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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, 4th quarter 2023
Sector Business Nonfarm business Manufacturing Durable goods Nondurable goods

Labor productivity (output per hour)

2.6 2.6 0.5 -0.4 2.2

Output

3.3 3.2 -0.5 -0.3 -0.7

Hours worked

0.7 0.6 -1.0 0.1 -2.8

Unit labor costs

2.4 2.5 6.1 8.1 2.1

Hourly compensation

5.1 5.1 6.6 7.7 4.3

Real hourly compensation

1.7 1.8 3.3 4.3 1.0