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Table 5. Nondurable 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) 2024 II 2.3 r 3.2 r 0.9 r 5.9 r 2.9 r 3.5 r I -2.7 r -1.8 r 1.0 -0.3 -4.0 2.5 r 2023 ANNUAL 0.8 -0.9 -1.7 4.9 0.8 4.1 2023 IV 4.5 0.3 -4.0 4.5 1.8 0.0 III 3.6 -0.7 -4.1 6.0 2.5 2.4 II 1.0 -1.2 -2.3 7.3 4.1 6.2 I 2.9 1.3 -1.5 3.0 -0.8 0.1 2022 ANNUAL -1.3 1.6 3.0 5.4 -2.4 6.9 2022 IV -1.7 -4.0 -2.3 4.5 0.5 6.4 III -2.7 -1.4 1.3 7.8 2.4 10.8 II -0.3 0.0 0.3 1.4 -8.0 1.7 I -1.5 0.8 2.4 6.2 -2.8 7.8 --------------------------------------------------------------------------------------------------- Percent change from corresponding quarter of previous year 2024 II 1.9 r 0.2 r -1.6 r 4.0 r 0.8 r 2.1 I 1.6 r -0.8 r -2.4 4.3 1.1 2.7 r 2023 ANNUAL 0.8 -0.9 -1.7 4.9 0.8 4.1 2023 IV 3.0 -0.1 -3.0 5.2 1.9 2.2 III 1.4 -1.2 -2.5 5.2 1.6 3.7 II -0.2 -1.3 -1.2 5.6 1.5 5.8 I -0.5 -1.0 -0.5 4.1 -1.6 4.7 2022 ANNUAL -1.3 1.6 3.0 5.4 -2.4 6.9 2022 IV -1.6 -1.1 0.4 4.9 -2.1 6.6 III -2.3 0.9 3.3 5.2 -2.9 7.7 II -2.2 1.7 4.0 5.9 -2.5 8.3 I 0.6 5.2 4.5 5.5 -2.4 4.9 --------------------------------------------------------------------------------------------------- Indexes 2017=100 2024 II 101.0 r 100.8 r 99.8 r 129.4 r 101.0 r 128.1 r I 100.5 r 100.0 r 99.6 127.6 100.3 127.0 r 2023 ANNUAL 99.9 100.6 100.7 125.2 100.4 125.4 2023 IV 101.2 100.5 99.3 127.7 101.3 126.3 III 100.0 100.4 100.3 126.3 100.8 126.2 II 99.2 100.6 101.4 124.5 100.2 125.5 I 98.9 100.9 102.0 122.3 99.2 123.6 2022 ANNUAL 99.1 101.5 102.5 119.4 99.7 120.5 2022 IV 98.2 100.5 102.4 121.4 99.4 123.6 III 98.7 101.6 103.0 120.1 99.3 121.7 II 99.3 101.9 102.6 117.8 98.7 118.6 I 99.4 101.9 102.5 117.4 100.8 118.1 --------------------------------------------------------------------------------------------------- See footnotes following Table 6. September 5, 2024 r=revised Source: Bureau of Labor Statistics