Growth of labor productivity, capital, information equipment, and software, 1973–2014
1973–1995 | 1995–2002 | 2002–2007 | 2007–2014 | |
---|---|---|---|---|
Labor productivity | 1.5% | 3.3 | 2.2 | 1.5 |
Capital | 3.8 | 5.0 | 3.0 | 1.7 |
Information equipment | 3.1 | 2.5 | 1.2 | 0.7 |
Software | 1.6 | 1.3 | 0.5 | 0.3 |
Source: EPI analysis of Fernald (2014) data, San Francisco Federal Reserve Board