Average growth rate of public capital stock and productivity, 1953–2007
| Year | Public, non-defense capital stock | Productivity |
|---|---|---|
| 1953 | 0.03684237 | 0.033595749 |
| 1954 | 0.038803541 | 0.030755357 |
| 1955 | 0.040131296 | 0.0258616 |
| 1956 | 0.041343655 | 0.018996225 |
| 1957 | 0.042828597 | 0.020545578 |
| 1958 | 0.045062931 | 0.020443147 |
| 1959 | 0.045743394 | 0.024275566 |
| 1960 | 0.045894415 | 0.018136122 |
| 1961 | 0.046852809 | 0.025816267 |
| 1962 | 0.04768304 | 0.029745028 |
| 1963 | 0.04830929 | 0.032300917 |
| 1964 | 0.049582774 | 0.030481177 |
| 1965 | 0.051433975 | 0.034323801 |
| 1966 | 0.052730716 | 0.035258363 |
| 1967 | 0.053354609 | 0.029691955 |
| 1968 | 0.052820325 | 0.029503187 |
| 1969 | 0.050495992 | 0.023979619 |
| 1970 | 0.046664112 | 0.020781667 |
| 1971 | 0.042045308 | 0.021631672 |
| 1972 | 0.037376546 | 0.024781103 |
| 1973 | 0.03307254 | 0.024238037 |
| 1974 | 0.029963043 | 0.020683482 |
| 1975 | 0.02781989 | 0.02319515 |
| 1976 | 0.026056399 | 0.021886411 |
| 1977 | 0.024256394 | 0.018370551 |
| 1978 | 0.023320379 | 0.014710593 |
| 1979 | 0.022677894 | 0.01711998 |
| 1980 | 0.022259702 | 0.011088725 |
| 1981 | 0.021406577 | 0.007228751 |
| 1982 | 0.020500196 | 0.001980694 |
| 1983 | 0.019013744 | 0.008147735 |
| 1984 | 0.018084111 | 0.012980078 |
| 1985 | 0.017847179 | 0.016771477 |
| 1986 | 0.018636581 | 0.020123499 |
| 1987 | 0.020140936 | 0.022835355 |
| 1988 | 0.021575289 | 0.01733714 |
| 1989 | 0.02245556 | 0.01483979 |
| 1990 | 0.023256436 | 0.015252407 |
| 1991 | 0.023750581 | 0.012173284 |
| 1992 | 0.024075797 | 0.019578327 |
| 1993 | 0.023996901 | 0.017392411 |
| 1994 | 0.023394006 | 0.01791305 |
| 1995 | 0.022690815 | 0.015058417 |
| 1996 | 0.022544796 | 0.01713876 |
| 1997 | 0.022291709 | 0.012206963 |
| 1998 | 0.02264132 | 0.016973074 |
| 1999 | 0.023786588 | 0.021561074 |
| 2000 | 0.024490945 | 0.027532787 |
| 2001 | 0.02473161 | 0.028216116 |
| 2002 | 0.02543878 | 0.034274741 |
| 2003 | 0.025768081 | 0.035761079 |
| 2004 | 0.025092398 | 0.034418569 |
| 2005 | 0.023943797 | 0.030908479 |
| 2006 | 0.023054947 | 0.026847886 |
| 2007 | 0.021818378 | 0.020807516 |
Note: Public capital excludes defense capital stock. Productivity measures, which cover the nonfarm business sector, are in five-year averages.
Source: Author's analysis of Bureau of Economic Analysis Fixed-Assets Accounts (Table 7.6A and 7.6B) and Bureau of Labor Statistics Labor Costs and Productivity public data series