This was the eighth consecutive year of growth, but the lowest increase since 1995. In 1999, capital services grew by 6.6 percent, while labor input grew by 2.9 percent. Capital services showed the steepest gain since the series started in 1948. Multifactor productivity is designed to measure the joint influences on economic growth of technological change, efficiency improvements, returns to scale, reallocation of resources, and other factors. These data are a product of the BLS Multifactor Productivity program.
Data are subject to revision.
The Bureau of Labor Statistics is an agency within the U.S. Department of Labor .