Table 1. Business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Table 1. Business sector: Productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
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Indexes 1992=100
2006 I 136.1 162.8 119.6 168.0 120.7 123.5 133.4 127.2
II 136.6 164.0 120.1 168.1 119.7 123.1 136.2 128.0
III 135.9 164.1 120.8 169.0 119.1 124.3 136.2 128.8
IV 135.9 164.8 121.2 172.6 122.1 127.0 133.4 129.4
ANNUAL 136.1 163.9 120.4 169.5 120.4 124.5 134.8 128.3
2007 I 135.9 164.5 121.0 174.7 122.4 128.5 134.3 130.7
II 137.6 166.8 121.2 175.5 121.6 127.5 137.4 131.2
III 139.7 169.0 121.0 177.0 121.9 126.7 139.7 131.6
IV 139.7 168.8 120.8 178.9 121.7 128.1 139.2 132.2
ANNUAL 138.2 167.3 121.0 176.5 121.9 127.7 137.7 131.4
2008 I 140.5 169.1 120.3 180.6 121.5 128.5 140.2 132.9
II r141.8 r170.2 r120.0 r182.2 r121.2 r128.6 r140.9 r133.2
III 142.2 169.5 119.2 184.3 120.6 129.6 143.1 134.7
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Percent change from previous quarter at annual rate(5)
2006 I 2.6 5.6 3.0 5.5 3.6 2.8 3.1 3.0
II 1.4 2.9 1.5 0.2 -3.3 -1.2 8.6 2.6
III -2.0 0.3 2.4 2.0 -1.9 4.1 -0.1 2.4
IV 0.2 1.7 1.5 9.0 10.6 8.8 -8.0 1.9
ANNUAL 0.9 3.0 2.1 3.8 0.5 2.9 3.3 3.0
2007 I -0.1 -0.7 -0.6 4.8 1.1 4.8 2.8 4.0
II 5.0 5.6 0.6 1.9 -2.6 -2.9 9.6 1.7
III 6.2 5.5 -0.7 3.6 0.8 -2.5 6.9 1.1
IV 0.1 -0.6 -0.7 4.4 -0.6 4.3 -1.6 2.0
ANNUAL 1.5 2.0 0.5 4.2 1.3 2.6 2.1 2.4
2008 I 2.3 0.7 -1.6 3.6 -0.6 1.3 3.1 2.0
II r3.7 r2.6 -1.0 r3.8 r-1.2 r0.1 r2.0 0.9
III 1.3 -1.5 -2.8 4.7 -1.9 3.4 6.3 4.5
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Percent change from corresponding quarter of previous year
2006 I 1.3 3.6 2.3 4.3 0.5 2.9 3.9 3.3
II 1.7 3.5 1.8 4.0 0.1 2.3 5.2 3.4
III 0.2 2.4 2.2 2.9 -0.4 2.7 3.5 3.0
IV 0.5 2.6 2.1 4.1 2.1 3.6 0.7 2.5
ANNUAL 0.9 3.0 2.1 3.8 0.5 2.9 3.3 3.0
2007 I -0.1 1.0 1.2 3.9 1.5 4.1 0.7 2.7
II 0.7 1.7 1.0 4.4 1.7 3.6 0.9 2.5
III 2.8 3.0 0.2 4.8 2.4 1.9 2.6 2.2
IV 2.8 2.4 -0.3 3.7 -0.3 0.9 4.3 2.2
ANNUAL 1.5 2.0 0.5 4.2 1.3 2.6 2.1 2.4
2008 I 3.4 2.8 -0.6 3.4 -0.7 0.0 4.4 1.7
II r3.0 r2.0 -1.0 3.9 -0.4 r0.8 r2.6 1.5
III 1.8 0.3 -1.5 4.1 -1.1 2.3 2.4 2.3
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See footnotes following Table 6. November 6, 2008
r=revised Source: Bureau of Labor Statistics
Table of Contents
Last Modified Date: November 06, 2008
