Table 1. Business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted



Table 1. Business sector: Labor productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted.
                                                          Real
                                               Hourly     hourly                Unit       Implicit
Year          Labor                            compen-    compen-     Unit      nonlabor   price
and           produc-               Hours      sation     sation      labor     payments   deflator
quarter       tivity     Output     worked     (1)        (2)         costs     (3)        (4)
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate (5)

2016 II       -0.7         1.4        2.1        1.1       -1.4        1.7        3.0        2.3  
     I        -0.7         0.8        1.5 r     -0.9 r     -0.5 r     -0.2 r      1.1 r      0.4 r

2015 ANNUAL    0.8 r       3.1 r      2.3        2.8        2.7        2.0 r     -1.0 r      0.7  

2015 IV       -2.5 r       0.8 r      3.4        2.9 r      2.1 r      5.5 r     -6.7 r      0.1 r
     III       2.3 r       2.1 r     -0.2        2.9 r      1.6 r      0.6 r      1.3 r      0.9  
     II        1.5 r       3.0 r      1.6        5.1 r      2.6 r      3.6 r      0.0 r      2.1 r
     I         0.7 r       2.3 r      1.6        1.6        4.6        0.9 r     -2.1 r     -0.4 r

2014 ANNUAL    0.6 r       3.0        2.3        2.6 r      1.0        2.0        1.0 r      1.6 r

2014 IV       -1.8 r       2.8 r      4.7        3.3 r      3.6 r      5.1 r     -6.5 r     -0.1 r
     III       3.4 r       6.4 r      2.9        3.2 r      2.3 r     -0.2 r      3.3 r      1.3 r
     II        1.8 r       5.0 r      3.1       -1.8 r     -3.8 r     -3.6 r     10.4 r      2.3  
     I        -3.6 r      -2.0 r      1.6        6.5 r      4.1 r     10.4 r     -8.9 r      1.5  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2016 II       -0.4         1.3        1.7        1.5        0.4        1.9       -0.4        0.9  
     I         0.1 r       1.7 r      1.6        2.5 r      1.4 r      2.4 r     -1.1 r      0.9  

2015 ANNUAL    0.8 r       3.1 r      2.3        2.8        2.7        2.0 r     -1.0 r      0.7  

2015 IV        0.5 r       2.1 r      1.6        3.1 r      2.7 r      2.6 r     -1.9 r      0.7 r
     III       0.7         2.6        1.9        3.2        3.1        2.5 r     -1.8 r      0.6  
     II        0.9 r       3.6 r      2.7        3.3        3.3        2.3 r     -1.4 r      0.7  
     I         1.0 r       4.1 r      3.1        1.5 r      1.6 r      0.5 r      1.1 r      0.8 r

2014 ANNUAL    0.6 r       3.0        2.3        2.6 r      1.0        2.0        1.0 r      1.6 r

2014 IV       -0.1         3.0        3.1        2.7        1.5        2.8       -0.7 r      1.3 r
     III       1.3         3.6        2.3        2.4        0.6 r      1.0 r      2.6 r      1.7 r
     II        0.9 r       3.1 r      2.2        1.8 r     -0.3 r      0.9        3.1 r      1.8 r
     I         0.4 r       2.1 r      1.7        3.7        2.2 r      3.3       -1.0 r      1.4 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2016 II      105.8       119.0      112.5      115.7      103.7      109.4      111.6      110.3  
     I       106.0 r     118.6 r    111.9 r    115.4 r    104.1 r    108.9 r    110.8 r    109.7 r

2015 ANNUAL  106.2 r     117.6 r    110.7 r    114.3 r    103.4 r    107.5 r    111.7 r    109.3 r

2015 IV      106.1 r     118.3 r    111.5 r    115.6 r    104.2 r    108.9 r    110.5 r    109.6 r
     III     106.8 r     118.1 r    110.6 r    114.8 r    103.7 r    107.5 r    112.4 r    109.5 r
     II      106.2 r     117.5 r    110.6 r    114.0 r    103.3 r    107.3 r    112.0 r    109.3 r
     I       105.8 r     116.6 r    110.2 r    112.6 r    102.6 r    106.4 r    112.0 r    108.7 r

2014 ANNUAL  105.4 r     114.1 r    108.2 r    111.1 r    100.7 r    105.4 r    112.9 r    108.5 r

2014 IV      105.6 r     115.9 r    109.7 r    112.1 r    101.5 r    106.1 r    112.6 r    108.9 r
     III     106.1 r     115.1 r    108.5 r    111.2      100.6 r    104.8 r    114.5 r    108.9 r
     II      105.2 r     113.4 r    107.7 r    110.4 r    100.0 r    104.9 r    113.6 r    108.5 r
     I       104.8 r     112.0 r    106.9 r    110.9 r    101.0 r    105.8 r    110.8 r    107.9 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                     August 9, 2016
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: August 09, 2016