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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

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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 0.6 0.1 0.7

Output

 2.8 2.8 -0.3 -1.4 0.8

Hours worked

 0.8 0.7 -0.9 -1.5 0.1

Unit labor costs

 2.2 2.2 1.8 2.2 1.9

Hourly compensation

 4.3 4.3 2.4 2.4 2.6

Real hourly compensation

 1.6 1.6 -0.2 -0.3 -0.1