Productivity and Costs News Release



Transmission of material in this release is embargoed until      USDL-10-1101
8:30 a.m. (EDT) Tuesday, August 10, 2010
Technical information: (202) 691-5606   dprweb@bls.gov  www.bls.gov/lpc
Media contact:         (202) 691-5902   PressOffice@bls.gov

         		
         		PRODUCTIVITY AND COSTS
         	  Second Quarter 2010, Preliminary 
         
Nonfarm business sector labor productivity decreased at a 0.9 percent 
annual rate during the second quarter of 2010, the U.S. Bureau of 
Labor Statistics reported today, with output and hours rising 2.6 
percent and 3.6 percent, respectively. (All quarterly percent changes 
in this release are seasonally adjusted annual rates.) The decline in 
output per hour follows five quarters of strong productivity growth. 
The second-quarter gain in hours worked was the largest since the 
first quarter of 2006 when hours rose 4.1 percent. From the second 
quarter of 2009 to the second quarter of 2010, both productivity and 
output increased 3.9 percent; hours were unchanged (tables A and 2). 

Labor productivity, or output per hour, is calculated by dividing an 
index of real output by an index of hours worked of all persons, 
including employees, proprietors, and unpaid family workers.

------------------------------------------------------------------------
Data in this release reflect the regular multi-year revision to the 
National Income and Product Accounts (NIPA) released by the Bureau of 
Economic Analysis of the U.S. Department of Commerce on July 30, 2010. 
See Revised Measures. The presentation of the data in tables 1-6 has 
been reformatted, with the first panel displaying percent changes from 
the previous quarter, the second displaying percent changes from the 
corresponding quarter of the previous year, and the third displaying 
indexes. The index series have been rebased from 1992=100 to 2005=100. 
Data are presented in reverse chronological order. 
------------------------------------------------------------------------

Unit labor costs in nonfarm businesses edged up 0.2 percent in the 
second quarter of 2010, the result of productivity declining more than 
hourly compensation. Over the last four quarters, unit labor costs 
fell 2.8 percent as output per hour increased faster than hourly 
compensation (tables A and 2).

BLS defines unit labor costs as the ratio of hourly compensation to 
labor productivity; increases in hourly compensation tend to increase 
unit labor costs and increases in output per hour tend to reduce them.

Manufacturing sector productivity grew 4.5 percent in the second 
quarter of 2010, as output rose 8.3 percent and hours worked increased 
3.6 percent. Durable manufacturing sector productivity increased 11.2 
percent as the increase in output outpaced the increase in hours. The 
reverse was true for nondurable manufacturing industries, where 
productivity decreased 2.8 percent, given that the increase in hours 
was larger than the increase in output (tables A, 3, 4 and 5).

Unit labor costs in manufacturing declined 6.1 percent in the second 
quarter of 2010 and fell 6.9 percent over the last four quarters 
(tables A and 3). The four-quarter decline was the largest in the 
series, which begins in the first quarter of 1988.

The data sources and methods used in the preparation of the 
manufacturing output series differ from those used in preparing the 
business and nonfarm business output series, and these measures are 
not directly comparable. See Technical Notes for further information 
on data sources.

Nonfinancial corporate sector productivity increased 9.1 percent in 
the first quarter of 2010 as output and hours rose 11.4 percent and 
2.1 percent, respectively (tables D and 6).

Revised measures

Measures of output for the business and nonfarm business sectors and 
compensation for all sectors incorporate the revised National Income 
and Product Accounts (NIPA) data released on July 30 by the Bureau of 
Economic Analysis, U.S. Department of Commerce. These revisions begin 
in the first quarter of 2007. Output measures for all manufacturing 
sectors reflect historically revised indexes of industrial production 
released by the Board of Governors of the Federal Reserve System on 
June 25. Hours measures for all sectors were revised for 2003 forward 
to include revised NIPA data on employment in government enterprises 
and the proportion of total compensation paid to employees of 
corporations, in addition to 2007 U.S. Census Bureau data on 
employment in tax-exempt organizations. Table B presents previous and 
revised productivity and related measures for the business, nonfarm 
business and manufacturing sectors for the first quarter of 2010 and 
table C presents annual data for nonfarm business and total 
manufacturing from 2007 to 2009. Revised quarterly and annual series 
for recent years appear in tables 1-6 and in appendix tables 1-6. Full 
historical annual and quarterly measures can be found on the 
productivity and costs home page http://www.bls.gov/lpc/#data. 

In the first quarter of 2010, nonfarm business productivity growth was 
revised up to 3.9 percent from 2.8 percent, reflecting an upward 
revision to output as hours rose at the same 1.1 percent rate reported 
previously. Unit labor costs fell 3.7 percent in the first quarter, a 
larger decline than reported June 3. In the manufacturing sector, 
productivity growth in the first quarter was revised down to 1.2 
percent from 1.5 percent. Unit labor costs declined 6.2 percent rather 
than falling 1.5 percent as previously reported, reflecting a 5.0 
percentage point downward revision to hourly compensation.

For the year 2009, nonfarm business productivity growth was revised 
down to 3.5 percent from the 3.7 percent increase reported June 3, the 
result of a small downward revision to output and a small upward 
revision to hours (table C). Unit labor costs declined less than 
previously reported. Small revisions to nonfarm business output, hours 
and unit labor costs did not alter the fact that these three measures 
displayed the largest annual declines since the series began in 1948. 
In manufacturing, productivity growth was revised up slightly to 2.0 
percent, as output was revised up and hours were not revised. The 
decreases in manufacturing output (-10.9 percent) and hours (-12.6 
percent) were the largest in the series, which extend back to 1988.

The largest revisions to annual data occur in 2008. In both nonfarm 
business and manufacturing, productivity growth was revised down along 
with output; hours were not revised. The 0.7 percent decrease in 
manufacturing productivity was the only annual productivity decline in 
the series, which begins in 1988. Also in both sectors, unit labor 
costs were revised up due to the combined effect of downward revisions 
to productivity and small upward revisions to hourly compensation. The 
increase in manufacturing unit labor costs (4.6 percent) was the 
largest in the series, which begins in 1988.

For the year 2007, nonfarm business productivity was revised down to 
1.6 percent from 1.8 percent as output was revised down. Unit labor 
costs were revised up slightly. In manufacturing, productivity, hours 
and output changed at the same rate previously reported. Hourly 
compensation rose 1.0 percentage point less than previously reported, 
resulting in a similar downward revision to unit labor costs. 

As revised, nonfarm business productivity increased at an average 
annual rate of 2.5 percent from 2000 to 2009 rather than the 2.7 
percent rate reported previously. Manufacturing productivity grew at 
an annual average rate of 3.0 percent from 2000 to 2009, revised down 
from 3.2 percent.

In the nonfinancial corporate sector, revisions to output, hours and 
compensation affected productivity and unit labor costs for 2007 
forward. For the year 2009, productivity was revised downward to 1.6 
percent due to a downward revision in output (table D). In 2008 
productivity was revised up 0.5 percentage point as output was revised 
by the same amount. In 2007 productivity was revised down to 0.6 
percent from 1.0 percent as a downward revision to output combined 
with an upward revision to hours (table 6 and appendix table 6). 
---------------



The revised Productivity and Costs press release for second-quarter 
2010 is scheduled to be released on Thursday, September 2, 2010 at 
8:30 a.m. (EDT).


======================================================================================================
Table A. Preliminary second-quarter 2010 measures: percent change from previous quarter at annual rate 
        (Q to Q) and from same quarter a year ago (Y to Y)

Sector                   Nonfarm                                         Durable         Nondurable
                         Business         Business       Manufacturing   Manufacturing   Manufacturing
                       Q to Q   Y to Y  Q to Q  Y to Y  Q to Q  Y to Y  Q to Q  Y to Y  Q to Q  Y to Y
------------------------------------------------------------------------------------------------------                       
Productivity            -0.9      3.9     -1.1    3.9    4.5      7.5     11.2    11.6    -2.8    3.0
Output                   2.6      3.9      2.6    3.9    8.3      8.3     14.1    12.1     2.2    4.3
Hours                    3.6      0.0      3.8    0.0    3.6      0.8      2.7     0.4     5.1    1.3
Hourly 
 compensation           -0.7      1.0     -0.9    1.0   -1.9      0.1     -1.5     0.2    -2.4    0.1
Real hourly
 compensation            0.0     -0.7     -0.2   -0.7   -1.2     -1.6     -0.7    -1.6    -1.7   -1.6
Unit labor 
 costs                   0.2     -2.8      0.2   -2.8   -6.1     -6.9    -11.4   -10.2     0.5   -2.8
======================================================================================================
Table B. Revised and previous measures, first quarter 2010
Sector            Nonfarm                                             Durable           Nondurable
                  Business         Business         Manufacturing     Manufacturing     Manufacturing
              Revised Previous  Revised Previous  Revised Previous  Revised Previous  Revised Previous
------------------------------------------------------------------------------------------------------ 
                              Percent change, annual rate, first quarter 2010
Productivity    3.9     2.8       3.5     2.3       1.2      1.5      2.0     3.0        1.0       0.9
Output          5.0     4.0       5.0     3.7       7.0      7.2      9.2    10.2        4.6       4.4
Hours           1.1     1.1       1.4     1.4       5.7      5.6      7.1     7.0        3.5       3.4
Hourly 
 compensation   0.0     1.5      -0.2     1.2      -5.0      0.0     -5.8    -0.4       -4.0       0.3
Real hourly
 compensation  -1.5     0.0      -1.7    -0.2      -6.4     -1.5     -7.2    -1.8       -5.4      -1.2
Unit labor
 costs         -3.7    -1.3      -3.6    -1.0      -6.2     -1.5     -7.6    -3.3       -5.0      -0.6
===================================================================================================================
Table C. Revised and previous annual average measures, 2007-2009
Sector                       Nonfarm Business                  |                 Manufacturing
                  2009             2008              2007      |       2009            2008             2007  
             Revised Previous Revised Previous Revised Previous| Revised Previous Revised Previous Revised Previous
---------------------------------------------------------------|---------------------------------------------------
                             Percent change                    |                 Percent change
Productivity   3.5     3.7      1.0    2.0       1.6     1.8   |     2.0    1.8      -0.7    1.1      3.4    3.4
Output        -3.8    -3.6     -1.1   -0.1       2.1     2.3   |   -10.9  -11.1      -4.7   -3.0      1.6    1.6
Hours         -7.0    -7.1     -2.1   -2.1       0.5     0.5   |   -12.6  -12.6      -4.0   -4.0     -1.7   -1.7
Hourly                                                         |
 compensation  1.9     1.8      3.3    3.0       4.0     4.2   |     5.2    4.6       4.0    3.1      3.3    4.3
Real hourly                                                    |
 compensation  2.2     2.2     -0.5   -0.8       1.1     1.3   |     5.6    5.0       0.1   -0.7      0.4    1.4
Unit labor                                                     |
 costs        -1.6    -1.9      2.2    1.0       2.4     2.3   |     3.2    2.7       4.6    2.0     -0.1    0.9
==================================================================================================================
Table D.  Nonfinancial corporations: Revised and previous first-quarter 2010 measures, and revised 
          annual measures, 2007-2009
                                                        Real 
                                           Hourly       hourly        Unit                    Implicit
             Produc-                       compen-      compen-       labor       Unit        price
             tivity    Output     Hours    sation       sation        costs       profits     deflator
------------------------------------------------------------------------------------------------------
                             Percent change, annual rate, first quarter 2010
Revised       9.1       11.4        2.1      0.0         -1.4          -8.4         63.7        -2.1
Previous      4.2        6.4        2.1      1.7          0.2          -2.4         18.5        -1.2
                                   Percent change, annual average
2009          1.6       -6.0       -7.5      2.2          2.6           0.6         -2.5         0.8
2008          2.7        0.9       -1.7      3.5         -0.3           0.8        -14.2        -0.3
2007          0.6        1.4        0.8      3.5          0.6           2.9        -10.7         1.7
======================================================================================================



                           TECHNICAL NOTES

Labor Hours: Hours data for the labor productivity and cost measures 
include hours for all persons working in the sector-wage and salary 
workers, the self-employed and unpaid family workers.  The primary 
source of hours and employment data is the BLS Current Employment 
Statistics (CES) program, which provides monthly survey data on the 
number of jobs held by wage and salary workers in nonfarm 
establishments.  The CES also provides average weekly paid hours of 
production and nonsupervisory workers in these establishments.  Weekly 
paid hours are adjusted to hours at work using data from the National 
Compensation Survey (NCS).  The BLS Hours at Work survey, conducted 
for this purpose, was used for earlier years.  The Office of 
Productivity and Technology estimates average weekly hours at work for 
nonproduction and supervisory workers using information from the 
Current Population Survey (CPS), the CES, and the NCS.
     Data from the CPS are used for farm labor, nonfarm proprietors, 
and nonfarm unpaid family workers.  Estimates of labor input for 
government enterprises are derived from the CPS, the CES, and the 
National Income and Product Accounts (NIPA) prepared by the Bureau of 
Economic Analysis (BEA) of the Department of Commerce.
     The CES measures jobs, counting a person who is employed by two or 
more establishments at each place of employment. In contrast, the CPS 
features measures of employment that count each person only once and 
classify each person according to his or her primary job; hours worked 
at all jobs by that person accrue to his or her primary job.  However, 
the CPS also collects more detailed information on employment and 
hours worked at primary jobs and all other jobs, separately.  The BLS 
productivity measures use the more detailed information on employment 
and hours to assign all hours worked to the correct industrial sector 
and avoid duplicating hours data from the CES.

Output: Business sector output is a chain-type, current-weighted index 
constructed after excluding from gross domestic product (GDP) the 
following outputs: general government, nonprofit institutions, and 
private households (including owner-occupied housing). Corresponding 
exclusions also are made in labor inputs. Business output accounted 
for about 75 percent of the value of GDP in 2009. Nonfarm business, 
which excludes farming, accounted for about 74 percent of GDP in 2009.
     Annual indexes for manufacturing and its durable and nondurable 
goods components are constructed by deflating current-dollar industry 
value of production data from the U.S. Bureau of the Census with 
deflators from the BLS.  These deflators are based on data from the 
BLS producer price program and other sources.  The industry shipments 
are aggregated using annual weights, and intrasector transactions are 
removed.  Quarterly manufacturing output measures are based on the 
index of industrial production prepared monthly by the Board of 
Governors of the Federal Reserve System, adjusted to be consistent 
with annual indexes of manufacturing sector output prepared by BLS.  
Durables include the following 3-digit NAICS industries: wood product 
manufacturing; nonmetallic mineral product manufacturing; primary 
metal manufacturing; fabricated metal product manufacturing; machinery 
manufacturing; computer and electronic product manufacturing; 
electrical equipment and appliance manufacturing; transportation 
equipment manufacturing; furniture and related product manufacturing; 
and miscellaneous manufacturing. Nondurables include: food 
manufacturing; beverage and tobacco product manufacturing; textile 
mills; textile product mills; apparel manufacturing; leather and 
allied product manufacturing; paper manufacturing; printing and 
related support activities; petroleum and coal products manufacturing; 
chemical manufacturing; and plastics and rubber products 
manufacturing.
     Nonfinancial corporate output is a chain-type, current-weighted 
index calculated on the basis of the costs incurred and the incomes 
earned from production.  The output measure excludes the following 
outputs from GDP: general government; nonprofit institutions; private 
households; unincorporated business; and those corporations classified 
as offices of bank holding companies, offices of other holding 
companies, or offices in the finance and insurance sector. 
Nonfinancial corporations accounted for about 47 percent of the value 
of GDP in 2009.
     
Productivity: These productivity measures describe the relationship 
between real output and the labor time involved in its production. 
They show the changes from period to period in the amount of goods and 
services produced per hour. Although these measures relate output to 
hours at work of all persons engaged in a sector, they do not measure 
the specific contribution of labor, capital, or any other factor of 
production. Rather, they reflect the joint effects of many influences, 
including changes in technology; capital investment; level of output; 
utilization of capacity, energy, and materials; the organization of 
production; managerial skill; and the characteristics and effort of 
the work force.

Labor Compensation: The measure includes accrued wages and salaries, 
supplements, employer contributions to employee benefit plans, and 
taxes.  Estimates of labor compensation by major sector, required for 
measures of hourly compensation and unit labor costs, are based 
primarily on employee compensation data from the NIPA, prepared by the 
BEA.  The compensation of employees in general government, nonprofit 
institutions and private households are subtracted from compensation 
of domestic employees to derive employee compensation for the business 
sector. The labor compensation of proprietors cannot be explicitly 
identified and must be estimated.  This is done by assuming that 
proprietors have the same hourly compensation as employees in the same 
sector.  The quarterly labor productivity and cost measures do not 
contain estimates of compensation for unpaid family workers.  
      
Unit Labor Costs:  The measures of unit labor costs in this release 
describe the relationship between compensation per hour and 
productivity, or real output per hour, and can be used as an indicator 
of inflationary pressure on producers.  Increases in hourly 
compensation increase unit labor costs; labor productivity increases 
offset compensation increases and lower unit labor costs. 

Presentation of the data:  The quarterly data in this release are 
presented in three ways: as index number series where 2005=100, 
as percent changes from the corresponding quarter of the previous year,
and as percent changes from the previous quarter presented at a compound
annual rate. Annual data are presented both as index number 
series and percent changes from the previous year.  
   The index numbers and rates of change reported in the 
productivity and costs news release are rounded to one decimal place.  
All percent changes in this release and on the BLS web site are 
calculated using index numbers to three decimal places.  These index 
numbers are available at the BLS web site, 
http://www.bls.gov/data/home.htm, or by contacting the BLS Division of 
Major Sector Productivity.  (Telephone 202-691-5606 or email 
DPRWEB@BLS.GOV)
      
      Information in this release will be made available to sensory-
impaired individuals upon request.  Voice phone: 202-691-5606; Federal 
Relay Service number: 1-800-877-8339.




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)

2010 II       -1.1         2.6        3.8       -0.9       -0.2        0.2        5.3        2.3  
     I         3.5 r       5.0 r      1.4       -0.2 r     -1.7 r     -3.6 r      8.3 r      1.2 r

2009 ANNUAL    3.5 r      -3.7 r     -6.9 r      1.8        2.2 r     -1.6 r      3.8 r      0.5 r

2009 IV        6.1 r       6.5 r      0.3        1.5 r     -1.2 r     -4.4 r      5.2 r     -0.5 r
     III       7.2 r       1.6 r     -5.3        3.8 r      0.0 r     -3.2 r      7.4 r      0.9 r
     II        8.3 r      -0.3 r     -7.9 r      9.0 r      7.1 r      0.6 r     -2.9 r     -0.8 r
     I         3.5 r      -6.2 r     -9.4 r     -3.6 r     -1.5 r     -6.9 r     13.6 r      0.8 r

2008 ANNUAL    1.1 r      -0.9 r     -2.0 r      3.2 r     -0.6 r      2.1 r      1.4 r      1.8 r

2008 IV       -0.3 r      -9.3 r     -9.0 r      0.8 r     11.0 r      1.1 r     -7.9 r     -2.6 r
     III      -1.1 r      -6.1 r     -5.0        3.6 r     -2.6 r      4.8 r      5.7 r      5.1 r
     II        1.2 r      -0.6 r     -1.8        0.1 r     -4.8 r     -1.1 r     12.3 r      4.0 r
     I        -0.9 r      -2.0 r     -1.1        4.5 r     -0.3 r      5.4 r     -5.7 r      0.9 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2010 II        3.9         3.9        0.0        1.0       -0.7       -2.8        6.5        1.0  
     I         6.3 r       3.2 r     -2.9 r      3.5 r      1.0 r     -2.7 r      4.4 r      0.2 r

2009 ANNUAL    3.5 r      -3.7 r     -6.9 r      1.8        2.2 r     -1.6 r      3.8 r      0.5 r

2009 IV        6.3 r       0.3 r     -5.6 r      2.5 r      1.0 r     -3.5 r      5.6 r      0.1 r
     III       4.6        -3.7 r     -7.9 r      2.4 r      4.0 r     -2.2 r      2.2 r     -0.4 r
     II        2.5 r      -5.5 r     -7.8 r      2.3 r      3.3 r     -0.2 r      1.8 r      0.6 r
     I         0.8 r      -5.6 r     -6.3 r      0.2 r      0.3 r     -0.6 r      5.6 r      1.8 r

2008 ANNUAL    1.1 r      -0.9 r     -2.0 r      3.2 r     -0.6 r      2.1 r      1.4 r      1.8 r

2008 IV       -0.3 r      -4.5 r     -4.3        2.2 r      0.6 r      2.5 r      0.8 r      1.8 r
     III       0.5 r      -1.5 r     -2.0 r      3.4 r     -1.8 r      2.8 r      1.9 r      2.5 r
     II        1.9 r       0.6 r     -1.2 r      3.3 r     -0.9 r      1.4 r      1.8 r      1.6 r
     I         2.4 r       1.7 r     -0.6 r      3.9 r     -0.3 r      1.5 r      1.3 r      1.4 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2005=100

2010 II      110.6       103.6       93.7      114.7      103.1      103.7      117.2      109.0  
     I       111.0 r     103.0 r     92.8 r    115.0 r    103.2 r    103.6 r    115.7 r    108.4 r

2009 ANNUAL  107.3 r     100.4 r     93.6 r    113.6 r    103.4 r    105.9 r    111.6 r    108.1 r

2009 IV      110.0 r     101.7 r     92.5 r    115.1 r    103.6 r    104.6 r    113.4 r    108.1 r
     III     108.4 r     100.1 r     92.4 r    114.6 r    103.9 r    105.8 r    112.0 r    108.2 r
     II      106.5 r      99.8 r     93.7 r    113.6 r    103.9 r    106.6 r    110.0 r    108.0 r
     I       104.4 r      99.8 r     95.6 r    111.2 r    102.1 r    106.5 r    110.8 r    108.2 r

2008 ANNUAL  103.6 r     104.2 r    100.5 r    111.5 r    101.1 r    107.6 r    107.5 r    107.6 r

2008 IV      103.5 r     101.4 r     98.0 r    112.2 r    102.5 r    108.4 r    107.3 r    108.0 r
     III     103.6 r     103.9 r    100.3 r    112.0 r     99.9 r    108.1 r    109.6 r    108.7 r
     II      103.9 r     105.6 r    101.6 r    111.0 r    100.6 r    106.8 r    108.1 r    107.3 r
     I       103.6 r     105.7 r    102.1 r    111.0 r    101.8 r    107.1 r    105.0 r    106.3 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                    August 10, 2010
r=revised                                                        Source: Bureau of Labor Statistics



Table 2. Nonfarm 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)

2010 II       -0.9         2.6        3.6       -0.7        0.0        0.2        5.6        2.4  
     I         3.9 r       5.0 r      1.1        0.0 r     -1.5 r     -3.7 r      8.4 r      1.2 r

2009 ANNUAL    3.5 r      -3.8 r     -7.0 r      1.9 r      2.2       -1.6 r      4.6 r      0.8 r

2009 IV        6.0 r       6.7 r      0.7        1.5 r     -1.1 r     -4.2 r      3.5 r     -1.1 r
     III       7.0 r       1.4 r     -5.2 r      3.4 r     -0.3 r     -3.3 r      8.1 r      1.1 r
     II        8.4 r      -0.2 r     -7.9 r      9.1 r      7.2 r      0.6 r     -2.9 r     -0.8 r
     I         3.4 r      -6.4 r     -9.5 r     -3.7 r     -1.6 r     -6.9 r     15.4 r      1.4 r

2008 ANNUAL    1.0 r      -1.1 r     -2.1        3.3 r     -0.5 r      2.2 r      1.2 r      1.8 r

2008 IV       -0.1 r      -9.5 r     -9.5 r      1.1 r     11.3 r      1.2 r     -6.5 r     -1.9 r
     III      -1.3 r      -6.2 r     -4.9 r      3.7 r     -2.6 r      5.0 r      6.0 r      5.4 r
     II        1.2 r      -0.3 r     -1.5 r     -0.2 r     -5.1 r     -1.4 r     13.6 r      4.2 r
     I        -1.4 r      -2.5 r     -1.2        4.7 r      0.0 r      6.2 r     -7.0 r      0.8 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2010 II        3.9         3.9        0.0        1.0       -0.7       -2.8        6.4        0.9  
     I         6.3 r       3.2 r     -2.9 r      3.5 r      1.0 r     -2.7 r      4.2 r      0.1 r

2009 ANNUAL    3.5 r      -3.8 r     -7.0 r      1.9 r      2.2       -1.6 r      4.6 r      0.8 r

2009 IV        6.2 r       0.3 r     -5.6        2.5 r      1.0 r     -3.5 r      5.8 r      0.2 r
     III       4.6        -3.8 r     -8.0 r      2.4 r      4.0 r     -2.2 r      3.2 r      0.0 r
     II        2.5 r      -5.6 r     -8.0 r      2.4 r      3.4 r     -0.1 r      2.7 r      1.0 r
     I         0.8 r      -5.7 r     -6.4 r      0.2 r      0.3 r     -0.6 r      6.8 r      2.2  

2008 ANNUAL    1.0 r      -1.1 r     -2.1        3.3 r     -0.5 r      2.2 r      1.2 r      1.8 r

2008 IV       -0.4 r      -4.7 r     -4.3 r      2.3 r      0.7 r      2.7 r      1.2 r      2.1 r
     III       0.5 r      -1.7 r     -2.2        3.6 r     -1.6 r      3.1 r      1.6 r      2.5 r
     II        1.9 r       0.5 r     -1.3 r      3.5 r     -0.8 r      1.6 r      1.4 r      1.5 r
     I         2.2 r       1.6 r     -0.6        3.8 r     -0.3 r      1.6 r      0.7 r      1.2 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2005=100

2010 II      110.6       103.6       93.6      114.8      103.1      103.7      117.4      109.1  
     I       110.9 r     102.9 r     92.8 r    115.0 r    103.1 r    103.7 r    115.9 r    108.5 r

2009 ANNUAL  107.2 r     100.3 r     93.5 r    113.5 r    103.3 r    105.9 r    111.9 r    108.3 r

2009 IV      109.9 r     101.7 r     92.5 r    115.0 r    103.5 r    104.7 r    113.5 r    108.2 r
     III     108.3 r     100.0 r     92.4 r    114.5 r    103.8 r    105.8 r    112.6 r    108.5 r
     II      106.5 r      99.7 r     93.6 r    113.6 r    103.9 r    106.7 r    110.4 r    108.2 r
     I       104.3 r      99.7 r     95.6 r    111.1 r    102.1 r    106.5 r    111.2 r    108.4 r

2008 ANNUAL  103.6 r     104.2 r    100.6 r    111.5 r    101.1 r    107.6 r    107.0 r    107.4 r

2008 IV      103.5 r     101.4 r     98.0 r    112.2 r    102.5 r    108.4 r    107.3 r    108.0 r
     III     103.5 r     104.0 r    100.5 r    111.9 r     99.8 r    108.1 r    109.1 r    108.5 r
     II      103.8 r     105.6 r    101.7 r    110.9 r    100.5 r    106.8 r    107.5 r    107.1 r
     I       103.5 r     105.7 r    102.1 r    111.0 r    101.8 r    107.2 r    104.2 r    106.0 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                    August 10, 2010
r=revised                                                        Source: Bureau of Labor Statistics



Table 3. Manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
                                                                              Real
                 Output                                        Compen-        compen-
 Year            per hour                      Hours           sation         sation         Unit
 and             of all                        of all          per hour       per hour       labor
 quarter         persons        Output         persons           (1)            (2)          costs
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate(5)

2010 II            4.5            8.3            3.6           -1.9           -1.2           -6.1  
     I             1.2 r          7.0 r          5.7 r         -5.0 r         -6.4 r         -6.2 r

2009 ANNUAL        2.0 r        -10.9 r        -12.6            5.2 r          5.6 r          3.2 r

2009 IV            8.1 r          7.2 r         -0.8            4.4 r          1.6 r         -3.5 r
     III          16.9 r         10.9 r         -5.1            3.3 r         -0.4 r        -11.6 r
     II            6.2 r         -8.5 r        -13.8            6.5 r          4.6 r          0.3 r
     I            -1.8 r        -20.9 r        -19.4            4.0 r          6.3 r          5.9 r

2008 ANNUAL       -0.7 r         -4.7 r         -4.0            4.0 r          0.1 r          4.6 r

2008 IV           -2.6 r        -18.3 r        -16.1            7.0 r         17.9 r          9.9 r
     III          -1.5 r        -10.4 r         -9.0            6.3 r         -0.1 r          7.9 r
     II           -6.7 r         -7.9 r         -1.4            3.4 r         -1.7 r         10.7 r
     I            -0.7 r         -2.7 r         -2.0            2.2 r         -2.4 r          2.9 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2010 II            7.5            8.3            0.8            0.1           -1.6           -6.9  
     I             8.0 r          3.9 r         -3.8            2.2 r         -0.2 r         -5.3 r

2009 ANNUAL        2.0 r        -10.9 r        -12.6            5.2 r          5.6 r          3.2 r

2009 IV            7.1 r         -3.7 r        -10.1            4.5 r          3.0 r         -2.4 r
     III           4.4 r        -10.0 r        -13.8            5.2 r          6.9 r          0.8  
     II            0.0 r        -14.7 r        -14.7            5.9 r          7.0 r          5.9 r
     I            -3.2 r        -14.5 r        -11.8 r          5.2 r          5.3 r          8.6 r

2008 ANNUAL       -0.7 r         -4.7 r         -4.0            4.0 r          0.1 r          4.6 r

2008 IV           -2.9 r        -10.0 r         -7.3            4.7 r          3.1 r          7.8 r
     III          -1.4 r         -5.6 r         -4.3            5.1 r         -0.2 r          6.6 r
     II           -0.3 r         -3.0 r         -2.7            3.8 r         -0.5 r          4.1 r
     I             2.0 r          0.0 r         -2.0            2.5 r         -1.7 r          0.4 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2005=100

2010 II          111.2           92.8           83.5          115.1          103.4          103.5  
     I           110.0 r         91.0 r         82.7 r        115.6 r        103.7 r        105.1 r

2009 ANNUAL      105.6 r         87.7 r         83.0 r        115.2 r        104.9 r        109.2 r

2009 IV          109.6 r         89.5 r         81.6 r        117.1 r        105.4 r        106.8 r
     III         107.5 r         87.9 r         81.8 r        115.9 r        105.0 r        107.8 r
     II          103.4 r         85.7 r         82.8 r        114.9 r        105.1 r        111.1 r
     I           101.9 r         87.6 r         86.0 r        113.1 r        103.9 r        111.1 r

2008 ANNUAL      103.5 r         98.4 r         95.0 r        109.5 r         99.3 r        105.8 r

2008 IV          102.3 r         92.9 r         90.7 r        112.0 r        102.4 r        109.5 r
     III         103.0 r         97.7 r         94.8 r        110.1 r         98.2 r        106.9 r
     II          103.4 r        100.4 r         97.1 r        108.5 r         98.3 r        104.9 r
     I           105.2 r        102.5 r         97.4 r        107.6 r         98.7 r        102.3 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                    August 10, 2010
r=revised                                                        Source: Bureau of Labor Statistics



Table 4. Durable manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
                                                                              Real
                 Output                                        Compen-        compen-
 Year            per hour                      Hours           sation         sation         Unit
 and             of all                        of all          per hour       per hour       labor
 quarter         persons        Output         persons           (1)            (2)          costs
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate(5)

2010 II           11.2           14.1            2.7           -1.5           -0.7          -11.4  
     I             2.0 r          9.2 r          7.1 r         -5.8 r         -7.2 r         -7.6 r

2009 ANNUAL        0.2 r        -14.9 r        -15.1            5.8 r          6.2 r          5.5 r

2009 IV            8.7 r          8.0 r         -0.7            5.3 r          2.5 r         -3.1 r
     III          25.8 r         17.2 r         -6.8            2.9 r         -0.8 r        -18.2 r
     II            5.3 r        -14.3 r        -18.6           11.6 r          9.6 r          6.0 r
     I            -7.5 r        -28.8 r        -23.0            2.1 r          4.4 r         10.4 r

2008 ANNUAL        0.1 r         -4.1 r         -4.2            3.5 r         -0.3 r          3.4 r

2008 IV           -9.9 r        -24.2 r        -15.9            6.6 r         17.4 r         18.3 r
     III           2.8 r        -10.2 r        -12.7            7.3 r          0.9 r          4.4 r
     II           -8.1 r         -8.8 r         -0.8            3.8 r         -1.2 r         13.0 r
     I            -0.3 r         -0.2 r          0.1           -0.3 r         -4.8 r          0.0 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2010 II           11.6           12.1            0.4            0.2           -1.6          -10.2  
     I            10.1 r          4.3 r         -5.2            3.3 r          0.9 r         -6.1 r

2009 ANNUAL        0.2 r        -14.9 r        -15.1            5.8 r          6.2 r          5.5 r

2009 IV            7.4 r         -6.3 r        -12.7            5.4 r          3.9 r         -1.9 r
     III           2.5 r        -14.2 r        -16.3            5.7 r          7.5 r          3.1 r
     II           -2.5 r        -19.7 r        -17.6            6.8 r          7.9 r          9.6 r
     I            -5.8 r        -18.5 r        -13.5            4.9 r          5.1 r         11.4 r

2008 ANNUAL        0.1 r         -4.1 r         -4.2            3.5 r         -0.3 r          3.4 r

2008 IV           -4.0 r        -11.3 r         -7.6            4.3 r          2.7 r          8.7 r
     III           0.3 r         -4.8 r         -5.1            4.9 r         -0.4 r          4.6 r
     II            0.3 r         -2.2 r         -2.5            3.5 r         -0.7 r          3.2 r
     I             3.8 r          1.9 r         -1.9            1.6 r         -2.5 r         -2.1 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2005=100

2010 II          115.5           93.1           80.5          116.4          104.6          100.7  
     I           112.5 r         90.0 r         80.0 r        116.8 r        104.8 r        103.8 r

2009 ANNUAL      106.8 r         86.0 r         80.5 r        116.2 r        105.8 r        108.8 r

2009 IV          112.0 r         88.1 r         78.7 r        118.6 r        106.8 r        105.9 r
     III         109.7 r         86.4 r         78.8 r        117.1 r        106.1 r        106.8 r
     II          103.5 r         83.0 r         80.2 r        116.2 r        106.3 r        112.2 r
     I           102.2 r         86.3 r         84.4 r        113.1 r        103.9 r        110.6 r

2008 ANNUAL      106.5 r        101.0 r         94.8 r        109.9 r         99.6 r        103.2 r

2008 IV          104.2 r         94.0 r         90.2 r        112.5 r        102.8 r        107.9 r
     III         107.0 r        100.7 r         94.1 r        110.7 r         98.7 r        103.5 r
     II          106.2 r        103.4 r         97.4 r        108.8 r         98.5 r        102.4 r
     I           108.5 r        105.9 r         97.6 r        107.8 r         98.8 r         99.3 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                    August 10, 2010
r=revised                                                        Source: Bureau of Labor Statistics



Table 5. Nondurable manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
                                                                              Real
                 Output                                        Compen-        compen-
 Year            per hour                      Hours           sation         sation         Unit
 and             of all                        of all          per hour       per hour       labor
 quarter         persons        Output         persons           (1)            (2)          costs
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate(5)

2010 II           -2.8            2.2            5.1           -2.4           -1.7            0.5  
     I             1.0 r          4.6 r          3.5 r         -4.0 r         -5.4 r         -5.0 r

2009 ANNUAL        2.5 r         -6.0 r         -8.3            4.8 r          5.2 r          2.3 r

2009 IV            7.5 r          6.3 r         -1.2            2.7 r          0.0 r         -4.5 r
     III           6.7 r          4.3 r         -2.2            4.5 r          0.8 r         -2.0 r
     II            4.1 r         -1.5 r         -5.4           -1.1 r         -2.8 r         -5.0 r
     I             2.5 r        -10.7 r        -12.9            8.4 r         10.8 r          5.7 r

2008 ANNUAL       -1.6 r         -5.3 r         -3.7            4.9 r          1.0 r          6.6 r

2008 IV            7.0 r        -10.7 r        -16.6            7.8 r         18.7 r          0.8 r
     III          -8.5          -10.6           -2.3            5.2 r         -1.1 r         15.0 r
     II           -4.7 r         -6.8 r         -2.3            2.3 r         -2.7 r          7.3 r
     I            -0.1 r         -5.6 r         -5.5            6.9 r          2.1 r          7.0 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2010 II            3.0            4.3            1.3            0.1           -1.6           -2.8  
     I             4.8 r          3.4 r         -1.4            0.5 r         -1.9 r         -4.1 r

2009 ANNUAL        2.5 r         -6.0 r         -8.3            4.8 r          5.2 r          2.3 r

2009 IV            5.2 r         -0.6 r         -5.5            3.6 r          2.0 r         -1.6 r
     III           5.1 r         -4.9 r         -9.4            4.8 r          6.5 r         -0.2 r
     II            1.1 r         -8.5 r         -9.5            5.0 r          6.0 r          3.9 r
     I            -1.1 r         -9.7 r         -8.7            5.9 r          6.1 r          7.1 r

2008 ANNUAL       -1.6 r         -5.3 r         -3.7            4.9 r          1.0 r          6.6 r

2008 IV           -1.7 r         -8.5 r         -6.9            5.5 r          3.9 r          7.4 r
     III          -3.9 r         -6.6 r         -2.8            5.7 r          0.4 r         10.0 r
     II           -1.0 r         -4.0 r         -3.0            4.3 r          0.0 r          5.3 r
     I             0.1 r         -2.1 r         -2.2            4.1 r         -0.1 r          4.0 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2005=100

2010 II          104.9           92.9           88.6          113.4          101.9          108.1  
     I           105.6 r         92.4 r         87.5 r        114.1 r        102.3 r        108.0 r

2009 ANNUAL      102.9 r         89.9 r         87.4 r        114.1 r        103.9 r        111.0 r

2009 IV          105.4 r         91.4 r         86.7 r        115.3 r        103.8 r        109.4 r
     III         103.5 r         90.0 r         86.9 r        114.5 r        103.8 r        110.6 r
     II          101.8 r         89.0 r         87.4 r        113.3 r        103.6 r        111.2 r
     I           100.8 r         89.4 r         88.7 r        113.6 r        104.3 r        112.7 r

2008 ANNUAL      100.3 r         95.7 r         95.4 r        108.9 r         98.7 r        108.5 r

2008 IV          100.2 r         91.9 r         91.8 r        111.3 r        101.7 r        111.1 r
     III          98.5 r         94.6 r         96.0 r        109.2 r         97.4 r        110.9 r
     II          100.7 r         97.3 r         96.6 r        107.9 r         97.7 r        107.1 r
     I           101.9 r         99.0 r         97.1 r        107.2 r         98.4 r        105.2 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                    August 10, 2010
r=revised                                                        Source: Bureau of Labor Statistics



Table 6. Nonfinancial corporate sector: Productivity, hourly compensation, unit labor costs, unit profits,
and prices, seasonally adjusted
                                                     Real               Unit
              Output                       Hourly    hourly             non-      Total   Unit   Implicit
 Year         per all-                     compen-   compen-   Unit     labor     unit    pro-   price
 and          employee          Employee   sation    sation    labor    costs     cost    fits   deflator
 quarter      hour     Output   hours       (1)       (2)      costs     (6)      (7)     (8)      (4)
---------------------------------------------------------------------------------------------------------
                         Percent change from previous quarter at annual rate(5)

2010 I         9.1 r    11.4 r    2.1       0.0 r    -1.4 r    -8.4 r   -8.9 r   -8.5 r   63.7 r   -2.1 r

2009 ANNUAL    1.6 r    -6.0 r   -7.5       2.2 r     2.6 r     0.6 r    2.7 r    1.2 r   -2.5 r    0.8 r

2009 IV       12.5 r    12.9 r    0.3       1.4 r    -1.3 r    -9.9 r   -8.1 r   -9.4 r   38.2 r   -5.3 r
     III       5.3 r    -0.4 r   -5.4       4.2 r     0.5 r    -1.0 r   -7.8 r   -3.0 r   21.2 r   -0.9 r
     II        3.4 r    -5.8 r   -8.9 r     6.9 r     5.1 r     3.4 r   -2.6 r    1.6 r  -21.4 r   -0.9 r
     I        -5.2 r   -15.6 r  -11.0      -3.5 r    -1.4 r     1.7 r    9.0 r    3.8 r   -4.2 r    3.0 r

2008 ANNUAL    2.7 r     0.9 r   -1.7       3.5 r    -0.3 r     0.8 r    3.8 r    1.6 r  -14.2 r   -0.3 r

2008 IV        0.4 r    -8.1 r   -8.4 r     3.0 r    13.5 r     2.7 r   11.1 r    5.1 r  -36.5 r   -0.4 r
     III       5.9 r     0.3 r   -5.3 r     4.5 r    -1.8 r    -1.4 r    2.3 r   -0.3 r   86.7 r    6.5 r
     II        1.7 r    -0.4 r   -2.1       1.9 r    -3.1 r     0.2 r    5.0 r    1.5 r   -9.2 r    0.4 r
     I         0.2 r    -0.2 r   -0.4       2.8 r    -1.8 r     2.7 r    2.9 r    2.7 r  -35.0 r   -2.2 r
---------------------------------------------------------------------------------------------------------
                       Percent change from corresponding quarter of previous year

2010 I         7.5 r     4.2 r   -3.1       3.1 r     0.7 r    -4.1 r   -6.9 r   -5.0 r   21.2 r   -2.4 r

2009 ANNUAL    1.6 r    -6.0 r   -7.5       2.2 r     2.6 r     0.6 r    2.7 r    1.2 r   -2.5 r    0.8 r

2009 IV        3.8 r    -2.7 r   -6.3 r     2.2 r     0.7 r    -1.6 r   -2.6 r   -1.9      6.0 r   -1.1 r
     III       0.9 r    -7.6 r   -8.4 r     2.6 r     4.3 r     1.7 r    2.1 r    1.8 r  -12.7 r    0.2 r
     II        1.0 r    -7.5 r   -8.4 r     2.6 r     3.7 r     1.6 r    4.8 r    2.5 r   -2.8 r    2.0 r
     I         0.6 r    -6.2 r   -6.8       1.4 r     1.6 r     0.8 r    6.8 r    2.5 r    0.8 r    2.3 r

2008 ANNUAL    2.7 r     0.9 r   -1.7       3.5 r    -0.3 r     0.8 r    3.8 r    1.6 r  -14.2 r   -0.3 r

2008 IV        2.0      -2.2     -4.1       3.0 r     1.5 r     1.0 r    5.3 r    2.2 r   -8.5 r    1.0 r
     III       4.6 r     2.5 r   -2.0       4.0 r    -1.2 r    -0.6 r    1.8 r    0.1 r    0.0 r    0.1 r
     II        2.3 r     1.5 r   -0.8       3.5 r    -0.7 r     1.2 r    4.1 r    2.0 r  -24.3 r   -1.4 r
     I         1.9 r     1.9 r    0.0       3.5 r    -0.7 r     1.6 r    4.1 r    2.3 r  -21.7 r   -0.8 r
---------------------------------------------------------------------------------------------------------
                                            Indexes 2005=100

2010 I       112.1 r   104.3 r   93.1 r   113.9 r   102.2 r   101.6 r  110.3 r  104.0 r  101.0 r  103.6 r

2009 ANNUAL  106.4 r    99.7 r   93.7 r   112.5 r   102.4 r   105.8 r  116.0 r  108.6 r   83.4 r  105.4 r

2009 IV      109.7 r   101.6 r   92.6 r   113.9 r   102.5 r   103.8 r  112.8 r  106.3 r   89.3 r  104.2 r
     III     106.5 r    98.5 r   92.5 r   113.5 r   102.9 r   106.6 r  115.3 r  109.0 r   82.3 r  105.6 r
     II      105.2 r    98.6 r   93.8 r   112.3 r   102.8 r   106.8 r  117.6 r  109.8 r   78.5 r  105.9 r
     I       104.3 r   100.1 r   96.0 r   110.5 r   101.5 r   105.9 r  118.4 r  109.4 r   83.3 r  106.1 r

2008 ANNUAL  104.7 r   106.1 r  101.3 r   110.1 r    99.8 r   105.1 r  112.9 r  107.3 r   85.5 r  104.5 r

2008 IV      105.7 r   104.4 r   98.8 r   111.5 r   101.9 r   105.5 r  115.9 r  108.4 r   84.2 r  105.3 r
     III     105.6 r   106.7 r  101.0 r   110.6 r    98.7 r   104.8 r  112.9 r  107.0 r   94.4 r  105.4 r
     II      104.1 r   106.6 r  102.4 r   109.4 r    99.1 r   105.2 r  112.2 r  107.1 r   80.7 r  103.8 r
     I       103.6 r   106.7 r  103.0 r   108.9 r    99.9 r   105.1 r  110.9 r  106.7 r   82.7 r  103.7 r
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                          August 10, 2010
r=revised                                                              Source: Bureau of Labor Statistics



SOURCES:  Output data are from the Bureau of Economic Analysis and 
the Census Bureau of the U.S. Department of Commerce; the Bureau of 
Labor Statistics, U.S. Department of Labor; and the Federal Reserve 
Board.  Compensation and hours data are from the Bureau of Labor 
Statistics and the Bureau of Economic Analysis.

RELIABILITY:  Productivity and cost measures are regularly revised as 
more complete information becomes available.  The measures are first 
published within 40 days of the close of the reference period; 
revisions appear 30 days later, and second revisions after an 
additional 60 days.  In the business sector, the third publication 
(second revision) of a quarterly index of output per hour of all 
persons has differed from the initial value by between -1.7 and +1.5 
index points approximately 95 percent of the time.  This interval is 
based on the performance of this measure between the fourth quarter 
of 1995 and the first quarter of 2010.

                     Footnotes, Tables 1-6
                     
(1)  Wages and salaries of employees plus employers' contributions 
for social insurance and private benefit plans.  Except for 
nonfinancial corporations, where there are no self-employed, data 
also include an estimate of wages, salaries, and supplemental 
payments for the self-employed.

(2)  The change for recent quarters is based on the Consumer Price 
Index for all urban consumers (CPI-U).  The trend from 1978-2009
is based on the Consumer Price Index research series (CPI-U-RS).

(3)  Unit nonlabor payments include profits, consumption of fixed 
capital, taxes on production and imports less subsidies, net interest 
and miscellaneous payments, business current transfer payments, 
rental income of persons, and the current surplus of government 
enterprises.

(4)  Current dollar output divided by the output index.

(5)  Quarterly changes:  Percent change compounded at annual rate is 
calculated using index numbers to three decimal places.  Indexes 
published in the news release are rounded to one decimal place for 
convenience.  Annual changes:  Percent change is calculated using 
annual average indexes to three decimal places.

(6)  Unit nonlabor costs include consumption of fixed capital, taxes 
on production and imports less subsidies, net interest and 
miscellaneous payments, and business current transfer payments.

(7)  Total unit costs are the sum of unit labor and nonlabor costs.

(8)  Unit profits include corporate profits before tax with inventory 
valuation and capital consumption adjustments.



Appendix table 1.
 Business sector: Revised 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)

 2007 ANNUAL    1.5 r       2.0 r      0.5 r      4.1 r      1.2 r      2.5 r      2.8 r      2.6  

 2007 IV        3.1 r       2.9 r     -0.2 r      5.5 r      0.6 r      2.3 r     -3.6 r     -0.1 r
      III       4.1 r       2.2 r     -1.8 r      3.4 r      0.9 r     -0.8 r      5.3 r      1.6 r
      II        3.4 r       4.0 r      0.6 r      2.4       -2.2       -0.9 r     10.1 r      3.3 r
      I         0.0 r       0.2 r      0.2 r      3.8 r     -0.2 r      3.8 r      4.8 r      4.2 r

 2006 ANNUAL    0.9 r       3.1        2.1        3.8        0.5        2.8        3.1        2.9  

 2006 IV        2.5 r       4.0        1.5        9.2 r     11.1 r      6.6       -6.3        1.3  
      III      -2.2        -0.4        1.9 r      1.6       -2.2        3.8 r      1.6        2.9  
      II        0.3 r       1.4        1.1        1.3       -2.3        1.0        6.7        3.2  
      I         2.6 r       6.5        3.7        5.5 r      3.4        2.8        0.8        2.0  

 2005 ANNUAL    1.7         3.4        1.7 r      3.9 r      0.5 r      2.2        4.9        3.3 r

 2005 IV        0.3         2.3        2.0        3.0       -0.8        2.7        4.7        3.5  
      III       3.3 r       3.7        0.4 r      6.1 r     -0.1 r      2.7        7.2        4.5  
      II       -1.6         1.7        3.3        1.7       -1.0        3.3        1.7        2.7  
      I         3.3         4.5        1.2        2.7 r      0.9       -0.5        9.6        3.3  
 ----------------------------------------------------------------------------------------------------
                     Percent change from corresponding quarter of previous year

 2007 ANNUAL    1.5 r       2.0 r      0.5 r      4.1 r      1.2 r      2.5 r      2.8 r      2.6  

 2007 IV        2.6 r       2.3 r     -0.3 r      3.7       -0.2 r      1.1 r      4.0 r      2.2 r
      III       2.5 r       2.6 r      0.1        4.7        2.3        2.1 r      3.3        2.6 r
      II        0.9 r       1.9 r      1.0        4.2 r      1.5 r      3.3        2.3 r      2.9 r
      I         0.1 r       1.3 r      1.2 r      3.9 r      1.4 r      3.8 r      1.6        2.9  

 2006 ANNUAL    0.9 r       3.1        2.1        3.8        0.5        2.8        3.1        2.9  

 2006 IV        0.8         2.9        2.1 r      4.3 r      2.3 r      3.5        0.6        2.4  
      III       0.2 r       2.4        2.2 r      2.8 r     -0.5        2.6        3.4        2.9  
      II        1.6 r       3.4        1.8        4.0        0.0 r      2.3        4.8        3.3  
      I         1.1 r       3.5        2.3        4.1        0.3 r      2.9        3.6        3.2  

 2005 ANNUAL    1.7         3.4        1.7 r      3.9 r      0.5 r      2.2        4.9        3.3 r

 2005 IV        1.3         3.0        1.7        3.4       -0.3 r      2.0        5.8        3.5  
      III       1.8 r       3.4        1.6 r      3.7 r     -0.1 r      1.9        5.9        3.4  
      II        1.2         3.3        2.1 r      3.8 r      0.9        2.6        3.5        3.0  
      I         2.3         3.7        1.4 r      4.8        1.7 r      2.4        4.2        3.1  
 ----------------------------------------------------------------------------------------------------
                                          Indexes 2005=100

 2007 ANNUAL  102.5 r     105.2 r    102.6 r    108.1 r    101.8 r    105.4 r    106.0 r    105.7 r

 2007 IV      103.8 r     106.3 r    102.4 r    109.8 r    101.9 r    105.7 r    106.5 r    106.1 r
      III     103.0 r     105.5 r    102.4 r    108.3 r    101.7 r    105.1 r    107.5 r    106.1 r
      II      102.0 r     104.9 r    102.9 r    107.4 r    101.5 r    105.3 r    106.2 r    105.7 r
      I       101.1 r     103.9 r    102.7 r    106.8 r    102.1 r    105.6 r    103.6 r    104.8 r

 2006 ANNUAL  100.9 r     103.1 r    102.1 r    103.8 r    100.5 r    102.8 r    103.1 r    102.9 r

 2006 IV      101.1 r     103.9 r    102.7 r    105.8 r    102.1 r    104.6 r    102.4 r    103.7 r
      III     100.5 r     102.8 r    102.3 r    103.5 r     99.5 r    103.0 r    104.1 r    103.4 r
      II      101.1 r     102.9 r    101.8 r    103.1 r    100.0 r    102.0 r    103.7 r    102.7 r
      I       101.0 r     102.6 r    101.5 r    102.8 r    100.6 r    101.7 r    102.0 r    101.9 r

 2005 ANNUAL  100.0 r     100.0 r    100.0 r    100.0 r    100.0 r    100.0 r    100.0 r    100.0 r

 2005 IV      100.4 r     101.0 r    100.6 r    101.4 r     99.8 r    101.0 r    101.8 r    101.4 r
      III     100.3 r     100.4 r    100.1 r    100.7 r    100.0 r    100.4 r    100.7 r    100.5 r
      II       99.5 r      99.5 r    100.0 r     99.2 r    100.0 r     99.7 r     98.9 r     99.4 r
      I        99.9 r      99.1 r     99.2 r     98.8 r    100.2 r     98.9 r     98.5 r     98.7 r
 ---------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                                    August 10, 2010
 r=revised                                                        Source: Bureau of Labor Statistics




Appendix table 2.
 Nonfarm business sector: Revised 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)

 2007 ANNUAL    1.6 r       2.1 r      0.5        4.0 r      1.1 r      2.4 r      2.4        2.4 r

 2007 IV        3.6 r       2.5 r     -1.0        6.4 r      1.5 r      2.7 r     -4.7 r     -0.3 r
      III       4.1 r       2.5 r     -1.6        3.1 r      0.6 r     -1.0 r      4.9 r      1.3 r
      II        2.6 r       4.2 r      1.5        1.2 r     -3.4 r     -1.4 r     10.5 r      3.1 r
      I         0.2 r       0.3 r      0.0        3.8 r     -0.2 r      3.5 r      4.2 r      3.8 r

 2006 ANNUAL    0.9 r       3.1        2.2 r      3.8        0.5        2.8        3.3        3.0  

 2006 IV        2.9         4.2        1.3 r      9.6 r     11.5 r      6.6       -7.3        0.9  
      III      -1.9        -0.1        1.8        1.5 r     -2.2        3.5        1.1        2.6  
      II        0.3         1.0        0.7        1.8       -1.9 r      1.5        6.8        3.6  
      I         2.6 r       6.8        4.1        5.3        3.1        2.6        1.7        2.2  

 2005 ANNUAL    1.6 r       3.4        1.7        3.9 r      0.6        2.3        5.5        3.5  

 2005 IV       -0.1         2.4        2.5        2.4 r     -1.3        2.6        5.1        3.6  
      III       2.9 r       3.7        0.7        5.8 r     -0.3        2.8        7.5        4.6  
      II       -0.9         1.6        2.5        2.6 r     -0.1        3.6        1.9        2.9  
      I         4.0         4.8        0.8        3.2        1.3       -0.8       11.0        3.7  
 ----------------------------------------------------------------------------------------------------
                     Percent change from corresponding quarter of previous year

 2007 ANNUAL    1.6 r       2.1 r      0.5        4.0 r      1.1 r      2.4 r      2.4        2.4 r

 2007 IV        2.6 r       2.4 r     -0.3        3.6       -0.4 r      0.9 r      3.6 r      2.0 r
      III       2.5 r       2.8 r      0.3        4.4 r      2.0 r      1.9 r      2.9 r      2.3 r
      II        0.9 r       2.1        1.2 r      4.0 r      1.3 r      3.0 r      1.9 r      2.6 r
      I         0.3 r       1.3 r      1.0 r      4.1 r      1.7 r      3.8 r      1.1 r      2.7  

 2006 ANNUAL    0.9 r       3.1        2.2 r      3.8        0.5        2.8        3.3        3.0  

 2006 IV        0.9 r       2.9        2.0 r      4.5        2.5        3.5        0.4        2.3  
      III       0.2         2.5        2.3 r      2.7 r     -0.6        2.5        3.7 r      3.0  
      II        1.4 r       3.4        2.0        3.8 r     -0.1        2.4        5.3 r      3.5  
      I         1.1 r       3.6        2.5 r      4.0 r      0.3 r      2.9        4.0        3.3  

 2005 ANNUAL    1.6 r       3.4        1.7        3.9 r      0.6        2.3        5.5        3.5  

 2005 IV        1.4 r       3.1        1.6        3.5 r     -0.1        2.0        6.3        3.7  
      III       1.7         3.4        1.7 r      3.7 r     -0.1 r      2.0        6.4        3.7  
      II        1.1 r       3.2        2.0        3.9        0.9 r      2.7        4.3        3.4  
      I         2.3         3.8        1.5 r      4.7        1.6 r      2.4        4.9        3.3  
 ----------------------------------------------------------------------------------------------------
                                          Indexes 2005=100

 2007 ANNUAL  102.5 r     105.3 r    102.7 r    107.9 r    101.6 r    105.3 r    105.8 r    105.5 r

 2007 IV      103.9 r     106.4 r    102.4 r    109.7 r    101.8 r    105.6 r    106.1 r    105.8 r
      III     103.0 r     105.8 r    102.7 r    108.0 r    101.4 r    104.9 r    107.4 r    105.8 r
      II      101.9 r     105.1 r    103.1 r    107.2 r    101.2 r    105.1 r    106.1 r    105.5 r
      I       101.3 r     104.0 r    102.7 r    106.9 r    102.1 r    105.5 r    103.5 r    104.7 r

 2006 ANNUAL  100.9 r     103.1 r    102.2 r    103.8 r    100.5 r    102.8 r    103.3 r    103.0 r

 2006 IV      101.2 r     104.0 r    102.7 r    105.9 r    102.2 r    104.6 r    102.4 r    103.7 r
      III     100.5 r     102.9 r    102.4 r    103.5 r     99.4 r    103.0 r    104.4 r    103.5 r
      II      101.0 r     102.9 r    101.9 r    103.1 r    100.0 r    102.1 r    104.1 r    102.9 r
      I       100.9 r     102.7 r    101.7 r    102.6 r    100.5 r    101.7 r    102.4 r    102.0 r

 2005 ANNUAL  100.0 r     100.0 r    100.0 r    100.0 r    100.0 r    100.0 r    100.0 r    100.0 r

 2005 IV      100.3 r     101.0 r    100.7 r    101.3 r     99.7 r    101.0 r    102.0 r    101.4 r
      III     100.3 r     100.4 r    100.1 r    100.7 r    100.0 r    100.4 r    100.7 r    100.5 r
      II       99.6 r      99.5 r     99.9 r     99.3 r    100.1 r     99.7 r     98.9 r     99.4 r
      I        99.8 r      99.1 r     99.3 r     98.6 r    100.1 r     98.8 r     98.4 r     98.7 r
 ---------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                                    August 10, 2010
 r=revised                                                        Source: Bureau of Labor Statistics




Appendix table 3.
 Manufacturing sector: Revised productivity, hourly compensation, and unit labor costs,
 seasonally adjusted
                                                                              Real
                  Output                                       Compen-        compen-
  Year            per hour                      Hours          sation         sation          Unit
  and             of all                        of all         per hour       per hour        labor
  quarter         persons        Output         persons          (1)            (2)           costs
 ----------------------------------------------------------------------------------------------------
                       Percent change from previous quarter at annual rate(5)

 2007 ANNUAL        3.4            1.6           -1.7            3.3 r          0.4 r         -0.1 r

 2007 IV            3.4 r         -1.2 r         -4.5            8.6 r          3.5 r          5.0 r
      III           2.9 r          0.0 r         -2.9            1.2 r         -1.2 r         -1.7 r
      II            2.6 r          4.1 r          1.5           -1.9 r         -6.3 r         -4.4 r
      I             4.0 r          3.4 r         -0.6            3.4 r         -0.5 r         -0.5 r

 2006 ANNUAL        0.8            1.6            0.8            2.0           -1.2            1.2  

 2006 IV            4.1 r         -0.3 r         -4.2           11.0           12.9            6.6 r
      III           4.6 r          1.0 r         -3.5            2.1           -1.6           -2.3 r
      II           -0.4 r          0.0 r          0.4           -2.3           -5.8           -1.9 r
      I            -1.5 r          2.1 r          3.6            5.1            3.0            6.7 r

 2005 ANNUAL        4.7            3.6           -1.1            3.3            0.0           -1.3  

 2005 IV            0.1 r          4.9 r          4.8           -4.0           -7.5           -4.1 r
      III           1.0 r         -0.7 r         -1.7            5.5           -0.7            4.5 r
      II            4.6 r          1.9 r         -2.5            5.7            2.9            1.1 r
      I             7.4 r          6.4 r         -1.0           -2.2           -4.0           -9.0 r
 ----------------------------------------------------------------------------------------------------
                     Percent change from corresponding quarter of previous year

 2007 ANNUAL        3.4            1.6           -1.7            3.3 r          0.4 r         -0.1 r

 2007 IV            3.2 r          1.5 r         -1.6            2.8 r         -1.2 r         -0.5 r
      III           3.4 r          1.8 r         -1.6            3.3 r          1.0 r         -0.1 r
      II            3.8 r          2.0 r         -1.7            3.6 r          0.9 r         -0.2 r
      I             3.0 r          1.0 r         -2.0            3.5 r          1.0 r          0.4 r

 2006 ANNUAL        0.8            1.6            0.8            2.0           -1.2            1.2  

 2006 IV            1.7 r          0.7 r         -1.0            3.9            1.9            2.2 r
      III           0.7 r          2.0            1.3            0.2           -3.1           -0.5 r
      II           -0.2 r          1.5 r          1.7            1.0           -2.8            1.2 r
      I             1.0 r          2.0 r          1.0            3.0           -0.7            1.9 r

 2005 ANNUAL        4.7            3.6           -1.1            3.3            0.0           -1.3  

 2005 IV            3.2 r          3.1 r         -0.1            1.1           -2.4           -2.0 r
      III           5.0            3.2           -1.8            3.2           -0.5           -1.7  
      II            5.5 r          4.1 r         -1.4            4.3            1.3           -1.2 r
      I             5.2 r          4.0 r         -1.2            4.8            1.8           -0.4 r
 ----------------------------------------------------------------------------------------------------
                                          Indexes 2005=100

 2007 ANNUAL      104.2 r        103.2 r         99.0 r        105.3 r         99.2 r        101.1 r

 2007 IV          105.4 r        103.2 r         97.9 r        107.0 r         99.3 r        101.5 r
      III         104.5 r        103.5 r         99.0 r        104.8 r         98.4 r        100.3 r
      II          103.8 r        103.5 r         99.8 r        104.5 r         98.7 r        100.7 r
      I           103.1 r        102.5 r         99.4 r        105.0 r        100.4 r        101.9 r

 2006 ANNUAL      100.8 r        101.6 r        100.8 r        102.0 r         98.8 r        101.2 r

 2006 IV          102.1 r        101.6 r         99.5 r        104.1 r        100.5 r        102.0 r
      III         101.1 r        101.7 r        100.6 r        101.5 r         97.5 r        100.4 r
      II          100.0 r        101.4 r        101.5 r        100.9 r         97.9 r        101.0 r
      I           100.1 r        101.5 r        101.4 r        101.5 r         99.4 r        101.4 r

 2005 ANNUAL      100.0 r        100.0 r        100.0 r        100.0 r        100.0 r        100.0 r

 2005 IV          100.4 r        100.9 r        100.5 r        100.2 r         98.6 r         99.8 r
      III         100.4 r         99.7 r         99.3 r        101.3 r        100.6 r        100.9 r
      II          100.2 r         99.9 r         99.8 r         99.9 r        100.8 r         99.8 r
      I            99.0 r         99.4 r        100.4 r         98.6 r        100.0 r         99.5 r
 ---------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                                    August 10, 2010
 r=revised                                                        Source: Bureau of Labor Statistics




Appendix table 4.
 Durable manufacturing sector: Revised productivity, hourly compensation, and unit labor costs
 seasonally adjusted
                                                                              Real
                  Output                                       Compen-        compen-
  Year            per hour                      Hours          sation         sation          Unit
  and             of all                        of all         per hour       per hour        labor
  quarter         persons        Output         persons          (1)            (2)           costs
 ----------------------------------------------------------------------------------------------------
                       Percent change from previous quarter at annual rate(5)

 2007 ANNUAL        4.3            2.1           -2.1            3.8 r          1.0 r         -0.4 r

 2007 IV            7.4 r          0.4 r         -6.5            8.9 r          3.8 r          1.4 r
      III           3.0 r          0.2 r         -2.7            2.0 r         -0.4 r         -1.0 r
      II            5.3 r          7.2 r          1.8           -3.6 r         -8.0 r         -8.5 r
      I             5.0 r          3.5 r         -1.4            5.4 r          1.4 r          0.4 r

 2006 ANNUAL        2.0            3.1            1.1            2.2           -1.0            0.2  

 2006 IV            2.7 r         -1.3 r         -3.9           13.2           15.1           10.2 r
      III           5.6 r          0.1 r         -5.2            2.1           -1.7           -3.3 r
      II           -0.2 r          1.6 r          1.7           -3.6           -7.0           -3.4 r
      I            -1.7 r          1.7 r          3.5            7.5            5.3            9.4 r

 2005 ANNUAL        5.2            5.0           -0.1 r          3.1           -0.2           -2.0  

 2005 IV            5.3 r         10.8 r          5.2           -5.0           -8.5           -9.8 r
      III           2.7 r          2.7 r          0.1            6.2            0.0            3.5 r
      II            5.3 r          3.2 r         -2.0            3.9            1.1           -1.3 r
      I             7.7 r          8.1 r          0.4           -1.2           -3.0           -8.2 r
 ----------------------------------------------------------------------------------------------------
                     Percent change from corresponding quarter of previous year

 2007 ANNUAL        4.3            2.1           -2.1            3.8 r          1.0 r         -0.4 r

 2007 IV            5.2 r          2.8 r         -2.2            3.1 r         -0.9 r         -2.0  
      III           4.0 r          2.4 r         -1.6            4.1 r          1.7 r          0.0 r
      II            4.7 r          2.3 r         -2.2            4.1 r          1.4 r         -0.5 r
      I             3.3 r          1.0 r         -2.2            4.1 r          1.6 r          0.8 r

 2006 ANNUAL        2.0            3.1            1.1            2.2           -1.0            0.2  

 2006 IV            1.6 r          0.5 r         -1.0            4.6            2.6            3.0 r
      III           2.2 r          3.5 r          1.2            0.1           -3.1           -2.0 r
      II            1.5 r          4.1 r          2.6            1.1           -2.7           -0.4 r
      I             2.8 r          4.6            1.7            3.0           -0.6            0.2 r

 2005 ANNUAL        5.2            5.0           -0.1 r          3.1           -0.2           -2.0  

 2005 IV            5.2 r          6.2 r          0.9            0.9           -2.7           -4.1 r
      III           5.7            4.8 r         -0.8            2.8           -1.0           -2.7 r
      II            5.4 r          5.0 r         -0.4            3.8            0.9           -1.6 r
      I             4.4 r          4.1 r         -0.3            5.0            2.0            0.6 r
 ----------------------------------------------------------------------------------------------------
                                          Indexes 2005=100

 2007 ANNUAL      106.4 r        105.3 r         99.0 r        106.1 r         99.9 r         99.8 r

 2007 IV          108.6 r        105.9 r         97.5 r        107.8 r        100.1 r         99.3 r
      III         106.7 r        105.8 r         99.2 r        105.6 r         99.1 r         99.0 r
      II          105.9 r        105.7 r         99.9 r        105.1 r         99.2 r         99.2 r
      I           104.5 r        103.9 r         99.4 r        106.0 r        101.3 r        101.5 r

 2006 ANNUAL      102.0 r        103.1 r        101.1 r        102.2 r         99.0 r        100.2 r

 2006 IV          103.2 r        103.0 r         99.8 r        104.6 r        101.0 r        101.4 r
      III         102.5 r        103.3 r        100.8 r        101.5 r         97.5 r         99.0 r
      II          101.1 r        103.3 r        102.2 r        100.9 r         97.9 r         99.8 r
      I           101.2 r        102.9 r        101.7 r        101.9 r         99.7 r        100.7 r

 2005 ANNUAL      100.0 r        100.0 r        100.0 r        100.0 r        100.0 r        100.0 r

 2005 IV          101.6 r        102.5 r        100.8 r        100.0 r         98.4 r         98.4 r
      III         100.3 r         99.9 r         99.6 r        101.3 r        100.6 r        101.0 r
      II           99.7 r         99.2 r         99.5 r         99.8 r        100.6 r        100.1 r
      I            98.4 r         98.4 r        100.0 r         98.9 r        100.4 r        100.5 r
 ---------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                                    August 10, 2010
 r=revised                                                        Source: Bureau of Labor Statistics




Appendix table 5.
 Nondurable manufacturing sector: Revised productivity, hourly compensation, and unit labor costs
 seasonally adjusted
                                                                              Real
                  Output                                       Compen-        compen-
  Year            per hour                      Hours          sation         sation          Unit
  and             of all                        of all         per hour       per hour        labor
  quarter         persons        Output         persons          (1)            (2)           costs
 ----------------------------------------------------------------------------------------------------
                       Percent change from previous quarter at annual rate(5)

 2007 ANNUAL        2.2            1.1           -1.1            2.3 r         -0.5 r          0.1 r

 2007 IV           -2.2 r         -3.1 r         -1.0            8.4 r          3.4 r         10.8 r
      III           3.0 r         -0.3 r         -3.2           -0.4 r         -2.7 r         -3.2 r
      II           -0.2 r          0.8 r          1.0            1.6 r         -3.0 r          1.8 r
      I             2.5 r          3.4 r          0.8           -0.2 r         -4.0 r         -2.6 r

 2006 ANNUAL       -0.2           -0.1            0.1            1.5           -1.7            1.7  

 2006 IV            5.9 r          1.1 r         -4.5            6.7            8.6            0.7 r
      III           2.5 r          2.2 r         -0.3            2.6           -1.2            0.1 r
      II            0.4           -1.7 r         -2.1            0.1           -3.5           -0.3  
      I            -1.1 r          2.7 r          3.8            0.7           -1.4            1.8 r

 2005 ANNUAL        4.8            2.0           -2.8            3.6            0.2           -1.2  

 2005 IV           -5.1 r         -1.3 r          4.0           -2.3           -5.8            3.0 r
      III           0.3           -4.4           -4.7            3.7           -2.3            3.4  
      II            4.2            0.5           -3.5            9.2            6.3            4.8  
      I             7.8            4.4           -3.2           -4.6           -6.3          -11.5  
 ----------------------------------------------------------------------------------------------------
                     Percent change from corresponding quarter of previous year

 2007 ANNUAL        2.2            1.1           -1.1            2.3 r         -0.5 r          0.1 r

 2007 IV            0.7 r          0.2 r         -0.6            2.3 r         -1.6 r          1.6 r
      III           2.8            1.2           -1.5            1.9 r         -0.4 r         -0.8 r
      II            2.6 r          1.9 r         -0.8            2.7 r          0.0 r          0.0 r
      I             2.8 r          1.2 r         -1.5            2.3 r         -0.2 r         -0.5 r

 2006 ANNUAL       -0.2           -0.1            0.1            1.5           -1.7            1.7  

 2006 IV            1.9 r          1.1 r         -0.8            2.5            0.5            0.6 r
      III          -0.9 r          0.5            1.3            0.3           -3.0            1.1  
      II           -1.4 r         -1.2 r          0.2            0.5           -3.3            2.0 r
      I            -0.5 r         -0.7 r         -0.2            2.8           -0.9            3.3 r

 2005 ANNUAL        4.8            2.0           -2.8            3.6            0.2           -1.2  

 2005 IV            1.7           -0.3 r         -1.9            1.4           -2.2           -0.3  
      III           4.8 r          1.3           -3.4            3.9            0.1           -0.9  
      II            6.2            3.0           -3.0            4.9            1.9           -1.2  
      I             6.7            3.8           -2.7            4.2            1.2           -2.4 r
 ----------------------------------------------------------------------------------------------------
                                          Indexes 2005=100

 2007 ANNUAL      102.0 r        101.0 r         99.0 r        103.8 r         97.8 r        101.8 r

 2007 IV          101.9 r        100.4 r         98.5 r        105.5 r         97.9 r        103.5 r
      III         102.5 r        101.2 r         98.8 r        103.4 r         97.0 r        100.8 r
      II          101.8 r        101.3 r         99.6 r        103.5 r         97.7 r        101.7 r
      I           101.8 r        101.1 r         99.3 r        103.0 r         98.5 r        101.2 r

 2006 ANNUAL       99.8 r         99.9 r        100.1 r        101.5 r         98.3 r        101.7 r

 2006 IV          101.2 r        100.3 r         99.1 r        103.1 r         99.5 r        101.9 r
      III          99.7 r        100.0 r        100.3 r        101.4 r         97.5 r        101.7 r
      II           99.1 r         99.5 r        100.3 r        100.8 r         97.8 r        101.7 r
      I            99.0 r         99.9 r        100.9 r        100.8 r         98.6 r        101.7 r

 2005 ANNUAL      100.0 r        100.0 r        100.0 r        100.0 r        100.0 r        100.0 r

 2005 IV           99.3 r         99.2 r         99.9 r        100.6 r         99.0 r        101.3 r
      III         100.6 r         99.5 r         98.9 r        101.2 r        100.5 r        100.5 r
      II          100.5 r        100.7 r        100.1 r        100.2 r        101.1 r         99.7 r
      I            99.5 r        100.6 r        101.0 r         98.0 r         99.5 r         98.5 r
 ---------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                                    August 10, 2010
 r=revised                                                        Source: Bureau of Labor Statistics




Appendix table 6.
 Nonfinancial corporate sector: Revised productivity, hourly compensation, unit labor costs, unit profits,
 and prices, seasonally adjusted
                                                      Real               Unit
              Output                        Hourly    hourly             non-      Total   Unit   Implicit
  Year        per all-                      compen-   compen-   Unit     labor     unit    pro-   price
  and         employee           Employee   sation    sation    labor    costs     cost    fits   deflator
  quarter     hour      Output   hours       (1)       (2)      costs     (6)      (7)     (8)      (4)
 ----------------------------------------------------------------------------------------------------------
                          Percent change from previous quarter at annual rate(5)

 2007 ANNUAL    0.6 r     1.4 r    0.8 r     3.5 r     0.6 r     2.9 r    5.6 r    3.6 r  -10.7 r    1.7  

 2007 IV       10.8 r    10.7 r   -0.1       6.7 r     1.8 r    -3.7 r   -2.8 r   -3.4 r   -9.3 r   -4.1 r
      III      -3.0 r    -3.7 r   -0.7       2.7 r     0.3 r     5.9 r   11.6 r    7.5 r  -38.8 r    0.5 r
      II        0.1 r     1.3 r    1.2       1.6 r    -3.0 r     1.6 r    5.0 r    2.5 r    4.0 r    2.7 r
      I        -0.6       0.3 r    0.9 r     3.4 r    -0.6 r     4.0 r    6.7 r    4.7 r  -12.3 r    2.3 r

 2006 ANNUAL    1.4       3.7      2.3 r     2.8 r    -0.4       1.4      3.1      1.9     11.7      3.1  

 2006 IV        0.9 r     1.6      0.7       7.5 r     9.3 r     6.5      6.4      6.5    -28.7      0.7  
      III       4.0 r     5.5      1.4       1.2 r    -2.5      -2.7      0.5     -1.8     40.6      3.2  
      II       -3.0      -1.5      1.5       0.5 r    -3.0       3.7      7.9      4.8     -1.6      3.9  
      I         1.8       5.3      3.4       5.2       3.0       3.3      0.9      2.6      7.0      3.2  

 2005 ANNUAL    2.5 r     4.3      1.8 r     3.2      -0.2 r     0.6      3.7      1.5     12.8      2.8  

 2005 IV        6.3       9.1      2.6       0.1 r    -3.5      -5.8     -2.1     -4.8     60.5      1.8  
      III      -3.3      -1.4      2.0       5.6 r    -0.5       9.3      9.9      9.4    -19.2      5.4  
      II        3.9 r     7.0      3.0 r     2.1      -0.7 r    -1.8      2.2     -0.7     25.3      2.2  
      I         4.5 r     5.2      0.6 r     1.7 r    -0.2 r    -2.7      6.4 r   -0.3     23.0      2.2  
 ----------------------------------------------------------------------------------------------------------
                        Percent change from corresponding quarter of previous year

 2007 ANNUAL    0.6 r     1.4 r    0.8 r     3.5 r     0.6 r     2.9 r    5.6 r    3.6 r  -10.7 r    1.7  

 2007 IV        1.7       2.0      0.3       3.6      -0.4       1.9      5.0 r    2.8 r  -15.6 r    0.3 r
      III      -0.7 r    -0.1 r    0.5       3.8 r     1.4 r     4.5 r    7.4 r    5.3 r  -20.6 r    1.6 r
      II        1.1 r     2.2 r    1.1 r     3.4 r     0.7 r     2.3 r    4.6 r    2.9 r   -2.2      2.2 r
      I         0.3       1.4      1.1       3.1 r     0.7 r     2.8 r    5.3 r    3.5 r   -3.6 r    2.6 r

 2006 ANNUAL    1.4       3.7      2.3 r     2.8 r    -0.4       1.4      3.1      1.9     11.7      3.1  

 2006 IV        0.9       2.7      1.8 r     3.6       1.6       2.6      3.9      3.0      1.4      2.8  
      III       2.2 r     4.5      2.2       1.7 r    -1.6 r    -0.5      1.7      0.1     24.2      3.0  
      II        0.4       2.8      2.4 r     2.8 r    -1.1 r     2.5      4.0      2.9      8.1      3.6  
      I         2.1 r     4.9      2.8 r     3.2 r    -0.5 r     1.1      2.6      1.5     14.8      3.1  

 2005 ANNUAL    2.5 r     4.3      1.8 r     3.2      -0.2 r     0.6      3.7      1.5     12.8      2.8  

 2005 IV        2.8       4.9      2.1 r     2.4      -1.2      -0.4      4.0      0.8     18.9      2.9  
      III       0.8 r     2.8      1.9       3.0 r    -0.7       2.1      5.9      3.2      3.9      3.3  
      II        3.0 r     5.0      1.9 r     3.2 r     0.3       0.2      2.8      0.9     13.8      2.4  
      I         3.4 r     4.7      1.3 r     4.1 r     1.1 r     0.7      1.9      1.0     15.1      2.6  
 ----------------------------------------------------------------------------------------------------------
                                             Indexes 2005=100

 2007 ANNUAL  102.0 r   105.1 r  103.1 r   106.4 r   100.2 r   104.3 r  108.8 r  105.6 r   99.7 r  104.8 r

 2007 IV      103.6 r   106.7 r  103.1 r   108.2 r   100.4 r   104.4 r  110.1 r  106.0 r   92.1 r  104.2 r
      III     101.0 r   104.1 r  103.1 r   106.4 r    99.9 r   105.4 r  110.8 r  106.9 r   94.4 r  105.3 r
      II      101.7 r   105.0 r  103.2 r   105.7 r    99.9 r   103.9 r  107.8 r  105.0 r  106.7 r  105.2 r
      I       101.7 r   104.7 r  102.9 r   105.3 r   100.6 r   103.5 r  106.5 r  104.4 r  105.7 r  104.5 r

 2006 ANNUAL  101.4 r   103.7 r  102.3 r   102.8 r    99.6 r   101.4 r  103.1 r  101.9 r  111.7 r  103.1 r

 2006 IV      101.9 r   104.6 r  102.7 r   104.4 r   100.8 r   102.5 r  104.8 r  103.1 r  109.2 r  103.9 r
      III     101.6 r   104.2 r  102.5 r   102.6 r    98.5 r   100.9 r  103.2 r  101.5 r  118.8 r  103.7 r
      II      100.6 r   102.8 r  102.2 r   102.2 r    99.2 r   101.6 r  103.1 r  102.0 r  109.1 r  102.9 r
      I       101.4 r   103.2 r  101.8 r   102.1 r    99.9 r   100.7 r  101.1 r  100.8 r  109.6 r  101.9 r

 2005 ANNUAL  100.0 r   100.0 r  100.0 r   100.0 r   100.0 r   100.0 r  100.0 r  100.0 r  100.0 r  100.0 r

 2005 IV      101.0 r   101.9 r  100.9 r   100.8 r    99.2 r    99.9 r  100.9 r  100.2 r  107.7 r  101.1 r
      III      99.4 r    99.7 r  100.3 r   100.8 r   100.1 r   101.4 r  101.4 r  101.4 r   95.7 r  100.7 r
      II      100.3 r   100.0 r   99.8 r    99.4 r   100.2 r    99.2 r   99.1 r   99.1 r  100.9 r   99.4 r
      I        99.3 r    98.4 r   99.0 r    98.9 r   100.4 r    99.6 r   98.5 r   99.3 r   95.4 r   98.8 r
 ---------------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                                          August 10, 2010
 r=revised                                                              Source: Bureau of Labor Statistics

Last Modified Date: August 10, 2010