Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Table 2. Nonfarm 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 r135.1 163.2 r120.8 r166.8 r119.8 r123.5 r135.5 127.9
II r135.7 164.3 r121.1 r167.1 r118.9 r123.2 r138.6 128.8
III r135.0 164.4 r121.8 r167.9 r118.3 r124.4 r138.3 129.5
IV r135.0 165.0 r122.2 r171.7 r121.4 r127.1 r134.8 130.0
ANNUAL r135.2 164.2 r121.5 r168.4 r119.6 r124.6 r136.8 129.1
2007 I r135.0 164.7 r122.0 r173.7 r121.8 128.7 r135.2 131.1
II r136.4 167.0 r122.4 r174.1 r120.7 r127.7 r138.2 131.5
III r138.3 169.2 r122.3 r175.5 r120.8 r126.9 r140.3 131.8
IV r138.6 168.9 r121.9 r177.8 r120.9 r128.3 r139.8 132.5
ANNUAL 137.1 167.5 122.2 175.3 121.1 127.9 138.4 131.7
2008 I 139.5 169.3 121.4 r179.5 r120.8 r128.7 r141.0 133.2
II r141.0 r170.7 r121.1 r181.1 r120.4 r128.5 r142.2 r133.5
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Percent change from previous quarter at annual rate(5)
2006 I 2.5 6.0 3.3 5.2 3.3 2.6 3.9 3.1
II 1.8 2.9 1.1 0.7 -2.8 -1.1 9.4 2.9
III -2.1 0.3 2.4 r1.9 -2.0 4.1 -0.9 2.1
IV 0.2 1.4 1.2 r9.3 11.0 9.1 -9.5 1.5
ANNUAL 1.0 3.2 2.2 3.8 0.5 2.8 3.6 3.1
2007 I 0.0 -0.9 r-0.8 4.9 1.2 4.9 0.9 3.4
II 4.1 5.8 1.6 0.8 -3.6 -3.2 9.4 1.5
III 5.8 5.5 -0.3 3.3 0.5 -2.4 6.3 0.9
IV 0.8 -0.7 -1.6 r5.3 r0.3 4.5 r-1.5 2.1
ANNUAL 1.4 2.0 0.5 4.1 1.3 2.7 1.2 2.1
2008 I 2.6 0.9 r-1.7 r3.8 r-0.4 r1.2 r3.6 2.1
II r4.3 r3.4 r-0.8 r3.7 r-1.3 r-0.5 r3.3 r0.9
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Percent change from corresponding quarter of previous year
2006 I 1.3 3.7 2.4 4.2 0.5 2.9 4.3 3.4
II 1.7 3.7 2.0 3.9 0.0 2.2 5.9 3.6
III 0.3 2.6 2.3 2.9 -0.5 2.6 3.8 3.1
IV 0.6 2.6 2.0 4.3 2.2 3.6 0.5 2.4
ANNUAL 1.0 3.2 2.2 3.8 0.5 2.8 3.6 3.1
2007 I 0.0 0.9 r1.0 4.2 1.7 4.2 -0.2 2.5
II 0.5 1.6 1.1 4.2 1.5 3.7 -0.2 2.1
III 2.5 2.9 0.4 r4.5 r2.1 2.0 1.5 1.8
IV 2.7 2.4 -0.3 3.6 -0.4 0.9 3.7 2.0
ANNUAL 1.4 2.0 0.5 4.1 1.3 2.7 1.2 2.1
2008 I 3.3 2.8 -0.5 r3.3 r-0.8 r0.0 r4.3 1.6
II r3.4 r2.2 r-1.1 r4.0 r-0.2 r0.6 r2.9 r1.5
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See footnotes following Table 6. September 4, 2008
r=revised Source: Bureau of Labor Statistics
Last Modified Date: September 04, 2008
Bureau of Labor Statistics
