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

2006       I    r135.2      163.4    r120.8    r167.0      r119.9     r123.5      r134.9      127.7
          II    r135.7      164.4    r121.2    r167.0      r118.8     r123.1      r138.8      128.9
         III    r135.1      164.7    r121.9    r167.6      r118.1     r124.0      r138.6      129.4
          IV    r135.6      165.7    r122.2    r172.5      r122.0     r127.2      r133.4      129.5

      ANNUAL    r135.4      164.5    r121.5    r168.5      r119.7     r124.5      r136.4      128.9

2007       I    r136.1      165.9    r121.9    r175.2      r122.8     r128.8      r133.8      130.6
          II    r137.0      167.6    r122.4    r175.8      r121.9     r128.4      r136.4      131.3
         III    r139.0      169.9    r122.3    r177.2      r122.0     r127.5      r137.9      131.3
          IV    r139.6     r170.0    r121.8     179.2      r121.9     r128.4      r137.8     r131.9

      ANNUAL    r137.9     r168.4    r122.1    r176.9      r122.2     r128.3      r136.5     r131.3

2008       I     140.4      170.2     121.2     181.2       121.9      129.1       138.5      132.6
---------------------------------------------------------------------------------------------------------
                       Percent change from previous quarter at annual rate(5)

2006       I      r2.2        5.7      r3.4       6.9        r4.9       r4.5        r0.6        3.0
          II       1.3        2.4       1.1       0.0       r-3.5       -1.3        12.1        3.7
         III     r-1.6        0.8      r2.4       1.5       r-2.5       r3.1       r-0.5        1.6
          IV      r1.4        2.6      r1.1      12.3       r14.0      r10.7      r-14.2        0.3

      ANNUAL       1.0        3.2       2.2       3.9         0.6        2.9         3.1        3.0

2007       I      r1.3        0.3     r-0.9       6.4        r2.7       r5.0        r1.3        3.6
          II      r2.7        4.2      r1.5       1.3       r-3.2       -1.3        r7.9        2.1
         III      r6.0        5.6     r-0.4      r3.3         0.6      r-2.5        r4.5        0.1
          IV      r1.8       r0.2      -1.6       4.6       r-0.4       r2.8       r-0.3       r1.6

      ANNUAL       1.8        2.3       0.5       4.9        r2.1        3.1        r0.0        1.9

2008       I       2.2        0.4      -1.8       4.4         0.1        2.2         2.2        2.2
---------------------------------------------------------------------------------------------------------
                      Percent change from corresponding quarter of previous year

2006       I       1.4        3.8       2.4       4.2        r0.4        2.8         4.1        3.3
          II       1.6        3.6       2.0       3.8       r-0.1        2.2         5.7        3.5
         III       0.1        2.4       2.3       2.7        -0.6        2.6         3.6        3.0
          IV      r0.8        2.8      r2.0       5.0         3.0       r4.2       r-1.0        2.2

      ANNUAL       1.0        3.2       2.2       3.9         0.6        2.9         3.1        3.0

2007       I       0.6        1.5       0.9       4.9        r2.4        4.3        -0.8        2.3
          II      r1.0        2.0       1.0       5.3        r2.5        4.3       r-1.7        1.9
         III      r2.8        3.2       0.3       5.8        r3.3        2.8        -0.5        1.5
          IV       2.9        2.6     r-0.4       3.9       r-0.1        0.9        r3.3       r1.8

      ANNUAL       1.8        2.3       0.5       4.9        r2.1        3.1        r0.0        1.9

2008       I       3.2        2.6      -0.6       3.4        -0.7        0.2         3.5        1.5
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                       May 7 2008
r=revised                                                              Source: Bureau of Labor Statistics