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Productivity and costs by sector, percent change from same quarter a year ago

Charts related to the latest "Productivity and Costs" news release   |   More chart packages

Productivity and costs by sector, percent change from same quarter a year ago, 3rd quarter 2024
Sector Business Nonfarm business Manufacturing Durable goods Nondurable goods

Labor productivity (output per hour)

2.0 2.0 0.7 0.2 0.8

Output

2.8 2.8 -0.2 -1.3 0.8

Hours worked

0.8 0.7 -0.9 -1.5 0.1

Unit labor costs

3.4 3.4 5.7 7.1 3.9

Hourly compensation

5.4 5.5 6.4 7.3 4.7

Real hourly compensation

2.7 2.8 3.6 4.6 2.0