Transmission of material in this release is embargoed until USDL-10-0255
8:30 a.m. (EST) Thursday, March 4, 2010
Technical information: (202) 691-5606 • dprweb@bls.gov • www.bls.gov/lpc
Media contact: (202) 691-5902 • PressOffice@bls.gov
PRODUCTIVITY AND COSTS
Fourth Quarter and Annual Averages 2009, Revised
Nonfarm business sector labor productivity increased at a 6.9 percent
annual rate during the fourth quarter of 2009, the U.S. Bureau of Labor
Statistics reported today. The gain in productivity reflects a 7.6 percent
increase in output partially offset by a 0.6 percent increase in hours
worked. (All quarterly percent changes in this release are seasonally
adjusted annual rates.) From the fourth quarter of 2008 to the fourth
quarter of 2009, productivity increased 5.8 percent as output declined 0.2
percent and hours fell 5.7 percent (table A). The annual measure of
productivity increased 3.8 percent from 2008 to 2009 (table D).
Labor productivity, or output per hour, is calculated by dividing an index
of real output by an index of hours of all persons, including employees,
proprietors, and unpaid family workers.
Unit labor costs in nonfarm businesses fell 5.9 percent in the fourth
quarter of 2009, the result of productivity increasing faster than hourly
compensation. Unit labor costs decreased 4.7 percent from the same quarter
a year ago, the largest four-quarter decline since the series began in
1948 (table A). The annual average index of unit labor costs declined 1.7
percent from 2008 to 2009, the largest decline in that series (table D).
BLS defines unit labor costs as the ratio of hourly compensation to labor
productivity; increases in hourly compensation tend to increase unit labor
costs and increases in output per hour tend to reduce them.
==============================================================================
Data in this release reflect annual benchmark revision of BLS Current
Employment Statistics program data on nonfarm employee hours, and revised
seasonal adjustment of those data. Also, hours of other nonfarm and farm
workers based on the BLS Current Population Survey incorporate new
seasonal adjustment factors. More detail can be found in tables 1 through
6 and appendix tables 1 through 6. See Revised measures.
==============================================================================
Manufacturing sector productivity rose 6.6 percent in the fourth quarter
of 2009, as output increased 5.5 percent and hours decreased 1.0 percent.
Productivity grew 6.8 percent in the durable goods industries and 6.4
percent in the nondurable goods industries (table A). Over the last four
quarters, manufacturing productivity increased 6.1 percent as output
declined 4.6 percent and hours worked fell 10.1 percent. Unit labor costs
in manufacturing declined 6.3 percent in the fourth quarter of 2009 and
decreased 4.7 percent over the last four quarters.
The data sources and methods used in the preparation of the manufacturing
output series differ from those used in preparing the business and nonfarm
business output series, and these measures are not directly comparable.
See Technical Notes for further information on data sources.
Revised measures
Quarterly and annual measures for all sectors were revised back to 2005 to
incorporate the annual benchmark adjustment and updated information on
seasonal trends from the BLS nonfarm payroll series. Hours and related
measures for the business and nonfarm business sectors were revised to
incorporate updated information on seasonal trends in Current Population
Survey data on hours worked. Revised and previous measures for the third
and fourth quarters of 2009 are shown in table B for the business, nonfarm
business and manufacturing sectors and table C for the third quarter
measures for the nonfinancial corporate sector. Quarterly and annual data
for all sectors appear in tables 1-6 for 2007 through 2009, and in
appendix tables 1-6 for 2005 and 2006. Full historical annual and
quarterly measures can be found on the labor productivity and costs home
page http://www.bls.gov/lpc/#data.
In the fourth quarter of 2009, nonfarm business productivity growth was
revised up to 6.9 percent from the estimate of 6.2 percent published on
February 4, 2010. The larger productivity gain reflects a 0.4 percentage
point upward revision to output and a similar downward revision to hours.
Unit labor costs for nonfarm business fell 5.9 percent--more than
previously reported. In manufacturing, productivity was revised down from
7.8 percent to 6.6 percent due to a downward revision to output and a
smaller decline in hours than in the preliminary estimate.
In the third quarter of 2009, nonfarm business productivity was revised up
to 7.8 percent from 7.2 percent when hours were revised downward and
output was not revised. A large downward revision to unit labor costs was
due more to the large downward revision in hourly compensation than the
small upward revision in output per hour. In manufacturing, productivity
was revised up slightly. As in the nonfarm business sector, there were
large downward revisions to hourly compensation and unit labor costs.
Productivity in nonfinancial corporations was revised down for the third
quarter, as output was revised down much more than hours (table C).
Table D presents Annual Averages for the most recent five years. In the
nonfarm business sector, productivity increased 3.8 percent in 2009, and
reflected the largest annual declines in output and hours (-3.6 percent
and -7.1 percent, respectively) for these measures, which begin in 1948.
Unit labor costs fell over the year, by 1.7 percent, as hourly
compensation grew less than productivity. Over the long run, from 2000 to
2009, nonfarm business productivity increased at an average annual rate of
2.7 percent.
Manufacturing sector productivity grew 1.8 percent in 2009, due to a
slightly larger decline in hours (-12.6 percent) than in output (-11.1
percent). These were the largest annual declines in the output and hours
series, which begin in 1988. Unit labor costs in manufacturing increased
2.6 percent in 2009, in contrast to the decline in the nonfarm business
sector. Manufacturing productivity increased at an average annual rate of
3.2 percent from 2000 to 2009.
___________
The preliminary Productivity and Costs press release for first-quarter
2010 is scheduled to be released on Thursday, May 6, 2010 at 8:30 a.m. (EDT).
======================================================================================================
Table A. Revised fourth-quarter 2009 measures: percent change from previous quarter at annual rate
(Q to Q) and from same quarter a year ago (Y to Y)
Sector Nonfarm Durable Nondurable
Business Business Manufacturing Manufacturing Manufacturing
Q to Q Y to Y Q to Q Y to Y Q to Q Y to Y Q to Q Y to Y Q to Q Y to Y
------------------------------------------------------------------------------------------------------
Productivity 6.9 5.8 7.2 5.9 6.6 6.1 6.8 4.8 6.4 5.1
Output 7.6 -0.2 7.5 -0.2 5.5 -4.6 5.7 -8.7 5.4 -0.7
Hours 0.6 -5.7 0.3 -5.7 -1.0 -10.1 -1.0 -12.8 -0.9 -5.5
Hourly
compensation 0.6 0.8 0.6 0.9 -0.1 1.1 0.6 2.1 -1.4 -0.1
Real hourly
compensation -2.8 -0.6 -2.7 -0.6 -3.5 -0.4 -2.8 0.6 -4.7 -1.5
Unit labor costs -5.9 -4.7 -6.2 -4.7 -6.3 -4.7 -5.8 -2.6 -7.3 -4.9
======================================================================================================
======================================================================================================
Table B. Revised and previous measures for: fourth quarter and third quarter 2009
Sector Nonfarm Durable Nondurable
Business Business Manufacturing Manufacturing Manufacturing
Revised Previous Revised Previous Revised Previous Revised Previous Revised Previous
------------------------------------------------------------------------------------------------------
Percent change annual rate, fourth quarter 2009
Productivity 6.9 6.2 7.2 6.5 6.6 7.8 6.8 6.2 6.4 9.8
Output 7.6 7.2 7.5 7.2 5.5 6.1 5.7 5.0 5.4 7.2
Hours 0.6 1.0 0.3 0.6 -1.0 -1.6 -1.0 -1.1 -0.9 -2.4
Hourly
compensation 0.6 1.5 0.6 1.6 -0.1 -0.2 0.6 -0.6 -1.4 0.5
Real hourly
compensation -2.8 -1.9 -2.7 -1.8 -3.5 -3.5 -2.8 -3.9 -4.7 -2.8
Unit labor
costs -5.9 -4.4 -6.2 -4.7 -6.3 -7.4 -5.8 -6.4 -7.3 -8.5
------------------------------------------------------------------------------------------------------
Percent change annual rate, third quarter 2009
Productivity 7.8 7.2 8.0 7.4 14.8 14.4 23.0 21.9 6.2 6.5
Output 2.2 2.2 2.2 2.2 9.0 9.5 14.6 14.9 3.9 4.7
Hours -5.3 -4.7 -5.3 -4.8 -5.1 -4.2 -6.8 -5.8 -2.2 -1.7
Hourly
compensation -0.4 5.5 0.0 5.9 -1.0 6.4 -2.9 7.1 3.2 5.5
Real hourly
compensation -3.8 1.9 -3.5 2.2 -4.4 2.7 -6.3 3.4 -0.4 1.8
Unit labor
costs -7.6 -1.5 -7.4 -1.4 -13.7 -7.0 -21.1 -12.2 -2.9 -1.0
======================================================================================================
Table C. Nonfinancial corporations: revised third-quarter 2009 productivity and cost measures
Real
Hourly hourly Unit Implicit
Produc- compen- compen- labor Unit price
tivity Output Hours sation sation costs profits deflator
------------------------------------------------------------------------------------------------------
Percent change, annual rate
Revised 3.9 -1.7 -5.4 1.0 -2.5 -2.8 19.9 -1.8
Previous 6.3 1.4 -4.6 5.3 1.6 -1.0 16.2 -1.8
======================================================================================================
Table D. Annual average changes in productivity and related measures, 2005-2009
Sector Nonfarm Business Manufacturing
2005 2006 2007 2008 2009 | 2005 2006 2007 2008 2009
--------------------------------------------------------------|----------------------------------------
Productivity 1.7 1.0 1.8 2.0 3.8 | 4.8 1.1 3.1 1.0 1.8
Output 3.4 3.1 2.3 -0.1 -3.6 | 3.7 1.8 1.3 -3.1 -11.1
Hours 1.7 2.1 0.5 -2.1 -7.1 | -1.1 0.8 -1.7 -4.0 -12.6
Hourly |
compensation 4.0 3.8 4.2 3.0 2.0 | 3.3 2.0 4.3 3.1 4.4
Real hourly |
compensation 0.6 0.5 1.3 -0.8 2.3 | 0.0 -1.2 1.4 -0.7 4.8
Unit labor |
costs 2.3 2.8 2.3 1.0 -1.7 | -1.4 0.9 1.1 2.1 2.6
======================================================================================================
TECHNICAL NOTES
Labor Hours: Hours data for the labor productivity and cost measures
include hours for all persons working in the sector—wage and salary
workers, the self-employed and unpaid family workers. The primary source
of hours and employment data is the BLS Current Employment Statistics
(CES) program, which provides monthly survey data on the number of jobs
held by wage and salary workers in nonfarm establishments. The CES also
provides average weekly paid hours of production and nonsupervisory
workers in these establishments. Weekly paid hours are adjusted to hours
at work using data from the National Compensation Survey (NCS). The BLS
Hours at Work survey, conducted for this purpose, was used for earlier
years. The Office of Productivity and Technology estimates average weekly
hours at work for nonproduction and supervisory workers using information
from the Current Population Survey (CPS), the CES, and the NCS.
Data from the CPS are used for farm labor, nonfarm proprietors, and
nonfarm unpaid family workers. Estimates of labor input for government
enterprises are derived from the CPS, the CES, and the National Income and
Product Accounts (NIPA) prepared by the Bureau of Economic Analysis (BEA)
of the Department of Commerce.
The CES measures jobs, counting a person who is employed by two or
more establishments at each place of employment. In contrast, the CPS
features measures of employment that count each person only once and
classify each person according to his or her primary job; hours worked at
all jobs by that person accrue to his or her primary job. However, the
CPS also collects more detailed information on employment and hours worked
at primary jobs and all other jobs, separately. The BLS productivity
measures use the more detailed information on employment and hours to
assign all hours worked to the correct industrial sector and avoid
duplicating hours data from the CES.
Output: Business sector output is a chain-type, current-weighted index
constructed after excluding from gross domestic product (GDP) the
following outputs: general government, nonprofit institutions, and private
households (including owner-occupied housing). Corresponding exclusions
also are made in labor inputs. Business output accounted for about 77
percent of the value of GDP in 2005. Nonfarm business, which excludes
farming, accounted for about 76 percent of GDP in 2005.
Annual indexes for manufacturing and its durable and nondurable goods
components are constructed by deflating current-dollar industry value of
production data from the U.S. Bureau of the Census with deflators from the
BLS. These deflators are based on data from the BLS producer price
program and other sources. The industry shipments are aggregated using
annual weights, and intrasector transactions are removed. Quarterly
manufacturing output measures are based on the index of industrial
production prepared monthly by the Board of Governors of the Federal
Reserve System, adjusted to be consistent with annual indexes of
manufacturing sector output prepared by BLS. Durables include the
following 3-digit NAICS industries: wood product manufacturing;
nonmetallic mineral product manufacturing; primary metal manufacturing;
fabricated metal product manufacturing; machinery manufacturing; computer
and electronic product manufacturing; electrical equipment and appliance
manufacturing; transportation equipment manufacturing; furniture and
related product manufacturing; and miscellaneous manufacturing.
Nondurables include: food manufacturing; beverage and tobacco product
manufacturing; textile mills; textile product mills; apparel
manufacturing; leather and allied product manufacturing; paper
manufacturing; printing and related support activities; petroleum and coal
products manufacturing; chemical manufacturing; and plastics and rubber
products manufacturing.
Nonfinancial corporate output is a chain-type, current-weighted index
calculated on the basis of the costs incurred and the incomes earned from
production. The output measure excludes the following outputs from GDP:
general government; nonprofit institutions; private households;
unincorporated business; and those corporations classified as offices of
bank holding companies, offices of other holding companies, or offices in
the finance and insurance sector. Nonfinancial corporations accounted for
about 50 percent of the value of GDP in 2005.
Productivity: These productivity measures describe the relationship
between real output and the labor time involved in its production. They
show the changes from period to period in the amount of goods and services
produced per hour. Although these measures relate output to hours at work
of all persons engaged in a sector, they do not measure the specific
contribution of labor, capital, or any other factor of production. Rather,
they reflect the joint effects of many influences, including changes in
technology; capital investment; level of output; utilization of capacity,
energy, and materials; the organization of production; managerial skill;
and the characteristics and effort of the work force.
Labor Compensation: Estimates of labor compensation by major sector,
required for measures of hourly compensation and unit labor costs, are
based primarily on employee compensation data from the NIPA, prepared by
the BEA. The compensation of employees in general government, nonprofit
institutions and private households are subtracted from compensation of
domestic employees to derive employee compensation for the business
sector. The labor compensation of proprietors cannot be explicitly
identified and must be estimated. This is done by assuming that
proprietors have the same hourly compensation as employees in the same
sector. The quarterly labor productivity and cost measures do not contain
estimates of compensation for unpaid family workers.
Unit Labor Costs: The measures of unit labor costs in this release
describe the relationship between compensation per hour and productivity,
or real output per hour, and can be used as an indicator of inflationary
pressure on producers. Increases in hourly compensation increase unit
labor costs; labor productivity increases offset compensation increases
and lower unit labor costs.
Presentation of the data: The quarterly data in this release are
presented in three ways; as index number series where 1992=100, as percent
changes from the corresponding quarter of the previous year, and as
percent changes from the previous quarter presented at a compound annual
rate. Annual data are presented both as index number series and percent
changes from the previous year.
The index numbers and rates of change reported in the productivity
and costs news release are rounded to one decimal place. All percent
changes in this release and on the BLS web site are calculated using index
numbers to three decimal places. Revision marks in this release are based
on revisions to three decimal places. These index numbers are available
at the BLS web site, http://www.bls.gov/data/home.htm, or by contacting
the BLS Division of Major Sector Productivity. (Telephone 202-691-5606 or
email DPRWEB@BLS.GOV)
Information in this release will be made available to sensory-
impaired individuals upon request. Voice phone: 202-691-5606; Federal
Relay Service number: 1-800-877-8339.
Table 1. Business sector: Productivity, hourly compensation, unit labor costs,
and prices, seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
2007 I r139.0 168.4 r121.1 r175.2 r122.7 r126.0 r136.7 130.0
II r140.0 169.8 r121.3 r176.3 r122.2 r125.9 r139.4 130.9
III r142.0 171.4 r120.7 r177.7 r122.5 r125.1 r141.9 131.4
IV r142.8 172.3 r120.6 r179.9 r122.3 r126.0 r141.9 131.9
ANNUAL r141.0 170.5 r120.9 r177.3 r122.4 r125.7 r140.0 131.0
2008 I r142.8 171.7 r120.3 r180.3 r121.2 r126.3 r141.7 132.1
II r143.8 172.2 r119.8 r181.0 r120.3 r125.8 r143.8 132.5
III r144.3 170.6 r118.2 r183.6 r120.3 r127.2 r145.3 134.0
IV r145.0 167.4 r115.4 r185.4 r124.1 r127.8 r143.4 133.6
ANNUAL r144.0 170.5 r118.4 r182.5 r121.4 r126.8 r143.6 133.0
2009 I r145.3 163.6 r112.6 r183.5 r123.6 r126.2 r148.0 134.3
II r148.0 163.2 r110.3 r186.8 r125.4 r126.2 r147.7 134.2
III r150.9 164.1 r108.7 r186.8 r124.3 r123.8 r151.9 134.3
IV r153.6 r167.1 r108.8 r187.1 r123.4 r121.8 r155.3 r134.3
ANNUAL r149.4 r164.5 r110.1 r186.0 r124.2 r124.5 r150.8 r134.3
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I r0.7 0.8 r0.1 r4.1 r0.3 r3.4 r5.0 4.0
II r2.9 3.5 r0.5 r2.4 r-1.7 r-0.5 r8.2 2.8
III r5.7 3.7 r-1.9 r3.2 r0.9 r-2.3 r7.2 1.4
IV r2.4 2.1 r-0.3 r5.1 r-0.6 r2.7 r0.0 1.6
ANNUAL 1.8 2.2 0.4 4.2 1.3 2.4 3.0 2.6
2008 I r-0.2 -1.3 r-1.1 r0.9 r-3.5 r1.1 r-0.3 0.6
II r2.9 1.1 r-1.8 r1.4 r-3.0 -1.5 r6.1 1.4
III r1.4 -3.7 r-5.0 r5.9 r-0.2 r4.5 r4.1 4.3
IV r2.1 -7.2 r-9.1 r4.1 r13.5 r1.9 r-5.2 -1.0
ANNUAL r2.1 0.0 r-2.1 r3.0 r-0.8 0.8 2.6 1.5
2009 I r0.9 -8.7 r-9.5 r-4.1 r-1.8 r-5.0 r13.4 2.1
II r7.6 -1.0 r-8.0 r7.5 r6.1 r-0.1 r-0.7 -0.3
III r8.0 2.2 r-5.3 r0.0 r-3.5 r-7.4 r11.9 0.1
IV r7.2 r7.5 r0.3 r0.6 r-2.7 r-6.2 r9.3 r0.1
ANNUAL r3.8 -3.5 r-7.0 r1.9 2.3 r-1.8 r5.0 r0.9
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I 0.3 1.5 1.1 4.0 1.6 3.7 1.6 2.9
II 1.0 2.0 r1.0 r4.3 r1.6 3.3 1.9 2.8
III r2.9 3.0 r0.1 r4.7 2.4 1.7 3.3 2.4
IV 2.9 2.5 r-0.4 3.7 -0.3 0.8 r5.0 2.5
ANNUAL 1.8 2.2 0.4 4.2 1.3 2.4 3.0 2.6
2008 I 2.7 2.0 -0.7 2.9 -1.2 0.2 3.7 1.6
II r2.7 1.4 r-1.3 r2.7 r-1.6 0.0 3.2 1.2
III r1.6 -0.5 r-2.1 r3.3 r-1.8 r1.7 r2.4 2.0
IV r1.5 -2.8 r-4.3 r3.0 r1.5 r1.5 r1.1 1.3
ANNUAL r2.1 0.0 r-2.1 r3.0 r-0.8 0.8 2.6 1.5
2009 I r1.8 -4.7 r-6.4 r1.7 r1.9 r-0.1 r4.4 1.7
II r3.0 -5.2 r-7.9 r3.3 r4.2 r0.3 r2.7 1.3
III r4.6 -3.8 r-8.0 r1.8 r3.4 r-2.7 r4.6 0.2
IV r5.9 -0.2 r-5.7 r0.9 r-0.6 r-4.7 r8.3 r0.5
ANNUAL r3.8 -3.5 r-7.0 r1.9 2.3 r-1.8 r5.0 r0.9
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs,
and prices, seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
2007 I r138.3 168.8 r122.1 r174.3 r122.1 r126.0 r138.2 130.5
II r139.0 170.3 r122.5 r174.9 r121.3 r125.8 r141.0 131.4
III r141.0 172.0 r122.0 r176.2 r121.5 r125.0 r143.3 131.7
IV r142.0 172.8 r121.7 r178.8 r121.5 r125.9 r142.9 132.2
ANNUAL r140.1 171.0 r122.1 r176.1 r121.6 r125.7 r141.4 131.5
2008 I r141.8 172.0 r121.3 r179.3 r120.5 r126.4 r142.5 132.3
II r142.8 172.6 r120.8 r179.7 r119.5 r125.9 r144.9 132.9
III r143.2 170.8 r119.3 r182.4 r119.5 r127.4 r146.5 134.4
IV r144.0 167.5 r116.3 r184.4 r123.5 r128.1 r145.1 134.3
ANNUAL r142.9 170.7 r119.4 r181.4 r120.7 r126.9 r144.7 133.5
2009 I r144.3 163.7 r113.4 r182.5 r122.9 r126.4 r150.3 135.2
II r147.0 163.2 r111.1 r185.9 r124.8 r126.4 r150.0 135.1
III r149.8 164.1 r109.6 r185.7 r123.6 r124.0 r154.6 135.2
IV r152.3 r167.2 r109.7 r186.0 r122.7 r122.1 r157.5 r135.1
ANNUAL r148.3 r164.6 r110.9 r185.0 r123.5 r124.7 r153.2 r135.2
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I r0.9 0.9 r0.0 r4.3 r0.4 r3.4 r4.1 3.6
II r2.2 3.7 r1.5 r1.4 r-2.7 r-0.8 r8.3 2.7
III r5.7 3.9 r-1.6 r3.0 r0.6 r-2.5 r6.8 1.1
IV r2.9 1.8 r-1.0 r6.0 r0.2 r3.1 r-1.0 1.4
ANNUAL 1.8 2.3 0.5 4.2 1.3 2.3 2.4 2.3
2008 I r-0.5 -1.7 r-1.2 r1.1 r-3.3 r1.6 r-1.3 0.5
II r3.0 1.3 r-1.6 r1.1 r-3.3 r-1.9 r7.1 1.6
III r1.1 -4.0 r-5.0 r6.0 r-0.1 r4.9 r4.2 4.6
IV r2.2 -7.6 r-9.6 r4.5 r14.0 r2.2 r-3.7 -0.2
ANNUAL r2.0 -0.1 r-2.1 r3.0 r-0.8 1.0 2.4 1.5
2009 I r0.9 -8.8 r-9.6 r-4.2 r-1.9 -5.0 r15.3 2.7
II r7.6 -1.1 r-8.1 r7.7 r6.3 r0.1 r-0.9 -0.3
III r7.8 2.2 r-5.3 r-0.4 r-3.8 r-7.6 r13.0 0.4
IV r6.9 r7.6 r0.6 r0.6 r-2.8 r-5.9 r7.7 r-0.4
ANNUAL r3.8 -3.6 r-7.1 2.0 r2.3 r-1.7 r5.8 1.3
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I r0.6 1.5 0.9 4.3 1.8 3.7 1.0 2.7
II r1.0 2.1 1.1 r4.2 r1.5 3.1 r1.4 2.4
III 2.9 3.2 r0.3 r4.5 2.2 1.6 2.8 2.1
IV r2.9 2.6 -0.3 3.6 -0.4 0.7 4.5 2.2
ANNUAL 1.8 2.3 0.5 4.2 1.3 2.3 2.4 2.3
2008 I 2.5 1.9 -0.6 r2.8 -1.3 0.3 3.1 1.4
II r2.7 1.3 r-1.4 r2.8 r-1.4 0.1 2.8 1.1
III r1.6 -0.7 r-2.2 r3.5 r-1.6 1.9 r2.2 2.0
IV r1.4 -3.0 r-4.4 r3.1 r1.6 r1.7 r1.5 1.6
ANNUAL r2.0 -0.1 r-2.1 r3.0 r-0.8 1.0 2.4 1.5
2009 I r1.8 -4.8 r-6.5 r1.8 r2.0 r0.0 r5.5 2.2
II r2.9 -5.4 r-8.1 r3.4 r4.4 r0.5 r3.5 1.7
III r4.6 -3.9 r-8.2 r1.8 r3.4 r-2.7 r5.6 0.6
IV r5.8 r-0.2 r-5.7 r0.8 r-0.6 r-4.7 r8.6 r0.6
ANNUAL r3.8 -3.6 r-7.1 2.0 r2.3 r-1.7 r5.8 1.3
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
Table 3. Manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2007 I r176.8 148.0 r83.7 r172.7 r121.0 r97.7
II r177.6 149.3 r84.1 r172.2 r119.4 r97.0
III r180.1 150.3 r83.4 r172.9 r119.2 96.0
IV r182.3 150.4 r82.5 r176.3 r119.9 r96.7
ANNUAL r179.2 149.5 r83.4 r173.5 r119.9 96.9
2008 I r182.7 149.9 r82.1 r175.6 r118.0 r96.1
II r180.9 148.0 r81.8 r176.1 r117.1 r97.4
III r180.7 144.4 r79.9 r179.2 r117.4 r99.2
IV r179.5 137.2 r76.5 r185.4 r124.1 r103.3
ANNUAL r181.0 144.9 r80.1 r179.0 r119.0 r98.9
2009 I r178.2 129.1 r72.4 r185.0 r124.6 r103.8
II r181.1 126.4 r69.8 r187.8 r126.1 r103.7
III r187.4 r129.1 r68.9 r187.4 r124.7 r100.0
IV r190.4 r130.9 r68.7 r187.3 r123.6 r98.4
ANNUAL r184.2 r128.9 r70.0 r186.9 r124.7 r101.5
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I r2.4 1.8 r-0.6 r6.8 r2.9 4.3
II r1.9 3.4 r1.5 r-1.2 r-5.1 -3.0
III r5.7 2.7 r-2.9 r1.5 r-0.9 r-4.0
IV r5.0 0.3 r-4.5 r8.3 r2.4 3.1
ANNUAL r3.1 1.3 r-1.7 4.3 1.4 1.1
2008 I r0.8 -1.2 r-2.0 r-1.7 r-6.0 -2.5
II r-3.9 -5.2 r-1.4 r1.3 r-3.0 r5.3
III r-0.3 -9.3 r-9.0 r7.2 r1.0 r7.6
IV r-2.7 -18.4 r-16.1 r14.3 r24.8 17.5
ANNUAL r1.0 -3.1 r-4.0 r3.1 r-0.7 2.1
2009 I r-2.9 -21.7 r-19.4 r-0.8 r1.6 r2.1
II r6.6 -8.1 r-13.8 r6.3 r4.9 -0.2
III r14.8 r9.0 r-5.1 r-1.0 r-4.4 r-13.7
IV r6.6 r5.5 r-1.0 r-0.1 -3.5 r-6.3
ANNUAL r1.8 r-11.1 r-12.6 r4.4 r4.8 r2.6
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I 2.5 0.4 -2.0 4.3 r1.8 1.8
II r3.0 1.3 r-1.7 r4.6 r1.9 1.5
III r3.2 1.6 -1.6 r4.4 2.1 1.2
IV r3.7 2.0 r-1.6 r3.8 r-0.2 0.0
ANNUAL r3.1 1.3 r-1.7 4.3 1.4 1.1
2008 I r3.4 1.3 -2.0 1.6 -2.5 -1.7
II 1.9 -0.9 -2.7 2.3 -1.9 0.4
III r0.4 -3.9 r-4.3 r3.7 r-1.5 3.3
IV r-1.5 -8.7 r-7.3 r5.1 r3.5 6.7
ANNUAL r1.0 -3.1 r-4.0 r3.1 r-0.7 2.1
2009 I r-2.4 -13.9 r-11.7 r5.4 r5.6 8.0
II r0.1 -14.6 r-14.7 r6.6 r7.7 6.5
III r3.7 r-10.6 r-13.8 r4.6 r6.2 r0.8
IV r6.1 r-4.6 r-10.1 r1.1 r-0.4 r-4.7
ANNUAL r1.8 r-11.1 r-12.6 r4.4 r4.8 r2.6
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
Table 4. Durable manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2007 I r203.9 180.4 r88.5 r167.9 r117.6 r82.3
II r206.0 183.0 r88.8 r166.6 r115.5 r80.9
III r209.7 185.0 r88.2 r167.5 r115.4 r79.9
IV r214.0 185.7 r86.8 r170.9 r116.2 r79.9
ANNUAL r208.4 183.5 r88.1 r168.2 r116.2 80.7
2008 I r213.5 185.3 r86.8 r169.4 r113.9 79.4
II r209.9 181.8 r86.6 r170.2 r113.2 r81.1
III r212.7 178.1 r83.7 r174.0 r114.0 r81.8
IV r205.8 165.1 r80.2 r179.4 r120.1 r87.2
ANNUAL r210.5 177.6 r84.4 r173.1 r115.1 r82.2
2009 I r199.9 150.1 r75.1 r179.5 r120.9 r89.8
II r201.4 143.7 r71.3 r184.2 r123.7 r91.5
III r212.1 r148.6 r70.1 r182.8 r121.7 r86.2
IV r215.6 r150.7 r69.9 r183.1 r120.8 r84.9
ANNUAL r207.1 r148.3 r71.6 r182.4 r121.7 r88.1
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I r2.6 1.2 r-1.4 r8.3 r4.3 5.6
II r4.1 6.0 r1.8 r-3.1 r-7.0 -6.9
III r7.4 4.4 r-2.7 r2.1 r-0.2 -4.9
IV r8.4 1.4 r-6.5 r8.6 r2.6 0.1
ANNUAL 4.0 1.8 -2.1 r4.6 1.8 0.7
2008 I r-1.0 -0.9 r0.1 r-3.6 r-7.8 r-2.6
II r-6.5 -7.3 r-0.8 r1.9 r-2.5 r9.0
III r5.5 -7.9 r-12.7 r9.4 r3.0 r3.7
IV r-12.3 -26.2 r-15.9 r13.0 r23.3 28.8
ANNUAL r1.0 -3.3 -4.2 r2.9 r-0.9 1.9
2009 I r-11.1 -31.6 r-23.0 r0.1 r2.5 12.6
II r3.0 -16.1 r-18.6 r11.0 r9.5 7.7
III r23.0 r14.6 r-6.8 r-2.9 r-6.3 r-21.1
IV r6.8 r5.7 r-1.0 r0.6 r-2.8 r-5.8
ANNUAL r-1.6 -16.5 r-15.1 r5.4 r5.7 r7.1
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I 2.6 0.3 r-2.2 r4.8 r2.3 2.2
II r3.7 1.4 r-2.2 r5.0 r2.2 1.2
III r3.9 2.3 -1.6 5.0 r2.6 1.0
IV r5.6 3.2 r-2.2 r3.9 r-0.1 -1.6
ANNUAL 4.0 1.8 -2.1 r4.6 1.8 0.7
2008 I r4.7 2.7 r-1.9 0.9 -3.2 -3.6
II r1.9 -0.7 r-2.5 r2.2 r-2.0 0.3
III r1.4 -3.7 r-5.1 r3.9 r-1.2 2.5
IV r-3.8 -11.1 r-7.6 r5.0 r3.4 9.1
ANNUAL r1.0 -3.3 -4.2 r2.9 r-0.9 1.9
2009 I r-6.4 -19.0 r-13.5 r6.0 r6.2 r13.2
II r-4.1 -21.0 r-17.6 r8.2 r9.3 12.8
III r-0.3 -16.5 r-16.3 r5.1 r6.7 r5.4
IV r4.8 r-8.7 -12.8 r2.1 r0.6 r-2.6
ANNUAL r-1.6 -16.5 r-15.1 r5.4 r5.7 r7.1
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
Table 5. Nondurable manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2007 I r151.2 115.9 r76.6 r179.6 r125.8 r118.8
II r151.1 116.0 r76.8 r180.8 r125.4 r119.7
III r152.6 116.3 r76.2 r180.8 r124.7 r118.5
IV r152.6 116.0 r76.0 r184.4 r125.4 r120.8
ANNUAL r151.9 116.1 r76.4 r181.4 r125.3 119.5
2008 I r154.3 115.6 r74.9 r185.2 r124.5 r120.0
II r154.0 114.8 r74.5 r185.2 r123.1 r120.2
III r150.7 111.6 r74.1 r187.0 r122.5 r124.1
IV r153.6 108.7 r70.8 r194.5 r130.2 r126.6
ANNUAL r153.1 112.7 r73.6 r187.9 r124.9 r122.7
2009 I r154.4 105.6 r68.4 r193.7 r130.5 r125.5
II r156.5 105.6 r67.5 r193.5 r129.9 r123.6
III r158.9 r106.6 r67.1 r195.0 r129.8 r122.7
IV r161.4 r108.0 r66.9 r194.3 r128.2 r120.4
ANNUAL r157.8 r106.5 r67.5 r194.1 r129.6 r123.0
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I r1.6 2.4 r0.8 r4.0 r0.2 2.4
II r-0.3 0.7 r1.0 r2.6 r-1.5 3.0
III r4.1 0.8 r-3.2 r0.1 r-2.2 r-3.8
IV r0.1 -0.9 r-1.0 r8.2 r2.3 r8.1
ANNUAL 2.0 0.9 -1.1 3.6 r0.7 1.6
2008 I r4.4 -1.4 r-5.5 r1.6 r-2.9 -2.7
II r-0.6 -2.8 r-2.3 r0.0 r-4.3 0.6
III r-8.5 -10.6 r-2.3 r4.1 r-1.9 r13.8
IV r8.0 -9.9 r-16.6 r16.9 r27.6 r8.3
ANNUAL r0.8 -2.9 r-3.7 r3.6 r-0.3 2.7
2009 I r2.1 -11.1 r-12.9 r-1.6 r0.8 -3.6
II r5.7 0.0 r-5.4 r-0.4 r-1.7 -5.8
III r6.2 r3.9 r-2.2 r3.2 r-0.4 r-2.9
IV r6.4 r5.4 r-0.9 r-1.4 r-4.7 r-7.3
ANNUAL r3.0 r-5.5 r-8.3 r3.3 r3.7 r0.3
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I r2.2 0.7 r-1.5 r3.3 0.9 1.1
II r1.9 1.2 r-0.8 r4.0 r1.3 2.0
III r2.4 0.9 r-1.5 3.4 r1.0 0.9
IV r1.4 0.8 r-0.6 3.7 r-0.3 2.3
ANNUAL 2.0 0.9 -1.1 3.6 r0.7 1.6
2008 I 2.0 -0.2 -2.2 3.1 -1.1 1.0
II r2.0 -1.1 r-3.0 r2.4 r-1.8 0.4
III r-1.3 -4.0 r-2.8 r3.4 r-1.7 4.7
IV r0.6 -6.3 r-6.9 r5.4 r3.9 4.8
ANNUAL r0.8 -2.9 r-3.7 r3.6 r-0.3 2.7
2009 I r0.1 -8.7 r-8.7 r4.6 r4.8 4.5
II r1.6 -8.0 r-9.5 r4.5 r5.5 2.8
III r5.5 r-4.5 r-9.4 4.3 5.9 r-1.1
IV r5.1 r-0.7 r-5.5 r-0.1 r-1.5 r-4.9
ANNUAL r3.0 r-5.5 r-8.3 r3.3 r3.7 r0.3
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
Table 6. Nonfinancial corporate sector: Productivity, hourly compensation, unit labor costs, unit profits,
and prices, seasonally adjusted
Output Hourly Real Unit Total Unit Implicit
Year per all- compen- hourly Unit non- unit pro- price
and employee Employee sation compen- labor labor costs fits deflator
quarter hour Output hours (1) sation(2) costs costs(6) (7) (8) (4)
----------------------------------------------------------------------------------------------------------
Indexes 1992=100
2007 I r143.6 175.1 r122.0 r164.3 r115.1 114.4 123.1 116.8 171.2 121.8
II r144.3 176.5 r122.3 r165.0 r114.4 114.4 124.9 117.2 171.8 122.2
III r144.0 175.8 r122.1 r166.1 r114.5 115.3 127.4 118.6 155.6 122.0
IV r146.2 178.5 r122.1 r168.6 r114.6 115.3 127.9 118.7 149.9 121.6
ANNUAL r144.5 176.5 r122.1 r166.0 r114.6 114.9 125.8 117.8 162.1 121.9
2008 I r145.0 176.9 r122.0 r168.7 r113.4 116.3 129.1 119.8 133.0 121.0
II r147.3 178.8 r121.3 r169.7 r112.8 115.1 129.2 118.9 134.7 120.4
III r149.1 178.4 r119.7 r172.4 r112.9 115.6 129.8 119.4 145.3 121.8
IV r149.2 174.6 r117.0 r175.0 r117.2 117.3 134.1 121.8 129.5 122.5
ANNUAL r147.6 177.2 r120.0 r171.4 r114.0 116.1 130.5 120.0 135.7 121.4
2009 I r146.6 166.6 r113.7 r173.2 r116.6 118.1 139.1 123.8 127.5 124.1
II r149.9 166.4 r111.0 r175.4 r117.8 117.1 138.0 122.7 133.8 123.7
III r151.3 r165.7 r109.5 r175.9 r117.0 r116.3 r135.7 r121.5 r140.0 123.2
----------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I r-0.6 0.2 r0.8 r3.9 r0.1 4.5 7.5 5.3 -10.2 3.2
II r2.0 3.2 r1.2 r1.7 r-2.4 -0.3 5.8 1.4 1.5 1.4
III r-0.8 -1.5 r-0.7 r2.6 r0.3 3.4 8.2 4.8 -32.7 -0.7
IV r6.3 6.2 r-0.1 r6.3 r0.5 0.0 1.5 0.5 -13.8 -1.3
ANNUAL 1.0 1.7 0.7 3.6 r0.7 2.6 5.8 3.5 -9.9 1.7
2008 I r-3.2 -3.6 r-0.4 r0.1 r-4.2 3.5 3.9 3.6 -38.0 -1.9
II r6.6 4.4 r-2.1 r2.3 r-2.0 -4.0 0.5 -2.7 5.0 -2.0
III r4.9 -0.8 r-5.4 r6.5 r0.3 1.6 1.8 1.6 35.5 4.8
IV r0.2 -8.3 r-8.5 r6.3 r16.0 6.1 13.9 8.3 -37.0 2.4
ANNUAL r2.2 0.4 r-1.7 r3.2 r-0.6 1.1 3.7 1.8 -16.3 -0.4
2009 I r-6.8 -17.1 r-11.0 r-4.1 r-1.8 2.9 15.8 6.6 -5.8 5.3
II r9.2 -0.6 r-9.0 r5.3 r3.9 -3.6 -3.2 -3.5 21.0 -1.3
III r3.9 r-1.7 r-5.4 r1.0 r-2.5 r-2.8 r-6.5 r-3.9 r19.9 -1.8
----------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I 0.3 1.4 1.1 3.3 0.8 2.9 5.5 3.7 -3.0 2.8
II r1.6 2.6 r1.0 r3.6 r0.9 2.0 5.0 2.8 -2.2 2.1
III r0.4 0.9 r0.5 r3.9 1.6 3.5 7.0 4.5 -18.7 1.1
IV r1.7 2.0 0.3 3.6 -0.4 1.9 5.7 3.0 -14.7 0.6
ANNUAL 1.0 1.7 0.7 3.6 r0.7 2.6 5.8 3.5 -9.9 1.7
2008 I 1.0 1.0 0.0 2.7 -1.5 1.7 4.8 2.6 -22.3 -0.6
II r2.1 1.3 r-0.8 r2.8 r-1.4 0.7 3.5 1.5 -21.6 -1.5
III r3.5 1.5 r-2.0 r3.8 r-1.4 0.2 1.9 0.7 -6.6 -0.1
IV r2.0 -2.2 r-4.1 r3.8 r2.2 1.7 4.9 2.6 -13.6 0.8
ANNUAL r2.2 0.4 r-1.7 r3.2 r-0.6 1.1 3.7 1.8 -16.3 -0.4
2009 I r1.1 -5.8 r-6.8 r2.7 r2.9 1.6 7.7 3.4 -4.1 2.6
II r1.7 -6.9 r-8.5 r3.4 r4.4 1.7 6.8 3.2 -0.7 2.8
III r1.5 r-7.1 r-8.5 r2.1 r3.7 r0.6 r4.5 r1.7 r-3.7 1.1
----------------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
SOURCES: Output data are from the Bureau of Economic Analysis and the
Census Bureau of the U.S. Department of Commerce; the Bureau of Labor
Statistics, U.S. Department of Labor; and the Federal Reserve Board.
Compensation and hours data are from the Bureau of Labor Statistics and
the Bureau of Economic Analysis.
RELIABILITY: Productivity and cost measures are regularly revised as
more complete information becomes available. The measures are first
published within 40 days of the close of the reference period; revisions
appear 30 days later, and second revisions after an additional 60 days.
In the business sector, the third publication (second revision) of a
quarterly index of output per hour of all persons has differed from the
initial value by between -1.5 and +1.4 index points approximately 95
percent of the time. This interval is based on the performance of this
measure between the fourth quarter of 1995 and the third quarter of 2009.
Footnotes, Tables 1-6
(1) Wages and salaries of employees plus employers' contributions for
social insurance and private benefit plans. Except for nonfinancial
corporations, where there are no self-employed, data also include an
estimate of wages, salaries, and supplemental payments for the self-
employed.
(2) The change for recent quarters is based on the Consumer Price Index
for all urban consumers (CPI-U). The trend from 1978-2008 is based on
the Consumer Price Index research series (CPI-U-RS).
(3) Unit nonlabor payments include profits, consumption of fixed
capital, taxes on production and imports less subsidies, net interest and
miscellaneous payments, business current transfer payments, rental income
of persons, and the current surplus of government enterprises.
(4) Current dollar output divided by the output index.
(5) Quarterly changes: Percent change compounded at annual rate is
calculated using index numbers to three decimal places. Indexes
published in the news release are rounded to one decimal place for
convenience. Annual changes: Percent change is calculated using annual
average indexes to three decimal places.
(6) Unit nonlabor costs include consumption of fixed capital, taxes on
production and imports less subsidies, net interest and miscellaneous
payments, and business current transfer payments.
(7) Total unit costs are the sum of unit labor and nonlabor costs.
(8) Unit profits include corporate profits before tax with inventory
valuation and capital consumption adjustments.
Appendix table 1.
Business sector: Revised productivity, hourly compensation, unit labor costs, and prices, seasonally
adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r137.0 160.3 r117.1 r161.8 r120.4 r118.1 r129.9 122.5
II r136.4 161.0 r118.0 r162.5 r120.2 r119.1 r130.5 123.3
III r137.6 162.5 r118.1 r164.9 r120.2 r119.9 r132.7 124.7
IV r137.7 163.4 r118.7 r166.2 r119.8 r120.7 r134.3 125.8
ANNUAL r137.2 161.8 r118.0 r163.8 r120.2 r119.5 r131.9 124.1
2006 I r138.6 166.0 r119.8 r168.4 r120.8 r121.5 r134.5 126.4
II r138.7 166.6 r120.1 r169.0 r120.3 r121.8 r136.7 127.4
III r137.9 166.4 r120.6 r169.7 r119.6 r123.0 r137.3 128.3
IV r138.8 168.1 r121.1 r173.5 r122.7 r125.0 r135.1 128.7
ANNUAL r138.5 166.8 r120.4 r170.1 r120.8 r122.8 r135.9 127.7
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I r3.3 4.5 r1.2 r2.8 r0.8 -0.5 9.6 3.3
II r-1.6 1.7 r3.3 r1.7 r-0.8 r3.3 1.7 2.7
III r3.4 3.7 r0.3 r6.2 r0.2 r2.7 r7.2 4.5
IV r0.3 2.3 r2.0 r3.0 r-1.4 2.7 4.7 3.5
ANNUAL 1.7 3.4 1.6 4.0 0.6 2.2 4.9 3.2
2006 I r2.7 6.5 r3.7 r5.6 r3.5 r2.8 r0.8 2.0
II r0.4 1.4 r1.1 r1.3 r-1.8 1.0 6.7 3.2
III -2.2 -0.4 r1.8 r1.6 r-2.1 r3.9 r1.6 2.9
IV r2.6 4.0 r1.5 r9.3 r10.5 r6.6 -6.3 1.3
ANNUAL 1.0 3.1 2.1 3.8 0.5 2.8 3.1 2.9
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I 2.3 3.7 1.3 4.8 1.7 2.4 4.2 3.1
II r1.2 3.3 2.0 3.9 r0.9 2.6 3.5 3.0
III 1.9 3.4 1.5 3.8 r0.1 1.9 5.9 3.4
IV 1.3 3.0 1.7 3.4 r-0.3 2.0 5.8 3.5
ANNUAL 1.7 3.4 1.6 4.0 0.6 2.2 4.9 3.2
2006 I 1.2 3.5 2.3 4.1 0.4 2.9 3.6 3.2
II 1.7 3.4 1.8 4.0 0.1 2.3 4.8 3.3
III 0.3 2.4 2.1 2.9 -0.5 2.6 3.4 2.9
IV 0.8 2.9 r2.0 r4.4 r2.4 3.5 0.6 2.4
ANNUAL 1.0 3.1 2.1 3.8 0.5 2.8 3.1 2.9
--------------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
Appendix table 2.
Nonfarm business sector: Revised productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r136.0 160.6 r118.1 r160.6 r119.5 r118.1 r131.5 123.0
II r135.7 161.2 r118.8 r161.6 r119.6 r119.1 r132.1 123.9
III r136.7 162.7 r119.0 r164.0 r119.5 r120.0 r134.6 125.3
IV r136.6 163.6 r119.7 r165.0 r119.0 r120.7 r136.2 126.4
ANNUAL r136.2 162.0 r118.9 r162.8 r119.4 r119.5 r133.6 124.7
2006 I r137.5 166.4 r120.9 r167.1 r119.9 r121.5 r136.8 127.1
II r137.7 166.8 r121.1 r167.9 r119.5 r122.0 r139.1 128.3
III r137.0 166.7 r121.7 r168.6 r118.9 r123.0 r139.5 129.1
IV r138.0 168.4 r122.1 r172.5 r122.0 r125.0 r136.8 129.3
ANNUAL r137.5 167.1 r121.5 r169.0 r120.0 r122.9 r138.0 128.5
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I r4.0 4.8 r0.8 r3.2 r1.2 -0.8 11.0 3.7
II r-0.9 1.6 r2.5 r2.7 r0.1 3.6 r1.9 2.9
III r3.0 3.7 r0.7 r5.9 r0.0 r2.8 r7.5 4.6
IV r-0.1 2.4 r2.5 r2.5 r-1.9 2.6 5.1 3.6
ANNUAL 1.7 3.4 1.7 4.0 0.6 2.3 5.5 3.5
2006 I r2.7 6.8 r4.1 r5.3 r3.3 2.6 r1.7 2.2
II r0.3 1.0 r0.7 r1.8 r-1.4 1.5 6.8 3.6
III -1.9 -0.1 r1.8 r1.6 r-2.1 r3.5 r1.1 2.6
IV r2.9 4.2 r1.2 r9.7 r10.9 r6.6 -7.3 0.9
ANNUAL r1.0 3.1 r2.1 3.8 0.5 2.8 3.3 3.0
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I 2.3 3.8 r1.4 4.7 1.6 2.4 4.9 3.3
II 1.2 3.2 2.0 r3.9 1.0 r2.7 4.3 3.4
III 1.7 3.4 1.6 3.8 0.0 2.0 6.4 3.7
IV r1.5 3.1 1.6 r3.6 -0.2 2.0 6.3 3.7
ANNUAL 1.7 3.4 1.7 4.0 0.6 2.3 5.5 3.5
2006 I 1.2 3.6 2.4 4.1 0.3 2.9 4.0 3.3
II 1.5 3.4 2.0 3.9 0.0 2.4 5.2 3.5
III 0.2 2.5 2.2 2.8 -0.6 2.5 r3.6 3.0
IV r1.0 2.9 r1.9 4.5 2.5 3.5 r0.4 2.3
ANNUAL r1.0 3.1 r2.1 3.8 0.5 2.8 3.3 3.0
--------------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
Appendix table 3.
Manufacturing sector: Revised productivity, hourly compensation, and unit labor costs, seasonally
adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r170.0 143.8 r84.6 r160.8 r119.7 94.6
II r171.9 144.5 r84.1 r163.1 r120.6 r94.9
III r172.7 144.5 r83.7 r165.3 r120.5 95.7
IV r173.1 146.6 r84.7 r163.6 r117.9 r94.5
ANNUAL r171.9 144.8 r84.3 r163.2 r119.7 r94.9
2006 I r172.5 147.4 r85.4 r165.6 r118.8 r96.0
II r172.4 147.4 r85.5 r164.7 r117.2 r95.5
III r174.5 147.9 r84.8 r165.6 r116.8 r94.9
IV r175.7 147.4 r83.9 r169.9 r120.2 r96.7
ANNUAL r173.8 147.5 r84.9 r166.4 r118.2 95.8
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I 7.3 6.3 -1.0 r-2.2 -4.2 -8.9
II r4.5 1.9 r-2.5 r5.7 r3.1 1.2
III r1.8 0.0 r-1.7 r5.5 r-0.4 3.7
IV r1.0 5.8 r4.8 r-4.0 r-8.2 -5.0
ANNUAL 4.8 3.7 -1.1 3.3 0.0 -1.4
2006 I r-1.3 2.2 r3.6 r5.1 r3.1 6.6
II r-0.3 0.1 r0.4 r-2.3 r-5.3 -2.0
III r5.0 1.3 r-3.5 r2.1 r-1.6 -2.7
IV r2.9 -1.4 r-4.2 r11.0 r12.2 r7.9
ANNUAL r1.1 1.8 0.8 2.0 r-1.2 0.9
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I 5.1 3.9 -1.2 4.8 1.7 -0.3
II 5.5 4.0 -1.4 4.3 1.3 -1.2
III 5.2 3.3 -1.8 3.2 -0.5 -1.8
IV r3.6 3.5 -0.1 1.1 r-2.5 -2.4
ANNUAL 4.8 3.7 -1.1 3.3 0.0 -1.4
2006 I 1.5 2.5 1.0 3.0 -0.7 1.5
II 0.3 2.0 1.7 1.0 -2.8 0.7
III 1.0 2.3 1.3 r0.2 -3.1 -0.9
IV r1.5 0.5 r-1.0 r3.9 r1.9 2.3
ANNUAL r1.1 1.8 0.8 2.0 r-1.2 0.9
-------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
Appendix table 4.
Durable manufacturing sector: Revised productivity, hourly compensation, and unit labor costs
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r192.7 171.5 r89.0 r155.4 r115.7 r80.7
II r195.1 172.7 r88.6 r156.9 r116.1 r80.5
III 196.9 174.4 88.6 159.3 116.1 80.9
IV r200.0 179.5 r89.7 r157.3 r113.4 r78.6
ANNUAL r196.2 174.5 r89.0 r157.2 r115.3 r80.2
2006 I r198.8 179.9 r90.5 r160.2 r114.9 r80.5
II r198.6 180.5 r90.9 r158.7 r113.0 r79.9
III r201.8 180.9 r89.7 r159.5 r112.5 79.1
IV r202.6 179.9 r88.8 r164.5 r116.4 r81.2
ANNUAL r200.5 180.3 r89.9 r160.7 r114.1 80.2
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I r7.5 7.9 r0.4 r-1.2 r-3.1 -8.0
II r5.0 2.9 r-2.0 r3.9 r1.3 -1.1
III r3.9 4.0 r0.1 r6.2 r0.3 2.2
IV r6.5 12.0 r5.2 r-5.0 r-9.1 -10.8
ANNUAL 5.3 5.2 r-0.2 3.1 r-0.2 -2.1
2006 I r-2.4 1.0 r3.5 r7.5 r5.4 10.1
II r-0.4 1.3 r1.7 r-3.6 r-6.6 -3.2
III r6.5 0.9 r-5.2 r2.1 r-1.6 -4.1
IV r1.7 -2.3 r-3.9 r13.2 r14.4 11.3
ANNUAL r2.2 3.3 1.1 2.2 r-1.0 0.0
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I 4.3 4.0 r-0.3 5.0 1.9 0.7
II 5.4 4.9 r-0.4 3.8 0.9 -1.5
III 5.9 5.1 -0.8 2.8 -0.9 -3.0
IV r5.7 6.6 r0.9 r0.9 -2.8 -4.6
ANNUAL 5.3 5.2 r-0.2 3.1 r-0.2 -2.1
2006 I r3.2 4.9 r1.7 r3.0 r-0.7 -0.2
II r1.8 4.5 2.6 r1.1 r-2.7 -0.7
III r2.5 3.7 r1.2 0.1 r-3.1 -2.3
IV r1.3 0.2 r-1.0 r4.6 r2.6 3.3
ANNUAL r2.2 3.3 1.1 2.2 r-1.0 0.0
-------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
Appendix table 5.
Nondurable manufacturing sector: Revised productivity, hourly compensation, and unit labor costs
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r147.8 115.2 r78.0 r169.2 r125.9 r114.5
II r149.4 115.4 r77.3 r172.9 r127.9 r115.8
III r149.6 114.2 r76.3 r174.5 r127.2 r116.7
IV r147.9 114.0 r77.1 r173.5 r125.1 r117.3
ANNUAL r148.7 114.7 r77.2 r172.5 r126.6 116.1
2006 I r147.9 115.1 r77.8 r173.8 r124.7 r117.5
II r148.2 114.7 r77.4 r173.9 r123.8 r117.3
III r149.0 115.3 r77.4 r175.0 r123.4 r117.5
IV r150.6 115.2 r76.5 r177.8 r125.8 r118.1
ANNUAL r148.9 115.1 r77.3 r175.1 r124.4 117.6
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I r7.7 4.3 r-3.2 r-4.6 r-6.5 -11.4
II 4.3 0.6 -3.5 9.2 r6.5 4.7
III r0.6 -4.1 r-4.7 r3.7 r-2.1 3.1
IV r-4.5 -0.6 r4.0 r-2.3 r-6.5 2.3
ANNUAL 4.9 2.0 -2.8 3.6 0.2 -1.2
2006 I r0.0 3.8 r3.8 r0.7 r-1.2 0.7
II r0.8 -1.2 r-2.1 r0.1 r-3.0 -0.7
III r2.1 1.9 r-0.3 r2.6 r-1.2 0.4
IV r4.4 -0.3 r-4.5 r6.7 r7.9 2.2
ANNUAL r0.2 0.3 r0.1 1.5 -1.7 1.3
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I 6.7 3.8 r-2.7 r4.2 r1.1 -2.3
II 6.2 3.0 r-3.0 r4.9 2.0 -1.2
III 4.9 1.4 -3.4 3.9 0.2 -1.0
IV 1.9 0.0 r-1.9 r1.4 r-2.3 -0.5
ANNUAL 4.9 2.0 -2.8 3.6 0.2 -1.2
2006 I r0.1 -0.1 -0.2 r2.8 r-0.9 2.7
II -0.8 -0.6 0.2 r0.5 -3.2 1.3
III -0.4 0.9 r1.3 r0.3 -3.0 0.7
IV 1.8 1.0 r-0.8 r2.5 r0.5 0.7
ANNUAL r0.2 0.3 r0.1 1.5 -1.7 1.3
-------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
Appendix table 6.
Nonfinancial corporate sector: Revised productivity, hourly compensation, unit labor costs, unit profits,
and prices, seasonally adjusted
Output Hourly Real Unit Total Unit Implicit
Year per all- compen- hourly Unit non- unit pro- price
and employee Employee sation compen- labor labor costs fits deflator
quarter hour Output hours (1) sation(2) costs costs(6) (7) (8) (4)
----------------------------------------------------------------------------------------------------------
Indexes 1992=100
2005 I r140.0 164.5 r117.5 r154.0 r114.6 110.0 113.7 111.0 153.7 114.9
II r141.4 167.4 r118.3 r154.8 r114.5 109.5 114.3 110.8 162.6 115.5
III r140.3 166.8 r118.9 r157.0 r114.5 111.9 117.0 113.3 154.1 117.0
IV r142.4 170.4 r119.7 r157.1 r113.2 110.3 116.4 111.9 173.5 117.6
ANNUAL r141.0 167.3 r118.6 r155.7 r114.2 110.4 115.4 111.8 161.1 116.3
2006 I r143.1 172.6 r120.7 r159.1 r114.1 111.2 116.7 112.6 176.5 118.5
II r142.0 172.0 r121.1 r159.3 r113.4 112.2 118.9 114.0 175.8 119.6
III r143.4 174.3 r121.5 r159.8 r112.7 111.4 119.1 113.5 191.4 120.6
IV r143.8 175.0 r121.7 r162.7 r115.1 113.2 120.9 115.3 175.8 120.8
ANNUAL r143.1 173.5 r121.2 r160.2 r113.8 112.0 118.9 113.8 179.9 119.9
----------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2005 I r4.6 5.2 r0.5 r1.8 r-0.2 -2.7 6.5 -0.3 23.0 2.2
II r4.0 7.0 r2.9 r2.1 r-0.4 -1.8 2.2 -0.7 25.3 2.2
III r-3.3 -1.4 r2.0 r5.7 r-0.2 9.3 9.9 9.4 -19.2 5.4
IV r6.3 9.1 r2.6 r0.2 r-4.2 -5.8 -2.1 -4.8 60.5 1.8
ANNUAL 2.6 4.3 1.7 3.2 -0.1 0.6 3.7 1.5 12.8 2.8
2006 I r1.8 5.3 r3.4 r5.2 r3.1 3.3 0.9 2.6 7.0 3.2
II r-3.0 -1.5 r1.5 r0.6 r-2.6 3.7 7.9 4.8 -1.6 3.9
III r4.1 5.5 r1.4 r1.3 r-2.4 -2.7 0.5 -1.8 40.6 3.2
IV r1.0 1.6 r0.7 r7.6 r8.7 6.5 6.4 6.5 -28.7 0.7
ANNUAL 1.4 3.7 r2.2 2.9 -0.4 1.4 3.1 1.9 11.7 3.1
----------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2005 I 3.5 4.7 1.2 4.2 1.1 0.7 1.9 1.0 15.1 2.6
II r3.1 5.0 r1.8 3.3 0.4 0.2 2.8 0.9 13.8 2.4
III 0.9 2.8 1.9 3.1 -0.6 2.1 5.9 3.2 3.9 3.3
IV 2.8 4.9 r2.0 r2.4 r-1.3 -0.4 4.0 0.8 18.9 2.9
ANNUAL 2.6 4.3 1.7 3.2 -0.1 0.6 3.7 1.5 12.8 2.8
2006 I 2.2 4.9 2.7 3.3 -0.5 1.1 2.6 1.5 14.8 3.1
II 0.4 2.8 2.3 2.9 -1.0 2.5 4.0 2.9 8.1 3.6
III 2.3 4.5 2.2 1.8 -1.5 -0.5 1.7 0.1 24.2 3.0
IV 0.9 2.7 r1.7 r3.6 r1.6 2.6 3.9 3.0 1.4 2.8
ANNUAL 1.4 3.7 r2.2 2.9 -0.4 1.4 3.1 1.9 11.7 3.1
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. March 4, 2010
r=revised Source: Bureau of Labor Statistics
United States Department of Labor
