6.0 1984. 4.4 4.0 2.7 -6.1 0.9 0.2 1985. -3.6 -1.0 4.7 -0.6 1.5 -0.7 1986. 2.5 7.4 7.3 3.0 0.6 4.2 1987. 8.2 8.6 2.1 5.7 -0.3 6.3 1988. 3.4 1.6 0.5 -2.4 -11.9 -0.8 1989. -0.9 -0.4 -1.1 -2.0 -8.9 -2.1 1990. -1.2 1.6 -2.9 2.4 -2.7 0.3 1991. -5.0 0.0 -0.5 -3.3 -4.6 -2.9 1992. 0.2 1.8 2.6 -1.9 -3.1 -0.3 1993. -2.6 0.2 -4.3 -2.6 -0.3 -1.5 1994. 1.4 6.3 1.7 0.4 4.4 2.9 1995. -0.8 3.2 0.2 3.0 -2.9 0.9 1996. -1.6 2.2 1.0 -0.2 6.1 0.9 1997. 3.0 7.1 15.7 -1.6 1.1 2.9 1998. -3.6 -0.7 -0.7 0.1 1.3 -1.1 1999. -1.9 0.9 0.9 -4.6 4.4 -0.9 2000. -1.5 3.0 0.2 -12.0 -1.4 -3.4 2001. -4.4 -1.5 -1.2 1.1 0.8 -1.1 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 0.1 3.0 1.1 -0.1 -0.2 0.9 1949-1973 2.1 4.4 0.7 2.1 -0.2 2.5 1973-2001 -1.7 1.8 1.5 -2.1 -0.2 -0.4 1973-1979 -4.4 0.6 -0.9 -4.6 -2.5 -2.5 1979-1990 -0.3 2.1 3.0 -0.6 0.4 0.7 1990-1995 -1.4 2.3 -0.1 -0.9 -1.4 -0.2 1995-2000 -1.2 2.5 3.2 -3.8 2.3 -0.3 2000-2001 -4.4 -1.5 -1.2 1.1 0.8 -1.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: CHEMICALS AND ALLIED PRODUCTS (SIC 28) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 125.6 38.8 48.9 123.2 126.5 82.9 1963. 133.0 41.7 51.3 122.8 129.6 86.3 1964. 136.8 44.2 53.6 124.9 121.1 88.5 1965. 139.2 46.1 56.1 123.2 115.8 89.4 1966. 137.6 47.1 58.8 120.2 108.3 88.6 1967. 129.8 46.4 58.2 123.2 98.0 86.4 1968. 135.1 49.5 62.4 132.8 107.6 92.2 1969. 136.2 51.8 64.4 135.2 103.7 93.9 1970. 132.0 53.7 69.2 139.0 106.3 95.6 1971. 131.3 57.7 67.6 147.5 111.8 99.9 1972. 142.5 64.3 73.6 143.9 114.6 105.3 1973. 147.4 66.9 75.6 149.8 111.9 108.4 1974. 139.1 66.1 67.6 113.5 98.9 95.9 1975. 113.4 61.4 61.0 113.9 87.9 88.3 1976. 117.4 65.5 61.4 115.5 95.2 91.9 1977. 118.6 68.5 66.3 115.5 94.9 93.7 1978. 115.7 69.4 69.9 113.7 101.0 94.2 1979. 112.5 69.3 71.7 112.6 96.4 93.0 1980. 101.1 65.0 73.0 99.2 94.6 85.8 1981. 99.4 66.1 77.2 97.3 108.9 87.0 1982. 88.5 63.7 82.1 103.7 126.8 87.9 1983. 96.4 70.8 87.6 105.5 125.9 93.2 1984. 100.6 73.6 90.0 99.1 127.0 93.4 1985. 97.0 72.9 94.2 98.5 128.9 92.8 1986. 99.5 78.3 101.0 101.4 129.6 96.7 1987. 107.6 85.1 103.1 107.2 129.2 102.8 1988. 111.3 86.4 103.6 104.6 113.8 101.9 1989. 110.3 86.1 102.5 102.5 103.7 99.7 1990. 109.0 87.5 99.5 105.0 100.9 100.1 1991. 103.5 87.5 99.0 101.5 96.2 97.2 1992. 103.7 89.0 101.5 99.6 93.2 96.9 1993. 101.1 89.2 97.1 96.9 93.0 95.4 1994. 102.4 94.9 98.8 97.3 97.1 98.2 1995. 101.7 97.9 99.0 100.2 94.2 99.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 103.0 107.1 115.7 98.4 101.1 102.9 1998. 99.3 106.4 114.9 98.5 102.5 101.8 1999. 97.4 107.4 115.9 94.0 107.0 100.9 2000. 95.9 110.6 116.1 82.7 105.5 97.5 2001. 91.7 108.9 114.7 83.6 106.4 96.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: CHEMICALS AND ALLIED PRODUCTS (SIC 28) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 9.096 2.346 2.437 0.357 3.326 0.630 1953. 13.804 3.281 4.106 0.574 4.733 1.109 1954. 13.874 3.431 4.196 0.655 4.461 1.131 1955. 15.954 4.453 4.480 0.790 4.900 1.330 1956. 16.972 4.285 5.001 0.887 5.337 1.461 1957. 17.555 4.382 5.394 0.902 5.338 1.539 1958. 17.276 4.330 5.544 0.833 4.979 1.590 1959. 19.851 5.592 6.000 0.917 5.594 1.748 1960. 20.143 5.168 6.323 0.955 5.860 1.837 1961. 20.702 5.482 6.514 0.976 5.909 1.821 1962. 22.414 5.869 6.987 1.014 6.466 2.078 1963. 24.312 6.516 7.373 1.081 7.054 2.288 1964. 25.954 6.911 7.854 1.113 7.377 2.699 1965. 28.328 7.671 8.309 1.158 8.028 3.162 1966. 30.807 7.866 9.239 1.223 8.746 3.732 1967. 31.489 7.412 9.895 1.261 8.621 4.300 1968. 34.405 8.810 10.769 1.316 9.094 4.416 1969. 36.661 8.396 11.853 1.436 9.927 5.048 1970. 37.787 8.310 12.406 1.501 10.321 5.250 1971. 39.868 9.364 12.781 1.734 10.557 5.432 1972. 44.894 10.604 13.604 1.945 12.481 6.260 1973. 49.798 11.708 15.062 2.285 13.629 7.114 1974. 64.164 12.862 17.445 3.697 21.587 8.573 1975. 68.102 14.011 18.652 4.469 21.848 9.123 1976. 78.383 17.204 20.834 5.576 24.630 10.140 1977. 87.429 18.306 23.267 6.559 27.429 11.867 1978. 94.542 19.034 25.827 7.279 29.952 12.451 1979. 107.502 20.296 29.277 8.409 35.344 14.175 1980. 119.491 19.347 32.728 9.410 43.320 14.686 1981. 133.970 24.920 35.222 10.703 49.052 14.071 1982. 124.597 23.475 37.703 10.957 40.719 11.744 1983. 135.975 28.106 39.297 11.291 43.589 13.692 1984. 149.190 29.387 42.379 11.838 50.402 15.185 1985. 148.636 28.546 44.526 10.816 49.340 15.408 1986. 150.189 31.169 46.530 9.328 47.220 15.941 1987. 169.235 42.854 48.162 9.363 50.425 18.430 1988. 192.724 50.211 52.497 9.277 58.019 22.720 1989. 207.195 54.157 55.244 9.374 62.438 25.981 1990. 215.502 55.787 58.902 9.634 62.535 28.644 1991. 219.355 54.575 62.446 9.296 62.304 30.735 1992. 229.227 56.902 65.645 9.809 62.634 34.237 1993. 235.290 58.137 68.562 10.926 62.379 35.285 1994. 251.649 72.732 66.949 10.566 65.053 36.349 1995. 274.029 80.941 70.765 10.049 73.124 39.152 1996. 278.660 81.340 70.498 11.476 76.553 38.793 1997. 300.293 91.913 74.313 11.432 80.419 42.216 1998. 300.538 88.912 80.652 10.666 77.324 42.984 1999. 304.209 87.728 80.772 10.904 82.132 42.673 2000. 324.185 79.416 89.187 13.381 97.121 45.079 2001. 315.378 76.950 88.206 13.395 92.221 44.606 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: CHEMICALS AND ALLIED PRODUCTS (SIC 28) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.258 0.268 0.039 0.366 0.069 1952. 0.247 0.281 0.039 0.355 0.078 1953. 0.238 0.297 0.042 0.343 0.080 1954. 0.247 0.302 0.047 0.322 0.081 1955. 0.279 0.281 0.050 0.307 0.083 1956. 0.253 0.295 0.052 0.314 0.086 1957. 0.250 0.307 0.051 0.304 0.088 1958. 0.251 0.321 0.048 0.288 0.092 1959. 0.282 0.302 0.046 0.282 0.088 1960. 0.257 0.314 0.047 0.291 0.091 1961. 0.265 0.315 0.047 0.285 0.088 1962. 0.262 0.312 0.045 0.288 0.093 1963. 0.268 0.303 0.044 0.290 0.094 1964. 0.266 0.303 0.043 0.284 0.104 1965. 0.271 0.293 0.041 0.283 0.112 1966. 0.255 0.300 0.040 0.284 0.121 1967. 0.235 0.314 0.040 0.274 0.137 1968. 0.256 0.313 0.038 0.264 0.128 1969. 0.229 0.323 0.039 0.271 0.138 1970. 0.220 0.328 0.040 0.273 0.139 1971. 0.235 0.321 0.043 0.265 0.136 1972. 0.236 0.303 0.043 0.278 0.139 1973. 0.235 0.302 0.046 0.274 0.143 1974. 0.200 0.272 0.058 0.336 0.134 1975. 0.206 0.274 0.066 0.321 0.134 1976. 0.219 0.266 0.071 0.314 0.129 1977. 0.209 0.266 0.075 0.314 0.136 1978. 0.201 0.273 0.077 0.317 0.132 1979. 0.189 0.272 0.078 0.329 0.132 1980. 0.162 0.274 0.079 0.363 0.123 1981. 0.186 0.263 0.080 0.366 0.105 1982. 0.188 0.303 0.088 0.327 0.094 1983. 0.207 0.289 0.083 0.321 0.101 1984. 0.197 0.284 0.079 0.338 0.102 1985. 0.192 0.300 0.073 0.332 0.104 1986. 0.208 0.310 0.062 0.314 0.106 1987. 0.253 0.285 0.055 0.298 0.109 1988. 0.261 0.272 0.048 0.301 0.118 1989. 0.261 0.267 0.045 0.301 0.125 1990. 0.259 0.273 0.045 0.290 0.133 1991. 0.249 0.285 0.042 0.284 0.140 1992. 0.248 0.286 0.043 0.273 0.149 1993. 0.247 0.291 0.046 0.265 0.150 1994. 0.289 0.266 0.042 0.259 0.144 1995. 0.295 0.258 0.037 0.267 0.143 1996. 0.292 0.253 0.041 0.275 0.139 1997. 0.306 0.247 0.038 0.268 0.141 1998. 0.296 0.268 0.035 0.257 0.143 1999. 0.288 0.266 0.036 0.270 0.140 2000. 0.245 0.275 0.041 0.300 0.139 2001. 0.244 0.280 0.042 0.292 0.141 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: PETROLEUM REFINING AND RELATED INDUSTRIES (SIC 29) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 4.1 2.9 -3.4 9.3 3.6 11.2 3.2 0.9 1964. 3.2 1.8 -2.8 6.2 3.0 0.1 2.1 1.1 1965. 3.0 2.6 0.8 2.0 3.3 1.4 2.8 0.2 1966. 4.8 3.5 1.6 4.9 4.6 11.8 4.5 0.3 1967. 4.6 3.2 -1.0 3.2 4.4 14.3 4.2 0.4 1968. 4.6 4.1 0.6 8.2 4.3 -7.4 3.2 1.3 1969. 3.0 4.4 -2.6 -2.5 3.1 3.8 2.7 0.3 1970. 3.5 4.8 4.9 5.5 3.4 -22.4 2.3 1.2 1971. 3.1 4.6 2.6 5.6 3.1 -6.0 2.9 0.2 1972. 5.7 3.8 1.5 -8.9 6.4 -8.3 4.5 1.2 1973. 4.6 1.7 -0.4 0.8 4.0 10.2 3.3 1.2 1974. -4.0 3.2 1.8 13.8 -5.1 35.8 -1.7 -2.4 1975. -0.6 5.1 -3.3 -11.0 -0.2 7.8 0.4 -1.0 1976. 6.9 4.5 3.5 -3.9 7.1 -1.8 5.9 1.0 1977. 6.4 3.6 3.0 3.2 6.2 18.7 5.9 0.5 1978. 1.6 2.2 3.2 -11.5 2.2 -6.2 1.6 -0.1 1979. -1.5 2.4 1.1 11.2 -2.1 42.3 0.3 -1.8 1980. -7.3 6.0 -8.9 -4.2 -8.4 -1.6 -5.9 -1.5 1981. -5.2 5.8 10.5 -2.4 -4.8 -16.7 -2.8 -2.4 1982. -4.2 3.3 -6.1 -1.1 -4.7 -9.9 -3.5 -0.7 1983. -0.1 1.9 -3.5 0.1 0.6 0.6 0.6 -0.6 1984. 5.5 0.2 -2.3 4.6 5.5 -12.4 3.8 1.6 1985. 1.2 -1.2 -6.0 -6.4 1.7 2.7 0.7 0.5 1986. 6.3 -0.9 -4.7 1.6 6.6 -24.4 3.6 2.6 1987. 2.2 -1.5 -1.4 -12.0 2.8 28.0 2.2 0.0 1988. 2.1 -0.6 -2.8 4.1 2.1 2.6 1.4 0.7 1989. 0.0 -0.5 -0.7 0.0 -0.2 13.6 0.2 -0.3 1990. 0.4 0.6 0.8 13.2 -0.1 22.1 1.1 -0.7 1991. -1.1 1.9 -0.3 -1.7 -1.5 -6.7 -1.1 0.1 1992. 2.0 2.9 -0.6 -4.0 1.7 -6.6 1.2 0.7 1993. 3.2 2.9 -3.2 3.0 3.4 -5.1 2.4 0.8 1994. -0.3 2.0 -2.0 -3.6 -0.3 3.2 0.0 -0.3 1995. 1.4 1.7 -4.0 4.2 1.2 6.7 1.3 0.2 1996. 2.7 1.7 -0.6 -3.6 2.5 12.8 2.5 0.1 1997. 3.3 0.0 -2.7 0.5 3.1 4.1 2.2 1.1 1998. 2.4 -1.5 0.3 0.7 2.4 -27.4 -0.6 3.0 1999. -1.5 -1.4 -5.4 2.8 -1.9 19.2 -0.8 -0.7 2000. 1.6 -1.3 -4.7 -1.9 1.5 37.1 2.3 -0.8 2001. -1.0 -1.4 0.3 -0.6 -0.9 -7.5 -1.3 0.3 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.3 2.4 -0.9 1.3 2.2 2.9 2.0 0.4 1949-1973 4.2 3.5 -0.4 3.2 4.1 2.5 3.4 0.8 1973-2001 0.7 1.5 -1.4 -0.4 0.7 3.3 0.8 0.0 1973-1979 1.4 3.5 1.6 -0.2 1.2 14.7 2.0 -0.6 1979-1990 0.0 1.2 -2.4 -0.4 0.0 -0.7 0.1 -0.1 1990-1995 1.0 2.3 -2.0 -0.5 0.9 -1.9 0.7 0.3 1995-2000 1.6 -0.5 -2.7 -0.3 1.5 6.9 1.1 0.5 2000-2001 -1.0 -1.4 0.3 -0.6 -0.9 -7.5 -1.3 0.3 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PETROLEUM REFINING AND RELATED INDUSTRIES (SIC 29) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 31.5 27.9 144.9 52.9 32.9 25.6 37.1 84.7 1953. 41.9 33.9 159.0 62.7 44.1 30.9 47.3 88.7 1954. 42.0 36.2 156.9 44.5 44.5 30.5 47.9 87.8 1955. 45.5 37.5 156.7 54.5 48.0 33.1 50.9 89.4 1956. 48.5 39.0 155.9 60.5 51.1 34.5 53.5 90.6 1957. 48.7 40.8 153.2 65.9 51.3 36.0 54.0 90.0 1958. 48.0 41.7 148.0 66.6 50.5 31.3 53.2 90.1 1959. 50.6 42.0 143.2 75.0 52.8 36.2 55.1 91.9 1960. 52.3 42.1 140.6 78.2 54.1 36.1 55.9 93.6 1961. 52.9 42.4 134.2 81.3 54.3 41.0 56.2 94.2 1962. 55.1 43.7 130.6 81.5 56.8 45.4 58.2 94.8 1963. 57.4 44.9 126.1 89.1 58.8 50.4 60.0 95.7 1964. 59.2 45.7 122.7 94.6 60.6 50.5 61.2 96.7 1965. 61.0 46.9 123.6 96.6 62.6 51.2 62.9 97.0 1966. 64.0 48.5 125.5 101.3 65.5 57.2 65.8 97.3 1967. 66.9 50.1 124.2 104.5 68.4 65.5 68.5 97.7 1968. 70.0 52.1 125.0 113.1 71.3 60.6 70.7 99.0 1969. 72.1 54.4 121.7 110.2 73.6 62.9 72.6 99.3 1970. 74.7 57.1 127.6 116.2 76.0 48.8 74.3 100.5 1971. 77.0 59.7 130.9 122.8 78.3 45.9 76.5 100.7 1972. 81.4 61.9 132.9 111.9 83.4 42.1 79.9 102.0 1973. 85.2 63.0 132.4 112.8 86.7 46.4 82.5 103.2 1974. 81.8 65.0 134.8 128.4 82.3 63.0 81.2 100.8 1975. 81.3 68.3 130.4 114.3 82.1 67.9 81.5 99.7 1976. 86.9 71.4 135.0 109.8 87.9 66.7 86.3 100.7 1977. 92.4 74.0 139.1 113.3 93.4 79.1 91.4 101.2 1978. 93.9 75.6 143.7 100.2 95.4 74.2 92.9 101.1 1979. 92.5 77.4 145.3 111.4 93.4 105.6 93.1 99.3 1980. 85.7 82.0 132.3 106.7 85.6 103.9 87.7 97.8 1981. 81.3 86.7 146.3 104.1 81.5 86.6 85.2 95.4 1982. 77.9 89.6 137.4 103.0 77.6 78.1 82.2 94.7 1983. 77.9 91.3 132.6 103.0 78.1 78.6 82.7 94.1 1984. 82.1 91.5 129.6 107.8 82.4 68.8 85.9 95.7 1985. 83.1 90.4 121.9 100.9 83.8 70.7 86.4 96.2 1986. 88.3 89.6 116.1 102.5 89.3 53.4 89.5 98.7 1987. 90.2 88.2 114.5 90.2 91.9 68.4 91.4 98.7 1988. 92.1 87.7 111.3 93.9 93.7 70.2 92.7 99.4 1989. 92.1 87.3 110.5 93.9 93.5 79.8 92.9 99.2 1990. 92.5 87.8 111.4 106.3 93.4 97.4 94.0 98.5 1991. 91.5 89.4 111.1 104.5 92.0 90.9 92.9 98.5 1992. 93.3 92.1 110.4 100.3 93.6 84.8 94.0 99.2 1993. 96.3 94.8 106.9 103.3 96.8 80.5 96.3 100.1 1994. 96.0 96.7 104.8 99.6 96.4 83.0 96.3 99.7 1995. 97.4 98.4 100.6 103.8 97.6 88.6 97.5 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 103.3 100.0 97.3 100.5 103.1 104.1 102.2 101.1 1998. 105.7 98.6 97.5 101.2 105.6 75.6 101.5 104.1 1999. 104.1 97.2 92.3 104.1 103.6 90.1 100.7 103.3 2000. 105.7 95.9 87.9 102.1 105.2 123.5 103.1 102.5 2001. 104.7 94.6 88.2 101.5 104.3 114.2 101.8 102.8 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PETROLEUM REFINING AND RELATED INDUSTRIES (SIC 29) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -0.6 2.2 4.2 0.8 -1.0 2.7 0.3 0.9 1964. -1.7 0.3 1.2 -4.2 -1.2 2.3 -0.6 1.1 1965. -1.4 3.0 -0.2 -1.7 -2.7 2.9 -1.1 0.2 1966. 0.6 1.6 2.5 1.8 0.3 3.1 0.9 0.3 1967. 3.8 8.0 5.3 1.1 3.2 2.8 4.2 0.4 1968. 0.6 0.9 7.7 -3.8 1.4 3.4 2.0 1.3 1969. 2.8 -7.8 13.3 3.9 4.7 3.2 3.1 0.3 1970. -2.0 -1.2 -1.6 4.1 -1.1 4.9 -0.8 1.2 1971. 4.2 0.2 2.4 6.6 5.9 5.0 4.5 0.2 1972. -1.9 3.4 1.8 13.8 -2.9 5.9 -0.7 1.2 1973. 15.5 24.9 10.2 19.9 16.5 4.6 16.9 1.2 1974. 81.3 53.2 20.8 35.4 98.2 6.7 77.0 -2.4 1975. 17.7 10.1 18.7 59.1 17.1 7.3 16.5 -1.0 1976. 8.5 13.8 9.9 30.8 8.0 8.1 9.5 1.0 1977. 10.4 10.8 10.9 15.4 11.0 8.2 11.0 0.5 1978. 4.6 6.6 6.6 15.6 3.4 8.7 4.6 -0.1 1979. 35.6 29.9 8.5 11.9 38.3 7.5 33.2 -1.8 1980. 50.7 29.1 19.5 30.4 57.7 9.3 48.3 -1.5 1981. 19.3 10.2 2.6 19.4 18.7 8.8 16.3 -2.4 1982. -1.7 -10.7 14.8 17.3 -2.2 6.8 -2.4 -0.7 1983. -8.8 -18.0 0.9 0.4 -8.8 5.6 -9.4 -0.6 1984. -3.9 0.1 1.4 -3.1 -3.3 5.1 -2.3 1.6 1985. -5.5 4.4 4.6 -8.1 -7.7 4.4 -5.1 0.5 1986. -37.8 -42.1 1.8 -13.8 -39.2 0.4 -36.2 2.6 1987. 10.5 20.6 -1.4 -8.3 10.8 4.6 10.4 0.0 1988. -5.2 27.8 -4.7 -7.5 -11.3 3.1 -4.5 0.7 1989. 9.7 -4.2 4.4 2.7 14.3 3.4 9.4 -0.3 1990. 22.5 22.4 7.1 -2.9 24.6 4.8 21.7 -0.7 1991. -8.9 -19.7 6.4 -1.0 -8.3 5.3 -8.8 0.1 1992. -8.3 -15.6 5.3 3.3 -8.2 5.3 -7.7 0.7 1993. -5.9 11.3 4.3 3.6 -10.0 3.8 -5.1 0.8 1994. 0.1 -0.7 6.6 2.1 -1.1 3.5 -0.2 -0.3 1995. 4.8 11.3 -2.4 -8.8 4.8 3.2 4.9 0.2 1996. 15.6 26.9 -2.1 18.5 15.4 3.7 15.7 0.1 1997. -1.0 11.1 6.6 16.7 -4.5 4.2 0.0 1.1 1998. -27.2 -23.3 1.3 -17.4 -30.1 2.9 -25.0 3.0 1999. 20.5 6.5 7.2 12.0 27.6 2.7 19.6 -0.7 2000. 44.3 47.6 0.3 31.1 50.5 3.4 43.2 -0.8 2001. -6.1 3.8 6.0 -2.8 -10.0 2.4 -5.9 0.3 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 4.0 4.0 5.5 6.4 4.2 4.5 4.4 0.4 1949-1973 1.6 1.9 5.2 4.9 2.0 3.7 2.5 0.8 1973-2001 6.1 5.9 5.7 7.7 6.1 5.1 6.1 0.0 1973-1979 24.0 19.7 12.4 27.0 25.9 7.8 23.2 -0.6 1979-1990 2.3 1.2 4.4 1.6 2.2 5.1 2.2 -0.1 1990-1995 -3.8 -3.6 4.0 -0.3 -4.7 4.2 -3.5 0.3 1995-2000 7.7 11.2 2.6 10.9 8.1 3.4 8.2 0.5 2000-2001 -6.1 3.8 6.0 -2.8 -10.0 2.4 -5.9 0.3 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PETROLEUM REFINING AND RELATED INDUSTRIES (SIC 29) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 15.3 17.9 7.6 5.5 13.5 12.0 12.9 84.7 1953. 16.6 19.6 10.0 8.3 15.0 14.6 14.8 88.7 1954. 17.3 19.5 10.5 7.9 15.6 15.0 15.2 87.8 1955. 17.6 21.5 11.2 8.5 15.8 15.5 15.8 89.4 1956. 17.7 21.8 11.8 9.0 16.0 16.1 16.1 90.6 1957. 18.9 20.0 13.0 9.9 17.6 16.5 17.0 90.0 1958. 18.1 18.0 12.9 9.3 16.9 17.4 16.3 90.1 1959. 19.4 20.5 14.9 10.7 18.2 17.7 17.9 91.9 1960. 18.9 20.7 15.0 11.2 17.8 18.5 17.7 93.6 1961. 19.1 20.6 16.2 11.5 18.0 18.9 18.0 94.2 1962. 18.8 20.4 16.5 11.5 17.7 19.4 17.8 94.8 1963. 18.6 20.9 17.2 11.6 17.5 19.9 17.8 95.7 1964. 18.3 20.9 17.4 11.2 17.3 20.4 17.7 96.7 1965. 18.1 21.6 17.3 11.0 16.8 21.0 17.5 97.0 1966. 18.2 21.9 17.8 11.2 16.9 21.6 17.7 97.3 1967. 18.9 23.7 18.7 11.3 17.4 22.2 18.4 97.7 1968. 19.0 23.9 20.1 10.9 17.6 23.0 18.8 99.0 1969. 19.5 22.0 22.8 11.3 18.5 23.7 19.4 99.3 1970. 19.1 21.8 22.5 11.7 18.3 24.9 19.2 100.5 1971. 19.9 21.8 23.0 12.5 19.3 26.1 20.1 100.7 1972. 19.6 22.5 23.4 14.2 18.8 27.7 19.9 102.0 1973. 22.6 28.1 25.8 17.1 21.9 29.0 23.3 103.2 1974. 41.0 43.1 31.2 23.1 43.4 30.9 41.3 100.8 1975. 48.2 47.5 37.0 36.8 50.8 33.2 48.1 99.7 1976. 52.3 54.0 40.7 48.1 54.9 35.9 52.7 100.7 1977. 57.8 59.9 45.1 55.5 60.9 38.8 58.4 101.2 1978. 60.4 63.8 48.1 64.2 63.0 42.2 61.1 101.1 1979. 82.0 82.9 52.2 71.8 87.1 45.3 81.4 99.3 1980. 123.5 107.1 62.4 93.6 137.3 49.6 120.8 97.8 1981. 147.3 118.0 64.0 111.8 163.1 53.9 140.5 95.4 1982. 144.8 105.4 73.5 131.1 159.5 57.6 137.2 94.7 1983. 132.0 86.4 74.1 131.6 145.4 60.9 124.3 94.1 1984. 126.9 86.5 75.1 127.5 140.6 64.0 121.4 95.7 1985. 119.9 90.3 78.6 117.2 129.8 66.8 115.3 96.2 1986. 74.5 52.3 80.0 101.0 78.9 67.1 73.5 98.7 1987. 82.3 63.1 78.9 92.6 87.4 70.2 81.2 98.7 1988. 78.0 80.6 75.2 85.7 77.5 72.4 77.5 99.4 1989. 85.6 77.3 78.5 88.1 88.6 74.8 84.8 99.2 1990. 104.8 94.5 84.1 85.5 110.4 78.4 103.2 98.5 1991. 95.5 75.9 89.4 84.6 101.2 82.6 94.1 98.5 1992. 87.6 64.1 94.1 87.4 93.0 87.0 86.9 99.2 1993. 82.4 71.3 98.2 90.6 83.7 90.3 82.5 100.1 1994. 82.6 70.8 104.7 92.5 82.7 93.4 82.3 99.7 1995. 86.5 78.8 102.1 84.4 86.7 96.4 86.4 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 99.0 111.1 106.6 116.7 95.5 104.2 100.0 101.1 1998. 72.0 85.3 108.0 96.4 66.7 107.3 75.0 104.1 1999. 86.8 90.8 115.8 108.0 85.1 110.2 89.6 103.3 2000. 125.2 134.0 116.2 141.6 128.1 114.0 128.3 102.5 2001. 117.5 139.1 123.1 137.6 115.3 116.8 120.8 102.8 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PETROLEUM REFINING AND RELATED INDUSTRIES (SIC 29) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 1.2 7.8 -4.8 0.5 -6.4 0.9 1964. 1.4 6.1 -2.8 0.2 3.1 1.1 1965. 0.4 2.2 0.9 -0.3 1.6 0.2 1966. 1.3 3.2 -0.1 0.2 -6.2 0.3 1967. 1.4 5.7 1.4 0.2 -8.5 0.4 1968. 0.4 4.0 -3.3 0.3 13.0 1.3 1969. -1.4 5.8 5.7 -0.1 -0.8 0.3 1970. -1.2 -1.3 -1.8 0.2 33.4 1.2 1971. -1.4 0.5 -2.4 0.1 9.7 0.2 1972. 1.9 4.2 16.0 -0.6 15.3 1.2 1973. 2.9 5.0 3.7 0.5 -5.1 1.2 1974. -7.0 -5.7 -15.7 1.2 -29.3 -2.4 1975. -5.4 2.8 11.6 -0.4 -7.8 -1.0 1976. 2.3 3.3 11.3 -0.2 8.9 1.0 1977. 2.7 3.2 3.1 0.2 -10.3 0.5 1978. -0.6 -1.6 14.8 -0.6 8.3 -0.1 1979. -3.8 -2.6 -11.4 0.6 -30.8 -1.8 1980. -12.6 1.7 -3.3 1.1 -5.8 -1.5 1981. -10.3 -14.2 -2.8 -0.4 13.8 -2.4 1982. -7.3 2.0 -3.1 0.6 6.3 -0.7 1983. -2.0 3.5 -0.1 -0.6 -0.7 -0.6 1984. 5.3 7.9 0.9 0.0 20.5 1.6 1985. 2.5 7.6 8.1 -0.5 -1.5 0.5 1986. 7.2 11.5 4.6 -0.3 40.6 2.6 1987. 3.7 3.6 16.1 -0.6 -20.2 0.0 1988. 2.7 5.0 -1.9 0.1 -0.5 0.7 1989. 0.5 0.7 0.0 0.2 -12.0 -0.3 1990. -0.2 -0.4 -11.3 0.6 -17.7 -0.7 1991. -2.9 -0.8 0.7 0.4 6.0 0.1 1992. -0.9 2.6 6.2 0.2 9.2 0.7 1993. 0.3 6.7 0.2 -0.1 8.8 0.8 1994. -2.3 1.7 3.4 0.0 -3.4 -0.3 1995. -0.3 5.6 -2.6 0.3 -4.9 0.2 1996. 1.0 3.3 6.5 0.2 -9.0 0.1 1997. 3.2 6.2 2.7 0.1 -0.8 1.1 1998. 3.9 2.0 1.6 0.0 41.0 3.0 1999. -0.1 4.1 -4.2 0.4 -17.4 -0.7 2000. 2.9 6.6 3.5 0.0 -25.9 -0.8 2001. 0.4 -1.3 -0.4 -0.1 7.0 0.3 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 0.0 3.3 1.1 0.1 -0.6 0.4 1949-1973 0.8 4.6 1.0 0.1 1.7 0.8 1973-2001 -0.7 2.2 1.1 0.1 -2.5 0.0 1973-1979 -2.0 -0.2 1.6 0.1 -11.6 -0.6 1979-1990 -1.1 2.4 0.4 0.0 0.7 -0.1 1990-1995 -1.2 3.1 1.5 0.2 3.0 0.3 1995-2000 2.2 4.4 2.0 0.1 -4.9 0.5 2000-2001 0.4 -1.3 -0.4 -0.1 7.0 0.3 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PETROLEUM REFINING AND RELATED INDUSTRIES (SIC 29) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 126.3 42.2 67.6 97.1 121.5 94.8 1963. 127.8 45.5 64.4 97.6 113.8 95.7 1964. 129.6 48.3 62.6 97.8 117.4 96.7 1965. 130.2 49.4 63.2 97.5 119.2 97.0 1966. 131.9 51.0 63.2 97.7 111.8 97.3 1967. 133.7 53.9 64.0 97.9 102.3 97.7 1968. 134.3 56.0 61.9 98.2 115.6 99.0 1969. 132.5 59.3 65.4 98.0 114.7 99.3 1970. 130.9 58.5 64.2 98.2 152.9 100.5 1971. 129.0 58.8 62.7 98.3 167.7 100.7 1972. 131.5 61.3 72.8 97.7 193.5 102.0 1973. 135.3 64.3 75.5 98.2 183.6 103.2 1974. 125.8 60.6 63.7 99.4 129.8 100.8 1975. 119.0 62.3 71.1 99.0 119.7 99.7 1976. 121.8 64.4 79.1 98.9 130.3 100.7 1977. 125.0 66.4 81.6 99.0 116.9 101.2 1978. 124.3 65.4 93.7 98.4 126.5 101.1 1979. 119.6 63.7 83.1 99.0 87.6 99.3 1980. 104.6 64.8 80.4 100.2 82.5 97.8 1981. 93.8 55.6 78.1 99.8 93.9 95.4 1982. 87.0 56.7 75.7 100.4 99.8 94.7 1983. 85.3 58.7 75.6 99.7 99.1 94.1 1984. 89.7 63.4 76.2 99.7 119.4 95.7 1985. 92.0 68.2 82.4 99.2 117.6 96.2 1986. 98.6 76.1 86.2 98.9 165.4 98.7 1987. 102.3 78.8 100.0 98.2 131.9 98.7 1988. 105.0 82.7 98.1 98.3 131.3 99.4 1989. 105.6 83.3 98.1 98.5 115.4 99.2 1990. 105.3 83.0 87.0 99.0 95.0 98.5 1991. 102.3 82.3 87.6 99.4 100.7 98.5 1992. 101.3 84.5 93.0 99.7 110.0 99.2 1993. 101.6 90.1 93.2 99.5 119.6 100.1 1994. 99.3 91.6 96.4 99.6 115.6 99.7 1995. 99.0 96.8 93.9 99.8 109.9 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 103.2 106.2 102.7 100.1 99.2 101.1 1998. 107.2 108.4 104.4 100.1 139.8 104.1 1999. 107.1 112.8 100.0 100.5 115.5 103.3 2000. 110.2 120.2 103.5 100.5 85.6 102.5 2001. 110.6 118.6 103.1 100.4 91.6 102.8 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PETROLEUM REFINING AND RELATED INDUSTRIES (SIC 29) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 8.360 1.716 1.019 0.104 5.234 0.288 1953. 12.152 2.283 1.469 0.187 7.790 0.423 1954. 12.677 2.426 1.532 0.127 8.164 0.429 1955. 13.951 2.772 1.623 0.166 8.910 0.480 1956. 14.959 2.925 1.699 0.196 9.620 0.520 1957. 16.033 2.797 1.848 0.235 10.596 0.557 1958. 15.125 2.579 1.774 0.224 10.039 0.510 1959. 17.114 2.959 1.981 0.290 11.283 0.600 1960. 17.207 2.999 1.950 0.316 11.317 0.625 1961. 17.571 2.996 2.013 0.337 11.500 0.725 1962. 17.996 3.064 1.992 0.339 11.776 0.824 1963. 18.622 3.220 2.005 0.374 12.082 0.941 1964. 18.899 3.288 1.973 0.380 12.295 0.964 1965. 19.199 3.471 1.983 0.381 12.358 1.005 1966. 20.252 3.648 2.064 0.407 12.974 1.159 1967. 21.984 4.067 2.150 0.425 13.979 1.362 1968. 23.140 4.276 2.331 0.442 14.788 1.304 1969. 24.508 4.119 2.573 0.448 15.971 1.397 1970. 24.871 4.266 2.656 0.491 16.321 1.138 1971. 26.740 4.470 2.789 0.553 17.803 1.123 1972. 27.732 4.796 2.883 0.574 18.389 1.090 1973. 33.499 6.090 3.166 0.694 22.293 1.257 1974. 58.322 9.627 3.895 1.069 41.910 1.821 1975. 68.203 11.141 4.471 1.514 48.969 2.108 1976. 79.112 13.249 5.088 1.902 56.636 2.237 1977. 92.936 15.220 5.813 2.264 66.766 2.873 1978. 98.793 16.572 6.400 2.316 70.575 2.930 1979. 132.012 22.046 7.022 2.880 95.582 4.482 1980. 184.337 30.170 7.646 3.599 138.103 4.819 1981. 208.481 35.149 8.671 4.192 156.097 4.371 1982. 196.319 32.445 9.346 4.861 145.457 4.209 1983. 178.904 27.099 9.102 4.882 133.344 4.476 1984. 181.409 27.197 9.020 4.946 136.125 4.121 1985. 173.407 28.034 8.872 4.258 127.821 4.420 1986. 114.571 16.090 8.603 3.729 82.796 3.354 1987. 129.280 19.122 8.366 3.010 94.290 4.493 1988. 125.087 24.296 7.754 2.898 85.384 4.756 1989. 137.158 23.159 8.034 2.978 97.399 5.588 1990. 168.775 28.521 8.676 3.273 121.155 7.150 1991. 152.165 23.325 9.205 3.184 109.425 7.027 1992. 142.183 20.266 9.628 3.157 102.227 6.906 1993. 138.200 23.221 9.721 3.370 95.088 6.800 1994. 137.963 23.524 10.159 3.318 93.705 7.258 1995. 146.643 26.629 9.517 3.153 99.348 7.996 1996. 174.053 34.357 9.261 3.601 117.475 9.359 1997. 177.849 38.194 9.598 4.226 115.674 10.157 1998. 132.489 28.876 9.757 3.515 82.750 7.592 1999. 157.172 30.328 9.899 4.048 103.604 9.293 2000. 230.293 44.176 9.462 5.206 158.275 13.174 2001. 214.001 45.204 10.060 5.031 141.223 12.484 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PETROLEUM REFINING AND RELATED INDUSTRIES (SIC 29) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.205 0.122 0.012 0.626 0.034 1952. 0.183 0.122 0.014 0.645 0.035 1953. 0.188 0.121 0.015 0.641 0.035 1954. 0.191 0.121 0.010 0.644 0.034 1955. 0.199 0.116 0.012 0.639 0.034 1956. 0.196 0.114 0.013 0.643 0.035 1957. 0.174 0.115 0.015 0.661 0.035 1958. 0.170 0.117 0.015 0.664 0.034 1959. 0.173 0.116 0.017 0.659 0.035 1960. 0.174 0.113 0.018 0.658 0.036 1961. 0.171 0.115 0.019 0.654 0.041 1962. 0.170 0.111 0.019 0.654 0.046 1963. 0.173 0.108 0.020 0.649 0.051 1964. 0.174 0.104 0.020 0.651 0.051 1965. 0.181 0.103 0.020 0.644 0.052 1966. 0.180 0.102 0.020 0.641 0.057 1967. 0.185 0.098 0.019 0.636 0.062 1968. 0.185 0.101 0.019 0.639 0.056 1969. 0.168 0.105 0.018 0.652 0.057 1970. 0.172 0.107 0.020 0.656 0.046 1971. 0.167 0.104 0.021 0.666 0.042 1972. 0.173 0.104 0.021 0.663 0.039 1973. 0.182 0.095 0.021 0.665 0.038 1974. 0.165 0.067 0.018 0.719 0.031 1975. 0.163 0.066 0.022 0.718 0.031 1976. 0.167 0.064 0.024 0.716 0.028 1977. 0.164 0.063 0.024 0.718 0.031 1978. 0.168 0.065 0.023 0.714 0.030 1979. 0.167 0.053 0.022 0.724 0.034 1980. 0.164 0.041 0.020 0.749 0.026 1981. 0.169 0.042 0.020 0.749 0.021 1982. 0.165 0.048 0.025 0.741 0.021 1983. 0.151 0.051 0.027 0.745 0.025 1984. 0.150 0.050 0.027 0.750 0.023 1985. 0.162 0.051 0.025 0.737 0.025 1986. 0.140 0.075 0.033 0.723 0.029 1987. 0.148 0.065 0.023 0.729 0.035 1988. 0.194 0.062 0.023 0.683 0.038 1989. 0.169 0.059 0.022 0.710 0.041 1990. 0.169 0.051 0.019 0.718 0.042 1991. 0.153 0.060 0.021 0.719 0.046 1992. 0.143 0.068 0.022 0.719 0.049 1993. 0.168 0.070 0.024 0.688 0.049 1994. 0.171 0.074 0.024 0.679 0.053 1995. 0.182 0.065 0.022 0.677 0.055 1996. 0.197 0.053 0.021 0.675 0.054 1997. 0.215 0.054 0.024 0.650 0.057 1998. 0.218 0.074 0.027 0.625 0.057 1999. 0.193 0.063 0.026 0.659 0.059 2000. 0.192 0.041 0.023 0.687 0.057 2001. 0.211 0.047 0.024 0.660 0.058 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: RUBBER AND MISCELLANEOUS PLASTICS PRODUCTS (SIC 30) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 5.9 4.4 2.2 3.1 7.2 14.3 5.3 0.5 1964. 9.1 3.9 5.1 8.9 10.2 9.1 7.7 1.3 1965. 11.3 7.3 9.0 13.2 14.0 14.6 11.5 -0.2 1966. 8.9 8.6 8.0 15.1 11.0 11.4 9.8 -0.8 1967. 5.0 9.1 -0.8 0.0 5.5 16.1 4.0 1.0 1968. 12.9 7.7 8.2 13.8 10.9 5.1 9.3 3.3 1969. 7.9 9.3 4.7 7.5 4.9 7.9 5.5 2.2 1970. -5.0 7.3 -4.8 5.9 -1.6 3.1 -1.6 -3.4 1971. 7.5 4.5 0.4 13.1 3.6 0.9 2.5 4.9 1972. 15.9 5.8 10.4 15.7 18.3 18.0 13.8 1.9 1973. 12.0 8.2 9.9 4.9 11.1 12.2 10.3 1.5 1974. -5.5 6.5 -0.9 -4.2 5.0 3.7 2.8 -8.0 1975. -14.2 5.7 -13.9 -4.5 -13.0 -8.6 -11.4 -3.2 1976. 9.6 2.9 7.0 6.4 13.4 7.1 9.8 -0.2 1977. 18.9 4.2 11.4 12.9 22.4 17.1 16.6 2.0 1978. 3.9 4.1 5.2 -0.7 4.3 -1.8 4.1 -0.1 1979. -2.6 3.7 3.0 -3.1 -3.9 1.4 -0.8 -1.8 1980. -9.7 1.5 -8.1 -8.6 -10.9 -7.1 -8.9 -0.8 1981. 5.8 1.4 1.8 1.7 3.8 -0.5 2.6 3.1 1982. -0.8 0.1 -8.6 18.1 -0.7 1.4 -2.7 1.9 1983. 8.7 -0.8 6.5 3.0 7.2 6.6 6.1 2.4 1984. 13.9 2.5 12.4 -3.8 17.1 11.2 13.1 0.7 1985. 3.6 4.2 -1.7 1.1 0.6 0.7 0.2 3.4 1986. 3.0 4.0 1.9 4.6 3.4 4.0 3.0 -0.1 1987. 8.7 2.7 2.9 7.7 9.1 14.4 6.8 1.8 1988. 3.8 2.6 3.1 4.1 2.3 11.5 3.3 0.5 1989. 2.6 3.7 1.6 3.2 -1.2 5.6 0.6 2.0 1990. 2.0 4.2 -0.8 0.5 2.7 6.2 1.9 0.1 1991. -2.0 3.8 -3.4 -1.8 -4.9 1.0 -3.2 1.3 1992. 12.8 3.3 3.8 4.5 15.2 19.7 10.4 2.2 1993. 6.8 4.2 5.2 8.1 6.9 5.5 6.0 0.7 1994. 8.7 5.0 5.5 7.0 8.0 9.1 7.0 1.6 1995. 2.2 6.4 0.9 5.5 1.3 5.2 2.1 0.1 1996. 3.7 6.4 -0.7 -1.8 3.0 -0.6 1.8 2.0 1997. 6.1 6.7 1.9 1.0 4.0 6.0 3.8 2.3 1998. 3.5 7.4 0.8 3.1 2.9 -1.6 2.3 1.1 1999. 3.9 6.8 1.3 4.2 3.9 1.7 3.3 0.6 2000. 2.4 5.3 -1.0 2.3 1.0 0.7 0.9 1.5 2001. -6.5 3.5 -6.8 -5.9 -5.9 -9.4 -5.6 -1.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 4.7 4.9 2.2 4.3 4.7 5.2 3.9 0.7 1949-1973 6.5 5.9 3.8 6.9 6.5 6.9 5.5 1.0 1973-2001 3.1 4.0 0.9 2.1 3.2 3.7 2.5 0.5 1973-1979 1.1 4.5 1.6 0.9 4.1 2.9 3.1 -1.9 1979-1990 3.6 2.4 0.8 2.7 2.8 4.7 2.2 1.4 1990-1995 5.6 4.5 2.4 4.6 5.1 7.9 4.4 1.2 1995-2000 3.9 6.5 0.4 1.7 3.0 1.2 2.4 1.5 2000-2001 -6.5 3.5 -6.8 -5.9 -5.9 -9.4 -5.6 -1.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: RUBBER AND MISCELLANEOUS PLASTICS PRODUCTS (SIC 30) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 10.2 11.3 30.6 11.6 9.6 7.1 14.3 71.3 1953. 14.1 13.3 40.0 11.9 13.1 10.1 18.9 74.7 1954. 13.3 13.5 36.1 14.8 11.9 9.9 17.5 76.3 1955. 15.0 14.5 41.2 13.3 14.2 11.6 20.3 74.0 1956. 14.5 15.4 40.9 12.8 14.4 11.1 20.4 70.8 1957. 14.6 16.3 41.2 12.8 14.8 11.4 20.9 69.8 1958. 14.3 17.5 37.2 17.5 14.4 11.1 20.1 71.2 1959. 17.3 18.1 41.9 18.8 17.1 12.3 23.0 75.2 1960. 17.4 19.3 41.4 19.4 16.9 11.8 22.9 75.8 1961. 17.7 20.4 41.2 19.8 16.5 11.3 22.7 77.8 1962. 19.6 21.4 45.0 22.1 17.8 12.1 24.6 79.6 1963. 20.7 22.4 46.0 22.8 19.1 13.8 25.9 80.0 1964. 22.6 23.3 48.4 24.9 21.1 15.1 27.9 81.1 1965. 25.2 25.0 52.7 28.1 24.0 17.3 31.1 80.9 1966. 27.4 27.1 57.0 32.4 26.7 19.2 34.1 80.2 1967. 28.8 29.6 56.5 32.4 28.1 22.3 35.5 81.0 1968. 32.5 31.9 61.2 36.9 31.2 23.5 38.8 83.7 1969. 35.0 34.8 64.1 39.6 32.7 25.3 40.9 85.5 1970. 33.3 37.4 61.0 42.0 32.2 26.1 40.3 82.6 1971. 35.8 39.1 61.3 47.5 33.4 26.3 41.3 86.7 1972. 41.5 41.3 67.6 54.9 39.5 31.1 47.0 88.3 1973. 46.4 44.7 74.3 57.6 43.9 34.9 51.8 89.7 1974. 43.9 47.6 73.7 55.2 46.1 36.1 53.2 82.5 1975. 37.6 50.3 63.4 52.6 40.1 33.0 47.2 79.8 1976. 41.2 51.8 67.9 56.0 45.5 35.4 51.8 79.7 1977. 49.0 54.0 75.6 63.2 55.7 41.4 60.3 81.3 1978. 51.0 56.2 79.5 62.8 58.0 40.7 62.8 81.2 1979. 49.7 58.2 81.9 60.9 55.8 41.3 62.3 79.7 1980. 44.8 59.1 75.3 55.6 49.7 38.4 56.7 79.1 1981. 47.5 60.0 76.6 56.6 51.6 38.2 58.2 81.5 1982. 47.1 60.0 70.0 66.8 51.2 38.7 56.7 83.1 1983. 51.1 59.6 74.5 68.8 54.9 41.3 60.1 85.1 1984. 58.3 61.1 83.8 66.2 64.2 45.9 68.0 85.7 1985. 60.4 63.7 82.3 66.9 64.6 46.2 68.1 88.6 1986. 62.2 66.2 83.9 70.0 66.8 48.0 70.2 88.6 1987. 67.6 68.0 86.3 75.4 72.9 54.9 74.9 90.1 1988. 70.1 69.7 89.0 78.5 74.6 61.3 77.4 90.6 1989. 72.0 72.3 90.4 81.0 73.7 64.7 77.9 92.4 1990. 73.4 75.3 89.7 81.4 75.7 68.7 79.4 92.5 1991. 72.0 78.1 86.6 79.9 72.1 69.4 76.8 93.7 1992. 81.2 80.7 89.9 83.5 83.0 83.1 84.8 95.7 1993. 86.7 84.1 94.6 90.3 88.7 87.7 90.0 96.4 1994. 94.3 88.4 99.8 96.6 95.8 95.7 96.3 97.9 1995. 96.4 94.0 100.7 101.9 97.1 100.6 98.3 98.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 106.1 106.7 101.9 101.0 104.0 106.0 103.8 102.3 1998. 109.8 114.6 102.7 104.2 107.0 104.3 106.2 103.4 1999. 114.0 122.4 104.1 108.6 111.1 106.1 109.6 104.0 2000. 116.7 128.9 103.0 111.0 112.3 106.8 110.6 105.6 2001. 109.1 133.4 95.9 104.5 105.7 96.8 104.4 104.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: RUBBER AND MISCELLANEOUS PLASTICS PRODUCTS (SIC 30) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 0.8 -4.3 5.1 0.8 -0.1 2.3 1.4 0.5 1964. -1.7 -15.6 7.3 -3.5 -3.1 2.7 -0.4 1.3 1965. 0.1 18.2 -1.9 -1.6 -2.1 3.5 -0.1 -0.2 1966. 2.0 11.2 2.2 -8.5 -1.5 2.8 1.1 -0.8 1967. 0.3 -1.3 6.9 11.6 -2.7 3.0 1.3 1.0 1968. 0.8 17.0 4.7 -6.0 1.2 2.7 4.1 3.3 1969. 0.3 -5.4 5.5 1.7 2.2 2.9 2.5 2.2 1970. 3.8 -29.7 9.4 5.7 0.0 4.5 0.3 -3.4 1971. 2.1 46.4 4.4 3.4 2.5 4.6 7.1 4.9 1972. 2.2 4.7 5.6 12.8 2.2 5.1 4.0 1.9 1973. 3.2 4.4 3.7 11.6 5.5 4.2 4.8 1.5 1974. 21.4 -27.7 11.3 41.0 20.9 6.6 11.7 -8.0 1975. 14.1 25.4 5.2 21.0 11.6 7.2 10.4 -3.2 1976. 6.5 -2.2 10.6 11.5 4.8 7.9 6.3 -0.2 1977. 5.4 31.6 7.4 13.9 3.4 8.4 7.5 2.0 1978. 4.8 -10.3 7.3 10.5 5.2 8.2 4.7 -0.1 1979. 10.9 -4.5 7.7 13.7 11.7 7.7 8.9 -1.8 1980. 11.1 -18.9 11.5 19.6 13.3 9.2 10.2 -0.8 1981. 7.1 35.8 10.2 17.2 7.4 9.1 10.4 3.1 1982. 3.7 11.4 11.6 -5.7 1.8 6.9 5.7 1.9 1983. 1.6 29.2 1.6 4.1 1.7 5.7 4.1 2.4 1984. 2.1 2.7 1.7 15.3 2.6 5.5 2.9 0.7 1985. -0.3 13.4 4.9 0.7 0.2 4.6 3.1 3.4 1986. 0.2 -1.5 3.8 -5.9 -1.5 0.7 0.2 -0.1 1987. 1.5 -9.7 6.7 4.5 3.3 4.7 3.3 1.8 1988. 4.8 -6.7 1.3 -1.5 10.7 3.3 5.4 0.5 1989. 1.7 18.6 1.8 0.6 3.4 1.7 3.8 2.0 1990. 0.8 -14.6 6.6 1.9 -0.3 3.4 0.9 0.1 1991. 0.9 18.4 3.1 0.2 -0.6 1.4 2.2 1.3 1992. -0.3 2.2 7.6 7.8 -2.2 2.0 1.8 2.2 1993. 1.0 11.4 0.4 -0.7 0.7 3.2 1.7 0.7 1994. 1.3 3.8 3.0 -0.9 2.9 3.6 2.9 1.6 1995. 5.0 -8.0 2.7 -4.3 10.1 3.3 5.2 0.1 1996. -0.3 16.5 1.8 3.0 -1.2 3.7 1.7 2.0 1997. -0.3 4.0 3.5 4.5 0.4 3.2 2.0 2.3 1998. -0.5 9.2 4.3 -6.0 -3.4 3.2 0.7 1.1 1999. 0.1 0.1 2.0 2.2 -0.6 3.1 0.6 0.6 2000. 2.2 -18.2 6.7 14.2 7.1 3.1 3.8 1.5 2001. 0.9 -7.5 1.4 4.9 -0.3 3.1 -0.1 -1.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.8 3.2 5.0 4.1 2.5 4.2 3.6 0.7 1949-1973 1.7 4.0 4.8 1.6 1.0 3.6 2.7 1.0 1973-2001 3.7 2.5 5.2 6.2 3.9 4.7 4.3 0.5 1973-1979 10.4 0.0 8.2 18.1 9.5 7.7 8.2 -1.9 1979-1990 3.1 4.1 5.5 4.3 3.8 4.9 4.5 1.4 1990-1995 1.6 5.2 3.3 0.3 2.1 2.7 2.8 1.2 1995-2000 0.3 1.6 3.6 3.4 0.4 3.3 1.7 1.5 2000-2001 0.9 -7.5 1.4 4.9 -0.3 3.1 -0.1 -1.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: RUBBER AND MISCELLANEOUS PLASTICS PRODUCTS (SIC 30) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 24.4 16.7 9.4 15.3 27.9 13.6 17.4 71.3 1953. 29.5 34.4 11.7 16.2 33.3 16.8 22.0 74.7 1954. 29.6 23.8 12.8 17.0 35.1 17.3 22.6 76.3 1955. 31.8 29.5 13.0 15.8 36.3 17.9 23.5 74.0 1956. 33.3 35.7 13.5 16.3 34.3 18.7 23.6 70.8 1957. 33.8 31.5 14.3 17.3 33.5 19.2 23.6 69.8 1958. 34.2 31.2 15.4 17.5 34.1 20.2 24.4 71.2 1959. 33.3 35.2 15.8 17.4 34.5 20.4 25.1 75.2 1960. 32.8 30.3 16.2 17.2 34.3 21.1 24.9 75.8 1961. 32.3 32.2 16.7 17.4 33.9 21.4 25.2 77.8 1962. 32.1 33.0 17.2 17.2 34.0 21.9 25.5 79.6 1963. 32.3 31.6 18.1 17.4 34.0 22.4 25.9 80.0 1964. 31.8 26.7 19.4 16.7 32.9 23.0 25.8 81.1 1965. 31.8 31.5 19.0 16.5 32.2 23.8 25.7 80.9 1966. 32.4 35.0 19.5 15.1 31.7 24.5 26.0 80.2 1967. 32.5 34.6 20.8 16.8 30.9 25.2 26.4 81.0 1968. 32.8 40.4 21.8 15.8 31.2 25.9 27.4 83.7 1969. 32.9 38.2 23.0 16.1 31.9 26.7 28.1 85.5 1970. 34.1 26.9 25.1 17.0 31.9 27.9 28.2 82.6 1971. 34.9 39.3 26.2 17.6 32.7 29.2 30.2 86.7 1972. 35.6 41.2 27.7 19.8 33.4 30.6 31.4 88.3 1973. 36.7 43.0 28.7 22.1 35.3 31.9 32.9 89.7 1974. 44.6 31.1 32.0 31.2 42.7 34.1 36.8 82.5 1975. 50.9 39.0 33.6 37.8 47.6 36.5 40.6 79.8 1976. 54.2 38.2 37.2 42.1 49.9 39.4 43.2 79.7 1977. 57.2 50.2 39.9 48.0 51.6 42.7 46.5 81.3 1978. 59.9 45.1 42.8 53.0 54.3 46.2 48.6 81.2 1979. 66.4 43.0 46.1 60.3 60.7 49.7 53.0 79.7 1980. 73.8 34.9 51.4 72.1 68.7 54.3 58.4 79.1 1981. 79.1 47.4 56.6 84.5 73.9 59.2 64.5 81.5 1982. 82.0 52.8 63.2 79.6 75.2 63.3 68.1 83.1 1983. 83.3 68.2 64.2 82.9 76.5 66.9 70.9 85.1 1984. 85.1 70.0 65.3 95.6 78.5 70.5 72.9 85.7 1985. 84.8 79.4 68.5 96.2 78.6 73.8 75.2 88.6 1986. 85.0 78.2 71.1 90.6 77.5 74.3 75.3 88.6 1987. 86.3 70.6 75.8 94.7 80.0 77.8 77.8 90.1 1988. 90.5 65.9 76.8 93.2 88.6 80.3 82.0 90.6 1989. 92.0 78.2 78.2 93.7 91.6 81.6 85.1 92.4 1990. 92.8 66.7 83.3 95.5 91.3 84.4 85.9 92.5 1991. 93.6 79.0 85.9 95.7 90.8 85.6 87.7 93.7 1992. 93.3 80.7 92.5 103.2 88.7 87.3 89.3 95.7 1993. 94.2 90.0 92.9 102.4 89.4 90.1 90.8 96.4 1994. 95.5 93.3 95.7 101.5 92.0 93.4 93.5 97.9 1995. 100.3 85.8 98.2 97.1 101.2 96.5 98.4 98.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 99.7 104.0 103.5 104.5 100.4 103.2 102.0 102.3 1998. 99.3 113.6 107.9 98.2 97.1 106.5 102.7 103.4 1999. 99.3 113.7 110.1 100.4 96.5 109.8 103.3 104.0 2000. 101.6 93.0 117.5 114.7 103.3 113.2 107.2 105.6 2001. 102.5 86.0 119.1 120.3 103.0 116.8 107.1 104.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: RUBBER AND MISCELLANEOUS PLASTICS PRODUCTS (SIC 30) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 1.4 3.6 2.7 -1.3 -7.4 0.5 1964. 5.0 3.8 0.2 -1.0 0.0 1.3 1965. 3.7 2.1 -1.7 -2.4 -2.9 -0.2 1966. 0.2 0.8 -5.5 -2.0 -2.3 -0.8 1967. -3.7 5.8 5.0 -0.5 -9.5 1.0 1968. 4.8 4.3 -0.8 1.8 7.4 3.3 1969. -1.3 3.0 0.4 2.8 -0.1 2.2 1970. -11.4 -0.2 -10.3 -3.4 -7.8 -3.4 1971. 2.9 7.1 -4.9 3.7 6.6 4.9 1972. 9.5 5.0 0.2 -2.0 -1.8 1.9 1973. 3.5 1.9 6.8 0.8 -0.2 1.5 1974. -11.3 -4.7 -1.3 -10.0 -8.8 -8.0 1975. -18.9 -0.4 -10.2 -1.5 -6.2 -3.2 1976. 6.5 2.4 3.0 -3.4 2.3 -0.2 1977. 14.1 6.7 5.3 -2.9 1.5 2.0 1978. -0.1 -1.2 4.6 -0.3 5.8 -0.1 1979. -6.0 -5.4 0.5 1.4 -3.9 -1.8 1980. -11.0 -1.7 -1.2 1.4 -2.8 -0.8 1981. 4.3 4.0 4.1 2.0 6.4 3.1 1982. -1.0 8.6 -16.0 -0.1 -2.2 1.9 1983. 9.5 2.0 5.5 1.4 1.9 2.4 1984. 11.1 1.4 18.4 -2.7 2.5 0.7 1985. -0.6 5.4 2.5 3.0 2.9 3.4 1986. -1.0 1.1 -1.5 -0.4 -0.9 -0.1 1987. 5.8 5.6 0.9 -0.4 -5.0 1.8 1988. 1.2 0.6 -0.3 1.4 -6.9 0.5 1989. -1.0 1.0 -0.5 3.9 -2.8 2.0 1990. -2.1 2.9 1.5 -0.7 -3.9 0.1 1991. -5.5 1.5 -0.2 3.0 -3.0 1.3 1992. 9.2 8.7 8.0 -2.1 -5.7 2.2 1993. 2.5 1.5 -1.2 -0.1 1.2 0.7 1994. 3.5 3.1 1.6 0.7 -0.4 1.6 1995. -3.9 1.3 -3.1 0.9 -2.8 0.1 1996. -2.5 4.5 5.7 0.7 4.4 2.0 1997. -0.6 4.1 5.0 2.0 0.1 2.3 1998. -3.6 2.7 0.4 0.6 5.2 1.1 1999. -2.8 2.5 -0.3 0.0 2.1 0.6 2000. -2.8 3.4 0.1 1.3 1.6 1.5 2001. -9.7 0.3 -0.6 -0.7 3.2 -1.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.2 2.4 0.3 0.0 -0.5 0.7 1949-1973 0.6 2.7 -0.4 0.0 -0.3 1.0 1973-2001 -0.9 2.2 0.9 -0.1 -0.6 0.5 1973-1979 -3.2 -0.5 0.2 -2.9 -1.7 -1.9 1979-1990 1.2 2.8 0.9 0.8 -1.1 1.4 1990-1995 1.0 3.2 1.0 0.5 -2.2 1.2 1995-2000 -2.5 3.4 2.1 0.9 2.7 1.5 2000-2001 -9.7 0.3 -0.6 -0.7 3.2 -1.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: RUBBER AND MISCELLANEOUS PLASTICS PRODUCTS (SIC 30) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 91.3 43.5 88.4 109.9 162.2 79.6 1963. 92.6 45.1 90.8 108.5 150.2 80.0 1964. 97.2 46.8 91.0 107.4 150.2 81.1 1965. 100.8 47.7 89.4 104.8 145.8 80.9 1966. 101.0 48.1 84.5 102.8 142.5 80.2 1967. 97.2 50.9 88.8 102.3 128.9 81.0 1968. 101.8 53.1 88.1 104.1 138.4 83.7 1969. 100.5 54.7 88.4 107.1 138.3 85.5 1970. 89.0 54.6 79.3 103.4 127.6 82.6 1971. 91.6 58.4 75.4 107.3 136.0 86.7 1972. 100.4 61.3 75.5 105.1 133.5 88.3 1973. 103.9 62.5 80.7 105.9 133.2 89.7 1974. 92.1 59.6 79.6 95.3 121.4 82.5 1975. 74.8 59.3 71.5 93.9 113.9 79.8 1976. 79.6 60.8 73.6 90.7 116.6 79.7 1977. 90.9 64.9 77.6 88.1 118.3 81.3 1978. 90.8 64.1 81.2 87.8 125.2 81.2 1979. 85.3 60.6 81.6 89.0 120.3 79.7 1980. 75.9 59.6 80.6 90.3 116.9 79.1 1981. 79.2 62.0 83.9 92.1 124.3 81.5 1982. 78.4 67.3 70.5 91.9 121.6 83.1 1983. 85.9 68.6 74.3 93.2 123.9 85.1 1984. 95.4 69.6 88.0 90.7 127.0 85.7 1985. 94.8 73.3 90.2 93.4 130.7 88.6 1986. 93.9 74.1 88.8 93.1 129.5 88.6 1987. 99.4 78.3 89.6 92.7 123.0 90.1 1988. 100.6 78.8 89.4 94.0 114.5 90.6 1989. 99.6 79.6 88.9 97.6 111.2 92.4 1990. 97.5 81.9 90.2 97.0 106.9 92.5 1991. 92.1 83.1 90.1 99.9 103.7 93.7 1992. 100.6 90.3 97.2 97.8 97.8 95.7 1993. 103.1 91.7 96.1 97.8 98.9 96.4 1994. 106.7 94.5 97.6 98.5 98.6 97.9 1995. 102.5 95.7 94.6 99.3 95.8 98.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 99.4 104.1 105.0 102.0 100.1 102.3 1998. 95.8 106.9 105.4 102.6 105.3 103.4 1999. 93.2 109.6 105.0 102.6 107.5 104.0 2000. 90.5 113.4 105.1 103.9 109.2 105.6 2001. 81.8 113.7 104.5 103.2 112.7 104.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: RUBBER AND MISCELLANEOUS PLASTICS PRODUCTS (SIC 30) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 3.489 0.255 1.165 0.061 1.886 0.122 1953. 5.850 0.617 1.895 0.067 3.056 0.215 1954. 5.543 0.433 1.872 0.087 2.934 0.217 1955. 6.698 0.575 2.174 0.073 3.613 0.263 1956. 6.774 0.740 2.231 0.073 3.466 0.264 1957. 6.924 0.692 2.399 0.077 3.478 0.279 1958. 6.884 0.735 2.323 0.106 3.435 0.285 1959. 8.104 0.858 2.690 0.114 4.123 0.319 1960. 7.997 0.785 2.722 0.116 4.057 0.316 1961. 8.020 0.886 2.794 0.120 3.912 0.309 1962. 8.815 0.953 3.144 0.132 4.249 0.336 1963. 9.412 0.952 3.377 0.138 4.552 0.393 1964. 10.090 0.835 3.807 0.145 4.862 0.441 1965. 11.240 1.060 4.072 0.161 5.425 0.523 1966. 12.474 1.280 4.493 0.170 5.933 0.599 1967. 13.140 1.377 4.767 0.189 6.091 0.716 1968. 14.943 1.735 5.401 0.203 6.832 0.773 1969. 16.170 1.794 5.970 0.221 7.326 0.858 1970. 15.953 1.353 6.221 0.248 7.208 0.924 1971. 17.508 2.069 6.518 0.290 7.656 0.975 1972. 20.724 2.291 7.593 0.379 9.252 1.210 1973. 23.953 2.590 8.655 0.443 10.850 1.415 1974. 27.485 1.995 9.548 0.598 13.780 1.564 1975. 26.897 2.644 8.646 0.691 13.383 1.533 1976. 31.395 2.661 10.231 0.819 15.913 1.770 1977. 39.336 3.647 12.237 1.054 20.149 2.248 1978. 42.860 3.407 13.807 1.156 22.100 2.389 1979. 46.301 3.374 15.317 1.274 23.726 2.610 1980. 46.465 2.777 15.696 1.393 23.952 2.647 1981. 52.667 3.826 17.595 1.660 26.712 2.873 1982. 54.176 4.268 17.935 1.848 27.011 3.114 1983. 59.816 5.468 19.417 1.981 29.441 3.508 1984. 69.615 5.758 22.187 2.198 35.359 4.113 1985. 71.875 6.805 22.867 2.237 35.636 4.329 1986. 74.179 6.970 24.175 2.202 36.300 4.532 1987. 81.821 6.463 26.541 2.479 40.907 5.430 1988. 89.062 6.185 27.731 2.541 46.351 6.255 1989. 92.985 7.608 28.665 2.637 47.361 6.714 1990. 95.635 6.769 30.299 2.700 48.493 7.373 1991. 94.583 8.312 30.190 2.657 45.875 7.549 1992. 106.380 8.778 33.722 2.994 51.668 9.218 1993. 114.700 10.190 35.628 3.213 55.627 10.042 1994. 126.351 11.106 38.707 3.406 61.780 11.352 1995. 135.674 10.866 40.127 3.438 68.906 12.337 1996. 140.351 13.466 40.558 3.475 70.144 12.709 1997. 148.536 14.949 42.755 3.667 73.260 13.906 1998. 153.008 17.530 44.959 3.555 72.845 14.118 1999. 158.992 18.740 46.448 3.788 75.215 14.801 2000. 166.389 16.152 49.058 4.424 81.381 15.374 2001. 156.916 15.457 46.355 4.367 76.369 14.369 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: RUBBER AND MISCELLANEOUS PLASTICS PRODUCTS (SIC 30) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.073 0.334 0.018 0.541 0.035 1952. 0.121 0.298 0.011 0.536 0.035 1953. 0.105 0.324 0.011 0.522 0.037 1954. 0.078 0.338 0.016 0.529 0.039 1955. 0.086 0.325 0.011 0.539 0.039 1956. 0.109 0.329 0.011 0.512 0.039 1957. 0.100 0.346 0.011 0.502 0.040 1958. 0.107 0.337 0.015 0.499 0.041 1959. 0.106 0.332 0.014 0.509 0.039 1960. 0.098 0.340 0.015 0.507 0.040 1961. 0.110 0.348 0.015 0.488 0.038 1962. 0.108 0.357 0.015 0.482 0.038 1963. 0.101 0.359 0.015 0.484 0.042 1964. 0.083 0.377 0.014 0.482 0.044 1965. 0.094 0.362 0.014 0.483 0.047 1966. 0.103 0.360 0.014 0.476 0.048 1967. 0.105 0.363 0.014 0.464 0.054 1968. 0.116 0.361 0.014 0.457 0.052 1969. 0.111 0.369 0.014 0.453 0.053 1970. 0.085 0.390 0.016 0.452 0.058 1971. 0.118 0.372 0.017 0.437 0.056 1972. 0.111 0.366 0.018 0.446 0.058 1973. 0.108 0.361 0.019 0.453 0.059 1974. 0.073 0.347 0.022 0.501 0.057 1975. 0.098 0.321 0.026 0.498 0.057 1976. 0.085 0.326 0.026 0.507 0.056 1977. 0.093 0.311 0.027 0.512 0.057 1978. 0.079 0.322 0.027 0.516 0.056 1979. 0.073 0.331 0.028 0.512 0.056 1980. 0.060 0.338 0.030 0.515 0.057 1981. 0.073 0.334 0.032 0.507 0.055 1982. 0.079 0.331 0.034 0.499 0.057 1983. 0.091 0.325 0.033 0.492 0.059 1984. 0.083 0.319 0.032 0.508 0.059 1985. 0.095 0.318 0.031 0.496 0.060 1986. 0.094 0.326 0.030 0.489 0.061 1987. 0.079 0.324 0.030 0.500 0.066 1988. 0.069 0.311 0.029 0.520 0.070 1989. 0.082 0.308 0.028 0.509 0.072 1990. 0.071 0.317 0.028 0.507 0.077 1991. 0.088 0.319 0.028 0.485 0.080 1992. 0.083 0.317 0.028 0.486 0.087 1993. 0.089 0.311 0.028 0.485 0.088 1994. 0.088 0.306 0.027 0.489 0.090 1995. 0.080 0.296 0.025 0.508 0.091 1996. 0.096 0.289 0.025 0.500 0.091 1997. 0.101 0.288 0.025 0.493 0.094 1998. 0.115 0.294 0.023 0.476 0.092 1999. 0.118 0.292 0.024 0.473 0.093 2000. 0.097 0.295 0.027 0.489 0.092 2001. 0.099 0.295 0.028 0.487 0.092 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: LEATHER AND LEATHER PRODUCTS (SIC 31) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 1.4 4.0 -2.3 -2.0 1.6 -4.2 -0.5 1.8 1964. 4.5 -1.3 -0.7 5.8 0.2 17.3 0.8 3.7 1965. 3.0 0.2 2.3 11.5 3.0 1.7 2.5 0.6 1966. 1.6 3.6 4.5 10.5 4.4 6.3 4.6 -2.8 1967. 2.7 4.8 -4.7 7.5 0.9 7.4 -0.8 3.6 1968. 3.9 3.1 0.9 14.1 3.5 1.7 2.2 1.7 1969. -4.5 3.7 -6.2 -6.9 -1.1 4.4 -2.9 -1.7 1970. -5.7 -0.7 -6.9 19.0 -4.1 -12.9 -5.7 0.0 1971. -3.3 -1.4 -5.1 -10.2 0.4 -6.9 -3.1 -0.2 1972. 0.5 0.4 0.0 -9.6 15.4 3.1 5.8 -5.1 1973. -1.2 1.5 -6.0 -8.6 -9.3 2.2 -6.4 5.6 1974. -2.2 0.7 -8.1 -7.4 -8.1 7.8 -6.3 4.4 1975. -2.1 -1.9 -7.7 11.6 -7.8 13.0 -5.4 3.5 1976. 3.8 -0.2 7.6 -7.9 10.8 -24.8 4.8 -1.0 1977. -0.1 -0.5 -2.4 -5.6 2.4 18.0 1.1 -1.2 1978. -2.0 2.0 1.7 -3.3 -2.6 -9.8 -1.1 -0.9 1979. -11.8 -0.6 -6.0 -6.7 -10.2 -1.9 -7.1 -5.0 1980. 5.5 0.9 -6.2 1.4 -2.9 1.9 -3.4 9.2 1981. 0.9 -1.1 3.1 -5.7 1.5 -6.9 1.0 -0.1 1982. -9.4 1.2 -10.7 -9.6 -13.9 -12.3 -10.7 1.4 1983. -0.2 -0.4 -3.4 1.2 4.6 -3.6 0.1 -0.3 1984. -8.5 -0.9 -8.4 -8.6 -8.2 -14.3 -7.9 -0.6 1985. -7.0 -1.9 -10.1 -6.0 -6.4 5.2 -6.5 -0.6 1986. -9.6 0.5 -10.8 -3.5 -5.1 -0.3 -6.3 -3.6 1987. 3.2 -2.3 0.3 1.5 0.1 -16.9 -1.5 4.8 1988. -1.0 1.7 -1.0 3.6 -0.2 7.2 0.4 -1.4 1989. -1.9 0.6 -2.9 -12.7 -3.4 4.4 -2.0 0.2 1990. -4.8 1.2 -6.0 -7.7 -5.6 0.1 -4.0 -0.8 1991. -7.9 -2.7 -8.6 1.1 -14.7 -10.1 -9.6 1.8 1992. 5.4 1.9 -0.9 24.1 12.5 12.7 5.4 0.0 1993. -0.8 1.4 1.2 -1.0 9.4 -0.3 3.9 -4.5 1994. -4.3 2.2 -1.5 -11.9 -12.3 -5.0 -5.1 0.8 1995. -7.4 4.6 -9.1 -6.6 -10.4 -14.1 -6.7 -0.7 1996. 0.5 -23.1 -4.2 -11.5 5.1 19.1 -4.3 5.0 1997. 4.9 0.8 -13.2 -2.1 14.8 3.0 0.3 4.5 1998. -5.5 0.3 -7.1 -7.1 -2.2 -9.6 -4.2 -1.4 1999. -6.9 -1.7 -5.6 -5.2 5.2 -8.2 -1.2 -5.7 2000. 0.0 0.7 -7.8 -1.1 -5.2 -5.8 -5.3 5.6 2001. -13.9 -1.3 -15.4 -12.4 -10.7 -13.3 -11.2 -3.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -1.4 -0.1 -3.4 -1.3 0.0 -1.3 -1.6 0.2 1949-1973 0.7 0.6 -1.3 1.6 3.1 0.5 0.6 0.0 1973-2001 -3.1 -0.7 -5.3 -3.8 -2.6 -2.9 -3.4 0.3 1973-1979 -2.5 -0.1 -2.6 -3.4 -2.8 -0.7 -2.4 -0.1 1979-1990 -3.1 0.0 -5.2 -4.3 -3.7 -3.6 -3.8 0.7 1990-1995 -3.1 1.5 -3.9 0.4 -3.8 -3.8 -2.6 -0.5 1995-2000 -1.5 -5.1 -7.6 -5.4 3.3 -0.8 -2.9 1.5 2000-2001 -13.9 -1.3 -15.4 -12.4 -10.7 -13.3 -11.2 -3.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LEATHER AND LEATHER PRODUCTS (SIC 31) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 164.1 105.6 364.2 150.8 99.7 139.6 181.7 90.3 1953. 175.2 103.7 373.6 161.6 115.3 144.1 195.0 89.9 1954. 169.8 105.1 351.5 144.3 126.1 132.3 194.2 87.5 1955. 182.6 107.0 372.2 160.2 135.4 143.6 206.4 88.5 1956. 184.3 106.5 366.1 167.9 139.1 147.8 207.2 89.0 1957. 184.0 106.0 355.0 171.6 143.9 146.9 206.3 89.2 1958. 177.4 104.5 336.7 186.0 138.3 140.6 197.6 89.8 1959. 183.4 104.8 360.4 173.0 177.4 138.7 223.6 82.0 1960. 182.0 106.4 342.3 171.4 176.3 137.5 217.7 83.6 1961. 181.8 104.1 341.6 168.1 179.0 143.6 219.0 83.0 1962. 187.7 102.6 345.6 171.8 182.2 134.1 220.6 85.1 1963. 190.2 106.7 337.7 168.4 185.1 128.5 219.6 86.6 1964. 198.9 105.3 335.5 178.2 185.5 150.7 221.3 89.9 1965. 204.9 105.5 343.3 198.6 191.0 153.3 226.7 90.4 1966. 208.3 109.3 358.9 219.5 199.5 162.9 237.1 87.8 1967. 214.0 114.5 342.1 236.0 201.4 175.0 235.2 91.0 1968. 222.4 118.0 345.3 269.3 208.5 178.0 240.4 92.5 1969. 212.3 122.3 323.7 250.8 206.1 185.8 233.4 90.9 1970. 200.2 121.5 301.3 298.4 197.7 161.9 220.1 90.9 1971. 193.5 119.8 285.9 268.0 198.5 150.6 213.3 90.7 1972. 194.4 120.3 286.0 242.3 229.0 155.3 225.7 86.1 1973. 192.1 122.1 268.7 221.4 207.8 158.8 211.2 91.0 1974. 187.8 123.0 247.0 205.1 191.0 171.1 197.8 94.9 1975. 183.9 120.6 227.9 229.0 176.2 193.3 187.2 98.3 1976. 190.8 120.4 245.2 210.8 195.3 145.4 196.1 97.3 1977. 190.7 119.9 239.3 199.1 199.9 171.7 198.3 96.2 1978. 187.0 122.3 243.3 192.5 194.8 154.8 196.1 95.3 1979. 165.0 121.6 228.8 179.5 174.9 151.8 182.2 90.5 1980. 174.1 122.7 214.6 182.0 169.7 154.7 176.0 98.9 1981. 175.7 121.4 221.2 171.7 172.2 144.1 177.8 98.8 1982. 159.1 122.9 197.4 155.2 148.3 126.3 158.8 100.2 1983. 158.8 122.4 190.8 157.1 155.1 121.8 159.0 99.9 1984. 145.3 121.3 174.7 143.6 142.4 104.4 146.4 99.3 1985. 135.1 119.0 157.1 135.0 133.3 109.9 136.8 98.7 1986. 122.1 119.5 140.2 130.3 126.4 109.5 128.2 95.2 1987. 126.0 116.8 140.7 132.2 126.6 91.0 126.3 99.8 1988. 124.8 118.8 139.3 137.0 126.3 97.5 126.7 98.4 1989. 122.4 119.5 135.3 119.7 122.0 101.8 124.2 98.6 1990. 116.6 121.0 127.2 110.5 115.2 101.9 119.2 97.8 1991. 107.3 117.7 116.2 111.7 98.3 91.6 107.7 99.6 1992. 113.1 120.0 115.1 138.7 110.6 103.2 113.6 99.6 1993. 112.3 121.7 116.5 137.3 121.0 102.9 118.0 95.1 1994. 107.4 124.4 114.8 120.9 106.1 97.7 112.0 95.9 1995. 99.5 130.0 104.4 112.9 95.1 84.0 104.4 95.2 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 104.9 100.8 86.8 97.9 114.8 103.0 100.3 104.5 1998. 99.1 101.2 80.6 91.0 112.3 93.1 96.2 103.0 1999. 92.3 99.5 76.1 86.3 118.1 85.5 95.0 97.2 2000. 92.3 100.2 70.2 85.4 112.0 80.6 90.0 102.6 2001. 79.5 98.9 59.4 74.8 100.1 69.9 79.9 99.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LEATHER AND LEATHER PRODUCTS (SIC 31) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -1.3 14.5 1.0 -4.1 -3.0 2.6 0.5 1.8 1964. 0.0 -13.7 8.0 -2.7 3.0 2.2 3.8 3.7 1965. 2.9 7.8 0.5 -1.0 6.8 2.8 3.5 0.6 1966. 7.9 19.9 1.5 -4.8 6.6 2.9 4.8 -2.8 1967. 0.0 8.0 8.5 -1.8 -2.7 2.8 3.5 3.6 1968. 2.6 -3.6 10.6 -0.5 -1.1 3.4 4.3 1.7 1969. 4.7 -19.9 7.1 1.1 2.8 3.7 2.9 -1.7 1970. 2.5 2.2 5.2 -1.4 -1.2 4.7 2.5 0.0 1971. 2.9 2.3 4.4 6.6 -0.3 5.0 2.6 -0.2 1972. 9.7 -42.1 6.0 10.3 10.4 5.8 4.1 -5.1 1973. 8.1 87.8 7.7 10.5 16.0 4.5 14.2 5.6 1974. 4.5 3.4 9.7 32.5 9.4 7.0 9.1 4.4 1975. 3.9 22.4 4.3 15.5 8.1 7.2 7.5 3.5 1976. 10.9 36.4 6.6 10.6 8.3 7.6 9.8 -1.0 1977. 5.9 -17.8 8.3 20.4 5.5 8.2 4.7 -1.2 1978. 10.6 14.7 5.9 7.2 12.7 8.1 9.6 -0.9 1979. 22.7 17.2 12.4 14.4 22.2 7.7 16.5 -5.0 1980. 3.3 63.7 12.5 21.0 2.5 9.4 12.8 9.2 1981. 6.4 -3.2 8.2 19.3 6.8 9.0 6.3 -0.1 1982. 1.6 -3.3 3.8 8.4 3.3 7.0 3.0 1.4 1983. 2.7 -7.1 6.4 7.3 0.8 6.1 2.4 -0.3 1984. 4.3 -6.1 4.0 1.5 6.1 5.3 3.7 -0.6 1985. 1.2 14.2 -0.5 -4.1 -2.7 4.3 0.6 -0.6 1986. 2.3 -28.2 5.2 -10.3 2.0 0.7 -1.3 -3.6 1987. 5.1 64.9 2.4 -1.8 5.1 4.5 10.2 4.8 1988. 8.0 21.4 2.5 -5.1 5.0 3.4 6.4 -1.4 1989. 3.4 7.4 3.2 -0.7 2.7 1.3 3.6 0.2 1990. 3.9 1.3 5.2 1.8 2.1 3.6 3.1 -0.8 1991. 0.3 10.9 1.4 -6.7 -2.3 3.5 2.1 1.8 1992. 1.0 1.1 5.0 8.4 -3.9 3.2 0.9 0.0 1993. 1.9 -16.7 1.9 -0.7 0.7 2.3 -2.7 -4.5 1994. 2.7 15.0 0.4 -2.5 0.6 3.4 3.6 0.8 1995. 3.6 8.6 -2.0 -5.7 4.2 2.6 2.9 -0.7 1996. -1.0 -7.8 17.6 27.2 -1.0 3.4 4.0 5.0 1997. 2.1 13.8 11.4 1.5 -0.3 3.3 6.7 4.5 1998. -0.9 -10.9 3.7 -10.8 -3.9 2.7 -2.3 -1.4 1999. -0.3 -37.2 5.0 6.8 -2.0 2.7 -6.0 -5.7 2000. 1.4 29.3 4.1 20.7 2.8 3.3 7.0 5.6 2001. 4.1 -19.3 9.3 0.8 2.3 3.2 0.9 -3.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.3 3.5 5.1 3.2 1.8 4.2 3.5 0.2 1949-1973 2.5 2.7 4.5 0.4 0.0 3.6 2.6 0.0 1973-2001 4.0 4.3 5.6 5.7 3.3 4.8 4.4 0.3 1973-1979 9.6 11.4 7.8 16.5 10.9 7.6 9.5 -0.1 1979-1990 3.8 8.2 4.8 3.0 3.0 4.9 4.5 0.7 1990-1995 1.9 3.1 1.3 -1.6 -0.2 3.0 1.3 -0.5 1995-2000 0.3 -5.4 8.2 8.2 -0.9 3.1 1.8 1.5 2000-2001 4.1 -19.3 9.3 0.8 2.3 3.2 0.9 -3.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LEATHER AND LEATHER PRODUCTS (SIC 31) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 19.3 10.9 10.5 22.5 39.7 13.5 17.4 90.3 1953. 20.5 13.7 12.8 25.0 33.4 16.4 18.4 89.9 1954. 19.9 15.1 13.1 23.2 27.3 16.8 17.4 87.5 1955. 19.9 11.3 13.6 22.5 28.0 17.3 17.6 88.5 1956. 21.0 14.9 14.2 22.5 29.2 18.1 18.7 89.0 1957. 21.1 14.6 14.9 22.7 27.9 18.5 18.8 89.2 1958. 21.2 10.5 15.6 20.9 28.9 19.4 19.1 89.8 1959. 23.8 15.1 16.0 21.6 27.9 19.7 19.5 82.0 1960. 23.5 15.5 16.4 21.7 27.0 20.5 19.6 83.6 1961. 23.5 12.7 16.7 22.1 26.9 20.8 19.5 83.0 1962. 23.9 16.9 16.9 22.2 27.8 21.3 20.3 85.1 1963. 23.6 19.3 17.1 21.3 27.0 21.9 20.4 86.6 1964. 23.6 16.7 18.5 20.7 27.8 22.3 21.2 89.9 1965. 24.3 18.0 18.6 20.5 29.7 23.0 22.0 90.4 1966. 26.2 21.6 18.8 19.5 31.6 23.6 23.0 87.8 1967. 26.2 23.3 20.4 19.1 30.7 24.3 23.8 91.0 1968. 26.9 22.5 22.6 19.0 30.4 25.1 24.9 92.5 1969. 28.1 18.0 24.2 19.2 31.3 26.1 25.6 90.9 1970. 28.8 18.4 25.5 19.0 30.9 27.3 26.2 90.9 1971. 29.7 18.8 26.6 20.2 30.8 28.7 26.9 90.7 1972. 32.5 10.9 28.2 22.3 34.0 30.3 28.0 86.1 1973. 35.2 20.4 30.4 24.6 39.4 31.7 32.0 91.0 1974. 36.8 21.1 33.3 32.6 43.1 33.9 34.9 94.9 1975. 38.2 25.9 34.8 37.7 46.6 36.3 37.5 98.3 1976. 42.4 35.3 37.1 41.7 50.5 39.0 41.2 97.3 1977. 44.9 29.0 40.1 50.2 53.2 42.3 43.2 96.2 1978. 49.6 33.3 42.5 53.8 60.0 45.7 47.3 95.3 1979. 60.9 39.0 47.8 61.6 73.3 49.2 55.1 90.5 1980. 62.9 63.9 53.7 74.5 75.2 53.8 62.2 98.9 1981. 66.9 61.8 58.1 88.9 80.2 58.7 66.1 98.8 1982. 68.0 59.8 60.3 96.4 82.9 62.8 68.1 100.2 1983. 69.8 55.5 64.2 103.4 83.6 66.6 69.8 99.9 1984. 72.8 52.2 66.7 105.0 88.7 70.1 72.3 99.3 1985. 73.7 59.6 66.4 100.7 86.3 73.2 72.8 98.7 1986. 75.4 42.8 69.9 90.3 88.0 73.7 71.8 95.2 1987. 79.2 70.5 71.6 88.7 92.5 77.0 79.1 99.8 1988. 85.5 85.6 73.3 84.2 97.1 79.6 84.2 98.4 1989. 88.5 91.9 75.7 83.7 99.8 80.6 87.2 98.6 1990. 91.9 93.1 79.6 85.2 101.9 83.4 89.9 97.8 1991. 92.2 103.3 80.7 79.5 99.6 86.4 91.9 99.6 1992. 93.1 104.4 84.8 86.1 95.7 89.1 92.7 99.6 1993. 94.9 86.9 86.4 85.5 96.4 91.2 90.2 95.1 1994. 97.5 99.9 86.7 83.4 97.0 94.3 93.4 95.9 1995. 101.0 108.5 85.0 78.6 101.0 96.7 96.2 95.2 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 102.1 113.8 111.4 101.5 99.7 103.3 106.7 104.5 1998. 101.2 101.4 115.6 90.6 95.9 106.1 104.3 103.0 1999. 100.9 63.7 121.4 96.7 94.0 109.0 98.0 97.2 2000. 102.3 82.4 126.3 116.7 96.6 112.6 104.9 102.6 2001. 106.4 66.5 138.1 117.7 98.8 116.2 105.9 99.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LEATHER AND LEATHER PRODUCTS (SIC 31) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. -2.5 3.7 3.4 -0.2 5.8 1.8 1964. 5.9 5.2 -1.2 4.3 -10.8 3.7 1965. 2.8 0.7 -7.6 0.1 1.3 0.6 1966. -1.8 -2.8 -8.0 -2.7 -4.4 -2.8 1967. -1.9 7.8 -4.5 1.8 -4.3 3.6 1968. 0.8 3.0 -8.9 0.4 2.2 1.7 1969. -7.9 1.8 2.5 -3.4 -8.5 -1.7 1970. -5.1 1.3 -20.8 -1.7 8.2 0.0 1971. -1.9 1.9 7.6 -3.7 3.9 -0.2 1972. 0.1 0.5 11.2 -12.9 -2.5 -5.1 1973. -2.7 5.1 8.1 8.9 -3.3 5.6 1974. -2.9 6.4 5.5 6.4 -9.3 4.4 1975. -0.1 6.1 -12.3 6.2 -13.3 3.5 1976. 3.9 -3.5 12.7 -6.4 37.9 -1.0 1977. 0.4 2.4 5.8 -2.4 -15.3 -1.2 1978. -3.9 -3.6 1.4 0.6 8.7 -0.9 1979. -11.3 -6.2 -5.4 -1.7 -10.0 -5.0 1980. 4.6 12.5 4.0 8.7 3.6 9.2 1981. 2.1 -2.0 7.0 -0.5 8.4 -0.1 1982. -10.5 1.5 0.2 5.1 3.3 1.4 1983. 0.2 3.3 -1.4 -4.6 3.5 -0.3 1984. -7.7 -0.1 0.1 -0.3 6.7 -0.6 1985. -5.2 3.4 -1.1 -0.7 -11.7 -0.6 1986. -10.1 1.3 -6.4 -4.7 -9.3 -3.6 1987. 5.6 2.9 1.7 3.1 24.2 4.8 1988. -2.6 0.0 -4.5 -0.8 -7.7 -1.4 1989. -2.5 1.0 12.3 1.6 -6.0 0.2 1990. -5.9 1.3 3.2 0.8 -4.9 -0.8 1991. -5.4 0.7 -9.0 7.9 2.4 1.8 1992. 3.4 6.4 -15.1 -6.3 -6.4 0.0 1993. -2.2 -1.9 0.2 -9.3 -0.5 -4.5 1994. -6.4 -2.9 8.6 9.1 0.7 0.8 1995. -11.4 1.9 -0.9 3.3 7.8 -0.7 1996. 30.7 4.9 13.5 -4.4 -15.6 5.0 1997. 4.0 20.8 7.1 -8.6 1.8 4.5 1998. -5.8 1.7 1.7 -3.4 4.5 -1.4 1999. -5.3 -1.3 -1.7 -11.5 1.4 -5.7 2000. -0.7 8.5 1.0 5.4 6.1 5.6 2001. -12.8 1.8 -1.7 -3.6 -0.7 -3.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -1.3 2.1 0.0 -1.4 -0.1 0.2 1949-1973 0.1 1.9 -0.9 -2.4 0.1 0.0 1973-2001 -2.4 2.3 0.7 -0.5 -0.2 0.3 1973-1979 -2.4 0.1 1.0 0.3 -1.8 -0.1 1979-1990 -3.1 2.2 1.3 0.6 0.5 0.7 1990-1995 -4.5 0.8 -3.5 0.7 0.7 -0.5 1995-2000 3.8 6.6 4.2 -4.7 -0.7 1.5 2000-2001 -12.8 1.8 -1.7 -3.6 -0.7 -3.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LEATHER AND LEATHER PRODUCTS (SIC 31) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 183.0 54.3 109.2 103.0 140.0 85.1 1963. 178.3 56.3 113.0 102.8 148.0 86.6 1964. 188.9 59.3 111.6 107.2 132.0 89.9 1965. 194.2 59.7 103.1 107.3 133.7 90.4 1966. 190.6 58.0 94.9 104.4 127.8 87.8 1967. 186.9 62.5 90.7 106.3 122.3 91.0 1968. 188.4 64.4 82.6 106.6 124.9 92.5 1969. 173.6 65.6 84.6 103.0 114.3 90.9 1970. 164.7 66.4 67.1 101.2 123.6 90.9 1971. 161.6 67.7 72.2 97.5 128.4 90.7 1972. 161.7 68.0 80.3 84.9 125.2 86.1 1973. 157.3 71.5 86.8 92.4 121.0 91.0 1974. 152.7 76.0 91.6 98.3 109.8 94.9 1975. 152.5 80.7 80.3 104.4 95.1 98.3 1976. 158.5 77.8 90.5 97.7 131.2 97.3 1977. 159.1 79.7 95.8 95.4 111.1 96.2 1978. 152.9 76.8 97.1 96.0 120.8 95.3 1979. 135.6 72.1 91.9 94.4 108.7 90.5 1980. 141.8 81.1 95.7 102.6 112.6 98.9 1981. 144.8 79.5 102.3 102.1 122.0 98.8 1982. 129.5 80.6 102.5 107.3 126.0 100.2 1983. 129.8 83.3 101.1 102.4 130.4 99.9 1984. 119.8 83.2 101.2 102.0 139.2 99.3 1985. 113.6 86.0 100.1 101.4 122.9 98.7 1986. 102.2 87.1 93.7 96.6 111.5 95.2 1987. 107.9 89.6 95.3 99.6 138.5 99.8 1988. 105.0 89.6 91.1 98.8 127.9 98.4 1989. 102.4 90.5 102.3 100.3 120.3 98.6 1990. 96.4 91.7 105.5 101.2 114.4 97.8 1991. 91.2 92.3 96.1 109.2 117.1 99.6 1992. 94.3 98.3 81.6 102.3 109.6 99.6 1993. 92.3 96.4 81.8 92.8 109.1 95.1 1994. 86.3 93.6 88.8 101.2 109.9 95.9 1995. 76.5 95.3 88.1 104.6 118.4 95.2 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 104.0 120.8 107.1 91.4 101.8 104.5 1998. 97.9 122.9 108.9 88.3 106.4 103.0 1999. 92.8 121.3 107.0 78.1 107.9 97.2 2000. 92.1 131.5 108.1 82.4 114.5 102.6 2001. 80.3 133.8 106.2 79.4 113.7 99.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LEATHER AND LEATHER PRODUCTS (SIC 31) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 2.330 0.161 1.026 0.029 0.977 0.136 1953. 2.637 0.199 1.283 0.034 0.951 0.170 1954. 2.492 0.222 1.230 0.029 0.851 0.160 1955. 2.669 0.170 1.352 0.031 0.938 0.179 1956. 2.847 0.222 1.396 0.032 1.004 0.192 1957. 2.855 0.216 1.415 0.033 0.994 0.196 1958. 2.772 0.154 1.401 0.033 0.987 0.197 1959. 3.212 0.222 1.539 0.032 1.223 0.197 1960. 3.141 0.231 1.499 0.032 1.177 0.203 1961. 3.148 0.185 1.524 0.032 1.192 0.215 1962. 3.299 0.243 1.566 0.033 1.252 0.206 1963. 3.302 0.289 1.546 0.031 1.233 0.202 1964. 3.452 0.246 1.659 0.031 1.273 0.243 1965. 3.661 0.266 1.705 0.035 1.401 0.254 1966. 4.013 0.330 1.810 0.037 1.559 0.278 1967. 4.121 0.374 1.872 0.039 1.531 0.307 1968. 4.394 0.371 2.089 0.044 1.568 0.322 1969. 4.390 0.308 2.098 0.041 1.594 0.349 1970. 4.245 0.313 2.055 0.048 1.510 0.318 1971. 4.221 0.315 2.036 0.046 1.511 0.311 1972. 4.653 0.183 2.159 0.046 1.925 0.339 1973. 4.971 0.350 2.185 0.047 2.027 0.362 1974. 5.080 0.364 2.204 0.057 2.037 0.418 1975. 5.169 0.437 2.121 0.074 2.031 0.506 1976. 5.948 0.595 2.432 0.075 2.437 0.409 1977. 6.297 0.487 2.571 0.085 2.631 0.523 1978. 6.826 0.570 2.769 0.088 2.889 0.510 1979. 7.391 0.665 2.925 0.094 3.168 0.538 1980. 8.053 1.098 3.086 0.116 3.153 0.600 1981. 8.646 1.051 3.440 0.130 3.416 0.609 1982. 7.956 1.029 3.188 0.128 3.040 0.571 1983. 8.157 0.951 3.277 0.139 3.205 0.585 1984. 7.786 0.886 3.121 0.129 3.122 0.528 1985. 7.323 0.992 2.792 0.116 2.843 0.580 1986. 6.771 0.716 2.622 0.100 2.751 0.582 1987. 7.345 1.153 2.694 0.100 2.894 0.505 1988. 7.849 1.424 2.734 0.099 3.034 0.559 1989. 7.966 1.539 2.741 0.085 3.010 0.591 1990. 7.883 1.578 2.709 0.080 2.903 0.613 1991. 7.280 1.702 2.511 0.076 2.420 0.570 1992. 7.746 1.753 2.612 0.102 2.616 0.663 1993. 7.832 1.480 2.692 0.100 2.883 0.676 1994. 7.697 1.740 2.663 0.086 2.544 0.664 1995. 7.386 1.975 2.374 0.076 2.376 0.586 1996. 7.354 1.400 2.676 0.085 2.472 0.721 1997. 7.877 1.607 2.590 0.085 2.829 0.767 1998. 7.373 1.436 2.495 0.070 2.660 0.712 1999. 6.845 0.887 2.472 0.071 2.743 0.672 2000. 6.940 1.156 2.372 0.085 2.673 0.654 2001. 6.220 0.921 2.194 0.075 2.444 0.585 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LEATHER AND LEATHER PRODUCTS (SIC 31) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.069 0.441 0.012 0.420 0.058 1952. 0.088 0.471 0.012 0.368 0.061 1953. 0.075 0.486 0.013 0.361 0.064 1954. 0.089 0.494 0.011 0.341 0.064 1955. 0.064 0.507 0.012 0.351 0.067 1956. 0.078 0.490 0.011 0.353 0.068 1957. 0.076 0.496 0.012 0.348 0.069 1958. 0.056 0.505 0.012 0.356 0.071 1959. 0.069 0.479 0.010 0.381 0.061 1960. 0.073 0.477 0.010 0.375 0.065 1961. 0.059 0.484 0.010 0.379 0.068 1962. 0.074 0.475 0.010 0.380 0.062 1963. 0.088 0.468 0.009 0.374 0.061 1964. 0.071 0.481 0.009 0.369 0.070 1965. 0.073 0.466 0.009 0.383 0.069 1966. 0.082 0.451 0.009 0.388 0.069 1967. 0.091 0.454 0.009 0.371 0.074 1968. 0.084 0.475 0.010 0.357 0.073 1969. 0.070 0.478 0.009 0.363 0.079 1970. 0.074 0.484 0.011 0.356 0.075 1971. 0.075 0.482 0.011 0.358 0.074 1972. 0.039 0.464 0.010 0.414 0.073 1973. 0.070 0.440 0.009 0.408 0.073 1974. 0.072 0.434 0.011 0.401 0.082 1975. 0.085 0.410 0.014 0.393 0.098 1976. 0.100 0.409 0.013 0.410 0.069 1977. 0.077 0.408 0.014 0.418 0.083 1978. 0.084 0.406 0.013 0.423 0.075 1979. 0.090 0.396 0.013 0.429 0.073 1980. 0.136 0.383 0.014 0.392 0.075 1981. 0.122 0.398 0.015 0.395 0.070 1982. 0.129 0.401 0.016 0.382 0.072 1983. 0.117 0.402 0.017 0.393 0.072 1984. 0.114 0.401 0.017 0.401 0.068 1985. 0.135 0.381 0.016 0.388 0.079 1986. 0.106 0.387 0.015 0.406 0.086 1987. 0.157 0.367 0.014 0.394 0.069 1988. 0.181 0.348 0.013 0.386 0.071 1989. 0.193 0.344 0.011 0.378 0.074 1990. 0.200 0.344 0.010 0.368 0.078 1991. 0.234 0.345 0.010 0.332 0.078 1992. 0.226 0.337 0.013 0.338 0.086 1993. 0.189 0.344 0.013 0.368 0.086 1994. 0.226 0.346 0.011 0.331 0.086 1995. 0.267 0.321 0.010 0.322 0.079 1996. 0.190 0.364 0.012 0.336 0.098 1997. 0.204 0.329 0.011 0.359 0.097 1998. 0.195 0.338 0.010 0.361 0.097 1999. 0.130 0.361 0.010 0.401 0.098 2000. 0.167 0.342 0.012 0.385 0.094 2001. 0.148 0.353 0.012 0.393 0.094 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: DURABLE GOODS (SIC 24, 25, 32-39) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 6.3 3.2 1.8 4.9 1.9 13.3 2.8 3.4 1964. 6.4 3.3 2.8 11.6 2.0 4.9 3.1 3.3 1965. 12.7 6.1 7.4 7.1 16.5 9.3 8.9 3.5 1966. 10.3 8.5 8.6 7.8 12.2 18.0 9.9 0.4 1967. 1.3 10.2 -0.7 8.6 -1.2 14.7 2.5 -1.2 1968. 6.1 5.2 1.4 6.4 7.9 0.0 3.3 2.7 1969. 3.0 5.8 1.5 5.4 1.4 5.9 2.7 0.3 1970. -8.4 4.6 -7.9 -1.3 -9.3 -4.5 -5.9 -2.6 1971. 2.8 2.5 -5.1 -2.1 11.9 -1.1 -0.2 3.0 1972. 10.9 2.8 6.0 5.5 14.5 7.2 7.3 3.3 1973. 12.0 6.1 7.7 3.9 12.6 13.0 8.8 2.9 1974. -4.5 7.2 -1.8 0.6 -3.3 5.8 -0.2 -4.3 1975. -8.9 4.8 -11.9 -8.9 1.9 -7.9 -6.2 -2.9 1976. 10.5 2.7 4.6 4.7 14.4 2.9 6.5 3.8 1977. 10.9 4.3 5.4 1.8 19.5 9.2 8.9 1.9 1978. 7.4 5.1 5.9 4.8 10.7 14.9 7.7 -0.3 1979. 3.2 6.0 3.0 0.0 1.6 21.0 4.5 -1.2 1980. -5.9 5.9 -5.8 -9.6 -5.3 -5.2 -4.4 -1.5 1981. 0.5 5.8 -0.9 -1.5 -4.5 -2.7 -1.3 1.8 1982. -6.9 2.6 -10.5 -15.4 -0.9 -15.8 -7.4 0.6 1983. 6.2 0.5 0.9 0.1 3.0 18.4 3.0 3.1 1984. 15.4 3.9 9.0 9.3 13.2 9.2 9.4 5.5 1985. 2.6 4.9 -0.1 -3.3 5.3 -14.4 0.4 2.3 1986. 2.5 3.1 -2.5 0.1 0.9 6.6 0.1 2.5 1987. 3.3 2.5 -0.4 8.3 -6.5 7.1 -0.8 4.1 1988. 6.1 1.8 3.7 5.0 4.2 7.1 4.0 2.1 1989. 0.2 1.7 0.1 -2.4 3.0 3.5 1.4 -1.2 1990. -0.7 1.9 -3.2 0.8 0.7 -2.9 -1.3 0.6 1991. -4.1 1.2 -5.6 -1.3 -1.4 -4.2 -3.3 -0.9 1992. 5.2 1.5 -1.2 -3.0 6.5 9.0 2.2 2.9 1993. 4.8 1.9 1.5 3.0 6.1 4.1 3.1 1.7 1994. 7.8 2.7 3.2 4.6 5.0 6.5 4.0 3.6 1995. 6.3 4.4 1.5 0.9 6.6 4.1 3.5 2.7 1996. 5.4 5.3 0.9 -2.6 8.2 0.8 3.4 1.9 1997. 8.2 5.8 2.9 -0.6 2.3 5.1 3.5 4.6 1998. 7.7 5.8 0.6 6.0 6.8 -0.4 3.0 4.6 1999. 6.5 5.0 -0.7 4.5 2.7 3.8 1.8 4.6 2000. 3.6 3.8 -0.7 3.1 -6.2 -2.3 -1.5 5.2 2001. -5.5 2.1 -6.2 -6.4 -6.8 -13.4 -6.1 0.6 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.7 4.1 0.7 2.0 3.4 3.9 2.1 1.6 1949-1973 4.7 4.6 2.0 4.3 3.9 5.9 3.1 1.5 1973-2001 3.0 3.7 -0.4 0.0 3.0 2.1 1.3 1.7 1973-1979 2.8 5.0 0.7 0.4 7.2 7.2 3.4 -0.6 1979-1990 2.0 3.1 -1.0 -1.0 1.1 0.5 0.2 1.8 1990-1995 3.9 2.3 -0.2 0.8 4.5 3.8 1.9 2.0 1995-2000 6.3 5.1 0.6 2.1 2.6 1.4 2.0 4.2 2000-2001 -5.5 2.1 -6.2 -6.4 -6.8 -13.4 -6.1 0.6 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: DURABLE GOODS (SIC 24, 25, 32-39) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 17.9 15.2 67.2 38.9 17.3 12.9 33.8 53.1 1953. 28.2 19.9 93.3 50.0 27.3 21.4 48.3 58.4 1954. 25.0 20.0 82.5 45.7 23.2 18.9 43.2 57.9 1955. 27.9 20.9 88.1 48.7 25.1 21.7 46.3 60.2 1956. 27.3 22.2 90.2 53.9 23.9 22.5 46.9 58.2 1957. 27.3 23.1 89.0 55.7 23.7 22.9 46.9 58.3 1958. 23.9 23.3 78.7 52.9 20.0 20.3 42.0 57.1 1959. 26.9 23.8 85.3 57.2 21.9 22.0 45.1 59.6 1960. 27.2 24.4 85.2 58.1 22.6 22.3 45.7 59.4 1961. 26.5 24.8 81.9 57.0 21.3 21.8 44.2 60.0 1962. 29.4 25.6 86.5 61.9 22.6 24.0 46.7 62.9 1963. 31.2 26.4 88.1 65.0 23.0 27.2 48.0 65.0 1964. 33.2 27.3 90.5 72.5 23.5 28.6 49.5 67.1 1965. 37.4 28.9 97.2 77.6 27.4 31.3 53.9 69.5 1966. 41.3 31.4 105.6 83.7 30.7 36.9 59.2 69.7 1967. 41.9 34.6 104.8 90.8 30.3 42.3 60.7 68.9 1968. 44.4 36.4 106.3 96.6 32.7 42.3 62.8 70.8 1969. 45.7 38.5 107.9 101.8 33.2 44.8 64.4 71.0 1970. 41.9 40.3 99.3 100.5 30.1 42.8 60.6 69.1 1971. 43.1 41.3 94.3 98.3 33.7 42.3 60.5 71.2 1972. 47.8 42.4 100.0 103.7 38.6 45.3 64.9 73.5 1973. 53.5 45.0 107.7 107.8 43.4 51.2 70.7 75.7 1974. 51.1 48.2 105.8 108.4 42.0 54.2 70.5 72.4 1975. 46.5 50.5 93.2 98.8 42.8 49.9 66.2 70.3 1976. 51.4 51.9 97.5 103.5 49.0 51.3 70.5 73.0 1977. 57.1 54.2 102.8 105.3 58.6 56.0 76.8 74.3 1978. 61.3 56.9 108.9 110.4 64.8 64.4 82.7 74.1 1979. 63.2 60.3 112.1 110.4 65.8 77.9 86.4 73.2 1980. 59.5 63.9 105.6 99.8 62.3 73.8 82.6 72.1 1981. 59.8 67.6 104.6 98.3 59.5 71.8 81.5 73.4 1982. 55.7 69.3 93.6 83.2 59.0 60.5 75.5 73.8 1983. 59.1 69.7 94.4 83.3 60.8 71.6 77.7 76.0 1984. 68.2 72.4 102.9 91.1 68.8 78.2 85.0 80.2 1985. 70.0 75.9 102.7 88.1 72.5 67.0 85.4 82.0 1986. 71.8 78.3 100.1 88.1 73.2 71.4 85.4 84.1 1987. 74.2 80.2 99.7 95.4 68.4 76.5 84.7 87.5 1988. 78.7 81.7 103.4 100.2 71.3 81.9 88.1 89.4 1989. 78.9 83.1 103.5 97.8 73.5 84.7 89.3 88.3 1990. 78.3 84.6 100.2 98.6 74.0 82.3 88.1 88.9 1991. 75.1 85.6 94.5 97.3 73.0 78.9 85.2 88.1 1992. 79.0 86.9 93.3 94.4 77.7 86.0 87.1 90.6 1993. 82.8 88.5 94.7 97.2 82.5 89.5 89.8 92.2 1994. 89.3 91.0 97.7 101.7 86.7 95.4 93.4 95.5 1995. 94.9 95.0 99.1 102.6 92.4 99.3 96.7 98.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 108.2 105.8 102.9 99.4 102.3 105.1 103.5 104.6 1998. 116.6 111.9 103.5 105.4 109.3 104.7 106.6 109.4 1999. 124.1 117.4 102.7 110.2 112.2 108.6 108.5 114.4 2000. 128.5 121.9 102.0 113.6 105.3 106.1 106.8 120.3 2001. 121.4 124.5 95.7 106.3 98.1 91.9 100.3 121.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: DURABLE GOODS (SIC 24, 25, 32-39) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -0.1 9.1 3.8 -0.7 -2.4 2.5 3.3 3.4 1964. 0.6 3.2 5.0 -4.5 3.1 2.4 3.9 3.3 1965. 0.7 17.4 0.5 -0.9 2.0 3.0 4.1 3.5 1966. 2.1 -1.7 4.4 -0.4 2.2 2.7 2.5 0.4 1967. 2.4 -11.9 5.8 -1.8 2.9 2.9 1.2 -1.2 1968. 2.6 2.5 7.2 -0.7 4.8 3.2 5.4 2.7 1969. 3.1 -8.2 7.4 1.2 4.4 3.2 3.4 0.3 1970. 3.8 -21.7 7.1 6.6 3.4 4.9 1.0 -2.6 1971. 4.6 17.9 6.6 9.9 4.3 4.8 7.7 3.0 1972. 3.6 16.6 5.8 8.0 3.6 5.4 7.0 3.3 1973. 3.6 2.6 8.5 12.1 6.0 4.4 6.7 2.9 1974. 11.7 -21.5 12.4 36.3 12.6 7.1 6.9 -4.3 1975. 12.5 8.5 9.7 22.8 7.6 7.5 9.2 -2.9 1976. 5.8 22.2 9.8 13.7 3.2 7.9 9.8 3.8 1977. 6.2 13.4 8.3 16.8 3.9 8.5 8.2 1.9 1978. 7.3 9.2 7.7 11.4 3.5 8.1 6.9 -0.3 1979. 8.0 -10.5 10.1 13.9 9.4 7.5 6.7 -1.2 1980. 9.7 -13.7 12.5 21.9 9.2 9.1 8.0 -1.5 1981. 7.8 6.8 9.4 15.0 11.2 9.0 9.7 1.8 1982. 4.6 -9.9 9.8 16.5 1.7 7.1 5.2 0.6 1983. 1.5 18.1 2.0 7.3 3.0 6.0 4.6 3.1 1984. 1.4 33.2 2.7 0.0 4.0 5.6 6.9 5.5 1985. -0.3 -15.7 6.6 -0.2 3.3 4.7 2.0 2.3 1986. -0.2 -3.8 5.1 -9.1 2.3 0.9 2.3 2.5 1987. 0.8 17.3 3.3 -4.6 3.3 4.8 5.0 4.1 1988. 2.1 14.2 1.8 -3.3 4.1 4.4 4.3 2.1 1989. 2.8 -2.5 3.3 1.2 0.9 2.5 1.6 -1.2 1990. 1.4 -2.2 3.8 -1.3 0.7 4.8 2.1 0.6 1991. 1.5 -7.4 4.9 -2.1 -2.9 3.4 0.6 -0.9 1992. 1.0 3.8 7.6 6.2 -2.7 4.4 3.9 2.9 1993. 1.3 9.1 2.3 1.2 1.7 2.2 3.0 1.7 1994. 0.9 16.9 3.4 -1.5 1.0 2.9 4.6 3.6 1995. -0.4 6.0 2.0 -3.6 0.8 2.1 2.2 2.7 1996. -1.7 2.3 1.0 8.3 -4.4 2.8 0.2 1.9 1997. -1.8 5.2 3.4 4.3 -0.3 3.1 2.7 4.6 1998. -3.0 -2.9 4.7 -6.0 -0.8 2.4 1.4 4.6 1999. -1.8 -4.3 5.7 2.2 3.4 2.1 2.8 4.6 2000. -1.5 -10.2 6.4 15.6 7.9 2.5 3.5 5.2 2001. -1.9 -18.6 -0.9 2.7 7.1 2.0 -1.3 0.6 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.5 1.7 5.6 4.1 2.9 4.3 4.2 1.6 1949-1973 2.5 2.1 5.5 1.7 2.3 3.6 4.0 1.5 1973-2001 2.6 1.4 5.6 6.2 3.3 4.8 4.4 1.7 1973-1979 8.5 2.4 9.7 18.9 6.6 7.8 7.9 -0.6 1979-1990 2.8 2.8 5.4 3.5 3.9 5.3 4.7 1.8 1990-1995 0.9 5.4 4.0 0.0 -0.4 3.0 2.9 2.0 1995-2000 -2.0 -2.1 4.2 4.6 1.1 2.6 2.1 4.2 2000-2001 -1.9 -18.6 -0.9 2.7 7.1 2.0 -1.3 0.6 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: DURABLE GOODS (SIC 24, 25, 32-39) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 24.4 29.2 7.2 15.1 27.3 12.8 13.0 53.1 1953. 28.0 36.0 9.7 17.3 31.8 15.7 16.4 58.4 1954. 28.4 33.7 10.1 16.1 31.4 16.2 16.5 57.9 1955. 29.2 40.9 10.5 15.9 33.0 16.7 17.6 60.2 1956. 31.0 36.6 11.2 16.5 34.4 17.4 18.1 58.2 1957. 32.4 37.1 11.8 17.0 36.1 17.8 18.9 58.3 1958. 33.0 30.5 12.5 16.7 35.4 18.7 18.8 57.1 1959. 33.7 39.0 13.2 17.1 35.1 19.0 20.1 59.6 1960. 33.7 35.2 13.5 17.2 34.5 19.7 20.0 59.4 1961. 33.6 34.7 13.9 17.4 33.8 20.1 20.2 60.0 1962. 33.6 40.5 14.3 17.1 34.1 20.6 21.1 62.9 1963. 33.6 44.2 14.9 17.0 33.2 21.1 21.8 65.0 1964. 33.8 45.6 15.6 16.2 34.3 21.6 22.7 67.1 1965. 34.0 53.6 15.7 16.1 34.9 22.2 23.6 69.5 1966. 34.7 52.7 16.4 16.0 35.7 22.8 24.2 69.7 1967. 35.6 46.4 17.3 15.7 36.7 23.5 24.5 68.9 1968. 36.5 47.6 18.6 15.6 38.5 24.2 25.8 70.8 1969. 37.6 43.7 20.0 15.8 40.2 25.0 26.7 71.0 1970. 39.0 34.2 21.4 16.8 41.5 26.2 27.0 69.1 1971. 40.8 40.3 22.8 18.5 43.3 27.5 29.1 71.2 1972. 42.3 47.0 24.1 20.0 44.9 29.0 31.1 73.5 1973. 43.8 48.2 26.2 22.4 47.6 30.3 33.2 75.7 1974. 49.0 37.8 29.4 30.5 53.6 32.4 35.5 72.4 1975. 55.1 41.0 32.2 37.4 57.6 34.8 38.7 70.3 1976. 58.3 50.2 35.4 42.6 59.4 37.6 42.5 73.0 1977. 61.9 56.9 38.4 49.7 61.7 40.8 46.0 74.3 1978. 66.4 62.1 41.3 55.4 63.9 44.1 49.2 74.1 1979. 71.7 55.6 45.5 63.0 69.9 47.4 52.5 73.2 1980. 78.7 48.0 51.2 76.9 76.3 51.8 56.7 72.1 1981. 84.8 51.2 56.0 88.4 84.9 56.4 62.2 73.4 1982. 88.7 46.1 61.5 103.0 86.4 60.4 65.4 73.8 1983. 90.1 54.5 62.7 110.5 88.9 64.0 68.5 76.0 1984. 91.3 72.6 64.4 110.5 92.5 67.6 73.2 80.2 1985. 91.0 61.2 68.6 110.3 95.6 70.8 74.6 82.0 1986. 90.9 58.9 72.1 100.2 97.8 71.4 76.4 84.1 1987. 91.6 69.1 74.5 95.6 101.0 74.8 80.2 87.5 1988. 93.5 78.9 75.8 92.5 105.1 78.1 83.6 89.4 1989. 96.2 76.9 78.4 93.5 106.1 80.1 85.0 88.3 1990. 97.5 75.2 81.3 92.4 106.9 83.9 86.7 88.9 1991. 99.0 69.7 85.3 90.5 103.8 86.7 87.3 88.1 1992. 100.0 72.3 91.7 96.1 101.0 90.5 90.7 90.6 1993. 101.3 78.9 93.8 97.2 102.7 92.5 93.4 92.2 1994. 102.2 92.2 97.0 95.8 103.8 95.2 97.7 95.5 1995. 101.8 97.8 99.0 92.3 104.6 97.2 99.8 98.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 98.2 105.2 103.4 104.3 99.7 103.1 102.7 104.6 1998. 95.3 102.2 108.3 98.0 98.9 105.6 104.2 109.4 1999. 93.6 97.8 114.4 100.2 102.3 107.8 107.1 114.4 2000. 92.2 87.8 121.8 115.9 110.3 110.5 110.9 120.3 2001. 90.4 71.5 120.7 119.1 118.1 112.7 109.4 121.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: DURABLE GOODS (SIC 24, 25, 32-39) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 3.0 4.5 1.4 4.3 -6.2 3.4 1964. 3.1 3.5 -4.6 4.3 1.4 3.3 1965. 6.2 4.9 5.3 -3.2 3.1 3.5 1966. 1.7 1.6 2.4 -1.7 -6.5 0.4 1967. -8.0 2.1 -6.7 2.5 -11.7 -1.2 1968. 0.9 4.7 -0.2 -1.7 6.1 2.7 1969. -2.7 1.4 -2.3 1.6 -2.8 0.3 1970. -12.5 -0.5 -7.1 1.0 -4.0 -2.6 1971. 0.3 8.3 5.0 -8.1 3.9 3.0 1972. 7.9 4.6 5.1 -3.2 3.4 3.3 1973. 5.6 4.0 7.8 -0.5 -0.9 2.9 1974. -10.9 -2.8 -5.1 -1.3 -9.7 -4.3 1975. -13.1 3.4 0.0 -10.6 -1.0 -2.9 1976. 7.6 5.7 5.6 -3.4 7.4 3.8 1977. 6.3 5.2 9.0 -7.2 1.6 1.9 1978. 2.1 1.4 2.4 -3.0 -6.6 -0.3 1979. -2.6 0.2 3.2 1.6 -14.7 -1.2 1980. -11.1 -0.1 4.1 -0.6 -0.7 -1.5 1981. -5.0 1.4 2.0 5.2 3.3 1.8 1982. -9.2 4.1 10.1 -6.0 10.6 0.6 1983. 5.6 5.2 6.0 3.0 -10.4 3.1 1984. 11.1 5.9 5.6 2.0 5.7 5.5 1985. -2.1 2.8 6.1 -2.6 19.9 2.3 1986. -0.6 5.2 2.5 1.6 -3.8 2.5 1987. 0.8 3.8 -4.6 10.5 -3.5 4.1 1988. 4.3 2.3 1.1 1.8 -0.9 2.1 1989. -1.5 0.1 2.6 -2.7 -3.1 -1.2 1990. -2.5 2.6 -1.5 -1.4 2.3 0.6 1991. -5.3 1.6 -2.9 -2.8 0.0 -0.9 1992. 3.6 6.5 8.5 -1.3 -3.5 2.9 1993. 2.9 3.3 1.8 -1.2 0.7 1.7 1994. 4.9 4.5 3.1 2.6 1.2 3.6 1995. 1.8 4.8 5.3 -0.3 2.2 2.7 1996. 0.1 4.5 8.2 -2.6 4.6 1.9 1997. 2.3 5.2 8.8 5.7 2.9 4.6 1998. 1.9 7.1 1.6 0.9 8.2 4.6 1999. 1.4 7.3 1.9 3.7 2.6 4.6 2000. -0.3 4.3 0.4 10.4 6.0 5.2 2001. -7.5 0.7 0.9 1.4 9.1 0.6 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.4 3.0 1.8 0.3 -0.1 1.6 1949-1973 0.0 2.6 0.3 0.7 -1.2 1.5 1973-2001 -0.7 3.4 3.0 0.0 0.8 1.7 1973-1979 -2.1 2.1 2.4 -4.1 -4.1 -0.6 1979-1990 -1.1 3.0 3.0 0.9 1.5 1.8 1990-1995 1.5 4.1 3.1 -0.6 0.1 2.0 1995-2000 1.1 5.7 4.1 3.5 4.8 4.2 2000-2001 -7.5 0.7 0.9 1.4 9.1 0.6 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: DURABLE GOODS (SIC 24, 25, 32-39) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 114.7 33.9 47.4 130.0 122.1 62.9 1963. 118.2 35.5 48.0 135.6 114.6 65.0 1964. 121.9 36.7 45.8 141.5 116.2 67.1 1965. 129.4 38.5 48.2 136.9 119.8 69.5 1966. 131.5 39.1 49.4 134.6 112.0 69.7 1967. 121.0 39.9 46.1 138.0 99.0 68.9 1968. 122.1 41.8 46.0 135.7 105.0 70.8 1969. 118.8 42.4 44.9 137.8 102.1 71.0 1970. 104.0 42.2 41.7 139.1 98.0 69.1 1971. 104.4 45.7 43.8 127.8 101.8 71.2 1972. 112.6 47.8 46.0 123.7 105.3 73.5 1973. 118.8 49.7 49.6 123.1 104.4 75.7 1974. 105.9 48.3 47.1 121.5 94.3 72.4 1975. 92.1 49.9 47.1 108.6 93.3 70.3 1976. 99.1 52.8 49.7 105.0 100.2 73.0 1977. 105.3 55.5 54.2 97.4 101.8 74.3 1978. 107.6 56.3 55.5 94.5 95.1 74.1 1979. 104.8 56.4 57.3 96.0 81.2 73.2 1980. 93.2 56.3 59.6 95.5 80.6 72.1 1981. 88.5 57.1 60.8 100.4 83.2 73.4 1982. 80.3 59.5 66.9 94.4 92.1 73.8 1983. 84.8 62.6 71.0 97.2 82.5 76.0 1984. 94.2 66.3 74.9 99.1 87.2 80.2 1985. 92.2 68.1 79.5 96.6 104.5 82.0 1986. 91.7 71.7 81.5 98.1 100.5 84.1 1987. 92.4 74.4 77.7 108.4 97.0 87.5 1988. 96.4 76.1 78.6 110.4 96.1 89.4 1989. 95.0 76.2 80.7 107.4 93.1 88.3 1990. 92.6 78.2 79.4 105.9 95.2 88.9 1991. 87.7 79.4 77.1 102.9 95.2 88.1 1992. 90.9 84.6 83.7 101.6 91.9 90.6 1993. 93.5 87.4 85.2 100.3 92.5 92.2 1994. 98.1 91.4 87.8 103.0 93.6 95.5 1995. 99.9 95.7 92.4 102.7 95.6 98.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 102.3 105.2 108.8 105.7 102.9 104.6 1998. 104.2 112.6 110.6 106.7 111.4 109.4 1999. 105.7 120.8 112.6 110.6 114.3 114.4 2000. 105.4 126.0 113.1 122.1 121.1 120.3 2001. 97.5 126.9 114.2 123.8 132.1 121.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: DURABLE GOODS (SIC 24, 25, 32-39) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 56.136 9.931 26.340 1.596 15.651 2.617 1953. 101.528 16.000 49.071 2.352 28.755 5.351 1954. 91.166 15.010 45.191 1.998 24.102 4.865 1955. 104.535 19.064 50.164 2.108 27.459 5.740 1956. 108.695 18.132 54.745 2.421 27.186 6.210 1957. 113.508 19.139 57.013 2.579 28.292 6.484 1958. 101.268 15.801 53.607 2.410 23.418 6.031 1959. 116.410 20.676 61.024 2.668 25.406 6.636 1960. 117.402 19.182 62.704 2.729 25.797 6.990 1961. 114.322 19.174 61.703 2.704 23.786 6.955 1962. 126.619 23.119 67.332 2.883 25.442 7.843 1963. 134.550 26.024 71.116 3.003 25.301 9.107 1964. 144.076 27.726 76.755 3.199 26.614 9.782 1965. 163.436 34.540 82.880 3.396 31.608 11.011 1966. 184.060 36.844 93.980 3.643 36.248 13.345 1967. 190.923 35.750 98.688 3.885 36.852 15.748 1968. 207.870 38.554 107.291 4.102 41.665 16.259 1969. 220.749 37.452 117.040 4.374 44.105 17.778 1970. 209.881 30.678 115.401 4.600 41.394 17.809 1971. 225.594 37.065 116.812 4.947 48.307 18.463 1972. 259.207 44.400 131.007 5.637 57.316 20.847 1973. 300.916 48.339 153.057 6.563 68.355 24.602 1974. 320.878 40.665 168.933 9.003 74.418 27.859 1975. 328.854 46.231 163.375 10.078 81.598 27.571 1976. 384.627 58.043 187.680 11.994 96.291 30.620 1977. 453.105 68.665 214.364 14.255 119.539 36.281 1978. 521.921 78.832 244.463 16.649 136.892 45.086 1979. 581.802 74.726 277.232 18.957 152.232 58.655 1980. 600.735 68.262 293.638 20.891 157.309 60.634 1981. 650.435 77.087 318.325 23.662 167.103 64.259 1982. 633.630 71.247 312.660 23.323 168.465 57.934 1983. 682.898 84.612 321.713 25.061 178.797 72.716 1984. 798.888 117.132 359.887 27.398 210.548 83.922 1985. 817.499 103.572 383.083 26.456 229.134 75.253 1986. 836.747 102.680 392.430 24.055 236.641 80.941 1987. 871.611 123.521 403.798 24.840 228.659 90.793 1988. 944.835 143.653 426.367 25.226 248.067 101.523 1989. 973.653 142.392 440.885 24.913 257.791 107.672 1990. 980.402 141.878 442.639 24.800 261.510 109.575 1991. 953.931 132.926 437.990 23.982 250.484 108.550 1992. 1013.319 140.116 465.364 24.693 259.674 123.473 1993. 1076.178 155.686 482.978 25.745 280.311 131.458 1994. 1170.409 186.982 515.290 26.532 297.499 144.106 1995. 1238.971 206.970 533.429 25.806 319.621 153.144 1996. 1283.029 222.855 543.536 27.233 330.723 158.681 1997. 1363.718 247.931 578.261 28.247 337.265 172.014 1998. 1425.101 254.737 609.363 28.137 357.456 175.409 1999. 1490.489 256.016 639.094 30.072 379.466 185.841 2000. 1519.849 238.713 675.166 35.850 383.988 186.131 2001. 1407.966 198.543 627.528 34.471 383.072 164.352 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: DURABLE GOODS (SIC 24, 25, 32-39) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.177 0.469 0.028 0.279 0.047 1952. 0.171 0.490 0.024 0.265 0.051 1953. 0.158 0.483 0.023 0.283 0.053 1954. 0.165 0.496 0.022 0.264 0.053 1955. 0.182 0.480 0.020 0.263 0.055 1956. 0.167 0.504 0.022 0.250 0.057 1957. 0.169 0.502 0.023 0.249 0.057 1958. 0.156 0.529 0.024 0.231 0.060 1959. 0.178 0.524 0.023 0.218 0.057 1960. 0.163 0.534 0.023 0.220 0.060 1961. 0.168 0.540 0.024 0.208 0.061 1962. 0.183 0.532 0.023 0.201 0.062 1963. 0.193 0.529 0.022 0.188 0.068 1964. 0.192 0.533 0.022 0.185 0.068 1965. 0.211 0.507 0.021 0.193 0.067 1966. 0.200 0.511 0.020 0.197 0.073 1967. 0.187 0.517 0.020 0.193 0.082 1968. 0.185 0.516 0.020 0.200 0.078 1969. 0.170 0.530 0.020 0.200 0.081 1970. 0.146 0.550 0.022 0.197 0.085 1971. 0.164 0.518 0.022 0.214 0.082 1972. 0.171 0.505 0.022 0.221 0.080 1973. 0.161 0.509 0.022 0.227 0.082 1974. 0.127 0.526 0.028 0.232 0.087 1975. 0.141 0.497 0.031 0.248 0.084 1976. 0.151 0.488 0.031 0.250 0.080 1977. 0.152 0.473 0.031 0.264 0.080 1978. 0.151 0.468 0.032 0.262 0.086 1979. 0.128 0.477 0.033 0.262 0.101 1980. 0.114 0.489 0.035 0.262 0.101 1981. 0.119 0.489 0.036 0.257 0.099 1982. 0.112 0.493 0.037 0.266 0.091 1983. 0.124 0.471 0.037 0.262 0.106 1984. 0.147 0.450 0.034 0.264 0.105 1985. 0.127 0.469 0.032 0.280 0.092 1986. 0.123 0.469 0.029 0.283 0.097 1987. 0.142 0.463 0.028 0.262 0.104 1988. 0.152 0.451 0.027 0.263 0.107 1989. 0.146 0.453 0.026 0.265 0.111 1990. 0.145 0.451 0.025 0.267 0.112 1991. 0.139 0.459 0.025 0.263 0.114 1992. 0.138 0.459 0.024 0.256 0.122 1993. 0.145 0.449 0.024 0.260 0.122 1994. 0.160 0.440 0.023 0.254 0.123 1995. 0.167 0.431 0.021 0.258 0.124 1996. 0.174 0.424 0.021 0.258 0.124 1997. 0.182 0.424 0.021 0.247 0.126 1998. 0.179 0.428 0.020 0.251 0.123 1999. 0.172 0.429 0.020 0.255 0.125 2000. 0.157 0.444 0.024 0.253 0.122 2001. 0.141 0.446 0.024 0.272 0.117 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: LUMBER AND WOOD PRODUCTS (SIC 24) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 7.1 2.5 -1.1 43.3 -0.1 8.3 0.9 6.2 1964. 8.3 2.7 2.8 18.0 10.4 5.1 5.4 2.7 1965. 5.7 4.0 3.3 5.4 2.2 -3.4 2.9 2.7 1966. 1.5 5.2 1.8 11.3 4.7 15.8 4.0 -2.4 1967. 6.7 4.2 -3.2 16.7 4.0 6.5 1.1 5.6 1968. 3.6 2.7 0.9 21.9 5.7 12.0 3.6 0.0 1969. -0.2 5.5 3.0 -0.6 8.9 4.9 5.3 -5.2 1970. 5.0 6.2 -6.4 -3.0 -2.9 -5.7 -3.1 8.4 1971. 3.9 5.1 3.2 -7.2 2.8 17.5 3.6 0.3 1972. 19.3 4.9 10.0 8.8 32.5 33.1 17.6 1.4 1973. -2.2 0.7 2.7 -1.0 0.3 -5.4 1.0 -3.1 1974. -6.9 7.1 -8.3 0.8 -14.6 -6.0 -7.6 0.7 1975. -5.0 4.9 -15.0 -2.4 -14.2 -1.6 -10.5 6.1 1976. 9.3 3.2 13.8 5.1 9.3 8.7 9.7 -0.3 1977. 10.6 4.0 6.4 -10.1 24.0 16.0 12.0 -1.2 1978. 1.8 3.0 3.9 5.7 5.8 9.2 4.7 -2.7 1979. 0.3 3.5 1.5 -1.7 -3.4 -1.7 -0.1 0.4 1980. -3.0 4.6 -11.2 -10.7 -6.5 -5.0 -6.2 3.4 1981. -3.0 2.7 -4.4 -7.0 -2.3 -9.8 -2.9 -0.1 1982. -5.9 -2.6 -11.8 -11.5 -10.6 -22.1 -10.7 5.3 1983. 12.6 -1.2 15.0 4.7 7.8 48.9 10.4 2.0 1984. 8.7 0.3 5.2 5.2 4.3 -13.3 3.0 5.5 1985. 1.2 -1.1 -1.5 -1.1 -1.5 3.8 -1.2 2.4 1986. 8.2 -0.6 3.1 8.6 5.7 17.5 4.2 3.9 1987. 7.6 -1.7 6.1 13.0 1.7 7.1 3.0 4.5 1988. -1.1 -1.8 1.3 5.5 -5.5 -2.7 -2.0 0.9 1989. -3.1 -1.9 -0.4 -2.1 -6.0 8.2 -2.4 -0.8 1990. -1.6 -0.4 -2.9 1.2 -3.4 0.4 -2.3 0.7 1991. -7.7 -1.3 -9.6 -0.1 -9.0 -4.1 -7.4 -0.3 1992. 3.9 -1.2 3.6 -7.1 7.1 15.1 4.5 -0.6 1993. -0.1 -0.3 6.1 11.1 9.1 44.2 8.6 -8.1 1994. 5.5 1.7 6.1 6.0 9.1 2.4 6.2 -0.7 1995. 2.4 2.5 2.2 5.5 0.9 -4.5 1.3 1.2 1996. 0.5 2.7 0.0 -3.2 5.8 2.0 2.7 -2.2 1997. -0.3 2.6 1.2 -11.5 0.8 4.5 1.3 -1.5 1998. 4.2 1.6 3.2 4.5 9.5 2.3 5.3 -1.0 1999. 3.6 1.9 2.1 4.5 8.3 5.5 4.7 -1.1 2000. -1.5 1.6 -1.2 -1.8 0.2 -5.3 -0.6 -0.8 2001. -4.9 0.1 -5.7 -4.4 -0.7 -12.7 -3.7 -1.2 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.1 2.1 0.0 2.5 1.6 2.6 1.1 1.0 1949-1973 3.2 3.3 -0.1 5.5 2.5 2.4 1.5 1.7 1973-2001 1.1 1.2 0.1 0.0 0.8 2.9 0.7 0.5 1973-1979 1.5 4.3 -0.1 -0.6 0.2 3.8 1.0 0.4 1979-1990 1.7 -0.4 -0.4 0.2 -1.6 1.6 -0.8 2.5 1990-1995 0.7 0.3 1.5 2.9 3.2 9.2 2.5 -1.7 1995-2000 1.3 2.1 1.1 -1.7 4.9 1.7 2.6 -1.3 2000-2001 -4.9 0.1 -5.7 -4.4 -0.7 -12.7 -3.7 -1.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LUMBER AND WOOD PRODUCTS (SIC 24) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 34.2 35.8 99.7 25.1 52.4 24.2 61.6 55.5 1953. 39.1 41.6 104.5 40.9 64.0 29.0 70.1 55.7 1954. 37.2 42.7 95.9 29.2 62.1 25.5 66.3 56.1 1955. 41.8 44.0 100.6 38.8 66.7 28.7 70.3 59.5 1956. 41.0 46.5 98.3 42.4 63.9 27.8 69.3 59.2 1957. 38.4 46.9 88.4 41.6 57.2 24.0 63.2 60.7 1958. 38.0 47.2 83.6 41.3 56.0 21.3 61.0 62.3 1959. 41.2 48.0 91.3 43.2 60.4 21.1 65.3 63.1 1960. 40.1 49.6 86.3 36.6 57.0 20.3 62.5 64.2 1961. 39.8 50.1 81.7 33.8 51.8 18.6 58.8 67.7 1962. 42.0 50.8 83.1 33.2 51.1 19.1 59.2 70.9 1963. 44.9 52.0 82.2 47.5 51.0 20.6 59.7 75.3 1964. 48.7 53.4 84.5 56.1 56.3 21.7 62.9 77.3 1965. 51.4 55.6 87.3 59.1 57.5 20.9 64.7 79.4 1966. 52.2 58.4 88.9 65.8 60.2 24.2 67.3 77.5 1967. 55.7 60.9 86.1 76.8 62.6 25.8 68.0 81.9 1968. 57.7 62.6 86.8 93.6 66.2 28.9 70.5 81.9 1969. 57.6 66.0 89.4 93.0 72.1 30.3 74.2 77.6 1970. 60.5 70.1 83.6 90.3 70.0 28.6 71.9 84.1 1971. 62.9 73.7 86.3 83.8 71.9 33.6 74.5 84.4 1972. 75.0 77.3 95.0 91.2 95.3 44.7 87.7 85.6 1973. 73.4 77.8 97.5 90.2 95.7 42.3 88.6 82.9 1974. 68.3 83.3 89.4 90.9 81.7 39.8 81.9 83.4 1975. 64.9 87.4 76.0 88.8 70.0 39.1 73.3 88.5 1976. 70.9 90.3 86.4 93.3 76.5 42.6 80.4 88.2 1977. 78.4 93.9 92.0 83.9 94.9 49.4 90.0 87.1 1978. 79.8 96.7 95.6 88.7 100.3 53.9 94.2 84.7 1979. 80.1 100.0 97.0 87.2 97.0 53.0 94.1 85.1 1980. 77.6 104.7 86.2 77.8 90.7 50.3 88.2 88.0 1981. 75.3 107.5 82.4 72.4 88.6 45.4 85.7 87.9 1982. 70.9 104.7 72.6 64.1 79.2 35.4 76.5 92.6 1983. 79.8 103.4 83.5 67.1 85.3 52.7 84.5 94.4 1984. 86.7 103.7 87.8 70.6 89.0 45.7 87.0 99.6 1985. 87.7 102.6 86.5 69.8 87.7 47.4 86.0 102.0 1986. 94.9 101.9 89.2 75.8 92.7 55.7 89.6 105.9 1987. 102.1 100.3 94.6 85.7 94.2 59.6 92.3 110.7 1988. 101.0 98.4 95.9 90.4 89.1 58.0 90.4 111.7 1989. 97.9 96.5 95.5 88.5 83.7 62.8 88.3 110.9 1990. 96.2 96.1 92.8 89.6 80.8 63.0 86.2 111.6 1991. 88.8 94.9 83.9 89.5 73.6 60.4 79.8 111.3 1992. 92.3 93.7 86.9 83.1 78.8 69.5 83.4 110.7 1993. 92.1 93.5 92.2 92.3 85.9 100.3 90.5 101.8 1994. 97.2 95.0 97.8 97.9 93.8 102.6 96.1 101.1 1995. 99.5 97.4 100.0 103.3 94.6 98.0 97.3 102.3 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 99.7 102.6 101.2 88.5 100.8 104.5 101.3 98.5 1998. 103.9 104.2 104.5 92.5 110.4 106.9 106.6 97.5 1999. 107.6 106.2 106.7 96.6 119.6 112.8 111.6 96.4 2000. 106.1 107.8 105.4 94.8 119.8 106.8 110.9 95.6 2001. 100.9 107.9 99.4 90.6 119.0 93.2 106.8 94.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LUMBER AND WOOD PRODUCTS (SIC 24) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 1.9 23.8 7.4 -4.7 2.9 3.8 8.2 6.2 1964. 1.6 9.4 4.3 -7.6 2.5 1.7 4.3 2.7 1965. 0.6 8.6 1.6 -4.6 3.2 2.7 3.3 2.7 1966. 4.1 -16.6 7.9 0.4 4.5 2.3 1.5 -2.4 1967. -1.0 0.8 6.9 -4.0 4.1 2.9 4.6 5.6 1968. 11.8 27.5 10.7 -2.8 7.6 3.3 11.8 0.0 1969. 12.0 8.2 7.3 1.4 4.2 3.3 6.2 -5.2 1970. -8.5 -29.8 12.0 4.7 -0.4 5.6 -0.8 8.4 1971. 9.3 5.5 7.0 16.1 15.5 4.6 9.6 0.3 1972. 11.4 52.0 4.6 2.6 9.8 5.1 13.0 1.4 1973. 20.1 40.1 9.1 11.9 14.3 5.2 16.3 -3.1 1974. 4.7 -14.8 9.5 23.6 12.9 7.8 5.4 0.7 1975. -2.7 -19.9 10.3 22.3 8.0 8.6 3.3 6.1 1976. 14.9 38.0 7.6 15.7 11.5 7.8 14.5 -0.3 1977. 14.5 22.5 9.5 17.6 12.0 9.0 13.1 -1.2 1978. 15.9 25.0 10.1 10.6 9.2 8.7 12.7 -2.7 1979. 8.2 2.2 8.5 13.3 12.7 7.8 8.7 0.4 1980. -2.3 -30.3 12.3 23.8 7.8 9.2 1.0 3.4 1981. 1.8 -30.2 7.3 19.6 8.3 9.1 1.7 -0.1 1982. -2.0 4.2 2.5 8.5 2.7 7.2 3.2 5.3 1983. 9.4 64.3 -0.4 3.7 7.7 6.0 11.6 2.0 1984. -0.2 13.0 6.2 3.6 1.3 5.1 5.2 5.5 1985. -0.7 -4.1 5.7 -0.4 0.5 4.9 1.7 2.4 1986. 1.0 24.6 2.8 -8.6 -0.3 1.5 4.9 3.9 1987. 4.0 33.4 0.4 -4.0 5.4 5.0 8.7 4.5 1988. 4.5 -5.0 7.0 -0.4 10.8 8.5 5.5 0.9 1989. 5.6 4.0 1.7 2.8 9.8 -3.9 4.8 -0.8 1990. 1.5 -12.9 5.2 2.6 7.7 3.5 2.2 0.7 1991. 1.6 -9.7 6.0 -1.6 2.7 -0.2 1.3 -0.3 1992. 9.1 10.8 9.6 11.8 6.1 9.0 8.5 -0.6 1993. 15.9 19.9 -0.6 0.0 8.7 3.6 6.5 -8.1 1994. 4.0 14.6 1.7 -1.9 -0.4 6.4 3.3 -0.7 1995. -0.4 7.7 -1.4 -6.0 -1.1 3.9 0.7 1.2 1996. -0.9 -23.5 7.1 10.1 -2.9 1.5 -3.1 -2.2 1997. 3.7 0.7 4.8 2.4 0.4 2.0 2.2 -1.5 1998. -1.6 -4.4 1.3 -9.7 -5.7 0.9 -2.6 -1.0 1999. 2.6 13.2 1.9 7.1 -4.0 3.7 1.5 -1.1 2000. -2.2 -19.9 1.6 22.2 -2.2 0.4 -3.0 -0.8 2001. -1.8 -23.5 4.0 1.4 -4.4 6.3 -2.9 -1.2 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.4 2.7 5.4 3.9 4.2 4.5 4.5 1.0 1949-1973 3.1 4.3 5.9 1.1 4.0 3.9 4.9 1.7 1973-2001 3.7 1.3 5.0 6.4 4.3 5.1 4.2 0.5 1973-1979 9.0 6.7 9.2 17.1 11.0 8.3 9.5 0.4 1979-1990 2.0 2.4 4.5 4.3 5.5 5.0 4.5 2.5 1990-1995 5.9 8.2 3.0 0.3 3.1 4.5 4.0 -1.7 1995-2000 0.3 -7.7 3.3 5.9 -2.9 1.7 -1.0 -1.3 2000-2001 -1.8 -23.5 4.0 1.4 -4.4 6.3 -2.9 -1.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LUMBER AND WOOD PRODUCTS (SIC 24) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 17.3 16.8 7.4 17.0 10.2 11.4 9.6 55.5 1953. 21.1 17.5 10.2 19.7 11.5 14.1 11.8 55.7 1954. 20.7 16.8 10.2 17.9 11.3 14.5 11.6 56.1 1955. 21.4 21.9 10.8 17.4 12.2 14.8 12.7 59.5 1956. 21.8 19.2 11.5 18.3 12.4 15.2 12.9 59.2 1957. 20.7 15.3 11.9 19.2 12.0 15.7 12.6 60.7 1958. 20.3 15.5 12.0 17.7 11.9 16.5 12.6 62.3 1959. 21.6 20.5 12.4 18.5 12.4 17.0 13.6 63.1 1960. 20.9 16.2 12.9 19.1 12.6 17.8 13.4 64.2 1961. 20.1 15.6 13.1 19.2 13.0 18.5 13.6 67.7 1962. 20.2 17.2 13.7 19.7 13.6 19.2 14.3 70.9 1963. 20.6 21.3 14.7 18.8 14.0 20.0 15.5 75.3 1964. 20.9 23.3 15.3 17.4 14.3 20.3 16.2 77.3 1965. 21.1 25.3 15.5 16.6 14.8 20.9 16.7 79.4 1966. 21.9 21.1 16.8 16.6 15.4 21.3 17.0 77.5 1967. 21.7 21.3 17.9 16.0 16.1 22.0 17.8 81.9 1968. 24.3 27.1 19.8 15.5 17.3 22.7 19.9 81.9 1969. 27.2 29.3 21.3 15.7 18.0 23.4 21.1 77.6 1970. 24.9 20.6 23.8 16.5 17.9 24.7 20.9 84.1 1971. 27.2 21.7 25.5 19.1 20.7 25.9 22.9 84.4 1972. 30.3 33.0 26.7 19.6 22.8 27.2 25.9 85.6 1973. 36.4 46.3 29.1 21.9 26.0 28.6 30.1 82.9 1974. 38.1 39.5 31.9 27.1 29.4 30.8 31.8 83.4 1975. 37.1 31.6 35.2 33.1 31.7 33.5 32.8 88.5 1976. 42.6 43.6 37.8 38.3 35.4 36.1 37.5 88.2 1977. 48.7 53.5 41.4 45.1 39.6 39.3 42.5 87.1 1978. 56.5 66.8 45.6 49.8 43.2 42.7 47.9 84.7 1979. 61.1 68.3 49.5 56.5 48.7 46.1 52.0 85.1 1980. 59.7 47.6 55.5 69.9 52.5 50.3 52.6 88.0 1981. 60.8 33.3 59.6 83.7 56.9 54.9 53.5 87.9 1982. 59.6 34.6 61.1 90.8 58.5 58.8 55.2 92.6 1983. 65.2 56.9 60.8 94.1 62.9 62.3 61.5 94.4 1984. 65.0 64.3 64.6 97.5 63.7 65.5 64.8 99.6 1985. 64.6 61.7 68.3 97.1 64.1 68.7 65.8 102.0 1986. 65.2 76.8 70.2 88.8 63.9 69.7 69.0 105.9 1987. 67.8 102.5 70.4 85.3 67.3 73.2 75.0 110.7 1988. 70.8 97.4 75.3 85.0 74.6 79.4 79.1 111.7 1989. 74.8 101.4 76.6 87.3 81.9 76.4 82.9 110.9 1990. 75.9 88.3 80.6 89.6 88.2 79.0 84.7 111.6 1991. 77.1 79.7 85.5 88.1 90.6 78.9 85.8 111.3 1992. 84.1 88.3 93.7 98.5 96.2 86.0 93.1 110.7 1993. 97.5 105.9 93.1 98.6 104.6 89.2 99.2 101.8 1994. 101.4 121.3 94.6 96.7 104.1 94.9 102.5 101.1 1995. 100.9 130.7 93.3 90.8 103.0 98.5 103.2 102.3 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 103.7 100.7 104.8 102.4 100.4 102.0 102.2 98.5 1998. 102.1 96.3 106.1 92.5 94.6 102.9 99.5 97.5 1999. 104.7 108.9 108.1 99.1 90.9 106.8 101.0 96.4 2000. 102.4 87.3 109.8 121.2 88.9 107.1 98.0 95.6 2001. 100.6 66.8 114.2 122.9 84.9 113.8 95.1 94.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LUMBER AND WOOD PRODUCTS (SIC 24) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 4.5 8.3 -25.2 7.2 -1.1 6.2 1964. 5.4 5.3 -8.3 -1.9 3.1 2.7 1965. 1.7 2.3 0.3 3.4 9.5 2.7 1966. -3.5 -0.4 -8.8 -3.1 -12.3 -2.4 1967. 2.4 10.3 -8.6 2.6 0.2 5.6 1968. 0.9 2.7 -15.0 -2.0 -7.5 0.0 1969. -5.4 -3.0 0.4 -8.3 -4.8 -5.2 1970. -1.1 12.2 8.2 8.2 11.4 8.4 1971. -1.1 0.7 11.9 1.1 -11.6 0.3 1972. 13.7 8.4 9.6 -10.0 -10.4 1.4 1973. -2.8 -4.7 -1.1 -2.5 3.4 -3.1 1974. -13.1 1.5 -7.7 9.0 -1.0 0.7 1975. -9.5 11.8 -2.7 10.8 -3.5 6.1 1976. 5.9 -3.9 4.0 0.0 0.5 -0.3 1977. 6.3 3.9 23.0 -10.8 -4.7 -1.2 1978. -1.1 -2.0 -3.7 -3.7 -6.7 -2.7 1979. -3.1 -1.2 2.0 3.8 2.1 0.4 1980. -7.3 9.2 8.6 3.7 2.1 3.4 1981. -5.5 1.5 4.3 -0.7 7.5 -0.1 1982. -3.4 6.7 6.3 5.3 20.8 5.3 1983. 13.9 -2.1 7.5 4.4 -24.4 2.0 1984. 8.4 3.3 3.2 4.1 25.3 5.5 1985. 2.3 2.7 2.3 2.7 -2.5 2.4 1986. 8.9 4.9 -0.3 2.4 -7.9 3.9 1987. 9.5 1.4 -4.7 5.9 0.5 4.5 1988. 0.8 -2.3 -6.3 4.7 1.7 0.9 1989. -1.3 -2.8 -1.0 3.1 -10.5 -0.8 1990. -1.3 1.3 -2.8 1.8 -2.0 0.7 1991. -6.5 2.1 -7.6 1.5 -3.7 -0.3 1992. 5.1 0.2 11.8 -3.0 -9.8 -0.6 1993. 0.1 -5.9 -10.1 -8.5 -30.8 -8.1 1994. 3.7 -0.6 -0.5 -3.4 3.0 -0.7 1995. 0.0 0.2 -2.9 1.6 7.2 1.2 1996. -2.2 0.5 3.8 -5.0 -1.5 -2.2 1997. -2.8 -1.4 12.7 -1.1 -4.6 -1.5 1998. 2.6 0.9 -0.3 -4.8 1.9 -1.0 1999. 1.6 1.5 -0.8 -4.4 -1.8 -1.1 2000. -3.0 -0.3 0.4 -1.7 4.1 -0.8 2001. -4.9 0.9 -0.5 -4.2 9.0 -1.2 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 0.0 2.1 -0.4 0.5 -0.5 1.0 1949-1973 -0.1 3.3 -2.1 0.7 0.9 1.7 1973-2001 0.0 1.1 1.1 0.4 -1.7 0.5 1973-1979 -2.7 1.5 2.0 1.2 -2.3 0.4 1979-1990 2.1 2.1 1.4 3.4 0.1 2.5 1990-1995 0.4 -0.8 -2.2 -2.4 -7.8 -1.7 1995-2000 -0.8 0.2 3.0 -3.4 -0.4 -1.3 2000-2001 -4.9 0.9 -0.5 -4.2 9.0 -1.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LUMBER AND WOOD PRODUCTS (SIC 24) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 82.6 50.5 126.5 82.2 220.0 70.9 1963. 86.4 54.7 94.6 88.1 217.7 75.3 1964. 91.1 57.6 86.8 86.4 224.4 77.3 1965. 92.6 58.9 87.0 89.4 245.6 79.4 1966. 89.3 58.7 79.3 86.7 215.2 77.5 1967. 91.4 64.7 72.6 89.0 215.7 81.9 1968. 92.2 66.5 61.7 87.2 199.6 81.9 1969. 87.3 64.5 61.9 79.9 190.0 77.6 1970. 86.3 72.3 67.0 86.4 211.6 84.1 1971. 85.3 72.8 75.0 87.4 187.1 84.4 1972. 97.1 79.0 82.2 78.7 167.7 85.6 1973. 94.4 75.3 81.3 76.7 173.5 82.9 1974. 82.0 76.4 75.1 83.6 171.7 83.4 1975. 74.2 85.4 73.1 92.6 165.7 88.5 1976. 78.6 82.0 76.0 92.7 166.5 88.2 1977. 83.5 85.3 93.5 82.7 158.7 87.1 1978. 82.6 83.5 90.0 79.6 148.0 84.7 1979. 80.0 82.5 91.8 82.6 151.1 85.1 1980. 74.2 90.1 99.7 85.6 154.2 88.0 1981. 70.1 91.4 104.0 85.0 165.8 87.9 1982. 67.7 97.6 110.6 89.5 200.4 92.6 1983. 77.1 95.5 118.9 93.5 151.5 94.4 1984. 83.6 98.7 122.8 97.3 189.8 99.6 1985. 85.5 101.4 125.5 99.9 185.0 102.0 1986. 93.1 106.4 125.1 102.3 170.3 105.9 1987. 101.9 107.9 119.2 108.4 171.2 110.7 1988. 102.7 105.4 111.7 113.4 174.1 111.7 1989. 101.4 102.5 110.6 116.9 155.9 110.9 1990. 100.1 103.8 107.4 119.1 152.8 111.6 1991. 93.6 105.9 99.3 120.8 147.1 111.3 1992. 98.4 106.2 111.0 117.2 132.7 110.7 1993. 98.6 100.0 99.8 107.3 91.9 101.8 1994. 102.3 99.3 99.3 103.7 94.7 101.1 1995. 102.2 99.5 96.3 105.3 101.5 102.3 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 97.2 98.6 112.7 98.9 95.4 98.5 1998. 99.8 99.5 112.4 94.1 97.2 97.5 1999. 101.4 100.9 111.5 90.0 95.4 96.4 2000. 98.4 100.6 111.9 88.5 99.3 95.6 2001. 93.5 101.5 111.4 84.8 108.2 94.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LUMBER AND WOOD PRODUCTS (SIC 24) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 4.381 0.692 1.913 0.070 1.538 0.168 1953. 6.101 0.836 2.762 0.132 2.122 0.249 1954. 5.709 0.821 2.544 0.086 2.032 0.225 1955. 6.631 1.106 2.809 0.111 2.347 0.259 1956. 6.629 1.027 2.929 0.127 2.290 0.257 1957. 5.892 0.822 2.734 0.131 1.977 0.229 1958. 5.703 0.838 2.604 0.120 1.926 0.214 1959. 6.583 1.130 2.941 0.131 2.162 0.219 1960. 6.222 0.922 2.890 0.115 2.074 0.221 1961. 5.932 0.896 2.773 0.106 1.946 0.211 1962. 6.281 1.003 2.944 0.107 2.003 0.224 1963. 6.857 1.273 3.128 0.146 2.058 0.252 1964. 7.542 1.430 3.356 0.160 2.328 0.269 1965. 8.017 1.614 3.520 0.161 2.456 0.267 1966. 8.465 1.415 3.868 0.179 2.686 0.315 1967. 8.947 1.486 4.004 0.201 2.909 0.346 1968. 10.362 1.947 4.468 0.238 3.308 0.400 1969. 11.586 2.223 4.936 0.240 3.754 0.433 1970. 11.135 1.658 5.174 0.244 3.628 0.431 1971. 12.649 1.837 5.712 0.263 4.308 0.530 1972. 16.810 2.929 6.576 0.293 6.270 0.741 1973. 19.752 4.131 7.366 0.325 7.193 0.738 1974. 19.251 3.772 7.397 0.404 6.930 0.748 1975. 17.797 3.171 6.929 0.483 6.416 0.799 1976. 22.343 4.519 8.482 0.587 7.819 0.937 1977. 28.299 5.761 9.879 0.620 10.854 1.185 1978. 33.389 7.415 11.306 0.726 12.537 1.406 1979. 36.239 7.842 12.448 0.809 13.652 1.489 1980. 34.337 5.720 12.411 0.893 13.768 1.544 1981. 33.908 4.101 12.735 0.994 14.558 1.520 1982. 31.261 4.162 11.507 0.954 13.370 1.269 1983. 38.490 6.757 13.174 1.036 15.520 2.002 1984. 41.722 7.657 14.712 1.129 16.399 1.825 1985. 41.919 7.263 15.316 1.113 16.239 1.986 1986. 45.803 8.990 16.230 1.105 17.109 2.369 1987. 51.272 11.793 17.289 1.199 18.328 2.663 1988. 52.985 11.001 18.727 1.261 19.185 2.811 1989. 54.196 11.226 18.984 1.268 19.795 2.923 1990. 54.085 9.737 19.390 1.317 20.604 3.037 1991. 50.725 8.673 18.590 1.295 19.261 2.907 1992. 57.489 9.496 21.112 1.345 21.889 3.648 1993. 66.513 11.356 22.255 1.494 25.955 5.453 1994. 72.943 13.232 24.018 1.553 28.202 5.938 1995. 74.378 14.599 24.216 1.541 28.133 5.890 1996. 74.046 11.475 25.938 1.641 28.892 6.099 1997. 76.598 11.852 27.514 1.488 29.244 6.500 1998. 78.567 11.510 28.759 1.404 30.182 6.711 1999. 83.492 13.274 29.907 1.571 31.397 7.343 2000. 80.460 10.804 30.016 1.885 30.778 6.978 2001. 75.207 8.268 29.437 1.828 29.201 6.473 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: LUMBER AND WOOD PRODUCTS (SIC 24) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.158 0.437 0.016 0.351 0.038 1952. 0.145 0.446 0.021 0.348 0.040 1953. 0.137 0.453 0.022 0.348 0.041 1954. 0.144 0.446 0.015 0.356 0.039 1955. 0.167 0.424 0.017 0.354 0.039 1956. 0.155 0.442 0.019 0.345 0.039 1957. 0.140 0.464 0.022 0.335 0.039 1958. 0.147 0.457 0.021 0.338 0.038 1959. 0.172 0.447 0.020 0.328 0.033 1960. 0.148 0.464 0.018 0.333 0.035 1961. 0.151 0.467 0.018 0.328 0.036 1962. 0.160 0.469 0.017 0.319 0.036 1963. 0.186 0.456 0.021 0.300 0.037 1964. 0.190 0.445 0.021 0.309 0.036 1965. 0.201 0.439 0.020 0.306 0.033 1966. 0.167 0.457 0.021 0.317 0.037 1967. 0.166 0.448 0.022 0.325 0.039 1968. 0.188 0.431 0.023 0.319 0.039 1969. 0.192 0.426 0.021 0.324 0.037 1970. 0.149 0.465 0.022 0.326 0.039 1971. 0.145 0.452 0.021 0.341 0.042 1972. 0.174 0.391 0.017 0.373 0.044 1973. 0.209 0.373 0.016 0.364 0.037 1974. 0.196 0.384 0.021 0.360 0.039 1975. 0.178 0.389 0.027 0.360 0.045 1976. 0.202 0.380 0.026 0.350 0.042 1977. 0.204 0.349 0.022 0.384 0.042 1978. 0.222 0.339 0.022 0.375 0.042 1979. 0.216 0.343 0.022 0.377 0.041 1980. 0.167 0.361 0.026 0.401 0.045 1981. 0.121 0.376 0.029 0.429 0.045 1982. 0.133 0.368 0.031 0.428 0.041 1983. 0.176 0.342 0.027 0.403 0.052 1984. 0.184 0.353 0.027 0.393 0.044 1985. 0.173 0.365 0.027 0.387 0.047 1986. 0.196 0.354 0.024 0.374 0.052 1987. 0.230 0.337 0.023 0.357 0.052 1988. 0.208 0.353 0.024 0.362 0.053 1989. 0.207 0.350 0.023 0.365 0.054 1990. 0.180 0.359 0.024 0.381 0.056 1991. 0.171 0.366 0.026 0.380 0.057 1992. 0.165 0.367 0.023 0.381 0.063 1993. 0.171 0.335 0.022 0.390 0.082 1994. 0.181 0.329 0.021 0.387 0.081 1995. 0.196 0.326 0.021 0.378 0.079 1996. 0.155 0.350 0.022 0.390 0.082 1997. 0.155 0.359 0.019 0.382 0.085 1998. 0.147 0.366 0.018 0.384 0.085 1999. 0.159 0.358 0.019 0.376 0.088 2000. 0.134 0.373 0.023 0.383 0.087 2001. 0.110 0.391 0.024 0.388 0.086 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: FURNITURE AND FIXTURES (SIC 25) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -2.2 4.2 0.1 4.3 -4.0 1.7 -1.4 -0.8 1964. 6.3 3.8 4.6 16.5 5.4 -3.3 4.5 1.8 1965. 8.2 5.6 7.0 9.8 3.5 -1.0 4.8 3.3 1966. 6.4 8.1 6.4 10.2 6.0 7.4 6.5 0.0 1967. -0.5 9.0 -3.1 16.4 0.9 6.0 0.5 -0.9 1968. 4.9 4.2 2.8 6.5 4.4 2.5 3.7 1.2 1969. 5.8 5.1 1.9 6.1 5.2 9.5 4.1 1.5 1970. -5.2 5.7 -7.7 12.1 1.2 4.0 -1.7 -3.5 1971. 4.5 4.7 1.9 2.3 3.5 6.8 3.2 1.3 1972. 20.4 5.5 9.3 6.1 19.1 17.8 14.1 5.5 1973. 4.9 8.6 4.7 -4.9 2.1 14.8 4.3 0.6 1974. -7.4 5.9 -5.5 -0.3 -7.1 5.9 -4.8 -2.7 1975. -13.7 1.0 -17.0 -9.6 -15.2 -6.0 -14.2 0.6 1976. 11.2 1.8 7.9 1.3 9.0 5.2 7.7 3.3 1977. 11.9 3.7 7.4 5.3 11.5 13.1 9.6 2.1 1978. 7.6 4.8 5.7 3.8 7.9 3.5 6.5 1.0 1979. -1.1 5.1 -1.3 -5.3 0.1 7.0 0.5 -1.5 1980. -2.2 2.8 -7.7 -5.3 -5.7 -1.6 -5.5 3.4 1981. -0.5 2.3 1.1 -0.9 -1.9 -5.5 -1.0 0.4 1982. -5.2 0.8 -9.7 -8.8 -3.9 -11.8 -6.4 1.3 1983. 9.0 0.1 10.6 4.7 6.9 13.2 8.1 0.9 1984. 10.7 4.9 9.3 7.4 10.6 2.4 8.9 1.7 1985. 1.4 4.6 1.1 0.6 2.7 -5.1 1.7 -0.2 1986. 4.9 2.4 1.9 6.9 7.3 13.8 5.6 -0.6 1987. 5.7 4.0 2.4 17.4 4.2 8.6 4.1 1.5 1988. -0.1 3.5 1.4 3.5 -0.3 -3.1 0.4 -0.5 1989. 0.7 1.8 0.8 4.8 1.1 -2.1 0.8 -0.1 1990. -1.5 1.8 -4.0 -6.0 0.4 -4.3 -1.5 0.0 1991. -6.5 0.0 -6.9 -1.0 -6.7 -11.0 -6.7 0.3 1992. 8.1 1.0 3.8 0.8 6.3 3.4 4.8 3.2 1993. 5.2 2.4 3.2 5.6 3.9 2.0 3.4 1.8 1994. 3.3 2.5 2.9 2.2 6.3 2.7 4.5 -1.2 1995. 3.8 3.1 -0.8 5.5 5.7 3.5 3.2 0.6 1996. 1.3 2.5 -0.5 -3.7 2.6 -1.3 1.2 0.1 1997. 11.0 3.7 3.5 10.5 9.4 12.2 7.3 3.4 1998. 7.3 5.0 3.3 6.7 10.7 5.2 7.4 -0.1 1999. 4.1 5.2 2.5 4.1 4.2 2.2 3.6 0.5 2000. 1.8 4.3 0.9 1.9 2.9 0.1 2.1 -0.4 2001. -7.7 1.1 -9.8 -6.4 -6.4 -11.2 -7.4 -0.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.9 3.3 0.9 3.2 3.0 2.8 2.3 0.6 1949-1973 3.9 3.7 1.9 5.3 4.1 4.7 3.3 0.6 1973-2001 2.1 2.9 0.0 1.5 2.2 1.2 1.4 0.6 1973-1979 1.0 3.7 -0.9 -0.9 0.6 4.6 0.5 0.4 1979-1990 2.0 2.6 0.5 2.0 1.8 0.1 1.3 0.7 1990-1995 2.7 1.8 0.4 2.6 3.0 -0.1 1.7 0.9 1995-2000 5.0 4.1 1.9 3.8 5.9 3.6 4.3 0.7 2000-2001 -7.7 1.1 -9.8 -6.4 -6.4 -11.2 -7.4 -0.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FURNITURE AND FIXTURES (SIC 25) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 26.0 22.7 62.5 22.5 25.5 25.3 34.9 74.3 1953. 34.3 25.0 73.6 31.8 34.4 32.0 44.1 77.7 1954. 33.1 25.0 67.1 27.2 33.5 30.1 41.9 79.0 1955. 37.6 26.0 73.0 30.8 37.6 33.5 46.2 81.3 1956. 38.6 26.8 74.1 33.4 39.0 35.2 47.6 81.2 1957. 37.5 27.2 72.6 33.5 38.6 34.5 47.0 79.8 1958. 35.9 27.0 69.1 35.0 38.0 32.4 45.7 78.6 1959. 38.5 27.4 75.6 35.0 40.1 32.3 48.5 79.3 1960. 37.7 27.9 74.4 33.4 39.3 34.4 47.9 78.6 1961. 36.8 27.8 71.5 31.8 39.2 35.4 47.3 77.8 1962. 39.7 28.9 75.7 34.9 42.6 41.0 50.9 78.1 1963. 38.8 30.1 75.8 36.4 40.9 41.7 50.2 77.4 1964. 41.3 31.3 79.3 42.4 43.1 40.3 52.4 78.8 1965. 44.7 33.0 84.8 46.6 44.6 39.9 54.9 81.4 1966. 47.6 35.7 90.3 51.3 47.3 42.8 58.4 81.4 1967. 47.3 38.9 87.5 59.7 47.7 45.4 58.7 80.6 1968. 49.7 40.5 89.9 63.6 49.8 46.5 60.9 81.6 1969. 52.5 42.6 91.6 67.4 52.3 50.9 63.4 82.9 1970. 49.8 45.0 84.5 75.6 52.9 52.9 62.3 80.0 1971. 52.0 47.2 86.1 77.3 54.8 56.5 64.3 81.0 1972. 62.7 49.8 94.2 82.0 65.3 66.6 73.4 85.4 1973. 65.8 54.0 98.7 78.0 66.6 76.5 76.5 85.9 1974. 60.9 57.2 93.2 77.7 61.9 81.0 72.8 83.6 1975. 52.6 57.8 77.3 70.3 52.5 76.1 62.5 84.1 1976. 58.5 58.8 83.4 71.2 57.2 80.1 67.3 86.9 1977. 65.4 61.0 89.6 75.0 63.8 90.6 73.8 88.7 1978. 70.4 63.9 94.7 77.9 68.8 93.8 78.6 89.6 1979. 69.7 67.2 93.5 73.7 68.9 100.4 79.0 88.2 1980. 68.1 69.1 86.3 69.8 64.9 98.8 74.6 91.2 1981. 67.7 70.7 87.2 69.2 63.7 93.3 73.9 91.7 1982. 64.2 71.2 78.8 63.1 61.2 82.3 69.2 92.8 1983. 70.0 71.3 87.1 66.1 65.4 93.1 74.8 93.6 1984. 77.5 74.8 95.2 71.0 72.4 95.4 81.4 95.2 1985. 78.6 78.3 96.3 71.4 74.4 90.5 82.7 95.0 1986. 82.5 80.2 98.1 76.3 79.8 103.0 87.3 94.5 1987. 87.2 83.3 100.5 89.6 83.2 111.8 90.9 95.9 1988. 87.1 86.3 101.9 92.7 82.9 108.4 91.3 95.5 1989. 87.8 87.8 102.7 97.2 83.9 106.1 92.0 95.4 1990. 86.4 89.4 98.6 91.3 84.2 101.6 90.6 95.4 1991. 80.9 89.3 91.9 90.4 78.6 90.4 84.5 95.7 1992. 87.4 90.2 95.3 91.2 83.5 93.4 88.6 98.7 1993. 92.0 92.3 98.4 96.3 86.8 95.3 91.6 100.5 1994. 95.0 94.6 101.3 98.5 92.2 97.8 95.7 99.3 1995. 98.7 97.5 100.5 103.9 97.5 101.3 98.8 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 111.0 103.7 103.5 110.5 109.4 112.2 107.3 103.4 1998. 119.0 108.9 106.9 118.0 121.2 118.1 115.3 103.2 1999. 123.9 114.5 109.6 122.7 126.3 120.7 119.4 103.7 2000. 126.1 119.4 110.6 125.0 129.9 120.9 122.0 103.4 2001. 116.3 120.7 99.8 117.1 121.6 107.4 113.0 103.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FURNITURE AND FIXTURES (SIC 25) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 1.6 4.3 1.9 -1.9 -0.8 2.3 0.8 -0.8 1964. 0.4 5.7 1.9 -11.5 2.0 2.2 2.2 1.8 1965. 0.6 24.8 1.9 -0.9 2.2 2.7 4.0 3.3 1966. 3.2 -6.8 5.6 0.8 3.6 3.0 3.2 0.0 1967. 3.3 -8.0 6.5 -8.4 1.3 3.0 2.4 -0.9 1968. 3.7 0.8 7.0 -3.0 4.5 2.9 5.0 1.2 1969. 4.3 9.7 7.4 1.8 4.5 3.0 5.9 1.5 1970. 3.9 -25.8 7.5 1.2 -0.8 4.9 0.3 -3.5 1971. 2.5 0.5 2.9 9.1 4.8 4.8 3.8 1.3 1972. 2.4 33.9 6.9 11.9 5.6 4.9 8.0 5.5 1973. 5.7 -28.0 8.8 11.4 10.6 4.5 6.3 0.6 1974. 13.3 -17.1 9.7 26.9 14.4 7.0 10.3 -2.7 1975. 7.5 25.6 7.4 17.4 6.7 7.6 8.2 0.6 1976. 5.2 17.2 8.2 15.4 8.0 7.8 8.7 3.3 1977. 6.0 9.5 7.7 16.7 8.2 8.6 8.2 2.1 1978. 7.6 17.7 7.2 12.8 8.6 8.3 8.7 1.0 1979. 8.2 -20.1 7.1 17.5 9.6 7.3 6.6 -1.5 1980. 8.3 21.8 16.6 15.8 8.6 8.8 12.0 3.4 1981. 7.8 7.0 8.6 14.9 8.0 8.6 8.3 0.4 1982. 5.6 14.7 10.4 18.0 3.2 7.0 6.9 1.3 1983. 3.3 22.4 0.4 3.2 3.8 6.1 4.2 0.9 1984. 3.2 19.3 3.4 3.3 3.7 5.4 5.0 1.7 1985. 3.2 0.7 5.6 0.7 1.3 4.7 3.0 -0.2 1986. 2.2 -3.1 4.3 -5.1 1.0 0.9 1.6 -0.6 1987. 2.4 -10.3 8.6 -6.8 3.3 4.7 3.9 1.5 1988. 4.5 -14.2 4.2 0.4 6.5 5.4 4.0 -0.5 1989. 3.8 11.0 1.3 1.0 4.6 3.4 3.7 -0.1 1990. 3.0 -14.1 6.7 1.9 2.5 5.4 3.0 0.0 1991. 2.0 -0.5 3.2 -2.3 1.7 4.4 2.3 0.3 1992. 1.2 15.5 5.1 6.7 2.5 5.1 4.4 3.2 1993. 2.0 15.2 1.7 -1.1 4.0 2.9 3.8 1.8 1994. 3.4 -7.5 3.4 -0.8 2.5 3.8 2.2 -1.2 1995. 2.8 8.3 2.8 -3.1 3.5 3.0 3.5 0.6 1996. 2.3 26.8 0.4 6.1 0.4 3.7 2.4 0.1 1997. 1.5 18.3 7.9 -0.5 1.4 3.9 4.9 3.4 1998. 1.0 3.6 4.0 -8.9 -1.6 3.3 0.9 -0.1 1999. 1.1 -0.5 4.2 4.4 0.0 2.8 1.5 0.5 2000. 1.3 -18.7 5.1 23.1 1.0 3.5 0.9 -0.4 2001. 1.2 -9.1 4.5 -0.2 -0.2 2.8 0.9 -0.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.3 2.7 5.1 3.3 3.3 4.4 4.0 0.6 1949-1973 2.5 1.3 4.6 0.4 2.3 3.5 3.1 0.6 1973-2001 4.1 4.0 5.7 5.9 4.1 5.2 4.7 0.6 1973-1979 8.0 3.9 7.9 17.7 9.2 7.8 8.4 0.4 1979-1990 4.3 4.2 6.3 4.0 4.2 5.5 5.0 0.7 1990-1995 2.3 5.8 3.2 -0.2 2.8 3.8 3.2 0.9 1995-2000 1.4 4.7 4.3 4.3 0.2 3.4 2.1 0.7 2000-2001 1.2 -9.1 4.5 -0.2 -0.2 2.8 0.9 -0.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FURNITURE AND FIXTURES (SIC 25) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 19.4 22.4 9.5 21.3 18.8 12.4 14.4 74.3 1953. 22.0 21.7 12.1 21.5 21.7 15.2 17.1 77.7 1954. 22.0 24.3 12.5 21.4 21.6 15.6 17.4 79.0 1955. 22.3 29.3 12.9 20.8 22.3 16.1 18.1 81.3 1956. 23.4 31.9 13.6 21.3 23.0 16.7 19.0 81.2 1957. 24.1 29.8 14.2 21.8 23.2 17.1 19.2 79.8 1958. 24.4 24.0 14.6 21.0 23.2 17.9 19.2 78.6 1959. 24.8 29.1 14.9 21.1 23.5 18.2 19.7 79.3 1960. 25.1 27.1 15.3 21.0 23.2 18.8 19.7 78.6 1961. 25.2 29.4 15.3 21.3 22.6 19.1 19.6 77.8 1962. 25.5 32.2 15.7 21.5 22.5 19.5 19.9 78.1 1963. 25.9 33.6 16.0 21.1 22.3 20.0 20.0 77.4 1964. 26.0 35.6 16.3 18.6 22.8 20.4 20.5 78.8 1965. 26.1 44.4 16.6 18.5 23.3 21.0 21.3 81.4 1966. 27.0 41.3 17.5 18.6 24.1 21.6 22.0 81.4 1967. 27.9 38.0 18.7 17.0 24.4 22.2 22.5 80.6 1968. 28.9 38.3 20.0 16.5 25.5 22.9 23.6 81.6 1969. 30.2 42.1 21.5 16.8 26.7 23.6 25.0 82.9 1970. 31.4 31.2 23.1 17.0 26.5 24.7 25.1 80.0 1971. 32.1 31.4 23.7 18.6 27.7 25.9 26.0 81.0 1972. 32.9 42.0 25.4 20.8 29.3 27.2 28.1 85.4 1973. 34.8 30.3 27.6 23.2 32.4 28.4 29.9 85.9 1974. 39.4 25.1 30.3 29.4 37.1 30.4 32.9 83.6 1975. 42.4 31.5 32.5 34.5 39.5 32.7 35.6 84.1 1976. 44.6 36.9 35.2 39.9 42.7 35.3 38.7 86.9 1977. 47.3 40.4 37.9 46.5 46.2 38.3 41.9 88.7 1978. 50.9 47.6 40.6 52.5 50.1 41.5 45.6 89.6 1979. 55.1 38.0 43.5 61.7 55.0 44.5 48.6 88.2 1980. 59.6 46.3 50.7 71.4 59.7 48.4 54.4 91.2 1981. 64.3 49.5 55.0 82.1 64.5 52.6 58.9 91.7 1982. 67.9 56.8 60.7 96.9 66.6 56.2 63.0 92.8 1983. 70.1 69.6 61.0 100.0 69.1 59.7 65.7 93.6 1984. 72.4 83.0 63.0 103.3 71.7 62.9 68.9 95.2 1985. 74.7 83.6 66.6 104.0 72.6 65.9 71.0 95.0 1986. 76.4 81.0 69.4 98.7 73.4 66.5 72.1 94.5 1987. 78.2 72.7 75.4 92.1 75.8 69.6 75.0 95.9 1988. 81.7 62.4 78.6 92.4 80.8 73.3 78.0 95.5 1989. 84.8 69.2 79.6 93.3 84.5 75.8 80.9 95.4 1990. 87.3 59.5 84.9 95.1 86.6 79.9 83.3 95.4 1991. 89.1 59.2 87.7 92.9 88.0 83.4 85.2 95.7 1992. 90.1 68.3 92.1 99.2 90.2 87.7 89.0 98.7 1993. 91.9 78.7 93.7 98.1 93.8 90.2 92.3 100.5 1994. 95.0 72.8 96.9 97.2 96.2 93.6 94.3 99.3 1995. 97.7 78.9 99.6 94.2 99.6 96.4 97.6 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 101.5 118.3 107.9 99.5 101.4 103.9 104.9 103.4 1998. 102.5 122.6 112.2 90.7 99.8 107.3 105.8 103.2 1999. 103.6 121.9 117.0 94.7 99.8 110.4 107.5 103.7 2000. 104.9 99.1 123.0 116.5 100.8 114.2 108.4 103.4 2001. 106.2 90.1 128.6 116.2 100.6 117.4 109.4 103.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FURNITURE AND FIXTURES (SIC 25) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. -6.2 -2.3 -6.2 1.9 -3.9 -0.8 1964. 2.4 1.6 -8.8 0.9 10.0 1.8 1965. 2.5 1.1 -1.4 4.6 9.4 3.3 1966. -1.5 0.0 -3.4 0.4 -0.9 0.0 1967. -8.6 2.7 -14.5 -1.3 -6.1 -0.9 1968. 0.7 2.1 -1.4 0.5 2.4 1.2 1969. 0.6 3.8 -0.3 0.6 -3.4 1.5 1970. -10.3 2.7 -15.4 -6.3 -8.8 -3.5 1971. -0.2 2.6 2.2 1.0 -2.2 1.3 1972. 14.2 10.1 13.5 1.1 2.2 5.5 1973. -3.4 0.2 10.3 2.8 -8.6 0.6 1974. -12.6 -2.0 -7.1 -0.3 -12.5 -2.7 1975. -14.5 4.0 -4.5 1.8 -8.2 0.6 1976. 9.3 3.1 9.8 2.0 5.7 3.3 1977. 8.0 4.2 6.2 0.4 -1.1 2.1 1978. 2.6 1.8 3.6 -0.3 3.9 1.0 1979. -5.9 0.2 4.5 -1.1 -7.6 -1.5 1980. -4.9 5.9 3.2 3.7 -0.7 3.4 1981. -2.8 -1.6 0.4 1.4 5.3 0.4 1982. -5.9 5.0 3.9 -1.3 7.5 1.3 1983. 8.9 -1.4 4.1 2.0 -3.7 0.9 1984. 5.5 1.3 3.1 0.1 8.1 1.7 1985. -3.1 0.3 0.8 -1.3 6.9 -0.2 1986. 2.5 3.0 -1.8 -2.2 -7.7 -0.6 1987. 1.7 3.2 -10.0 1.4 -2.7 1.5 1988. -3.5 -1.5 -3.5 0.1 3.1 -0.5 1989. -1.0 -0.1 -3.9 -0.4 2.9 -0.1 1990. -3.2 2.6 4.8 -1.9 2.9 0.0 1991. -6.4 0.4 -5.5 0.3 5.1 0.3 1992. 7.1 4.2 7.3 1.7 4.6 3.2 1993. 2.8 2.0 -0.4 1.3 3.1 1.8 1994. 0.8 0.4 1.0 -2.8 0.6 -1.2 1995. 0.7 4.6 -1.6 -1.8 0.3 0.6 1996. -1.1 1.8 5.3 -1.2 2.6 0.1 1997. 7.0 7.2 0.4 1.4 -1.1 3.4 1998. 2.1 3.9 0.5 -3.1 2.0 -0.1 1999. -1.1 1.6 0.0 -0.1 1.8 0.5 2000. -2.4 0.8 -0.1 -1.1 1.6 -0.4 2001. -8.7 2.3 -1.4 -1.4 3.9 -0.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.3 2.0 -0.3 -0.1 0.1 0.6 1949-1973 0.3 2.0 -1.3 -0.1 -0.7 0.6 1973-2001 -0.8 2.0 0.6 -0.1 0.8 0.6 1973-1979 -2.6 1.9 1.9 0.4 -3.5 0.4 1979-1990 -0.6 1.5 0.0 0.1 1.9 0.7 1990-1995 0.9 2.3 0.1 -0.3 2.7 0.9 1995-2000 0.9 3.0 1.2 -0.8 1.4 0.7 2000-2001 -8.7 2.3 -1.4 -1.4 3.9 -0.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FURNITURE AND FIXTURES (SIC 25) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 137.3 52.5 113.8 93.3 96.9 78.1 1963. 128.9 51.3 106.7 95.0 93.2 77.4 1964. 132.0 52.1 97.3 95.8 102.4 78.8 1965. 135.3 52.7 95.9 100.2 112.0 81.4 1966. 133.3 52.7 92.7 100.6 111.1 81.4 1967. 121.8 54.1 79.3 99.3 104.3 80.6 1968. 122.6 55.2 78.1 99.8 106.8 81.6 1969. 123.3 57.3 77.9 100.4 103.2 82.9 1970. 110.6 58.9 65.9 94.1 94.1 80.0 1971. 110.3 60.4 67.3 95.0 92.1 81.0 1972. 125.9 66.5 76.4 96.0 94.1 85.4 1973. 121.7 66.7 84.3 98.7 86.0 85.9 1974. 106.4 65.3 78.4 98.4 75.2 83.6 1975. 90.9 68.0 74.8 100.2 69.1 84.1 1976. 99.4 70.1 82.1 102.2 73.0 86.9 1977. 107.3 73.0 87.3 102.6 72.2 88.7 1978. 110.2 74.3 90.4 102.3 75.1 89.6 1979. 103.7 74.5 94.5 101.1 69.4 88.2 1980. 98.6 78.9 97.5 104.8 68.9 91.2 1981. 95.8 77.6 97.9 106.3 72.6 91.7 1982. 90.1 81.5 101.7 104.9 78.0 92.8 1983. 98.2 80.3 105.9 107.0 75.2 93.6 1984. 103.6 81.4 109.2 107.1 81.3 95.2 1985. 100.4 81.6 110.1 105.7 86.9 95.0 1986. 102.9 84.1 108.1 103.4 80.1 94.5 1987. 104.7 86.8 97.3 104.9 78.0 95.9 1988. 101.0 85.5 94.0 105.0 80.4 95.5 1989. 100.0 85.4 90.3 104.6 82.7 95.4 1990. 96.7 87.6 94.7 102.6 85.1 95.4 1991. 90.5 88.0 89.4 102.9 89.5 95.7 1992. 97.0 91.7 95.9 104.7 93.6 98.7 1993. 99.7 93.5 95.5 106.0 96.6 100.5 1994. 100.5 93.8 96.5 103.1 97.1 99.3 1995. 101.2 98.2 95.0 101.2 97.4 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 107.0 107.2 100.4 101.4 98.9 103.4 1998. 109.3 111.3 100.9 98.2 100.8 103.2 1999. 108.1 113.0 100.9 98.1 102.6 103.7 2000. 105.5 114.0 100.8 97.0 104.3 103.4 2001. 96.4 116.6 99.4 95.6 108.3 103.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FURNITURE AND FIXTURES (SIC 25) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 2.753 0.227 0.999 0.028 1.358 0.141 1953. 4.121 0.241 1.500 0.040 2.122 0.217 1954. 3.983 0.271 1.413 0.034 2.054 0.211 1955. 4.592 0.339 1.590 0.038 2.384 0.241 1956. 4.940 0.381 1.705 0.042 2.549 0.263 1957. 4.943 0.360 1.737 0.043 2.539 0.264 1958. 4.801 0.289 1.705 0.043 2.504 0.260 1959. 5.236 0.355 1.900 0.044 2.674 0.262 1960. 5.170 0.337 1.921 0.041 2.582 0.289 1961. 5.072 0.364 1.849 0.040 2.516 0.303 1962. 5.538 0.415 2.004 0.044 2.716 0.358 1963. 5.501 0.452 2.045 0.045 2.587 0.373 1964. 5.870 0.496 2.179 0.047 2.781 0.368 1965. 6.395 0.653 2.375 0.051 2.942 0.374 1966. 7.025 0.657 2.669 0.056 3.229 0.413 1967. 7.225 0.659 2.755 0.060 3.300 0.451 1968. 7.863 0.692 3.032 0.062 3.601 0.476 1969. 8.675 0.798 3.315 0.067 3.958 0.537 1970. 8.548 0.626 3.290 0.076 3.971 0.585 1971. 9.153 0.659 3.448 0.085 4.306 0.655 1972. 11.286 0.931 4.029 0.101 5.416 0.809 1973. 12.513 0.728 4.590 0.107 6.118 0.971 1974. 13.136 0.640 4.759 0.135 6.502 1.100 1975. 12.190 0.811 4.242 0.143 5.881 1.113 1976. 14.268 0.968 4.949 0.167 6.921 1.263 1977. 16.930 1.098 5.724 0.206 8.352 1.551 1978. 19.604 1.355 6.483 0.241 9.786 1.739 1979. 20.993 1.137 6.853 0.268 10.737 1.998 1980. 22.222 1.424 7.375 0.294 10.990 2.139 1981. 23.832 1.560 8.094 0.335 11.648 2.195 1982. 23.860 1.804 8.069 0.361 11.556 2.070 1983. 26.867 2.210 8.960 0.390 12.821 2.486 1984. 30.713 2.767 10.122 0.432 14.709 2.683 1985. 32.148 2.917 10.810 0.438 15.315 2.667 1986. 34.485 2.894 11.485 0.444 16.601 3.062 1987. 37.319 2.699 12.776 0.486 17.877 3.481 1988. 38.964 2.398 13.505 0.505 19.000 3.557 1989. 40.729 2.707 13.793 0.535 20.095 3.599 1990. 41.313 2.368 14.131 0.512 20.673 3.630 1991. 39.420 2.355 13.585 0.495 19.612 3.373 1992. 43.128 2.745 14.814 0.533 21.372 3.663 1993. 46.279 3.238 15.553 0.557 23.084 3.846 1994. 49.432 3.069 16.548 0.565 25.153 4.098 1995. 52.789 3.427 16.886 0.577 27.529 4.369 1996. 54.738 4.455 16.866 0.590 28.354 4.474 1997. 61.640 5.464 18.848 0.649 31.465 5.215 1998. 66.793 5.946 20.244 0.631 34.302 5.670 1999. 70.237 6.223 21.619 0.685 35.750 5.961 2000. 72.396 5.275 22.943 0.859 37.141 6.178 2001. 67.642 4.848 21.640 0.802 34.712 5.639 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FURNITURE AND FIXTURES (SIC 25) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.082 0.363 0.010 0.493 0.051 1952. 0.080 0.366 0.010 0.492 0.051 1953. 0.059 0.364 0.010 0.515 0.053 1954. 0.068 0.355 0.009 0.516 0.053 1955. 0.074 0.346 0.008 0.519 0.052 1956. 0.077 0.345 0.008 0.516 0.053 1957. 0.073 0.351 0.009 0.514 0.053 1958. 0.060 0.355 0.009 0.522 0.054 1959. 0.068 0.363 0.008 0.511 0.050 1960. 0.065 0.372 0.008 0.499 0.056 1961. 0.072 0.365 0.008 0.496 0.060 1962. 0.075 0.362 0.008 0.490 0.065 1963. 0.082 0.372 0.008 0.470 0.068 1964. 0.084 0.371 0.008 0.474 0.063 1965. 0.102 0.371 0.008 0.460 0.058 1966. 0.094 0.380 0.008 0.460 0.059 1967. 0.091 0.381 0.008 0.457 0.062 1968. 0.088 0.386 0.008 0.458 0.061 1969. 0.092 0.382 0.008 0.456 0.062 1970. 0.073 0.385 0.009 0.465 0.068 1971. 0.072 0.377 0.009 0.470 0.072 1972. 0.083 0.357 0.009 0.480 0.072 1973. 0.058 0.367 0.009 0.489 0.078 1974. 0.049 0.362 0.010 0.495 0.084 1975. 0.067 0.348 0.012 0.482 0.091 1976. 0.068 0.347 0.012 0.485 0.089 1977. 0.065 0.338 0.012 0.493 0.092 1978. 0.069 0.331 0.012 0.499 0.089 1979. 0.054 0.326 0.013 0.511 0.095 1980. 0.064 0.332 0.013 0.495 0.096 1981. 0.065 0.340 0.014 0.489 0.092 1982. 0.076 0.338 0.015 0.484 0.087 1983. 0.082 0.334 0.015 0.477 0.093 1984. 0.090 0.330 0.014 0.479 0.087 1985. 0.091 0.336 0.014 0.476 0.083 1986. 0.084 0.333 0.013 0.481 0.089 1987. 0.072 0.342 0.013 0.479 0.093 1988. 0.062 0.347 0.013 0.488 0.091 1989. 0.066 0.339 0.013 0.493 0.088 1990. 0.057 0.342 0.012 0.500 0.088 1991. 0.060 0.345 0.013 0.497 0.086 1992. 0.064 0.343 0.012 0.496 0.085 1993. 0.070 0.336 0.012 0.499 0.083 1994. 0.062 0.335 0.011 0.509 0.083 1995. 0.065 0.320 0.011 0.521 0.083 1996. 0.081 0.308 0.011 0.518 0.082 1997. 0.089 0.306 0.011 0.510 0.085 1998. 0.089 0.303 0.009 0.514 0.085 1999. 0.089 0.308 0.010 0.509 0.085 2000. 0.073 0.317 0.012 0.513 0.085 2001. 0.072 0.320 0.012 0.513 0.083 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: STONE, CLAY, GLASS AND CONCRETE PRODUCTS (SIC 32) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 7.2 1.7 1.7 4.8 6.1 7.7 3.5 3.5 1964. 5.5 2.3 3.2 9.9 2.7 6.6 3.3 2.1 1965. 7.0 3.8 2.8 5.3 7.9 14.4 5.2 1.7 1966. 3.9 4.9 2.6 8.8 3.3 17.4 4.2 -0.2 1967. -3.9 3.4 -3.6 -7.3 -3.4 3.2 -2.4 -1.5 1968. 5.0 0.6 1.4 8.8 4.5 3.3 2.8 2.1 1969. 2.3 3.5 1.9 2.6 1.0 -2.4 1.7 0.6 1970. -5.2 2.4 -2.8 -2.1 -3.5 -5.6 -2.3 -2.9 1971. 4.0 2.0 0.7 2.9 6.4 5.7 3.1 0.9 1972. 10.8 2.7 5.7 4.4 12.9 9.8 7.6 3.0 1973. 6.4 4.9 5.4 -1.0 6.0 5.0 5.1 1.2 1974. -2.4 5.9 -2.6 3.8 1.9 2.1 0.6 -3.0 1975. -10.7 6.7 -12.5 -8.7 -12.8 -4.9 -9.9 -0.9 1976. 4.8 4.9 3.4 5.3 5.9 -3.7 4.3 0.5 1977. 5.5 4.7 4.4 0.7 10.9 9.1 6.5 -0.9 1978. 7.8 5.7 4.7 3.9 16.4 11.0 9.0 -1.1 1979. 0.1 5.4 0.9 -2.7 3.2 6.1 2.2 -2.1 1980. -9.7 4.0 -8.3 -13.5 -8.8 -11.5 -7.9 -2.0 1981. -3.7 2.2 -4.8 -2.9 -2.8 -5.0 -3.3 -0.4 1982. -10.6 -1.8 -11.3 -16.0 -3.3 -8.5 -8.2 -2.6 1983. 7.8 -4.2 4.0 2.4 -0.4 6.7 1.8 5.9 1984. 8.2 -3.4 6.1 3.9 4.8 0.0 4.1 3.9 1985. 1.8 0.4 -0.8 -0.1 -2.4 -4.6 -1.4 3.2 1986. 4.3 0.3 0.3 5.4 -0.9 7.6 0.6 3.7 1987. 2.5 -0.1 0.0 2.2 0.5 9.2 0.7 1.7 1988. 2.1 0.0 3.1 1.8 1.0 3.2 1.9 0.2 1989. -0.7 0.3 -0.3 -2.7 -3.7 -0.2 -1.7 1.1 1990. -1.0 -0.5 -3.4 0.0 -1.1 -1.2 -1.9 0.9 1991. -7.9 -1.0 -6.7 -4.5 -6.2 -6.0 -5.8 -2.2 1992. 4.9 -1.9 -0.4 2.6 0.3 4.8 0.2 4.6 1993. 2.2 -1.9 2.1 1.0 7.9 2.8 3.7 -1.4 1994. 4.9 -0.7 4.6 -1.9 3.6 2.7 3.1 1.8 1995. 2.8 1.1 1.5 5.7 2.1 4.1 2.1 0.7 1996. 5.8 2.5 3.0 -4.1 11.5 6.4 5.7 0.1 1997. 3.5 5.2 -0.4 1.7 -2.7 -2.6 -0.4 3.9 1998. 5.3 5.8 0.9 5.3 11.8 5.0 5.9 -0.6 1999. 1.3 5.8 1.2 1.3 2.2 0.1 2.3 -1.0 2000. -0.5 5.4 0.9 -0.4 1.7 -2.1 1.7 -2.1 2001. -4.8 4.8 -0.4 -3.3 1.3 -4.1 0.4 -5.2 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.2 2.5 0.4 1.0 2.7 2.5 1.6 0.6 1949-1973 4.0 3.1 1.4 3.0 4.3 4.6 2.9 1.1 1973-2001 0.7 1.9 -0.5 -0.6 1.3 0.8 0.5 0.2 1973-1979 0.7 5.6 -0.5 0.3 3.8 3.1 1.9 -1.2 1979-1990 -0.1 -0.3 -1.5 -2.0 -1.6 -0.6 -1.5 1.4 1990-1995 1.3 -0.9 0.1 0.5 1.5 1.6 0.6 0.7 1995-2000 3.1 4.9 1.1 0.7 4.7 1.3 3.0 0.0 2000-2001 -4.8 4.8 -0.4 -3.3 1.3 -4.1 0.4 -5.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: STONE, CLAY, GLASS AND CONCRETE PRODUCTS (SIC 32) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 33.6 36.8 83.6 60.9 29.1 26.3 48.8 68.9 1953. 45.1 39.9 96.5 66.3 40.6 34.4 59.3 76.0 1954. 44.5 40.1 91.2 70.0 40.2 34.3 58.1 76.6 1955. 50.7 41.6 98.7 77.3 45.8 39.3 63.6 79.7 1956. 51.8 44.7 100.7 79.4 47.9 41.8 66.2 78.2 1957. 50.4 48.2 97.6 75.6 47.6 40.9 66.0 76.3 1958. 49.4 50.1 91.5 80.1 46.0 39.6 64.3 76.8 1959. 56.1 51.3 100.5 89.6 52.5 42.6 70.6 79.4 1960. 54.9 52.9 99.1 88.0 51.9 42.2 70.3 78.2 1961. 55.4 54.3 95.6 86.9 52.0 43.0 69.6 79.6 1962. 57.0 55.5 97.6 87.9 52.3 41.8 70.6 80.8 1963. 61.2 56.4 99.3 92.1 55.5 45.0 73.1 83.7 1964. 64.5 57.7 102.5 101.2 57.0 48.0 75.5 85.5 1965. 69.1 59.8 105.4 106.6 61.5 54.9 79.5 86.9 1966. 71.8 62.8 108.1 116.0 63.5 64.4 82.8 86.7 1967. 69.0 64.9 104.2 107.5 61.4 66.5 80.8 85.4 1968. 72.4 65.4 105.7 117.0 64.1 68.7 83.1 87.2 1969. 74.1 67.7 107.7 120.0 64.7 67.0 84.5 87.7 1970. 70.2 69.3 104.7 117.5 62.5 63.3 82.5 85.2 1971. 73.1 70.6 105.4 121.0 66.5 66.9 85.0 85.9 1972. 81.0 72.6 111.4 126.3 75.1 73.5 91.5 88.4 1973. 86.1 76.1 117.5 124.9 79.6 77.1 96.3 89.5 1974. 84.1 80.6 114.4 129.7 81.1 78.7 96.9 86.8 1975. 75.1 86.1 100.1 118.5 70.7 74.8 87.3 86.0 1976. 78.7 90.3 103.5 124.7 74.9 72.1 91.1 86.5 1977. 83.1 94.5 108.0 125.6 83.0 78.7 97.0 85.7 1978. 89.6 99.9 113.1 130.6 96.7 87.3 105.6 84.8 1979. 89.6 105.3 114.1 127.0 99.8 92.7 108.0 83.0 1980. 81.0 109.5 104.7 109.8 91.0 82.0 99.5 81.4 1981. 78.0 111.9 99.7 106.6 88.5 77.9 96.2 81.1 1982. 69.7 109.9 88.4 89.5 85.5 71.3 88.3 79.0 1983. 75.1 105.2 91.9 91.7 85.2 76.1 89.8 83.6 1984. 81.3 101.7 97.5 95.3 89.3 76.1 93.6 86.9 1985. 82.7 102.1 96.7 95.2 87.2 72.6 92.3 89.6 1986. 86.2 102.4 97.0 100.4 86.4 78.1 92.8 92.9 1987. 88.4 102.2 97.0 102.6 86.7 85.3 93.5 94.5 1988. 90.2 102.2 100.0 104.5 87.6 88.0 95.3 94.7 1989. 89.6 102.5 99.7 101.7 84.3 87.8 93.6 95.7 1990. 88.7 102.0 96.4 101.6 83.4 86.8 91.9 96.6 1991. 81.7 101.0 89.9 97.0 78.3 81.6 86.6 94.4 1992. 85.7 99.1 89.5 99.6 78.5 85.5 86.7 98.8 1993. 87.6 97.2 91.4 100.6 84.7 87.9 89.9 97.4 1994. 91.9 96.5 95.6 98.7 87.8 90.3 92.7 99.2 1995. 94.5 97.6 97.1 104.3 89.7 94.0 94.6 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 103.5 105.2 99.6 101.7 97.3 97.4 99.6 103.9 1998. 108.9 111.3 100.5 107.1 108.7 102.3 105.5 103.2 1999. 110.4 117.8 101.8 108.4 111.2 102.4 108.0 102.2 2000. 109.9 124.1 102.7 108.1 113.1 100.2 109.8 100.1 2001. 104.6 130.1 102.3 104.5 114.5 96.1 110.3 94.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: STONE, CLAY, GLASS AND CONCRETE PRODUCTS (SIC 32) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -0.5 10.7 2.8 -0.4 -0.2 2.7 3.0 3.5 1964. 0.2 5.6 2.5 -4.6 1.4 2.9 2.3 2.1 1965. 0.1 -4.5 4.6 0.0 2.3 3.5 1.8 1.7 1966. 1.4 -13.6 7.1 -1.6 2.5 3.1 1.1 -0.2 1967. 2.1 -13.4 4.6 5.8 1.3 3.0 0.6 -1.5 1968. 4.5 15.8 7.9 -3.6 3.7 3.3 6.7 2.1 1969. 4.6 11.3 4.9 0.6 4.1 3.1 5.3 0.6 1970. 5.2 -16.5 7.7 7.9 3.3 5.1 2.2 -2.9 1971. 6.4 21.2 5.3 8.3 4.3 4.5 7.3 0.9 1972. 3.7 16.1 6.2 11.2 2.7 5.3 6.7 3.0 1973. 3.8 -3.7 7.2 13.4 5.3 4.9 5.0 1.2 1974. 12.5 -21.2 11.4 39.2 15.1 7.6 9.2 -3.0 1975. 14.4 7.4 14.2 29.0 11.9 7.6 13.3 -0.9 1976. 7.8 19.1 7.6 13.5 4.2 8.4 8.4 0.5 1977. 8.3 5.1 8.1 17.0 4.4 9.2 7.2 -0.9 1978. 10.6 17.5 10.1 12.4 5.2 8.5 9.5 -1.1 1979. 10.2 -7.9 9.0 15.6 11.3 7.8 7.9 -2.1 1980. 11.4 -23.6 12.4 26.8 13.3 9.9 9.2 -2.0 1981. 8.3 -24.6 11.9 15.6 10.0 9.6 7.8 -0.4 1982. 4.9 -50.8 9.6 17.6 0.3 6.5 2.2 -2.6 1983. 2.4 164.8 0.5 1.9 4.6 5.6 8.4 5.9 1984. 3.3 44.5 2.5 0.8 6.2 5.2 7.3 3.9 1985. 2.1 19.6 3.5 -3.0 5.5 4.7 5.3 3.2 1986. 1.5 29.0 3.1 -13.2 4.9 0.9 5.2 3.7 1987. 0.3 -21.1 8.7 -4.8 6.0 4.9 2.0 1.7 1988. 1.0 -15.7 3.9 -2.3 4.1 3.6 1.2 0.2 1989. 2.0 14.5 0.8 0.0 3.5 1.9 3.1 1.1 1990. 1.4 -7.9 5.7 -0.8 2.3 3.9 2.4 0.9 1991. 1.6 -11.1 1.6 -2.4 -0.4 2.5 -0.7 -2.2 1992. 0.4 38.7 4.1 2.5 -1.2 3.6 5.1 4.6 1993. 2.1 -7.6 3.3 5.0 -0.8 3.4 0.7 -1.4 1994. 3.6 43.5 0.4 -4.2 2.8 3.5 5.5 1.8 1995. 4.0 15.5 2.0 -5.7 6.0 2.9 4.8 0.7 1996. 1.5 -6.1 5.8 14.6 -1.9 3.8 1.6 0.1 1997. 1.4 33.8 0.8 2.9 0.0 4.3 5.3 3.9 1998. 1.6 1.0 4.2 -5.2 -1.6 3.2 1.0 -0.6 1999. 2.6 3.4 2.9 0.8 -0.7 2.6 1.6 -1.0 2000. 1.6 -23.5 6.4 19.0 1.1 3.3 -0.6 -2.1 2001. 0.9 -37.5 3.0 4.4 -0.5 2.3 -4.3 -5.2 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.6 2.4 5.5 4.6 3.3 4.5 4.2 0.6 1949-1973 2.7 3.2 5.4 2.5 2.6 3.9 3.8 1.1 1973-2001 4.3 1.7 5.6 6.4 4.0 5.0 4.6 0.2 1973-1979 10.6 2.3 10.1 20.7 8.6 8.2 9.2 -1.2 1979-1990 3.5 1.5 5.6 2.9 5.5 5.1 4.9 1.4 1990-1995 2.4 13.6 2.3 -1.0 1.2 3.2 3.0 0.7 1995-2000 1.7 0.1 4.0 6.0 -0.6 3.4 1.8 0.0 2000-2001 0.9 -37.5 3.0 4.4 -0.5 2.3 -4.3 -5.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: STONE, CLAY, GLASS AND CONCRETE PRODUCTS (SIC 32) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 17.3 19.8 7.3 12.0 17.8 11.7 11.9 68.9 1953. 19.9 29.3 9.6 13.9 20.2 14.6 15.1 76.0 1954. 20.5 32.2 10.1 13.1 20.6 15.1 15.7 76.6 1955. 21.1 41.9 10.4 13.3 20.9 15.5 16.9 79.7 1956. 22.2 38.1 11.3 14.4 21.7 16.1 17.4 78.2 1957. 23.1 34.2 11.9 15.3 22.3 16.7 17.6 76.3 1958. 23.6 34.6 12.7 14.9 22.7 17.6 18.2 76.8 1959. 24.1 41.4 13.0 15.3 23.1 18.0 19.2 79.4 1960. 24.3 35.0 13.7 15.5 23.4 18.7 19.0 78.2 1961. 24.2 34.7 14.2 15.8 23.3 19.2 19.3 79.6 1962. 24.2 34.4 14.5 15.2 24.1 19.8 19.6 80.8 1963. 24.1 38.1 14.9 15.2 24.0 20.4 20.2 83.7 1964. 24.2 40.2 15.2 14.5 24.4 20.9 20.7 85.5 1965. 24.2 38.4 15.9 14.5 24.9 21.7 21.0 86.9 1966. 24.5 33.2 17.1 14.3 25.6 22.3 21.3 86.7 1967. 25.0 28.8 17.8 15.1 25.9 23.0 21.4 85.4 1968. 26.2 33.3 19.2 14.5 26.8 23.8 22.8 87.2 1969. 27.4 37.0 20.2 14.6 27.9 24.5 24.0 87.7 1970. 28.8 30.9 21.8 15.8 28.9 25.8 24.5 85.2 1971. 30.6 37.5 22.9 17.1 30.1 26.9 26.3 85.9 1972. 31.8 43.5 24.3 19.0 30.9 28.3 28.1 88.4 1973. 33.0 41.9 26.1 21.6 32.6 29.7 29.5 89.5 1974. 37.1 33.0 29.0 30.0 37.5 32.0 32.2 86.8 1975. 42.4 35.5 33.2 38.7 42.0 34.4 36.5 86.0 1976. 45.7 42.2 35.7 44.0 43.7 37.3 39.6 86.5 1977. 49.5 44.4 38.6 51.5 45.6 40.7 42.4 85.7 1978. 54.8 52.1 42.5 57.9 48.0 44.2 46.4 84.8 1979. 60.4 48.0 46.3 66.9 53.4 47.6 50.1 83.0 1980. 67.3 36.7 52.1 84.8 60.5 52.3 54.8 81.4 1981. 72.8 27.7 58.3 98.0 66.6 57.4 59.0 81.1 1982. 76.4 13.6 63.8 115.2 66.8 61.1 60.3 79.0 1983. 78.2 36.1 64.2 117.5 69.9 64.5 65.4 83.6 1984. 80.8 52.1 65.8 118.4 74.2 67.8 70.1 86.9 1985. 82.4 62.3 68.1 114.8 78.3 71.0 73.9 89.6 1986. 83.7 80.3 70.2 99.6 82.1 71.7 77.8 92.9 1987. 83.9 63.4 76.3 94.9 87.0 75.2 79.3 94.5 1988. 84.8 53.4 79.3 92.7 90.5 77.9 80.3 94.7 1989. 86.5 61.2 79.9 92.6 93.7 79.4 82.8 95.7 1990. 87.7 56.4 84.4 91.9 95.8 82.4 84.7 96.6 1991. 89.1 50.1 85.8 89.7 95.4 84.5 84.2 94.4 1992. 89.5 69.5 89.4 92.0 94.3 87.5 88.5 98.8 1993. 91.4 64.2 92.3 96.6 93.5 90.5 89.1 97.4 1994. 94.7 92.2 92.7 92.6 96.2 93.7 93.9 99.2 1995. 98.5 106.5 94.5 87.3 101.9 96.3 98.4 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 101.4 133.8 100.8 102.9 100.0 104.3 105.3 103.9 1998. 103.0 135.1 105.1 97.5 98.4 107.6 106.3 103.2 1999. 105.7 139.7 108.2 98.3 97.7 110.4 108.0 102.2 2000. 107.4 106.9 115.1 117.0 98.8 114.0 107.4 100.1 2001. 108.4 66.8 118.5 122.2 98.3 116.7 102.8 94.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: STONE, CLAY, GLASS AND CONCRETE PRODUCTS (SIC 32) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 5.4 5.4 2.3 1.1 -0.4 3.5 1964. 3.2 2.2 -4.0 2.8 -1.0 2.1 1965. 3.1 4.1 1.6 -0.8 -6.5 1.7 1966. -0.9 1.3 -4.5 0.6 -11.4 -0.2 1967. -7.1 -0.3 3.7 -0.5 -6.9 -1.5 1968. 4.3 3.5 -3.6 0.5 1.6 2.1 1969. -1.2 0.4 -0.3 1.3 4.8 0.6 1970. -7.4 -2.5 -3.2 -1.8 0.4 -2.9 1971. 2.0 3.3 1.0 -2.3 -1.6 0.9 1972. 7.9 4.9 6.2 -1.8 0.9 3.0 1973. 1.4 0.9 7.5 0.4 1.3 1.2 1974. -7.8 0.3 -6.0 -4.2 -4.3 -3.0 1975. -16.3 2.1 -2.2 2.4 -6.1 -0.9 1976. -0.1 1.4 -0.4 -1.0 8.8 0.5 1977. 0.8 1.0 4.7 -4.9 -3.3 -0.9 1978. 2.0 3.0 3.7 -7.4 -2.9 -1.1 1979. -5.0 -0.8 2.9 -3.0 -5.7 -2.1 1980. -13.1 -1.5 4.4 -1.0 2.1 -2.0 1981. -5.8 1.2 -0.8 -0.9 1.4 -0.4 1982. -9.0 0.8 6.4 -7.5 -2.3 -2.6 1983. 12.5 3.6 5.2 8.1 0.9 5.9 1984. 12.0 2.0 4.2 3.2 8.2 3.9 1985. 1.4 2.6 1.9 4.3 6.7 3.2 1986. 4.0 3.9 -1.1 5.3 -3.1 3.7 1987. 2.6 2.5 0.3 2.0 -6.1 1.7 1988. 2.1 -1.0 0.2 1.1 -1.1 0.2 1989. -1.0 -0.4 2.1 3.2 -0.5 1.1 1990. -0.5 2.5 -0.9 0.1 0.2 0.9 1991. -7.0 -1.3 -3.6 -1.8 -2.0 -2.2 1992. 6.8 5.2 2.2 4.5 0.1 4.6 1993. 4.2 0.1 1.2 -5.3 -0.6 -1.4 1994. 5.7 0.3 7.0 1.3 2.1 1.8 1995. 1.7 1.2 -2.8 0.6 -1.2 0.7 1996. 3.3 2.8 10.4 -5.1 -0.5 0.1 1997. -1.6 3.9 1.7 6.3 6.2 3.9 1998. -0.5 4.3 0.0 -5.8 0.3 -0.6 1999. -4.2 0.1 0.1 -0.9 1.2 -1.0 2000. -5.5 -1.4 -0.1 -2.1 1.7 -2.1 2001. -9.2 -4.4 -1.5 -6.0 -0.7 -5.2 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.2 1.8 1.2 -0.5 -0.3 0.6 1949-1973 0.9 2.5 0.9 -0.3 -0.6 1.1 1973-2001 -1.2 1.2 1.3 -0.6 -0.1 0.2 1973-1979 -4.6 1.2 0.4 -3.1 -2.4 -1.2 1979-1990 0.2 1.5 2.0 1.5 0.5 1.4 1990-1995 2.2 1.1 0.7 -0.2 -0.3 0.7 1995-2000 -1.8 1.9 2.3 -1.6 1.7 0.0 2000-2001 -9.2 -4.4 -1.5 -6.0 -0.7 -5.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: STONE, CLAY, GLASS AND CONCRETE PRODUCTS (SIC 32) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 102.9 58.4 64.9 109.0 136.5 80.8 1963. 108.4 61.6 66.4 110.2 135.9 83.7 1964. 111.9 63.0 63.8 113.3 134.6 85.5 1965. 115.4 65.6 64.8 112.4 125.9 86.9 1966. 114.3 66.4 61.9 113.0 111.5 86.7 1967. 106.2 66.2 64.2 112.5 103.8 85.4 1968. 110.8 68.5 61.9 113.0 105.4 87.2 1969. 109.5 68.8 61.7 114.5 110.5 87.7 1970. 101.4 67.1 59.8 112.4 111.0 85.2 1971. 103.4 69.3 60.4 109.8 109.2 85.9 1972. 111.6 72.7 64.1 107.9 110.2 88.4 1973. 113.1 73.3 68.9 108.3 111.7 89.5 1974. 104.3 73.5 64.8 103.8 106.8 86.8 1975. 87.3 75.0 63.4 106.2 100.4 86.0 1976. 87.2 76.1 63.1 105.2 109.2 86.5 1977. 87.9 76.9 66.1 100.0 105.6 85.7 1978. 89.6 79.2 68.6 92.6 102.6 84.8 1979. 85.1 78.5 70.6 89.8 96.7 83.0 1980. 73.9 77.3 73.7 88.9 98.7 81.4 1981. 69.7 78.2 73.1 88.2 100.1 81.1 1982. 63.4 78.9 77.9 81.5 97.8 79.0 1983. 71.4 81.7 81.9 88.1 98.7 83.6 1984. 79.9 83.4 85.3 91.0 106.7 86.9 1985. 81.0 85.5 86.9 94.9 113.9 89.6 1986. 84.2 88.9 85.9 99.9 110.4 92.9 1987. 86.4 91.1 86.2 101.9 103.6 94.5 1988. 88.3 90.2 86.4 103.0 102.5 94.7 1989. 87.4 89.9 88.1 106.2 102.0 95.7 1990. 87.0 92.1 87.3 106.4 102.3 96.6 1991. 80.9 90.9 84.2 104.4 100.2 94.4 1992. 86.5 95.7 86.1 109.1 100.2 98.8 1993. 90.1 95.8 87.1 103.3 99.7 97.4 1994. 95.2 96.1 93.1 104.7 101.8 99.2 1995. 96.8 97.3 90.6 105.3 100.5 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 98.4 103.9 101.7 106.3 106.2 103.9 1998. 97.9 108.4 101.7 100.2 106.5 103.2 1999. 93.7 108.5 101.8 99.3 107.8 102.2 2000. 88.5 107.0 101.7 97.2 109.6 100.1 2001. 80.4 102.3 100.1 91.3 108.9 94.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: STONE, CLAY, GLASS AND CONCRETE PRODUCTS (SIC 32) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 4.174 0.687 1.679 0.309 1.375 0.125 1953. 6.421 1.100 2.543 0.391 2.183 0.204 1954. 6.535 1.217 2.522 0.387 2.200 0.209 1955. 7.677 1.639 2.818 0.434 2.539 0.247 1956. 8.242 1.602 3.122 0.483 2.761 0.273 1957. 8.329 1.552 3.187 0.489 2.825 0.276 1958. 8.365 1.636 3.170 0.503 2.774 0.282 1959. 9.694 1.997 3.587 0.577 3.223 0.310 1960. 9.574 1.742 3.706 0.578 3.228 0.320 1961. 9.622 1.776 3.707 0.579 3.226 0.335 1962. 9.909 1.797 3.865 0.566 3.345 0.335 1963. 10.572 2.024 4.044 0.591 3.543 0.371 1964. 11.178 2.185 4.277 0.620 3.689 0.407 1965. 11.973 2.165 4.598 0.653 4.075 0.482 1966. 12.615 1.964 5.052 0.699 4.317 0.583 1967. 12.377 1.758 5.092 0.686 4.222 0.620 1968. 13.572 2.049 5.569 0.719 4.574 0.661 1969. 14.529 2.360 5.955 0.742 4.806 0.665 1970. 14.494 2.019 6.237 0.785 4.794 0.660 1971. 16.033 2.495 6.612 0.875 5.321 0.730 1972. 18.423 2.976 7.419 1.016 6.168 0.844 1973. 20.341 3.005 8.382 1.140 6.885 0.929 1974. 22.351 2.508 9.098 1.647 8.078 1.020 1975. 22.835 2.874 9.090 1.940 7.886 1.044 1976. 25.812 3.591 10.115 2.319 8.698 1.089 1977. 29.473 3.950 11.416 2.734 10.076 1.297 1978. 35.156 4.907 13.158 3.194 12.335 1.563 1979. 38.783 4.763 14.477 3.590 14.166 1.788 1980. 39.023 3.784 14.928 3.937 14.635 1.739 1981. 40.697 2.917 15.901 4.418 15.651 1.811 1982. 38.153 1.409 15.447 4.360 15.172 1.765 1983. 42.086 3.574 16.150 4.554 15.819 1.989 1984. 47.026 4.990 17.564 4.770 17.609 2.093 1985. 48.864 5.989 18.030 4.619 18.136 2.091 1986. 51.729 7.745 18.647 4.225 18.843 2.268 1987. 53.147 6.102 20.273 4.114 20.061 2.597 1988. 54.806 5.144 21.713 4.091 21.082 2.776 1989. 55.530 5.907 21.820 3.980 20.999 2.824 1990. 55.786 5.417 22.280 3.949 21.241 2.898 1991. 52.207 4.765 21.118 3.679 19.852 2.793 1992. 54.981 6.488 21.909 3.871 19.683 3.031 1993. 57.368 5.882 23.094 4.105 21.064 3.221 1994. 62.360 8.380 24.254 3.860 22.442 3.424 1995. 66.703 9.786 25.114 3.848 24.288 3.667 1996. 71.652 9.417 27.380 4.227 26.578 4.051 1997. 75.133 13.249 27.497 4.423 25.849 4.115 1998. 80.395 14.162 28.920 4.415 28.442 4.455 1999. 83.601 15.502 30.139 4.506 28.875 4.578 2000. 84.528 12.492 32.368 5.344 29.696 4.628 2001. 81.233 8.185 33.186 5.396 29.926 4.540 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: STONE, CLAY, GLASS AND CONCRETE PRODUCTS (SIC 32) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.164 0.402 0.074 0.329 0.030 1952. 0.158 0.393 0.064 0.352 0.032 1953. 0.171 0.396 0.061 0.340 0.032 1954. 0.186 0.386 0.059 0.337 0.032 1955. 0.213 0.367 0.057 0.331 0.032 1956. 0.194 0.379 0.059 0.335 0.033 1957. 0.186 0.383 0.059 0.339 0.033 1958. 0.196 0.379 0.060 0.332 0.034 1959. 0.206 0.370 0.060 0.332 0.032 1960. 0.182 0.387 0.060 0.337 0.033 1961. 0.185 0.385 0.060 0.335 0.035 1962. 0.181 0.390 0.057 0.338 0.034 1963. 0.191 0.382 0.056 0.335 0.035 1964. 0.195 0.383 0.055 0.330 0.036 1965. 0.181 0.384 0.055 0.340 0.040 1966. 0.156 0.400 0.055 0.342 0.046 1967. 0.142 0.411 0.055 0.341 0.050 1968. 0.151 0.410 0.053 0.337 0.049 1969. 0.162 0.410 0.051 0.331 0.046 1970. 0.139 0.430 0.054 0.331 0.046 1971. 0.156 0.412 0.055 0.332 0.046 1972. 0.162 0.403 0.055 0.335 0.046 1973. 0.148 0.412 0.056 0.338 0.046 1974. 0.112 0.407 0.074 0.361 0.046 1975. 0.126 0.398 0.085 0.345 0.046 1976. 0.139 0.392 0.090 0.337 0.042 1977. 0.134 0.387 0.093 0.342 0.044 1978. 0.140 0.374 0.091 0.351 0.044 1979. 0.123 0.373 0.093 0.365 0.046 1980. 0.097 0.383 0.101 0.375 0.045 1981. 0.072 0.391 0.109 0.385 0.044 1982. 0.037 0.405 0.114 0.398 0.046 1983. 0.085 0.384 0.108 0.376 0.047 1984. 0.106 0.374 0.101 0.374 0.044 1985. 0.123 0.369 0.095 0.371 0.043 1986. 0.150 0.360 0.082 0.364 0.044 1987. 0.115 0.381 0.077 0.377 0.049 1988. 0.094 0.396 0.075 0.385 0.051 1989. 0.106 0.393 0.072 0.378 0.051 1990. 0.097 0.399 0.071 0.381 0.052 1991. 0.091 0.405 0.070 0.380 0.053 1992. 0.118 0.398 0.070 0.358 0.055 1993. 0.103 0.403 0.072 0.367 0.056 1994. 0.134 0.389 0.062 0.360 0.055 1995. 0.147 0.377 0.058 0.364 0.055 1996. 0.131 0.382 0.059 0.371 0.057 1997. 0.176 0.366 0.059 0.344 0.055 1998. 0.176 0.360 0.055 0.354 0.055 1999. 0.185 0.361 0.054 0.345 0.055 2000. 0.148 0.383 0.063 0.351 0.055 2001. 0.101 0.409 0.066 0.368 0.056 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: PRIMARY METAL INDUSTRIES (SIC 33) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 5.1 0.3 2.1 3.7 1.6 9.9 2.0 3.1 1964. 10.9 2.1 7.1 11.8 11.5 7.8 8.1 2.6 1965. 9.7 3.0 6.4 7.1 10.9 13.9 7.9 1.7 1966. 7.3 6.0 3.2 3.7 8.4 15.6 6.2 1.0 1967. -7.6 6.4 -4.7 2.6 -12.5 1.2 -5.5 -2.3 1968. 3.7 3.7 0.0 4.0 6.4 2.4 3.3 0.4 1969. 4.3 3.5 3.4 7.7 9.7 12.6 6.5 -2.1 1970. -9.2 3.2 -6.4 -4.6 -7.3 -8.2 -5.6 -3.8 1971. -3.7 2.5 -7.8 -5.4 -3.6 -10.0 -4.9 1.3 1972. 10.6 1.5 2.4 3.2 16.3 2.9 7.8 2.7 1973. 15.4 1.3 9.8 9.0 15.3 12.1 10.9 4.1 1974. 0.5 2.8 1.2 6.9 5.8 12.6 4.1 -3.5 1975. -21.6 3.4 -15.1 -15.8 -19.5 -17.8 -15.0 -7.8 1976. 7.1 2.9 2.4 5.8 12.3 5.5 7.0 0.1 1977. 1.6 2.7 2.9 3.3 4.7 2.8 3.7 -2.0 1978. 7.7 1.2 3.9 6.2 7.4 13.2 5.7 2.0 1979. 2.2 1.6 2.1 2.3 4.3 29.5 4.2 -1.9 1980. -10.0 1.9 -11.5 -12.4 -12.1 -6.1 -10.2 0.2 1981. 2.9 2.4 -1.1 -0.6 0.7 -2.6 0.0 2.9 1982. -26.5 0.7 -21.7 -28.4 -26.9 -22.3 -23.0 -4.6 1983. 2.3 -1.6 -3.9 0.6 13.0 27.6 5.6 -3.2 1984. 9.0 -0.2 6.1 12.6 4.9 1.5 5.5 3.3 1985. -6.3 -2.5 -6.0 -7.2 -5.7 -12.8 -6.3 -0.1 1986. -0.6 -2.4 -7.2 -7.7 -7.5 -3.2 -6.8 6.7 1987. 6.7 -2.1 1.9 3.5 13.3 18.6 7.9 -1.1 1988. 8.4 -1.3 5.2 12.8 12.2 19.7 9.6 -1.0 1989. -2.8 -1.1 0.0 -7.4 -1.6 0.6 -1.3 -1.5 1990. -2.9 -0.5 -2.9 1.9 -6.7 -8.1 -4.6 1.8 1991. -5.4 -0.5 -6.2 1.6 -6.3 -12.4 -5.8 0.4 1992. 3.6 -1.2 -2.5 -6.8 3.1 3.1 0.2 3.3 1993. 5.0 -1.1 0.8 -0.7 2.6 1.3 1.4 3.6 1994. 5.8 -0.5 4.8 11.4 8.9 10.0 7.0 -1.2 1995. 1.5 0.1 -0.2 -9.4 8.6 8.6 3.8 -2.2 1996. 2.4 0.8 0.0 0.1 5.4 -1.6 2.3 0.1 1997. 2.6 1.0 1.7 -5.4 3.8 3.6 2.3 0.3 1998. 3.5 1.3 -1.8 3.2 3.9 -2.6 1.1 2.4 1999. -0.5 1.4 0.1 0.1 -1.4 -6.7 -1.2 0.7 2000. -1.5 0.2 0.3 -1.8 5.8 -2.9 2.1 -3.4 2001. -9.4 -1.3 -8.3 -9.3 -12.7 -16.8 -10.6 1.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 0.9 1.6 -0.8 0.3 1.8 2.4 0.8 0.1 1949-1973 3.0 3.3 0.9 3.0 3.6 4.3 2.5 0.4 1973-2001 -0.9 0.3 -2.2 -1.9 0.2 0.7 -0.7 -0.2 1973-1979 -1.0 2.4 -0.7 1.1 1.9 6.7 1.3 -2.3 1979-1990 -2.3 -0.6 -4.0 -3.6 -2.2 0.2 -2.6 0.3 1990-1995 2.0 -0.6 -0.7 -1.0 3.2 1.8 1.2 0.8 1995-2000 1.3 0.9 0.0 -0.8 3.5 -2.1 1.3 0.0 2000-2001 -9.4 -1.3 -8.3 -9.3 -12.7 -16.8 -10.6 1.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRIMARY METAL INDUSTRIES (SIC 33) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 60.5 43.8 138.0 72.9 39.4 22.6 62.1 97.4 1953. 91.9 51.7 177.7 89.5 62.0 38.8 86.3 106.5 1954. 69.2 52.5 149.6 74.8 44.3 30.1 69.6 99.4 1955. 87.9 53.9 171.0 69.8 59.4 40.9 83.4 105.3 1956. 88.5 56.5 174.1 83.8 61.0 43.4 86.3 102.6 1957. 82.7 60.3 169.0 91.8 53.4 39.5 81.7 101.3 1958. 67.1 63.4 140.3 75.0 47.1 31.8 72.1 93.1 1959. 75.7 64.2 150.3 85.6 53.6 35.0 78.7 96.1 1960. 76.2 66.0 152.6 90.9 55.0 35.4 80.5 94.7 1961. 74.9 67.8 143.3 89.3 54.6 35.5 78.7 95.2 1962. 79.5 68.2 148.3 98.4 55.4 35.8 80.6 98.7 1963. 83.6 68.4 151.4 102.0 56.3 39.3 82.2 101.7 1964. 92.7 69.8 162.1 114.1 62.8 42.4 88.9 104.3 1965. 101.6 71.8 172.5 122.2 69.6 48.3 95.9 106.0 1966. 109.1 76.2 178.0 126.7 75.5 55.8 101.8 107.1 1967. 100.8 81.0 169.7 129.9 66.0 56.5 96.3 104.7 1968. 104.5 84.0 169.7 135.1 70.3 57.8 99.4 105.1 1969. 109.0 87.0 175.3 145.6 77.1 65.1 105.9 102.9 1970. 98.9 89.8 164.1 138.9 71.5 59.8 99.9 99.0 1971. 95.2 92.0 151.2 131.4 68.9 53.8 95.0 100.2 1972. 105.4 93.4 154.9 135.6 80.2 55.3 102.4 102.9 1973. 121.6 94.6 170.0 147.8 92.4 62.0 113.6 107.1 1974. 122.1 97.2 172.1 158.0 97.8 69.9 118.2 103.3 1975. 95.7 100.6 146.1 133.1 78.7 57.4 100.5 95.2 1976. 102.6 103.5 149.6 140.8 88.4 60.6 107.6 95.4 1977. 104.2 106.3 154.0 145.4 92.6 62.3 111.5 93.4 1978. 112.2 107.5 160.0 154.5 99.4 70.5 117.9 95.2 1979. 114.7 109.3 163.3 158.1 103.6 91.3 122.8 93.4 1980. 103.2 111.4 144.5 138.5 91.1 85.7 110.2 93.6 1981. 106.1 114.1 142.9 137.6 91.8 83.4 110.2 96.3 1982. 78.0 114.9 111.9 98.5 67.1 64.8 84.8 91.9 1983. 79.8 113.1 107.6 99.0 75.8 82.7 89.6 89.0 1984. 87.0 112.9 114.1 111.5 79.5 83.9 94.6 92.0 1985. 81.5 110.1 107.3 103.5 75.0 73.2 88.6 92.0 1986. 81.0 107.5 99.6 95.5 69.4 70.9 82.6 98.1 1987. 86.5 105.3 101.5 98.9 78.6 84.0 89.1 97.0 1988. 93.7 103.9 106.8 111.5 88.2 100.6 97.6 96.0 1989. 91.1 102.8 106.8 103.2 86.8 101.2 96.3 94.6 1990. 88.5 102.3 103.7 105.2 80.9 92.9 91.9 96.2 1991. 83.7 101.8 97.3 107.0 75.8 81.4 86.6 96.6 1992. 86.6 100.6 94.8 99.7 78.2 83.9 86.8 99.8 1993. 91.0 99.5 95.5 99.0 80.2 85.0 88.0 103.4 1994. 96.2 99.0 100.2 110.2 87.4 93.6 94.1 102.2 1995. 97.7 99.2 100.0 99.9 94.9 101.6 97.7 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 102.6 101.0 101.7 94.6 103.8 103.6 102.3 100.3 1998. 106.3 102.3 99.8 97.6 107.9 100.9 103.5 102.7 1999. 105.7 103.7 99.9 97.7 106.4 94.1 102.3 103.4 2000. 104.2 103.9 100.2 95.9 112.5 91.4 104.4 99.8 2001. 94.4 102.5 91.9 87.0 98.3 76.0 93.3 101.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRIMARY METAL INDUSTRIES (SIC 33) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 0.1 15.5 1.9 0.1 0.1 2.7 3.2 3.1 1964. 1.7 12.9 2.1 -3.8 3.9 2.8 4.3 2.6 1965. 2.6 12.9 3.0 1.0 2.4 3.6 4.3 1.7 1966. 2.5 7.8 4.7 0.9 1.1 3.5 3.6 1.0 1967. 0.8 -19.5 2.6 -2.3 3.5 2.9 -1.4 -2.3 1968. 3.5 -9.1 9.8 2.0 4.3 3.4 3.9 0.4 1969. 6.1 -3.9 6.5 1.9 4.6 3.3 3.9 -2.1 1970. 8.2 -12.5 6.0 8.8 7.4 4.9 4.1 -3.8 1971. 1.3 -5.0 8.0 11.2 -1.2 4.8 2.6 1.3 1972. 3.3 19.3 9.6 6.9 -0.9 5.8 6.0 2.7 1973. 6.4 24.2 8.7 12.3 9.2 4.7 10.7 4.1 1974. 29.6 47.1 14.9 37.1 27.3 7.8 25.0 -3.5 1975. 10.4 -36.0 11.2 22.8 6.2 7.3 1.8 -7.8 1976. 6.3 -3.8 10.9 12.2 4.6 7.6 6.5 0.1 1977. 8.2 -8.0 10.0 19.7 3.8 8.2 6.0 -2.0 1978. 7.9 53.5 7.6 11.3 3.5 8.5 10.0 2.0 1979. 15.1 9.7 10.0 12.8 16.7 8.0 12.9 -1.9 1980. 9.7 -9.9 11.8 20.2 12.1 10.1 9.9 0.2 1981. 5.7 14.3 7.6 13.5 7.4 9.5 8.8 2.9 1982. -0.5 -59.2 5.7 19.1 -3.7 6.9 -5.0 -4.6 1983. 3.4 -42.2 2.7 13.7 0.1 5.3 0.1 -3.2 1984. 1.7 159.3 -1.7 -1.7 0.9 4.8 5.1 3.3 1985. -1.3 -41.3 2.6 -0.8 1.8 4.3 -1.4 -0.1 1986. -2.6 51.5 2.4 -11.8 3.9 0.4 3.9 6.7 1987. 6.0 5.4 6.7 0.6 4.2 4.8 4.9 -1.1 1988. 13.4 80.6 3.5 -4.0 13.2 4.8 12.3 -1.0 1989. 4.8 10.2 1.3 0.6 3.5 2.7 3.2 -1.5 1990. -2.6 -14.9 2.8 -3.7 -0.7 5.3 -0.9 1.8 1991. -3.7 -11.2 1.3 -4.5 -6.0 4.0 -3.4 0.4 1992. -1.6 -10.3 9.2 6.6 -2.6 6.0 1.7 3.3 1993. -2.3 0.5 6.3 2.2 -3.1 3.8 1.2 3.6 1994. 6.9 46.8 0.6 -0.9 4.1 3.6 5.6 -1.2 1995. 10.0 38.5 -0.7 -2.3 9.0 3.2 7.5 -2.2 1996. -4.3 -17.5 2.8 7.4 -8.2 4.0 -4.3 0.1 1997. 0.7 14.3 1.3 9.0 -4.0 4.4 1.0 0.3 1998. -3.8 2.3 5.0 -3.5 -7.6 3.0 -1.5 2.4 1999. -4.2 -23.6 1.2 0.1 -3.3 2.6 -3.6 0.7 2000. 4.2 -8.9 0.9 11.6 0.3 3.5 0.6 -3.4 2001. -2.6 -15.6 -0.1 3.0 -0.7 2.2 -1.3 1.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.6 1.6 5.3 4.4 2.6 4.6 3.7 0.1 1949-1973 3.3 2.5 5.8 2.3 2.6 3.8 3.8 0.4 1973-2001 3.8 0.9 4.8 6.3 2.7 5.2 3.6 -0.2 1973-1979 12.6 5.8 10.7 19.0 10.0 7.9 10.1 -2.3 1979-1990 3.3 0.0 4.1 3.7 3.8 5.3 3.6 0.3 1990-1995 1.7 10.2 3.3 0.1 0.2 4.1 2.5 0.8 1995-2000 -1.5 -7.7 2.2 4.8 -4.6 3.5 -1.6 0.0 2000-2001 -2.6 -15.6 -0.1 3.0 -0.7 2.2 -1.3 1.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRIMARY METAL INDUSTRIES (SIC 33) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 14.9 29.6 7.5 12.7 22.0 11.4 14.5 97.4 1953. 18.3 50.3 10.2 15.7 27.2 14.0 19.5 106.5 1954. 19.0 39.5 10.7 14.0 26.9 14.4 18.9 99.4 1955. 20.5 57.4 11.5 14.1 29.5 14.8 21.6 105.3 1956. 22.3 56.8 12.3 14.6 32.2 15.4 22.9 102.6 1957. 22.6 52.7 12.9 14.9 31.9 15.9 22.9 101.3 1958. 22.6 37.8 13.7 15.3 28.0 16.7 21.0 93.1 1959. 23.1 41.7 14.6 15.4 29.0 17.0 22.2 96.1 1960. 23.6 39.7 14.9 15.5 29.1 17.7 22.3 94.7 1961. 23.2 35.3 15.4 15.7 28.7 18.1 22.1 95.2 1962. 23.0 38.7 15.8 15.1 29.0 18.6 22.7 98.7 1963. 23.0 44.8 16.1 15.1 29.1 19.1 23.4 101.7 1964. 23.4 50.5 16.5 14.6 30.2 19.6 24.4 104.3 1965. 24.0 57.0 16.9 14.7 30.9 20.3 25.5 106.0 1966. 24.6 61.5 17.7 14.9 31.3 21.0 26.4 107.1 1967. 24.8 49.5 18.2 14.5 32.4 21.7 26.0 104.7 1968. 25.7 45.0 20.0 14.8 33.7 22.4 27.0 105.1 1969. 27.3 43.2 21.2 15.1 35.3 23.1 28.1 102.9 1970. 29.5 37.8 22.5 16.4 37.9 24.3 29.2 99.0 1971. 29.9 35.9 24.3 18.3 37.4 25.4 30.0 100.2 1972. 30.9 42.9 26.7 19.5 37.1 26.9 31.8 102.9 1973. 32.9 53.2 29.0 21.9 40.5 28.2 35.2 107.1 1974. 42.6 78.3 33.3 30.1 51.6 30.3 44.0 103.3 1975. 47.0 50.1 37.0 36.9 54.8 32.6 44.8 95.2 1976. 50.0 48.2 41.1 41.4 57.3 35.1 47.7 95.4 1977. 54.1 44.3 45.2 49.6 59.5 37.9 50.5 93.4 1978. 58.4 68.1 48.6 55.2 61.6 41.2 55.6 95.2 1979. 67.1 74.7 53.4 62.2 71.9 44.5 62.7 93.4 1980. 73.6 67.3 59.8 74.8 80.6 49.0 68.9 93.6 1981. 77.8 76.9 64.3 84.9 86.5 53.6 75.0 96.3 1982. 77.5 31.4 68.0 101.1 83.3 57.3 71.2 91.9 1983. 80.1 18.1 69.8 114.9 83.4 60.3 71.3 89.0 1984. 81.4 47.0 68.6 112.9 84.2 63.2 74.9 92.0 1985. 80.4 27.6 70.4 112.1 85.8 66.0 73.9 92.0 1986. 78.3 41.8 72.1 98.9 89.1 66.2 76.8 98.1 1987. 83.0 44.0 76.9 99.5 92.9 69.4 80.5 97.0 1988. 94.1 79.5 79.6 95.5 105.1 72.7 90.4 96.0 1989. 98.6 87.6 80.6 96.0 108.8 74.6 93.3 94.6 1990. 96.1 74.6 82.9 92.5 108.0 78.6 92.5 96.2 1991. 92.5 66.2 83.9 88.3 101.6 81.7 89.3 96.6 1992. 91.0 59.4 91.6 94.2 99.0 86.6 90.9 99.8 1993. 88.9 59.6 97.4 96.3 95.9 89.9 92.0 103.4 1994. 95.0 87.5 97.9 95.4 99.9 93.2 97.1 102.2 1995. 104.5 121.2 97.2 93.1 108.9 96.1 104.5 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 100.7 114.3 101.3 109.0 96.0 104.4 101.0 100.3 1998. 96.9 117.0 106.4 105.1 88.7 107.5 99.5 102.7 1999. 92.8 89.3 107.7 105.3 85.8 110.3 96.0 103.4 2000. 96.7 81.4 108.6 117.5 86.0 114.2 96.5 99.8 2001. 94.2 68.7 108.6 121.1 85.5 116.7 95.3 101.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRIMARY METAL INDUSTRIES (SIC 33) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 4.8 2.9 1.4 3.4 -4.3 3.1 1964. 8.7 3.6 -0.8 -0.6 2.9 2.6 1965. 6.5 3.1 2.4 -1.1 -3.7 1.7 1966. 1.2 4.0 3.5 -1.0 -7.1 1.0 1967. -13.2 -3.1 -9.9 5.6 -8.7 -2.3 1968. 0.0 3.7 -0.3 -2.6 1.2 0.4 1969. 0.8 0.9 -3.2 -5.0 -7.4 -2.1 1970. -12.1 -3.0 -4.9 -2.1 -1.1 -3.8 1971. -6.1 4.5 1.8 -0.2 7.0 1.3 1972. 9.0 8.0 7.2 -4.9 7.5 2.7 1973. 14.0 5.1 5.9 0.1 3.0 4.1 1974. -2.3 -0.7 -6.0 -5.1 -10.8 -3.5 1975. -24.2 -7.7 -7.0 -2.6 -4.7 -7.8 1976. 4.1 4.6 1.3 -4.6 1.6 0.1 1977. -1.1 -1.3 -1.6 -3.0 -1.2 -2.0 1978. 6.5 3.7 1.4 0.3 -4.8 2.0 1979. 0.5 0.1 -0.2 -2.0 -21.1 -1.9 1980. -11.7 1.7 2.8 2.3 -4.1 0.2 1981. 0.5 4.0 3.5 2.2 5.6 2.9 1982. -27.0 -6.2 2.7 0.6 -5.4 -4.6 1983. 3.9 6.4 1.7 -9.5 -19.8 -3.2 1984. 9.2 2.8 -3.1 4.0 7.4 3.3 1985. -3.9 -0.4 0.9 -0.7 7.4 -0.1 1986. 1.8 7.1 7.7 7.5 2.7 6.7 1987. 9.0 4.7 3.1 -5.8 -10.0 -1.1 1988. 9.9 3.1 -3.9 -3.4 -9.4 -1.0 1989. -1.7 -2.8 5.0 -1.2 -3.4 -1.5 1990. -2.4 0.0 -4.7 4.1 5.7 1.8 1991. -5.0 0.8 -7.0 0.9 8.0 0.4 1992. 4.8 6.2 11.1 0.4 0.4 3.3 1993. 6.1 4.2 5.7 2.3 3.6 3.6 1994. 6.3 0.9 -5.0 -2.9 -3.9 -1.2 1995. 1.4 1.7 12.0 -6.5 -6.5 -2.2 1996. 1.5 2.3 2.3 -2.8 4.0 0.1 1997. 1.6 0.9 8.5 -1.2 -0.9 0.3 1998. 2.2 5.5 0.4 -0.4 6.4 2.4 1999. -1.9 -0.6 -0.6 0.9 6.6 0.7 2000. -1.6 -1.7 0.4 -6.8 1.5 -3.4 2001. -8.1 -1.1 -0.1 3.8 8.9 1.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.8 1.7 0.5 -0.9 -1.5 0.1 1949-1973 -0.3 2.1 0.0 -0.6 -1.3 0.4 1973-2001 -1.2 1.3 1.0 -1.1 -1.6 -0.2 1973-1979 -3.3 -0.3 -2.1 -2.9 -7.2 -2.3 1979-1990 -1.7 1.8 1.4 -0.1 -2.5 0.3 1990-1995 2.6 2.8 3.1 -1.2 0.2 0.8 1995-2000 0.4 1.3 2.1 -2.1 3.5 0.0 2000-2001 -8.1 -1.1 -0.1 3.8 8.9 1.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRIMARY METAL INDUSTRIES (SIC 33) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 116.6 53.6 80.7 143.6 222.0 98.7 1963. 122.2 55.2 81.9 148.5 212.4 101.7 1964. 132.8 57.2 81.2 147.6 218.5 104.3 1965. 141.5 58.9 83.2 146.0 210.4 106.0 1966. 143.2 61.3 86.1 144.6 195.4 107.1 1967. 124.4 59.4 77.6 152.7 178.4 104.7 1968. 124.3 61.6 77.3 148.7 180.7 105.1 1969. 125.3 62.1 74.8 141.3 167.4 102.9 1970. 110.2 60.3 71.2 138.4 165.5 99.0 1971. 103.5 63.0 72.5 138.2 177.1 100.2 1972. 112.8 68.0 77.7 131.4 190.4 102.9 1973. 128.6 71.5 82.3 131.6 196.0 107.1 1974. 125.6 71.0 77.3 124.9 174.9 103.3 1975. 95.2 65.5 71.9 121.7 166.7 95.2 1976. 99.1 68.6 72.8 116.0 169.3 95.4 1977. 98.0 67.7 71.6 112.5 167.2 93.4 1978. 104.4 70.1 72.6 112.9 159.2 95.2 1979. 104.9 70.2 72.5 110.6 125.6 93.4 1980. 92.6 71.4 74.5 113.2 120.4 93.6 1981. 93.1 74.3 77.1 115.7 127.2 96.3 1982. 67.9 69.7 79.2 116.3 120.4 91.9 1983. 70.5 74.2 80.6 105.3 96.5 89.0 1984. 77.0 76.3 78.0 109.5 103.7 92.0 1985. 74.0 76.0 78.7 108.7 111.4 92.0 1986. 75.3 81.4 84.8 116.8 114.3 98.1 1987. 82.1 85.2 87.5 110.1 102.9 97.0 1988. 90.2 87.8 84.1 106.3 93.2 96.0 1989. 88.6 85.3 88.3 105.0 90.1 94.6 1990. 86.5 85.3 84.1 109.3 95.2 96.2 1991. 82.2 86.0 78.2 110.3 102.8 96.6 1992. 86.1 91.4 86.9 110.8 103.2 99.8 1993. 91.4 95.2 91.9 113.4 107.0 103.4 1994. 97.2 96.1 87.3 110.1 102.9 102.2 1995. 98.5 97.7 97.8 102.9 96.2 99.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 101.6 100.9 108.5 98.8 99.1 100.3 1998. 103.9 106.5 108.9 98.4 105.4 102.7 1999. 102.0 105.8 108.2 99.4 112.3 103.4 2000. 100.3 104.0 108.7 92.6 114.0 99.8 2001. 92.1 102.8 108.6 96.1 124.2 101.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRIMARY METAL INDUSTRIES (SIC 33) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 11.440 1.687 3.860 0.677 4.889 0.328 1953. 21.349 3.384 6.766 1.023 9.485 0.692 1954. 16.696 2.701 5.988 0.762 6.695 0.550 1955. 22.776 4.035 7.379 0.715 9.876 0.771 1956. 24.971 4.188 7.986 0.888 11.057 0.851 1957. 23.645 4.139 8.134 0.998 9.577 0.798 1958. 19.213 3.123 7.181 0.836 7.397 0.676 1959. 22.148 3.486 8.182 0.962 8.759 0.759 1960. 22.748 3.412 8.520 1.025 8.992 0.799 1961. 22.034 3.117 8.259 1.018 8.822 0.818 1962. 23.181 3.441 8.766 1.085 9.043 0.846 1963. 24.391 3.988 9.125 1.126 9.197 0.955 1964. 27.495 4.592 9.977 1.211 10.656 1.058 1965. 30.930 5.337 10.927 1.310 12.107 1.249 1966. 34.037 6.100 11.805 1.371 13.267 1.494 1967. 31.712 5.225 11.543 1.374 12.014 1.556 1968. 34.024 4.925 12.664 1.458 13.332 1.647 1969. 37.654 4.901 13.937 1.600 15.299 1.915 1970. 36.988 4.425 13.829 1.662 15.228 1.844 1971. 36.071 4.308 13.765 1.748 14.511 1.739 1972. 41.211 5.215 15.451 1.928 16.724 1.893 1973. 50.616 6.558 18.432 2.361 21.043 2.221 1974. 65.877 9.922 21.440 3.460 28.359 2.696 1975. 57.011 6.567 20.237 3.581 24.247 2.380 1976. 64.939 6.501 22.985 4.250 28.501 2.702 1977. 71.386 6.141 26.011 5.252 30.977 3.005 1978. 82.960 9.536 29.088 6.210 34.435 3.691 1979. 97.527 10.639 32.652 7.166 41.909 5.162 1980. 96.248 9.766 32.303 7.546 41.298 5.336 1981. 104.652 11.427 34.379 8.509 44.648 5.689 1982. 76.555 4.695 28.468 7.250 31.419 4.722 1983. 80.948 2.671 28.087 8.289 35.560 6.341 1984. 89.772 6.916 29.292 9.172 37.644 6.748 1985. 82.961 3.957 28.244 8.449 36.172 6.140 1986. 80.315 5.853 26.847 6.880 34.766 5.969 1987. 90.881 6.042 29.215 7.163 41.044 7.416 1988. 111.769 10.767 31.804 7.756 52.143 9.299 1989. 113.845 11.734 32.204 7.220 53.082 9.604 1990. 107.658 9.937 32.154 7.092 49.187 9.288 1991. 97.998 8.780 30.538 6.882 43.340 8.457 1992. 99.907 7.780 32.499 6.838 43.542 9.248 1993. 102.476 7.731 34.798 6.941 43.278 9.727 1994. 115.835 11.297 36.702 7.658 49.090 11.089 1995. 129.345 15.661 36.359 6.778 58.126 12.421 1996. 126.678 13.030 37.404 7.285 56.241 12.718 1997. 130.914 15.041 38.533 7.509 56.080 13.752 1998. 130.430 15.586 39.724 7.475 53.858 13.786 1999. 124.329 12.067 40.232 7.490 51.334 13.206 2000. 127.658 11.015 40.706 8.208 54.460 13.268 2001. 112.662 9.171 37.306 7.672 47.229 11.285 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: PRIMARY METAL INDUSTRIES (SIC 33) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.147 0.337 0.059 0.427 0.029 1952. 0.140 0.342 0.048 0.439 0.032 1953. 0.159 0.317 0.048 0.444 0.032 1954. 0.162 0.359 0.046 0.401 0.033 1955. 0.177 0.324 0.031 0.434 0.034 1956. 0.168 0.320 0.036 0.443 0.034 1957. 0.175 0.344 0.042 0.405 0.034 1958. 0.163 0.374 0.044 0.385 0.035 1959. 0.157 0.369 0.043 0.395 0.034 1960. 0.150 0.375 0.045 0.395 0.035 1961. 0.141 0.375 0.046 0.400 0.037 1962. 0.148 0.378 0.047 0.390 0.037 1963. 0.163 0.374 0.046 0.377 0.039 1964. 0.167 0.363 0.044 0.388 0.038 1965. 0.173 0.353 0.042 0.391 0.040 1966. 0.179 0.347 0.040 0.390 0.044 1967. 0.165 0.364 0.043 0.379 0.049 1968. 0.145 0.372 0.043 0.392 0.048 1969. 0.130 0.370 0.043 0.406 0.051 1970. 0.120 0.374 0.045 0.412 0.050 1971. 0.119 0.382 0.048 0.402 0.048 1972. 0.127 0.375 0.047 0.406 0.046 1973. 0.130 0.364 0.047 0.416 0.044 1974. 0.151 0.325 0.053 0.430 0.041 1975. 0.115 0.355 0.063 0.425 0.042 1976. 0.100 0.354 0.065 0.439 0.042 1977. 0.086 0.364 0.074 0.434 0.042 1978. 0.115 0.351 0.075 0.415 0.044 1979. 0.109 0.335 0.073 0.430 0.053 1980. 0.101 0.336 0.078 0.429 0.055 1981. 0.109 0.329 0.081 0.427 0.054 1982. 0.061 0.372 0.095 0.410 0.062 1983. 0.033 0.347 0.102 0.439 0.078 1984. 0.077 0.326 0.102 0.419 0.075 1985. 0.048 0.340 0.102 0.436 0.074 1986. 0.073 0.334 0.086 0.433 0.074 1987. 0.066 0.321 0.079 0.452 0.082 1988. 0.096 0.285 0.069 0.467 0.083 1989. 0.103 0.283 0.063 0.466 0.084 1990. 0.092 0.299 0.066 0.457 0.086 1991. 0.090 0.312 0.070 0.442 0.086 1992. 0.078 0.325 0.068 0.436 0.093 1993. 0.075 0.340 0.068 0.422 0.095 1994. 0.098 0.317 0.066 0.424 0.096 1995. 0.121 0.281 0.052 0.449 0.096 1996. 0.103 0.295 0.058 0.444 0.100 1997. 0.115 0.294 0.057 0.428 0.105 1998. 0.119 0.305 0.057 0.413 0.106 1999. 0.097 0.324 0.060 0.413 0.106 2000. 0.086 0.319 0.064 0.427 0.104 2001. 0.081 0.331 0.068 0.419 0.100 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: FABRICATED METAL PRODUCTS (SIC 34) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 11.2 1.9 3.2 4.2 16.5 21.0 10.0 1.1 1964. 5.6 4.2 2.9 18.1 6.0 0.8 4.5 1.0 1965. 10.7 9.2 7.3 7.6 11.2 7.2 9.3 1.3 1966. 9.5 7.2 8.8 13.8 10.4 12.3 9.6 -0.1 1967. 6.4 8.2 2.6 16.6 5.1 20.2 5.4 0.9 1968. 7.1 6.3 3.7 11.1 7.9 6.8 6.2 0.9 1969. 1.5 5.2 2.7 6.6 -0.5 4.2 1.6 -0.1 1970. -9.7 3.1 -8.8 4.9 -10.6 -3.8 -8.2 -1.6 1971. -2.2 3.1 -5.2 -7.0 -2.0 -0.5 -2.8 0.6 1972. 8.3 1.8 6.1 16.5 8.6 1.7 6.7 1.6 1973. 10.0 6.6 7.2 1.8 10.1 9.7 8.5 1.4 1974. -5.1 6.8 -2.9 -4.7 0.7 4.7 0.1 -5.2 1975. -11.9 5.4 -12.3 -5.2 -10.4 -6.1 -9.4 -2.8 1976. 9.1 3.1 4.8 4.1 7.7 -1.0 5.7 3.2 1977. 8.0 4.3 4.8 0.3 9.8 9.4 7.3 0.6 1978. 3.5 4.1 5.5 1.8 5.2 4.6 5.1 -1.5 1979. 1.9 3.8 2.1 -1.3 0.9 9.9 2.1 -0.2 1980. -6.8 2.8 -7.1 -5.5 -7.9 -8.1 -6.6 -0.2 1981. -2.5 3.1 -2.0 -2.2 -3.3 -10.4 -2.6 0.1 1982. -8.0 1.2 -12.6 -4.5 -7.5 -5.4 -8.3 0.3 1983. 3.9 -0.9 0.1 -4.0 1.7 15.5 1.6 2.3 1984. 9.3 2.2 8.7 14.8 8.1 1.8 7.4 1.8 1985. 1.5 2.6 0.5 -6.0 2.0 -5.8 0.9 0.7 1986. 0.0 2.7 -3.4 1.1 -0.1 0.6 -0.8 0.8 1987. 2.1 2.0 -2.1 11.0 -2.4 6.1 -0.9 3.1 1988. 3.1 0.1 4.4 4.2 1.0 5.6 2.3 0.7 1989. -2.8 0.0 0.7 -0.4 -0.7 0.8 0.0 -2.7 1990. -2.2 1.1 -2.9 -0.7 0.5 -2.9 -0.8 -1.4 1991. -5.2 0.5 -4.9 -1.2 -2.5 -5.6 -3.2 -2.1 1992. 5.8 0.6 -0.2 -3.1 7.4 7.7 3.8 1.9 1993. 3.9 0.9 2.0 5.0 4.0 1.6 2.8 1.1 1994. 7.5 1.8 5.2 3.6 3.5 4.2 3.9 3.5 1995. 3.5 3.4 1.9 6.8 2.8 4.7 2.8 0.7 1996. 3.3 3.5 1.4 -2.6 6.0 0.8 3.6 -0.3 1997. 6.4 2.8 3.1 2.5 6.9 6.9 5.0 1.3 1998. 4.1 3.8 0.9 3.8 8.6 2.4 4.8 -0.7 1999. 0.7 3.2 0.9 0.8 2.2 -3.1 1.5 -0.9 2000. 2.3 2.2 1.0 2.3 0.7 -0.4 1.0 1.3 2001. -7.1 0.6 -5.8 -6.2 -3.7 -9.1 -4.2 -3.1 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.5 3.4 0.9 2.8 2.9 3.1 2.2 0.3 1949-1973 4.5 4.6 2.5 5.7 4.7 5.8 3.9 0.5 1973-2001 0.9 2.4 -0.4 0.4 1.4 0.9 0.8 0.1 1973-1979 0.6 4.6 0.1 -0.9 2.1 3.4 1.6 -1.0 1979-1990 -0.3 1.5 -1.6 0.5 -0.9 -0.4 -0.8 0.5 1990-1995 3.0 1.4 0.7 2.1 3.0 2.4 2.0 1.0 1995-2000 3.3 3.1 1.5 1.3 4.8 1.3 3.2 0.2 2000-2001 -7.1 0.6 -5.8 -6.2 -3.7 -9.1 -4.2 -3.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FABRICATED METAL PRODUCTS (SIC 34) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 29.2 19.7 62.8 24.4 26.3 19.5 34.7 84.3 1953. 43.9 25.1 89.5 33.4 39.2 28.9 50.0 87.9 1954. 39.3 25.4 79.9 29.8 33.8 25.8 44.4 88.4 1955. 43.3 27.1 84.8 32.9 38.6 29.1 48.9 88.5 1956. 44.5 28.8 85.3 34.1 39.7 31.1 50.1 88.8 1957. 44.8 29.9 86.4 34.6 39.3 32.0 50.4 88.8 1958. 41.3 30.7 78.3 36.5 36.1 29.4 46.5 88.9 1959. 47.7 31.5 83.1 37.6 42.3 33.9 51.8 92.0 1960. 47.3 32.2 83.2 37.0 42.9 35.4 52.4 90.3 1961. 44.6 32.7 79.8 36.5 40.1 32.1 49.8 89.5 1962. 48.1 33.6 84.5 38.3 44.0 36.0 53.6 89.8 1963. 53.5 34.3 87.2 39.9 51.3 43.6 59.0 90.7 1964. 56.5 35.7 89.7 47.1 54.3 43.9 61.6 91.7 1965. 62.5 39.0 96.2 50.7 60.4 47.1 67.3 92.8 1966. 68.4 41.8 104.6 57.6 66.7 52.9 73.8 92.7 1967. 72.8 45.2 107.3 67.2 70.1 63.5 77.8 93.5 1968. 77.9 48.1 111.3 74.7 75.6 67.9 82.6 94.3 1969. 79.1 50.6 114.3 79.6 75.3 70.7 83.9 94.3 1970. 71.4 52.2 104.2 83.5 67.3 68.0 77.0 92.7 1971. 69.8 53.8 98.8 77.7 66.0 67.7 74.9 93.3 1972. 75.7 54.7 104.8 90.4 71.6 68.9 79.9 94.7 1973. 83.2 58.3 112.3 92.1 78.8 75.5 86.7 96.0 1974. 79.0 62.3 109.1 87.8 79.4 79.1 86.7 91.1 1975. 69.6 65.7 95.6 83.3 71.2 74.2 78.6 88.5 1976. 75.9 67.8 100.2 86.7 76.7 73.5 83.0 91.4 1977. 81.9 70.6 105.1 86.9 84.3 80.4 89.1 91.9 1978. 84.8 73.6 110.8 88.5 88.7 84.1 93.7 90.5 1979. 86.4 76.3 113.2 87.4 89.5 92.5 95.6 90.4 1980. 80.6 78.4 105.1 82.5 82.4 85.0 89.3 90.2 1981. 78.6 80.8 103.0 80.7 79.7 76.2 87.0 90.3 1982. 72.3 81.8 90.0 77.1 73.8 72.1 79.8 90.6 1983. 75.1 81.1 90.1 74.0 75.0 83.2 81.0 92.7 1984. 82.1 82.9 98.0 85.0 81.1 84.7 87.0 94.3 1985. 83.3 85.0 98.4 79.8 82.7 79.8 87.8 94.9 1986. 83.3 87.3 95.1 80.7 82.6 80.3 87.0 95.7 1987. 85.1 89.1 93.1 89.6 80.7 85.2 86.2 98.7 1988. 87.7 89.1 97.2 93.3 81.5 89.9 88.3 99.4 1989. 85.3 89.2 97.9 93.0 80.9 90.7 88.2 96.6 1990. 83.4 90.1 95.0 92.3 81.4 88.0 87.5 95.3 1991. 79.1 90.6 90.3 91.2 79.4 83.1 84.7 93.4 1992. 83.7 91.1 90.2 88.4 85.2 89.5 87.9 95.1 1993. 86.9 91.9 92.0 92.8 88.7 91.0 90.4 96.2 1994. 93.5 93.5 96.8 96.1 91.7 94.8 93.9 99.6 1995. 96.8 96.6 98.6 102.7 94.3 99.2 96.5 100.3 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 106.4 102.8 103.1 102.5 106.9 106.9 105.0 101.3 1998. 110.8 106.7 103.9 106.4 116.1 109.5 110.0 100.7 1999. 111.5 110.1 104.9 107.3 118.7 106.0 111.7 99.8 2000. 114.0 112.5 106.0 109.7 119.5 105.6 112.8 101.1 2001. 105.9 113.1 99.9 102.8 115.1 96.0 108.1 98.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FABRICATED METAL PRODUCTS (SIC 34) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 0.1 9.7 4.1 -0.6 -2.9 3.3 1.1 1.1 1964. 1.5 0.7 5.3 -6.7 1.0 2.1 2.6 1.0 1965. 1.5 19.4 1.5 -1.1 0.7 2.8 2.8 1.3 1966. 2.9 7.3 3.1 -1.8 1.6 2.7 2.7 -0.1 1967. 2.1 6.2 4.7 -1.8 1.1 2.9 3.0 0.9 1968. 3.0 -4.1 7.6 -0.9 3.3 3.2 3.9 0.9 1969. 3.9 -9.6 6.0 -3.0 5.4 3.0 3.8 -0.1 1970. 5.8 -23.1 8.8 2.7 6.2 4.6 4.1 -1.6 1971. 5.1 7.3 6.3 9.9 4.9 4.7 5.7 0.6 1972. 4.1 23.7 3.3 7.4 4.6 5.1 5.7 1.6 1973. 4.4 9.6 7.3 10.4 4.0 4.4 5.8 1.4 1974. 21.1 -10.8 15.0 31.2 20.8 6.8 14.8 -5.2 1975. 15.9 25.7 11.2 23.2 11.7 7.2 12.6 -2.8 1976. 4.0 13.1 8.8 16.7 5.0 7.8 7.4 3.2 1977. 6.9 7.7 7.1 14.5 7.3 8.8 7.5 0.6 1978. 8.5 5.0 6.4 12.0 7.4 8.0 6.9 -1.5 1979. 9.5 7.6 8.9 13.4 10.1 7.3 9.3 -0.2 1980. 9.2 -2.4 12.4 21.3 8.8 8.8 9.0 -0.2 1981. 8.5 7.2 8.9 14.4 8.5 8.8 8.6 0.1 1982. 4.2 -9.5 11.0 16.0 2.3 7.2 4.5 0.3 1983. 0.6 8.7 1.3 7.4 2.1 5.9 2.8 2.3 1984. 3.1 27.2 0.3 -1.5 3.8 5.6 4.9 1.8 1985. 1.7 5.3 3.7 -0.1 0.5 4.6 2.3 0.7 1986. -0.2 -0.2 4.2 -7.3 -1.3 0.8 0.6 0.8 1987. 0.8 8.0 3.9 -8.5 3.2 4.5 3.9 3.1 1988. 4.8 7.5 1.7 -0.1 8.0 4.9 5.5 0.7 1989. 4.7 -4.7 2.3 1.9 3.1 3.4 1.8 -2.7 1990. 2.4 -4.8 5.4 -0.1 -1.1 5.3 1.0 -1.4 1991. 1.3 -9.7 3.5 -0.8 -2.2 4.2 -0.8 -2.1 1992. 0.3 2.5 7.2 7.9 -2.1 4.6 2.3 1.9 1993. 0.6 12.1 0.7 0.4 -0.1 2.9 1.8 1.1 1994. 1.7 25.2 0.8 -2.8 4.1 3.5 5.3 3.5 1995. 3.8 4.0 2.0 -4.8 7.2 2.9 4.5 0.7 1996. 1.1 13.8 0.2 7.8 -3.4 3.8 0.9 -0.3 1997. 1.2 7.8 3.2 3.8 -0.2 4.0 2.5 1.3 1998. 0.9 1.5 4.5 -5.4 -3.4 3.3 0.3 -0.7 1999. 0.4 3.4 1.1 0.6 -3.6 2.9 -0.4 -0.9 2000. 0.8 -2.3 3.1 18.3 2.2 3.5 2.1 1.3 2001. 0.4 -18.0 3.1 3.9 -2.0 2.6 -2.6 -3.1 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.5 3.4 4.9 3.7 2.9 4.5 3.8 0.3 1949-1973 2.9 2.5 4.9 1.0 2.5 3.7 3.4 0.5 1973-2001 4.1 4.1 5.0 6.1 3.3 5.1 4.2 0.1 1973-1979 10.8 7.5 9.5 18.3 10.3 7.7 9.7 -1.0 1979-1990 3.6 3.4 4.9 3.5 3.4 5.4 4.1 0.5 1990-1995 1.5 6.2 2.8 -0.1 1.3 3.6 2.6 1.0 1995-2000 0.9 4.7 2.4 4.7 -1.7 3.5 1.0 0.2 2000-2001 0.4 -18.0 3.1 3.9 -2.0 2.6 -2.6 -3.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FABRICATED METAL PRODUCTS (SIC 34) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 17.0 16.2 9.5 18.5 20.5 12.1 14.3 84.3 1953. 19.6 18.1 11.8 18.6 24.3 14.7 17.2 87.9 1954. 19.9 17.6 12.2 18.6 24.8 15.1 17.6 88.4 1955. 20.6 17.9 12.7 18.4 26.0 15.5 18.3 88.5 1956. 22.0 17.6 13.6 18.8 28.2 16.1 19.5 88.8 1957. 23.0 18.2 14.1 19.0 29.7 16.5 20.4 88.8 1958. 23.4 16.7 14.5 18.0 30.6 17.3 20.8 88.9 1959. 23.6 18.8 16.1 19.9 30.2 17.8 21.7 92.0 1960. 23.8 15.8 16.5 20.1 29.6 18.7 21.5 90.3 1961. 23.9 17.9 16.5 19.8 28.7 19.2 21.4 89.5 1962. 24.0 19.9 16.9 20.4 27.9 19.8 21.5 89.8 1963. 24.0 21.9 17.6 20.3 27.1 20.5 21.8 90.7 1964. 24.4 22.0 18.5 18.9 27.4 20.9 22.3 91.7 1965. 24.7 26.3 18.8 18.7 27.6 21.5 23.0 92.8 1966. 25.4 28.3 19.4 18.4 28.0 22.1 23.6 92.7 1967. 26.0 30.0 20.3 18.0 28.3 22.7 24.3 93.5 1968. 26.8 28.8 21.8 17.9 29.2 23.4 25.2 94.3 1969. 27.8 26.0 23.1 17.3 30.8 24.1 26.2 94.3 1970. 29.4 20.0 25.2 17.8 32.8 25.2 27.3 92.7 1971. 30.9 21.5 26.7 19.5 34.4 26.4 28.8 93.3 1972. 32.2 26.6 27.6 21.0 35.9 27.8 30.5 94.7 1973. 33.6 29.1 29.6 23.2 37.4 29.0 32.3 96.0 1974. 40.7 26.0 34.1 30.4 45.2 31.0 37.0 91.1 1975. 47.1 32.7 37.9 37.5 50.5 33.2 41.7 88.5 1976. 49.0 36.9 41.2 43.7 53.0 35.8 44.8 91.4 1977. 52.4 39.8 44.1 50.1 56.8 39.0 48.2 91.9 1978. 56.9 41.8 47.0 56.1 61.0 42.1 51.5 90.5 1979. 62.3 44.9 51.1 63.6 67.2 45.2 56.3 90.4 1980. 68.1 43.9 57.5 77.2 73.1 49.2 61.4 90.2 1981. 73.8 47.0 62.6 88.3 79.3 53.5 66.7 90.3 1982. 76.9 42.5 69.5 102.5 81.2 57.3 69.7 90.6 1983. 77.4 46.2 70.4 110.1 82.9 60.7 71.7 92.7 1984. 79.7 58.8 70.6 108.4 86.1 64.1 75.2 94.3 1985. 81.1 61.9 73.2 108.3 86.5 67.1 77.0 94.9 1986. 80.9 61.8 76.2 100.4 85.3 67.7 77.5 95.7 1987. 81.5 66.7 79.2 91.8 88.0 70.7 80.4 98.7 1988. 85.4 71.7 80.6 91.7 95.1 74.2 84.9 99.4 1989. 89.4 68.4 82.4 93.5 98.1 76.7 86.4 96.6 1990. 91.6 65.1 86.9 93.4 97.0 80.8 87.3 95.3 1991. 92.8 58.8 89.9 92.6 94.8 84.1 86.6 93.4 1992. 93.1 60.2 96.4 99.9 92.9 88.0 88.6 95.1 1993. 93.7 67.5 97.1 100.3 92.8 90.5 90.1 96.2 1994. 95.3 84.5 97.9 97.4 96.6 93.7 94.9 99.6 1995. 98.9 87.9 99.8 92.7 103.5 96.4 99.2 100.3 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 101.2 107.8 103.2 103.8 99.8 104.0 102.5 101.3 1998. 102.1 109.4 107.9 98.2 96.4 107.4 102.8 100.7 1999. 102.5 113.1 109.1 98.7 92.9 110.5 102.3 99.8 2000. 103.3 110.5 112.5 116.8 95.0 114.4 104.4 101.1 2001. 103.8 90.6 116.0 121.3 93.1 117.4 101.7 98.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FABRICATED METAL PRODUCTS (SIC 34) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 9.2 7.7 6.7 -4.5 -8.1 1.1 1964. 1.3 2.6 -10.7 -0.4 4.7 1.0 1965. 1.4 3.2 2.9 -0.5 3.3 1.3 1966. 2.1 0.6 -3.8 -0.9 -2.5 -0.1 1967. -1.7 3.7 -8.8 1.1 -11.5 0.9 1968. 0.7 3.3 -3.6 -0.7 0.3 0.9 1969. -3.5 -1.2 -4.7 2.0 -2.6 -0.1 1970. -12.4 -1.0 -14.0 1.0 -6.2 -1.6 1971. -5.2 3.1 5.2 -0.3 -1.7 0.6 1972. 6.4 2.2 -7.0 -0.2 6.5 1.6 1973. 3.2 2.6 8.0 0.0 0.3 1.4 1974. -11.2 -2.3 -0.5 -5.8 -9.4 -5.2 1975. -16.4 0.4 -7.1 -1.8 -6.2 -2.8 1976. 5.8 4.1 4.8 1.3 10.2 3.2 1977. 3.6 3.0 7.7 -1.7 -1.4 0.6 1978. -0.6 -1.8 1.7 -1.6 -1.1 -1.5 1979. -1.8 -0.3 3.2 1.0 -7.3 -0.2 1980. -9.3 0.4 -1.3 1.2 1.4 -0.2 1981. -5.4 -0.5 -0.3 0.8 8.8 0.1 1982. -9.1 5.3 -3.7 -0.6 -2.8 0.3 1983. 4.8 3.8 8.2 2.1 -10.1 2.3 1984. 6.9 0.5 -4.8 1.1 7.4 1.8 1985. -1.0 1.1 8.1 -0.5 7.8 0.7 1986. -2.6 3.5 -1.1 0.2 -0.6 0.8 1987. 0.1 4.3 -8.0 4.6 -3.7 3.1 1988. 3.0 -1.2 -1.1 2.0 -2.4 0.7 1989. -2.8 -3.5 -2.4 -2.1 -3.6 -2.7 1990. -3.2 0.7 -1.5 -2.7 0.7 -1.4 1991. -5.6 -0.3 -4.0 -2.8 0.4 -2.1 1992. 5.2 5.9 9.2 -1.5 -1.8 1.9 1993. 3.1 1.9 -1.0 -0.1 2.3 1.1 1994. 5.7 2.2 3.8 3.9 3.2 3.5 1995. 0.1 1.6 -3.1 0.7 -1.1 0.7 1996. -0.2 1.8 6.1 -2.5 2.5 -0.3 1997. 3.5 3.2 3.8 -0.5 -0.5 1.3 1998. 0.3 3.2 0.3 -4.2 1.7 -0.7 1999. -2.5 -0.3 -0.2 -1.5 3.9 -0.9 2000. 0.1 1.2 0.0 1.6 2.7 1.3 2001. -7.7 -1.5 -1.0 -3.6 2.1 -3.1 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.9 1.6 -0.3 -0.4 -0.6 0.3 1949-1973 -0.2 2.0 -1.2 -0.2 -1.3 0.5 1973-2001 -1.5 1.3 0.5 -0.5 0.0 0.1 1973-1979 -3.8 0.5 1.5 -1.5 -2.7 -1.0 1979-1990 -1.8 1.3 -0.8 0.5 0.1 0.5 1990-1995 1.6 2.3 0.9 0.0 0.6 1.0 1995-2000 0.2 1.8 2.0 -1.4 2.0 0.2 2000-2001 -7.7 -1.5 -1.0 -3.6 2.1 -3.1 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FABRICATED METAL PRODUCTS (SIC 34) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 143.1 57.0 125.8 109.3 133.7 89.8 1963. 156.2 61.4 134.2 104.4 122.8 90.7 1964. 158.1 63.0 119.9 104.0 128.6 91.7 1965. 160.3 65.0 123.4 103.5 132.8 92.8 1966. 163.7 65.4 118.7 102.6 129.5 92.7 1967. 160.9 67.8 108.3 103.8 114.6 93.5 1968. 162.0 70.0 104.4 103.0 114.9 94.3 1969. 156.3 69.2 99.4 105.1 111.9 94.3 1970. 137.0 68.5 85.5 106.1 105.0 92.7 1971. 129.9 70.7 89.9 105.8 103.2 93.3 1972. 138.2 72.2 83.7 105.6 109.9 94.7 1973. 142.7 74.1 90.4 105.6 110.2 96.0 1974. 126.7 72.4 89.9 99.4 99.9 91.1 1975. 105.9 72.7 83.5 97.7 93.7 88.5 1976. 112.0 75.7 87.5 98.9 103.3 91.4 1977. 116.0 78.0 94.3 97.2 101.9 91.9 1978. 115.3 76.6 95.8 95.6 100.8 90.5 1979. 113.2 76.4 98.9 96.6 93.4 90.4 1980. 102.7 76.6 97.6 97.8 94.8 90.2 1981. 97.2 76.3 97.3 98.6 103.1 90.3 1982. 88.4 80.3 93.7 98.0 100.3 90.6 1983. 92.6 83.3 101.4 100.1 90.2 92.7 1984. 99.0 83.8 96.6 101.2 96.9 94.3 1985. 98.0 84.6 104.4 100.7 104.4 94.9 1986. 95.4 87.6 103.2 100.9 103.8 95.7 1987. 95.5 91.4 95.0 105.5 99.9 98.7 1988. 98.4 90.3 94.0 107.6 97.5 99.4 1989. 95.6 87.1 91.7 105.3 94.0 96.6 1990. 92.5 87.8 90.3 102.5 94.7 95.3 1991. 87.3 87.5 86.7 99.6 95.1 93.4 1992. 91.9 92.7 94.7 98.2 93.4 95.1 1993. 94.7 94.5 93.7 98.1 95.6 96.2 1994. 100.0 96.6 97.3 101.9 98.6 99.6 1995. 100.2 98.2 94.3 102.6 97.6 100.3 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 103.5 103.2 103.8 99.5 99.5 101.3 1998. 103.9 106.6 104.1 95.4 101.2 100.7 1999. 101.3 106.3 104.0 93.9 105.1 99.8 2000. 101.4 107.6 104.0 95.4 108.0 101.1 2001. 93.6 106.0 103.0 92.0 110.3 98.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FABRICATED METAL PRODUCTS (SIC 34) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 9.798 0.989 3.634 0.144 4.664 0.366 1953. 16.948 1.405 6.461 0.199 8.224 0.660 1954. 15.381 1.384 5.969 0.177 7.244 0.606 1955. 17.634 1.509 6.568 0.193 8.663 0.700 1956. 19.285 1.572 7.079 0.204 9.654 0.776 1957. 20.251 1.681 7.448 0.210 10.090 0.822 1958. 19.040 1.584 6.942 0.209 9.514 0.792 1959. 22.198 1.836 8.178 0.238 11.006 0.940 1960. 22.197 1.580 8.394 0.238 10.957 1.027 1961. 20.960 1.813 8.021 0.231 9.935 0.959 1962. 22.747 2.079 8.707 0.249 10.602 1.110 1963. 25.318 2.324 9.363 0.258 11.985 1.388 1964. 27.128 2.440 10.141 0.284 12.834 1.429 1965. 30.469 3.181 11.040 0.302 14.373 1.574 1966. 34.310 3.658 12.377 0.337 16.122 1.815 1967. 37.264 4.206 13.284 0.387 17.143 2.244 1968. 41.102 4.288 14.817 0.426 19.099 2.473 1969. 43.351 4.080 16.133 0.440 20.043 2.655 1970. 41.425 3.234 16.007 0.474 19.037 2.673 1971. 42.557 3.578 16.129 0.484 19.581 2.785 1972. 47.999 4.507 17.671 0.606 22.238 2.977 1973. 55.118 5.264 20.319 0.681 25.445 3.410 1974. 63.339 5.017 22.682 0.852 30.977 3.812 1975. 64.624 6.648 22.118 0.995 31.025 3.837 1976. 73.358 7.754 25.217 1.209 35.083 4.095 1977. 84.623 8.705 28.293 1.388 41.361 4.876 1978. 95.096 9.518 31.750 1.583 46.732 5.513 1979. 106.121 10.624 35.323 1.774 51.901 6.500 1980. 108.079 10.660 36.889 2.032 51.998 6.501 1981. 114.332 11.774 39.355 2.275 54.588 6.338 1982. 109.588 10.783 38.173 2.521 51.686 6.426 1983. 114.480 11.612 38.698 2.599 53.708 7.863 1984. 128.946 15.102 42.196 2.937 60.259 8.453 1985. 133.121 16.309 43.951 2.757 61.770 8.333 1986. 132.885 16.711 44.249 2.584 60.888 8.452 1987. 136.733 18.420 44.988 2.624 61.335 9.366 1988. 147.650 19.810 47.771 2.730 66.962 10.378 1989. 150.254 18.890 49.235 2.773 68.544 10.812 1990. 150.543 18.184 50.383 2.750 68.166 11.060 1991. 144.629 16.492 49.558 2.695 65.005 10.879 1992. 153.473 16.996 53.063 2.816 68.345 12.254 1993. 160.512 19.217 54.494 2.968 71.020 12.813 1994. 175.604 24.482 57.816 2.987 76.503 13.816 1995. 188.617 26.310 60.069 3.037 84.330 14.871 1996. 197.110 30.987 61.037 3.190 86.340 15.556 1997. 212.122 34.350 64.937 3.393 92.141 17.301 1998. 222.940 36.159 68.445 3.331 96.708 18.297 1999. 225.314 38.589 69.842 3.379 95.275 18.230 2000. 232.238 38.497 72.784 4.087 98.076 18.795 2001. 216.561 31.764 70.739 3.980 92.552 17.525 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: FABRICATED METAL PRODUCTS (SIC 34) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.101 0.371 0.015 0.476 0.037 1952. 0.096 0.384 0.012 0.469 0.039 1953. 0.083 0.381 0.012 0.485 0.039 1954. 0.090 0.388 0.012 0.471 0.039 1955. 0.086 0.372 0.011 0.491 0.040 1956. 0.081 0.367 0.011 0.501 0.040 1957. 0.083 0.368 0.010 0.498 0.041 1958. 0.083 0.365 0.011 0.500 0.042 1959. 0.083 0.368 0.011 0.496 0.042 1960. 0.071 0.378 0.011 0.494 0.046 1961. 0.087 0.383 0.011 0.474 0.046 1962. 0.091 0.383 0.011 0.466 0.049 1963. 0.092 0.370 0.010 0.473 0.055 1964. 0.090 0.374 0.010 0.473 0.053 1965. 0.104 0.362 0.010 0.472 0.052 1966. 0.107 0.361 0.010 0.470 0.053 1967. 0.113 0.356 0.010 0.460 0.060 1968. 0.104 0.361 0.010 0.465 0.060 1969. 0.094 0.372 0.010 0.462 0.061 1970. 0.078 0.386 0.011 0.460 0.065 1971. 0.084 0.379 0.011 0.460 0.065 1972. 0.094 0.368 0.013 0.463 0.062 1973. 0.095 0.369 0.012 0.462 0.062 1974. 0.079 0.358 0.013 0.489 0.060 1975. 0.103 0.342 0.015 0.480 0.059 1976. 0.106 0.344 0.016 0.478 0.056 1977. 0.103 0.334 0.016 0.489 0.058 1978. 0.100 0.334 0.017 0.491 0.058 1979. 0.100 0.333 0.017 0.489 0.061 1980. 0.099 0.341 0.019 0.481 0.060 1981. 0.103 0.344 0.020 0.477 0.055 1982. 0.098 0.348 0.023 0.472 0.059 1983. 0.101 0.338 0.023 0.469 0.069 1984. 0.117 0.327 0.023 0.467 0.066 1985. 0.123 0.330 0.021 0.464 0.063 1986. 0.126 0.333 0.019 0.458 0.064 1987. 0.135 0.329 0.019 0.449 0.068 1988. 0.134 0.324 0.018 0.454 0.070 1989. 0.126 0.328 0.018 0.456 0.072 1990. 0.121 0.335 0.018 0.453 0.073 1991. 0.114 0.343 0.019 0.449 0.075 1992. 0.111 0.346 0.018 0.445 0.080 1993. 0.120 0.340 0.018 0.442 0.080 1994. 0.139 0.329 0.017 0.436 0.079 1995. 0.139 0.318 0.016 0.447 0.079 1996. 0.157 0.310 0.016 0.438 0.079 1997. 0.162 0.306 0.016 0.434 0.082 1998. 0.162 0.307 0.015 0.434 0.082 1999. 0.171 0.310 0.015 0.423 0.081 2000. 0.166 0.313 0.018 0.422 0.081 2001. 0.147 0.327 0.018 0.427 0.081 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: INDUSTRIAL AND COMMERCIAL MACH., COMPUTER EQPT. (SIC 35) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 7.2 2.7 3.2 5.4 13.4 17.8 7.1 0.0 1964. 13.1 3.4 6.1 15.3 13.7 12.8 8.6 4.2 1965. 10.8 7.0 9.3 5.6 14.1 11.9 10.6 0.2 1966. 16.8 8.7 11.5 11.7 21.7 28.3 15.4 1.2 1967. 0.9 12.5 0.0 13.5 -1.8 15.7 2.4 -1.5 1968. -0.3 6.8 -1.9 3.7 0.6 -8.2 -0.1 -0.2 1969. 6.5 8.7 3.9 3.9 8.5 6.7 6.4 0.1 1970. -3.4 7.8 -4.8 7.6 -5.8 -8.2 -3.5 0.1 1971. -5.2 4.0 -9.3 -1.6 -4.9 -4.3 -5.5 0.3 1972. 15.5 3.8 7.1 6.6 15.1 8.1 9.4 5.6 1973. 18.6 11.2 11.4 7.2 21.5 21.1 15.5 2.6 1974. 5.5 12.2 4.0 -1.3 11.6 12.3 8.4 -2.6 1975. -12.0 7.2 -9.1 1.1 -9.5 -11.3 -7.5 -4.8 1976. 7.6 2.2 0.3 -0.3 5.6 0.6 2.6 4.8 1977. 10.9 5.0 5.4 -0.4 12.4 8.3 8.1 2.6 1978. 11.7 7.3 7.6 5.4 12.3 21.9 10.2 1.3 1979. 8.3 9.2 6.0 0.3 7.8 22.2 8.2 0.1 1980. -0.3 9.2 -1.2 -2.6 -2.6 -2.7 -0.7 0.4 1981. 2.9 8.7 -0.8 -0.3 2.3 0.4 1.6 1.3 1982. -12.5 5.3 -11.6 -5.7 -13.6 -22.4 -11.2 -1.5 1983. 0.1 -0.2 -7.6 -8.0 -5.9 6.9 -5.1 5.5 1984. 23.6 2.8 11.6 5.9 25.0 20.5 16.1 6.5 1985. 6.4 5.8 -1.0 -1.9 3.0 -14.6 0.1 6.2 1986. 0.6 3.5 -5.9 1.0 -1.7 2.6 -2.7 3.3 1987. 3.7 1.6 -1.2 5.9 -6.4 1.5 -2.7 6.6 1988. 13.0 3.4 4.7 3.2 11.6 7.0 7.3 5.2 1989. 2.4 3.7 1.1 4.5 1.5 0.2 1.6 0.9 1990. 0.2 2.7 -2.2 -0.1 0.5 -5.5 -0.8 1.0 1991. -5.0 2.4 -4.8 -1.3 -1.3 -7.2 -2.8 -2.3 1992. 8.3 2.8 -2.4 -8.0 8.2 4.6 2.7 5.4 1993. 9.7 3.8 2.3 3.1 12.3 7.9 6.9 2.6 1994. 13.5 5.0 3.5 7.3 11.8 11.4 7.8 5.3 1995. 14.7 6.3 4.0 3.4 15.9 7.6 9.6 4.7 1996. 12.4 6.9 0.7 -2.7 12.9 4.5 6.8 5.2 1997. 13.0 8.3 4.2 -0.1 7.8 0.4 5.8 6.8 1998. 11.7 10.2 0.4 11.4 0.5 -3.7 1.1 10.5 1999. 4.9 9.2 -4.2 5.3 -0.4 -3.6 -1.2 6.1 2000. 8.4 6.9 -2.3 7.2 -2.0 -3.4 -1.4 9.9 2001. -8.1 4.6 -7.5 -6.9 -12.7 -14.0 -9.3 1.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 5.1 5.2 1.0 2.6 4.4 3.7 2.9 2.1 1949-1973 4.8 4.8 2.5 4.8 5.5 6.5 4.1 0.7 1973-2001 5.2 5.5 -0.4 0.8 3.4 1.3 1.9 3.2 1973-1979 5.0 7.1 2.2 0.8 6.4 8.3 4.8 0.2 1979-1990 3.3 4.2 -1.5 0.1 0.8 -1.2 0.1 3.2 1990-1995 8.0 4.0 0.5 0.7 9.2 4.7 4.8 3.1 1995-2000 10.0 8.3 -0.3 4.1 3.6 -1.2 2.2 7.7 2000-2001 -8.1 4.6 -7.5 -6.9 -12.7 -14.0 -9.3 1.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: INDUSTRIAL AND COMMERCIAL MACH., COMPUTER EQPT. (SIC 35) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 10.1 10.4 54.8 30.8 10.0 11.9 21.0 48.3 1953. 15.3 13.2 75.6 39.5 15.4 20.3 29.9 51.0 1954. 13.1 12.9 66.8 33.7 12.4 18.1 26.0 50.5 1955. 14.0 13.6 69.7 44.2 14.0 20.1 28.1 49.8 1956. 15.1 14.7 75.9 48.5 14.9 22.7 30.3 49.7 1957. 14.4 15.0 74.9 49.1 14.1 23.7 29.8 48.5 1958. 12.5 14.3 63.1 41.3 12.4 21.3 26.0 48.3 1959. 14.8 14.6 69.2 42.5 14.9 22.9 29.1 50.8 1960. 13.7 14.9 69.9 41.8 13.6 20.6 28.2 48.6 1961. 13.6 15.1 67.0 40.9 13.8 19.8 27.8 49.0 1962. 15.0 15.4 71.4 44.3 15.0 21.5 29.7 50.6 1963. 16.1 15.9 73.7 46.7 17.0 25.3 31.8 50.6 1964. 18.2 16.4 78.2 53.8 19.3 28.5 34.5 52.7 1965. 20.2 17.5 85.5 56.8 22.0 32.0 38.2 52.8 1966. 23.5 19.1 95.3 63.4 26.8 41.0 44.0 53.5 1967. 23.7 21.5 95.3 72.0 26.3 47.5 45.1 52.6 1968. 23.7 22.9 93.5 74.7 26.5 43.6 45.1 52.5 1969. 25.2 24.9 97.1 77.6 28.7 46.5 47.9 52.6 1970. 24.3 26.9 92.5 83.5 27.0 42.7 46.2 52.6 1971. 23.1 28.0 83.9 82.2 25.7 40.9 43.7 52.8 1972. 26.7 29.0 89.8 87.6 29.6 44.2 47.8 55.8 1973. 31.6 32.2 100.0 93.9 35.9 53.5 55.2 57.2 1974. 33.3 36.2 104.0 92.7 40.1 60.1 59.8 55.7 1975. 29.4 38.8 94.5 93.7 36.3 53.3 55.4 53.0 1976. 31.6 39.6 94.8 93.4 38.3 53.6 56.8 55.6 1977. 35.0 41.6 99.9 93.1 43.1 58.1 61.4 57.0 1978. 39.1 44.6 107.6 98.1 48.4 70.8 67.7 57.8 1979. 42.4 48.8 114.1 98.4 52.2 86.5 73.3 57.8 1980. 42.3 53.2 112.7 95.8 50.8 84.2 72.8 58.1 1981. 43.5 57.9 111.8 95.5 52.0 84.6 74.0 58.8 1982. 38.1 61.0 98.8 90.1 44.9 65.6 65.7 57.9 1983. 38.1 60.9 91.3 82.9 42.2 70.1 62.4 61.1 1984. 47.1 62.6 101.8 87.7 52.8 84.5 72.4 65.1 1985. 50.1 66.2 100.9 86.1 54.4 72.2 72.5 69.1 1986. 50.4 68.5 94.9 86.9 53.5 74.0 70.5 71.4 1987. 52.2 69.7 93.7 92.0 50.1 75.2 68.6 76.2 1988. 59.0 72.0 98.2 94.9 55.9 80.4 73.6 80.2 1989. 60.5 74.7 99.3 99.2 56.7 80.6 74.8 80.9 1990. 60.6 76.7 97.1 99.1 57.0 76.1 74.2 81.7 1991. 57.6 78.5 92.4 97.7 56.3 70.7 72.2 79.8 1992. 62.3 80.7 90.2 89.9 60.9 73.9 74.1 84.1 1993. 68.4 83.8 92.3 92.7 68.4 79.8 79.2 86.3 1994. 77.6 88.0 95.5 99.5 76.5 88.9 85.4 90.8 1995. 89.0 93.5 99.4 102.8 88.6 95.7 93.6 95.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 113.0 108.3 104.2 99.9 107.8 100.4 105.8 106.8 1998. 126.2 119.3 104.6 111.2 108.3 96.7 106.9 118.0 1999. 132.3 130.3 100.2 117.2 107.9 93.2 105.7 125.2 2000. 143.4 139.3 98.0 125.6 105.8 90.0 104.2 137.6 2001. 131.8 145.6 90.6 117.0 92.3 77.4 94.5 139.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: INDUSTRIAL AND COMMERCIAL MACH., COMPUTER EQPT. (SIC 35) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 1.0 1.5 3.6 -0.9 -2.9 2.5 1.0 0.0 1964. 1.1 19.3 4.8 -5.6 0.5 2.9 5.4 4.2 1965. 1.4 8.1 -0.1 -1.7 0.4 3.1 1.6 0.2 1966. 2.6 5.2 5.3 -0.4 1.8 2.9 3.9 1.2 1967. 3.2 -9.2 6.5 -0.6 1.2 2.9 1.6 -1.5 1968. 3.6 -6.1 7.1 -1.0 3.6 3.2 3.4 -0.2 1969. 3.6 -9.0 7.6 3.2 4.9 3.2 3.7 0.1 1970. 4.5 -0.7 5.1 1.1 6.2 4.7 4.6 0.1 1971. 3.8 -6.2 7.0 7.5 5.1 4.9 4.1 0.3 1972. 2.4 19.8 7.5 8.4 4.6 5.6 8.1 5.6 1973. 1.8 -2.1 8.1 10.8 3.1 4.4 4.5 2.6 1974. 11.2 -19.3 11.7 28.6 14.8 6.7 8.2 -2.6 1975. 15.0 15.0 8.0 15.3 9.5 7.3 9.5 -4.8 1976. 4.2 20.2 11.3 17.4 3.4 8.5 9.2 4.8 1977. 4.8 15.4 7.5 16.2 4.2 8.9 7.5 2.6 1978. 5.5 9.1 7.7 12.3 4.9 8.3 6.9 1.3 1979. 6.5 -10.8 11.6 14.6 8.1 7.5 6.6 0.1 1980. 7.6 -6.0 12.2 19.5 8.1 9.0 8.0 0.4 1981. 7.4 8.9 10.9 15.6 6.2 8.9 8.7 1.3 1982. 3.7 -20.1 8.9 14.0 1.8 7.2 2.1 -1.5 1983. -3.5 -5.3 1.9 5.0 2.9 6.2 1.7 5.5 1984. -2.2 15.0 2.5 4.7 2.5 5.9 4.2 6.5 1985. -4.7 -18.2 6.2 1.3 1.6 4.8 1.3 6.2 1986. -3.3 -31.6 7.8 -3.1 0.1 0.8 0.0 3.3 1987. -0.3 46.3 3.6 -12.4 2.8 4.6 6.3 6.6 1988. 0.4 44.6 -1.7 -3.0 3.8 4.6 5.7 5.2 1989. 1.4 2.8 2.7 -0.6 1.6 3.6 2.3 0.9 1990. 0.1 -4.7 3.4 -0.7 0.1 5.8 1.1 1.0 1991. -0.1 -32.1 6.2 0.9 -1.6 4.4 -2.4 -2.3 1992. -1.9 7.3 7.5 7.4 -2.2 5.1 3.3 5.4 1993. -2.3 -13.1 2.5 2.5 0.8 2.7 0.2 2.6 1994. -1.4 1.6 6.3 3.0 1.9 3.5 3.8 5.3 1995. -2.4 24.6 -0.3 -4.4 0.1 2.7 2.2 4.7 1996. -5.1 -4.9 5.1 8.9 -4.3 3.6 -0.2 5.2 1997. -5.9 -7.3 3.3 0.6 -0.6 4.3 0.6 6.8 1998. -7.0 15.4 3.5 -8.5 -0.6 3.4 2.7 10.5 1999. -5.9 -31.4 7.5 2.7 1.2 2.8 -0.1 6.1 2000. -3.0 21.2 6.9 12.8 4.1 3.4 6.7 9.9 2001. -4.0 -34.3 -0.8 5.9 2.5 2.6 -2.7 1.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 1.6 0.0 5.6 3.7 2.5 4.5 3.7 2.1 1949-1973 3.0 2.4 5.3 1.1 2.3 3.7 3.7 0.7 1973-2001 0.4 -2.0 5.8 5.9 2.7 5.2 3.6 3.2 1973-1979 7.8 3.8 9.6 17.3 7.4 7.9 8.0 0.2 1979-1990 0.5 0.3 5.3 3.3 2.8 5.5 3.7 3.2 1990-1995 -1.6 -4.3 4.4 1.8 -0.2 3.7 1.4 3.1 1995-2000 -5.4 -3.3 5.2 3.1 -0.1 3.5 1.9 7.7 2000-2001 -4.0 -34.3 -0.8 5.9 2.5 2.6 -2.7 1.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: INDUSTRIAL AND COMMERCIAL MACH., COMPUTER EQPT. (SIC 35) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 34.2 57.3 7.2 17.2 29.3 11.8 16.5 48.3 1953. 39.9 69.7 9.6 17.8 33.2 14.6 20.4 51.0 1954. 41.0 68.0 9.9 18.0 33.8 15.0 20.7 50.5 1955. 42.3 63.4 10.2 17.3 35.3 15.5 21.1 49.8 1956. 45.5 73.6 10.6 17.2 38.2 16.1 22.6 49.7 1957. 48.6 70.8 11.2 17.7 40.5 16.6 23.5 48.5 1958. 49.9 62.2 12.0 17.3 41.5 17.4 24.1 48.3 1959. 50.9 83.7 12.9 18.2 41.1 17.6 25.9 50.8 1960. 51.5 70.9 12.8 18.0 40.4 18.3 25.1 48.6 1961. 51.6 74.3 13.2 18.3 39.1 18.6 25.3 49.0 1962. 51.9 87.0 13.7 18.6 38.3 19.0 26.3 50.6 1963. 52.4 88.3 14.2 18.4 37.2 19.5 26.5 50.6 1964. 53.0 105.3 14.9 17.4 37.4 20.1 27.9 52.7 1965. 53.7 113.9 14.9 17.1 37.5 20.7 28.4 52.8 1966. 55.1 119.8 15.7 17.0 38.2 21.3 29.5 53.5 1967. 56.9 108.7 16.7 16.9 38.6 21.9 30.0 52.6 1968. 58.9 102.0 17.9 16.8 40.0 22.6 31.0 52.5 1969. 61.0 92.9 19.3 17.3 42.0 23.3 32.1 52.6 1970. 63.8 92.3 20.3 17.5 44.6 24.4 33.6 52.6 1971. 66.2 86.5 21.7 18.8 46.8 25.6 34.9 52.8 1972. 67.8 103.7 23.3 20.4 49.0 27.1 37.8 55.8 1973. 69.0 101.5 25.2 22.6 50.5 28.2 39.5 57.2 1974. 76.7 81.9 28.1 29.1 58.0 30.1 42.7 55.7 1975. 88.2 94.1 30.4 33.5 63.5 32.4 46.8 53.0 1976. 91.9 113.1 33.8 39.3 65.6 35.1 51.1 55.6 1977. 96.3 130.5 36.3 45.7 68.4 38.2 54.9 57.0 1978. 101.5 142.3 39.1 51.3 71.7 41.4 58.7 57.8 1979. 108.1 127.0 43.7 58.8 77.5 44.5 62.5 57.8 1980. 116.3 119.3 49.0 70.3 83.8 48.5 67.5 58.1 1981. 124.9 130.0 54.4 81.3 89.0 52.8 73.4 58.8 1982. 129.5 103.9 59.2 92.7 90.6 56.6 75.0 57.9 1983. 124.9 98.4 60.4 97.3 93.2 60.1 76.3 61.1 1984. 122.2 113.2 61.9 101.9 95.5 63.7 79.5 65.1 1985. 116.5 92.6 65.7 103.2 97.1 66.7 80.5 69.1 1986. 112.7 63.3 70.8 100.0 97.2 67.2 80.5 71.4 1987. 112.3 92.7 73.4 87.6 99.9 70.3 85.6 76.2 1988. 112.8 134.0 72.2 85.0 103.8 73.5 90.4 80.2 1989. 114.4 137.7 74.1 84.6 105.4 76.2 92.5 80.9 1990. 114.5 131.2 76.7 84.0 105.5 80.6 93.5 81.7 1991. 114.4 89.1 81.5 84.7 103.8 84.1 91.3 79.8 1992. 112.2 95.6 87.6 90.9 101.5 88.4 94.3 84.1 1993. 109.6 83.1 89.7 93.2 102.3 90.8 94.5 86.3 1994. 108.0 84.4 95.4 96.0 104.3 94.0 98.1 90.8 1995. 105.4 105.2 95.2 91.8 104.4 96.5 100.2 95.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 94.1 92.7 103.3 100.6 99.4 104.3 100.6 106.8 1998. 87.5 106.9 106.9 92.1 98.8 107.9 103.3 118.0 1999. 82.3 73.3 114.9 94.6 100.0 110.9 103.1 125.2 2000. 79.9 88.9 122.8 106.7 104.1 114.7 110.0 137.6 2001. 76.7 58.4 121.8 113.0 106.7 117.7 107.0 139.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: INDUSTRIAL AND COMMERCIAL MACH., COMPUTER EQPT. (SIC 35) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 4.3 3.8 1.7 -5.5 -9.0 0.0 1964. 9.4 6.6 -1.9 -0.5 0.3 4.2 1965. 3.6 1.4 5.0 -2.8 -1.0 0.2 1966. 7.4 4.8 4.6 -4.0 -9.0 1.2 1967. -10.4 0.9 -11.2 2.7 -12.8 -1.5 1968. -6.7 1.6 -3.9 -1.0 8.5 -0.2 1969. -2.1 2.5 2.5 -1.8 -0.2 0.1 1970. -10.5 1.4 -10.2 2.5 5.2 0.1 1971. -8.8 4.5 -3.7 -0.3 -1.0 0.3 1972. 11.3 7.9 8.3 0.4 6.8 5.6 1973. 6.6 6.4 10.6 -2.4 -2.1 2.6 1974. -5.9 1.5 6.9 -5.5 -6.0 -2.6 1975. -17.9 -3.1 -12.9 -2.7 -0.7 -4.8 1976. 5.3 7.2 7.9 1.8 7.0 4.8 1977. 5.6 5.3 11.3 -1.3 2.4 2.6 1978. 4.1 3.8 6.0 -0.5 -8.4 1.3 1979. -0.8 2.1 7.9 0.4 -11.4 0.1 1980. -8.6 1.0 2.5 2.4 2.5 0.4 1981. -5.4 3.7 3.3 0.7 2.5 1.3 1982. -16.9 -1.0 -7.2 1.3 12.8 -1.5 1983. 0.3 8.3 8.8 6.4 -6.3 5.5 1984. 20.2 10.8 16.8 -1.1 2.5 6.5 1985. 0.5 7.4 8.4 3.2 24.5 6.2 1986. -2.8 6.9 -0.4 2.3 -1.9 3.3 1987. 2.0 5.0 -2.0 10.8 2.2 6.6 1988. 9.2 7.9 9.4 1.2 5.6 5.2 1989. -1.2 1.3 -1.9 1.0 2.3 0.9 1990. -2.3 2.5 0.4 -0.2 6.1 1.0 1991. -7.2 -0.2 -3.7 -3.8 2.3 -2.3 1992. 5.3 11.0 17.7 0.0 3.5 5.4 1993. 5.7 7.2 6.4 -2.3 1.6 2.6 1994. 8.0 9.6 5.8 1.5 1.9 5.3 1995. 7.9 10.3 11.0 -1.0 6.6 4.7 1996. 5.1 11.6 15.5 -0.4 7.5 5.2 1997. 4.3 8.5 13.2 4.8 12.6 6.8 1998. 1.4 11.2 0.2 11.1 15.9 10.5 1999. -4.0 9.4 -0.5 5.2 8.8 6.1 2000. 1.4 10.9 1.2 10.6 12.2 9.9 2001. -12.1 -0.7 -1.3 5.3 6.9 1.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.1 4.0 2.4 0.7 1.3 2.1 1949-1973 0.0 2.2 0.1 -0.6 -1.5 0.7 1973-2001 -0.3 5.6 4.4 1.7 3.9 3.2 1973-1979 -2.0 2.7 4.2 -1.3 -3.1 0.2 1979-1990 -0.9 4.8 3.2 2.5 4.5 3.2 1990-1995 3.8 7.5 7.2 -1.1 3.2 3.1 1995-2000 1.6 10.3 5.7 6.2 11.4 7.7 2000-2001 -12.1 -0.7 -1.3 5.3 6.9 1.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: INDUSTRIAL AND COMMERCIAL MACH., COMPUTER EQPT. (SIC 35) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 97.2 21.0 33.9 100.3 69.8 50.6 1963. 101.4 21.8 34.5 94.8 63.5 50.6 1964. 110.9 23.3 33.8 94.3 63.7 52.7 1965. 114.9 23.6 35.5 91.6 63.1 52.8 1966. 123.4 24.7 37.1 88.0 57.4 53.5 1967. 110.7 24.9 33.0 90.3 50.0 52.6 1968. 103.3 25.3 31.7 89.5 54.3 52.5 1969. 101.1 26.0 32.5 87.8 54.2 52.6 1970. 90.6 26.3 29.1 90.0 57.0 52.6 1971. 82.6 27.5 28.1 89.7 56.4 52.8 1972. 91.9 29.7 30.4 90.1 60.3 55.8 1973. 98.0 31.6 33.6 87.9 59.0 57.2 1974. 92.2 32.1 36.0 83.1 55.5 55.7 1975. 75.7 31.1 31.3 80.9 55.1 53.0 1976. 79.7 33.3 33.8 82.4 58.9 55.6 1977. 84.2 35.1 37.6 81.3 60.3 57.0 1978. 87.6 36.4 39.9 80.9 55.3 57.8 1979. 86.9 37.1 43.0 81.2 49.0 57.8 1980. 79.4 37.5 44.1 83.1 50.2 58.1 1981. 75.1 38.9 45.5 83.7 51.4 58.8 1982. 62.4 38.5 42.2 84.7 58.0 57.9 1983. 62.6 41.7 46.0 90.2 54.4 61.1 1984. 75.2 46.2 53.7 89.2 55.7 65.1 1985. 75.6 49.7 58.2 92.1 69.4 69.1 1986. 73.5 53.1 58.0 94.2 68.0 71.4 1987. 75.0 55.7 56.8 104.3 69.5 76.2 1988. 81.9 60.1 62.2 105.6 73.4 80.2 1989. 80.9 60.9 61.0 106.6 75.0 80.9 1990. 79.0 62.4 61.2 106.3 79.6 81.7 1991. 73.3 62.3 58.9 102.3 81.4 79.8 1992. 77.2 69.1 69.3 102.4 84.3 84.1 1993. 81.6 74.1 73.7 100.0 85.7 86.3 1994. 88.2 81.2 78.0 101.5 87.3 90.8 1995. 95.1 89.6 86.6 100.4 93.0 95.1 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 104.3 108.5 113.2 104.8 112.6 106.8 1998. 105.8 120.6 113.4 116.5 130.5 118.0 1999. 101.6 132.0 112.9 122.6 142.0 125.2 2000. 103.0 146.4 114.2 135.6 159.4 137.6 2001. 90.5 145.5 112.7 142.8 170.4 139.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: INDUSTRIAL AND COMMERCIAL MACH., COMPUTER EQPT. (SIC 35) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 11.080 1.795 4.529 0.160 4.181 0.415 1953. 19.432 2.771 8.299 0.213 7.281 0.869 1954. 17.179 2.640 7.567 0.184 5.990 0.798 1955. 18.874 2.597 8.102 0.232 7.029 0.914 1956. 21.871 3.253 9.199 0.252 8.092 1.074 1957. 22.350 3.197 9.588 0.264 8.151 1.150 1958. 19.950 2.669 8.664 0.217 7.314 1.086 1959. 23.955 3.669 10.182 0.234 8.684 1.187 1960. 22.532 3.187 10.215 0.227 7.800 1.102 1961. 22.465 3.366 10.097 0.227 7.693 1.082 1962. 24.834 4.042 11.194 0.249 8.149 1.200 1963. 26.871 4.212 11.973 0.260 8.976 1.449 1964. 30.731 5.196 13.312 0.283 10.258 1.681 1965. 34.528 6.011 14.535 0.294 11.749 1.939 1966. 41.388 6.875 17.068 0.327 14.556 2.562 1967. 43.086 7.020 18.179 0.369 14.467 3.051 1968. 44.494 7.038 19.104 0.379 15.081 2.891 1969. 49.073 6.968 21.351 0.407 17.164 3.185 1970. 49.493 7.463 21.363 0.442 17.164 3.062 1971. 48.700 7.280 20.727 0.468 17.148 3.076 1972. 57.597 9.052 23.859 0.541 20.633 3.512 1973. 69.496 9.849 28.727 0.642 25.839 4.440 1974. 81.515 8.913 33.360 0.815 33.108 5.319 1975. 82.562 10.987 32.753 0.950 32.809 5.065 1976. 92.527 13.487 36.565 1.112 35.838 5.525 1977. 107.544 16.347 41.415 1.288 41.977 6.517 1978. 126.658 19.129 47.992 1.524 49.409 8.604 1979. 146.071 18.629 56.786 1.753 57.596 11.306 1980. 156.761 19.120 62.941 2.041 60.663 11.995 1981. 173.231 22.641 69.271 2.351 65.854 13.114 1982. 157.153 19.061 66.701 2.528 57.955 10.908 1983. 151.729 18.023 62.824 2.441 56.066 12.374 1984. 183.489 21.326 71.847 2.707 71.810 15.798 1985. 186.061 18.471 75.570 2.690 75.186 14.145 1986. 181.011 13.066 76.677 2.631 74.019 14.618 1987. 187.116 19.432 78.476 2.441 71.246 15.521 1988. 212.225 29.056 80.796 2.444 82.565 17.364 1989. 220.568 30.978 83.906 2.539 85.119 18.026 1990. 221.335 30.293 84.886 2.519 85.614 18.023 1991. 210.021 21.057 85.844 2.507 83.148 17.465 1992. 222.958 23.237 90.032 2.477 88.010 19.201 1993. 238.824 20.949 94.412 2.617 99.558 21.288 1994. 267.187 22.357 103.895 2.893 113.506 24.537 1995. 299.161 29.619 107.815 2.859 131.749 27.119 1996. 318.893 30.098 114.034 3.028 142.367 29.365 1997. 339.220 30.211 122.724 3.043 152.501 30.741 1998. 352.065 38.400 127.574 3.104 152.370 30.617 1999. 347.452 28.747 131.363 3.358 153.627 30.356 2000. 365.520 37.240 137.162 4.058 156.745 30.316 2001. 322.392 25.577 125.895 4.002 140.177 26.741 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: INDUSTRIAL AND COMMERCIAL MACH., COMPUTER EQPT. (SIC 35) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.162 0.409 0.014 0.377 0.037 1952. 0.170 0.410 0.011 0.367 0.042 1953. 0.143 0.427 0.011 0.375 0.045 1954. 0.154 0.441 0.011 0.349 0.046 1955. 0.138 0.429 0.012 0.372 0.048 1956. 0.149 0.421 0.012 0.370 0.049 1957. 0.143 0.429 0.012 0.365 0.051 1958. 0.134 0.434 0.011 0.367 0.054 1959. 0.153 0.425 0.010 0.362 0.050 1960. 0.141 0.453 0.010 0.346 0.049 1961. 0.150 0.449 0.010 0.342 0.048 1962. 0.163 0.451 0.010 0.328 0.048 1963. 0.157 0.446 0.010 0.334 0.054 1964. 0.169 0.433 0.009 0.334 0.055 1965. 0.174 0.421 0.009 0.340 0.056 1966. 0.166 0.412 0.008 0.352 0.062 1967. 0.163 0.422 0.009 0.336 0.071 1968. 0.158 0.429 0.009 0.339 0.065 1969. 0.142 0.435 0.008 0.350 0.065 1970. 0.151 0.432 0.009 0.347 0.062 1971. 0.149 0.426 0.010 0.352 0.063 1972. 0.157 0.414 0.009 0.358 0.061 1973. 0.142 0.413 0.009 0.372 0.064 1974. 0.109 0.409 0.010 0.406 0.065 1975. 0.133 0.397 0.012 0.397 0.061 1976. 0.146 0.395 0.012 0.387 0.060 1977. 0.152 0.385 0.012 0.390 0.061 1978. 0.151 0.379 0.012 0.390 0.068 1979. 0.128 0.389 0.012 0.394 0.077 1980. 0.122 0.402 0.013 0.387 0.077 1981. 0.131 0.400 0.014 0.380 0.076 1982. 0.121 0.424 0.016 0.369 0.069 1983. 0.119 0.414 0.016 0.370 0.082 1984. 0.116 0.392 0.015 0.391 0.086 1985. 0.099 0.406 0.014 0.404 0.076 1986. 0.072 0.424 0.015 0.409 0.081 1987. 0.104 0.419 0.013 0.381 0.083 1988. 0.137 0.381 0.012 0.389 0.082 1989. 0.140 0.380 0.012 0.386 0.082 1990. 0.137 0.384 0.011 0.387 0.081 1991. 0.100 0.409 0.012 0.396 0.083 1992. 0.104 0.404 0.011 0.395 0.086 1993. 0.088 0.395 0.011 0.417 0.089 1994. 0.084 0.389 0.011 0.425 0.092 1995. 0.099 0.360 0.010 0.440 0.091 1996. 0.094 0.358 0.009 0.446 0.092 1997. 0.089 0.362 0.009 0.450 0.091 1998. 0.109 0.362 0.009 0.433 0.087 1999. 0.083 0.378 0.010 0.442 0.087 2000. 0.102 0.375 0.011 0.429 0.083 2001. 0.079 0.391 0.012 0.435 0.083 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: ELECTRICAL AND ELECTRONIC EQUIPMENT (SIC 36) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 8.2 6.7 -0.9 8.4 9.5 14.9 4.5 3.5 1964. 4.9 3.9 -0.2 8.0 0.2 5.3 0.9 4.1 1965. 17.8 10.0 8.8 11.2 10.3 8.5 9.5 7.6 1966. 16.7 15.4 15.1 12.9 13.4 24.4 15.2 1.3 1967. 1.2 13.8 1.0 13.7 -3.0 10.0 2.4 -1.1 1968. 4.1 6.5 0.6 6.6 4.1 5.4 3.0 1.1 1969. 7.8 8.1 1.6 6.6 0.7 10.7 3.0 4.7 1970. -3.6 6.1 -6.4 1.0 -3.0 4.6 -2.9 -0.8 1971. -2.3 2.7 -6.4 -2.4 -3.5 -6.8 -4.4 2.2 1972. 13.6 3.7 5.5 2.9 13.3 9.6 8.0 5.1 1973. 16.5 10.5 8.0 2.5 16.7 15.8 11.8 4.2 1974. -3.8 11.2 -2.0 -6.6 2.4 4.2 1.4 -5.0 1975. -15.2 4.1 -14.3 -5.0 -13.1 -11.3 -11.9 -3.7 1976. 15.3 3.3 4.7 1.3 20.6 11.1 10.7 4.2 1977. 18.3 6.9 6.3 4.0 15.7 4.9 9.6 7.9 1978. 8.9 8.5 6.7 4.7 7.7 11.0 7.6 1.2 1979. 10.3 9.1 5.1 2.3 5.7 33.7 8.5 1.7 1980. -0.4 9.5 -2.0 -2.3 -0.7 -4.3 -0.6 0.2 1981. 3.5 9.0 0.1 0.1 -1.0 3.5 1.1 2.4 1982. -2.5 6.9 -5.8 0.4 2.6 -23.1 -3.5 1.0 1983. 9.4 6.6 3.7 -0.7 2.4 20.8 5.1 4.1 1984. 20.4 10.6 10.8 10.9 18.3 24.3 14.8 4.8 1985. 0.3 9.9 -1.0 0.3 0.8 -35.5 -3.1 3.5 1986. 2.6 5.6 -3.4 3.5 -0.9 5.4 -0.3 2.9 1987. 6.3 6.2 -2.5 12.6 -2.6 5.8 -0.3 6.6 1988. 6.7 3.2 2.0 1.2 5.7 3.8 3.6 3.0 1989. 2.0 2.7 -1.3 2.6 -1.5 -1.5 -0.5 2.4 1990. 1.7 3.1 -4.5 1.4 1.7 -4.2 -0.7 2.4 1991. 1.3 1.6 -5.8 -1.3 3.1 -4.8 -1.2 2.5 1992. 10.4 2.4 -2.3 -1.2 14.8 15.5 5.4 4.7 1993. 9.9 3.5 1.5 6.0 12.0 5.6 5.5 4.2 1994. 16.6 4.9 3.4 2.7 9.8 16.1 6.8 9.2 1995. 20.6 8.2 2.6 5.0 21.9 15.8 10.7 9.0 1996. 15.7 9.1 2.7 -2.6 19.4 5.3 9.2 5.9 1997. 15.4 9.2 1.3 7.7 6.9 11.8 6.1 8.7 1998. 11.8 7.3 0.8 12.1 21.7 0.5 8.0 3.5 1999. 17.2 5.6 -2.6 19.4 7.6 17.5 4.3 12.4 2000. 24.0 6.6 2.1 23.6 28.4 13.7 11.9 10.8 2001. -7.8 6.3 -8.0 -8.1 -18.7 -24.0 -11.7 4.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 7.1 6.4 1.6 4.9 5.4 5.0 3.8 3.1 1949-1973 6.7 6.4 3.6 7.0 4.4 7.1 4.5 2.1 1973-2001 7.4 6.4 -0.2 3.1 6.3 3.2 3.2 4.0 1973-1979 5.0 7.2 0.8 0.0 5.9 8.1 4.0 0.9 1979-1990 4.4 6.6 -0.4 2.6 2.1 -1.9 1.3 3.0 1990-1995 11.6 4.1 -0.2 2.2 12.1 9.3 5.4 5.9 1995-2000 16.7 7.6 0.8 11.7 16.5 9.6 7.9 8.2 2000-2001 -7.8 6.3 -8.0 -8.1 -18.7 -24.0 -11.7 4.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: ELECTRICAL AND ELECTRONIC EQUIPMENT (SIC 36) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 4.9 5.5 41.9 13.8 9.4 9.2 16.8 29.3 1953. 8.5 7.0 67.7 16.7 15.5 15.9 26.6 32.1 1954. 7.5 7.1 58.9 23.3 13.1 14.1 23.4 32.0 1955. 8.2 7.5 62.2 17.3 14.4 15.3 25.0 32.7 1956. 8.6 7.9 66.3 20.5 14.4 16.3 26.0 32.8 1957. 8.3 8.2 66.4 21.3 13.0 16.3 25.3 32.8 1958. 7.7 8.5 61.2 28.2 11.5 15.0 23.4 33.1 1959. 9.0 8.8 69.3 30.3 13.7 15.5 26.4 34.1 1960. 9.3 9.4 71.7 31.3 13.9 16.1 27.3 34.1 1961. 9.3 9.7 72.2 31.1 13.7 15.9 27.4 34.1 1962. 10.6 10.6 77.1 35.1 15.3 18.2 29.9 35.4 1963. 11.4 11.3 76.4 38.0 16.8 21.0 31.2 36.6 1964. 12.0 11.8 76.3 41.0 16.8 22.1 31.5 38.1 1965. 14.1 12.9 83.0 45.6 18.6 23.9 34.5 41.0 1966. 16.5 14.9 95.5 51.5 21.0 29.8 39.7 41.5 1967. 16.7 17.0 96.4 58.6 20.4 32.7 40.6 41.1 1968. 17.4 18.1 97.0 62.5 21.3 34.5 41.9 41.5 1969. 18.7 19.6 98.5 66.6 21.4 38.2 43.1 43.5 1970. 18.1 20.8 92.2 67.3 20.8 40.0 41.9 43.1 1971. 17.6 21.3 86.3 65.7 20.0 37.2 40.0 44.1 1972. 20.0 22.1 91.1 67.5 22.7 40.8 43.2 46.3 1973. 23.3 24.4 98.4 69.3 26.5 47.3 48.3 48.3 1974. 22.5 27.2 96.4 64.7 27.1 49.2 49.0 45.9 1975. 19.1 28.3 82.6 61.4 23.6 43.7 43.1 44.2 1976. 22.0 29.2 86.5 62.2 28.4 48.5 47.7 46.0 1977. 26.0 31.2 91.9 64.7 32.9 50.9 52.3 49.7 1978. 28.3 33.9 98.1 67.8 35.4 56.5 56.3 50.3 1979. 31.2 37.0 103.1 69.3 37.5 75.6 61.1 51.1 1980. 31.1 40.5 101.0 67.7 37.2 72.3 60.7 51.2 1981. 32.2 44.1 101.1 67.8 36.8 74.9 61.4 52.4 1982. 31.4 47.2 95.2 68.0 37.8 57.6 59.2 53.0 1983. 34.3 50.3 98.7 67.5 38.7 69.5 62.3 55.1 1984. 41.3 55.6 109.4 74.9 45.8 86.4 71.5 57.8 1985. 41.5 61.1 108.3 75.1 46.2 55.7 69.3 59.8 1986. 42.6 64.6 104.6 77.7 45.8 58.7 69.1 61.6 1987. 45.2 68.6 102.0 87.5 44.6 62.1 68.9 65.6 1988. 48.3 70.7 104.1 88.5 47.1 64.5 71.4 67.6 1989. 49.2 72.7 102.8 90.8 46.4 63.5 71.1 69.2 1990. 50.0 74.9 98.2 92.1 47.2 60.9 70.6 70.9 1991. 50.7 76.1 92.5 90.8 48.7 57.9 69.7 72.7 1992. 55.9 78.0 90.4 89.8 55.9 66.9 73.5 76.2 1993. 61.5 80.7 91.7 95.2 62.6 70.7 77.5 79.3 1994. 71.7 84.7 94.9 97.8 68.7 82.1 82.8 86.6 1995. 86.4 91.7 97.4 102.6 83.8 95.0 91.6 94.4 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 115.4 109.2 101.3 107.7 106.9 111.8 106.1 108.7 1998. 128.9 117.3 102.1 120.8 130.0 112.4 114.6 112.5 1999. 151.2 123.8 99.4 144.2 139.9 132.1 119.6 126.4 2000. 187.4 131.9 101.5 178.2 179.6 150.1 133.8 140.0 2001. 172.8 140.3 93.4 163.7 146.0 114.1 118.2 146.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: ELECTRICAL AND ELECTRONIC EQUIPMENT (SIC 36) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -1.2 7.8 2.9 2.0 -0.6 2.9 2.3 3.5 1964. -1.3 -9.7 7.0 -5.1 2.1 2.6 2.7 4.1 1965. -1.4 45.2 -0.9 -6.1 2.8 3.1 6.1 7.6 1966. 1.0 3.1 0.6 -4.1 4.2 2.7 2.3 1.3 1967. 2.1 -12.8 4.9 -4.1 2.8 2.8 1.0 -1.1 1968. 1.5 -5.6 6.0 1.6 2.2 2.7 2.6 1.1 1969. 0.3 -9.4 10.6 2.8 5.0 2.7 5.0 4.7 1970. 3.4 -23.5 8.7 4.1 4.8 4.5 2.5 -0.8 1971. 2.8 15.3 4.7 6.3 1.9 4.6 5.1 2.2 1972. 0.5 17.2 4.0 8.9 3.4 4.8 5.6 5.1 1973. 1.5 1.1 8.6 9.0 4.3 4.0 5.8 4.2 1974. 9.9 -41.8 9.8 37.3 15.1 6.4 4.4 -5.0 1975. 12.3 21.4 7.2 20.5 6.3 6.7 8.2 -3.7 1976. 3.8 22.6 9.8 19.2 2.2 7.2 8.1 4.2 1977. 2.4 35.2 9.7 13.0 4.5 8.3 10.5 7.9 1978. 4.3 -3.6 8.5 11.1 4.8 8.2 5.5 1.2 1979. 5.0 -9.7 8.4 12.4 10.1 7.8 6.8 1.7 1980. 8.3 5.5 8.8 20.3 8.6 9.3 8.5 0.2 1981. 5.1 8.7 8.4 17.5 5.7 9.1 7.6 2.4 1982. 3.2 -21.8 14.6 20.5 1.0 7.3 4.2 1.0 1983. 0.6 25.1 1.4 2.3 2.3 6.0 4.7 4.1 1984. 0.7 26.3 1.7 0.5 2.9 5.7 5.6 4.8 1985. -0.9 -4.0 6.9 0.6 0.5 5.0 2.6 3.5 1986. -1.4 -5.7 5.5 -5.2 0.7 1.3 1.5 2.9 1987. -0.9 19.5 2.8 -6.5 3.4 4.7 5.6 6.6 1988. 1.3 19.1 0.0 -2.3 1.9 3.5 4.4 3.0 1989. 0.7 11.7 2.8 -0.9 -1.5 2.0 3.1 2.4 1990. -1.7 -0.7 4.5 1.0 -3.4 4.3 0.7 2.4 1991. -0.9 5.0 5.3 -2.1 -5.4 3.1 1.6 2.5 1992. -2.5 -4.7 13.2 12.3 -5.5 3.7 2.1 4.7 1993. -1.8 14.7 1.8 -1.8 -4.5 -1.7 2.3 4.2 1994. -2.8 23.3 5.1 -1.0 -4.2 -0.8 6.1 9.2 1995. -8.4 1.0 6.5 0.5 -8.1 -1.6 -0.2 9.0 1996. -9.2 -4.0 3.3 6.3 -12.5 -0.6 -3.8 5.9 1997. -6.6 3.8 7.0 3.4 -6.5 -0.4 1.5 8.7 1998. -11.1 -21.6 6.4 -5.1 -12.6 -1.1 -8.0 3.5 1999. -8.5 -7.3 15.7 6.9 -2.5 -1.6 2.8 12.4 2000. -9.3 -31.9 16.1 17.1 5.4 -1.0 0.4 10.8 2001. -9.8 -28.6 -7.5 -1.3 6.4 -1.7 -5.8 4.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 0.2 1.0 5.5 3.8 1.5 3.5 3.3 3.1 1949-1973 1.4 2.0 4.5 0.7 2.9 3.6 3.6 2.1 1973-2001 -0.8 0.1 6.4 6.5 0.3 3.5 3.2 4.0 1973-1979 6.2 0.3 8.9 18.6 7.1 7.5 7.2 0.9 1979-1990 1.3 6.6 5.1 3.9 2.0 5.3 4.4 3.0 1990-1995 -3.3 7.4 6.3 1.4 -5.5 0.5 2.4 5.9 1995-2000 -9.0 -13.2 9.6 5.5 -6.0 -0.9 -1.5 8.2 2000-2001 -9.8 -28.6 -7.5 -1.3 6.4 -1.7 -5.8 4.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: ELECTRICAL AND ELECTRONIC EQUIPMENT (SIC 36) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 55.8 22.1 8.5 17.3 40.7 15.5 16.4 29.3 1953. 63.8 33.9 10.1 18.7 50.2 19.1 20.5 32.1 1954. 64.9 30.4 10.8 17.6 50.1 19.7 20.8 32.0 1955. 64.6 27.8 11.1 18.2 51.4 20.4 21.1 32.7 1956. 68.3 29.1 11.7 17.7 56.0 21.3 22.4 32.8 1957. 72.1 34.7 12.2 17.4 57.6 21.8 23.7 32.8 1958. 73.1 31.6 13.0 16.2 58.3 22.9 24.2 33.1 1959. 75.1 37.8 13.8 16.5 58.9 23.1 25.6 34.1 1960. 74.2 31.2 14.1 17.0 59.3 24.1 25.3 34.1 1961. 73.4 30.4 13.8 17.3 59.0 24.5 25.0 34.1 1962. 71.8 31.1 14.1 18.0 59.1 25.1 25.4 35.4 1963. 71.0 33.5 14.6 18.3 58.8 25.8 26.0 36.6 1964. 70.0 30.2 15.6 17.4 60.0 26.5 26.7 38.1 1965. 69.0 43.9 15.4 16.3 61.6 27.3 28.3 41.0 1966. 69.7 45.3 15.5 15.7 64.3 28.0 29.0 41.5 1967. 71.2 39.5 16.3 15.0 66.0 28.8 29.2 41.1 1968. 72.3 37.3 17.3 15.3 67.5 29.6 30.0 41.5 1969. 72.5 33.8 19.1 15.7 70.8 30.4 31.5 43.5 1970. 74.9 25.8 20.8 16.3 74.2 31.8 32.3 43.1 1971. 77.0 29.8 21.8 17.3 75.7 33.2 33.9 44.1 1972. 77.4 34.9 22.6 18.9 78.3 34.8 35.9 46.3 1973. 78.5 35.3 24.6 20.6 81.7 36.2 37.9 48.3 1974. 86.3 20.5 27.0 28.3 94.0 38.6 39.6 45.9 1975. 96.9 24.9 28.9 34.1 99.9 41.1 42.8 44.2 1976. 100.6 30.6 31.8 40.6 102.0 44.1 46.3 46.0 1977. 103.0 41.3 34.9 45.9 106.6 47.8 51.2 49.7 1978. 107.4 39.8 37.9 51.0 111.7 51.7 54.0 50.3 1979. 112.7 36.0 41.0 57.3 122.9 55.8 57.6 51.1 1980. 122.1 38.0 44.6 69.0 133.5 61.0 62.5 51.2 1981. 128.4 41.3 48.4 81.1 141.1 66.5 67.3 52.4 1982. 132.5 32.3 55.4 97.7 142.5 71.4 70.2 53.0 1983. 133.2 40.4 56.2 99.9 145.8 75.7 73.4 55.1 1984. 134.2 51.0 57.2 100.4 150.0 80.0 77.5 57.8 1985. 133.0 49.0 61.1 101.0 150.7 84.0 79.6 59.8 1986. 131.2 46.2 64.4 95.8 151.7 85.0 80.8 61.6 1987. 130.0 55.2 66.2 89.6 156.8 89.0 85.3 65.6 1988. 131.7 65.7 66.2 87.6 159.8 92.1 89.0 67.6 1989. 132.6 73.4 68.1 86.8 157.5 94.0 91.8 69.2 1990. 130.4 72.9 71.2 87.6 152.1 98.1 92.5 70.9 1991. 129.1 76.5 74.9 85.8 143.9 101.1 93.9 72.7 1992. 125.9 72.9 84.9 96.3 136.0 104.8 95.9 76.2 1993. 123.6 83.7 86.4 94.6 129.9 103.1 98.1 79.3 1994. 120.2 103.2 90.8 93.6 124.5 102.3 104.1 86.6 1995. 110.1 104.2 96.8 94.1 114.3 100.6 103.9 94.4 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 93.4 103.8 107.0 103.4 93.5 99.6 101.5 108.7 1998. 83.0 81.3 113.8 98.1 81.8 98.6 93.4 112.5 1999. 76.0 75.4 131.6 104.9 79.7 97.0 96.0 126.4 2000. 68.9 51.3 152.8 122.8 84.0 96.0 96.4 140.0 2001. 62.1 36.7 141.3 121.1 89.4 94.3 90.8 146.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: ELECTRICAL AND ELECTRONIC EQUIPMENT (SIC 36) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 1.4 9.1 -0.1 -1.2 -5.8 3.5 1964. 1.1 5.1 -2.8 4.8 -0.3 4.1 1965. 7.0 8.3 5.9 6.8 8.6 7.6 1966. 1.1 1.4 3.4 2.9 -6.2 1.3 1967. -11.1 0.2 -11.0 4.4 -7.9 -1.1 1968. -2.2 3.6 -2.3 0.0 -1.2 1.1 1969. -0.3 6.1 1.1 7.1 -2.7 4.7 1970. -9.2 2.9 -4.6 -0.7 -7.9 -0.8 1971. -4.9 4.4 0.1 1.2 4.8 2.2 1972. 9.5 7.6 10.4 0.3 3.6 5.1 1973. 5.5 7.9 13.6 -0.2 0.7 4.2 1974. -13.4 -1.7 3.0 -6.0 -7.6 -5.0 1975. -18.5 -1.0 -10.7 -2.3 -4.3 -3.7 1976. 11.7 10.2 13.9 -4.4 3.8 4.2 1977. 10.6 11.3 13.7 2.2 12.7 7.9 1978. 0.4 2.1 4.0 1.1 -1.9 1.2 1979. 1.1 4.9 7.8 4.4 -17.5 1.7 1980. -9.0 1.7 1.9 0.3 4.1 0.2 1981. -5.0 3.4 3.4 4.5 0.0 2.4 1982. -8.8 3.5 -2.9 -5.0 26.7 1.0 1983. 2.7 5.5 10.2 6.9 -9.4 4.1 1984. 8.9 8.7 8.5 1.8 -3.1 4.8 1985. -8.7 1.3 0.1 -0.5 55.6 3.5 1986. -2.9 6.1 -0.9 3.5 -2.7 2.9 1987. 0.1 9.1 -5.6 9.2 0.5 6.6 1988. 3.4 4.6 5.5 1.0 2.8 3.0 1989. -0.7 3.3 -0.6 3.5 3.5 2.4 1990. -1.4 6.4 0.3 -0.1 6.1 2.4 1991. -0.3 7.5 2.6 -1.8 6.4 2.5 1992. 7.7 12.9 11.7 -3.8 -4.4 4.7 1993. 6.2 8.3 3.7 -1.9 4.1 4.2 1994. 11.1 12.7 13.5 6.2 0.4 9.2 1995. 11.4 17.5 14.9 -1.1 4.1 9.0 1996. 6.0 12.6 18.7 -3.1 9.9 5.9 1997. 5.6 13.9 7.1 7.9 3.1 8.7 1998. 4.1 10.9 -0.3 -8.1 11.2 3.5 1999. 11.1 20.4 -1.8 9.0 -0.3 12.4 2000. 16.3 21.4 0.3 -3.4 9.1 10.8 2001. -13.2 0.3 0.4 13.4 21.4 4.4 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 0.6 5.4 2.1 1.6 2.0 3.1 1949-1973 0.2 3.0 -0.2 2.2 -0.4 2.1 1973-2001 0.9 7.6 4.2 1.1 4.1 4.0 1973-1979 -2.0 4.2 5.0 -0.9 -2.9 0.9 1979-1990 -2.1 4.8 1.7 2.2 6.5 3.0 1990-1995 7.1 11.7 9.2 -0.5 2.0 5.9 1995-2000 8.5 15.8 4.5 0.2 6.5 8.2 2000-2001 -13.2 0.3 0.4 13.4 21.4 4.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: ELECTRICAL AND ELECTRONIC EQUIPMENT (SIC 36) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 99.5 13.7 30.1 68.9 57.9 35.4 1963. 101.0 15.0 30.1 68.1 54.6 36.6 1964. 102.0 15.7 29.2 71.3 54.4 38.1 1965. 109.2 17.0 31.0 76.2 59.0 41.0 1966. 110.4 17.3 32.0 78.4 55.4 41.5 1967. 98.2 17.3 28.5 81.8 51.0 41.1 1968. 96.0 17.9 27.8 81.8 50.4 41.5 1969. 95.8 19.0 28.1 87.6 49.1 43.5 1970. 87.0 19.6 26.8 87.0 45.2 43.1 1971. 82.7 20.4 26.9 88.0 47.4 44.1 1972. 90.6 22.0 29.7 88.2 49.1 46.3 1973. 95.5 23.7 33.7 88.1 49.4 48.3 1974. 82.7 23.3 34.7 82.8 45.6 45.9 1975. 67.4 23.1 31.0 80.8 43.6 44.2 1976. 75.2 25.4 35.3 77.3 45.3 46.0 1977. 83.2 28.3 40.2 79.0 51.1 49.7 1978. 83.6 28.9 41.8 79.9 50.1 50.3 1979. 84.4 30.3 45.1 83.4 41.3 51.1 1980. 76.8 30.8 45.9 83.6 43.0 51.2 1981. 73.0 31.8 47.5 87.4 43.0 52.4 1982. 66.5 33.0 46.2 83.0 54.5 53.0 1983. 68.3 34.8 50.9 88.7 49.4 55.1 1984. 74.4 37.8 55.2 90.3 47.8 57.8 1985. 67.9 38.3 55.2 89.8 74.4 59.8 1986. 65.9 40.7 54.7 93.0 72.4 61.6 1987. 66.0 44.4 51.7 101.5 72.8 65.6 1988. 68.3 46.4 54.5 102.5 74.9 67.6 1989. 67.8 47.9 54.2 106.1 77.5 69.2 1990. 66.8 51.0 54.4 106.0 82.2 70.9 1991. 66.6 54.8 55.8 104.1 87.5 72.7 1992. 71.8 61.9 62.3 100.1 83.6 76.2 1993. 76.2 67.0 64.6 98.2 87.0 79.3 1994. 84.6 75.6 73.3 104.3 87.4 86.6 1995. 94.3 88.8 84.2 103.2 91.0 94.4 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 105.6 113.9 107.1 107.9 103.1 108.7 1998. 110.0 126.3 106.8 99.2 114.7 112.5 1999. 122.1 152.1 104.8 108.1 114.4 126.4 2000. 142.0 184.6 105.2 104.4 124.8 140.0 2001. 123.2 185.0 105.5 118.3 151.5 146.2 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: ELECTRICAL AND ELECTRONIC EQUIPMENT (SIC 36) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 7.020 0.858 3.014 0.062 2.729 0.357 1953. 13.881 1.696 5.772 0.082 5.570 0.762 1954. 12.420 1.533 5.366 0.107 4.717 0.698 1955. 13.470 1.479 5.843 0.082 5.287 0.780 1956. 14.877 1.637 6.512 0.095 5.766 0.868 1957. 15.239 2.033 6.843 0.097 5.375 0.891 1958. 14.426 1.918 6.707 0.120 4.823 0.859 1959. 17.245 2.377 8.081 0.130 5.759 0.898 1960. 17.596 2.086 8.501 0.139 5.902 0.967 1961. 17.434 2.111 8.406 0.141 5.800 0.976 1962. 19.345 2.354 9.191 0.165 6.491 1.144 1963. 20.685 2.706 9.372 0.182 7.071 1.353 1964. 21.424 2.537 10.009 0.187 7.230 1.462 1965. 24.870 4.054 10.790 0.195 8.196 1.636 1966. 29.304 4.820 12.498 0.211 9.686 2.089 1967. 30.283 4.787 13.247 0.230 9.659 2.360 1968. 32.016 4.812 14.124 0.249 10.278 2.554 1969. 34.618 4.714 15.864 0.273 10.863 2.905 1970. 34.478 3.827 16.145 0.287 11.044 3.176 1971. 34.618 4.530 15.824 0.298 10.868 3.098 1972. 39.497 5.504 17.369 0.333 12.732 3.559 1973. 46.697 6.149 20.382 0.373 15.511 4.282 1974. 49.405 3.980 21.924 0.478 18.273 4.750 1975. 47.078 5.029 20.141 0.547 16.866 4.495 1976. 56.335 6.368 23.160 0.661 20.789 5.357 1977. 68.224 9.210 27.014 0.777 25.133 6.090 1978. 77.490 9.631 31.283 0.903 28.355 7.318 1979. 89.728 9.491 35.665 1.038 32.985 10.549 1980. 96.781 10.964 37.996 1.221 35.568 11.033 1981. 105.322 12.986 41.207 1.435 37.234 12.461 1982. 105.952 10.858 44.478 1.736 38.600 10.281 1983. 116.605 14.476 46.765 1.762 40.437 13.165 1984. 141.384 20.215 52.695 1.964 49.211 17.298 1985. 140.629 21.344 55.743 1.982 49.853 11.707 1986. 142.275 21.255 56.824 1.946 49.751 12.498 1987. 149.887 26.979 56.933 2.049 50.090 13.835 1988. 162.091 33.148 58.093 2.025 53.965 14.859 1989. 166.342 38.028 58.951 2.059 52.365 14.939 1990. 166.288 38.916 58.874 2.108 51.457 14.933 1991. 166.834 41.533 58.407 2.036 50.196 14.661 1992. 179.480 40.552 64.647 2.260 54.471 17.550 1993. 193.767 48.171 66.765 2.352 58.251 18.228 1994. 219.593 62.330 72.601 2.392 61.281 20.990 1995. 242.552 68.105 79.391 2.522 68.619 23.914 1996. 254.853 71.318 84.263 2.613 71.641 25.018 1997. 274.497 80.836 91.274 2.910 71.599 27.879 1998. 272.819 67.982 97.865 3.096 76.163 27.714 1999. 292.598 66.518 110.200 3.952 79.873 32.055 2000. 328.860 48.295 130.710 5.716 108.087 36.052 2001. 273.550 36.677 111.240 5.183 93.525 26.925 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: ELECTRICAL AND ELECTRONIC EQUIPMENT (SIC 36) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.122 0.429 0.009 0.389 0.051 1952. 0.144 0.415 0.006 0.382 0.053 1953. 0.122 0.416 0.006 0.401 0.055 1954. 0.123 0.432 0.009 0.380 0.056 1955. 0.110 0.434 0.006 0.392 0.058 1956. 0.110 0.438 0.006 0.388 0.058 1957. 0.133 0.449 0.006 0.353 0.058 1958. 0.133 0.465 0.008 0.334 0.060 1959. 0.138 0.469 0.008 0.334 0.052 1960. 0.119 0.483 0.008 0.335 0.055 1961. 0.121 0.482 0.008 0.333 0.056 1962. 0.122 0.475 0.009 0.336 0.059 1963. 0.131 0.453 0.009 0.342 0.065 1964. 0.118 0.467 0.009 0.337 0.068 1965. 0.163 0.434 0.008 0.330 0.066 1966. 0.164 0.427 0.007 0.331 0.071 1967. 0.158 0.437 0.008 0.319 0.078 1968. 0.150 0.441 0.008 0.321 0.080 1969. 0.136 0.458 0.008 0.314 0.084 1970. 0.111 0.468 0.008 0.320 0.092 1971. 0.131 0.457 0.009 0.314 0.089 1972. 0.139 0.440 0.008 0.322 0.090 1973. 0.132 0.436 0.008 0.332 0.092 1974. 0.081 0.444 0.010 0.370 0.096 1975. 0.107 0.428 0.012 0.358 0.095 1976. 0.113 0.411 0.012 0.369 0.095 1977. 0.135 0.396 0.011 0.368 0.089 1978. 0.124 0.404 0.012 0.366 0.094 1979. 0.106 0.397 0.012 0.368 0.118 1980. 0.113 0.393 0.013 0.368 0.114 1981. 0.123 0.391 0.014 0.354 0.118 1982. 0.102 0.420 0.016 0.364 0.097 1983. 0.124 0.401 0.015 0.347 0.113 1984. 0.143 0.373 0.014 0.348 0.122 1985. 0.152 0.396 0.014 0.355 0.083 1986. 0.149 0.399 0.014 0.350 0.088 1987. 0.180 0.380 0.014 0.334 0.092 1988. 0.205 0.358 0.012 0.333 0.092 1989. 0.229 0.354 0.012 0.315 0.090 1990. 0.234 0.354 0.013 0.309 0.090 1991. 0.249 0.350 0.012 0.301 0.088 1992. 0.226 0.360 0.013 0.303 0.098 1993. 0.249 0.345 0.012 0.301 0.094 1994. 0.284 0.331 0.011 0.279 0.096 1995. 0.281 0.327 0.010 0.283 0.099 1996. 0.280 0.331 0.010 0.281 0.098 1997. 0.294 0.333 0.011 0.261 0.102 1998. 0.249 0.359 0.011 0.279 0.102 1999. 0.227 0.377 0.014 0.273 0.110 2000. 0.147 0.397 0.017 0.329 0.110 2001. 0.134 0.407 0.019 0.342 0.098 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: TRANSPORTATION EQUIPMENT (SIC 37) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 7.7 4.7 4.1 1.4 2.5 10.3 3.8 3.8 1964. 3.5 4.0 -0.3 10.4 2.3 0.4 1.6 1.9 1965. 16.8 6.2 8.7 10.5 20.0 10.4 12.9 3.5 1966. 7.6 8.6 9.0 3.0 6.5 19.5 8.2 -0.6 1967. -0.3 13.0 -0.8 9.2 -2.5 26.4 1.8 -2.1 1968. 12.9 5.4 4.6 22.1 12.2 -6.3 7.3 5.2 1969. -0.2 4.2 -3.2 -0.4 2.1 1.0 0.3 -0.5 1970. -16.7 2.2 -16.2 -8.3 -12.8 -18.0 -13.0 -4.2 1971. 15.6 -0.5 -3.8 0.9 20.3 7.4 7.9 7.1 1972. 5.9 1.5 4.9 7.6 10.2 0.3 6.7 -0.7 1973. 13.4 3.6 7.2 3.7 14.7 16.5 10.8 2.3 1974. -11.4 3.2 -7.2 -12.6 -12.6 -1.9 -9.2 -2.5 1975. -7.6 2.6 -8.7 -4.7 -8.8 -3.9 -7.9 0.3 1976. 14.7 1.2 7.3 11.3 15.7 -0.3 10.7 3.6 1977. 9.4 2.2 5.8 3.2 11.2 12.3 8.5 0.8 1978. 6.2 3.5 6.3 2.6 7.9 30.5 8.1 -1.7 1979. -1.7 5.9 1.6 -1.5 -1.2 27.9 1.9 -3.6 1980. -16.4 5.2 -9.7 -9.0 -13.1 -13.5 -11.6 -5.3 1981. -4.1 4.6 0.0 -1.9 -7.0 -6.2 -4.1 0.0 1982. -7.1 -7.6 -9.0 -5.1 -12.2 -16.1 -11.0 4.4 1983. 16.1 -1.7 4.9 5.2 18.1 32.2 12.3 3.4 1984. 16.2 3.3 10.0 7.5 15.1 5.9 11.3 4.4 1985. 3.4 5.7 4.5 1.4 7.1 -9.7 4.8 -1.3 1986. 4.0 4.9 -0.2 3.0 5.1 16.7 4.0 0.0 1987. 2.0 3.5 -0.7 29.1 -0.4 7.0 0.7 1.3 1988. 5.8 3.0 4.8 -3.5 7.7 13.9 6.7 -0.8 1989. 0.1 1.8 0.2 -2.2 3.2 11.6 2.8 -2.6 1990. -1.9 1.5 -4.1 0.5 0.9 0.4 -0.9 -1.1 1991. -6.2 0.9 -6.0 -3.2 -6.3 0.3 -5.2 -1.0 1992. 6.8 0.0 -2.4 3.6 12.9 11.7 6.7 0.1 1993. 4.5 0.2 -1.2 5.5 5.3 -1.2 2.2 2.3 1994. 7.3 0.5 2.0 0.4 9.6 4.6 5.9 1.4 1995. 1.2 1.0 1.0 3.2 3.0 -2.8 1.6 -0.4 1996. 1.7 2.6 -0.3 -4.7 6.4 -2.4 3.2 -1.4 1997. 11.1 3.8 4.3 3.9 11.6 7.6 8.4 2.5 1998. 8.1 5.1 0.4 8.3 7.6 0.9 4.8 3.2 1999. 9.2 4.5 1.3 8.6 9.8 9.2 6.9 2.1 2000. -5.9 1.5 -2.9 -6.7 -8.3 -12.3 -6.3 0.3 2001. -5.6 -0.5 -6.8 -4.9 -7.3 -9.7 -6.5 1.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.4 3.6 0.8 3.5 3.3 4.6 2.5 0.8 1949-1973 5.2 5.2 2.1 6.4 4.3 6.2 3.6 1.5 1973-2001 1.8 2.2 -0.3 1.1 2.5 3.3 1.5 0.3 1973-1979 1.1 3.1 0.7 -0.6 1.5 9.9 1.7 -0.5 1979-1990 1.2 2.1 -0.1 1.9 1.8 2.9 1.1 0.2 1990-1995 2.6 0.5 -1.4 1.9 4.7 2.4 2.1 0.5 1995-2000 4.7 3.5 0.5 1.7 5.2 0.3 3.3 1.3 2000-2001 -5.6 -0.5 -6.8 -4.9 -7.3 -9.7 -6.5 1.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TRANSPORTATION EQUIPMENT (SIC 37) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 21.0 18.7 64.0 18.3 20.4 8.9 29.7 70.6 1953. 41.0 31.3 112.1 26.1 38.1 19.2 53.7 76.5 1954. 36.1 31.4 97.5 30.1 31.8 16.8 46.6 77.4 1955. 41.3 33.2 105.1 34.5 35.3 19.3 51.0 81.0 1956. 35.5 35.7 103.1 34.9 30.3 17.6 47.2 75.2 1957. 37.8 36.9 105.0 36.3 32.3 19.4 49.5 76.4 1958. 29.9 35.8 87.8 36.4 24.1 15.2 39.8 75.2 1959. 34.1 36.4 93.2 38.5 27.5 17.2 43.5 78.4 1960. 35.6 36.8 90.7 40.6 28.5 18.2 43.9 80.9 1961. 33.4 36.6 85.2 39.9 25.9 17.2 41.0 81.4 1962. 38.7 37.7 93.3 46.2 28.4 20.9 44.8 86.5 1963. 41.7 39.5 97.1 46.8 29.1 23.1 46.5 89.7 1964. 43.2 41.1 96.8 51.7 29.8 23.2 47.2 91.4 1965. 50.4 43.6 105.3 57.1 35.8 25.6 53.3 94.5 1966. 54.2 47.4 114.7 58.8 38.1 30.6 57.7 94.0 1967. 54.1 53.5 113.8 64.2 37.1 38.7 58.7 92.1 1968. 61.1 56.5 119.1 78.4 41.7 36.2 63.1 96.8 1969. 60.9 58.8 115.2 78.1 42.6 36.6 63.3 96.3 1970. 50.8 60.1 96.5 71.7 37.1 30.0 55.0 92.3 1971. 58.7 59.8 92.8 72.3 44.6 32.2 59.4 98.8 1972. 62.1 60.7 97.3 77.9 49.2 32.3 63.4 98.1 1973. 70.5 62.9 104.4 80.8 56.4 37.7 70.2 100.4 1974. 62.4 64.9 96.9 70.6 49.3 36.9 63.8 97.9 1975. 57.7 66.6 88.5 67.3 44.9 35.5 58.7 98.1 1976. 66.1 67.3 94.9 75.0 52.0 35.4 65.1 101.7 1977. 72.3 68.8 100.4 77.3 57.8 39.8 70.6 102.5 1978. 76.8 71.2 106.8 79.3 62.4 51.9 76.3 100.7 1979. 75.5 75.4 108.5 78.1 61.6 66.4 77.7 97.1 1980. 63.1 79.3 98.0 71.1 53.5 57.4 68.7 91.9 1981. 60.5 83.0 98.0 69.7 49.8 53.9 65.8 91.9 1982. 56.2 76.6 89.2 66.2 43.7 45.2 58.6 96.0 1983. 65.3 75.3 93.6 69.6 51.6 59.8 65.8 99.3 1984. 75.8 77.8 103.0 74.8 59.5 63.2 73.2 103.6 1985. 78.4 82.2 107.7 75.8 63.7 57.1 76.7 102.3 1986. 81.6 86.2 107.5 78.1 66.9 66.7 79.7 102.3 1987. 83.2 89.3 106.7 100.8 66.6 71.3 80.3 103.7 1988. 88.0 92.0 111.9 97.3 71.8 81.3 85.6 102.8 1989. 88.1 93.6 112.1 95.2 74.1 90.7 88.0 100.1 1990. 86.4 95.0 107.5 95.7 74.7 91.1 87.2 99.1 1991. 81.1 95.9 101.0 92.6 70.0 91.3 82.7 98.0 1992. 86.6 95.9 98.6 95.9 79.1 102.0 88.2 98.1 1993. 90.5 96.1 97.4 101.2 83.2 100.8 90.1 100.4 1994. 97.2 96.6 99.4 101.7 91.2 105.5 95.4 101.8 1995. 98.3 97.5 100.3 104.9 94.0 102.5 96.9 101.4 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 111.1 103.8 104.3 103.9 111.6 107.6 108.4 102.5 1998. 120.2 109.1 104.7 112.6 120.1 108.5 113.6 105.8 1999. 131.2 114.0 106.1 122.3 131.8 118.5 121.5 108.1 2000. 123.4 115.7 103.0 114.1 120.9 103.9 113.9 108.4 2001. 116.5 115.2 96.0 108.5 112.1 93.9 106.4 109.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TRANSPORTATION EQUIPMENT (SIC 37) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. -0.6 14.0 2.0 -5.3 0.2 0.6 3.1 3.8 1964. 0.9 -0.3 4.6 -3.3 2.7 1.9 2.7 1.9 1965. 0.7 13.5 2.2 -3.8 2.4 2.7 4.2 3.5 1966. 1.6 -12.7 6.2 0.7 2.8 2.2 1.0 -0.6 1967. 2.3 -21.3 7.4 0.8 2.5 3.1 0.2 -2.1 1968. 0.7 15.2 4.3 -7.3 4.9 3.9 6.0 5.2 1969. 2.7 -20.5 9.8 2.7 3.6 4.2 2.2 -0.5 1970. 3.6 -41.5 6.7 10.0 3.9 6.1 -0.8 -4.2 1971. 5.8 94.3 10.1 10.1 3.3 5.3 13.3 7.1 1972. 5.3 3.9 6.9 7.5 2.9 5.8 4.5 -0.7 1973. 2.2 -8.6 9.2 11.9 4.6 4.9 4.6 2.3 1974. 9.2 -62.3 12.9 45.6 16.4 7.9 6.5 -2.5 1975. 13.7 58.2 8.6 26.4 14.5 8.5 14.0 0.3 1976. 7.0 70.3 9.9 9.0 5.0 8.1 10.8 3.6 1977. 7.4 16.4 9.8 11.1 5.8 8.3 8.2 0.8 1978. 7.1 -7.2 7.0 10.1 5.9 7.9 5.2 -1.7 1979. 9.1 -48.3 11.6 14.1 8.7 7.4 5.2 -3.6 1980. 12.8 -88.6 14.4 23.9 8.4 8.9 6.8 -5.3 1981. 11.0 65.0 7.8 14.8 13.2 8.7 11.0 0.0 1982. 7.9 822.7 6.9 8.9 4.9 7.0 12.6 4.4 1983. 3.0 71.9 1.9 5.7 1.6 6.2 6.6 3.4 1984. 2.9 51.6 3.0 -2.0 2.6 5.6 7.4 4.4 1985. 1.2 -28.9 7.4 2.5 1.7 4.7 -0.1 -1.3 1986. 1.5 -3.0 5.2 -6.3 0.0 0.9 1.5 0.0 1987. 1.7 15.3 1.6 -6.4 1.6 5.1 3.0 1.3 1988. 1.7 -19.9 2.7 -7.6 3.7 4.3 0.9 -0.8 1989. 3.2 -31.9 4.4 4.7 2.4 2.7 0.5 -2.6 1990. 2.4 -20.8 4.3 -1.3 1.1 4.7 1.3 -1.1 1991. 3.4 12.0 5.3 -0.1 -0.6 3.4 2.4 -1.0 1992. 3.0 26.5 6.1 -1.0 -1.0 3.8 3.1 0.1 1993. 2.4 52.5 3.1 -4.7 1.2 3.0 4.8 2.3 1994. 2.3 18.3 3.6 -3.7 1.9 3.1 3.8 1.4 1995. 1.4 -8.8 1.9 -3.8 1.9 2.7 1.0 -0.4 1996. 1.0 23.0 -7.3 7.9 -0.9 3.3 -0.4 -1.4 1997. -0.2 11.6 2.5 5.2 0.3 3.6 2.3 2.5 1998. -0.6 10.6 6.3 -9.2 -0.5 2.9 2.6 3.2 1999. 0.7 16.7 2.9 3.4 0.1 2.7 2.8 2.1 2000. 0.7 -5.2 1.0 14.3 1.9 3.5 1.1 0.3 2001. 0.2 1.6 1.9 2.7 0.6 2.7 1.2 1.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.3 2.7 5.6 3.2 3.3 4.3 4.1 0.8 1949-1973 2.3 0.5 6.2 0.8 3.0 3.5 3.8 1.5 1973-2001 4.1 4.6 5.2 5.3 3.5 5.0 4.4 0.3 1973-1979 8.9 -9.0 9.9 18.7 9.3 8.0 8.3 -0.5 1979-1990 4.4 4.0 5.4 3.0 3.7 5.3 4.6 0.2 1990-1995 2.5 18.5 4.0 -2.7 0.7 3.2 3.0 0.5 1995-2000 0.3 10.9 1.0 4.0 0.2 3.2 1.7 1.3 2000-2001 0.2 1.6 1.9 2.7 0.6 2.7 1.2 1.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TRANSPORTATION EQUIPMENT (SIC 37) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 18.9 35.6 6.6 22.8 19.0 12.8 13.3 70.6 1953. 21.1 33.2 9.4 25.6 22.3 15.8 16.2 76.5 1954. 21.3 31.3 10.0 24.3 22.7 16.3 16.5 77.4 1955. 22.0 44.5 10.1 22.5 23.8 16.8 17.8 81.0 1956. 23.4 26.4 11.0 23.8 25.1 17.6 17.6 75.2 1957. 24.5 32.5 11.6 24.4 26.2 18.1 18.8 76.4 1958. 25.1 20.1 13.1 24.3 26.7 19.1 18.9 75.2 1959. 25.7 33.7 13.2 23.4 27.0 19.1 20.2 78.4 1960. 25.4 33.9 13.7 22.9 27.3 19.4 20.6 80.9 1961. 25.4 33.2 14.0 23.0 27.3 19.5 20.7 81.4 1962. 25.5 45.5 14.5 22.2 27.6 19.7 22.1 86.5 1963. 25.4 51.8 14.8 21.1 27.7 19.8 22.8 89.7 1964. 25.6 51.6 15.5 20.4 28.5 20.2 23.4 91.4 1965. 25.8 58.6 15.8 19.6 29.1 20.7 24.4 94.5 1966. 26.2 51.1 16.8 19.7 30.0 21.2 24.6 94.0 1967. 26.8 40.2 18.0 19.9 30.7 21.9 24.7 92.1 1968. 27.0 46.3 18.8 18.4 32.2 22.7 26.1 96.8 1969. 27.7 36.9 20.6 18.9 33.4 23.7 26.7 96.3 1970. 28.7 21.6 22.0 20.8 34.7 25.1 26.5 92.3 1971. 30.4 41.9 24.2 22.9 35.8 26.4 30.0 98.8 1972. 32.0 43.5 25.9 24.6 36.9 28.0 31.4 98.1 1973. 32.7 39.8 28.3 27.5 38.6 29.3 32.8 100.4 1974. 35.7 15.0 31.9 40.1 44.9 31.7 34.9 97.9 1975. 40.6 23.7 34.7 50.7 51.4 34.4 39.8 98.1 1976. 43.4 40.4 38.1 55.2 53.9 37.2 44.1 101.7 1977. 46.6 47.0 41.8 61.4 57.1 40.2 47.8 102.5 1978. 49.9 43.6 44.7 67.6 60.4 43.4 50.2 100.7 1979. 54.4 22.5 49.9 77.1 65.6 46.6 52.9 97.1 1980. 61.4 2.6 57.2 95.6 71.1 50.8 56.4 91.9 1981. 68.1 4.2 61.6 109.7 80.5 55.2 62.6 91.9 1982. 73.5 38.9 65.9 119.5 84.4 59.1 70.5 96.0 1983. 75.7 67.0 67.1 126.3 85.8 62.8 75.2 99.3 1984. 77.9 101.5 69.1 123.7 88.0 66.3 80.8 103.6 1985. 78.8 72.1 74.2 126.9 89.5 69.4 80.6 102.3 1986. 80.0 70.0 78.0 118.9 89.5 70.1 81.8 102.3 1987. 81.3 80.7 79.3 111.2 90.9 73.7 84.3 103.7 1988. 82.7 64.6 81.4 102.8 94.3 76.9 85.1 102.8 1989. 85.3 44.0 85.0 107.6 96.5 78.9 85.5 100.1 1990. 87.4 34.8 88.7 106.2 97.5 82.7 86.6 99.1 1991. 90.4 39.0 93.4 106.1 97.0 85.5 88.7 98.0 1992. 93.2 49.4 99.1 105.0 96.0 88.7 91.4 98.1 1993. 95.4 75.3 102.2 100.1 97.2 91.4 95.8 100.4 1994. 97.6 89.1 105.9 96.3 99.0 94.2 99.4 101.8 1995. 99.0 81.3 107.9 92.6 100.9 96.8 100.4 101.4 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 99.8 111.6 102.5 105.2 100.3 103.6 102.3 102.5 1998. 99.2 123.4 109.0 95.5 99.7 106.5 104.9 105.8 1999. 99.8 144.0 112.1 98.8 99.8 109.4 107.9 108.1 2000. 100.6 136.6 113.3 112.9 101.7 113.3 109.0 108.4 2001. 100.8 138.7 115.4 116.0 102.3 116.3 110.4 109.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TRANSPORTATION EQUIPMENT (SIC 37) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 2.9 3.4 6.2 5.1 -2.4 3.8 1964. -0.4 3.8 -6.2 1.1 3.1 1.9 1965. 9.9 7.4 5.7 -2.7 5.8 3.5 1966. -0.9 -1.3 4.5 1.1 -10.0 -0.6 1967. -11.8 0.5 -8.7 2.2 -21.1 -2.1 1968. 7.1 7.9 -7.5 0.7 20.5 5.2 1969. -4.2 3.1 0.2 -2.3 -1.2 -0.5 1970. -18.5 -0.6 -9.2 -4.4 1.6 -4.2 1971. 16.1 20.2 14.5 -3.9 7.6 7.1 1972. 4.4 1.0 -1.6 -3.9 5.6 -0.7 1973. 9.5 5.8 9.3 -1.1 -2.6 2.3 1974. -14.2 -4.6 1.3 1.4 -9.7 -2.5 1975. -9.9 1.1 -3.1 1.2 -3.9 0.3 1976. 13.4 7.0 3.1 -0.9 15.0 3.6 1977. 7.0 3.3 6.0 -1.6 -2.6 0.8 1978. 2.6 -0.1 3.5 -1.6 -18.6 -1.7 1979. -7.3 -3.3 -0.2 -0.5 -23.2 -3.6 1980. -20.5 -7.3 -8.1 -3.7 -3.3 -5.3 1981. -8.3 -4.2 -2.2 3.1 2.2 0.0 1982. 0.6 2.1 -2.1 5.8 10.7 4.4 1983. 18.1 10.6 10.4 -1.7 -12.2 3.4 1984. 12.5 5.6 8.0 0.9 9.7 4.4 1985. -2.1 -1.1 2.0 -3.4 14.6 -1.3 1986. -0.9 4.2 1.0 -1.1 -10.9 0.0 1987. -1.5 2.7 -21.0 2.5 -4.7 1.3 1988. 2.7 1.0 9.6 -1.7 -7.1 -0.8 1989. -1.7 -0.1 2.3 -3.0 -10.3 -2.6 1990. -3.4 2.3 -2.4 -2.8 -2.3 -1.1 1991. -7.0 -0.2 -3.1 0.1 -6.4 -1.0 1992. 6.8 9.4 3.1 -5.4 -4.4 0.1 1993. 4.4 5.8 -0.9 -0.7 5.8 2.3 1994. 6.8 5.3 6.9 -2.0 2.6 1.4 1995. 0.2 0.2 -2.0 -1.8 4.1 -0.4 1996. -0.8 2.0 6.7 -4.4 4.3 -1.4 1997. 7.1 6.6 6.9 -0.4 3.3 2.5 1998. 2.8 7.6 -0.2 0.5 7.2 3.2 1999. 4.6 7.8 0.6 -0.5 0.1 2.1 2000. -7.4 -3.2 0.8 2.6 7.2 0.3 2001. -5.2 1.3 -0.7 1.8 4.5 1.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.2 2.5 -0.1 0.0 -1.2 0.8 1949-1973 0.0 3.1 -1.1 0.8 -1.0 1.5 1973-2001 -0.4 2.1 0.7 -0.7 -1.5 0.3 1973-1979 -1.9 0.5 1.7 -0.3 -8.0 -0.5 1979-1990 -0.9 1.3 -0.6 -0.5 -1.6 0.2 1990-1995 2.1 4.0 0.7 -2.0 0.2 0.5 1995-2000 1.1 4.1 2.9 -0.5 4.4 1.3 2000-2001 -5.2 1.3 -0.7 1.8 4.5 1.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TRANSPORTATION EQUIPMENT (SIC 37) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 102.6 41.5 83.8 136.3 184.9 86.5 1963. 105.5 42.9 89.0 143.2 180.4 89.7 1964. 105.1 44.6 83.5 144.8 186.0 91.4 1965. 115.5 47.9 88.2 141.0 196.8 94.5 1966. 114.5 47.3 92.2 142.5 177.2 94.0 1967. 101.0 47.5 84.2 145.6 139.8 92.1 1968. 108.2 51.3 77.8 146.6 168.5 96.8 1969. 103.6 52.9 78.0 143.2 166.4 96.3 1970. 84.5 52.6 70.8 136.9 169.1 92.3 1971. 98.1 63.2 81.1 131.5 182.0 98.8 1972. 102.4 63.9 79.8 126.4 192.1 98.1 1973. 112.1 67.5 87.3 125.0 187.1 100.4 1974. 96.2 64.4 88.4 126.7 169.0 97.9 1975. 86.6 65.2 85.6 128.3 162.4 98.1 1976. 98.3 69.7 88.2 127.2 186.8 101.7 1977. 105.2 72.0 93.5 125.1 182.0 102.5 1978. 107.9 71.9 96.8 123.1 148.0 100.7 1979. 100.1 69.5 96.6 122.5 113.7 97.1 1980. 79.6 64.4 88.8 117.9 109.9 91.9 1981. 73.0 61.7 86.8 121.6 112.4 91.9 1982. 73.4 63.0 85.0 128.6 124.4 96.0 1983. 86.7 69.7 93.8 126.4 109.3 99.3 1984. 97.5 73.6 101.4 127.6 119.9 103.6 1985. 95.4 72.8 103.4 123.2 137.4 102.3 1986. 94.6 75.9 104.4 121.9 122.3 102.3 1987. 93.2 77.9 82.5 124.9 116.6 103.7 1988. 95.7 78.7 90.5 122.7 108.4 102.8 1989. 94.1 78.6 92.5 118.9 97.2 100.1 1990. 90.9 80.4 90.3 115.7 94.9 99.1 1991. 84.5 80.3 87.5 115.8 88.8 98.0 1992. 90.3 87.8 90.3 109.5 84.9 98.1 1993. 94.2 92.9 89.4 108.7 89.8 100.4 1994. 100.6 97.8 95.6 106.5 92.1 101.8 1995. 100.8 98.0 93.7 104.6 95.9 101.4 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 107.1 106.6 106.9 99.6 103.3 102.5 1998. 110.1 114.7 106.7 100.1 110.7 105.8 1999. 115.1 123.7 107.3 99.6 110.8 108.1 2000. 106.7 119.8 108.2 102.1 118.8 108.4 2001. 101.2 121.4 107.4 103.9 124.2 109.5 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TRANSPORTATION EQUIPMENT (SIC 37) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 15.311 2.431 4.364 0.119 7.950 0.448 1953. 33.453 3.793 10.895 0.190 17.385 1.190 1954. 29.627 3.580 9.989 0.208 14.772 1.077 1955. 35.002 5.405 10.930 0.220 17.168 1.279 1956. 32.088 3.441 11.666 0.236 15.525 1.220 1957. 35.825 4.377 12.487 0.252 17.329 1.380 1958. 28.993 2.630 11.819 0.252 13.155 1.137 1959. 33.882 4.475 12.681 0.256 15.176 1.294 1960. 34.888 4.554 12.802 0.265 15.878 1.391 1961. 32.765 4.434 12.305 0.261 14.447 1.320 1962. 38.137 6.262 13.913 0.292 16.049 1.622 1963. 40.814 7.471 14.776 0.280 16.486 1.801 1964. 42.611 7.740 15.401 0.299 17.329 1.843 1965. 50.135 9.335 17.105 0.318 21.287 2.089 1966. 54.829 8.848 19.789 0.330 23.310 2.552 1967. 55.933 7.864 21.082 0.363 23.298 3.326 1968. 63.625 9.551 23.018 0.411 27.406 3.239 1969. 65.198 7.913 24.444 0.420 29.012 3.409 1970. 56.243 4.727 21.855 0.424 26.272 2.965 1971. 68.772 9.141 23.146 0.471 32.660 3.353 1972. 76.706 9.635 25.946 0.545 37.019 3.560 1973. 88.901 9.122 30.373 0.632 44.426 4.348 1974. 85.946 3.549 31.819 0.804 45.174 4.601 1975. 90.253 5.758 31.551 0.970 47.177 4.797 1976. 110.787 9.919 37.202 1.177 57.315 5.174 1977. 130.081 11.801 43.238 1.349 67.401 6.292 1978. 147.893 11.330 49.181 1.524 77.001 8.857 1979. 158.544 6.205 55.798 1.712 82.653 12.176 1980. 149.588 0.741 57.650 1.930 77.793 11.474 1981. 159.170 1.278 62.155 2.173 81.865 11.700 1982. 159.511 10.892 60.471 2.247 75.392 10.508 1983. 190.841 18.414 64.665 2.498 90.509 14.756 1984. 228.089 28.824 73.275 2.631 106.861 16.498 1985. 238.622 21.640 82.236 2.736 116.412 15.599 1986. 251.766 22.030 86.313 2.639 122.402 18.382 1987. 261.120 26.304 87.134 3.189 123.812 20.681 1988. 281.091 21.699 93.729 2.844 138.252 24.568 1989. 290.254 15.035 98.075 2.912 146.077 28.155 1990. 291.565 12.089 98.082 2.889 148.899 29.607 1991. 282.968 13.669 97.054 2.793 138.738 30.714 1992. 311.351 17.291 100.557 2.864 155.024 35.614 1993. 333.256 26.405 102.468 2.879 165.246 36.259 1994. 366.062 31.407 108.258 2.783 184.519 39.095 1995. 375.764 28.926 111.393 2.763 193.653 39.029 1996. 385.935 36.505 102.922 2.843 204.329 39.337 1997. 427.940 42.291 109.986 3.109 228.720 43.835 1998. 459.830 49.160 117.430 3.057 244.707 45.475 1999. 505.636 59.927 122.412 3.435 268.870 50.991 2000. 479.066 57.694 120.136 3.664 251.278 46.294 2001. 453.237 58.332 114.038 3.578 234.357 42.933 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: TRANSPORTATION EQUIPMENT (SIC 37) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.159 0.285 0.008 0.519 0.029 1952. 0.129 0.341 0.006 0.489 0.035 1953. 0.113 0.326 0.006 0.520 0.036 1954. 0.121 0.337 0.007 0.499 0.036 1955. 0.154 0.312 0.006 0.490 0.037 1956. 0.107 0.364 0.007 0.484 0.038 1957. 0.122 0.349 0.007 0.484 0.039 1958. 0.091 0.408 0.009 0.454 0.039 1959. 0.132 0.374 0.008 0.448 0.038 1960. 0.131 0.367 0.008 0.455 0.040 1961. 0.135 0.376 0.008 0.441 0.040 1962. 0.164 0.365 0.008 0.421 0.043 1963. 0.183 0.362 0.007 0.404 0.044 1964. 0.182 0.361 0.007 0.407 0.043 1965. 0.186 0.341 0.006 0.425 0.042 1966. 0.161 0.361 0.006 0.425 0.047 1967. 0.141 0.377 0.006 0.417 0.059 1968. 0.150 0.362 0.006 0.431 0.051 1969. 0.121 0.375 0.006 0.445 0.052 1970. 0.084 0.389 0.008 0.467 0.053 1971. 0.133 0.337 0.007 0.475 0.049 1972. 0.126 0.338 0.007 0.483 0.046 1973. 0.103 0.342 0.007 0.500 0.049 1974. 0.041 0.370 0.009 0.526 0.054 1975. 0.064 0.350 0.011 0.523 0.053 1976. 0.090 0.336 0.011 0.517 0.047 1977. 0.091 0.332 0.010 0.518 0.048 1978. 0.077 0.333 0.010 0.521 0.060 1979. 0.039 0.352 0.011 0.521 0.077 1980. 0.005 0.385 0.013 0.520 0.077 1981. 0.008 0.390 0.014 0.514 0.074 1982. 0.068 0.379 0.014 0.473 0.066 1983. 0.096 0.339 0.013 0.474 0.077 1984. 0.126 0.321 0.012 0.469 0.072 1985. 0.091 0.345 0.011 0.488 0.065 1986. 0.088 0.343 0.010 0.486 0.073 1987. 0.101 0.334 0.012 0.474 0.079 1988. 0.077 0.333 0.010 0.492 0.087 1989. 0.052 0.338 0.010 0.503 0.097 1990. 0.041 0.336 0.010 0.511 0.102 1991. 0.048 0.343 0.010 0.490 0.109 1992. 0.056 0.323 0.009 0.498 0.114 1993. 0.079 0.307 0.009 0.496 0.109 1994. 0.086 0.296 0.008 0.504 0.107 1995. 0.077 0.296 0.007 0.515 0.104 1996. 0.095 0.267 0.007 0.529 0.102 1997. 0.099 0.257 0.007 0.534 0.102 1998. 0.107 0.255 0.007 0.532 0.099 1999. 0.119 0.242 0.007 0.532 0.101 2000. 0.120 0.251 0.008 0.525 0.097 2001. 0.129 0.252 0.008 0.517 0.095 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: MEASURING, ANALYSING, AND CONTROLLING INSTRUMENTS (SIC 38) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 4.0 3.0 0.1 3.8 0.2 13.3 1.3 2.6 1964. 1.5 2.9 0.3 7.9 -1.9 6.9 0.2 1.3 1965. 12.3 6.0 7.3 10.9 15.3 6.6 9.9 2.2 1966. 12.1 10.1 13.0 8.6 13.4 5.9 12.2 -0.1 1967. 7.1 9.3 2.2 16.5 11.7 17.7 7.7 -0.5 1968. 8.6 4.3 0.8 6.9 3.2 2.5 2.3 6.2 1969. 5.1 6.5 2.0 13.0 0.9 -0.2 2.1 2.9 1970. -6.4 4.5 -6.2 2.1 -7.5 15.1 -3.8 -2.7 1971. -1.0 1.5 -6.2 0.7 -2.0 -2.2 -3.5 2.6 1972. 10.7 2.9 6.2 11.5 10.9 5.8 7.4 3.0 1973. 10.7 6.6 8.7 -0.6 12.6 11.2 10.0 0.7 1974. 7.2 9.4 2.8 -3.9 15.1 15.1 8.9 -1.5 1975. -2.8 4.4 -11.0 1.3 -6.5 -0.3 -7.1 4.6 1976. 9.2 3.7 5.1 2.0 12.2 1.2 7.3 1.8 1977. 12.9 5.5 6.9 4.5 17.6 13.4 11.4 1.4 1978. 9.2 6.4 6.6 3.8 12.1 12.5 9.3 0.0 1979. 7.7 7.8 5.4 1.1 5.6 16.0 6.6 1.0 1980. 4.9 8.2 0.6 -1.0 9.2 7.4 5.3 -0.3 1981. 3.0 9.4 1.5 -0.5 -0.4 -1.5 0.9 2.0 1982. 5.4 8.0 -4.1 0.3 11.9 0.7 3.4 1.9 1983. 2.8 5.9 -1.2 1.5 1.5 11.9 1.6 1.2 1984. 10.2 8.6 8.0 9.9 9.7 8.3 8.8 1.3 1985. 5.7 8.4 0.6 0.2 11.9 -2.3 4.8 0.8 1986. 3.2 3.6 -3.0 3.4 6.9 2.7 1.7 1.5 1987. 6.3 -1.2 -0.7 -5.6 5.2 8.9 2.7 3.6 1988. 3.9 3.4 3.3 4.0 -3.8 -0.2 0.0 3.9 1989. -0.5 7.2 -1.0 -0.4 4.5 6.0 2.1 -2.6 1990. 1.5 6.1 -2.5 4.5 0.9 -2.3 -0.8 2.4 1991. 0.2 5.5 -3.9 -3.5 4.2 0.2 0.2 0.0 1992. 3.9 5.6 -3.9 -1.2 9.0 7.6 2.8 1.1 1993. -0.2 3.4 -1.4 1.1 2.4 4.7 1.0 -1.2 1994. -0.1 1.7 -3.6 -1.2 2.2 -0.7 -0.8 0.7 1995. 2.3 2.5 -1.8 5.4 8.9 0.5 2.9 -0.6 1996. 5.6 4.5 0.7 -4.3 11.5 -4.1 4.5 1.1 1997. 2.1 5.6 3.0 -1.4 4.9 -0.9 3.4 -1.2 1998. 3.0 5.4 -0.8 2.3 -0.6 -3.8 -0.8 3.8 1999. 3.2 6.9 -1.9 3.4 1.8 0.1 0.2 3.0 2000. 5.1 5.5 -2.0 5.0 -1.4 -0.6 -1.2 6.4 2001. -3.6 3.9 -1.2 -2.0 -3.2 -8.7 -2.7 -0.9 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 5.3 5.4 1.5 3.7 5.9 5.3 3.8 1.5 1949-1973 7.0 5.2 3.3 7.1 6.5 8.0 5.1 1.8 1973-2001 3.9 5.5 -0.1 1.0 5.3 3.1 2.6 1.2 1973-1979 7.1 6.2 2.4 1.4 9.0 9.4 5.9 1.2 1979-1990 4.2 6.1 0.1 1.4 5.1 3.5 2.7 1.4 1990-1995 1.2 3.7 -2.9 0.1 5.3 2.4 1.2 0.0 1995-2000 3.8 5.6 -0.2 0.9 3.1 -1.9 1.2 2.6 2000-2001 -3.6 3.9 -1.2 -2.0 -3.2 -8.7 -2.7 -0.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MEASURING, ANALYSING, AND CONTROLLING INSTRUMENTS (SIC 38) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 7.5 8.6 45.5 15.9 5.2 5.9 14.4 51.8 1953. 13.3 11.6 72.6 21.7 9.3 10.2 23.8 55.7 1954. 12.4 11.3 64.7 10.3 8.8 9.6 21.9 56.8 1955. 13.3 11.9 66.4 22.2 9.1 10.3 22.8 58.3 1956. 14.1 13.1 69.8 24.7 11.8 11.2 26.2 53.9 1957. 14.6 13.2 69.9 25.3 10.9 12.2 25.6 57.2 1958. 14.7 13.5 65.0 31.2 11.0 12.4 25.0 58.8 1959. 15.9 14.0 71.7 33.1 11.9 13.6 27.2 58.7 1960. 17.4 14.9 73.5 34.2 13.0 15.1 28.9 60.4 1961. 18.8 15.8 72.9 35.5 13.8 16.8 29.8 63.1 1962. 20.4 16.5 76.2 37.9 14.1 17.0 30.9 66.2 1963. 21.2 17.0 76.3 39.3 14.1 19.2 31.3 67.9 1964. 21.5 17.5 76.5 42.4 13.9 20.6 31.3 68.8 1965. 24.2 18.6 82.1 47.1 16.0 21.9 34.4 70.2 1966. 27.1 20.4 92.7 51.1 18.1 23.2 38.6 70.2 1967. 29.0 22.4 94.8 59.6 20.3 27.3 41.6 69.8 1968. 31.5 23.3 95.5 63.7 20.9 28.0 42.6 74.1 1969. 33.1 24.8 97.4 72.0 21.1 27.9 43.5 76.3 1970. 31.0 25.9 91.4 73.4 19.5 32.2 41.8 74.2 1971. 30.7 26.3 85.7 73.9 19.1 31.5 40.3 76.1 1972. 34.0 27.1 91.0 82.5 21.2 33.3 43.3 78.4 1973. 37.6 28.9 99.0 82.0 23.9 37.0 47.7 78.9 1974. 40.3 31.6 101.7 78.8 27.5 42.6 51.9 77.7 1975. 39.2 33.0 90.5 79.9 25.7 42.4 48.2 81.3 1976. 42.8 34.2 95.1 81.5 28.8 42.9 51.7 82.8 1977. 48.3 36.1 101.6 85.1 33.9 48.7 57.6 84.0 1978. 52.8 38.4 108.3 88.4 38.0 54.8 62.9 83.9 1979. 56.9 41.4 114.2 89.3 40.1 63.5 67.1 84.8 1980. 59.7 44.9 114.8 88.4 43.8 68.3 70.6 84.5 1981. 61.4 49.1 116.6 88.0 43.6 67.2 71.3 86.2 1982. 64.7 53.0 111.8 88.3 48.8 67.6 73.7 87.8 1983. 66.5 56.1 110.4 89.6 49.6 75.7 74.9 88.8 1984. 73.3 61.0 119.2 98.5 54.4 82.0 81.4 90.0 1985. 77.4 66.1 119.9 98.6 60.8 80.1 85.3 90.8 1986. 79.9 68.5 116.4 102.0 65.0 82.3 86.7 92.1 1987. 84.9 67.7 115.5 96.3 68.4 89.6 89.0 95.4 1988. 88.3 70.0 119.3 100.1 65.8 89.4 89.0 99.1 1989. 87.8 75.0 118.2 99.7 68.7 94.8 90.9 96.6 1990. 89.1 79.6 115.2 104.2 69.3 92.6 90.2 98.9 1991. 89.3 84.0 110.7 100.6 72.2 92.8 90.3 98.9 1992. 92.8 88.7 106.4 99.4 78.7 99.8 92.8 100.0 1993. 92.6 91.8 104.9 100.5 80.6 104.5 93.8 98.7 1994. 92.5 93.4 101.1 99.2 82.4 103.7 93.0 99.5 1995. 94.7 95.7 99.3 104.5 89.7 104.3 95.7 98.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 102.1 105.6 103.0 98.6 104.9 99.1 103.4 98.8 1998. 105.2 111.4 102.1 100.9 104.3 95.3 102.6 102.6 1999. 108.6 119.0 100.2 104.3 106.1 95.4 102.8 105.6 2000. 114.1 125.6 98.3 109.5 104.7 94.8 101.5 112.4 2001. 110.0 130.5 97.1 107.3 101.3 86.5 98.8 111.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MEASURING, ANALYSING, AND CONTROLLING INSTRUMENTS (SIC 38) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 0.1 -13.8 9.6 -3.3 -0.4 3.2 2.7 2.6 1964. -0.3 -52.8 13.4 -3.5 -1.1 2.2 1.0 1.3 1965. -0.3 184.9 -12.1 -2.9 -0.5 2.9 1.9 2.2 1966. 1.9 10.2 -0.2 -4.5 1.6 2.5 1.8 -0.1 1967. 3.9 2.2 6.3 -1.7 0.6 2.5 3.4 -0.5 1968. 2.0 15.2 11.0 -0.7 4.1 2.3 8.3 6.2 1969. 0.8 1.8 3.4 0.8 5.4 2.3 3.7 2.9 1970. 5.0 -30.4 10.6 12.0 5.2 4.3 2.1 -2.7 1971. 3.1 16.3 4.9 12.7 3.8 4.6 5.8 2.6 1972. 1.6 5.9 4.4 5.2 4.5 5.2 4.7 3.0 1973. 2.8 -13.8 7.7 12.1 3.7 4.0 3.4 0.7 1974. 8.6 -45.1 12.4 40.6 13.2 6.9 7.0 -1.5 1975. 9.3 82.5 13.2 14.9 8.2 7.6 14.3 4.6 1976. 5.8 17.7 11.0 12.1 2.0 8.0 7.7 1.8 1977. 3.5 8.7 5.0 15.6 3.0 8.3 5.0 1.4 1978. 6.1 8.1 7.2 8.8 4.2 7.7 6.1 0.0 1979. 4.6 -22.2 8.7 13.2 8.4 7.2 5.6 1.0 1980. 12.2 4.7 16.4 19.0 9.4 8.7 11.9 -0.3 1981. 8.1 19.5 13.1 17.9 6.0 8.8 10.2 2.0 1982. 5.5 -20.3 19.6 16.9 1.1 6.9 7.6 1.9 1983. 3.9 -5.1 9.8 6.0 1.3 6.0 5.1 1.2 1984. 3.5 16.5 5.6 2.2 2.1 6.0 4.8 1.3 1985. 0.6 -78.7 13.7 3.4 0.1 4.6 1.4 0.8 1986. 0.0 -118.1 6.8 -7.1 0.1 0.8 1.5 1.5 1987. -0.1 -425.5 3.5 0.5 0.8 4.7 3.5 3.6 1988. 2.2 501.3 1.9 -4.6 2.8 3.2 6.2 3.9 1989. 3.6 -65.4 7.7 4.7 0.6 1.5 0.9 -2.6 1990. 2.9 309.0 0.5 -2.1 -0.9 3.5 5.3 2.4 1991. 2.1 4.0 5.8 -0.3 -2.1 1.8 2.1 0.0 1992. 1.7 -0.2 8.3 6.8 -2.7 3.1 2.8 1.1 1993. 1.4 -41.9 5.1 5.1 1.7 2.1 0.1 -1.2 1994. 1.1 -43.4 5.9 2.4 1.7 3.5 1.8 0.7 1995. 1.1 -0.4 2.7 -4.0 -2.1 2.5 0.5 -0.6 1996. 0.6 124.5 0.9 -0.9 -4.8 3.7 1.7 1.1 1997. 0.5 -28.6 1.8 1.0 -0.9 3.7 -0.7 -1.2 1998. 0.1 16.7 5.7 -6.8 1.1 3.7 3.9 3.8 1999. -0.3 -30.0 5.8 1.6 3.0 3.0 2.6 3.0 2000. 0.2 31.5 6.7 13.5 5.1 3.5 6.6 6.4 2001. 0.6 -21.4 -3.0 2.6 4.1 2.8 -0.3 -0.9 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.8 1.1 6.6 3.7 2.2 4.2 4.3 1.5 1949-1973 2.3 4.8 6.1 0.9 2.1 3.5 4.1 1.8 1973-2001 3.1 -1.9 7.1 6.1 2.3 4.7 4.4 1.2 1973-1979 6.3 1.3 9.5 17.1 6.4 7.6 7.6 1.2 1979-1990 3.8 1.5 8.8 4.8 2.1 4.9 5.3 1.4 1990-1995 1.5 -19.4 5.5 1.9 -0.7 2.6 1.5 0.0 1995-2000 0.2 11.5 4.2 1.5 0.6 3.5 2.8 2.6 2000-2001 0.6 -21.4 -3.0 2.6 4.1 2.8 -0.3 -0.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MEASURING, ANALYSING, AND CONTROLLING INSTRUMENTS (SIC 38) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 24.5 33.8 4.2 17.1 36.2 14.2 12.7 51.8 1953. 28.0 48.2 5.5 17.7 40.8 17.2 15.6 55.7 1954. 28.6 61.1 5.8 20.9 40.0 17.7 16.2 56.8 1955. 28.9 57.8 6.1 17.4 41.7 18.3 16.9 58.3 1956. 30.7 60.3 6.5 17.2 36.6 19.0 16.5 53.9 1957. 32.6 55.1 7.2 17.5 44.7 19.5 18.6 57.2 1958. 33.3 64.1 7.7 16.6 45.1 20.4 19.6 58.8 1959. 34.4 78.1 7.7 16.9 46.2 20.8 20.2 58.7 1960. 34.8 79.9 8.4 16.9 46.2 21.6 21.0 60.4 1961. 34.8 65.9 9.7 16.9 46.0 22.0 21.9 63.1 1962. 34.7 91.2 10.0 16.7 45.9 22.6 22.9 66.2 1963. 34.7 78.7 10.9 16.2 45.7 23.3 23.6 67.9 1964. 34.6 37.1 12.4 15.6 45.2 23.8 23.8 68.8 1965. 34.5 105.8 10.9 15.1 45.0 24.5 24.2 70.2 1966. 35.2 116.6 10.9 14.5 45.7 25.2 24.7 70.2 1967. 36.6 119.2 11.6 14.2 46.0 25.8 25.5 69.8 1968. 37.3 137.3 12.8 14.1 47.9 26.4 27.6 74.1 1969. 37.6 139.7 13.3 14.2 50.5 27.0 28.7 76.3 1970. 39.5 97.3 14.7 15.9 53.1 28.1 29.3 74.2 1971. 40.7 113.1 15.4 18.0 55.1 29.4 31.0 76.1 1972. 41.3 119.8 16.1 18.9 57.5 30.9 32.4 78.4 1973. 42.5 103.3 17.3 21.2 59.7 32.2 33.5 78.9 1974. 46.1 56.7 19.4 29.8 67.5 34.4 35.9 77.7 1975. 50.4 103.6 22.0 34.2 73.1 37.0 41.0 81.3 1976. 53.3 121.9 24.4 38.3 74.5 40.0 44.2 82.8 1977. 55.2 132.6 25.6 44.3 76.8 43.3 46.4 84.0 1978. 58.6 143.3 27.5 48.2 80.0 46.6 49.2 83.9 1979. 61.3 111.4 29.9 54.6 86.7 50.0 52.0 84.8 1980. 68.8 116.7 34.8 65.0 94.9 54.3 58.2 84.5 1981. 74.4 139.5 39.3 76.6 100.6 59.1 64.1 86.2 1982. 78.5 111.1 47.0 89.5 101.7 63.1 69.0 87.8 1983. 81.5 105.4 51.7 94.9 103.1 66.9 72.4 88.8 1984. 84.4 122.9 54.5 97.0 105.3 70.9 76.0 90.0 1985. 84.9 26.1 62.0 100.3 105.4 74.2 77.0 90.8 1986. 84.9 -4.7 66.2 93.2 105.6 74.7 78.2 92.1 1987. 84.8 15.4 68.6 93.7 106.4 78.3 80.9 95.4 1988. 86.7 92.6 69.9 89.4 109.4 80.8 85.9 99.1 1989. 89.8 32.1 75.3 93.7 110.0 82.0 86.7 96.6 1990. 92.4 131.1 75.6 91.7 109.0 84.8 91.3 98.9 1991. 94.3 136.4 80.0 91.4 106.7 86.4 93.3 98.9 1992. 95.9 136.0 86.6 97.7 103.8 89.1 95.9 100.0 1993. 97.3 79.0 91.1 102.7 105.6 90.9 96.0 98.7 1994. 98.3 44.7 96.5 105.1 107.3 94.1 97.8 99.5 1995. 99.4 44.5 99.1 101.0 105.1 96.4 98.3 98.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 100.5 71.4 101.8 101.0 99.1 103.7 99.3 98.8 1998. 100.6 83.4 107.6 94.1 100.3 107.5 103.2 102.6 1999. 100.2 58.4 113.8 95.7 103.3 110.8 105.9 105.6 2000. 100.4 76.8 121.4 108.5 108.5 114.6 112.8 112.4 2001. 101.0 60.3 117.9 111.3 112.9 117.8 112.5 111.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MEASURING, ANALYSING, AND CONTROLLING INSTRUMENTS (SIC 38) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 0.9 3.9 0.1 3.7 -8.3 2.6 1964. -1.4 1.2 -5.9 3.4 -5.0 1.3 1965. 5.9 4.7 1.2 -2.6 5.3 2.2 1966. 1.8 -0.8 3.3 -1.1 5.9 -0.1 1967. -2.1 4.8 -8.1 -4.1 -9.0 -0.5 1968. 4.1 7.7 1.6 5.2 5.9 6.2 1969. -1.3 3.1 -7.0 4.1 5.4 2.9 1970. -10.5 -0.3 -8.3 1.2 -18.7 -2.7 1971. -2.5 5.5 -1.7 1.1 1.2 2.6 1972. 7.6 4.2 -0.7 -0.2 4.7 3.0 1973. 3.9 1.9 11.4 -1.7 -0.4 0.7 1974. -2.0 4.3 11.5 -6.8 -6.8 -1.5 1975. -7.0 9.1 -4.1 4.0 -2.5 4.6 1976. 5.3 4.0 7.0 -2.7 7.9 1.8 1977. 7.0 5.7 8.0 -4.0 -0.4 1.4 1978. 2.6 2.5 5.2 -2.5 -2.9 0.0 1979. -0.1 2.2 6.5 1.9 -7.2 1.0 1980. -3.1 4.3 6.0 -3.9 -2.3 -0.3 1981. -5.9 1.4 3.5 3.3 4.6 2.0 1982. -2.4 9.9 5.1 -5.9 4.7 1.9 1983. -2.9 4.0 1.2 1.2 -8.2 1.2 1984. 1.4 2.1 0.3 0.4 1.8 1.3 1985. -2.6 5.0 5.5 -5.5 8.1 0.8 1986. -0.4 6.4 -0.2 -3.5 0.5 1.5 1987. 7.6 7.1 12.7 1.1 -2.3 3.6 1988. 0.5 0.6 -0.1 8.0 4.1 3.9 1989. -7.2 0.4 -0.1 -4.8 -6.2 -2.6 1990. -4.3 4.1 -2.8 0.7 3.9 2.4 1991. -5.0 4.2 3.8 -3.8 0.0 0.0 1992. -1.6 8.1 5.1 -4.7 -3.4 1.1 1993. -3.5 1.2 -1.2 -2.5 -4.7 -1.2 1994. -1.8 3.7 1.1 -2.2 0.6 0.7 1995. -0.2 4.1 -2.9 -6.0 1.8 -0.6 1996. 1.1 4.9 10.4 -5.3 10.1 1.1 1997. -3.3 -0.8 3.6 -2.6 3.1 -1.2 1998. -2.3 3.8 0.6 3.6 7.0 3.8 1999. -3.4 5.2 -0.2 1.4 3.1 3.0 2000. -0.4 7.2 0.1 6.5 5.8 6.4 2001. -7.2 -2.4 -1.6 -0.3 5.7 -0.9 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.1 3.8 1.5 -0.5 0.0 1.5 1949-1973 1.7 3.6 -0.1 0.4 -0.9 1.8 1973-2001 -1.5 4.0 2.9 -1.3 0.8 1.2 1973-1979 0.9 4.6 5.6 -1.8 -2.1 1.2 1979-1990 -1.8 4.1 2.7 -0.9 0.7 1.4 1990-1995 -2.4 4.3 1.2 -3.9 -1.2 0.0 1995-2000 -1.7 4.0 2.8 0.6 5.8 2.6 2000-2001 -7.2 -2.4 -1.6 -0.3 5.7 -0.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MEASURING, ANALYSING, AND CONTROLLING INSTRUMENTS (SIC 38) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 123.5 26.8 53.9 144.7 120.3 66.2 1963. 124.7 27.8 54.0 150.1 110.3 67.9 1964. 123.0 28.2 50.8 155.3 104.8 68.8 1965. 130.3 29.5 51.4 151.2 110.3 70.2 1966. 132.7 29.2 53.1 149.6 116.9 70.2 1967. 129.9 30.6 48.8 143.4 106.3 69.8 1968. 135.3 33.0 49.5 150.9 112.6 74.1 1969. 133.5 34.0 46.1 157.1 118.6 76.3 1970. 119.5 33.9 42.2 159.0 96.4 74.2 1971. 116.6 35.8 41.5 160.7 97.6 76.1 1972. 125.4 37.3 41.2 160.4 102.1 78.4 1973. 130.3 38.0 45.9 157.7 101.7 78.9 1974. 127.6 39.7 51.2 146.9 94.7 77.7 1975. 118.7 43.3 49.1 152.8 92.4 81.3 1976. 125.1 45.0 52.5 148.6 99.7 82.8 1977. 133.8 47.6 56.8 142.7 99.3 84.0 1978. 137.4 48.7 59.7 139.1 96.4 83.9 1979. 137.2 49.8 63.6 141.8 89.5 84.8 1980. 133.0 51.9 67.4 136.3 87.4 84.5 1981. 125.1 52.7 69.8 140.8 91.4 86.2 1982. 122.1 57.9 73.3 132.6 95.7 87.8 1983. 118.5 60.2 74.2 134.2 87.9 88.8 1984. 120.2 61.5 74.4 134.7 89.4 90.0 1985. 117.1 64.6 78.5 127.3 96.7 90.8 1986. 116.6 68.7 78.3 122.9 97.1 92.1 1987. 125.5 73.5 88.3 124.2 94.9 95.4 1988. 126.1 74.0 88.1 134.1 98.7 99.1 1989. 117.0 74.3 88.0 127.7 92.6 96.6 1990. 112.0 77.4 85.5 128.6 96.3 98.9 1991. 106.3 80.6 88.8 123.7 96.3 98.9 1992. 104.6 87.2 93.4 117.9 93.0 100.0 1993. 100.9 88.3 92.2 114.9 88.6 98.7 1994. 99.1 91.5 93.3 112.3 89.2 99.5 1995. 98.9 95.3 90.6 105.5 90.8 98.9 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 96.7 99.2 103.6 97.4 103.1 98.8 1998. 94.5 103.0 104.3 100.9 110.3 102.6 1999. 91.2 108.3 104.1 102.3 113.8 105.6 2000. 90.8 116.1 104.2 109.0 120.3 112.4 2001. 84.3 113.3 102.5 108.6 127.1 111.4 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MEASURING, ANALYSING, AND CONTROLLING INSTRUMENTS (SIC 38) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 2.656 0.218 1.129 0.039 1.130 0.141 1953. 5.401 0.419 2.366 0.054 2.266 0.295 1954. 5.153 0.516 2.220 0.030 2.101 0.286 1955. 5.581 0.516 2.428 0.055 2.266 0.316 1956. 6.293 0.590 2.717 0.060 2.566 0.360 1957. 6.907 0.547 3.004 0.063 2.892 0.401 1958. 7.102 0.648 2.998 0.073 2.957 0.425 1959. 7.953 0.819 3.313 0.080 3.265 0.476 1960. 8.790 0.893 3.681 0.082 3.586 0.549 1961. 9.480 0.776 4.209 0.085 3.785 0.625 1962. 10.265 1.128 4.539 0.090 3.862 0.646 1963. 10.680 1.002 4.977 0.090 3.854 0.756 1964. 10.811 0.487 5.665 0.094 3.740 0.826 1965. 12.107 1.470 5.338 0.101 4.291 0.906 1966. 13.835 1.784 6.020 0.105 4.943 0.983 1967. 15.395 1.994 6.542 0.120 5.553 1.186 1968. 17.048 2.396 7.317 0.128 5.963 1.244 1969. 18.067 2.597 7.711 0.145 6.345 1.269 1970. 17.749 1.889 7.998 0.166 6.173 1.523 1971. 18.117 2.230 7.866 0.188 6.274 1.558 1972. 20.370 2.431 8.719 0.221 7.266 1.734 1973. 23.177 2.233 10.208 0.246 8.485 2.005 1974. 26.990 1.342 11.794 0.333 11.054 2.467 1975. 28.658 2.559 11.884 0.387 11.182 2.646 1976. 33.107 3.123 13.852 0.443 12.797 2.892 1977. 38.707 3.583 15.543 0.535 15.496 3.550 1978. 44.879 4.122 17.749 0.604 18.101 4.302 1979. 50.552 3.456 20.339 0.692 20.721 5.345 1980. 59.540 3.918 23.810 0.815 24.757 6.240 1981. 66.247 5.124 27.339 0.956 26.145 6.683 1982. 73.671 4.408 31.357 1.122 29.595 7.190 1983. 78.622 4.428 34.011 1.207 30.445 8.531 1984. 89.645 5.607 38.775 1.355 34.119 9.789 1985. 95.297 1.294 44.375 1.404 38.219 10.004 1986. 98.333 -0.243 45.961 1.349 40.911 10.355 1987. 104.472 0.780 47.239 1.280 43.371 11.802 1988. 110.883 4.851 49.721 1.271 42.882 12.158 1989. 114.301 1.800 53.042 1.326 45.051 13.082 1990. 119.416 7.812 51.982 1.357 45.037 13.229 1991. 122.142 8.574 52.851 1.305 45.923 13.489 1992. 129.089 9.035 54.992 1.378 48.716 14.968 1993. 130.618 5.428 57.001 1.464 50.724 16.000 1994. 131.922 3.124 58.180 1.480 52.695 16.442 1995. 136.493 3.190 58.700 1.497 56.172 16.933 1996. 144.983 7.484 59.639 1.419 59.601 16.839 1997. 148.804 5.646 62.490 1.413 61.954 17.301 1998. 153.369 6.951 65.501 1.348 62.313 17.257 1999. 157.763 5.201 68.016 1.416 65.333 17.797 2000. 166.068 7.215 71.160 1.687 67.711 18.295 2001. 161.181 5.889 68.238 1.695 68.185 17.173 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MEASURING, ANALYSING, AND CONTROLLING INSTRUMENTS (SIC 38) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.082 0.425 0.015 0.425 0.053 1952. 0.087 0.416 0.010 0.433 0.054 1953. 0.078 0.438 0.010 0.420 0.055 1954. 0.100 0.431 0.006 0.408 0.055 1955. 0.093 0.435 0.010 0.406 0.057 1956. 0.094 0.432 0.010 0.408 0.057 1957. 0.079 0.435 0.009 0.419 0.058 1958. 0.091 0.422 0.010 0.416 0.060 1959. 0.103 0.417 0.010 0.411 0.060 1960. 0.102 0.419 0.009 0.408 0.062 1961. 0.082 0.444 0.009 0.399 0.066 1962. 0.110 0.442 0.009 0.376 0.063 1963. 0.094 0.466 0.008 0.361 0.071 1964. 0.045 0.524 0.009 0.346 0.076 1965. 0.121 0.441 0.008 0.354 0.075 1966. 0.129 0.435 0.008 0.357 0.071 1967. 0.130 0.425 0.008 0.361 0.077 1968. 0.141 0.429 0.007 0.350 0.073 1969. 0.144 0.427 0.008 0.351 0.070 1970. 0.106 0.451 0.009 0.348 0.086 1971. 0.123 0.434 0.010 0.346 0.086 1972. 0.119 0.428 0.011 0.357 0.085 1973. 0.096 0.440 0.011 0.366 0.087 1974. 0.050 0.437 0.012 0.410 0.091 1975. 0.089 0.415 0.014 0.390 0.092 1976. 0.094 0.418 0.013 0.387 0.087 1977. 0.093 0.402 0.014 0.400 0.092 1978. 0.092 0.395 0.013 0.403 0.096 1979. 0.068 0.402 0.014 0.410 0.106 1980. 0.066 0.400 0.014 0.416 0.105 1981. 0.077 0.413 0.014 0.395 0.101 1982. 0.060 0.426 0.015 0.402 0.098 1983. 0.056 0.433 0.015 0.387 0.109 1984. 0.063 0.433 0.015 0.381 0.109 1985. 0.014 0.466 0.015 0.401 0.105 1986. -0.002 0.467 0.014 0.416 0.105 1987. 0.007 0.452 0.012 0.415 0.113 1988. 0.044 0.448 0.011 0.387 0.110 1989. 0.016 0.464 0.012 0.394 0.114 1990. 0.065 0.435 0.011 0.377 0.111 1991. 0.070 0.433 0.011 0.376 0.110 1992. 0.070 0.426 0.011 0.377 0.116 1993. 0.042 0.436 0.011 0.388 0.122 1994. 0.024 0.441 0.011 0.399 0.125 1995. 0.023 0.430 0.011 0.412 0.124 1996. 0.052 0.411 0.010 0.411 0.116 1997. 0.038 0.420 0.009 0.416 0.116 1998. 0.045 0.427 0.009 0.406 0.113 1999. 0.033 0.431 0.009 0.414 0.113 2000. 0.043 0.428 0.010 0.408 0.110 2001. 0.037 0.423 0.011 0.423 0.107 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 MULTIFACTOR PRODUCTIVITY IN U.S MANUFACTURING AND IN 20 MANUFACTURING INDUSTRIES, 1949-2001 INDUSTRY: MISCELLANEOUS MANUFACTURING (SIC 39) TABLE 1. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 4.5 3.9 -1.6 -24.4 5.7 11.0 2.6 1.8 1964. 5.8 0.4 2.2 -18.5 5.2 5.3 3.3 2.4 1965. 9.5 3.5 7.5 -8.3 10.6 10.0 8.5 1.0 1966. 3.9 5.2 5.0 51.3 3.5 5.6 4.6 -0.7 1967. 1.6 5.1 -3.8 249.8 -4.4 10.4 -0.7 2.3 1968. 5.7 3.6 0.5 -54.2 6.6 7.3 2.9 2.7 1969. 6.5 8.1 0.6 5.9 3.8 16.0 4.0 2.4 1970. -2.2 5.5 -3.7 0.6 -4.7 5.5 -2.4 0.2 1971. 1.3 5.9 -4.0 22.7 -0.5 0.8 -0.9 2.2 1972. 17.3 5.0 6.6 -7.3 21.6 22.8 14.0 2.9 1973. 0.5 5.3 2.5 -6.7 -2.1 -0.9 0.3 0.2 1974. -6.6 5.2 -0.7 -7.8 -5.8 0.0 -2.5 -4.2 1975. -5.8 1.4 -8.4 7.6 -11.9 -3.3 -8.4 2.8 1976. 9.7 2.7 3.1 -10.3 12.6 5.2 7.1 2.4 1977. 11.2 5.8 4.7 3.3 13.5 11.6 9.4 1.7 1978. -1.3 3.5 3.7 -0.3 2.3 1.2 2.7 -3.9 1979. -4.2 2.9 -3.1 -5.3 -3.0 4.3 -1.7 -2.5 1980. -9.3 0.9 -6.7 -3.3 0.0 3.4 -1.8 -7.7 1981. 4.5 0.8 -1.0 -3.8 -8.9 -4.3 -4.9 9.9 1982. -3.5 4.0 -6.6 -6.6 -5.9 -4.6 -4.8 1.4 1983. -4.0 -1.0 0.1 1.4 0.4 8.4 1.1 -5.1 1984. 12.4 3.5 3.0 4.4 2.3 -19.4 0.0 12.4 1985. -3.5 4.0 -3.2 -9.9 -7.0 -9.8 -4.5 1.1 1986. 3.6 0.2 2.0 8.3 5.9 14.3 4.5 -0.9 1987. 4.8 2.5 0.3 22.8 2.0 10.7 2.6 2.1 1988. 6.4 0.9 5.3 1.9 1.9 3.4 3.0 3.4 1989. -2.1 1.4 0.9 2.7 -1.7 -4.4 -0.6 -1.5 1990. 0.7 0.5 -2.9 1.3 6.8 -0.9 1.6 -0.9 1991. -3.5 -0.8 -2.5 -2.3 4.2 -4.8 0.1 -3.6 1992. 3.6 2.4 2.9 -9.3 10.6 7.6 6.0 -2.3 1993. 5.5 1.8 3.9 12.8 7.4 5.5 5.1 0.4 1994. 2.2 1.5 3.1 0.7 -0.6 -2.3 0.7 1.4 1995. 2.8 0.4 -3.9 12.1 1.4 2.6 -0.2 3.0 1996. 3.0 1.5 0.4 -7.3 5.6 2.2 2.7 0.3 1997. 2.1 1.9 5.3 -16.2 0.0 0.4 1.9 0.2 1998. 1.8 2.0 -1.2 1.0 7.1 -2.1 2.3 -0.6 1999. 2.9 2.7 -1.9 3.1 1.0 -4.6 -0.2 3.1 2000. 4.2 1.9 -3.0 3.6 -2.8 -3.3 -1.9 6.2 2001. -6.0 0.5 -2.9 -5.1 -4.0 -7.3 -3.1 -3.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 2.4 2.8 0.0 2.7 2.0 2.9 1.4 1.0 1949-1973 4.0 3.7 0.5 6.3 3.2 6.2 2.4 1.6 1973-2001 1.0 1.9 -0.4 -0.3 1.0 0.1 0.5 0.5 1973-1979 0.2 3.6 -0.2 -2.3 0.9 3.1 0.9 -0.7 1979-1990 0.7 1.6 -0.9 1.4 -0.5 -0.7 -0.4 1.1 1990-1995 2.1 1.1 0.6 2.5 4.5 1.6 2.3 -0.2 1995-2000 2.8 2.0 -0.1 -3.5 2.1 -1.5 0.9 1.8 2000-2001 -6.0 0.5 -2.9 -5.1 -4.0 -7.3 -3.1 -3.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MISCELLANEOUS MANUFACTURING (SIC 39) TABLE 2. REAL SECTOR OUTPUT, INPUT QUANTITIES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 31.1 26.3 96.4 21.9 36.0 19.2 48.6 63.9 1953. 37.6 40.4 106.8 54.6 39.0 26.2 56.2 66.8 1954. 34.9 39.8 97.5 54.4 35.7 24.5 51.8 67.3 1955. 38.1 39.4 100.2 64.8 38.1 27.4 54.3 70.2 1956. 39.7 39.1 101.1 69.5 40.6 30.3 56.3 70.5 1957. 38.5 39.2 96.5 67.9 38.6 30.3 54.1 71.2 1958. 39.9 36.9 92.2 81.5 41.7 31.7 54.8 72.7 1959. 43.1 37.6 97.0 48.7 45.5 30.4 57.7 74.8 1960. 44.0 38.0 96.2 44.7 47.4 32.6 58.8 74.9 1961. 45.1 38.1 93.8 38.2 50.0 31.8 59.4 75.9 1962. 47.4 38.6 96.5 60.9 50.2 33.7 60.8 78.0 1963. 49.5 40.1 95.0 46.0 53.1 37.4 62.4 79.4 1964. 52.4 40.3 97.1 37.5 55.8 39.4 64.4 81.3 1965. 57.4 41.7 104.3 34.4 61.8 43.4 69.9 82.1 1966. 59.7 43.8 109.5 52.0 63.9 45.8 73.1 81.6 1967. 60.6 46.1 105.4 181.9 61.1 50.6 72.6 83.5 1968. 64.0 47.7 105.9 83.3 65.1 54.3 74.7 85.7 1969. 68.2 51.6 106.5 88.2 67.6 63.0 77.7 87.8 1970. 66.7 54.4 102.5 88.8 64.5 66.4 75.8 88.0 1971. 67.5 57.6 98.4 109.0 64.1 67.0 75.1 89.9 1972. 79.2 60.5 104.9 101.0 78.0 82.3 85.6 92.5 1973. 79.6 63.7 107.5 94.2 76.4 81.5 85.9 92.7 1974. 74.4 67.0 106.8 86.9 72.0 81.6 83.8 88.8 1975. 70.1 67.9 97.8 93.5 63.4 78.9 76.7 91.3 1976. 76.8 69.8 100.8 83.8 71.4 83.0 82.2 93.5 1977. 85.5 73.8 105.5 86.6 81.0 92.6 89.9 95.1 1978. 84.4 76.4 109.5 86.3 82.8 93.8 92.4 91.4 1979. 80.8 78.6 106.1 81.8 80.4 97.8 90.7 89.0 1980. 73.3 79.3 99.0 79.1 80.4 101.1 89.1 82.2 1981. 76.6 79.9 98.0 76.1 73.2 96.8 84.8 90.3 1982. 73.9 83.0 91.5 71.0 68.9 92.3 80.7 91.6 1983. 70.9 82.2 91.6 72.0 69.1 100.0 81.6 87.0 1984. 79.7 85.1 94.4 75.2 70.7 80.7 81.6 97.7 1985. 77.0 88.5 91.4 67.8 65.7 72.8 77.9 98.8 1986. 79.7 88.6 93.2 73.4 69.6 83.2 81.4 97.9 1987. 83.5 90.9 93.4 90.1 71.0 92.1 83.6 100.0 1988. 88.9 91.7 98.4 91.9 72.3 95.3 86.0 103.3 1989. 87.0 93.0 99.2 94.4 71.1 91.1 85.5 101.8 1990. 87.6 93.4 96.4 95.6 75.9 90.3 86.9 100.9 1991. 84.6 92.7 94.0 93.3 79.1 86.0 87.0 97.2 1992. 87.6 94.9 96.7 84.7 87.5 92.5 92.2 95.0 1993. 92.4 96.7 100.5 95.6 94.0 97.6 96.9 95.4 1994. 94.4 98.1 103.6 96.2 93.4 95.4 97.6 96.7 1995. 97.1 98.6 99.6 107.9 94.7 97.9 97.4 99.7 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 102.1 101.9 105.3 83.8 100.0 100.4 101.9 100.2 1998. 103.9 104.0 104.0 84.7 107.2 98.3 104.3 99.6 1999. 106.9 106.8 102.0 87.3 108.2 93.7 104.1 102.7 2000. 111.4 108.8 99.0 90.4 105.2 90.6 102.0 109.2 2001. 104.7 109.4 96.1 85.8 101.0 84.0 98.8 105.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MISCELLANEOUS MANUFACTURING (SIC 39) TABLE 3. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (ANNUAL PERCENT CHANGE) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1963. 0.0 -7.5 6.4 4.6 -0.2 3.1 1.9 1.8 1964. 0.5 8.5 3.1 7.1 1.6 1.9 2.9 2.4 1965. 1.8 11.5 1.2 1.5 2.4 2.7 2.8 1.0 1966. 2.4 -4.8 1.8 -3.7 3.3 2.5 1.8 -0.7 1967. 2.0 -1.1 8.7 -37.2 3.6 2.4 4.4 2.3 1968. 2.7 10.1 6.8 20.8 3.3 3.3 5.5 2.7 1969. 2.1 -2.8 6.2 2.9 5.3 2.8 4.6 2.4 1970. 3.3 -14.5 7.3 2.0 4.3 4.8 3.5 0.2 1971. 3.3 17.2 6.5 7.6 2.4 4.8 5.6 2.2 1972. 2.8 15.5 3.9 8.2 5.0 5.6 5.7 2.9 1973. 6.3 1.2 5.2 11.5 9.5 4.3 6.6 0.2 1974. 14.7 -25.2 9.7 34.5 19.2 6.9 9.9 -4.2 1975. 9.7 76.2 3.8 11.2 9.5 7.2 12.7 2.8 1976. 4.4 -3.3 12.8 20.8 5.1 8.0 6.9 2.4 1977. 5.7 7.9 8.1 13.0 6.8 8.4 7.5 1.7 1978. 9.3 -11.8 7.0 11.4 7.0 7.8 5.0 -3.9 1979. 12.9 -0.2 9.9 14.6 12.9 7.3 10.1 -2.5 1980. 19.9 10.6 14.1 18.0 8.7 8.7 10.7 -7.7 1981. 4.0 50.2 8.6 13.9 12.0 9.0 14.3 9.9 1982. 2.2 -6.9 8.5 10.6 2.5 6.7 3.6 1.4 1983. 5.6 -22.2 4.8 6.4 1.8 5.9 0.3 -5.1 1984. -2.5 47.3 9.0 -3.6 3.0 5.8 9.6 12.4 1985. 0.5 13.2 -3.3 0.7 0.9 4.5 1.5 1.1 1986. 1.7 -0.4 2.4 -9.9 0.4 0.7 0.8 -0.9 1987. 1.9 10.7 2.8 -7.3 2.7 4.3 4.0 2.1 1988. 3.6 15.3 5.3 1.5 5.8 5.8 7.1 3.4 1989. 3.6 3.9 2.6 -0.6 0.5 3.3 2.0 -1.5 1990. 2.9 16.5 -0.8 1.7 -3.2 5.3 2.0 -0.9 1991. 2.5 -0.6 2.2 -0.5 -5.5 3.5 -1.2 -3.6 1992. 2.1 -9.7 9.3 14.1 -4.4 4.7 -0.2 -2.3 1993. 1.9 10.5 -0.5 0.6 0.8 2.1 2.2 0.4 1994. 1.2 -1.6 4.0 -3.1 3.5 3.5 2.6 1.4 1995. 2.0 0.1 7.8 -4.4 6.2 2.7 5.1 3.0 1996. 1.8 8.5 3.7 9.9 -2.7 3.7 2.1 0.3 1997. 1.0 9.1 -2.3 -3.2 0.1 2.5 1.2 0.2 1998. 0.6 -3.2 4.3 -10.5 -2.4 3.2 0.1 -0.6 1999. 0.5 9.3 5.1 -0.5 -0.2 2.9 3.6 3.1 2000. 0.3 0.3 15.3 18.0 3.5 3.4 6.6 6.2 2001. 1.0 -4.0 -5.2 2.8 0.5 3.7 -2.0 -3.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 3.0 3.8 5.1 2.8 2.9 4.3 4.0 1.0 1949-1973 1.8 1.8 4.9 -0.1 2.6 3.5 3.4 1.6 1973-2001 4.0 5.4 5.2 5.2 3.2 5.0 4.5 0.5 1973-1979 9.4 3.2 8.5 17.3 10.0 7.6 8.7 -0.7 1979-1990 3.8 10.8 4.8 2.5 3.1 5.4 5.0 1.1 1990-1995 1.9 -0.5 4.5 1.2 0.0 3.3 1.7 -0.2 1995-2000 0.8 4.7 5.1 2.3 -0.4 3.1 2.7 1.8 2000-2001 1.0 -4.0 -5.2 2.8 0.5 3.7 -2.0 -3.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MISCELLANEOUS MANUFACTURING (SIC 39) TABLE 4. OUTPUT PRICE, INPUT PRICES, AND MULTIFACTOR PRODUCTIVITY (INDEXES, 1996=100) SECTOR CAPITAL LABOR PURCHASED COMBINED MULTIFACTOR YEAR OUTPUT SERVICES HOURS ENERGY MATERIALS SERVICES INPUTS PRODUCTIVITY 1949. 22.3 16.3 9.0 25.4 22.6 13.0 14.2 63.9 1953. 24.1 10.8 11.4 23.5 26.0 15.5 16.1 66.8 1954. 24.3 10.8 11.8 19.9 26.2 15.9 16.4 67.3 1955. 24.5 13.8 12.1 19.4 27.1 16.3 17.2 70.2 1956. 25.3 13.9 12.9 20.6 27.5 16.9 17.8 70.5 1957. 25.7 13.6 13.6 20.4 27.6 17.3 18.3 71.2 1958. 25.8 15.6 14.0 17.6 27.7 18.1 18.8 72.7 1959. 26.0 17.5 14.5 20.0 28.1 18.4 19.4 74.8 1960. 26.2 15.2 15.3 21.9 28.1 19.2 19.6 74.9 1961. 26.3 16.9 15.8 23.6 27.6 19.7 19.9 75.9 1962. 26.4 19.1 16.3 22.1 27.9 20.3 20.6 78.0 1963. 26.4 17.7 17.3 23.1 27.8 20.9 21.0 79.4 1964. 26.5 19.2 17.9 24.8 28.3 21.4 21.6 81.3 1965. 27.0 21.4 18.1 25.1 29.0 21.9 22.2 82.1 1966. 27.7 20.4 18.4 24.2 29.9 22.5 22.6 81.6 1967. 28.2 20.1 20.0 15.2 31.0 23.0 23.6 83.5 1968. 29.0 22.2 21.4 18.4 32.0 23.8 24.9 85.7 1969. 29.6 21.6 22.7 18.9 33.7 24.4 26.0 87.8 1970. 30.6 18.4 24.3 19.3 35.2 25.6 26.9 88.0 1971. 31.6 21.6 25.9 20.8 36.0 26.8 28.4 89.9 1972. 32.5 24.9 26.9 22.5 37.8 28.3 30.0 92.5 1973. 34.5 25.2 28.3 25.0 41.4 29.5 32.0 92.7 1974. 39.6 18.9 31.1 33.7 49.4 31.6 35.2 88.8 1975. 43.4 33.2 32.3 37.4 54.0 33.9 39.6 91.3 1976. 45.3 32.2 36.4 45.2 56.8 36.6 42.4 93.5 1977. 48.0 34.7 39.3 51.1 60.6 39.6 45.6 95.1 1978. 52.4 30.6 42.1 57.0 64.8 42.7 47.9 91.4 1979. 59.2 30.5 46.2 65.3 73.2 45.8 52.7 89.0 1980. 70.9 33.8 52.7 77.0 79.6 49.9 58.3 82.2 1981. 73.8 50.7 57.3 87.7 89.2 54.3 66.6 90.3 1982. 75.4 47.3 62.1 97.1 91.5 58.0 69.1 91.6 1983. 79.6 36.8 65.1 103.3 93.2 61.4 69.2 87.0 1984. 77.6 54.2 70.9 99.5 96.0 64.9 75.9 97.7 1985. 78.0 61.3 68.6 100.2 96.8 67.9 77.1 98.8 1986. 79.3 61.1 70.2 90.3 97.2 68.3 77.7 97.9 1987. 80.8 67.6 72.2 83.7 99.8 71.3 80.8 100.0 1988. 83.8 77.9 76.0 85.0 105.6 75.4 86.6 103.3 1989. 86.8 81.0 78.0 84.4 106.1 77.9 88.3 101.8 1990. 89.4 94.3 77.3 85.9 102.7 82.0 90.1 100.9 1991. 91.6 93.7 79.1 85.4 97.0 84.9 89.0 97.2 1992. 93.5 84.6 86.4 97.5 92.8 88.8 88.8 95.0 1993. 95.2 93.5 86.0 98.1 93.5 90.7 90.8 95.4 1994. 96.3 92.1 89.4 95.1 96.7 93.9 93.2 96.7 1995. 98.3 92.2 96.4 91.0 102.7 96.4 97.9 99.7 1996. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1997. 101.0 109.1 97.7 96.8 100.1 102.5 101.2 100.2 1998. 101.6 105.6 101.9 86.7 97.6 105.7 101.2 99.6 1999. 102.1 115.4 107.1 86.2 97.4 108.8 104.9 102.7 2000. 102.5 115.8 123.5 101.7 100.9 112.5 111.9 109.2 2001. 103.5 111.2 117.0 104.5 101.4 116.6 109.6 105.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MISCELLANEOUS MANUFACTURING (SIC 39) TABLE 5. SINGLE-FACTOR OUTPUT/INPUT RATIOS (ANNUAL PERCENTAGE CHANGE) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1963. 0.6 6.2 38.3 -1.2 -5.8 1.8 1964. 5.5 3.5 29.9 0.6 0.5 2.4 1965. 5.9 1.9 19.4 -0.9 -0.4 1.0 1966. -1.2 -1.0 -31.3 0.5 -1.6 -0.7 1967. -3.4 5.5 -71.0 6.2 -8.0 2.3 1968. 2.0 5.2 130.6 -0.9 -1.5 2.7 1969. -1.4 5.9 0.6 2.6 -8.2 2.4 1970. -7.3 1.5 -2.9 2.6 -7.4 0.2 1971. -4.4 5.5 -17.5 1.8 0.4 2.2 1972. 11.7 10.0 26.6 -3.6 -4.5 2.9 1973. -4.6 -1.9 7.7 2.7 1.5 0.2 1974. -11.2 -5.9 1.3 -0.9 -6.6 -4.2 1975. -7.1 2.9 -12.5 6.9 -2.6 2.8 1976. 6.8 6.3 22.3 -2.6 4.2 2.4 1977. 5.2 6.2 7.7 -2.0 -0.3 1.7 1978. -4.6 -4.8 -0.9 -3.5 -2.5 -3.9 1979. -6.9 -1.2 1.1 -1.3 -8.2 -2.5 1980. -10.1 -2.8 -6.2 -9.3 -12.3 -7.7 1981. 3.7 5.5 8.6 14.8 9.2 9.9 1982. -7.2 3.4 3.4 2.6 1.2 1.4 1983. -3.0 -4.1 -5.4 -4.4 -11.5 -5.1 1984. 8.6 9.1 7.6 9.9 39.4 12.4 1985. -7.2 -0.3 7.1 3.8 7.0 1.1 1986. 3.4 1.5 -4.3 -2.2 -9.4 -0.9 1987. 2.2 4.5 -14.7 2.8 -5.4 2.1 1988. 5.5 1.1 4.4 4.4 2.9 3.4 1989. -3.4 -3.0 -4.7 -0.4 2.4 -1.5 1990. 0.2 3.7 -0.6 -5.7 1.6 -0.9 1991. -2.8 -1.1 -1.2 -7.4 1.3 -3.6 1992. 1.2 0.7 14.2 -6.3 -3.7 -2.3 1993. 3.6 1.5 -6.5 -1.8 0.0 0.4 1994. 0.7 -0.9 1.5 2.8 4.6 1.4 1995. 2.4 7.0 -8.3 1.4 0.2 3.0 1996. 1.5 2.6 11.1 -2.4 0.8 0.3 1997. 0.2 -3.1 21.9 2.1 1.7 0.2 1998. -0.3 3.0 0.7 -5.0 4.0 -0.6 1999. 0.2 4.9 -0.2 1.9 7.9 3.1 2000. 2.3 7.4 0.6 7.2 7.7 6.2 2001. -6.5 -3.2 -1.0 -2.1 1.4 -3.0 AVERAGE GROWTH RATES (PERCENT CHANGE AT COMPOUND ANNUAL RATE) 1949-2001 -0.4 2.4 -0.3 0.3 -0.5 1.0 1949-1973 0.2 3.5 -2.1 0.8 -2.1 1.6 1973-2001 -0.9 1.4 1.3 0.0 0.9 0.5 1973-1979 -3.2 0.5 2.6 -0.6 -2.7 -0.7 1979-1990 -0.8 1.6 -0.7 1.3 1.5 1.1 1990-1995 1.0 1.4 -0.4 -2.3 0.4 -0.2 1995-2000 0.8 2.9 6.5 0.7 4.4 1.8 2000-2001 -6.5 -3.2 -1.0 -2.1 1.4 -3.0 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MISCELLANEOUS MANUFACTURING (SIC 39) TABLE 6. SINGLE-FACTOR OUTPUT/INPUT RATIOS (INDEXES, 1996=100) OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER OUTPUT PER MULTIFACTOR YEAR UNIT OF K UNIT OF L UNIT OF E UNIT OF M UNIT OF S PRODUCTIVITY 1962. 122.7 49.1 77.8 94.3 140.5 78.0 1963. 123.4 52.1 107.6 93.2 132.3 79.4 1964. 130.1 54.0 139.8 93.8 132.9 81.3 1965. 137.8 55.0 167.0 92.9 132.4 82.1 1966. 136.1 54.5 114.8 93.4 130.3 81.6 1967. 131.5 57.5 33.3 99.2 119.8 83.5 1968. 134.1 60.5 76.8 98.3 118.0 85.7 1969. 132.2 64.0 77.3 100.8 108.3 87.8 1970. 122.6 65.0 75.1 103.4 100.3 88.0 1971. 117.2 68.6 62.0 105.3 100.8 89.9 1972. 130.9 75.5 78.4 101.5 96.2 92.5 1973. 124.9 74.1 84.5 104.3 97.7 92.7 1974. 111.0 69.7 85.6 103.4 91.2 88.8 1975. 103.1 71.7 74.9 110.5 88.8 91.3 1976. 110.1 76.2 91.6 107.7 92.6 93.5 1977. 115.8 81.0 98.7 105.5 92.3 95.1 1978. 110.5 77.1 97.7 101.9 90.0 91.4 1979. 102.8 76.1 98.8 100.5 82.6 89.0 1980. 92.4 74.0 92.7 91.2 72.5 82.2 1981. 95.9 78.1 100.7 104.6 79.1 90.3 1982. 89.0 80.8 104.1 107.4 80.1 91.6 1983. 86.3 77.4 98.5 102.6 70.9 87.0 1984. 93.7 84.5 106.0 112.8 98.9 97.7 1985. 87.0 84.2 113.5 117.1 105.7 98.8 1986. 89.9 85.5 108.6 114.5 95.8 97.9 1987. 91.9 89.4 92.7 117.7 90.7 100.0 1988. 96.9 90.4 96.7 122.9 93.3 103.3 1989. 93.6 87.7 92.2 122.4 95.5 101.8 1990. 93.8 90.9 91.7 115.4 97.1 100.9 1991. 91.2 90.0 90.6 106.9 98.3 97.2 1992. 92.3 90.6 103.4 100.1 94.7 95.0 1993. 95.6 92.0 96.7 98.3 94.7 95.4 1994. 96.2 91.1 98.2 101.1 99.0 96.7 1995. 98.5 97.5 90.0 102.5 99.2 99.7 1996. 100.0 100.0 100.0 100.0 100.0 100.0 1997. 100.2 96.9 121.9 102.1 101.7 100.2 1998. 99.9 99.9 122.7 97.0 105.7 99.6 1999. 100.1 104.8 122.5 98.8 114.1 102.7 2000. 102.4 112.5 123.2 105.9 122.9 109.2 2001. 95.7 108.9 122.0 103.6 124.6 105.9 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MISCELLANEOUS MANUFACTURING (SIC 39) TABLE 7. VALUE OF PRODUCTION AND FACTOR COSTS (BILLIONS OF CURRENT DOLLARS) VALUE OF CAPITAL LABOR ENERGY COST OF PURCHASED YEAR PRODUCTION PAYMENTS COSTS COSTS MATERIALS SERVICES 1949. 3.105 0.346 1.219 0.026 1.383 0.130 1953. 4.062 0.354 1.708 0.059 1.729 0.212 1954. 3.803 0.348 1.613 0.050 1.589 0.204 1955. 4.179 0.438 1.698 0.058 1.752 0.234 1956. 4.504 0.440 1.831 0.066 1.900 0.267 1957. 4.431 0.431 1.851 0.064 1.812 0.273 1958. 4.615 0.466 1.818 0.066 1.965 0.299 1959. 5.022 0.532 1.978 0.045 2.175 0.292 1960. 5.179 0.469 2.074 0.045 2.265 0.327 1961. 5.314 0.520 2.078 0.042 2.346 0.328 1962. 5.606 0.597 2.208 0.062 2.381 0.358 1963. 5.859 0.573 2.313 0.049 2.514 0.410 1964. 6.232 0.624 2.438 0.043 2.687 0.440 1965. 6.950 0.720 2.650 0.040 3.043 0.497 1966. 7.401 0.722 2.832 0.058 3.251 0.538 1967. 7.670 0.751 2.962 0.128 3.222 0.608 1968. 8.326 0.856 3.177 0.071 3.549 0.674 1969. 9.053 0.899 3.393 0.077 3.880 0.804 1970. 9.141 0.810 3.505 0.079 3.858 0.889 1971. 9.562 1.006 3.583 0.104 3.930 0.939 1972. 11.527 1.219 3.969 0.105 5.017 1.218 1973. 12.323 1.300 4.278 0.109 5.378 1.259 1974. 13.206 1.022 4.661 0.135 6.041 1.347 1975. 13.641 1.826 4.431 0.162 5.826 1.396 1976. 15.620 1.814 5.153 0.175 6.893 1.586 1977. 18.372 2.070 5.829 0.204 8.350 1.918 1978. 19.818 1.890 6.472 0.227 9.136 2.093 1979. 21.432 1.940 6.891 0.246 10.011 2.343 1980. 23.300 2.165 7.337 0.281 10.883 2.634 1981. 25.328 3.278 7.889 0.308 11.105 2.748 1982. 24.989 3.174 7.990 0.318 10.711 2.797 1983. 25.328 2.444 8.378 0.343 10.952 3.210 1984. 27.759 3.727 9.410 0.345 11.538 2.738 1985. 26.911 4.389 8.808 0.313 10.820 2.581 1986. 28.352 4.377 9.197 0.306 11.503 2.969 1987. 30.273 4.969 9.476 0.348 12.048 3.431 1988. 33.387 5.779 10.508 0.360 12.987 3.753 1989. 33.860 6.087 10.877 0.368 12.823 3.707 1990. 35.109 7.126 10.478 0.379 13.257 3.869 1991. 34.705 7.028 10.443 0.368 13.054 3.812 1992. 36.713 6.494 11.738 0.381 13.803 4.296 1993. 39.442 7.310 12.137 0.433 14.940 4.623 1994. 40.784 7.305 13.017 0.422 15.363 4.677 1995. 42.764 7.347 13.485 0.453 16.549 4.930 1996. 44.833 8.085 14.053 0.461 17.008 5.226 1997. 46.221 8.991 14.460 0.374 17.020 5.376 1998. 47.334 8.880 14.899 0.339 17.788 5.428 1999. 48.939 9.967 15.363 0.347 17.936 5.326 2000. 51.174 10.186 17.180 0.424 18.055 5.328 2001. 48.584 9.832 15.808 0.414 17.411 5.119 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004 1 INDUSTRY: MISCELLANEOUS MANUFACTURING (SIC 39) TABLE 8. FACTOR SHARES (FACTOR COST DIVIDED BY THE VALUE OF PRODUCTION) PURCHASED YEAR CAPITAL LABOR ENERGY MATERIALS SERVICES 1949. 0.112 0.393 0.008 0.446 0.042 1952. 0.109 0.411 0.013 0.419 0.048 1953. 0.087 0.421 0.015 0.426 0.052 1954. 0.091 0.424 0.013 0.418 0.054 1955. 0.105 0.406 0.014 0.419 0.056 1956. 0.098 0.406 0.015 0.422 0.059 1957. 0.097 0.418 0.014 0.409 0.062 1958. 0.101 0.394 0.014 0.426 0.065 1959. 0.106 0.394 0.009 0.433 0.058 1960. 0.090 0.400 0.009 0.437 0.063 1961. 0.098 0.391 0.008 0.442 0.062 1962. 0.106 0.394 0.011 0.425 0.064 1963. 0.098 0.395 0.008 0.429 0.070 1964. 0.100 0.391 0.007 0.431 0.071 1965. 0.104 0.381 0.006 0.438 0.071 1966. 0.098 0.383 0.008 0.439 0.073 1967. 0.098 0.386 0.017 0.420 0.079 1968. 0.103 0.382 0.008 0.426 0.081 1969. 0.099 0.375 0.009 0.429 0.089 1970. 0.089 0.383 0.009 0.422 0.097 1971. 0.105 0.375 0.011 0.411 0.098 1972. 0.106 0.344 0.009 0.435 0.106 1973. 0.105 0.347 0.009 0.436 0.102 1974. 0.077 0.353 0.010 0.457 0.102 1975. 0.134 0.325 0.012 0.427 0.102 1976. 0.116 0.330 0.011 0.441 0.102 1977. 0.113 0.317 0.011 0.455 0.104 1978. 0.095 0.327 0.011 0.461 0.106 1979. 0.091 0.322 0.011 0.467 0.109 1980. 0.093 0.315 0.012 0.467 0.113 1981. 0.129 0.311 0.012 0.438 0.109 1982. 0.127 0.320 0.013 0.429 0.112 1983. 0.097 0.331 0.014 0.432 0.127 1984. 0.134 0.339 0.012 0.416 0.099 1985. 0.163 0.327 0.012 0.402 0.096 1986. 0.154 0.324 0.011 0.406 0.105 1987. 0.164 0.313 0.012 0.398 0.113 1988. 0.173 0.315 0.011 0.389 0.112 1989. 0.180 0.321 0.011 0.379 0.109 1990. 0.203 0.298 0.011 0.378 0.110 1991. 0.202 0.301 0.011 0.376 0.110 1992. 0.177 0.320 0.010 0.376 0.117 1993. 0.185 0.308 0.011 0.379 0.117 1994. 0.179 0.319 0.010 0.377 0.115 1995. 0.172 0.315 0.011 0.387 0.115 1996. 0.180 0.313 0.010 0.379 0.117 1997. 0.195 0.313 0.008 0.368 0.116 1998. 0.188 0.315 0.007 0.376 0.115 1999. 0.204 0.314 0.007 0.367 0.109 2000. 0.199 0.336 0.008 0.353 0.104 2001. 0.202 0.325 0.009 0.358 0.105 SOURCE: BUREAU OF LABOR STATISTICS, U.S. DEPARTMENT OF LABOR, FEBRUARY 10, 2004