Productivity and Costs News Release


Transmission of material in this release is embargoed until       USDL 14-1641
8:30 a.m. (EDT) Thursday, September 4, 2014

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 2014, Revised
                     

Nonfarm business sector labor productivity increased at a 2.3 percent annual 
rate during the second quarter of 2014, the U.S. Bureau of Labor Statistics 
reported today, as hours increased 2.6 percent and output increased 5.0 
percent. (All quarterly percent changes in this release are seasonally 
adjusted annual rates.) From the second quarter of 2013 to the second quarter 
of 2014, productivity increased 1.1 percent as output and hours worked rose 
3.2 percent and 2.0 percent, respectively. (See table A.) 

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. The measures released today were 
based on more recent source data than were available for the preliminary 
report.  

Unit labor costs in nonfarm businesses edged down 0.1 percent in the second 
quarter of 2014, and increased 1.7 percent over the last four quarters. (See 
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 increased 3.3 percent in the second quarter 
of 2014, as output increased 6.9 percent and hours worked increased 3.5 
percent. The increase in output was the largest since the second quarter of 
2010 (11.6 percent). Productivity increased 3.4 percent in the durable goods 
sector and increased 4.7 percent in the nondurable goods sector. Over the 
last 4 quarters, manufacturing productivity increased 2.1 percent, as output 
increased 3.7 percent and hours increased 1.6 percent. Unit labor costs in 
manufacturing decreased 1.6 percent in the second quarter of 2014 and 
increased 0.8 percent from the same quarter a year ago. (See tables A and 3.) 

The concepts, sources, and methods used for the manufacturing output series 
differ from those used in the business and nonfarm business output series; 
these output measures are not directly comparable. See Technical Notes for a 
more detailed explanation.

Preliminary second-quarter 2014 measures of productivity and costs were 
announced for the nonfinancial corporate sector. Productivity increased 3.1 
percent in the second quarter of 2014 as output and hours rose 7.8 percent 
and 4.5 percent, respectively. Unit labor costs fell 1.2 percent, as the 
1.8 percent gain in hourly compensation was less than the 3.1 percent gain 
in productivity. (See tables C and 6.)


Revised measures
                
The measures released today are based on more recent source data than were 
available for the preliminary report. Table B presents previous and revised 
productivity and related measures for the major sectors: nonfarm business, 
business, and manufacturing. Output data for manufacturing incorporates 
revised annual output indexes constructed by BLS using data from the U.S. 
Bureau of the Census. Manufacturing measures based on output--including 
productivity and unit labor costs--were subject to revision back to the 
beginning of the series in 1987. Revised quarterly and annual series for 
recent years for all sectors appear in tables 1-6. Revised annual indexes for 
the manufacturing sectors for all years appear in appendix tables 1-3. Full 
historical annual and quarterly measures can be found on the productivity and 
costs home page: www.bls.gov/lpc/#data.

In the second quarter of 2014, nonfarm business productivity growth was 
revised down to 2.3 percent from 2.5 percent, due to a downward revision to 
output. Unit labor costs declined 0.1 percent rather than increasing 0.6 
percent as reported August 8, due primarily to a downward revision to 
hourly compensation. In the manufacturing sector, productivity growth was 
revised down, reflecting both an upward revision to hours worked and a small 
downward revision to output. Unit labor costs decreased more than previously 
reported, as hourly compensation was revised down by more than productivity.

In the first quarter of 2014, nonfarm business productivity was unrevised 
and fell 4.5 percent. Hourly compensation, and therefore unit labor costs, 
increased slightly less than previously reported. In the manufacturing 
sector, productivity increased at the same 3.2 percent rate as the 
preliminary estimate. Hourly compensation and unit labor costs were revised 
upwards.

Annual average productivity growth for 2013 in the total manufacturing sector 
was revised to 2.0 percent from 2.3 percent due to a downward revision to 
output. For the full series from 1987 to 2013, the average annual rate of 
manufacturing productivity growth was 3.2 percent, unchanged from data 
published August 8.

Table C presents previous and revised productivity and related measures for 
the nonfinancial corporate sector. In the first quarter of 2014, nonfinancial 
corporate sector productivity declined 1.1 percent, rather than 0.9 percent 
as reported August 8. Unit labor costs increased less in the first quarter 
than previously reported, as hourly compensation was revised down by more 
than productivity. 

______________  







The preliminary Productivity and Costs news release for third-quarter 2014 is 
scheduled to be released on Thursday, November 6, 2014 at 8:30 a.m. (EST).



======================================================================================================
Table A. Revised second-quarter 2014 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             2.3      1.1     2.3     0.9     3.3     2.1     3.4     2.9     4.7     1.7
Output                   5.0      3.2     5.1     3.0     6.9     3.7     9.6     5.4     4.0     1.8
Hours                    2.6      2.0     2.8     2.1     3.5     1.6     6.0     2.5    -0.7     0.1
Hourly 
 compensation            2.3      2.8     2.1     2.7     1.6     2.9     0.9     2.5     2.5     3.6
Real hourly 
 compensation           -0.7      0.8    -0.9     0.7    -1.4     0.9    -2.0     0.4    -0.5     1.5
Unit labor 
 costs                  -0.1      1.7    -0.2     1.8    -1.6     0.8    -2.3    -0.4    -2.2     1.8
======================================================================================================
Table B. Revised and previous measures: second quarter and first quarter 2014 

Sector            Nonfarm                                             Durable           Nondurable
                  Business         Business         Manufacturing     Manufacturing     Manufacturing
              Revised Previous  Revised Previous  Revised Previous  Revised Previous  Revised Previous
------------------------------------------------------------------------------------------------------
                        Percent change, annual rate, second quarter 2014
                        
Productivity    2.3     2.5       2.3     2.0       3.3     3.6       3.4      2.9      4.7      5.9
Output          5.0     5.2       5.1     4.9       6.9     7.0       9.6      8.8      4.0      5.0
Hours           2.6     2.7       2.8     2.8       3.5     3.2       6.0      5.7     -0.7     -0.9
Hourly
 compensation   2.3     3.1       2.1     3.0       1.6     2.2       0.9      1.5      2.5      3.1
Real hourly
 compensation  -0.7     0.1      -0.9     0.0      -1.4    -0.8      -2.0     -1.4     -0.5      0.1
Unit labor
 costs         -0.1     0.6      -0.2     1.0      -1.6    -1.3      -2.3     -1.3     -2.2     -2.7
------------------------------------------------------------------------------------------------------
                         Percent change, annual rate, first quarter 2014
                         
Productivity   -4.5    -4.5      -5.0    -5.0       3.2     3.2       3.5      3.4      2.8      2.8
Output         -2.4    -2.4      -3.3    -3.3       1.6     1.5       1.8      1.7      1.4      1.4
Hours           2.1     2.1       1.8     1.8      -1.6    -1.6      -1.6     -1.6     -1.4     -1.4
Hourly 
 compensation   6.6     6.8       6.9     7.1       8.9     8.3      10.0      8.9      6.8      7.0
Real hourly 
 compensation   4.6     4.8       4.9     5.1       6.9     6.2       7.9      6.9      4.8      5.0
Unit labor 
 costs         11.6    11.8      12.5    12.7       5.5     5.0       6.3      5.4      3.9      4.1
======================================================================================================
Table C. Nonfinancial corporations: preliminary second quarter and revised first quarter 2014

                                                        Real 
                                           Hourly       hourly        Unit                    Implicit
             Produc-                       compen-      compen-       labor       Unit        price
             tivity    Output     Hours    sation       sation        costs       profits     deflator
------------------------------------------------------------------------------------------------------
                             Percent change, annual rate, second quarter 2014
                             
Q to Q         3.1      7.8        4.5      1.8         -1.2          -1.2         38.8         1.7
Y to Y         0.0      2.7        2.7      2.1          0.1           2.1         -1.3         0.9

                              Percent change, annual rate, first quarter 2014
                              
Revised       -1.1      0.7        1.8      6.5          4.5           7.6        -26.9         0.5
Previous      -0.9      0.9        1.8      6.8          4.8           7.8        -27.0         0.5
======================================================================================================



                        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 76 percent of the value of GDP in 2013. 
Nonfarm business, which excludes farming, accounted for about 74 
percent of GDP in 2013.
     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 49 percent of the value 
of GDP in 2013.
     
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 percent changes from the previous quarter 
presented at a compound annual rate, as percent changes from the 
corresponding quarter of the previous year, and as index number 
series where 2009=100. 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, 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)

2014 II        2.3 r       5.1 r      2.8        2.1 r     -0.9 r     -0.2 r      5.8 r      2.4 r
     I        -5.0        -3.3        1.8        6.9 r      4.9 r     12.5 r    -11.5 r      1.3  

2013 ANNUAL    1.2         2.7        1.5        1.4       -0.1        0.2        3.1        1.4  

2013 IV        3.1         4.6        1.5        1.7        0.5       -1.4        4.0        1.0  
     III       3.5         5.9        2.4        0.3       -1.7       -3.1        7.9        1.6  
     II        0.7         2.1        1.4        3.8        3.4        3.1       -1.7        1.0  
     I         2.1         3.2        1.1       -5.6       -6.7       -7.6       14.6        1.4  

2012 ANNUAL    0.9         3.1        2.2        2.8        0.7        1.9        1.7        1.8  

2012 IV       -2.0        -0.1        1.9       10.8        8.1       13.0      -12.3        1.3  
     III       1.3         3.1        1.8        0.0       -1.6       -1.3        6.5        2.0  
     II        1.8         2.3        0.4        0.8       -0.5       -1.0        6.5        2.2  
     I        -0.1         3.1        3.3       11.6        9.2       11.7      -10.0        1.7  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2014 II        0.9 r       3.0        2.1        2.7 r      0.7 r      1.8 r      1.3 r      1.6 r
     I         0.5         2.3        1.7        3.1 r      1.7 r      2.6 r     -0.6 r      1.2  

2013 ANNUAL    1.2         2.7        1.5        1.4       -0.1        0.2        3.1        1.4  

2013 IV        2.4         4.0        1.6        0.0       -1.2       -2.3        6.0        1.2  
     III       1.1         2.8        1.7        2.1        0.6        1.1        1.6        1.3  
     II        0.5         2.1        1.5        2.1        0.6        1.5        1.3        1.4  
     I         0.8         2.1        1.3        1.3       -0.3        0.5        3.3        1.7  

2012 ANNUAL    0.9         3.1        2.2        2.8        0.7        1.9        1.7        1.8  

2012 IV        0.3         2.1        1.8        5.7        3.7        5.4       -2.7        1.8  
     III       1.6         3.6        2.0        1.8        0.1        0.2        3.6        1.7  
     II        1.0         3.1        2.1        2.3        0.4        1.3        2.6        1.8  
     I         0.8         3.5        2.7        1.6       -1.2        0.8        3.8        2.1  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2014 II      105.9 r     113.9 r    107.6 r    111.5 r    100.9 r    105.3 r    112.1 r    108.2 r
     I       105.3       112.5      106.9      110.9 r    101.1 r    105.4 r    110.6 r    107.5  

2013 ANNUAL  105.5       111.6      105.7      108.5       99.9      102.8      112.2      106.7  

2013 IV      106.6       113.5      106.4      109.1       99.9      102.3      114.0      107.2  
     III     105.8       112.2      106.0      108.6       99.8      102.7      112.9      106.9  
     II      104.9       110.6      105.4      108.6      100.3      103.5      110.7      106.5  
     I       104.7       110.0      105.1      107.5       99.4      102.7      111.2      106.3  

2012 ANNUAL  104.3       108.6      104.2      107.0       99.9      102.6      108.9      105.2  

2012 IV      104.2       109.1      104.8      109.1      101.2      104.7      107.5      105.9  
     III     104.7       109.2      104.3      106.4       99.2      101.6      111.1      105.6  
     II      104.3       108.3      103.8      106.3       99.6      101.9      109.3      105.0  
     I       103.9       107.7      103.7      106.1       99.8      102.2      107.6      104.5  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                  September 4, 2014
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)

2014 II        2.3 r       5.0 r      2.6 r      2.3 r     -0.7 r     -0.1 r      4.8 r      2.0 r
     I        -4.5        -2.4        2.1        6.6 r      4.6 r     11.6 r    -11.7 r      0.8  

2013 ANNUAL    0.9         2.6        1.7        1.1       -0.3        0.2        2.9        1.4  

2013 IV        3.3         4.7        1.4        1.9        0.7       -1.3        5.0        1.4  
     III       3.6         5.6        1.9        0.7       -1.4       -2.9        8.5        1.9  
     II        0.5         2.0        1.5        3.7        3.2        3.2       -0.7        1.5  
     I         0.8         2.4        1.6       -6.3       -7.4       -7.0       12.7        0.9  

2012 ANNUAL    1.0         3.2        2.2        2.7        0.6        1.7        2.0        1.8  

2012 IV       -2.0         0.1        2.2       10.4        7.8       12.7      -12.8        1.0  
     III       1.7         3.7        2.0       -0.2       -1.8       -1.8        6.7        1.8  
     II        1.8         2.3        0.5        0.7       -0.7       -1.2        7.0        2.3  
     I         0.2         3.3        3.2       11.6        9.3       11.4       -9.9        1.6  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2014 II        1.1 r       3.2        2.0        2.8 r      0.8 r      1.7 r      1.3 r      1.5  
     I         0.7         2.4        1.7        3.2 r      1.8        2.5 r      0.0 r      1.4  

2013 ANNUAL    0.9         2.6        1.7        1.1       -0.3        0.2        2.9        1.4  

2013 IV        2.0         3.7        1.6       -0.1       -1.3       -2.1        6.2        1.4  
     III       0.7         2.5        1.8        1.9        0.4        1.2        1.4        1.3  
     II        0.2         2.0        1.8        1.7        0.3        1.5        1.0        1.3  
     I         0.6         2.1        1.5        1.0       -0.7        0.4        2.9        1.5  

2012 ANNUAL    1.0         3.2        2.2        2.7        0.6        1.7        2.0        1.8  

2012 IV        0.4         2.3        1.9        5.5        3.5        5.1       -2.7        1.6  
     III       1.7         3.8        2.0        1.6        0.0       -0.1        4.1        1.7  
     II        1.1         3.1        2.0        2.3        0.4        1.2        2.8        1.9  
     I         0.9         3.7        2.7        1.5       -1.2        0.6        4.0        2.0  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2014 II      106.0 r     114.2 r    107.8 r    111.4 r    100.8 r    105.1 r    110.8 r    107.5 r
     I       105.4       112.9      107.1      110.7 r    101.0 r    105.1 r    109.5 r    106.9  

2013 ANNUAL  105.4       111.7      105.9      108.3       99.7      102.7      110.9      106.1  

2013 IV      106.6       113.5      106.5      109.0       99.9      102.3      113.0      106.7  
     III     105.7       112.2      106.2      108.5       99.7      102.6      111.6      106.4  
     II      104.8       110.7      105.7      108.3      100.0      103.4      109.4      105.9  
     I       104.7       110.2      105.3      107.3       99.2      102.5      109.6      105.5  

2012 ANNUAL  104.5       108.9      104.2      107.1      100.0      102.4      107.8      104.7  

2012 IV      104.4       109.5      104.9      109.1      101.1      104.4      106.3      105.2  
     III     105.0       109.5      104.3      106.4       99.3      101.4      110.0      105.0  
     II      104.5       108.5      103.8      106.5       99.7      101.8      108.3      104.5  
     I       104.1       107.9      103.7      106.3       99.9      102.1      106.5      103.9  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                  September 4, 2014
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)

2014 II            3.3 r          6.9 r          3.5 r          1.6 r         -1.4 r         -1.6 r
     I             3.2            1.6 r         -1.6            8.9 r          6.9 r          5.5 r

2013 ANNUAL        2.0 r          2.7 r          0.7            0.6           -0.8           -1.4 r

2013 IV            1.3            4.7            3.4            0.8           -0.4           -0.5  
     III           0.5            1.7            1.1            0.6           -1.4            0.0  
     II            3.7            1.5           -2.2            2.9            2.4           -0.9  
     I             3.1            4.8            1.7           -2.3           -3.4           -5.2  

2012 ANNUAL        1.0 r          3.3 r          2.3            1.7           -0.3            0.8 r

2012 IV            1.9 r          2.4 r          0.4            4.3            1.8            2.4 r
     III           0.1 r          1.2 r          1.1           -2.1           -3.7           -2.1 r
     II            1.0 r          2.4 r          1.3            0.4           -1.0           -0.7 r
     I             2.8 r          6.1 r          3.1           10.7            8.4            7.6 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2014 II            2.1            3.7            1.6 r          2.9            0.9            0.8  
     I             2.2            2.4            0.2            3.2 r          1.8 r          1.0 r

2013 ANNUAL        2.0 r          2.7 r          0.7            0.6           -0.8           -1.4 r

2013 IV            2.2 r          3.2            1.0            0.5           -0.7           -1.7  
     III           2.3 r          2.6 r          0.3            1.3           -0.2           -1.0  
     II            2.2 r          2.4 r          0.3            0.7           -0.8           -1.5 r
     I             1.5 r          2.7 r          1.1            0.0           -1.6           -1.4 r

2012 ANNUAL        1.0 r          3.3 r          2.3            1.7           -0.3            0.8 r

2012 IV            1.5 r          3.0 r          1.5            3.2            1.3            1.7 r
     III           0.6 r          3.2 r          2.6            0.9           -0.7            0.4 r
     II            1.5 r          4.0 r          2.4            1.8           -0.1            0.3 r
     I             0.4 r          3.2 r          2.8            1.0           -1.7            0.7 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2014 II          112.7 r        119.7 r        106.3 r        108.6 r         98.3 r         96.4 r
     I           111.7 r        117.7 r        105.3          108.2 r         98.6 r         96.8 r

2013 ANNUAL      110.3 r        115.9 r        105.1          105.5           97.1           95.6 r

2013 IV          110.9 r        117.2 r        105.8          105.9           97.0           95.5 r
     III         110.5 r        115.9 r        104.9          105.7           97.1           95.6 r
     II          110.4 r        115.4 r        104.6          105.5           97.5           95.6 r
     I           109.4 r        115.0 r        105.2          104.8           96.9           95.8 r

2012 ANNUAL      108.1 r        112.8 r        104.4          104.8           97.9           97.0 r

2012 IV          108.5 r        113.6 r        104.7          105.4           97.7           97.1 r
     III         108.0 r        113.0 r        104.6          104.3           97.3           96.6 r
     II          108.0 r        112.7 r        104.3          104.8           98.2           97.1 r
     I           107.7 r        112.0 r        104.0          104.7           98.5           97.2 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                  September 4, 2014
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)

2014 II            3.4 r          9.6 r          6.0 r          0.9 r         -2.0 r         -2.3 r
     I             3.5 r          1.8 r         -1.6           10.0 r          7.9 r          6.3 r

2013 ANNUAL        3.1 r          4.2 r          1.0            0.1           -1.4           -3.0 r

2013 IV            2.6            6.9            4.2           -1.7           -2.9           -4.2  
     III           2.0            3.6            1.6            1.0           -1.0           -0.9  
     II            5.2            2.9           -2.1            2.6            2.1           -2.5  
     I             3.4            6.4            2.9           -3.4           -4.5           -6.5  

2012 ANNUAL        3.0 r          6.0 r          2.9            1.3           -0.7           -1.6 r

2012 IV            3.3 r          3.6 r          0.3            5.1            2.6            1.7 r
     III           0.5 r          1.1 r          0.6           -3.4           -5.0           -4.0 r
     II            3.4 r          5.3 r          1.9           -1.0           -2.4           -4.3 r
     I             7.0 r         10.3 r          3.1           11.9            9.6            4.6 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2014 II            2.9 r          5.4 r          2.5 r          2.5 r          0.4 r         -0.4 r
     I             3.3            3.8            0.5            2.9 r          1.5 r         -0.4 r

2013 ANNUAL        3.1 r          4.2 r          1.0            0.1           -1.4           -3.0 r

2013 IV            3.3            4.9            1.6           -0.4           -1.6           -3.5  
     III           3.5 r          4.1 r          0.6            1.3           -0.2           -2.1 r
     II            3.1 r          3.5 r          0.4            0.1           -1.3           -2.9 r
     I             2.6 r          4.1 r          1.4           -0.7           -2.4           -3.3 r

2012 ANNUAL        3.0 r          6.0 r          2.9            1.3           -0.7           -1.6 r

2012 IV            3.5 r          5.1 r          1.5            3.0            1.0           -0.5 r
     III           2.5 r          5.8 r          3.2            0.2           -1.5           -2.3 r
     II            4.1 r          7.3 r          3.2            1.6           -0.3           -2.4 r
     I             1.8 r          5.9 r          4.0            0.7           -2.1           -1.1 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2014 II          122.9 r        134.9 r        109.8 r        107.4 r         97.2 r         87.4 r
     I           121.9 r        131.8 r        108.2          107.1 r         97.7 r         87.9 r

2013 ANNUAL      119.6 r        128.8 r        107.7          104.7           96.4           87.5 r

2013 IV          120.8 r        131.2 r        108.6          104.6           95.8           86.6 r
     III         120.1 r        129.1 r        107.5          105.1           96.5           87.5 r
     II          119.5 r        127.9 r        107.1          104.8           96.8           87.7 r
     I           118.0 r        127.0 r        107.7          104.1           96.3           88.3 r

2012 ANNUAL      116.0 r        123.7 r        106.6          104.6           97.7           90.2 r

2012 IV          117.0 r        125.1 r        106.9          105.0           97.4           89.8 r
     III         116.1 r        124.0 r        106.8          103.7           96.8           89.4 r
     II          115.9 r        123.6 r        106.6          104.6           98.0           90.3 r
     I           114.9 r        122.0 r        106.2          104.9           98.6           91.3 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                  September 4, 2014
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)

2014 II            4.7 r          4.0 r         -0.7 r          2.5 r         -0.5 r         -2.2 r
     I             2.8            1.4           -1.4            6.8 r          4.8 r          3.9 r

2013 ANNUAL        1.2            1.3            0.1            1.6            0.2            0.4  

2013 IV            0.3            2.3            2.0            5.7            4.4            5.3  
     III          -0.8           -0.4            0.4           -0.4           -2.4            0.4  
     II            2.2           -0.1           -2.3            3.4            2.9            1.2  
     I             3.4            3.1           -0.3           -0.5           -1.6           -3.8  

2012 ANNUAL        0.0            1.3 r          1.3            2.4            0.3            2.4  

2012 IV            0.6            1.2            0.7            2.9            0.4            2.3  
     III          -0.2            1.7            1.9            0.8           -0.9            1.0  
     II           -0.5 r         -0.1 r          0.4            3.0            1.6            3.5 r
     I            -0.5 r          2.6            3.2            8.3            6.1            8.9 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2014 II            1.7 r          1.8 r          0.1 r          3.6 r          1.5 r          1.8 r
     I             1.1            0.8           -0.3            3.8 r          2.4            2.7  

2013 ANNUAL        1.2            1.3            0.1            1.6            0.2            0.4  

2013 IV            1.3            1.2           -0.1            2.0            0.8            0.7  
     III           1.3            0.9           -0.4            1.3           -0.2            0.0  
     II            1.5            1.5            0.0            1.6            0.2            0.1 r
     I             0.8            1.5 r          0.7            1.5           -0.1            0.7  

2012 ANNUAL        0.0            1.3 r          1.3            2.4            0.3            2.4  

2012 IV           -0.2            1.4 r          1.5            3.7            1.8            3.9  
     III          -0.4            1.2 r          1.5            2.2            0.5            2.6  
     II            0.2            1.3            1.1            2.0            0.1            1.9  
     I             0.4 r          1.2 r          0.8            1.5           -1.3            1.1 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2014 II          107.4 r        108.0 r        100.6 r        110.2 r         99.7 r        102.6 r
     I           106.1 r        107.0 r        100.8          109.5 r         99.9 r        103.2 r

2013 ANNUAL      105.3 r        106.2 r        100.9          106.5           98.0          101.1 r

2013 IV          105.4 r        106.6 r        101.2          107.7           98.7          102.2 r
     III         105.3 r        106.0 r        100.7          106.3           97.7          100.9 r
     II          105.5 r        106.1 r        100.6          106.4           98.3          100.8 r
     I           105.0 r        106.2 r        101.1          105.5           97.5          100.5 r

2012 ANNUAL      104.0 r        104.9 r        100.8          104.8           97.9          100.7 r

2012 IV          104.1 r        105.4 r        101.2          105.6           98.0          101.5 r
     III         103.9 r        105.0 r        101.1          104.9           97.9          100.9 r
     II          104.0 r        104.6 r        100.6          104.7           98.1          100.7 r
     I           104.1 r        104.6 r        100.5          103.9           97.7           99.8 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                  September 4, 2014
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)

2014 II        3.1       7.8      4.5       1.8      -1.2      -1.2     -7.4     -3.3     38.8      1.7  
     I        -1.1 r     0.7 r    1.8       6.5 r     4.5 r     7.6 r    2.3 r    5.9    -26.9 r    0.5  

2013 ANNUAL    0.3       2.3      2.0       1.4      -0.1       1.1      0.1      0.8      1.4      0.9  

2013 IV        0.1       2.2      2.1       0.8      -0.4       0.8      0.7      0.7     -3.9      0.0  
     III      -2.0       0.4      2.4      -0.5      -2.5       1.6      2.3      1.8     -2.7      1.1  
     II        2.9       4.5      1.6       2.2       1.7      -0.6     -2.6     -1.3      8.5      0.1  
     I        -1.4       1.6      3.1      -1.8      -2.9      -0.4      2.7      0.6     -1.9      0.2  

2012 ANNUAL    1.9       4.3      2.3       2.9       0.8       0.9     -0.7      0.4      7.9      1.4  

2012 IV        4.0       5.6      1.5       7.9       5.3       3.7     -3.3      1.4      4.5      1.8  
     III      -3.6      -2.2      1.5      -0.2      -1.9       3.6      2.3      3.1     -5.7      1.8  
     II        1.6       2.4      0.8       0.3      -1.1      -1.3     -0.2     -0.9     15.5      1.3  
     I         6.1       9.6      3.3      13.5      11.1       6.9     -2.6      3.6     -1.4      2.9  
---------------------------------------------------------------------------------------------------------
                       Percent change from corresponding quarter of previous year

2014 II        0.0       2.7      2.7       2.1       0.1       2.1     -0.6      1.2     -1.3      0.9  
     I        -0.1 r     1.9 r    2.0       2.2 r     0.8 r     2.3      0.7 r    1.7 r   -7.2      0.4  

2013 ANNUAL    0.3       2.3      2.0       1.4      -0.1       1.1      0.1      0.8      1.4      0.9  

2013 IV       -0.1       2.2      2.3       0.2      -1.0       0.3      0.7      0.5     -0.1      0.4  
     III       0.8       3.0      2.1       1.9       0.4       1.0     -0.3      0.6      2.0      0.8  
     II        0.4       2.3      1.9       2.0       0.5       1.5     -0.3      0.9      1.2      1.0  
     I         0.1       1.8      1.7       1.5      -0.2       1.4      0.4      1.0      2.8      1.3  

2012 ANNUAL    1.9       4.3      2.3       2.9       0.8       0.9     -0.7      0.4      7.9      1.4  

2012 IV        2.0       3.8      1.8       5.2       3.2       3.2     -1.0      1.8      2.9      2.0  
     III       1.8       3.8      2.0       2.1       0.5       0.3     -0.7      0.0      4.1      0.5  
     II        2.0       4.4      2.4       2.4       0.5       0.4     -0.5      0.1      8.8      1.3  
     I         2.0       5.3      3.2       1.7      -1.1      -0.4     -0.7     -0.5     17.3      1.7  
---------------------------------------------------------------------------------------------------------
                                            Indexes 2009=100

2014 II      107.9     118.7    110.0     110.6     100.1     102.4     96.9    100.6    146.1    105.4  
     I       107.1 r   116.5 r  108.8     110.1 r   100.4 r   102.8 r   98.8 r  101.4 r  134.6 r  104.9  

2013 ANNUAL  107.5     115.5    107.5     108.1      99.5     100.6     98.0     99.7    146.4    104.6  

2013 IV      107.4     116.3    108.3     108.3      99.3     100.9     98.2    100.0    145.5    104.8  
     III     107.4     115.7    107.8     108.1      99.3     100.7     98.1     99.8    147.0    104.8  
     II      107.9     115.6    107.1     108.2     100.0     100.3     97.5     99.4    148.0    104.5  
     I       107.2     114.3    106.7     107.7      99.5     100.5     98.2     99.7    145.0    104.4  

2012 ANNUAL  107.1     112.9    105.4     106.6      99.6      99.5     97.9     99.0    144.3    103.7  

2012 IV      107.5     113.9    105.9     108.2     100.3     100.6     97.5     99.6    145.7    104.4  
     III     106.5     112.3    105.5     106.1      99.0      99.7     98.3     99.2    144.1    103.9  
     II      107.5     113.0    105.1     106.2      99.5      98.8     97.8     98.4    146.2    103.4  
     I       107.1     112.3    104.9     106.1      99.7      99.1     97.8     98.7    141.1    103.1  
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                        September 4, 2014
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. 
Hours and compensation 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 2014.

                              Table Footnotes
      
(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 1978-2013 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 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.
 Manufacturing sector: Productivity, hourly compensation, and unit labor costs.

                                                                             Real
                 Output                                       Compen-        compen-
                 per hour                      Hours          sation         sation          Unit
                 of all                        of all         per hour       per hour        labor
   Year          persons        Output         persons          (1)            (2)           costs
 ----------------------------------------------------------------------------------------------------
                                          Indexes 2009=100
   2013           110.3 r        115.9 r        105.1          105.5           97.1           95.6 r
   2012           108.1 r        112.8 r        104.4          104.8           97.9           97.0 r
   2011           107.0 r        109.2 r        102.0          103.0           98.3           96.3 r
   2010           106.2 r        106.2 r        100.0          101.3           99.6           95.3 r

   2009           100.0          100.0          100.0          100.0          100.0          100.0  
   2008           100.3 r        115.2 r        114.9           96.7           96.3           96.4 r
   2007           100.3 r        120.0 r        119.6           94.2           97.4           93.9 r
   2006            97.0 r        118.1 r        121.7           90.6           96.4           93.3 r
   2005            96.6 r        116.7 r        120.8           88.4           97.1           91.5 r

   2004            92.7 r        113.3 r        122.2           85.2           96.8           91.9 r
   2003            90.5 r        111.2 r        122.8           82.2           95.8           90.8 r
   2002            85.7 r        110.7 r        129.2           78.0           93.0           91.0 r
   2001            79.6 r        110.6 r        138.9           75.5           91.5           94.9 r
   2000            77.7 r        115.5 r        148.7           73.3           91.3           94.4 r

   1999            73.7 r        111.0 r        150.6           68.2           87.8           92.5 r
   1998            70.1 r        106.2 r        151.6           65.2           85.7           93.0 r
   1997            66.1 r        100.5 r        152.0           62.1           82.8           94.0 r
   1996            62.5 r         93.4 r        149.4           60.1           81.8           96.0 r
   1995            60.3 r         90.3 r        149.6           58.3           81.5           96.6 r

   1994            57.6 r         85.6 r        148.7           57.2           81.9           99.4 r
   1993            55.7 r         80.8 r        145.2           56.3           82.4          101.2 r
   1992            54.4 r         78.0 r        143.3           55.6           83.3          102.2 r
   1991            52.6 r         75.8 r        144.1           52.8           81.2          100.5 r
   1990            51.2 r         77.0 r        150.4           50.1           79.7           97.8 r

   1989            50.0 r         77.1 r        154.2           47.7           79.7           95.4 r
   1988            49.3 r         75.6 r        153.3           46.2           80.4           93.6 r
   1987            48.2 r         71.7 r        148.8           44.4           80.3           92.1 r
 ----------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                                   September 4, 2014
 r=revised                                                         Source: Bureau of Labor Statistics



Appendix table 2.
 Durable manufacturing sector: Productivity, hourly compensation, and unit labor costs.

                                                                             Real
                 Output                                       Compen-        compen-
                 per hour                      Hours          sation         sation          Unit
                 of all                        of all         per hour       per hour        labor
   Year          persons        Output         persons          (1)            (2)           costs
 ----------------------------------------------------------------------------------------------------
                                          Indexes 2009=100
   2013           119.6 r        128.8 r        107.7          104.7           96.4           87.5 r
   2012           116.0 r        123.7 r        106.6          104.6           97.7           90.2 r
   2011           112.6 r        116.7 r        103.6          103.2           98.4           91.6 r
   2010           110.1 r        109.9 r         99.8          101.3           99.7           92.1 r

   2009           100.0          100.0          100.0          100.0          100.0          100.0  
   2008           106.4 r        125.7 r        118.2           96.2           95.8           90.4 r
   2007           107.3 r        132.4 r        123.4           94.0           97.3           87.6 r
   2006           103.9 r        130.8 r        125.9           90.3           96.1           86.9 r
   2005           103.4 r        128.7 r        124.5           87.6           96.2           84.7 r

   2004            99.9 r        124.7 r        124.8           84.8           96.3           84.9 r
   2003            99.2 r        123.1 r        124.1           81.7           95.3           82.4 r
   2002            94.5 r        123.8 r        131.0           77.8           92.7           82.3 r
   2001            87.7 r        125.2 r        142.7           75.3           91.2           85.8 r
   2000            86.3 r        132.7 r        153.8           73.6           91.7           85.4 r

   1999            80.9 r        125.2 r        154.7           68.3           88.0           84.4 r
   1998            75.2 r        116.8 r        155.4           65.1           85.6           86.6 r
   1997            69.4 r        107.3 r        154.6           62.2           82.9           89.6 r
   1996            65.1 r         97.8 r        150.3           60.4           82.3           92.9 r
   1995            61.6 r         91.6 r        148.9           59.0           82.4           95.8 r

   1994            57.7 r         84.7 r        146.6           58.1           83.1          100.6 r
   1993            55.1 r         78.2 r        142.0           57.4           83.9          104.2 r
   1992            52.9 r         74.1 r        140.0           56.8           85.0          107.2 r
   1991            50.2 r         71.3 r        142.1           53.7           82.5          107.0 r
   1990            49.1 r         73.9 r        150.4           50.8           80.8          103.4 r

   1989            48.0 r         74.6 r        155.3           48.6           81.1          101.1 r
   1988            47.6 r         73.8 r        154.9           47.0           82.0           98.7 r
   1987            46.6 r         69.5 r        149.1           45.6           82.3           97.8 r
 ----------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                                   September 4, 2014
 r=revised                                                         Source: Bureau of Labor Statistics



Appendix table 3.
 Nondurable manufacturing sector: Productivity, hourly compensation, and unit labor costs.

                                                                             Real
                 Output                                       Compen-        compen-
                 per hour                      Hours          sation         sation          Unit
                 of all                        of all         per hour       per hour        labor
   Year          persons        Output         persons          (1)            (2)           costs
 ----------------------------------------------------------------------------------------------------
                                          Indexes 2009=100
   2013           105.3 r        106.2 r        100.9          106.5           98.0          101.1 r
   2012           104.0 r        104.9 r        100.8          104.8           97.9          100.7 r
   2011           104.0 r        103.6 r         99.6          102.4           97.6           98.4 r
   2010           103.0 r        103.3 r        100.2          101.2           99.5           98.2 r

   2009           100.0          100.0          100.0          100.0          100.0          100.0  
   2008            97.8 r        107.2 r        109.6           97.1           96.7           99.2 r
   2007            97.3 r        110.5 r        113.6           93.8           97.0           96.4 r
   2006            95.9 r        110.1 r        114.9           90.4           96.2           94.3 r
   2005            96.9 r        111.1 r        114.8           89.4           98.2           92.3 r

   2004            93.1 r        109.8 r        118.0           85.6           97.2           91.9 r
   2003            90.2 r        109.1 r        120.9           82.8           96.6           91.8 r
   2002            86.7 r        109.3 r        126.2           78.2           93.2           90.2 r
   2001            81.2 r        108.0 r        132.9           75.6           91.5           93.0 r
   2000            79.2 r        111.2 r        140.5           72.1           89.8           91.1 r

   1999            76.4 r        110.0 r        144.1           67.4           86.8           88.3 r
   1998            75.1 r        109.4 r        145.6           65.0           85.4           86.5 r
   1997            72.1 r        106.7 r        147.9           61.8           82.3           85.7 r
   1996            69.7 r        103.0 r        147.9           59.3           80.7           85.1 r
   1995            68.5 r        103.3 r        150.8           57.2           80.0           83.6 r

   1994            66.6 r        101.1 r        151.9           55.9           80.0           84.0 r
   1993            65.1 r         98.0 r        150.5           54.8           80.1           84.2 r
   1992            64.7 r         96.2 r        148.7           53.9           80.7           83.3 r
   1991            63.9 r         94.1 r        147.4           51.5           79.1           80.6 r
   1990            62.5 r         94.1 r        150.4           48.8           77.7           78.1 r

   1989            61.3 r         93.5 r        152.5           46.1           77.0           75.2 r
   1988            60.4 r         91.1 r        150.7           44.4           77.4           73.5 r
   1987            59.0 r         87.4 r        148.3           42.3           76.5           71.8 r
 ----------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                                   September 4, 2014
 r=revised                                                         Source: Bureau of Labor Statistics

Last Modified Date: September 04, 2014