Internet address: http://www.bls.gov/lpc/ USDL 07-1200
Historical, technical TRANSMISSION OF THIS
information: (202) 691-5606 MATERIAL IS EMBARGOED
Current data: (202) 691-5200 UNTIL 8:30 A.M. EDT,
Media contact: (202) 691-5902 TUESDAY, AUG. 7, 2007.
PRODUCTIVITY AND COSTS
Second Quarter 2007, Preliminary
The Bureau of Labor Statistics of the U.S. Department of Labor today
reported preliminary productivity data--as measured by output per hour of all
persons--for the second quarter of 2007. The preliminary seasonally adjusted
annual rates of productivity change in the second quarter were:
2.6 percent in the business sector and
1.8 percent in the nonfarm business sector.
These rates of growth are higher than those for the first quarter of 2007,
when productivity increased 0.2 percent in the business sector and 0.7
percent in the nonfarm business sector.
In manufacturing, the preliminary productivity changes in the second
quarter were:
1.6 percent in manufacturing,
4.7 percent in durable goods manufacturing, and
-1.9 percent in nondurable goods manufacturing.
Productivity in the total manufacturing sector grew 1.6 percent in the second
quarter of 2007, as output increased 3.5 percent and hours increased 1.8
percent (seasonally adjusted annual rates). Growth in output and
productivity was concentrated in the durable goods subsector. Output and
hours in manufacturing, which includes about 12 percent of U.S. business-
sector employment, tend to vary more from quarter to quarter than data for
the aggregate business and nonfarm business sectors. Second-quarter measures
are summarized in table A and appear in detail in tables 1 through 5.
==============================================================================
Data in this release reflect the regular multi-year revisions to the national
income and product accounts released by the Bureau of Economic Analysis of
the U.S. Department of Commerce on July 27. The data also incorporate
revised estimates of output in manufacturing and hours in all sectors. See
Revised Measures.
==============================================================================
The data sources and methods used in the preparation of the
manufacturing series differ from those used in preparing the business and
nonfarm business series, and these measures are not directly comparable.
Output measures for business and nonfarm business are based on measures of
gross domestic product prepared by the Bureau of Economic Analysis of the
U.S. Department of Commerce. Quarterly output measures for manufacturing
reflect indexes of industrial production independently prepared by the Board
of Governors of the Federal Reserve System. See Technical Notes for further
information on data sources.
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Table A. Productivity and costs: Preliminary second-quarter 2007 measures
(Seasonally adjusted annual rates)
------------------------------------------------------------------------------
Real
Hourly hourly Unit
Produc- compen- compen- labor
Sector tivity Output Hours sation sation costs
------------------------------------------------------------------------------
Percent change from preceding quarter
Business 2.6 3.8 1.1 5.3 -0.7 2.6
Nonfarm business 1.8 4.2 2.3 3.9 -2.0 2.1
Manufacturing 1.6 3.5 1.8 2.8 -3.0 1.2
Durable 4.7 6.2 1.5 1.5 -4.2 -3.0
Nondurable -1.9 0.3 2.3 5.4 -0.5 7.5
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Percent change from same quarter a year ago
Business 0.6 1.8 1.2 5.3 2.6 4.7
Nonfarm business 0.6 2.0 1.3 5.2 2.4 4.5
Manufacturing 2.9 1.7 -1.2 6.2 3.4 3.2
Durable 4.5 2.4 -2.0 6.9 4.1 2.3
Nondurable 0.6 1.0 0.4 5.0 2.2 4.3
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Business
From the first quarter to the second quarter of 2007, business sector
labor productivity increased at a 2.6-percent annual rate. Output increased
3.8 percent and hours of all persons engaged in the sector--employees,
proprietors, and unpaid family workers--rose 1.1 percent (seasonally
adjusted annual rates). As revised, output per hour rose at the same 0.2
percent annual rate as output in the first quarter of 2007, hours worked were
unchanged from the previous quarter (tables 1 and B).
Hourly compensation increased 5.3 percent in the second quarter of 2007,
more than the 3.3 percent gain in the first quarter (seasonally adjusted
annual rates). This measure of compensation includes wages and salaries,
supplements, employer contributions to employee benefit plans, and taxes.
Real hourly compensation, which takes into account changes in consumer
prices, fell 0.7 percent during the second quarter of 2007 as consumer prices
increased 6.0 percent (seasonally adjusted annual rates).
Unit labor costs, which reflect changes in both hourly compensation and
productivity, increased 2.6 percent during the second quarter of 2007 after
rising 3.1 percent in the previous quarter. From the second quarter of 2006
to the second quarter of 2007, these costs increased 4.7 percent--the largest
four-quarter increase since unit labor costs increased 4.8 percent between
the third quarter of 1999 and the third quarter of 2000. The implicit price
deflator for the business sector, which reflects changes in both unit labor
costs and unit nonlabor payments, increased 2.5 percent in the second quarter
and 4.1 percent in the first quarter.
Nonfarm Business
Productivity increased 1.8 percent in the nonfarm business sector during
the second quarter of 2007 as output grew 4.2 percent and hours of all
persons increased 2.3 percent (seasonally adjusted annual rates). Revised
results for first-quarter 2007 show that productivity increased 0.7 percent,
output rose 0.3 percent, and hours declined 0.3 percent (tables 2 and B).
Nonfarm business output per hour had increased at an average annual rate of
2.7 percent from 2000 through 2006.
Hourly compensation in the nonfarm business sector increased 3.9 percent
in the second quarter of 2007, similar to a 3.7-percent rise one quarter
earlier. When the 6.0-percent rise in consumer prices is taken into account,
real hourly compensation fell 2.0 percent in the second quarter of 2007. It
had fallen 0.2 percent in the first quarter.
Unit labor costs increased 2.1 percent in the second quarter of 2007 and
3.0 percent in the first quarter. As in the total business sector, unit
labor costs increased more from the second quarter of 2006 to the second
quarter of 2007, 4.5 percent, than during any four-quarter period since
third-quarter 1999 to third-quarter 2000, when they increased 5.0 percent.
The implicit price deflator for nonfarm business output grew 2.4 percent in
the second quarter, following a 3.6-percent increase in the previous quarter.
Manufacturing
Productivity increased 1.6 percent in manufacturing, as output grew 3.5
percent and hours of all persons increased 1.8 percent (seasonally adjusted
annual rates). All of the second-quarter productivity improvement occurred
in durable goods industries, where productivity rose 4.7 percent, output grew
6.2 percent, and hours of all persons increased 1.5 percent. In nondurable
goods industries, second-quarter productivity fell 1.9 percent reflecting
increases in output of 0.3 percent and in hours of 2.3 percent. In the first
quarter of 2007, total manufacturing productivity rose 1.7 percent,
reflecting a 0.9-percent increase in output and a 0.8-percent decline in
hours (tables 3, 4, and 5).
Hourly compensation of all manufacturing workers grew 2.8 percent during
the second quarter of 2007, reflecting very different growth in the
manufacturing subsectors. In durable goods industries, hourly compensation
rose 1.5 percent, while in non-durable goods industries compensation per hour
grew faster, 5.4 percent. When the increase in consumer prices is taken into
account, the real hourly compensation of all manufacturing workers fell 3.0
percent in the second quarter after increasing 2.8 percent one quarter
earlier.
Unit labor costs in manufacturing rose 1.2 percent in the second quarter
of 2007, showing the combined effect of a 3.0 percent decline in durable
goods industries and a 7.5 percent increase in nondurable goods industries.
Revised Measures
Revised and previous measures for the first quarter of 2007 for the
business, nonfarm business, and manufacturing sectors are compared in table
B. In all sectors, productivity growth was revised down, reflecting both
smaller increases in output and smaller declines in hours than previously
reported. In business and nonfarm business, upward revisions to hourly
compensation combined with the smaller productivity gains to produce upward
revisions to unit labor costs. In manufacturing, hourly compensation
increased slightly less than reported June 6, so the upward revision to unit
labor costs was due solely to the downward revision in productivity growth.
------------------------------------------------------------------------------
Table B. Previous and revised productivity and related measures
Quarterly percent changes at seasonally adjusted annual rates
------------------------------------------------------------------------------
Real
Hourly hourly Unit
Produc- compen- compen- labor
Sector tivity Output Hours sation sation costs
------------------------------------------------------------------------------
First quarter 2007
Business:
Previous 0.5 0.4 -0.1 2.5 -1.4 1.9
Revised 0.2 0.2 0.0 3.3 -0.5 3.1
Nonfarm business:
Previous 1.0 0.6 -0.4 2.8 -1.0 1.8
Revised 0.7 0.3 -0.3 3.7 -0.2 3.0
Manufacturing:
Previous 2.4 1.2 -1.1 6.9 3.0 4.5
Revised 1.7 0.9 -0.8 6.8 2.8 5.0
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Table C presents previous and revised productivity and related measures
for major sectors for the years 2004, 2005, and 2006. Output data for the
business and nonfarm business sectors, and the compensation series for all
sectors, incorporate the revised national income and product accounts data
released by the Bureau of Economic Analysis, U.S. Department of Commerce, on
July 27. Revisions for these sectors go back to the second quarter of 2001.
Output and productivity growth in the business and nonfarm business
sectors were revised downward in each year from 2004 to 2006. The 1.0-
percent productivity gains in 2006 are small compared to recent years.
Productivity had increased at average annual rates of 3.1 percent in business
and 3.0 percent in nonfarm business from 2000 through 2005. Hourly
compensation was revised down more than productivity in these sectors for the
year 2006, resulting in smaller increases in unit labor costs than reported
in the June 6 release.
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Table C. Previous and revised productivity and related measures
Annual percent changes
------------------------------------------------------------------------------
Real
Hourly hourly Unit
Produc- compen- compen- labor
Sector tivity Output Hours sation sation costs
------------------------------------------------------------------------------
Annual average 2006
Business:
Previous 1.7 3.8 2.1 5.0 1.6 3.2
Revised 1.0 3.1 2.1 3.9 0.6 2.9
Nonfarm business:
Previous 1.6 3.8 2.1 5.0 1.6 3.3
Revised 1.0 3.2 2.2 3.9 0.6 2.9
Manufacturing:
Previous 4.0 5.0 1.0 4.1 0.7 0.1
Revised 4.0 4.9 0.9 2.5 -0.8 -1.5
Annual average 2005
Business:
Previous 2.1 3.7 1.6 4.2 0.8 2.0
Revised 2.0 3.6 1.6 4.0 0.6 2.0
Nonfarm business:
Previous 2.1 3.8 1.6 4.1 0.8 2.0
Revised 1.9 3.6 1.6 4.0 0.7 2.0
Manufacturing:
Previous 4.8 3.6 -1.1 4.7 1.3 -0.1
Revised 4.8 3.5 -1.2 4.2 0.8 -0.6
Annual average 2004
Business:
Previous 3.1 4.4 1.3 3.8 1.1 0.7
Revised 2.9 4.2 1.3 3.7 1.1 0.9
Nonfarm business:
Previous 2.9 4.3 1.4 3.6 0.9 0.7
Revised 2.7 4.1 1.4 3.6 0.9 0.9
Manufacturing:
Previous 1.8 1.3 -0.5 2.0 -0.7 0.2
Revised 2.1 1.8 -0.3 2.0 -0.6 -0.1
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Output data for the manufacturing sector also were revised. Annual
output indexes are constructed by BLS using data from the Bureau of the
Census and the Bureau of Economic Analysis (BEA), both in the U.S. Department
of Commerce, together with information on price changes, primarily from the
Bureau of Labor Statistics.
This release also reports revised data on hours at work and related
measures for the manufacturing, durable manufacturing, and nondurable
manufacturing sectors. The hours revision reflects extension of the
methodology, already used in the business sectors, which utilizes information
on employment and hours by primary and secondary job of self-employed and
unpaid family workers from the BLS Current Population Survey. (See
Construction of Employment and Hours for Self-employed and other Nonfarm
workers and for all Farm workers, using Current Population Survey data for
primary and secondary jobs," on the productivity and costs home page,
http://www.bls.gov/lpc/home.htm .)
Manufacturing productivity grew 4.8 percent in 2005 and 4.0 percent in
2006, the same as reported June 6. Hourly compensation and unit labor costs
were revised down in both years. For 2004, productivity was revised up to
2.1 percent, as an upward revision to output was partially offset by an
upward revision to hours. Because hourly compensation was not revised for
2004, the larger increase in productivity implied a downward revision to unit
labor costs. The average annual rate of productivity growth in manufacturing
for the 2000 to 2006 period was unchanged at 4.2 percent per year.
Revised quarterly series appear in tables 1-5 and appendix tables 1-5.
Complete annual series for the manufacturing sectors appear in appendix
tables 7 through 9. Links to tables showing the full historical revisions
including the quarterly measures will be posted on the productivity and costs
home page, http://www.bls.gov/lpc/home.htm .
Revised Measures: Nonfinancial Corporations
Productivity and costs measures for the first quarter of 2007 for
nonfinancial corporations also were revised (table D). Increases in
productivity and output were revised down to 0.2 percent and 0.4 percent,
respectively (seasonally adjusted annual rates). Hourly compensation was
revised down by more than productivity, and unit labor costs increased 3.6
percent, rather than 4.1 percent as reported June 6. The change in unit
profits in the first quarter of 2007 was revised up from 6.8 percent to 12.4
percent.
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Table D. Nonfinancial corporations: Previous and revised productivity and
cost measures
Percent changes at seasonally adjusted annual rates
------------------------------------------------------------------------------
Real
Hourly hourly Unit Implicit
Produc- compen- compen- labor Unit price
tivity Output Hours sation sation costs profits deflator
------------------------------------------------------------------------------
First quarter 2007
Previous 0.6 0.7 0.1 4.7 0.8 4.1 6.8 3.7
Revised 0.2 0.4 0.2 3.8 -0.1 3.6 12.4 3.9
Annual average 2006
Previou 2.5 4.8 2.2 4.8 1.4 2.2 12.2 2.7
Revised 1.3 3.5 2.2 3.5 0.2 2.2 5.0 2.2
Annual average 2005
Previous 2.3 4.0 1.6 4.1 0.8 1.8 12.6 3.3
Revised 1.1 2.7 1.6 3.8 0.5 2.7 7.0 3.3
Annual average 2004
Previous 3.1 4.5 1.4 3.2 0.5 0.1 26.9 2.1
Revised 3.5 4.9 1.4 3.0 0.3 -0.5 32.0 2.1
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Historical data for nonfinancial corporations also were revised due to
incorporation of revised data on output and compensation from the national
income and product accounts.
For the year 2006, output and output per hour were revised down, hourly
compensation was revised down by a similar amount, and unit labor costs
remained unchanged. In 2005, the downward revision to productivity was
larger than that to hourly compensation, and unit labor costs increased more
than reported June 6. The rates of productivity growth in 2005 and 2006, 1.1
percent and 1.3 percent, respectively, are smaller than the 3.3-percent
average annual growth rate from 2000 to 2004. In the year 2004, productivity
growth was revised up along with output. Unit labor costs fell 0.5 percent
rather than rising 0.1 percent. Revised data for nonfinancial corporations
appear in table 6 and appendix table 6.
Next release date
The next release of Productivity and Costs is scheduled for 8:30 a.m.
EDT, Thursday, Sept. 6, 2007. Revised second-quarter measures for business,
nonfarm business, and manufacturing will be released at that time, along with
preliminary measures for nonfinancial corporations.
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 em-
ployment 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 an annual-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 78 percent of the value of GDP in 2000.
Nonfarm business, which also excludes farming, accounted for about 77 percent
of GDP in 2000.
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 manufac-
turing; 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 an annual-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 54 percent of the value of GDP
in 2000.
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: 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 1992=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
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r134.4 r157.2 r117.0 r161.4 r120.3 r120.1 r128.2 r123.1
II r134.3 r158.5 r118.0 r161.7 r119.4 r120.4 r129.8 r123.9
III r135.9 r160.6 r118.2 r164.2 r119.6 r120.8 r132.0 r125.0
IV r135.5 r161.0 r118.8 r165.4 r119.4 r122.0 r133.0 r126.1
ANNUAL r135.0 r159.3 r118.0 r163.2 r119.7 r120.9 r130.8 r124.5
2006 I r136.4 r163.2 r119.6 r168.2 r120.9 r123.4 r133.0 r127.0
II r136.6 r164.2 r120.2 r168.1 r119.3 r123.0 r136.5 r128.0
III r136.1 r164.4 r120.8 r168.7 r118.9 r124.0 r136.6 r128.7
IV r136.5 r165.5 r121.2 r173.4 r122.8 r127.0 r132.2 r128.9
ANNUAL r136.4 r164.3 r120.5 r169.6 r120.4 r124.3 r134.6 r128.2
2007 I r136.6 r165.6 r121.2 r174.8 r122.6 r128.0 r134.0 r130.2
II 137.5 167.1 121.6 177.0 122.4 128.8 134.8 131.0
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I r3.0 r3.7 r0.7 r3.0 r1.1 r0.0 r9.1 r3.4
II r-0.3 r3.3 3.6 r0.7 r-3.1 r1.0 r5.1 r2.6
III r4.9 r5.5 0.6 r6.2 r0.7 r1.3 r7.1 r3.5
IV r-1.1 r1.0 2.1 r2.9 r-0.5 r4.0 r3.1 r3.7
ANNUAL r2.0 r3.6 1.6 r4.0 r0.6 2.0 r4.9 r3.1
2006 I r2.5 r5.5 r2.9 r7.2 r5.1 r4.6 r0.0 r2.8
II r0.8 r2.5 1.7 r-0.4 r-5.1 r-1.2 r10.7 r3.3
III r-1.5 r0.6 2.2 r1.6 r-1.6 r3.1 r0.5 r2.1
IV r1.2 r2.6 1.4 r11.4 r13.8 r10.1 r-12.4 r0.8
ANNUAL r1.0 r3.1 2.1 r3.9 r0.6 r2.9 r2.9 r2.9
2007 I r0.2 r0.2 r0.0 r3.3 r-0.5 r3.1 r5.7 r4.1
II 2.6 3.8 1.1 5.3 -0.7 2.6 2.5 2.5
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I 2.5 3.8 r1.2 r5.0 r1.9 r2.4 r4.1 r3.1
II 1.5 r3.5 2.0 r3.8 0.9 2.3 r3.6 r2.8
III 2.4 3.9 1.5 r4.0 r0.3 r1.6 r5.8 r3.2
IV r1.6 r3.4 1.7 r3.2 r-0.5 1.6 r6.1 r3.3
ANNUAL r2.0 r3.6 1.6 r4.0 r0.6 2.0 r4.9 r3.1
2006 I r1.5 r3.8 2.3 r4.2 r0.5 r2.7 r3.8 r3.1
II r1.7 r3.6 1.8 r3.9 r0.0 r2.2 r5.1 r3.3
III r0.2 r2.4 2.2 r2.8 r-0.6 r2.6 r3.5 r3.0
IV r0.7 r2.8 r2.1 r4.8 r2.8 r4.1 r-0.6 r2.2
ANNUAL r1.0 r3.1 2.1 r3.9 r0.6 r2.9 r2.9 r2.9
2007 I r0.2 r1.5 1.3 r3.9 r1.4 r3.7 r0.8 r2.6
II 0.6 1.8 1.2 5.3 2.6 4.7 -1.2 2.4
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r133.4 r157.4 r118.0 r160.3 r119.5 r120.2 r129.6 r123.6
II r133.5 r158.6 r118.8 r160.9 r118.8 r120.5 r131.3 r124.5
III r135.0 r160.8 r119.1 r163.2 r118.8 r120.9 r133.7 r125.6
IV r134.5 r161.2 r119.8 r164.2 r118.6 r122.1 r134.8 r126.8
ANNUAL r134.1 r159.5 r118.9 r162.1 r118.9 r120.9 r132.4 r125.1
2006 I r135.3 r163.4 r120.8 r167.1 r120.1 r123.5 r135.0 r127.7
II r135.6 r164.4 r121.2 r167.0 r118.6 r123.2 r138.7 r128.9
III r135.0 r164.7 r122.0 r167.5 r118.0 r124.0 r138.6 r129.4
IV r135.6 r165.7 r122.2 r172.4 r122.1 r127.1 r133.6 r129.5
ANNUAL r135.4 r164.5 r121.5 r168.5 r119.7 r124.5 r136.5 r128.9
2007 I r135.9 r165.9 r122.1 r174.0 r122.1 r128.1 r135.1 r130.6
II 136.5 167.6 122.8 175.7 121.5 128.7 136.0 131.4
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I r3.7 r3.9 r0.2 r3.6 r1.6 r-0.1 r10.4 r3.8
II r0.3 r3.2 2.9 r1.5 r-2.4 r1.2 r5.1 r2.7
III r4.4 r5.6 1.1 r5.7 r0.2 r1.3 r7.8 r3.8
IV r-1.4 r0.9 r2.4 r2.6 r-0.8 r4.1 r3.2 r3.7
ANNUAL r1.9 r3.6 1.6 r4.0 r0.7 2.0 r5.5 r3.4
2006 I r2.5 r5.7 r3.1 r7.2 r5.1 r4.6 r0.5 r3.0
II r0.8 r2.4 r1.6 r-0.2 r-5.0 r-1.0 r11.5 r3.7
III r-1.6 r0.8 2.4 r1.3 r-1.8 r2.9 r-0.4 r1.6
IV r1.8 r2.6 0.8 r12.2 r14.6 r10.3 r-13.6 r0.3
ANNUAL r1.0 r3.2 r2.2 r3.9 r0.6 r2.9 r3.1 r3.0
2007 I r0.7 r0.3 r-0.3 r3.7 r-0.2 r3.0 r4.6 r3.6
II 1.8 4.2 2.3 3.9 -2.0 2.1 2.8 2.4
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I r2.5 3.8 1.4 r4.9 r1.8 r2.3 r4.8 r3.3
II r1.4 r3.4 2.0 3.9 0.9 r2.5 r4.3 r3.2
III r2.2 r3.8 r1.5 r4.0 r0.3 r1.7 r6.4 r3.5
IV r1.7 r3.4 r1.7 r3.3 r-0.4 r1.6 r6.6 r3.5
ANNUAL r1.9 r3.6 1.6 r4.0 r0.7 2.0 r5.5 r3.4
2006 I r1.4 r3.8 r2.4 r4.2 r0.5 r2.8 r4.1 r3.3
II r1.5 r3.6 2.0 r3.8 r-0.2 r2.2 r5.7 r3.5
III r0.1 r2.4 r2.4 r2.7 r-0.7 2.6 r3.6 r3.0
IV r0.9 r2.8 r2.0 r5.0 r3.0 r4.1 r-0.9 r2.2
ANNUAL r1.0 r3.2 r2.2 r3.9 r0.6 r2.9 r3.1 r3.0
2007 I r0.4 r1.5 1.1 r4.1 r1.6 r3.7 r0.1 r2.3
II 0.6 2.0 1.3 5.2 2.4 4.5 -1.9 2.0
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Table 3. Manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r168.3 r142.7 r84.8 r166.2 r123.9 r98.7
II r170.9 r143.8 r84.1 r167.8 r123.9 r98.2
III r172.4 r144.5 r83.8 r170.2 r124.0 r98.7
IV r173.7 r147.3 r84.8 r168.8 r121.9 r97.2
ANNUAL r171.3 r144.6 r84.4 r168.3 r123.4 r98.2
2006 I r175.4 r149.5 r85.2 r172.6 r124.1 r98.4
II r177.0 r151.6 r85.6 r170.1 r120.8 r96.1
III r179.8 r153.4 r85.3 r170.7 r120.2 r94.9
IV r180.7 r152.6 r84.4 r176.4 r125.0 r97.6
ANNUAL r178.2 r151.7 r85.1 r172.4 r122.5 r96.8
2007 I r181.5 r152.9 r84.3 r179.4 r125.8 r98.8
II 182.2 154.2 84.6 180.6 124.9 99.1
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I r4.9 r4.6 r-0.3 r1.0 r-0.9 r-3.7
II r6.3 r3.1 r-3.0 r4.0 0.0 r-2.2
III r3.5 r2.1 r-1.4 r5.6 r0.1 r2.1
IV 3.1 7.9 r4.6 r-3.1 r-6.4 r-6.0
ANNUAL 4.8 r3.5 r-1.2 r4.2 r0.8 r-0.6
2006 I r4.0 6.0 1.9 r9.4 r7.2 r5.1
II r3.7 5.7 r2.0 r-5.8 r-10.2 r-9.1
III r6.5 4.8 r-1.6 r1.4 r-1.8 r-4.8
IV r2.0 -2.1 r-4.0 r14.2 r16.6 r12.0
ANNUAL 4.0 r4.9 r0.9 r2.5 r-0.8 r-1.5
2007 I r1.7 r0.9 r-0.8 r6.8 r2.8 r5.0
II 1.6 3.5 1.8 2.8 -3.0 1.2
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I 4.4 r3.1 r-1.2 r6.0 r2.9 r1.5
II r5.1 3.4 r-1.6 5.0 r2.1 0.0
III 5.2 r3.3 r-1.9 r4.0 r0.3 r-1.1
IV r4.4 r4.4 0.0 r1.8 r-1.8 r-2.5
ANNUAL 4.8 r3.5 r-1.2 r4.2 r0.8 r-0.6
2006 I r4.2 r4.7 r0.5 r3.9 r0.1 r-0.3
II 3.6 r5.4 1.8 r1.3 r-2.5 r-2.1
III r4.3 6.1 r1.7 r0.3 r-3.0 r-3.8
IV r4.0 3.6 r-0.5 r4.5 r2.5 r0.5
ANNUAL 4.0 r4.9 r0.9 r2.5 r-0.8 r-1.5
2007 I 3.5 r2.3 -1.1 r3.9 r1.4 r0.4
II 2.9 1.7 -1.2 6.2 3.4 3.2
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Table 4. Durable manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r189.8 r169.7 r89.4 r161.4 r120.3 r85.0
II r193.4 r171.6 r88.8 r162.5 r120.0 r84.0
III r196.5 r174.5 r88.8 r165.2 r120.4 r84.1
IV r200.7 r180.5 r89.9 r163.6 r118.2 r81.5
ANNUAL r195.1 r174.1 r89.2 r163.2 r119.7 r83.6
2006 I r202.7 r182.9 r90.3 r168.4 r121.0 r83.1
II r205.5 r187.1 r91.1 r165.7 r117.7 r80.7
III r210.1 r189.6 r90.3 r166.4 r117.3 r79.2
IV r211.5 r188.9 r89.3 r173.0 r122.5 r81.8
ANNUAL r207.4 r187.2 r90.2 r168.4 r119.6 r81.2
2007 I r212.3 r188.7 r88.9 r176.6 r123.9 r83.1
II 214.8 191.6 89.2 177.2 122.5 82.5
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I r4.1 r5.5 r1.3 r0.4 r-1.5 r-3.6
II r7.7 r4.7 r-2.8 2.7 -1.2 r-4.7
III r6.6 r6.8 r0.2 r7.0 r1.4 r0.4
IV r8.9 r14.5 r5.2 r-3.8 r-7.0 r-11.7
ANNUAL r5.3 r5.0 r-0.3 r3.8 r0.5 r-1.4
2006 I r3.9 5.5 r1.5 r12.1 r9.9 r7.9
II r5.7 9.4 r3.5 r-6.1 r-10.5 r-11.2
III r9.3 5.5 r-3.5 r1.7 r-1.5 r-6.9
IV r2.7 -1.4 r-4.1 r16.6 r19.1 r13.5
ANNUAL r6.3 7.5 r1.1 r3.2 r-0.1 r-2.9
2007 I r1.6 r-0.5 r-2.0 r8.6 4.5 r6.9
II 4.7 6.2 1.5 1.5 -4.2 -3.0
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I r3.3 r3.0 r-0.3 r6.0 r2.9 r2.6
II r4.8 4.0 r-0.8 r4.4 r1.5 r-0.4
III r6.2 5.1 r-1.0 r3.5 r-0.2 r-2.5
IV r6.8 r7.8 0.9 r1.5 r-2.1 r-5.0
ANNUAL r5.3 r5.0 r-0.3 r3.8 r0.5 r-1.4
2006 I r6.8 r7.8 r1.0 r4.3 r0.6 r-2.3
II r6.3 r9.0 r2.6 r2.0 r-1.9 r-4.0
III r6.9 8.7 r1.6 r0.7 r-2.6 r-5.8
IV r5.4 4.7 r-0.7 r5.7 r3.6 r0.3
ANNUAL r6.3 7.5 r1.1 r3.2 r-0.1 r-2.9
2007 I 4.8 3.2 -1.5 r4.9 r2.4 r0.1
II 4.5 2.4 -2.0 6.9 4.1 2.3
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Table 5. Nondurable manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r147.3 r114.7 r77.8 r173.3 r129.2 r117.6
II r149.1 r115.1 r77.2 r176.1 r130.0 r118.1
III r149.5 r114.2 r76.4 r177.3 r129.2 r118.6
IV r148.4 r114.4 r77.1 r176.5 r127.5 r118.9
ANNUAL r148.6 r114.6 r77.1 r175.8 r129.0 r118.3
2006 I r149.8 r116.3 r77.6 r178.3 r128.2 r119.0
II r150.7 r116.8 r77.5 r175.9 r124.9 r116.7
III r151.6 r117.9 r77.8 r176.4 r124.3 r116.4
IV r152.0 r117.1 r77.0 r180.5 r127.9 r118.8
ANNUAL r151.0 r117.0 r77.5 r177.8 r126.3 r117.7
2007 I r152.4 r117.8 r77.3 r182.2 r127.8 r119.5
II 151.7 117.9 77.7 184.6 127.7 121.7
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I 6.4 r3.3 r-2.9 r1.8 r-0.2 r-4.3
II r4.9 r1.3 r-3.4 r6.5 r2.5 r1.6
III r1.0 r-3.0 r-4.0 r2.8 r-2.6 r1.7
IV r-2.9 r0.8 r3.8 r-1.9 r-5.2 r1.0
ANNUAL r4.8 r1.9 -2.7 r4.8 r1.4 r0.0
2006 I r3.9 6.6 2.7 r4.3 r2.3 r0.4
II r2.4 1.7 r-0.7 r-5.4 r-9.9 r-7.6
III r2.4 4.1 r1.7 r1.2 r-2.0 r-1.2
IV r1.0 -2.9 r-3.9 r9.7 r12.0 r8.6
ANNUAL r1.6 r2.1 0.5 r1.1 r-2.1 r-0.5
2007 I r1.2 r2.6 r1.4 r3.8 r-0.1 r2.5
II -1.9 0.3 2.3 5.4 -0.5 7.5
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I 6.3 r3.3 r-2.8 r5.9 r2.8 -0.4
II r5.8 r2.5 r-3.1 r6.1 r3.0 r0.2
III r4.7 r1.2 r-3.3 r4.9 r1.1 r0.1
IV r2.3 r0.6 -1.7 r2.3 r-1.4 r0.0
ANNUAL r4.8 r1.9 -2.7 r4.8 r1.4 r0.0
2006 I r1.7 r1.4 r-0.3 r2.9 r-0.8 r1.2
II r1.1 1.5 r0.4 r-0.1 r-3.9 r-1.2
III r1.4 3.3 1.8 r-0.5 r-3.8 r-1.9
IV r2.4 2.3 r-0.1 r2.3 r0.3 -0.1
ANNUAL r1.6 r2.1 0.5 r1.1 r-2.1 r-0.5
2007 I r1.7 r1.3 r-0.4 r2.2 r-0.3 r0.4
II 0.6 1.0 0.4 5.0 2.2 4.3
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Table 6. Nonfinancial corporate sector: Productivity, hourly compensation, unit labor costs, unit profits,
and prices, seasonally adjusted
Output Hourly Real Unit Total Unit Implicit
Year per all- compen- hourly Unit non- unit pro- price
and employee Employee sation compen- labor labor costs fits deflator
quarter hour Output hours (1) sation(2) costs costs(6) (7) (8) (4)
----------------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r140.3 r164.6 r117.3 r158.0 r117.8 r112.6 r111.5 r112.3 r151.9 r115.9
II r141.1 r166.8 r118.2 r158.5 r117.0 r112.3 r111.7 r112.1 r161.7 r116.6
III r140.5 r166.9 r118.8 r160.8 r117.1 r114.4 r115.1 r114.6 r147.5 r117.6
IV r141.4 r169.2 r119.7 r161.8 r116.9 r114.5 r112.8 r114.0 r159.5 r118.1
ANNUAL r140.8 r166.9 r118.5 r159.8 r117.2 r113.5 r112.8 r113.3 r155.2 117.0
2006 I r142.4 r171.5 r120.4 r163.8 r117.8 r115.0 r112.5 r114.4 r164.4 r118.8
II r141.8 r171.5 r120.9 r163.9 r116.4 r115.6 r114.3 r115.2 r164.8 r119.7
III r142.9 r173.6 r121.5 r164.6 r115.9 r115.2 r113.8 r114.8 r172.6 r120.0
IV r143.3 r174.6 r121.8 r169.3 r119.9 r118.1 r114.5 r117.1 r150.0 r120.1
ANNUAL r142.6 r172.8 r121.2 r165.4 r117.5 r116.0 r113.8 r115.4 r162.9 r119.6
2007 I r143.4 r174.8 r121.9 r170.8 r119.9 r119.1 r114.7 r118.0 r154.5 r121.2
----------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I r0.3 r0.3 0.1 r2.7 r0.7 r2.4 r6.8 r3.6 r9.8 r4.3
II r2.2 r5.4 3.1 r1.2 r-2.6 r-1.0 r0.5 r-0.6 r28.4 r2.5
III r-1.6 r0.4 2.0 r6.1 r0.5 r7.8 r12.7 r9.1 r-30.8 r3.4
IV r2.4 r5.6 3.1 r2.4 r-1.0 r0.0 r-7.6 r-2.1 r36.9 r1.8
ANNUAL r1.1 r2.7 1.6 r3.8 r0.5 r2.7 3.0 r2.8 r7.0 3.3
2006 I r3.1 r5.5 2.3 r5.2 r3.2 r2.0 r-1.0 r1.2 r12.7 r2.6
II r-1.8 r-0.1 1.7 r0.2 r-4.6 r2.0 r6.4 r3.1 r1.2 2.9
III r3.1 r5.0 1.9 r1.6 r-1.5 r-1.4 r-1.5 r-1.5 r20.1 r1.0
IV 1.3 2.4 r1.2 r11.9 r14.3 r10.5 r2.2 r8.3 r-42.9 r0.3
ANNUAL r1.3 r3.5 2.2 r3.5 r0.2 2.2 r0.9 r1.9 r5.0 r2.2
2007 I r0.2 r0.4 r0.2 r3.8 r-0.1 r3.6 r0.9 r2.9 r12.4 r3.9
----------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I r2.2 r3.3 1.1 r4.8 r1.7 r2.5 r1.8 r2.3 r12.4 r3.4
II r1.6 r3.3 1.7 r3.7 r0.7 r2.1 2.1 r2.1 r10.9 r3.1
III r-0.1 r1.5 1.7 r3.8 r0.1 r4.0 r5.4 r4.3 r-2.1 3.6
IV r0.8 r2.9 2.1 r3.1 r-0.6 r2.3 r2.8 r2.4 r7.5 r3.0
ANNUAL r1.1 r2.7 1.6 r3.8 r0.5 r2.7 3.0 r2.8 r7.0 3.3
2006 I r1.5 r4.2 2.6 r3.7 r0.0 r2.2 r0.9 r1.8 r8.2 r2.6
II r0.5 r2.8 2.3 r3.4 r-0.5 r2.9 r2.3 r2.8 r1.9 r2.7
III r1.7 r4.0 r2.3 r2.3 r-1.0 r0.6 r-1.1 r0.2 r17.0 r2.1
IV r1.4 r3.2 1.8 r4.6 r2.6 r3.2 r1.5 r2.7 r-5.9 r1.7
ANNUAL r1.3 r3.5 2.2 r3.5 r0.2 2.2 r0.9 r1.9 r5.0 r2.2
2007 I r0.7 r1.9 r1.3 r4.3 r1.8 r3.6 r2.0 r3.1 r-6.0 2.0
----------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
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
-1.6 and +1.4 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 2007.
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 1978-2006 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 from the
original data rather than index numbers. Annual changes: Percent
change between annual average levels.
(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
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
2002 I r122.8 141.9 r115.5 143.7 r115.6 117.0 r113.2 115.6
II 123.4 142.6 115.6 145.4 116.0 117.9 112.6 115.9
III 124.8 143.8 115.2 146.1 116.0 117.1 114.7 116.2
IV r124.8 144.0 r115.4 146.1 r115.3 117.1 116.0 116.7
ANNUAL 123.9 143.1 115.4 145.3 115.7 117.3 114.1 116.1
2003 I r125.8 144.4 r114.8 r148.1 r115.7 r117.7 r116.5 117.3
II r127.9 146.0 r114.1 r150.8 r117.8 r117.9 116.7 117.4
III r130.8 149.7 r114.5 r152.5 r118.4 r116.6 r120.2 118.0
IV r130.3 150.1 r115.2 r153.6 r118.9 117.9 r119.5 118.5
ANNUAL r128.7 147.5 r114.6 r151.2 r117.7 117.5 118.3 117.8
2004 I r131.1 r151.4 r115.5 r153.8 r118.1 r117.3 r123.1 r119.5
II r132.3 r153.1 r115.7 r155.8 r118.4 r117.7 r125.3 r120.5
III r132.7 r154.6 r116.5 r157.8 r119.2 r118.9 r124.7 r121.1
IV r133.4 r155.7 r116.8 r160.2 r120.0 r120.1 r125.4 r122.1
ANNUAL r132.4 r153.7 r116.1 r156.9 r118.9 r118.5 r124.6 r120.8
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2002 I 5.6 2.6 -2.9 5.7 4.2 0.1 0.4 0.2
II 1.8 2.1 0.3 4.7 1.4 2.8 -2.1 1.0
III 4.8 3.6 -1.2 2.0 -0.1 -2.7 7.9 1.0
IV -0.2 0.5 0.6 -0.1 -2.5 0.1 4.6 1.7
ANNUAL 4.1 1.5 -2.5 3.5 1.9 -0.5 3.8 1.0
2003 I 3.3 1.1 -2.2 5.5 1.7 2.1 1.7 1.9
II r6.9 4.6 -2.2 r7.5 7.2 0.6 0.6 0.6
III 9.1 10.4 1.2 r4.6 r2.1 -4.1 12.5 1.8
IV r-1.4 1.1 2.5 2.9 1.8 4.3 -2.1 1.8
ANNUAL 3.8 3.1 -0.7 4.1 1.7 0.2 3.6 1.5
2004 I r2.4 r3.7 1.2 r0.6 r-2.9 r-1.8 r12.4 r3.4
II r3.9 r4.4 0.5 r5.2 r1.0 r1.3 r7.5 3.6
III r1.2 r4.0 2.8 r5.3 r3.0 r4.1 -1.8 r1.8
IV r2.0 r3.0 1.0 r6.3 r2.6 r4.2 r2.2 r3.5
ANNUAL r2.9 r4.2 1.3 r3.7 1.1 r0.9 r5.4 2.6
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2002 I 4.8 0.5 -4.1 3.4 2.2 -1.3 6.3 1.3
II 3.9 0.8 -2.9 3.9 2.5 0.0 2.4 0.9
III 4.7 2.5 -2.1 3.8 2.2 -0.8 3.9 0.9
IV 3.0 2.2 -0.8 3.1 0.7 0.1 2.6 1.0
ANNUAL 4.1 1.5 -2.5 3.5 1.9 -0.5 3.8 1.0
2003 I 2.4 1.8 -0.6 3.0 0.1 0.6 2.9 1.4
II 3.7 2.4 -1.3 3.7 1.5 0.0 3.6 1.3
III 4.7 4.0 -0.7 4.4 2.1 -0.4 4.7 1.5
IV 4.4 4.2 -0.2 5.1 3.2 0.7 3.0 1.5
ANNUAL 3.8 3.1 -0.7 4.1 1.7 0.2 3.6 1.5
2004 I r4.2 r4.9 r0.7 r3.9 r2.0 r-0.3 r5.6 1.9
II r3.4 r4.8 r1.4 3.3 0.5 r-0.1 r7.4 r2.6
III r1.5 r3.3 1.7 r3.5 r0.7 r1.9 r3.8 r2.6
IV 2.4 3.8 1.4 r4.3 r0.9 r1.9 r4.9 r3.0
ANNUAL r2.9 r4.2 1.3 r3.7 1.1 r0.9 r5.4 2.6
--------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
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
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
2002 I 122.7 142.5 r116.1 r143.1 r115.1 116.6 115.0 116.0
II r122.9 143.0 r116.3 r144.6 r115.4 117.7 114.8 116.6
III 124.2 144.1 116.0 145.3 115.3 117.0 116.6 116.9
IV 124.1 144.1 116.1 r145.4 r114.7 117.1 117.7 117.3
ANNUAL 123.5 143.4 116.1 144.6 115.1 117.1 116.0 116.7
2003 I r125.2 144.6 r115.5 r147.3 r115.2 117.7 118.3 117.9
II r126.9 146.1 r115.1 r149.7 r116.9 118.0 118.1 118.0
III r130.1 150.0 r115.3 r151.7 r117.8 r116.6 121.5 118.4
IV r129.9 150.6 r115.9 r152.9 r118.4 r117.7 r120.5 118.7
ANNUAL r128.0 147.8 r115.4 r150.4 r117.1 117.5 r119.6 118.3
2004 I r130.2 r151.5 r116.4 r152.9 r117.4 r117.4 r123.7 r119.7
II r131.7 r153.4 r116.5 r154.9 r117.7 r117.6 r125.9 r120.6
III r132.0 r154.9 r117.3 r156.8 r118.5 r118.8 r125.7 r121.4
IV r132.2 r155.9 r117.9 r158.9 r119.0 r120.2 r126.5 r122.5
ANNUAL r131.5 r153.9 r117.0 r155.9 r118.2 r118.5 r125.5 r121.1
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2002 I 6.9 3.5 -3.2 6.2 4.7 -0.7 1.2 0.0
II 0.7 1.4 0.6 4.4 1.2 3.6 -0.9 2.0
III 4.2 3.1 -1.0 1.9 -0.2 -2.2 6.6 0.9
IV -0.1 0.1 0.2 0.1 -2.3 0.2 3.9 1.6
ANNUAL 4.1 1.5 -2.6 3.6 2.0 -0.5 4.0 1.1
2003 I 3.4 1.2 -2.1 5.5 1.7 2.0 1.8 2.0
II 5.7 4.3 -1.3 6.7 6.4 1.0 -0.6 0.4
III 10.4 11.0 0.5 5.4 2.9 -4.5 11.9 1.3
IV -0.5 1.6 2.2 3.3 2.2 3.8 -3.2 1.1
ANNUAL 3.7 3.1 -0.6 4.0 1.7 0.3 3.1 1.3
2004 I r0.9 r2.6 1.7 r-0.2 r-3.6 r-1.0 r11.3 r3.4
II r4.7 r5.0 0.3 r5.3 r1.1 r0.6 r7.1 r3.0
III r0.9 r3.8 3.0 r5.2 r2.9 r4.3 -0.4 2.4
IV r0.7 r2.6 2.0 r5.4 r1.7 r4.7 r2.4 r3.8
ANNUAL r2.7 r4.1 1.4 3.6 0.9 r0.9 r4.9 2.4
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2002 I 5.1 0.7 -4.2 3.5 2.2 -1.6 6.5 1.2
II 3.9 0.8 -3.0 4.0 2.6 0.1 2.8 1.0
III 4.5 2.3 -2.1 3.9 2.3 -0.6 4.1 1.1
IV 2.9 2.0 -0.8 3.1 0.8 0.2 2.7 1.1
ANNUAL 4.1 1.5 -2.6 3.6 2.0 -0.5 4.0 1.1
2003 I 2.0 1.5 -0.6 3.0 0.1 0.9 2.8 1.6
II 3.3 2.2 -1.0 3.5 1.3 0.2 2.9 1.2
III 4.8 4.1 r-0.6 4.4 2.1 -0.4 4.2 1.3
IV 4.7 4.5 -0.2 5.2 3.3 0.5 2.3 1.2
ANNUAL 3.7 3.1 -0.6 4.0 1.7 0.3 3.1 1.3
2004 I r4.0 r4.8 0.8 r3.8 r1.9 r-0.3 r4.6 1.6
II r3.8 r5.0 1.2 3.4 0.6 r-0.3 r6.6 r2.2
III r1.5 r3.3 1.8 r3.4 r0.6 r1.9 r3.5 2.5
IV 1.8 r3.5 1.7 r3.9 r0.5 r2.1 r5.0 3.2
ANNUAL r2.7 r4.1 1.4 3.6 0.9 r0.9 r4.9 2.4
--------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Appendix table 3. Manufacturing sector: Revised productivity, hourly compensation, and unit labor costs,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2002 I r147.0 r134.2 r91.2 r144.6 r116.3 r98.3
II r149.9 r136.0 r90.7 r147.6 r117.8 r98.4
III r152.3 r136.9 r89.8 r149.1 r118.3 r97.9
IV r154.1 r136.6 r88.7 r150.1 r118.4 r97.4
ANNUAL r150.8 r135.9 r90.1 r147.8 r117.7 r98.0
2003 I r157.3 r137.3 r87.3 r154.5 r120.8 r98.2
II r159.2 r136.5 r85.8 r157.2 r122.8 r98.8
III r162.4 r137.2 r84.5 r159.4 r123.7 r98.1
IV r161.8 r138.0 r85.3 r161.8 r125.3 r100.0
ANNUAL r160.1 r137.3 r85.7 r158.2 r123.1 r98.8
2004 I r161.2 r138.4 r85.8 r156.8 r120.4 r97.2
II r162.7 r139.1 r85.5 r159.8 r121.4 r98.2
III r163.8 r140.0 r85.5 r163.5 r123.6 r99.8
IV r166.4 r141.1 r84.8 r165.8 r124.2 r99.7
ANNUAL r163.5 r139.7 r85.4 r161.5 r122.4 r98.7
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2002 I r9.4 r2.3 r-6.5 17.1 15.4 r7.0
II r8.1 r5.7 r-2.3 8.7 5.3 r0.6
III r6.6 r2.6 r-3.8 4.2 2.0 r-2.3
IV r4.7 r-0.8 r-5.2 2.8 0.3 r-1.8
ANNUAL r6.9 r-0.7 -7.1 7.3 5.6 r0.3
2003 I r8.7 r2.1 r-6.1 12.2 8.2 r3.3
II r4.7 r-2.3 r-6.7 7.2 6.9 r2.4
III r8.4 r1.9 -6.0 5.5 3.0 r-2.7
IV r-1.5 r2.6 r4.1 6.4 5.3 r8.0
ANNUAL 6.2 1.0 -4.9 7.0 4.7 0.8
2004 I r-1.4 r1.1 r2.5 r-11.9 r-14.9 r-10.7
II r3.6 r2.1 r-1.4 r7.8 r3.5 r4.1
III r2.8 r2.4 r-0.4 r9.8 r7.4 r6.8
IV r6.4 r3.3 r-2.9 r5.6 r2.0 r-0.7
ANNUAL r2.1 r1.8 r-0.3 2.0 r-0.6 r-0.1
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2002 I r5.4 r-4.5 r-9.3 4.7 3.4 r-0.6
II r6.8 r-1.5 -7.8 7.5 6.1 r0.6
III r8.2 r1.1 -6.6 8.8 7.2 r0.6
IV 7.2 r2.4 r-4.5 8.0 5.6 r0.8
ANNUAL r6.9 r-0.7 -7.1 7.3 5.6 r0.3
2003 I r7.0 r2.4 -4.3 6.9 3.9 r-0.1
II r6.1 0.4 -5.4 6.5 4.3 r0.4
III r6.6 0.2 -6.0 6.9 r4.6 0.3
IV r5.0 r1.0 r-3.8 7.8 5.8 2.7
ANNUAL 6.2 1.0 -4.9 7.0 4.7 0.8
2004 I r2.5 r0.8 r-1.6 r1.5 r-0.4 r-1.0
II r2.2 r1.9 r-0.3 1.6 r-1.1 r-0.6
III r0.9 r2.0 r1.2 r2.6 r-0.1 r1.7
IV r2.8 r2.2 r-0.6 r2.4 r-0.9 r-0.4
ANNUAL r2.1 r1.8 r-0.3 2.0 r-0.6 r-0.1
-------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Appendix table 4. Durable manufacturing sector: Revised productivity, hourly compensation, and unit labor costs,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2002 I r165.1 r156.7 r94.9 141.9 r114.1 r85.9
II r169.0 r159.7 r94.5 r145.0 r115.7 r85.8
III r172.5 r161.3 r93.5 r146.1 r116.0 r84.7
IV r175.8 r161.3 r91.7 r147.3 r116.2 r83.8
ANNUAL r170.5 r159.8 r93.7 r145.0 r115.4 r85.1
2003 I r179.0 r161.7 r90.4 r153.0 r119.6 r85.5
II r181.0 r160.5 r88.7 r155.8 r121.7 r86.1
III r185.9 r162.2 r87.2 r158.0 r122.7 r85.0
IV r184.9 r163.7 r88.5 160.5 124.3 r86.8
ANNUAL r182.6 r162.0 r88.7 r156.8 r122.0 r85.8
2004 I r183.8 r164.8 r89.6 r152.3 r116.9 r82.8
II r184.4 r165.0 r89.5 r155.6 r118.2 r84.3
III r185.1 r166.1 r89.7 r159.6 r120.6 r86.2
IV r187.9 r167.4 r89.1 r161.2 r120.8 r85.8
ANNUAL r185.3 r165.8 r89.5 r157.2 r119.1 r84.8
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2002 I r10.6 r2.5 r-7.3 12.0 10.4 r1.3
II r9.9 r7.8 r-1.8 9.2 5.8 r-0.6
III r8.5 r4.1 r-4.0 3.0 0.8 r-5.1
IV r8.0 r0.0 r-7.4 3.2 0.7 r-4.4
ANNUAL r7.5 r-1.4 r-8.2 6.4 4.7 r-1.1
2003 I r7.3 r1.0 r-5.9 16.6 12.5 r8.7
II r4.5 r-3.0 r-7.2 7.4 7.0 r2.7
III r11.3 r4.2 r-6.4 5.8 3.3 r-4.9
IV r-2.1 r3.9 6.1 r6.4 r5.3 r8.6
ANNUAL r7.1 r1.4 -5.3 8.1 5.7 r0.9
2004 I r-2.2 r2.7 r5.1 r-18.8 r-21.6 r-17.0
II r1.3 r0.4 r-0.9 r8.8 r4.5 r7.4
III r1.4 r2.7 r1.3 r10.7 r8.3 r9.2
IV r6.2 r3.2 r-2.9 r4.2 r0.6 r-1.9
ANNUAL r1.5 r2.3 r0.9 r0.2 r-2.4 r-1.2
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2002 I r4.9 r-6.7 r-11.0 4.1 2.8 r-0.7
II r7.0 r-2.8 r-9.1 6.8 5.4 r-0.2
III r8.9 r0.9 -7.3 7.8 6.1 r-1.0
IV r9.2 r3.6 r-5.2 6.8 4.4 r-2.2
ANNUAL r7.5 r-1.4 r-8.2 6.4 4.7 r-1.1
2003 I r8.4 r3.2 -4.8 7.9 4.9 r-0.5
II r7.1 r0.5 -6.1 7.4 5.2 r0.3
III r7.8 r0.5 -6.7 r8.1 5.8 r0.4
IV r5.2 1.5 r-3.5 9.0 7.0 r3.6
ANNUAL r7.1 r1.4 -5.3 8.1 5.7 r0.9
2004 I r2.7 r1.9 r-0.8 r-0.5 r-2.3 r-3.1
II r1.9 r2.8 r0.8 r-0.1 r-2.8 r-2.0
III r-0.4 r2.4 r2.9 r1.0 r-1.7 r1.4
IV r1.6 r2.3 r0.6 r0.5 r-2.8 r-1.1
ANNUAL r1.5 r2.3 r0.9 r0.2 r-2.4 r-1.2
-------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Appendix table 5. Nondurable manufacturing sector: Revised productivity, hourly compensation, and
unit labor costs, seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2002 I r128.5 r110.1 r85.7 r148.1 r119.1 r115.3
II r130.5 r111.0 r85.0 r150.9 r120.4 r115.6
III r131.9 r111.2 r84.3 r153.3 r121.7 r116.2
IV r131.7 r110.6 r84.0 r154.2 r121.6 r117.1
ANNUAL r130.7 r110.7 r84.8 r151.6 r120.7 r116.0
2003 I r134.9 r111.5 r82.6 r155.9 r121.8 r115.5
II r136.5 r111.1 r81.4 r158.5 r123.8 r116.2
III r138.1 r110.9 r80.3 r160.5 r124.6 r116.2
IV r138.2 r111.2 r80.5 162.8 r126.1 r117.8
ANNUAL r136.9 r111.1 r81.2 r159.4 r124.1 r116.4
2004 I r138.6 r111.0 r80.1 r163.7 r125.7 r118.1
II r140.9 r112.2 r79.6 r166.0 r126.2 r117.9
III r142.8 r112.8 r79.0 r169.1 r127.8 r118.4
IV r145.1 r113.8 r78.4 r172.6 r129.3 r119.0
ANNUAL r141.8 r112.4 r79.3 r167.8 r127.2 r118.3
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2002 I r8.2 2.5 r-5.3 27.8 26.0 r18.1
II r6.4 r3.3 r-2.9 7.6 4.3 r1.2
III r4.2 r0.7 -3.4 6.5 4.3 r2.2
IV r-0.5 r-1.9 r-1.4 2.4 -0.1 r2.9
ANNUAL 5.7 0.3 -5.1 9.4 7.6 r3.4
2003 I r10.1 r3.1 r-6.4 4.4 0.7 r-5.2
II r4.7 r-1.5 -5.9 7.1 r6.8 r2.3
III r4.9 r-0.8 r-5.4 r5.0 r2.5 r0.1
IV r0.2 r1.2 r1.0 5.8 4.7 r5.7
ANNUAL r4.8 r0.4 -4.2 5.1 2.8 r0.3
2004 I r1.1 r-0.6 r-1.7 r2.2 r-1.3 r1.0
II r6.9 r4.4 r-2.3 r5.9 r1.7 r-0.9
III r5.4 r2.1 r-3.2 r7.6 r5.2 r2.0
IV r6.6 r3.5 -2.9 r8.4 r4.7 r1.7
ANNUAL r3.6 r1.2 r-2.3 r5.3 r2.5 r1.6
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2002 I 5.2 -1.5 -6.4 6.4 5.1 r1.2
II 6.0 0.4 r-5.4 9.3 7.9 3.1
III 7.2 1.4 r-5.3 11.1 9.4 3.7
IV r4.5 r1.1 -3.3 10.7 8.2 r5.9
ANNUAL 5.7 0.3 -5.1 9.4 7.6 r3.4
2003 I r5.0 r1.3 -3.5 5.2 2.3 r0.2
II r4.5 r0.1 -4.3 5.1 2.9 r0.5
III r4.7 r-0.3 r-4.8 4.7 2.4 r0.0
IV r4.9 r0.5 r-4.2 5.6 3.7 r0.6
ANNUAL r4.8 r0.4 -4.2 5.1 2.8 r0.3
2004 I r2.7 r-0.4 r-3.0 r5.0 r3.1 2.3
II r3.2 r1.0 r-2.1 r4.7 r1.9 r1.4
III r3.4 r1.8 r-1.6 r5.4 r2.6 r1.9
IV r5.0 r2.3 r-2.5 r6.0 r2.5 r1.0
ANNUAL r3.6 r1.2 r-2.3 r5.3 r2.5 r1.6
-------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
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
Output Hourly Real Unit Total Unit Implicit
Year per all- compen- hourly Unit non- unit pro- price
and employee Employee sation compen- labor labor costs fits deflator
quarter hour Output hours (1) sation(2) costs costs(6) (7) (8) (4)
----------------------------------------------------------------------------------------------------------
Indexes 1992=100
2002 I r127.3 149.3 r117.3 r141.6 r113.9 111.2 113.0 111.7 85.8 109.4
II 129.3 151.3 117.0 143.5 114.5 111.0 110.7 110.9 94.5 109.4
III r130.6 152.2 r116.6 r144.4 r114.6 110.6 110.0 110.5 100.3 109.5
IV r131.6 153.0 r116.3 r144.9 r114.3 110.1 109.6 110.0 111.2 110.1
ANNUAL 129.7 151.5 116.8 143.6 114.3 110.7 110.8 110.7 98.0 109.6
2003 I r132.1 152.3 r115.3 r146.2 r114.3 110.7 112.6 111.2 102.9 110.5
II r133.8 153.6 r114.8 r148.8 r116.2 111.2 111.0 111.2 105.7 110.7
III 135.9 155.9 114.7 150.8 117.1 111.0 110.7 110.9 112.8 111.1
IV r136.6 157.5 r115.3 r152.0 r117.7 111.2 110.0 110.9 117.8 111.5
ANNUAL 134.6 154.8 115.0 149.5 116.3 111.0 111.1 111.0 109.9 110.9
2004 I r137.4 r159.4 r116.1 r150.8 r115.8 r109.8 r109.6 r109.7 r135.2 112.0
II r138.9 r161.5 r116.2 r152.8 r116.2 r110.0 r109.4 r109.8 r145.8 r113.1
III r140.7 r164.4 r116.8 r154.9 r117.1 r110.1 r109.2 r109.8 r150.6 r113.5
IV r140.2 r164.5 r117.3 r156.9 r117.6 r111.9 r109.7 r111.3 r148.4 r114.6
ANNUAL r139.3 r162.4 r116.6 r153.9 r116.7 r110.5 r109.5 r110.2 r145.1 113.3
----------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2002 I 5.2 2.9 -2.2 2.5 1.1 -2.6 -9.0 -4.4 66.8 -0.8
II 6.4 5.6 -0.8 5.4 2.1 -0.9 -7.9 -2.9 46.9 0.1
III 4.0 2.3 -1.5 2.7 0.5 -1.2 -2.4 -1.6 27.0 0.5
IV 3.1 2.0 -1.1 1.2 -1.3 -1.9 -1.6 -1.8 50.9 1.9
ANNUAL 4.0 0.9 -3.0 3.6 1.9 -0.4 -1.6 -0.7 19.2 0.6
2003 I 1.6 -1.8 -3.3 3.9 0.2 2.3 11.4 4.7 -26.5 1.5
II 5.3 3.6 -1.6 7.3 6.9 1.9 -5.6 -0.2 11.3 0.7
III 6.3 6.1 -0.2 5.4 2.9 -0.8 -1.2 -0.9 29.4 1.4
IV 2.3 4.3 2.0 r3.1 2.1 0.9 -2.5 -0.1 18.9 1.6
ANNUAL 3.8 2.2 -1.5 4.1 1.8 0.3 0.2 0.3 12.1 1.2
2004 I r2.2 r4.8 2.6 r-3.0 r-6.3 r-5.0 r-1.5 r-4.1 r73.6 1.8
II r4.7 r5.3 0.6 r5.5 r1.3 r0.8 r-0.6 r0.4 r35.4 r3.8
III r5.2 r7.5 2.2 r5.5 r3.2 r0.3 r-0.8 r0.0 r13.8 r1.5
IV r-1.4 r0.1 1.5 r5.3 r1.7 r6.9 r2.0 r5.5 r-5.7 r4.1
ANNUAL r3.5 r4.9 1.4 r3.0 r0.3 r-0.5 r-1.4 r-0.8 r32.0 2.1
----------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2002 I 3.0 -1.7 -4.5 3.6 2.4 0.6 3.5 1.4 -1.9 1.2
II 3.8 0.2 -3.5 4.0 2.6 0.2 -0.8 -0.1 8.7 0.5
III 4.6 1.9 -2.6 3.7 2.1 -0.8 -3.5 -1.5 27.0 0.3
IV 4.7 3.2 -1.4 2.9 0.6 -1.7 -5.3 -2.7 47.2 0.4
ANNUAL 4.0 0.9 -3.0 3.6 1.9 -0.4 -1.6 -0.7 19.2 0.6
2003 I 3.8 2.0 -1.7 3.3 0.4 -0.5 -0.4 -0.4 20.0 1.0
II 3.5 1.5 -1.9 3.7 1.5 0.2 0.3 0.2 11.9 1.1
III 4.1 2.4 -1.6 4.4 2.1 0.3 0.6 0.4 12.4 1.4
IV 3.8 3.0 -0.8 4.9 3.0 1.0 0.3 0.8 5.9 1.3
ANNUAL 3.8 2.2 -1.5 4.1 1.8 0.3 0.2 0.3 12.1 1.2
2004 I 4.0 4.7 0.7 r3.1 r1.3 r-0.8 r-2.7 r-1.3 r31.3 1.4
II r3.8 r5.1 1.2 r2.7 r-0.1 r-1.1 r-1.4 r-1.2 r37.9 2.2
III r3.6 r5.5 1.8 2.7 0.0 r-0.8 r-1.4 r-1.0 r33.5 2.2
IV r2.6 r4.4 1.7 3.3 -0.1 r0.6 r-0.2 r0.4 r26.0 2.8
ANNUAL r3.5 r4.9 1.4 r3.0 r0.3 r-0.5 r-1.4 r-0.8 r32.0 2.1
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Appendix table 7. Manufacturing sector: Productivity, hourly compensation, and unit labor costs
Indexes 1992=100
Real
Output per Hours Compensa- compensa- Unit
hour of of all tion per tion per labor
Year all persons Output persons hour (1) hour (2) costs
-----------------------------------------------------------------------------------------------
1987 r89.0 r92.4 r103.8 r81.3 r98.0 r91.3
1988 r90.9 r97.2 r106.9 r84.1 r97.8 r92.5
1989 r91.8 r98.8 r107.6 r86.6 r96.6 r94.3
1990 r93.9 r98.5 r104.9 90.5 r96.1 r96.4
1991 r96.3 r96.8 r100.5 r95.6 r98.0 r99.2
1992 100.0 100.0 100.0 100.0 100.0 100.0
1993 r102.5 r103.9 r101.3 r102.0 r99.5 r99.5
1994 r106.1 r110.1 r103.7 r105.3 r100.6 r99.2
1995 r110.9 r115.8 r104.4 r107.3 r100.1 r96.7
1996 r114.9 r119.8 r104.2 r109.3 r99.4 r95.1
1997 r121.3 r128.6 r106.0 r112.2 r99.8 r92.5
1998 r127.9 r135.2 r105.8 r118.7 r104.2 r92.9
1999 r133.5 r140.3 r105.1 r123.4 r106.0 r92.4
2000 r138.9 r144.2 r103.8 r134.7 r112.0 r97.0
2001 r141.1 r136.8 r97.0 r137.8 r111.5 r97.7
2002 r150.8 r135.9 r90.1 r147.8 r117.7 r98.0
2003 r160.1 r137.3 r85.7 r158.2 r123.1 r98.8
2004 r163.5 r139.7 r85.4 r161.5 r122.4 r98.7
2005 r171.3 r144.6 r84.4 r168.3 r123.4 r98.2
2006 r178.2 r151.7 r85.1 r172.4 r122.5 r96.8
----------------------------------------------------------------------------------------------
See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Appendix table 8. Durable manufacturing sector: Productivity, hourly compensation, and unit labor costs
Indexes 1992=100
Real
Output per Hours Compensa- compensa- Unit
hour of of all tion per tion per labor
Year all persons Output persons hour (1) hour (2) costs
-----------------------------------------------------------------------------------------------
1987 r88.5 r94.2 r106.5 r81.2 r98.0 r91.8
1988 r90.4 r100.0 r110.7 r83.6 r97.3 r92.5
1989 r91.1 r101.1 r111.0 r85.9 r95.8 r94.3
1990 r92.9 r99.8 r107.4 r89.5 r95.0 r96.3
1991 r94.6 r96.0 r101.4 r94.9 r97.3 100.3
1992 100.0 100.0 100.0 100.0 100.0 100.0
1993 r103.9 r105.4 r101.4 r101.9 r99.4 r98.1
1994 r109.0 r114.2 r104.8 r105.4 r100.7 r96.7
1995 r115.9 r123.3 r106.4 r106.7 r99.5 r92.1
1996 r122.0 r131.0 r107.3 r108.1 r98.2 r88.6
1997 r130.5 144.0 r110.4 r110.6 r98.4 r84.8
1998 r140.5 r156.0 r111.0 r117.1 r102.7 r83.3
1999 r150.5 r166.4 r110.6 r122.4 r105.1 r81.3
2000 r157.7 r173.5 r110.0 r134.2 r111.6 r85.1
2001 r158.6 r161.9 r102.1 r136.4 r110.3 r86.0
2002 r170.5 r159.8 r93.7 r145.0 r115.4 r85.1
2003 r182.6 r162.0 r88.7 r156.8 r122.0 r85.8
2004 r185.3 r165.8 r89.5 r157.2 r119.1 r84.8
2005 r195.1 r174.1 r89.2 r163.2 r119.7 r83.6
2006 r207.4 r187.2 r90.2 r168.4 r119.6 r81.2
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See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics
Appendix table 9. Nondurable manufacturing sector: Productivity, hourly compensation, and unit labor costs
Indexes 1992=100
Real
Output per Hours Compensa- compensa- Unit
hour of of all tion per tion per labor
Year all persons Output persons hour (1) hour (2) costs
-----------------------------------------------------------------------------------------------
1987 r91.3 r91.1 r99.7 80.8 97.4 r88.5
1988 r93.2 r94.5 r101.4 r84.2 r98.0 r90.4
1989 r94.0 r96.4 r102.6 r87.2 r97.2 r92.7
1990 r95.9 r97.1 r101.2 r91.7 r97.4 r95.6
1991 r98.3 r97.4 r99.1 r96.5 r99.0 r98.2
1992 100.0 100.0 100.0 100.0 100.0 100.0
1993 r101.1 r102.4 r101.2 r102.3 r99.7 r101.1
1994 r103.4 r105.7 r102.2 r104.7 r100.1 r101.3
1995 r106.1 r107.7 r101.5 r107.8 r100.6 r101.6
1996 r108.3 r107.8 r99.5 r110.8 r100.7 r102.3
1997 r112.8 r112.2 r99.4 r114.1 r101.5 r101.1
1998 r115.8 r113.4 r97.9 r120.3 r105.6 r103.9
1999 r116.9 r113.3 r96.9 r123.6 r106.2 r105.7
2000 r120.8 r114.1 r94.4 r133.2 r110.8 r110.3
2001 r123.6 r110.4 r89.3 r138.6 r112.1 r112.2
2002 r130.7 r110.7 r84.8 r151.6 r120.7 r116.0
2003 r136.9 r111.1 r81.2 r159.4 r124.1 r116.4
2004 r141.8 r112.4 r79.3 r167.8 r127.2 r118.3
2005 r148.6 r114.6 r77.1 r175.8 r129.0 r118.3
2006 r151.0 r117.0 r77.5 r177.8 r126.3 r117.7
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See footnotes following Table 6. August 7, 2007
r=revised Source: Bureau of Labor Statistics