An official website of the United States government
Table 4. Durable manufacturing sector: Labor productivity, hourly compensation, and unit labor costs, seasonally adjusted. Real Year Labor Hourly hourly Unit and produc- Hours compensa- compensa- labor quarter tivity Output worked tion (1) tion (2) costs --------------------------------------------------------------------------------------------------- Percent change from previous quarter at annual rate (5) 2023 ANNUAL -1.1 r 0.2 1.3 r 5.2 r 1.0 r 6.4 r 2023 IV -1.0 r -4.0 r -3.0 r 9.5 r 6.6 r 10.6 r III -2.9 r 0.8 r 3.8 r 7.7 r 4.1 r 10.9 r II 6.6 r 3.9 -2.5 r 7.8 4.6 r 1.1 r I -3.8 r -1.8 2.2 r 5.9 r 2.0 r 10.1 r 2022 ANNUAL -1.1 r 3.6 4.7 2.5 r -5.2 3.6 r 2022 IV -2.7 r -2.7 0.0 r -0.8 r -4.8 r 1.9 r III -3.0 r 2.0 5.1 r 7.4 r 1.7 r 10.6 r II 2.1 r 5.4 3.2 r 2.7 r -6.5 r 0.6 r I -2.1 r 5.6 7.9 r -0.8 r -9.3 r 1.3 r 2021 ANNUAL 0.7 3.8 3.1 3.0 r -1.7 r 2.3 r 2021 IV 0.3 r 5.3 5.0 r 9.4 r 0.6 r 9.1 r III -2.1 r 2.7 4.9 r -7.0 r -12.8 r -5.0 r II -3.5 r -2.9 0.5 r 8.3 r 0.3 r 12.1 r I -3.6 r -0.6 3.0 r 1.1 r -3.1 r 4.8 r --------------------------------------------------------------------------------------------------- Percent change from corresponding quarter of previous year 2023 ANNUAL -1.1 r 0.2 1.3 r 5.2 r 1.0 r 6.4 r 2023 IV -0.4 r -0.3 0.1 r 7.7 r 4.3 r 8.1 r III -0.8 r 0.0 r 0.8 r 5.1 r 1.4 r 5.9 r II -0.8 r 0.3 1.2 r 5.0 r 0.8 r 5.9 r I -1.9 r 0.7 2.6 r 3.7 -2.0 5.7 r 2022 ANNUAL -1.1 r 3.6 4.7 2.5 r -5.2 3.6 r 2022 IV -1.4 r 2.5 4.0 r 2.1 r -4.8 r 3.5 r III -0.7 r 4.5 5.3 4.6 -3.5 5.3 II -0.5 r 4.7 5.2 r 0.9 r -7.1 r 1.4 r I -1.8 r 2.6 4.5 r 2.2 r -5.5 r 4.2 2021 ANNUAL 0.7 3.8 3.1 3.0 r -1.7 r 2.3 r 2021 IV -2.2 r 1.1 3.3 r 2.7 -3.9 5.1 r III -2.8 r 0.9 3.8 3.1 r -2.2 r 6.1 r II 6.1 r 18.0 11.3 r 0.1 r -4.6 r -5.7 r I 2.5 r -2.3 -4.7 r 5.8 r 3.7 r 3.2 r --------------------------------------------------------------------------------------------------- Indexes 2017=100 2023 ANNUAL 96.3 r 98.1 r 101.8 r 124.7 r 100.0 r 129.5 r 2023 IV 96.2 r 97.7 r 101.5 r 128.7 r 102.0 r 133.7 r III 96.5 r 98.7 r 102.3 r 125.8 r 100.4 r 130.4 r II 97.2 r 98.5 101.4 r 123.5 r 99.4 r 127.1 r I 95.6 r 97.6 102.0 r 121.2 r 98.3 r 126.7 r 2022 ANNUAL 97.4 r 97.9 100.5 r 118.6 r 99.0 r 121.7 r 2022 IV 96.6 r 98.0 101.5 r 119.5 r 97.8 r 123.7 r III 97.2 r 98.7 101.5 r 119.7 r 99.0 r 123.1 r II 98.0 r 98.2 100.2 r 117.6 r 98.6 r 120.0 r I 97.5 r 96.9 99.4 r 116.8 r 100.2 r 119.9 r 2021 ANNUAL 98.5 r 94.5 96.0 r 115.7 r 104.4 r 117.5 r 2021 IV 98.0 r 95.6 97.6 r 117.1 r 102.7 r 119.5 r III 97.9 r 94.4 96.4 r 114.4 r 102.5 r 116.9 r II 98.4 r 93.7 95.3 r 116.5 r 106.1 r 118.4 r I 99.3 r 94.4 95.1 r 114.2 r 106.0 r 115.1 r --------------------------------------------------------------------------------------------------- See footnotes following Table 6. March 7, 2024 r=revised Source: Bureau of Labor Statistics