Internet address: http://www.bls.gov/lpc/ USDL 09-0481
Historical, technical TRANSMISSION OF THIS
information: (202) 691-5606 MATERIAL IS EMBARGOED
Current data: (202) 691-5200 UNTIL 8:30 A.M. EDT,
Media contact: (202) 691-5902 THURSDAY, MAY 7, 2009.
PRODUCTIVITY AND COSTS
First Quarter 2009, Preliminary
The Bureau of Labor Statistics of the U.S. Department of Labor
today reported preliminary productivity data--as measured by output per
hour of all persons--for the first quarter of 2009. The seasonally
adjusted annual rates of productivity growth in the first quarter were:
1.1 percent in the business sector and
0.8 percent in the nonfarm business sector.
Productivity gains in both sectors were due to hours declining
faster than output. First quarter measures are summarized in table A
and appear in detail in tables 1 through 5.
In manufacturing, productivity changes in the first quarter were:
-3.4 percent in manufacturing,
-10.0 percent in durable goods manufacturing, and
-0.1 percent in nondurable goods manufacturing.
Manufacturing sector productivity fell for the fourth consecutive
quarter. First quarter declines in output and hours in total
manufacturing were the largest in these series, which begin with data
for the second quarter of 1987; output dropped 22.4 percent and hours
fell 19.7 percent (seasonally adjusted annual rates). Output and hours
in manufacturing, which includes about 11 percent of U.S. business
sector employment, tend to vary more from quarter to quarter than data
for the aggregate business and nonfarm business sectors. First quarter
measures are summarized in table A and appear in detail in tables 1
through 5.
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Table A. Productivity and costs: Preliminary first quarter 2009 measures
(Seasonally adjusted annual rates)
------------------------------------------------------------------------------
Real
Hourly hourly Unit
Produc- compen- compen- labor
Sector tivity Output Hours sation sation costs
------------------------------------------------------------------------------
Percent change from preceding quarter
Business 1.1 -7.8 -8.8 4.1 6.6 2.9
Nonfarm business 0.8 -8.2 -9.0 4.1 6.6 3.3
Manufacturing -3.4 -22.4 -19.7 12.8 15.5 16.7
Durable -10.0 -31.0 -23.4 15.7 18.4 28.5
Nondurable -0.1 -13.1 -13.0 8.6 11.2 8.8
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Percent change from same quarter a year ago
Business 1.9 -4.0 -5.7 4.1 4.3 2.2
Nonfarm business 1.8 -4.1 -5.8 4.2 4.4 2.4
Manufacturing -3.3 -14.0 -11.1 7.9 8.1 11.5
Durable -6.7 -18.7 -12.9 9.2 9.4 17.1
Nondurable -1.2 -9.1 -8.0 5.8 6.0 7.1
------------------------------------------------------------------------------
The data sources and methods used in the preparation of the
manufacturing series differ from those used in preparing the business
and nonfarm business series, and these measures are not directly
comparable. Output measures for business and nonfarm business are
based on measures of gross domestic product prepared by the Bureau of
Economic Analysis of the U.S. Department of Commerce. Quarterly output
measures for manufacturing reflect indexes of industrial production
independently prepared by the Board of Governors of the Federal Reserve
System. See Technical Notes for further information on data sources.
Business
Productivity in the business sector rose 1.1 percent in the first
quarter of 2009, as output decreased 7.8 percent and hours of all
persons at work in the sector--employees, proprietors, and unpaid
family workers--fell 8.8 percent (seasonally adjusted annual rates).
The decrease in hours was the largest since a decline of 12.1 percent
in the first quarter of 1975. When measured from the first quarter of
2008 to the first quarter of 2009, output per hour increased 1.9
percent (tables A and 1). This growth rate is lower than the 2.5
percent average annual rate from 2000 to 2007.
Hourly compensation increased 4.1 percent during the first quarter
of 2009. Hourly compensation includes wage and salary accruals,
supplements, employer contributions to employee benefit plans, and
taxes. Real hourly compensation, which takes into account changes in
consumer prices, increased 6.6 percent in the first quarter of 2009.
Unit labor costs in the business sector rose 2.9 percent in the
first quarter of 2009. Growth in unit labor costs is roughly equal to
the change in hourly compensation minus the change in output per hour.
Compared to the same quarter a year ago, unit labor costs increased 2.2
percent, more than the 1.4 percent average annual growth that occurred
from 2000 to 2007. The implicit price deflator for the business
sector, which reflects changes in both unit labor costs and unit
nonlabor payments, grew at a 2.4 percent rate in the first quarter.
Nonfarm Business
Productivity in the nonfarm business sector increased 0.8 percent
in the first quarter of 2009, as output declined 8.2 percent and hours
of all persons dropped 9.0 percent (seasonally adjusted annual rates).
The decrease in hours, 9.0 percent, was the largest since the first
quarter of 1975, when hours fell 12.0 percent. Over the last four
quarters, productivity in the nonfarm business sector grew 1.8 percent
(tables A and 2). This was lower than the 2.5 percent average rate of
growth from 2000 to 2007.
Hourly compensation in the nonfarm business sector grew at a 4.1
percent annual rate in the first quarter of 2009. Real hourly
compensation increased 6.6 percent--due to a 2.3 percent decline in
consumer prices (seasonally adjusted annual rates).
Unit labor costs grew 3.3 percent in the first quarter of 2009 and
the implicit price deflator for nonfarm business increased 2.9 percent.
Over the last four quarters, unit labor costs rose 2.4 percent, greater
than the 1.4 percent average annual growth rate from 2000 to 2007.
Manufacturing
Productivity decreased 3.4 percent in the manufacturing sector
during the first quarter of 2009, as output dropped 22.4 percent and
hours fell 19.7 percent (seasonally adjusted annual rates). These were
the largest-ever declines in the output and hours series, which begin
with data for the second quarter of 1987. Over the last four quarters
total manufacturing productivity decreased 3.3 percent. By contrast,
output per hour increased at a 3.7 percent average annual rate during
the 2000-2007 period.
In the durable goods manufacturing subsector, output plummeted at
a 31.0 percent annual rate while hours dropped 23.4 percent, yielding a
productivity decline of 10.0 percent. In the nondurable goods
producing industries productivity edged down 0.1 percent as a 13.1
percent decline in output was offset by a 13.0 percent decline in hours
worked.
The hourly compensation of all manufacturing workers increased
12.8 percent during the first quarter of 2009 and real hourly
compensation rose 15.5 percent (seasonally adjusted annual rates).
Unit labor costs increased 16.7 percent in the first quarter of 2009,
the largest increase in this series since the first quarter of 2000
when this measure increased at the same 16.7 percent rate. From the
first quarter of 2008 to the first quarter of 2009, unit labor costs
rose 11.5 percent. This was a considerable increase compared to the
average annual rate of growth of 0.3 percent from 2000 to 2007.
Fourth quarter and annual measures for nonfinancial corporations
Fourth quarter and annual 2008 measures of productivity and costs
were announced for the nonfinancial corporate sector (tables B, C, and
6). Output per employee hour fell 3.9 percent for the fourth quarter
of 2008 as output and hours fell 10.5 percent and 6.9 percent,
respectively. The productivity decline was the largest since the first
quarter of 1993 when output per hour fell 5.0 percent.
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Table B. Nonfinancial corporations: Fourth quarter 2008 productivity and
cost measures
(Seasonally adjusted annual rates)
------------------------------------------------------------------------------
Real
Hourly hourly Unit Implicit
Produc- compen- compen- labor Unit price
Period tivity Output Hours sation sation costs profits deflator
------------------------------------------------------------------------------
Percent change from preceding quarter
2008 IV -3.9 -10.5 -6.9 5.4 15.0 9.6 -28.8 5.0
------------------------------------------------------------------------------
Percent change from same quarter a year ago
2008 IV 2.5 -1.1 -3.5 4.3 2.7 1.7 -7.9 1.3
------------------------------------------------------------------------------
Hourly compensation increased 5.4 percent in the fourth quarter of
2008. Real hourly compensation rose steeply, 15.0 percent, when the
8.4 percent decrease in consumer prices was taken into account. Unit
labor costs increased 9.6 percent and unit profits fell 28.8 percent in
the fourth quarter of 2008. Productivity for nonfinancial corporations
increased 2.5 percent from the same quarter a year ago, slightly lower
than the 2.7 percent annual growth rate from 2000 to 2007.
------------------------------------------------------------------------------
Table C. Nonfinancial corporations: Annual changes in productivity and
related measures, 1999-2008
------------------------------------------------------------------------------
Measure 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
------------------------------------------------------------------------------
Produc-
tivity 3.7 3.9 1.8 4.0 3.8 3.7 2.7 1.8 0.7 2.8
Output 6.0 5.2 -0.9 0.9 2.2 5.1 4.5 4.1 1.4 1.3
Hours 2.3 1.3 -2.7 -3.0 -1.5 1.3 1.7 2.2 0.7 -1.5
Hourly
compen-
sation 4.9 7.1 4.2 3.6 4.1 3.0 3.6 3.6 4.1 3.9
Real
hourly
compen-
sation 2.8 3.6 1.4 1.9 1.8 0.3 0.3 0.3 1.2 0.1
Unit
labor
costs 1.2 3.1 2.4 -0.4 0.3 -0.7 0.9 1.8 3.4 1.1
Unit
nonlabor
costs 0.9 3.8 8.1 -1.6 0.2 -1.6 3.2 1.7 3.2 2.6
Total
unit
costs 1.1 3.3 3.9 -0.7 0.3 -0.9 1.5 1.8 3.3 1.5
Unit
profits -5.8 -15.8 -24.3 19.2 12.1 31.8 12.5 12.6 -8.8 -10.4
Implicit
price
deflator 0.3 1.2 1.3 0.6 1.2 2.0 2.8 3.1 1.7 0.0
------------------------------------------------------------------------------
Revised measures
Output data for the manufacturing sectors were revised to reflect
revised Indexes of Industrial Production, published by the Board of
Governors of the Federal Reserve System on March 27, 2009. Appendix
tables 1-3 display quarterly and annual data for manufacturing, durable
manufacturing, and nondurable manufacturing beginning in 2004.
Quarterly and annual historical data are available on the BLS website.
A revised seasonally adjusted Consumer Price Index Research
Series, prepared by the BLS Office of Prices and Living Conditions for
the period 1978 to 2008, has been incorporated into the consumer price
series. As a result, measures of real hourly compensation for all
sectors were revised back to 2004. Complete quarterly and annual
series are available on the BLS website.
Previous and revised measures for the fourth quarter and annual
average of 2008 in the business, nonfarm business, and manufacturing
sectors are compared in table D. In the business and nonfarm business
sectors, productivity was revised down slightly in the fourth quarter,
due to downward revisions to output. Unit labor costs in these sectors
grew at the same rate reported March 5. The 2008 annual average
measures for the business and nonfarm business sectors were not
revised.
------------------------------------------------------------------------------
Table D. Previous and revised productivity and related measures
Quarterly percent change at seasonally adjusted annual rate
------------------------------------------------------------------------------
Real
Hourly hourly Unit
Produc- compen- compen- labor
Sector tivity Output Hours sation sation costs
------------------------------------------------------------------------------
Fourth quarter 2008
Business:
Previous -0.4 -8.4 -8.0 5.0 15.6 5.4
Revised -0.5 -8.5 -8.0 4.9 14.4 5.4
Nonfarm business:
Previous -0.4 -8.7 -8.3 5.3 15.9 5.7
Revised -0.6 -8.8 -8.3 5.2 14.8 5.7
Manufacturing:
Previous -4.0 -17.7 -14.2 10.1 21.2 14.7
Revised -4.2 -18.0 -14.4 10.1 20.2 15.0
Annual average 2008
Business:
Previous 2.7 0.8 -1.9 3.6 -0.2 0.9
Revised 2.7 0.8 -1.9 3.6 -0.2 0.9
Nonfarm business:
Previous 2.8 0.8 -1.9 3.7 -0.1 0.9
Revised 2.8 0.8 -1.9 3.7 -0.1 0.9
Manufacturing:
Previous 1.5 -2.5 -3.9 4.0 0.2 2.5
Revised 0.9 -3.0 -3.9 4.0 0.2 3.1
------------------------------------------------------------------------------
Manufacturing productivity growth was revised down for the fourth
quarter as output was revised down by more than hours. Hourly
compensation was not revised, but the downward revision in
manufacturing productivity led to a slight upward revision to unit
labor costs. For the year 2008, a downward revision to manufacturing
output caused productivity to be revised down and unit labor costs to
be revised up; hours and compensation were not revised.
Next release date
The next release of Productivity and Costs is scheduled for 8:30 AM
EDT, Thursday, June 4, 2009. First quarter measures for nonfinancial
corporations and revised first quarter measures for business, nonfarm
business, and manufacturing will be released at that time.
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 78 percent of the value of
GDP in 2000. Nonfarm business, which excludes farming, accounted for about 77
percent of GDP in 2000.
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
54 percent of the value of GDP in 2000.
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. 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 135.7 164.5 121.3 174.3 r122.1 128.5 134.3 130.7
II 137.5 166.8 121.3 175.4 r121.6 127.5 137.5 131.2
III 140.0 169.0 120.8 177.4 r122.3 126.7 139.8 131.6
IV 139.6 168.8 120.9 178.9 r121.6 128.2 139.0 132.2
ANNUAL 138.2 167.3 121.1 176.5 121.9 127.7 137.7 131.4
2008 I 140.4 169.1 120.4 180.5 r121.3 128.6 140.2 132.9
II 142.0 170.2 119.9 181.3 r120.6 127.7 142.4 133.2
III 142.8 169.4 118.6 183.9 r120.4 128.8 144.3 134.6
IV r142.6 r165.7 r116.2 r186.1 r124.6 r130.5 r141.4 r134.6
ANNUAL r141.9 r168.6 r118.8 r182.9 r121.6 r128.9 r142.1 r133.8
2009 I 143.0 162.4 113.6 187.9 126.6 131.4 142.0 135.4
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I -0.7 -0.7 0.0 4.0 r0.2 4.7 3.0 4.0
II 5.7 5.6 0.0 2.4 r-1.7 -3.1 9.9 1.7
III 7.3 5.5 -1.7 4.6 r2.2 -2.5 7.0 1.1
IV -1.1 -0.6 0.5 3.7 r-2.0 4.8 -2.3 2.0
ANNUAL 1.6 2.0 0.5 4.2 1.3 2.6 2.1 2.4
2008 I 2.2 0.7 -1.5 3.5 r-1.1 1.2 3.2 2.0
II 4.7 2.6 -1.9 1.9 r-2.4 -2.6 6.4 0.9
III 2.3 -1.8 -4.0 5.7 r-0.4 3.3 5.6 4.2
IV r-0.5 r-8.5 -8.0 r4.9 r14.4 5.4 r-7.8 r0.0
ANNUAL 2.7 0.8 -1.9 3.6 -0.2 0.9 3.2 1.8
2009 I 1.1 -7.8 -8.8 4.1 6.6 2.9 1.6 2.4
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I -0.2 1.0 1.2 3.9 1.5 4.1 0.6 2.7
II 0.7 1.7 1.0 4.3 1.6 3.6 0.9 2.5
III 2.9 3.0 0.1 4.9 r2.6 1.9 2.6 2.2
IV 2.7 2.4 -0.3 3.7 -0.3 0.9 4.3 2.2
ANNUAL 1.6 2.0 0.5 4.2 1.3 2.6 2.1 2.4
2008 I 3.5 2.8 -0.7 3.5 r-0.7 0.0 4.4 1.7
II 3.2 2.0 -1.2 3.4 -0.8 0.2 3.5 1.5
III 2.0 0.2 -1.7 3.7 -1.5 1.6 3.2 2.3
IV r2.1 -1.8 -3.9 4.0 r2.4 1.8 r1.7 r1.8
ANNUAL 2.7 0.8 -1.9 3.6 -0.2 0.9 3.2 1.8
2009 I 1.9 -4.0 -5.7 4.1 4.3 2.2 1.3 1.9
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. May 7, 2009
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 134.7 164.7 122.2 173.4 r121.5 128.7 135.1 131.1
II 136.3 167.0 122.5 174.0 r120.6 127.6 138.3 131.5
III 138.7 169.2 122.0 175.8 r121.2 126.8 140.5 131.8
IV 138.5 168.9 122.0 177.8 r120.8 128.4 139.7 132.5
ANNUAL 137.0 167.5 122.2 175.2 121.0 127.9 138.4 131.7
2008 I 139.4 169.3 121.5 179.4 r120.6 128.7 141.0 133.2
II 141.0 170.5 120.9 180.2 r119.8 127.8 143.3 133.5
III 141.7 169.7 119.7 182.7 r119.7 128.9 145.6 135.0
IV r141.5 r165.8 r117.1 r185.0 r123.9 r130.7 r143.0 r135.2
ANNUAL r140.9 r168.8 r119.8 r181.8 r120.9 r129.0 r143.2 r134.2
2009 I 141.8 162.3 114.4 186.9 125.9 131.8 143.8 136.2
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I -0.6 -0.9 -0.2 4.2 r0.3 4.8 1.2 3.4
II 4.8 5.8 0.9 1.3 r-2.8 -3.3 9.7 1.5
III 7.0 5.5 -1.5 4.4 r2.0 -2.5 6.4 0.9
IV -0.5 -0.7 -0.2 4.4 r-1.2 5.0 -2.3 2.1
ANNUAL 1.4 2.0 0.5 4.1 1.3 2.7 1.2 2.1
2008 I 2.6 0.9 -1.7 3.7 r-0.8 1.1 3.8 2.1
II 4.7 2.8 -1.7 1.7 r-2.7 -2.8 6.9 0.9
III 2.2 -1.9 -3.9 5.7 r-0.4 3.5 6.4 4.7
IV r-0.6 r-8.8 -8.3 r5.2 r14.8 5.7 r-6.8 r0.6
ANNUAL 2.8 0.8 -1.9 3.7 -0.1 0.9 3.5 1.9
2009 I 0.8 -8.2 -9.0 4.1 6.6 3.3 2.2 2.9
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I -0.1 0.9 1.0 4.1 1.7 4.2 -0.3 2.5
II 0.5 1.6 1.1 4.2 1.5 3.6 -0.2 2.1
III 2.6 2.9 0.3 4.7 2.3 2.0 1.5 1.8
IV 2.6 2.4 -0.3 3.6 -0.4 0.9 3.6 2.0
ANNUAL 1.4 2.0 0.5 4.1 1.3 2.7 1.2 2.1
2008 I 3.5 2.8 -0.6 3.5 -0.7 0.0 4.3 1.6
II 3.4 2.1 -1.3 3.6 -0.7 0.1 3.6 1.5
III 2.2 0.3 -1.9 3.9 -1.3 1.6 3.6 2.4
IV 2.2 -1.8 -4.0 4.1 2.5 1.8 r2.4 r2.1
ANNUAL 2.8 0.8 -1.9 3.7 -0.1 0.9 3.5 1.9
2009 I 1.8 -4.1 -5.8 4.2 4.4 2.4 2.0 2.2
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. May 7, 2009
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 r176.9 r148.0 83.7 176.6 r123.7 r99.8
II r178.2 r149.3 83.8 176.3 r122.3 r99.0
III r180.1 r150.3 83.4 177.0 r122.0 r98.2
IV r181.6 r150.4 82.8 179.6 r122.1 r98.9
ANNUAL r179.2 r149.5 83.4 177.4 122.5 r99.0
2008 I r182.8 r149.9 82.0 181.1 r121.7 r99.1
II r181.6 r148.0 81.5 182.7 r121.5 r100.6
III r180.3 r144.4 80.1 185.1 r121.2 r102.7
IV r178.3 r137.4 r77.0 r189.6 r126.9 r106.3
ANNUAL r180.8 r144.9 r80.2 r184.5 r122.7 r102.1
2009 I 176.8 129.0 72.9 195.4 131.6 110.5
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I r3.7 r1.8 -1.9 5.0 r1.1 r1.2
II r3.0 r3.4 0.4 -0.5 r-4.5 r-3.4
III r4.4 r2.7 -1.6 1.4 r-1.0 r-2.9
IV r3.3 r0.3 -2.9 6.1 r0.3 r2.7
ANNUAL r3.2 r1.3 -1.8 3.6 0.7 r0.4
2008 I r2.6 r-1.2 -3.7 3.4 r-1.1 r0.8
II r-2.5 r-5.2 -2.7 3.5 r-0.9 r6.2
III r-2.9 r-9.3 -6.5 5.4 r-0.7 r8.6
IV r-4.2 r-18.0 r-14.4 10.1 r20.2 r15.0
ANNUAL r0.9 r-3.0 -3.9 4.0 0.2 r3.1
2009 I -3.4 -22.4 -19.7 12.8 15.5 16.7
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I 2.5 0.4 -2.0 3.5 1.0 0.9
II r3.3 r1.3 -2.0 4.1 1.4 r0.8
III r3.3 r1.6 -1.6 3.8 1.5 r0.5
IV r3.6 r2.0 -1.5 2.9 -1.0 r-0.6
ANNUAL r3.2 r1.3 -1.8 3.6 0.7 r0.4
2008 I r3.3 r1.3 -2.0 2.6 r-1.6 r-0.7
II r1.9 r-0.9 -2.7 3.6 -0.7 r1.6
III r0.1 r-3.9 -4.0 4.6 -0.6 r4.5
IV r-1.8 r-8.6 r-7.0 5.6 4.0 r7.5
ANNUAL r0.9 r-3.0 -3.9 4.0 0.2 r3.1
2009 I -3.3 -14.0 -11.1 7.9 8.1 11.5
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. May 7, 2009
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 r204.1 r180.4 88.4 172.7 r121.0 r84.6
II r206.9 r183.0 88.5 172.5 r119.6 r83.4
III r209.7 r185.0 88.2 173.0 r119.3 r82.5
IV r212.9 r185.7 87.2 175.7 r119.4 r82.5
ANNUAL r208.4 r183.5 88.1 173.5 119.8 r83.2
2008 I r213.6 r185.3 86.8 176.5 r118.7 r82.7
II r211.1 r181.8 86.1 178.7 r118.9 r84.7
III r212.2 r178.1 83.9 181.7 r119.1 r85.6
IV r204.5 r165.2 r80.8 r186.0 r124.5 r90.9
ANNUAL r210.4 r177.6 r84.4 r180.6 r120.1 r85.9
2009 I 199.2 150.6 75.6 192.8 129.9 96.8
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I r4.2 r1.2 -2.9 6.2 r2.3 r1.9
II r5.6 r6.0 0.4 -0.5 r-4.5 r-5.8
III r5.6 r4.4 -1.1 1.3 r-1.0 r-4.1
IV r6.3 r1.4 -4.5 6.3 r0.5 r0.0
ANNUAL r4.0 r1.8 -2.1 4.2 1.3 r0.2
2008 I r1.2 r-0.9 -2.0 2.0 r-2.4 r0.8
II r-4.6 r-7.3 -2.9 5.1 r0.6 r10.1
III r2.2 r-7.9 -9.9 6.9 r0.7 r4.5
IV r-13.8 r-25.9 r-14.1 r9.6 r19.6 r27.2
ANNUAL r1.0 r-3.2 -4.2 r4.1 0.3 r3.1
2009 I -10.0 -31.0 -23.4 15.7 18.4 28.5
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I r2.6 r0.3 -2.3 4.2 1.7 r1.5
II r4.1 r1.4 -2.6 4.8 2.1 r0.7
III r4.0 r2.3 -1.6 4.6 r2.3 r0.6
IV r5.4 r3.2 -2.1 3.3 -0.7 r-2.0
ANNUAL r4.0 r1.8 -2.1 4.2 1.3 r0.2
2008 I r4.6 r2.7 -1.8 2.2 -1.9 r-2.3
II r2.0 r-0.7 -2.6 3.6 -0.6 r1.6
III r1.2 r-3.7 -4.9 5.0 -0.2 r3.8
IV r-4.0 r-11.0 r-7.3 r5.9 r4.3 r10.2
ANNUAL r1.0 r-3.2 -4.2 r4.1 0.3 r3.1
2009 I -6.7 -18.7 -12.9 9.2 9.4 17.1
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. May 7, 2009
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 r151.3 r115.9 76.6 181.6 r127.2 r120.0
II r151.4 r116.0 76.7 181.3 r125.7 r119.8
III r152.6 r116.3 76.2 182.0 r125.5 r119.2
IV r152.3 r116.0 76.2 184.7 r125.6 r121.3
ANNUAL r151.9 r116.1 76.4 182.4 126.0 r120.1
2008 I r154.3 r115.6 74.9 187.3 r125.9 r121.4
II r154.2 r114.8 74.4 187.6 r124.7 r121.6
III r150.1 r111.6 74.4 189.1 r123.9 r126.0
IV r152.5 r108.9 r71.4 r194.2 r130.0 r127.3
ANNUAL r152.8 r112.7 r73.8 r189.5 r126.0 r124.0
2009 I 152.5 105.1 69.0 198.2 133.5 130.0
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2007 I r2.4 r2.4 0.0 2.8 r-1.0 r0.4
II r0.3 r0.7 0.4 -0.5 r-4.5 r-0.7
III r3.4 r0.8 -2.5 1.4 r-0.9 r-1.9
IV r-0.9 r-0.9 0.0 6.1 r0.3 r7.0
ANNUAL 2.0 0.9 -1.1 2.4 -0.4 0.4
2008 I r5.4 r-1.4 -6.5 5.8 r1.2 r0.4
II r-0.4 r-2.8 -2.5 0.5 r-3.8 r0.9
III r-10.2 r-10.6 -0.5 3.4 r-2.6 r15.1
IV r6.6 r-9.4 r-15.0 r11.0 r21.2 r4.1
ANNUAL r0.6 r-2.9 -3.4 r3.9 0.0 r3.3
2009 I -0.1 -13.1 -13.0 8.6 11.2 8.8
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2007 I r2.3 r0.7 -1.6 2.1 -0.3 r-0.1
II r2.1 r1.2 -0.9 2.8 0.1 0.7
III 2.5 0.9 -1.6 2.3 0.0 -0.2
IV r1.3 r0.8 -0.5 2.4 -1.5 r1.1
ANNUAL 2.0 0.9 -1.1 2.4 -0.4 0.4
2008 I r2.0 r-0.2 -2.2 3.2 r-1.0 r1.1
II r1.9 r-1.1 -2.9 3.4 -0.8 r1.5
III r-1.7 r-4.0 -2.4 3.9 r-1.2 r5.7
IV r0.1 r-6.1 r-6.3 r5.1 r3.5 r5.0
ANNUAL r0.6 r-2.9 -3.4 r3.9 0.0 r3.3
2009 I -1.2 -9.1 -8.0 5.8 6.0 7.1
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. May 7, 2009
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
2006 I 146.0 176.1 120.6 164.2 r117.8 112.5 113.0 112.6 182.6 118.8
II 145.7 176.2 120.9 164.4 r117.0 112.8 114.6 113.3 183.4 119.5
III 146.7 178.1 121.4 165.1 r116.5 112.5 114.5 113.1 193.4 120.3
IV 145.6 177.3 121.8 167.8 r118.7 115.3 116.5 115.6 174.4 120.8
ANNUAL 146.0 176.9 121.2 165.4 117.5 113.3 114.6 113.6 183.5 119.9
2007 I 145.4 177.2 121.9 170.0 r119.1 116.9 117.6 117.1 172.4 122.1
II 146.7 179.1 122.0 171.1 r118.6 116.6 117.9 116.9 173.1 122.0
III 147.8 180.2 121.9 172.8 r119.1 116.9 118.2 117.2 167.4 121.7
IV 148.3 181.2 122.2 174.9 r118.9 117.9 119.3 118.3 156.4 121.7
ANNUAL 147.1 179.4 122.0 172.2 118.9 117.1 118.3 117.4 167.3 121.9
2008 I 148.1 180.6 121.9 176.1 r118.4 118.9 119.4 119.0 150.8 121.8
II 151.2 183.2 121.2 177.4 r118.0 117.3 119.8 118.0 147.8 120.6
III 153.6 184.2 120.0 180.0 r117.9 117.3 121.3 118.3 156.7 121.8
IV 152.0 179.2 117.9 182.4 122.1 120.0 124.7 121.3 144.0 123.3
ANNUAL 151.2 181.8 120.2 178.9 119.0 118.3 121.3 119.1 149.9 121.9
----------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2006 I 3.0 6.3 3.2 7.5 r5.4 4.3 0.1 3.1 12.8 4.4
II -0.7 0.4 1.1 0.5 r-2.6 1.2 5.7 2.4 1.8 2.3
III 2.8 4.4 1.6 1.8 r-1.9 -0.9 -0.2 -0.7 23.7 2.4
IV -3.1 -1.9 1.2 6.7 r7.8 10.0 7.2 9.2 -34.0 2.0
ANNUAL 1.8 4.1 2.2 3.6 0.3 1.8 1.7 1.8 12.6 3.1
2007 I -0.6 -0.2 0.4 5.3 r1.4 5.9 3.8 5.4 -4.5 4.0
II 3.8 4.2 0.4 2.6 r-1.5 -1.1 0.9 -0.6 1.7 -0.3
III 3.0 2.7 -0.4 4.0 r1.6 0.9 1.2 1.0 -12.6 -0.8
IV 1.2 2.1 0.9 5.0 r-0.8 3.7 3.7 3.7 -23.8 0.0
ANNUAL 0.7 1.4 0.7 4.1 1.2 3.4 3.2 3.3 -8.8 1.7
2008 I -0.4 -1.4 -0.9 2.7 r-1.7 3.2 0.3 2.4 -13.6 0.5
II 8.5 6.0 -2.3 3.1 r-1.3 -5.0 1.2 -3.4 -7.7 -3.8
III 6.4 2.3 -3.9 6.1 r-0.1 -0.3 5.4 1.2 26.5 3.8
IV -3.9 -10.5 -6.9 5.4 15.0 9.6 11.7 10.2 -28.8 5.0
ANNUAL 2.8 1.3 -1.5 3.9 0.1 1.1 2.6 1.5 -10.4 0.0
----------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2006 I 2.9 5.7 2.7 4.0 0.3 1.1 1.6 1.2 17.3 3.2
II 1.2 3.6 2.3 3.6 -0.3 2.4 3.0 2.6 10.1 3.5
III 2.6 4.8 2.2 2.7 r-0.7 0.1 -0.9 -0.2 27.3 3.0
IV 0.5 2.2 1.8 4.1 2.1 3.6 3.1 3.5 -1.6 2.8
ANNUAL 1.8 4.1 2.2 3.6 0.3 1.8 1.7 1.8 12.6 3.1
2007 I -0.4 0.7 1.1 3.5 1.1 4.0 4.1 4.0 -5.6 2.7
II 0.7 1.6 0.9 4.1 1.4 3.4 2.9 3.2 -5.6 2.0
III 0.8 1.2 0.4 4.6 r2.3 3.8 3.2 3.7 -13.5 1.2
IV 1.9 2.2 0.3 4.2 0.2 2.3 2.4 2.3 -10.3 0.7
ANNUAL 0.7 1.4 0.7 4.1 1.2 3.4 3.2 3.3 -8.8 1.7
2008 I 1.9 1.9 0.0 3.6 -0.6 1.6 1.5 1.6 -12.5 -0.2
II 3.0 2.3 -0.7 3.7 r-0.6 0.6 1.6 0.9 -14.6 -1.1
III 3.9 2.2 -1.6 4.2 -1.0 0.3 2.6 1.0 -6.4 0.1
IV 2.5 -1.1 -3.5 4.3 2.7 1.7 4.5 2.5 -7.9 1.3
ANNUAL 2.8 1.3 -1.5 3.9 0.1 1.1 2.6 1.5 -10.4 0.0
----------------------------------------------------------------------------------------------------------
See footnotes following Table 6. May 7, 2009
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 +1.3 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 fourth quarter of 2008.
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. 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
2004 I r161.8 r138.5 85.6 156.8 r120.3 r96.9
II r163.0 r138.9 85.3 159.9 121.7 r98.1
III r164.2 r139.9 85.2 163.7 r123.8 r99.7
IV r167.1 r141.7 84.8 165.8 r124.0 r99.2
ANNUAL 164.0 139.7 85.2 161.5 122.5 98.5
2005 I r170.0 r143.8 84.6 162.1 r120.6 r95.3
II r172.0 r144.5 84.0 164.1 121.4 r95.4
III r172.6 r144.5 83.7 166.4 r121.3 r96.4
IV r173.0 r146.6 84.7 165.4 r119.2 r95.6
ANNUAL 171.9 144.8 84.3 164.5 120.7 95.7
2006 I r172.6 r147.4 85.4 170.7 r122.5 r98.9
II r172.5 r147.4 85.4 169.4 r120.6 r98.2
III r174.4 r147.9 84.8 170.4 r120.2 r97.7
IV r175.3 r147.4 84.1 174.4 r123.4 r99.5
ANNUAL 173.7 147.5 84.9 171.2 121.6 98.6
-------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2004 I r-1.0 r0.5 1.5 -11.6 r-14.6 r-10.7
II r3.0 r1.4 -1.6 8.0 4.8 r4.8
III r3.0 r2.7 -0.3 10.0 r7.1 r6.8
IV r7.2 r5.2 -1.8 5.2 r0.8 -1.9
ANNUAL 2.3 1.7 -0.5 2.1 -0.6 -0.2
2005 I r7.3 r6.3 -1.0 -8.7 r-10.5 r-14.9
II r4.7 r1.9 -2.7 5.2 r2.6 r0.5
III r1.6 r0.0 -1.5 5.7 r-0.2 r4.1
IV r0.7 r5.8 5.1 -2.6 r-6.8 r-3.2
ANNUAL 4.8 3.7 -1.1 1.8 -1.5 -2.8
2006 I r-0.9 r2.2 3.2 13.4 r11.2 r14.5
II r-0.1 r0.1 0.1 -2.9 r-5.9 r-2.8
III r4.4 r1.3 -3.0 2.3 r-1.4 r-2.0
IV r2.0 r-1.4 -3.3 9.8 r11.0 r7.6
ANNUAL 1.0 1.8 0.8 4.1 0.8 3.0
-------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2004 I 2.7 r0.8 -1.9 1.5 r-0.4 -1.2
II 2.3 1.7 -0.6 1.7 -1.1 -0.6
III r1.0 r2.0 1.0 2.7 r0.0 r1.6
IV r3.0 r2.4 -0.6 2.5 r-0.9 r-0.5
ANNUAL 2.3 1.7 -0.5 2.1 -0.6 -0.2
2005 I 5.1 3.9 -1.2 3.4 r0.3 -1.7
II 5.5 4.0 -1.4 2.7 -0.2 -2.7
III 5.2 r3.3 -1.8 1.7 -2.0 r-3.3
IV 3.5 r3.5 -0.1 -0.3 r-3.9 r-3.7
ANNUAL 4.8 3.7 -1.1 1.8 -1.5 -2.8
2006 I r1.5 r2.5 1.0 5.3 1.5 3.8
II r0.3 r2.0 1.7 3.2 r-0.6 2.9
III 1.0 2.3 1.3 2.4 -1.0 1.4
IV r1.3 r0.5 -0.8 5.5 3.5 4.1
ANNUAL 1.0 1.8 0.8 4.1 0.8 3.0
-------------------------------------------------------------------------------------------------
See footnotes following Table 6. May 7, 2009
r=revised Source: Bureau of Labor Statistics
Appendix table 2. 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
2004 I r184.7 r164.8 89.2 152.3 r116.8 r82.4
II r185.1 r164.7 88.9 155.7 118.5 r84.1
III r185.9 r166.0 89.3 159.8 r120.8 r85.9
IV r189.3 r168.3 88.9 161.3 r120.6 r85.2
ANNUAL 186.3 165.9 89.1 157.3 119.2 84.4
2005 I r192.6 r171.5 89.0 158.1 r117.7 r82.1
II r195.1 r172.7 88.5 159.6 118.1 r81.8
III r196.9 r174.4 88.6 162.2 r118.2 r82.3
IV r199.9 r179.5 89.8 160.8 r116.0 r80.5
ANNUAL 196.2 174.5 89.0 160.2 117.5 81.7
2006 I r198.9 r179.9 90.4 165.8 r118.9 r83.3
II r198.8 r180.5 90.8 164.5 r117.1 r82.7
III r201.7 r180.9 89.7 165.4 r116.6 r82.0
IV r202.0 r179.9 89.0 170.1 r120.3 r84.2
ANNUAL 200.4 180.3 90.0 166.4 118.2 83.1
-------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2004 I r-2.3 r1.5 3.9 -18.6 -21.3 r-16.6
II r0.8 r-0.5 -1.3 9.2 5.9 r8.3
III r1.8 r3.3 1.5 10.9 r8.0 r9.0
IV r7.3 r5.6 -1.6 3.7 r-0.6 r-3.3
ANNUAL 1.7 2.3 0.6 0.3 -2.4 -1.4
2005 I r7.3 r7.9 0.5 -7.6 r-9.4 r-13.9
II r5.3 r2.9 -2.2 3.9 r1.3 -1.3
III r3.8 r4.0 0.2 6.4 r0.5 r2.6
IV r6.2 r12.0 5.5 -3.2 r-7.4 r-8.9
ANNUAL 5.3 5.2 -0.1 1.9 -1.4 -3.3
2006 I r-1.9 r1.0 3.0 12.9 r10.7 r15.1
II r-0.2 r1.3 1.5 -3.0 r-6.0 r-2.8
III r5.9 r0.9 -4.7 2.1 r-1.7 r-3.6
IV r0.7 r-2.3 -2.9 12.0 r13.2 r11.3
ANNUAL 2.1 3.3 1.1 3.9 0.6 1.7
-------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2004 I r3.0 r1.9 -1.1 -0.5 -2.3 -3.4
II 2.1 2.5 0.4 0.0 -2.7 -2.1
III r-0.2 r2.4 2.6 1.0 r-1.6 r1.2
IV r1.8 r2.5 0.6 0.6 -2.7 r-1.2
ANNUAL 1.7 2.3 0.6 0.3 -2.4 -1.4
2005 I 4.3 r4.0 -0.2 3.8 r0.7 r-0.4
II 5.4 4.9 -0.5 2.5 -0.4 -2.7
III r5.9 r5.1 -0.8 1.5 -2.2 r-4.2
IV r5.6 r6.6 1.0 -0.3 -3.9 r-5.6
ANNUAL 5.3 5.2 -0.1 1.9 -1.4 -3.3
2006 I r3.3 r4.9 1.6 4.8 1.1 r1.5
II r1.9 r4.5 2.6 3.0 -0.8 1.1
III r2.4 r3.7 1.3 2.0 -1.4 -0.4
IV r1.1 r0.2 -0.8 5.8 3.7 r4.7
ANNUAL 2.1 3.3 1.1 3.9 0.6 1.7
-------------------------------------------------------------------------------------------------
See footnotes following Table 6. May 7, 2009
r=revised Source: Bureau of Labor Statistics
Appendix table 3. 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
2004 I r138.6 r111.0 80.1 163.8 r125.6 r118.2
II r140.7 r112.1 79.7 166.1 126.4 r118.1
III r142.6 r112.7 79.0 169.2 r128.0 r118.7
IV r145.1 r114.0 78.6 172.5 r129.1 r118.9
ANNUAL 141.7 112.4 79.4 167.9 127.3 118.5
2005 I r147.9 r115.2 77.9 167.6 r124.7 r113.3
II r149.4 r115.4 77.2 170.6 126.2 r114.2
III r149.6 r114.2 76.4 172.3 r125.6 r115.2
IV r147.8 r114.0 77.2 171.8 r123.9 r116.3
ANNUAL 148.6 114.7 77.2 170.6 125.1 114.8
2006 I r147.9 r115.1 77.8 177.7 r127.5 r120.2
II r148.3 r114.7 77.4 176.5 r125.6 r119.0
III r148.9 r115.3 77.4 177.9 r125.4 r119.4
IV r150.3 r115.2 76.6 180.3 r127.5 r119.9
ANNUAL 148.9 115.1 77.3 178.1 126.5 119.6
-------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2004 I r2.0 r-0.4 -2.4 2.8 -0.7 r0.7
II r6.2 r3.8 -2.3 5.8 r2.7 r-0.4
III r5.5 r2.1 -3.3 7.8 r5.0 r2.2
IV r7.2 r4.9 -2.1 8.0 r3.5 r0.8
ANNUAL 3.6 1.2 -2.4 5.4 2.6 1.7
2005 I r7.9 r4.3 -3.3 -11.0 r-12.8 r-17.6
II r4.3 r0.6 -3.5 7.5 r4.8 r3.1
III r0.4 r-4.1 -4.5 4.1 r-1.8 r3.7
IV r-4.7 r-0.6 4.3 -1.3 r-5.5 r3.6
ANNUAL 4.9 2.0 -2.8 1.6 -1.7 -3.1
2006 I r0.4 r3.8 3.4 14.6 r12.4 r14.1
II r1.0 r-1.2 -2.3 -2.8 r-5.8 r-3.8
III r1.7 r1.9 0.1 3.1 r-0.6 r1.4
IV r3.9 r-0.3 -4.0 5.6 r6.7 r1.7
ANNUAL 0.1 0.3 0.2 4.4 1.1 4.3
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Percent change from corresponding quarter of previous year
2004 I 2.8 -0.5 -3.2 5.1 3.2 2.3
II r3.1 0.9 -2.1 4.7 1.9 1.5
III 3.4 r1.6 -1.7 5.5 2.7 2.0
IV 5.2 2.6 -2.5 6.1 2.6 0.8
ANNUAL 3.6 1.2 -2.4 5.4 2.6 1.7
2005 I 6.7 3.8 -2.8 2.3 r-0.7 -4.1
II 6.2 3.0 -3.1 2.7 -0.2 -3.3
III 4.9 1.4 -3.4 1.8 r-1.8 -2.9
IV r1.9 0.0 -1.8 -0.4 -4.0 -2.2
ANNUAL 4.9 2.0 -2.8 1.6 -1.7 -3.1
2006 I r0.0 -0.1 -0.2 6.1 2.3 6.0
II r-0.8 -0.6 0.2 3.4 -0.5 4.2
III -0.4 r0.9 1.4 3.2 -0.2 3.6
IV r1.8 r1.0 -0.7 5.0 2.9 r3.1
ANNUAL 0.1 0.3 0.2 4.4 1.1 4.3
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See footnotes following Table 6. May 7, 2009
r=revised Source: Bureau of Labor Statistics
United States Department of Labor
