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
             Output                            Compen-    compen-               Unit       Implicit
 Year        per hour               Hours      sation     sation      Unit      nonlabor   price
 and         of all                 of all     per hour   per hour    labor     payments   deflator
 quarter     persons     Output     persons      (1)        (2)       costs       (3)        (4)
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate(5)

2012 II        2.5 r       2.6 r      0.1 r      3.7 r      2.9 r      1.2 r      2.0 r      1.5 r
     I        -0.6         2.7        3.3        5.6 r      3.1 r      6.3 r     -4.2 r      1.7  

2011 ANNUAL    0.4         2.4        1.9        2.6       -0.5        2.2        2.3        2.2  

2011 IV        2.9         5.4        2.5       -0.6       -1.9       -3.4        4.5       -0.1  
     III       0.5         1.7        1.2       -0.3       -3.4       -0.8        9.7        3.5  
     II        1.1         2.9        1.8        0.2       -4.0       -0.9        8.8        3.0  
     I        -2.5        -0.5        2.1        8.9        4.1       11.7      -10.4        1.9  

2010 ANNUAL    3.0         3.0        0.0        2.0        0.3       -1.0        5.3        1.5  

2010 IV        1.5         3.4        1.9        0.3       -2.6       -1.1        7.5        2.4  
     III       3.2         4.7        1.4        2.0        0.6       -1.1        5.8        1.7  
     II       -0.6         2.9        3.5        2.5        2.8        3.1       -0.1        1.8  
     I         2.2         3.1        0.9        1.1        0.2       -1.1        4.9        1.4  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2012 II        1.3 r       3.1 r      1.8 r      2.1 r      0.2 r      0.8 r      2.9 r      1.7 r
     I         0.9         3.2        2.2        1.2 r     -1.6 r      0.2 r      4.6 r      2.0  

2011 ANNUAL    0.4         2.4        1.9        2.6       -0.5        2.2        2.3        2.2  

2011 IV        0.5         2.4        1.9        2.0       -1.3        1.5        2.8        2.1  
     III       0.1         1.9        1.8        2.2       -1.5        2.1        3.6        2.7  
     II        0.8         2.6        1.8        2.8       -0.5        2.0        2.6        2.3  
     I         0.4         2.6        2.2        3.4        1.2        3.0        0.5        1.9  

2010 ANNUAL    3.0         3.0        0.0        2.0        0.3       -1.0        5.3        1.5  

2010 IV        1.5         3.5        1.9        1.5        0.2       -0.1        4.5        1.8  
     III       2.4         3.9        1.4        1.6        0.4       -0.8        5.1        1.6  
     II        3.1         2.9       -0.2        1.7       -0.1       -1.4        5.9        1.5  
     I         5.0         1.6       -3.2        2.6        0.3       -2.2        6.2        1.1  
---------------------------------------------------------------------------------------------------
                                         Indexes 2005=100

2012 II      111.2 r     107.4 r     96.6 r    120.9 r    103.1 r    108.7 r    121.1 r    113.6 r
     I       110.5       106.7       96.6      119.8 r    102.4 r    108.4 r    120.5 r    113.2  

2011 ANNUAL  110.0       104.6       95.1      118.4      102.8      107.7      118.7      112.0  

2011 IV      110.7       106.0       95.8      118.1      101.6      106.7      121.8      112.7  
     III     109.9       104.6       95.2      118.3      102.1      107.6      120.5      112.7  
     II      109.8       104.2       94.9      118.4      103.0      107.9      117.7      111.8  
     I       109.5       103.5       94.5      118.4      104.0      108.1      115.3      110.9  

2010 ANNUAL  109.5       102.2       93.3      115.4      103.3      105.4      116.0      109.6  

2010 IV      110.2       103.6       94.0      115.9      103.0      105.1      118.5      110.4  
     III     109.8       102.7       93.5      115.8      103.7      105.4      116.4      109.8  
     II      108.9       101.5       93.2      115.2      103.5      105.7      114.7      109.3  
     I       109.1       100.8       92.4      114.5      102.8      104.9      114.8      108.8  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                  September 5, 2012
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: September 05, 2012