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 r136.1 162.8 r119.6 r168.0 r120.7 r123.5 r133.4 127.2
II r136.6 164.0 r120.1 r168.1 r119.7 r123.1 r136.2 128.0
III r135.9 164.1 r120.8 r169.0 r119.1 r124.3 r136.2 128.8
IV r135.9 164.8 r121.2 r172.6 r122.1 r127.0 r133.4 129.4
ANNUAL r136.1 163.9 r120.4 r169.5 r120.4 r124.5 r134.8 128.3
2007 I r135.9 164.5 r121.0 r174.7 r122.4 128.5 134.3 130.7
II r137.6 166.8 r121.2 r175.5 r121.6 r127.5 r137.4 131.2
III r139.7 169.0 r121.0 r177.0 r121.9 r126.7 r139.7 131.6
IV r139.7 168.8 r120.8 r178.9 r121.7 r128.1 r139.2 132.2
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 r180.6 r121.5 r128.5 r140.2 132.9
II r142.0 r170.4 r120.0 r182.3 r121.2 r128.4 r141.3 r133.2
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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 r10.6 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 r-0.1 -0.7 r-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 r-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 r2.3 0.7 r-1.6 r3.6 r-0.6 r1.3 r3.1 2.0
II r4.3 r3.2 r-1.0 r4.0 r-1.0 r-0.4 r3.0 r0.9
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Percent change from corresponding quarter of previous year
2006 I 1.3 3.6 2.3 r4.3 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 r0.7 1.7 r1.0 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 r-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 r3.4 r-0.7 r0.0 r4.4 1.7
II r3.2 r2.2 r-1.0 r3.9 r-0.4 r0.7 r2.8 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
