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)
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Indexes 1992=100
2006 I r136.3 163.2 r119.7 r168.3 r120.8 r123.4 r133.0 127.0
II r136.7 164.2 r120.1 r168.1 r119.6 r123.0 r136.6 128.0
III r136.1 164.4 r120.8 r168.7 r118.9 r123.9 r136.7 128.7
IV r136.5 165.5 r121.2 r173.5 r122.7 r127.1 r132.0 128.9
ANNUAL r136.4 164.3 r120.5 r169.6 r120.5 r124.4 r134.6 128.2
2007 I r136.8 165.6 r121.0 r176.1 r123.5 r128.7 r132.8 130.2
II r138.1 167.3 r121.2 r177.1 r122.8 r128.3 r135.4 130.9
III r140.3 169.7 r120.9 r178.7 r123.1 r127.4 r137.1 131.0
IV r140.6 r169.7 r120.7 r180.4 r122.7 r128.3 r137.3 r131.7
ANNUAL r139.0 r168.1 r121.0 r178.1 r123.0 r128.2 r135.7 r131.0
2008 I 141.3 169.8 120.2 182.2 122.6 129.0 137.9 132.3
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Percent change from previous quarter at annual rate(5)
2006 I r2.4 5.5 r3.0 7.1 r5.2 r4.6 r0.0 2.8
II r1.0 2.5 1.5 -0.5 r-3.9 -1.5 11.3 3.3
III r-1.7 0.6 2.3 1.5 r-2.4 r3.2 r0.4 2.1
IV r1.2 2.6 r1.4 r11.9 r13.6 r10.6 r-12.9 0.8
ANNUAL 1.0 3.1 2.1 4.0 0.7 2.9 2.9 2.9
2007 I r0.9 0.2 r-0.8 r6.2 r2.5 r5.2 r2.3 4.1
II 3.8 4.4 0.5 r2.4 r-2.1 r-1.4 r8.2 2.2
III r6.4 5.7 r-0.7 3.7 r0.9 r-2.6 r5.2 0.3
IV r0.9 r0.1 -0.7 r3.7 -1.3 r2.8 r0.6 r1.9
ANNUAL 1.9 2.3 0.4 5.0 r2.1 3.1 r0.8 2.2
2008 I 1.9 0.2 -1.6 4.2 -0.1 2.2 1.7 2.0
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Percent change from corresponding quarter of previous year
2006 I 1.5 3.8 2.3 4.2 0.5 2.7 3.8 3.1
II 1.8 3.6 1.8 4.0 0.0 r2.1 r5.2 3.3
III 0.2 2.4 2.2 2.8 r-0.5 2.6 3.5 3.0
IV r0.7 2.8 r2.1 4.9 2.9 4.1 r-0.7 2.2
ANNUAL 1.0 3.1 2.1 4.0 0.7 2.9 2.9 2.9
2007 I r0.4 1.5 1.1 r4.7 r2.2 4.3 -0.1 2.6
II 1.0 1.9 0.9 5.4 r2.7 4.3 r-0.8 2.3
III 3.1 3.2 0.1 6.0 r3.5 2.8 r0.3 1.8
IV 3.0 2.6 -0.4 4.0 r0.0 r0.9 r4.0 r2.1
ANNUAL 1.9 2.3 0.4 5.0 r2.1 3.1 r0.8 2.2
2008 I 3.2 2.6 -0.6 3.5 -0.7 0.2 3.9 1.6
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See footnotes following Table 6. May 7, 2008
r=revised Source: Bureau of Labor Statistics
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