Transmission of material in this release is embargoed until USDL 19-1476
8:30 a.m. (EDT) Thursday, August 15, 2019
Technical information: (202) 691-5606 • Productivity@bls.gov • www.bls.gov/lpc
Media contact: (202) 691-5902 • PressOffice@bls.gov
PRODUCTIVITY AND COSTS
Second Quarter 2019, Preliminary
Nonfarm business sector labor productivity increased 2.3 percent in the second quarter of 2019, the
U.S. Bureau of Labor Statistics reported today, as output increased 1.9 percent and hours worked
decreased 0.4 percent. (All quarterly percent changes in this release are seasonally adjusted annual
rates.) From the second quarter of 2018 to the second quarter of 2019, productivity increased 1.8
percent, reflecting a 2.6-percent increase in output and a 0.8-percent increase in hours worked. (See table
A1.)
Labor productivity, or output per hour, is calculated by dividing an index of real output by an index of
hours worked by all persons, including employees, proprietors, and unpaid family workers.
Unit labor costs in the nonfarm business sector increased 2.4 percent in the second quarter of 2019, and
increased 2.5 percent over the last four quarters. (See table 2.)
BLS calculates 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.
===========================================================================================================
Historical Revisions to Productivity and Costs Data
Data in this release reflect the 2019 Annual Update of the National Income and Product Accounts
(NIPA) released by the Bureau of Economic Analysis of the U.S. Department of Commerce on July 26,
2019. See “Revised measures” section.
===========================================================================================================
Manufacturing sector labor productivity decreased 1.6 percent in the second quarter of 2019, as
output decreased 2.1 percent and hours worked declined 0.5 percent. Productivity declined 0.9 percent in
the durable manufacturing sector, reflecting a 1.8-percent decrease in output and a 0.9-percent decrease
in hours worked. Productivity decreased 2.6 percent in the nondurable manufacturing sector as output
fell 2.4 percent and hours worked rose 0.3 percent. Over the last four quarters, total manufacturing
sector productivity increased 0.2 percent, as output increased 0.4 percent and hours worked increased
0.2 percent. Unit labor costs in the manufacturing sector increased 5.8 percent in the second quarter of
2019, and increased 4.3 percent from the same quarter a year ago. (See tables A1 and 3.)
The concepts, sources, and methods used for the manufacturing output series differ from those used in
the business and nonfarm business output series; these output measures are not directly comparable. See
the Technical Notes for a more detailed explanation.
Revised first-quarter 2019 measures were announced today for the nonfinancial corporate sector.
Productivity increased 1.5 percent in the first quarter of 2019 and increased 1.1 percent over the last four
quarters. Unit labor costs increased 7.2 percent in the first quarter of 2019 and 1.4 percent from the same
quarter last year. Unit profits of nonfinancial corporations fell at a 33.6-percent annual rate in the first
quarter of 2019 and decreased 5.9 percent over the last four quarters. (See tables A2 and 6.)
Revised measures
Measures of output for the business, nonfarm business, and nonfinancial corporate sectors, and measures
of compensation for all sectors incorporate revised National Income and Product Accounts (NIPA) data
for first-quarter 2014 through first-quarter 2019 released on July 26 by the Bureau of Economic Analysis
(BEA), U.S. Department of Commerce. As a result, all measures incorporating output and compensation
were revised, including labor productivity and unit labor costs. Current dollar output and the implicit
price deflators for the business and nonfarm business sectors were also subject to further revisions back
to 1947 due to rounding. Measures of output for the manufacturing sectors incorporate regular updates
of source data for the first quarter of 2019 and the fourth quarter of 2018.
Measures of hours worked for all sectors incorporate regular updates of source data for the first quarter
of 2019. Hours worked and related measures were revised back to 2003 for all sectors due to incorporation
of revised ratios of supervisory and nonproduction worker average weekly hours to production and
non-supervisory worker average weekly hours. Hours worked and related measures were revised back to 2010
for the business and nonfarm business sectors due to revised NIPA data on government enterprises employment
and on the proportion of sector compensation paid to employees of nonprofit institutions. Hours worked and
related measures were revised back to 2000 for the nonfinancial corporate sector due to the incorporation
of revised NIPA data on the proportion of sector compensation paid to employees of corporations. Because
hours worked were revised for the index base year of 2012, all measures incorporating hours worked--including
productivity--were subject to revision back to 1947; resulting revisions to percent changes are small.
Table B1 presents revised and previous labor productivity and related measures for the nonfarm
business, business, and manufacturing sectors for the first quarter of 2019; table C1 presents annual data
for the nonfarm business, total manufacturing, and nonfinancial corporate sectors from 2016 to 2018.
Nonfarm business sector productivity increased 3.5 percent in the first quarter of 2019--similar to
the previously reported estimate (3.4 percent)--reflecting a 0.1-percentage point downward revision to
hours worked. (See table B1.) A large upward revision to first-quarter unit labor costs--from a decrease
of 1.6 percent to an increase of 5.5 percent--reflected a 7.4-percentage point upward revision to hourly
compensation and a 0.1-percentage point upward revision to productivity. Hourly compensation
increased at a 9.2-percent annual rate in the first quarter of 2019, and real hourly compensation
increased 8.3 percent--the largest quarterly gain since the fourth quarter of 2008 (14.3 percent).
Annual average productivity increased 1.3 percent in the nonfarm business sector in 2018 and 2017,
and increased 0.3 percent in 2016. The average annual rate of productivity growth from 2007 to 2018--
representing the current business cycle--was unchanged at 1.3 percent. Unit labor costs increased 1.8
percent in the nonfarm business sector in 2018, rather than increasing 1.2 percent, due to a 0.5-
percentage point upward revision to hourly compensation. Unit labor costs were revised down by 0.1
percentage point in both 2017 and 2016. (See table C1.)
Manufacturing sector productivity was revised up and increased 1.1 percent in the first quarter of
2019, as output declined less, and hours worked declined more, than previously reported. Productivity
was also revised up in both the durable and nondurable manufacturing subsectors. In the first quarter of
2019, total manufacturing unit labor costs increased 6.8 percent rather than increasing 2.0 percent as
reported June 6, as a 5.6-percentage point upward revision to hourly compensation was partially offset by
a 0.7-percentage point upward revision to productivity. (See table B1.) Total manufacturing real hourly
compensation increased 7.1 percent in first-quarter 2019--the largest increase since the second
quarter of 2009 (8.0 percent).
Annual average manufacturing productivity grew 0.7 percent in 2018, slightly less than previously
reported, and was unrevised in 2017 and 2016. The average annual rate of manufacturing productivity
growth from 2007 to 2018 also was unrevised at 0.7 percent. An upward revision to unit labor costs of
0.6 percentage point in 2018 reflected a similar upward revision to hourly compensation. Revisions to
2017 and 2016 unit labor costs were small. (See tables C1, 3, 4, and 5.)
Nonfinancial corporate sector productivity growth was revised up in the first quarter of 2019, to an
increase of 1.5 percent, rather than the previously published decline of 0.4 percent. This revision was
due solely to a 1.9-percentage point upward revision to output; hours worked were unrevised. Unit
labor costs in the nonfinancial corporate sector were revised to an increase of 7.2 percent from a
preliminary estimate of 2.0 percent, as a large upward revision to hourly compensation was partially
offset by an upward revision to productivity. (See table A2.) Unit profits were revised downward for
the first quarter of 2019, and fell 33.6 percent rather than falling 17.9 percent as previously reported.
Historical revisions to nonfinancial corporate sector productivity due to the Annual Update of the
NIPA were larger than for other major sectors. Fourth-quarter 2018 productivity growth was unrevised
at 1.4 percent as a downward revision to output was offset by a downward revision to hours, but
productivity was revised down along with output in each of the previous six quarters. (See table 6.).
Annual average productivity in the nonfinancial corporate sector was revised downward in each of the
last three years: from a 2.0-percent increase to a 0.2-percent decline in 2018; from a 1.7-percent
increase to a 0.3-percent increase in 2017; and from no change to a decline of 1.1 percent in 2016. (See
tables C1 and 6.) The average annual rate of productivity growth in the nonfinancial corporate sector
from 2015 to 2018 was revised down from a 1.2-percent increase to a decline of 0.3 percent. The
revisions to productivity were due primarily to downward revisions to profits, which are a component
of output for this sector. Over the same 2015-2018 period profits were revised from a 2.0-percent
increase to a 2.1-percent decrease.
Complete annual and quarterly data series can be found on the Productivity and Costs home page:
www.bls.gov/lpc/#data.
______________
The revised Productivity and Costs news release for second-quarter 2019 is scheduled to be
released on Thursday, September 5, 2019 at 8:30 a.m. (EDT).
=========================================================================================================================
Table A1. Labor productivity growth and related measures - preliminary second-quarter 2019
(percent change from previous quarter at annual rate and from same quarter a year ago)
Labor Hours Hourly Real hourly Unit labor
Sector Percent change from: productivity Output worked compensation compensation costs
-------------------------------------------------------------------------------------------------------------------------
Nonfarm business Previous quarter 2.3 1.9 -0.4 4.8 1.8 2.4
A year ago 1.8 2.6 0.8 4.3 2.5 2.5
Business Previous quarter 2.6 2.1 -0.5 5.0 2.0 2.3
A year ago 1.8 2.7 0.9 4.3 2.4 2.5
Manufacturing Previous quarter -1.6 -2.1 -0.5 4.1 1.1 5.8
A Year ago 0.2 0.4 0.2 4.5 2.6 4.3
Durable
manufacturing Previous quarter -0.9 -1.8 -0.9 4.5 1.5 5.5
A year ago 0.7 1.4 0.7 4.4 2.5 3.6
Nondurable
manufacturing Previous quarter -2.6 -2.4 0.3 3.5 0.5 6.3
A year ago -0.1 -0.7 -0.6 4.5 2.6 4.6
=========================================================================================================================
=========================================================================================================================
Table A2. Labor productivity growth and related measures - revised and previously published first-quarter 2019
(percent change from previous quarter at annual rate)
Labor Hours Hourly Real hourly Unit labor
Sector productivity Output worked compensation compensation costs
-------------------------------------------------------------------------------------------------------------------------
Nonfinancial Revised 1.5 3.5 2.0 8.9 7.9 7.2
corporate Previously published -0.4 1.6 2.0 1.6 0.7 2.0
=========================================================================================================================
=========================================================================================================================
Table B1. Labor productivity growth and related measures - revised and previously published first-quarter 2019
(percent change from previous quarter at annual rate)
Labor Hours Hourly Real hourly Unit labor
Sector productivity Output worked compensation compensation costs
-------------------------------------------------------------------------------------------------------------------------
Nonfarm business Revised 3.5 3.9 0.4 9.2 8.3 5.5
Previously published 3.4 3.9 0.5 1.8 0.9 -1.6
Business Revised 3.6 3.9 0.3 9.3 8.4 5.5
Previously published 3.5 3.9 0.4 1.9 1.0 -1.5
Manufacturing Revised 1.1 -1.8 -2.9 8.0 7.1 6.8
Previously published 0.4 -2.0 -2.4 2.4 1.5 2.0
Durable Revised 0.1 -2.7 -2.8 8.4 7.5 8.4
manufacturing Previously published -0.6 -2.8 -2.2 2.1 1.1 2.7
Nondurable Revised 2.4 -0.8 -3.2 7.3 6.3 4.7
manufacturing Previously published 1.6 -1.1 -2.6 3.1 2.2 1.5
=========================================================================================================================
=========================================================================================================================
Table C1. Labor productivity growth and related measures - revised and previous annual average changes: 2016-2018
Labor Hours Hourly Real hourly Unit labor
Sector Year productivity Output worked compensation compensation costs
-------------------------------------------------------------------------------------------------------------------------
Nonfarm 2018 Revised 1.3 3.5 2.1 3.1 0.7 1.8
business Previously published 1.3 3.5 2.1 2.6 0.2 1.2
2017 Revised 1.3 2.9 1.5 3.5 1.3 2.1
Previously published 1.2 2.7 1.5 3.4 1.2 2.2
2016 Revised 0.3 1.7 1.4 1.1 -0.2 0.8
Previously published 0.2 1.6 1.4 1.1 -0.2 0.9
Manufacturing 2018 Revised 0.7 2.7 1.9 2.2 -0.3 1.4
Previously published 0.8 2.7 1.9 1.6 -0.8 0.8
2017 Revised 1.2 2.2 1.0 3.5 1.3 2.3
Previously published 1.2 2.2 1.0 3.3 1.2 2.1
2016 Revised -0.1 -0.1 0.0 0.5 -0.7 0.6
Previously published -0.1 -0.1 0.0 0.6 -0.7 0.7
Nonfinancial 2018 Revised -0.2 1.9 2.1 3.2 0.8 3.4
corporate Previously published 2.0 4.1 2.1 2.1 -0.4 0.1
2017 Revised 0.3 2.0 1.7 3.3 1.1 3.0
Previously published 1.7 3.4 1.7 3.2 1.0 1.5
2016 Revised -1.1 0.3 1.4 1.1 -0.2 2.3
Previously published 0.0 1.5 1.5 1.1 -0.2 1.0
=========================================================================================================================
TECHNICAL NOTES
Labor Hours
Hours data for the labor productivity and cost measures include hours worked 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, counting a person who is employed by two or more establishments at each place of
employment. The CES also provides average weekly paid hours of production and nonsupervisory
workers in these establishments. Weekly paid hours are adjusted to hours worked using data from the
National Compensation Survey (NCS) for 1996 forward and data from the BLS Hours at Work survey,
conducted for this purpose, prior to 1990. Between 1990 and 1995, weekly paid hours are adjusted to
hours at work using a combination of NCS and Hours at Work survey data. 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 to estimate hours worked for farm labor, nonfarm proprietors, and nonfarm
unpaid family workers. Using CPS information on employment and hours worked at primary jobs and
all other jobs, separately, the BLS productivity measures assign all hours worked to the appropriate
industrial sector. Hours 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.
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
hours. Business output accounted for about 77 percent of the value of GDP in 2018. Nonfarm business,
which excludes farming, accounted for about 76 percent of GDP in 2018.
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 Index 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 indexes 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.
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 55 percent of the value of GDP in 2018.
Labor Productivity
The measure describes the relationship between real output and the labor time involved in its production.
Measures of labor productivity growth show the changes from period to period in the amount of goods
and services produced per hour worked. 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
The measure includes accrued wages and salaries, supplements, employer contributions to employee
benefit plans, and taxes. 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 employees in domestic
industries 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
These measures describe the relationship between compensation per hour and labor 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 percent changes from the previous
quarter presented at a compound annual rate, as percent changes from the corresponding quarter of the
previous year, and as index number series where 2012=100. 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. A complete historical series of these index numbers are available
at the BLS web site, www.bls.gov/data/home.htm, or by contacting the BLS Division of Major Sector
Productivity (Telephone 202-691-5606 or email productivity@bls.gov).
For a more detailed explanation of methodology see "Technical Information About the Major Sector
Productivity and Costs Methods" at www.bls.gov/lpc/lpcmethods.pdf.
Information in this release will be made available to sensory-impaired individuals upon request. Voice
phone: 202-691-5200; Federal Relay Service number: 1-800-877-8339.
Table 1. Business sector: Labor productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted.
Real
Hourly hourly Unit Implicit
Year Labor compen- compen- Unit nonlabor price
and produc- Hours sation sation labor payments deflator
quarter tivity Output worked (1) (2) costs (3) (4)
---------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate (5)
2019 II 2.6 2.1 -0.5 5.0 2.0 2.3 3.6 2.9
I 3.6 r 3.9 0.3 r 9.3 r 8.4 r 5.5 r -7.0 r -0.1 r
2018 ANNUAL 1.3 r 3.4 2.0 3.2 r 0.8 r 1.9 r 2.8 r 2.3 r
2018 IV 0.0 r 1.2 r 1.3 r 0.5 r -1.0 r 0.5 r 2.1 r 1.2 r
III 0.8 r 3.4 r 2.6 r 2.6 r 0.6 r 1.7 r 1.1 r 1.5 r
II 2.4 r 4.0 r 1.5 0.7 r -1.4 r -1.7 r 10.8 r 3.6
I 1.3 r 2.9 r 1.6 r 4.7 1.4 3.4 r 0.1 r 2.0 r
2017 ANNUAL 1.3 r 2.8 r 1.5 3.5 r 1.3 2.1 r 1.2 r 1.7
2017 IV 0.1 r 4.1 r 4.0 4.4 r 1.2 r 4.3 r 0.7 r 2.7 r
III 3.4 r 4.0 r 0.5 r 5.0 r 2.8 r 1.5 r 2.9 r 2.1 r
II 0.4 r 2.6 r 2.2 r 2.1 r 1.7 r 1.7 r 0.3 r 1.1 r
I 0.6 r 2.6 r 2.0 3.5 r 0.7 r 2.9 r 0.1 r 1.7 r
---------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2019 II 1.8 2.7 0.9 4.3 2.4 2.5 -0.1 1.4
I 1.7 r 3.1 r 1.4 3.2 r 1.6 r 1.5 r 1.6 r 1.5 r
2018 ANNUAL 1.3 r 3.4 2.0 3.2 r 0.8 r 1.9 r 2.8 r 2.3 r
2018 IV 1.1 r 2.9 r 1.7 2.1 r -0.1 r 1.0 r 3.5 r 2.1
III 1.2 3.6 2.4 3.1 r 0.5 r 1.9 r 3.1 r 2.4
II 1.8 r 3.7 r 1.9 3.7 r 1.0 r 1.9 r 3.5 r 2.6
I 1.3 r 3.4 r 2.1 r 4.0 r 1.8 r 2.7 r 1.0 r 2.0 r
2017 ANNUAL 1.3 r 2.8 r 1.5 3.5 r 1.3 2.1 r 1.2 r 1.7
2017 IV 1.1 r 3.3 r 2.2 3.7 r 1.6 r 2.6 r 1.0 r 1.9
III 1.7 r 2.9 r 1.2 4.0 r 1.9 r 2.2 r 0.9 r 1.6
II 1.3 r 2.6 r 1.3 r 3.3 r 1.3 r 2.0 r 0.7 r 1.4
I 1.3 r 2.5 r 1.2 3.0 r 0.4 r 1.7 r 2.2 r 1.9 r
---------------------------------------------------------------------------------------------------
Indexes 2012=100
2019 II 107.9 121.2 112.3 120.3 108.1 111.5 108.3 110.1
I 107.2 r 120.6 r 112.5 r 118.9 r 107.5 r 110.9 r 107.4 r 109.4 r
2018 ANNUAL 106.0 r 118.3 r 111.7 r 115.7 r 105.6 r 109.2 r 108.1 r 108.7 r
2018 IV 106.3 r 119.4 r 112.4 r 116.2 r 105.4 r 109.4 r 109.4 r 109.4 r
III 106.3 r 119.0 r 112.0 r 116.1 r 105.7 r 109.3 r 108.8 r 109.1 r
II 106.0 r 118.0 r 111.3 r 115.4 r 105.5 r 108.8 r 108.5 r 108.7 r
I 105.4 r 116.9 r 110.9 r 115.1 r 105.9 r 109.2 r 105.7 r 107.7 r
2017 ANNUAL 104.6 r 114.4 r 109.4 r 112.1 r 104.8 r 107.2 r 105.2 r 106.3 r
2017 IV 105.1 r 116.1 r 110.5 r 113.8 r 105.5 r 108.3 r 105.7 r 107.2 r
III 105.0 r 114.9 r 109.4 r 112.6 r 105.2 r 107.2 r 105.5 r 106.5 r
II 104.2 r 113.8 r 109.2 r 111.2 r 104.5 r 106.8 r 104.8 r 105.9 r
I 104.0 r 113.1 r 108.7 r 110.7 r 104.0 r 106.4 r 104.7 r 105.6 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
Table 2. Nonfarm business sector: Labor productivity, hourly compensation, unit labor costs, and
prices, seasonally adjusted.
Real
Hourly hourly Unit Implicit
Year Labor compen- compen- Unit nonlabor price
and produc- Hours sation sation labor payments deflator
quarter tivity Output worked (1) (2) costs (3) (4)
---------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate (5)
2019 II 2.3 1.9 -0.4 4.8 1.8 2.4 3.7 2.9
I 3.5 r 3.9 0.4 r 9.2 r 8.3 r 5.5 r -6.9 r 0.0 r
2018 ANNUAL 1.3 3.5 2.1 3.1 r 0.7 r 1.8 r 3.0 r 2.3 r
2018 IV 0.1 r 1.2 r 1.1 r 0.7 r -0.8 r 0.6 r 1.9 r 1.2 r
III 1.2 r 3.5 r 2.2 r 2.9 r 0.9 r 1.6 1.9 r 1.7 r
II 1.8 r 4.0 r 2.1 0.3 r -1.9 r -1.6 r 10.9 r 3.6
I 0.9 r 2.9 r 2.0 r 4.1 0.9 3.2 r 0.4 r 2.0 r
2017 ANNUAL 1.3 r 2.9 r 1.5 3.5 r 1.3 r 2.1 r 1.0 r 1.6
2017 IV 0.9 r 4.2 r 3.3 5.2 r 2.0 r 4.3 r 0.8 r 2.7 r
III 3.0 r 4.2 r 1.2 r 4.4 r 2.2 r 1.4 r 3.2 r 2.2 r
II 0.5 r 2.7 r 2.2 r 2.1 r 1.7 r 1.6 r 0.4 r 1.1 r
I 1.0 r 2.5 r 1.5 4.2 r 1.4 r 3.1 r -1.4 r 1.2 r
---------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2019 II 1.8 2.6 0.8 4.3 2.5 2.5 0.1 1.4
I 1.7 r 3.2 r 1.5 3.2 r 1.5 r 1.5 r 1.8 r 1.6 r
2018 ANNUAL 1.3 3.5 2.1 3.1 r 0.7 r 1.8 r 3.0 r 2.3 r
2018 IV 1.0 r 2.9 r 1.9 r 2.0 r -0.2 r 1.0 r 3.7 r 2.1
III 1.2 r 3.6 2.4 r 3.1 r 0.5 r 1.9 r 3.4 r 2.5 r
II 1.6 r 3.8 r 2.1 3.5 r 0.8 r 1.8 r 3.7 r 2.6
I 1.3 r 3.5 r 2.2 3.9 r 1.7 r 2.6 r 1.2 r 2.0 r
2017 ANNUAL 1.3 r 2.9 r 1.5 3.5 r 1.3 r 2.1 r 1.0 r 1.6
2017 IV 1.3 r 3.4 r 2.0 4.0 r 1.8 r 2.6 r 0.7 r 1.8
III 1.6 r 3.0 r 1.5 3.8 r 1.7 r 2.2 r 0.7 r 1.5
II 1.2 2.6 1.4 3.2 1.2 r 2.0 0.6 r 1.4
I 1.2 r 2.4 r 1.2 2.9 r 0.4 r 1.7 r 2.1 r 1.9
---------------------------------------------------------------------------------------------------
Indexes 2012=100
2019 II 107.5 120.9 112.5 120.3 108.1 111.9 109.5 110.8
I 106.9 r 120.4 r 112.6 r 118.9 r 107.6 r 111.2 r 108.5 r 110.0 r
2018 ANNUAL 105.7 r 118.1 r 111.8 r 115.8 r 105.7 r 109.5 r 109.1 r 109.3 r
2018 IV 106.0 r 119.2 r 112.4 r 116.4 r 105.5 r 109.8 r 110.4 r 110.0 r
III 106.0 r 118.8 r 112.1 r 116.1 r 105.7 r 109.6 r 109.9 r 109.7 r
II 105.7 r 117.8 r 111.5 r 115.3 r 105.5 r 109.1 r 109.4 r 109.3 r
I 105.2 r 116.7 r 110.9 r 115.2 r 106.0 r 109.6 r 106.6 r 108.3 r
2017 ANNUAL 104.4 r 114.2 r 109.4 r 112.3 r 105.0 r 107.6 r 105.9 r 106.9 r
2017 IV 104.9 r 115.8 r 110.4 r 114.1 r 105.7 r 108.7 r 106.5 r 107.8 r
III 104.7 r 114.7 r 109.5 r 112.7 r 105.2 r 107.6 r 106.3 r 107.0 r
II 103.9 r 113.5 r 109.2 r 111.4 r 104.6 r 107.2 r 105.5 r 106.5 r
I 103.8 r 112.7 r 108.6 r 110.9 r 104.2 r 106.8 r 105.4 r 106.2 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
Table 3. Manufacturing sector: Labor productivity, hourly compensation, and unit labor costs,
seasonally adjusted.
Real
Year Labor Hourly hourly Unit
and produc- Hours compensa- compensa- labor
quarter tivity Output worked tion (1) tion (2) costs
---------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate (5)
2019 II -1.6 -2.1 -0.5 4.1 1.1 5.8
I 1.1 r -1.8 r -2.9 r 8.0 r 7.1 r 6.8 r
2018 ANNUAL 0.7 r 2.7 1.9 2.2 r -0.3 r 1.4 r
2018 IV 0.9 r 1.6 0.7 r 3.4 1.8 2.5 r
III 0.4 r 4.0 3.6 r 2.4 r 0.4 r 2.0 r
II 1.4 r 2.7 1.2 r -4.6 r -6.7 r -6.0 r
I -0.2 r 1.9 2.2 r 4.4 r 1.2 r 4.7 r
2017 ANNUAL 1.2 2.2 1.0 3.5 r 1.3 r 2.3 r
2017 IV 3.9 r 5.7 1.7 r 5.4 r 2.2 r 1.4 r
III -4.0 r -1.5 2.7 r 1.9 r -0.2 r 6.2 r
II 3.8 r 3.6 -0.2 r 3.9 r 3.5 r 0.1 r
I 0.9 r 3.0 2.1 r 3.9 r 1.1 r 3.0 r
---------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2019 II 0.2 0.4 0.2 4.5 2.6 4.3
I 0.9 r 1.6 0.6 r 2.2 r 0.5 r 1.2 r
2018 ANNUAL 0.7 r 2.7 1.9 2.2 r -0.3 r 1.4 r
2018 IV 0.6 r 2.5 1.9 1.3 r -0.9 r 0.7 r
III 1.4 r 3.6 2.2 r 1.8 r -0.8 r 0.5 r
II 0.2 2.2 1.9 r 1.7 r -0.9 r 1.5 r
I 0.8 2.4 1.6 r 3.9 r 1.6 r 3.1 r
2017 ANNUAL 1.2 2.2 1.0 3.5 r 1.3 r 2.3 r
2017 IV 1.1 r 2.7 1.6 r 3.8 r 1.6 r 2.7 r
III 0.8 1.9 1.2 3.7 r 1.7 r 2.9 r
II 2.1 2.8 0.7 3.7 r 1.7 r 1.6 r
I 0.8 r 1.5 0.7 3.0 r 0.4 r 2.2 r
---------------------------------------------------------------------------------------------------
Indexes 2012=100
2019 II 101.6 108.0 106.3 116.7 104.8 114.8
I 102.0 r 108.5 r 106.4 r 115.5 r 104.5 r 113.2 r
2018 ANNUAL 101.4 r 108.0 r 106.5 r 112.6 r 102.8 r 111.0 r
2018 IV 101.7 r 109.0 r 107.2 r 113.3 r 102.7 r 111.4 r
III 101.5 r 108.6 107.0 r 112.4 r 102.3 r 110.7 r
II 101.4 r 107.5 106.0 r 111.7 r 102.2 r 110.1 r
I 101.1 r 106.8 105.7 r 113.0 r 103.9 r 111.8 r
2017 ANNUAL 100.7 r 105.2 104.5 r 110.2 r 103.0 r 109.5 r
2017 IV 101.1 r 106.3 105.1 r 111.8 r 103.6 r 110.6 r
III 100.2 r 104.9 104.7 r 110.4 r 103.1 r 110.2 r
II 101.2 r 105.3 104.0 r 109.8 r 103.1 r 108.5 r
I 100.3 r 104.3 104.0 r 108.8 r 102.3 r 108.5 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
Table 4. Durable manufacturing sector: Labor productivity, hourly compensation, and unit labor
costs, seasonally adjusted.
Real
Year Labor Hourly hourly Unit
and produc- Hours compensa- compensa- labor
quarter tivity Output worked tion (1) tion (2) costs
---------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate (5)
2019 II -0.9 -1.8 -0.9 4.5 1.5 5.5
I 0.1 r -2.7 r -2.8 r 8.4 r 7.5 r 8.4 r
2018 ANNUAL 1.1 r 3.4 2.3 r 2.6 r 0.2 r 1.5 r
2018 IV 2.0 4.7 2.7 r 3.0 1.5 r 1.0 r
III 1.9 5.8 3.8 1.8 r -0.2 r -0.1 r
II 0.3 r 2.2 1.9 r -4.3 r -6.3 r -4.6 r
I 0.4 3.9 3.5 4.2 r 1.0 r 3.8 r
2017 ANNUAL 1.7 2.3 0.6 4.2 r 2.0 r 2.5 r
2017 IV 4.0 r 5.3 1.2 r 7.5 r 4.3 r 3.4 r
III -3.5 r -1.3 2.3 r 1.5 r -0.7 r 5.2 r
II 5.0 r 2.8 -2.1 r 6.9 r 6.5 r 1.8 r
I 0.9 r 3.9 2.9 3.4 r 0.5 r 2.4 r
---------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2019 II 0.7 1.4 0.7 4.4 2.5 3.6
I 1.1 r 2.5 r 1.4 r 2.1 r 0.5 r 1.1 r
2018 ANNUAL 1.1 r 3.4 2.3 r 2.6 r 0.2 r 1.5 r
2018 IV 1.1 r 4.1 3.0 r 1.1 r -1.1 r 0.0 r
III 1.6 r 4.3 2.6 r 2.2 r -0.4 r 0.6 r
II 0.3 2.5 2.2 2.1 r -0.5 r 1.9 r
I 1.4 r 2.6 1.2 r 5.0 r 2.7 r 3.6 r
2017 ANNUAL 1.7 2.3 0.6 4.2 r 2.0 r 2.5 r
2017 IV 1.6 2.6 1.1 r 4.8 r 2.6 r 3.2 r
III 1.1 r 1.9 0.8 4.3 r 2.3 r 3.2 r
II 2.8 3.0 0.2 4.6 2.6 1.8
I 1.3 1.8 0.4 r 3.2 r 0.6 r 1.8 r
---------------------------------------------------------------------------------------------------
Indexes 2012=100
2019 II 102.5 109.3 106.6 117.7 105.7 114.9
I 102.7 r 109.8 r 106.9 r 116.4 r 105.3 r 113.4 r
2018 ANNUAL 102.1 r 108.7 106.5 r 113.5 r 103.6 r 111.2 r
2018 IV 102.7 r 110.6 r 107.6 r 114.1 r 103.5 r 111.1 r
III 102.2 r 109.3 106.9 r 113.3 r 103.1 r 110.8 r
II 101.7 r 107.7 105.9 r 112.8 r 103.1 r 110.9 r
I 101.7 r 107.2 105.4 r 114.0 r 104.8 r 112.2 r
2017 ANNUAL 101.0 r 105.1 104.1 r 110.7 r 103.5 r 109.6 r
2017 IV 101.6 r 106.1 104.5 r 112.8 r 104.6 r 111.1 r
III 100.6 r 104.8 104.2 r 110.8 r 103.5 r 110.2 r
II 101.5 r 105.1 103.6 r 110.4 r 103.7 r 108.8 r
I 100.2 r 104.4 104.2 r 108.6 r 102.1 r 108.3 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
Table 5. Nondurable manufacturing sector: Labor productivity, hourly compensation, and unit labor
costs, seasonally adjusted.
Real
Year Labor Hourly hourly Unit
and produc- Hours compensa- compensa- labor
quarter tivity Output worked tion (1) tion (2) costs
---------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate (5)
2019 II -2.6 -2.4 0.3 3.5 0.5 6.3
I 2.4 r -0.8 r -3.2 r 7.3 r 6.3 r 4.7 r
2018 ANNUAL 0.6 1.9 1.4 r 1.2 r -1.2 r 0.7 r
2018 IV 1.0 -1.6 -2.6 3.6 r 2.1 2.6 r
III -1.2 r 2.2 3.4 r 3.5 r 1.5 r 4.7 r
II 3.0 r 3.1 0.1 r -5.5 r -7.5 r -8.3 r
I -0.1 r -0.1 0.0 r 4.4 r 1.1 r 4.5 r
2017 ANNUAL 0.2 1.9 1.7 2.3 r 0.1 r 2.1 r
2017 IV 3.4 r 6.2 2.6 r 1.4 r -1.7 r -1.9 r
III -4.8 r -1.6 3.3 r 2.9 r 0.8 r 8.1 r
II 1.2 r 4.4 3.2 r -1.3 r -1.7 r -2.5 r
I 1.3 r 2.0 0.6 r 4.8 r 1.9 r 3.4
---------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2019 II -0.1 -0.7 -0.6 4.5 2.6 4.6
I 1.3 r 0.7 r -0.6 r 2.1 r 0.5 r 0.8 r
2018 ANNUAL 0.6 1.9 1.4 r 1.2 r -1.2 r 0.7 r
2018 IV 0.7 r 0.9 0.2 r 1.4 r -0.8 r 0.7 r
III 1.3 r 2.8 1.5 r 0.9 -1.7 -0.4 r
II 0.3 r 1.8 1.5 r 0.7 r -1.9 r 0.4 r
I -0.1 2.2 2.3 1.8 r -0.4 r 1.9 r
2017 ANNUAL 0.2 1.9 1.7 2.3 r 0.1 r 2.1 r
2017 IV 0.2 r 2.7 2.5 r 1.9 r -0.2 r 1.7 r
III 0.1 1.9 1.7 r 2.5 r 0.5 r 2.4 r
II 0.9 r 2.4 1.5 2.1 r 0.1 r 1.2 r
I -0.4 0.9 1.3 r 2.6 r 0.0 r 3.0 r
---------------------------------------------------------------------------------------------------
Indexes 2012=100
2019 II 101.8 107.5 105.6 114.6 102.9 112.6
I 102.5 r 108.1 r 105.5 r 113.6 r 102.8 r 110.9 r
2018 ANNUAL 101.6 r 108.2 r 106.5 r 110.8 r 101.1 r 109.0 r
2018 IV 101.9 r 108.4 r 106.4 r 111.6 r 101.2 r 109.6 r
III 101.6 r 108.8 107.1 r 110.6 r 100.7 r 108.9 r
II 101.9 r 108.2 106.2 r 109.7 r 100.3 r 107.6 r
I 101.1 r 107.4 106.2 r 111.2 r 102.3 r 110.0 r
2017 ANNUAL 101.1 r 106.2 105.0 r 109.5 r 102.3 r 108.3 r
2017 IV 101.2 r 107.4 106.2 r 110.1 r 102.0 r 108.8 r
III 100.3 r 105.8 105.5 r 109.7 r 102.4 r 109.3 r
II 101.5 r 106.3 104.6 r 108.9 r 102.2 r 107.2 r
I 101.3 r 105.1 103.8 r 109.2 r 102.7 r 107.9 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
Table 6. Nonfinancial corporate sector: Labor productivity, hourly compensation, unit labor costs,
unit profits, and prices, seasonally adjusted.
Real
Hourly hourly Unit Total Implicit
Year Labor compen- compen- Unit nonlabor unit Unit price
and produc- Hours sation sation labor costs costs profits deflator
quarter tivity Output worked (1) (2) costs (6) (7) (8) (4)
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate (5)
2019 I 1.5 r 3.5 r 2.0 8.9 r 7.9 r 7.2 r 1.2 r 5.3 r -33.6 r -0.1 r
2018 ANNUAL -0.2 r 1.9 r 2.1 3.2 r 0.8 r 3.4 r 3.0 r 3.3 r -1.1 r 2.8 r
2018 IV 1.4 2.4 r 1.1 r 0.4 r -1.1 r -1.0 3.5 r 0.5 0.0 r 0.4 r
III 4.6 r 6.3 r 1.7 r 1.4 r -0.6 r -3.0 r -2.5 r -2.9 r 12.7 r -1.2 r
II -3.1 r -0.4 r 2.8 -0.6 r -2.7 r 2.5 r 5.3 r 3.4 r 4.8 r 3.6 r
I 1.4 r 3.3 r 1.9 r 9.7 r 6.3 r 8.2 r 1.6 r 6.0 r 0.2 r 5.3 r
2017 ANNUAL 0.3 r 2.0 r 1.7 3.3 r 1.1 r 3.0 r 2.2 r 2.7 r -2.9 r 2.0 r
2017 IV -0.9 r 1.7 r 2.7 2.6 r -0.5 r 3.6 r 4.3 r 3.8 r -7.6 r 2.4 r
III -3.5 r -2.3 r 1.3 r 2.3 r 0.2 r 6.0 r 6.6 r 6.2 r -16.0 r 3.2 r
II 0.6 r 3.4 r 2.8 r 0.5 r 0.1 r -0.1 r 1.5 r 0.4 r 3.2 r 0.7 r
I 4.8 r 6.7 r 1.8 7.8 r 4.8 r 2.8 r -3.7 r 0.6 r 16.4 r 2.5 r
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2019 I 1.1 r 2.9 r 1.9 2.4 r 0.8 r 1.4 r 1.8 r 1.5 r -5.9 r 0.7 r
2018 ANNUAL -0.2 r 1.9 r 2.1 3.2 r 0.8 r 3.4 r 3.0 r 3.3 r -1.1 r 2.8 r
2018 IV 1.0 r 2.9 r 1.9 r 2.6 r 0.4 r 1.6 r 1.9 r 1.7 r 4.3 r 2.0 r
III 0.5 r 2.7 r 2.3 r 3.2 r 0.6 r 2.7 r 2.1 r 2.5 r 2.2 r 2.5 r
II -1.5 r 0.6 r 2.2 3.4 r 0.8 r 5.1 r 4.4 r 4.9 r -5.0 r 3.6 r
I -0.6 r 1.5 r 2.2 3.7 r 1.5 r 4.4 r 3.5 r 4.1 r -5.4 r 2.9 r
2017 ANNUAL 0.3 r 2.0 r 1.7 3.3 r 1.1 r 3.0 r 2.2 r 2.7 r -2.9 r 2.0 r
2017 IV 0.2 r 2.3 r 2.1 3.3 r 1.1 r 3.1 r 2.1 r 2.7 r -1.8 r 2.2 r
III 0.3 r 2.0 r 1.6 3.4 r 1.4 r 3.1 r 2.5 r 2.9 r -4.0 r 2.0 r
II 1.2 r 3.0 r 1.7 3.1 r 1.2 1.9 r 1.1 r 1.6 r 0.6 r 1.5 r
I -0.7 r 0.6 r 1.3 3.2 r 0.6 r 3.9 r 3.0 r 3.6 r -6.2 r 2.3 r
---------------------------------------------------------------------------------------------------------
Indexes 2012=100
2019 I 102.0 r 116.4 r 114.1 r 118.2 r 107.0 r 115.9 r 111.0 r 114.3 r 82.0 r 109.7 r
2018 ANNUAL 101.0 r 114.0 r 112.9 r 115.5 r 105.4 r 114.3 r 110.0 r 112.9 r 89.3 r 109.5 r
2018 IV 101.6 r 115.4 r 113.5 r 115.7 r 104.9 r 113.9 r 110.7 r 112.8 r 90.9 r 109.7 r
III 101.3 r 114.7 r 113.2 r 115.6 r 105.2 r 114.2 r 109.7 r 112.7 r 90.9 r 109.6 r
II 100.2 r 112.9 r 112.8 r 115.2 r 105.4 r 115.0 r 110.4 r 113.5 r 88.2 r 109.9 r
I 101.0 r 113.0 r 112.0 r 115.4 r 106.1 r 114.3 r 109.0 r 112.6 r 87.2 r 108.9 r
2017 ANNUAL 101.2 r 111.9 r 110.5 r 111.9 r 104.6 r 110.6 r 106.8 r 109.3 r 90.3 r 106.6 r
2017 IV 100.6 r 112.1 r 111.5 r 112.8 r 104.5 r 112.1 r 108.6 r 110.9 r 87.2 r 107.5 r
III 100.8 r 111.6 r 110.7 r 112.0 r 104.6 r 111.1 r 107.5 r 109.9 r 88.9 r 106.9 r
II 101.7 r 112.3 r 110.4 r 111.4 r 104.6 r 109.5 r 105.7 r 108.2 r 92.9 r 106.0 r
I 101.6 r 111.3 r 109.6 r 111.3 r 104.6 r 109.5 r 105.4 r 108.1 r 92.1 r 105.9 r
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
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. Hours and compensation 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 first
quarter of 2019.
Table Footnotes
(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 1978-2018 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 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 labor productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted.
Real
Hourly hourly Unit Implicit
Year Labor compen- compen- Unit nonlabor price
and produc- Hours sation sation labor payments deflator
quarter tivity Output worked (1) (2) costs (3) (4)
----------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2016 ANNUAL 0.3 r 1.8 r 1.5 1.1 -0.2 0.8 r 0.8 r 0.8 r
2016 IV 2.4 r 2.5 r 0.2 5.2 r 2.5 r 2.8 r 0.2 r 1.6 r
III 1.8 r 2.6 r 0.8 r 2.3 r 0.4 r 0.6 r 2.2 r 1.3
II 0.4 r 2.1 r 1.7 r 0.8 r -2.0 r 0.4 r 6.5 r 3.0 r
I 1.0 r 2.3 r 1.3 r 0.3 r 0.4 -0.7 r -1.2 r -0.9 r
2015 ANNUAL 1.2 3.5 2.3 2.9 r 2.7 1.6 r -0.8 r 0.6
2015 IV -3.6 r -0.3 r 3.4 -1.0 -1.0 r 2.7 r -4.5 r -0.5 r
III 1.4 r 1.3 r -0.1 1.9 r 0.2 r 0.5 r 2.2 r 1.2 r
II 2.0 r 3.6 r 1.6 r 3.4 r 0.6 r 1.4 3.1 2.1 r
I 2.7 3.9 r 1.2 r 4.9 7.6 2.2 -5.0 r -1.1 r
2014 ANNUAL 0.7 3.1 r 2.4 2.6 0.9 1.9 1.3 1.6 r
2014 IV -2.0 r 2.8 r 4.9 r 4.0 r 5.0 r 6.1 r -7.2 r 0.0 r
III 3.1 6.4 3.2 r 1.8 r 0.7 r -1.3 r 4.7 r 1.3 r
II 3.8 r 7.0 r 3.1 -2.1 r -4.2 r -5.7 r 13.7 r 2.4 r
I -3.5 r -2.0 r 1.6 8.4 r 5.7 r 12.4 r -10.7 r 1.6 r
----------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2016 ANNUAL 0.3 r 1.8 r 1.5 1.1 -0.2 0.8 r 0.8 r 0.8 r
2016 IV 1.4 r 2.4 r 1.0 2.2 r 0.3 0.8 r 1.9 r 1.2 r
III -0.1 r 1.7 r 1.8 0.6 r -0.5 r 0.7 r 0.7 r 0.7 r
II -0.2 r 1.3 1.5 r 0.5 r -0.6 r 0.7 0.7 r 0.7 r
I 0.2 r 1.7 r 1.5 1.1 r 0.1 r 1.0 r -0.2 0.5 r
2015 ANNUAL 1.2 3.5 2.3 2.9 r 2.7 1.6 r -0.8 r 0.6
2015 IV 0.6 r 2.1 r 1.5 r 2.3 r 1.8 r 1.7 r -1.1 r 0.4
III 1.0 r 2.9 r 1.9 3.5 r 3.3 r 2.5 r -1.9 r 0.6
II 1.4 r 4.2 2.7 3.5 3.4 2.1 r -1.3 r 0.6
I 1.9 r 5.0 r 3.1 2.1 r 2.2 r 0.2 r 1.2 r 0.6 r
2014 ANNUAL 0.7 3.1 r 2.4 2.6 0.9 1.9 1.3 1.6 r
2014 IV 0.3 r 3.5 r 3.2 r 3.0 r 1.7 r 2.7 -0.4 r 1.3 r
III 1.5 r 3.9 r 2.4 r 2.6 r 0.8 r 1.1 2.7 r 1.8 r
II 1.1 r 3.3 2.2 1.8 -0.3 0.7 r 3.5 r 1.9
I 0.0 r 1.7 r 1.7 3.1 r 1.6 r 3.1 r -0.5 r 1.5 r
----------------------------------------------------------------------------------------------------
Indexes 2012=100
2016 ANNUAL 103.2 r 111.3 r 107.9 r 108.3 r 103.4 r 105.0 r 103.9 r 104.5 r
2016 IV 103.9 r 112.3 r 108.1 r 109.7 r 103.8 r 105.6 r 104.7 r 105.2 r
III 103.3 r 111.6 r 108.1 r 108.3 r 103.2 r 104.9 r 104.6 r 104.8 r
II 102.8 r 110.9 r 107.9 r 107.7 r 103.1 r 104.7 r 104.0 r 104.4 r
I 102.7 r 110.3 r 107.4 r 107.5 r 103.6 r 104.6 r 102.4 r 103.7 r
2015 ANNUAL 102.9 r 109.4 r 106.3 r 107.1 r 103.6 r 104.1 r 103.2 r 103.7 r
2015 IV 102.5 r 109.7 r 107.1 r 107.4 r 103.5 r 104.8 r 102.7 r 103.9 r
III 103.4 r 109.8 r 106.2 r 107.7 r 103.8 r 104.1 r 103.9 r 104.0 r
II 103.1 r 109.5 r 106.2 r 107.2 r 103.7 r 104.0 r 103.4 r 103.7 r
I 102.6 r 108.5 r 105.8 r 106.3 r 103.5 r 103.6 r 102.6 r 103.2 r
2014 ANNUAL 101.6 r 105.6 r 103.9 r 104.1 r 100.9 r 102.5 r 104.0 r 103.1 r
2014 IV 101.9 r 107.5 r 105.5 r 105.0 r 101.7 r 103.1 r 103.9 r 103.4 r
III 102.4 r 106.7 r 104.2 r 104.0 r 100.4 r 101.6 r 105.9 r 103.5 r
II 101.6 r 105.1 r 103.4 r 103.5 r 100.3 r 101.9 r 104.7 r 103.1 r
I 100.7 r 103.3 r 102.6 r 104.1 r 101.3 r 103.4 r 101.4 r 102.5 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
Appendix table 2.
Nonfarm business sector: Revised labor productivity, hourly compensation, unit labor costs, and
prices, seasonally adjusted.
Real
Hourly hourly Unit Implicit
Year Labor compen- compen- Unit nonlabor price
and produc- Hours sation sation labor payments deflator
quarter tivity Output worked (1) (2) costs (3) (4)
----------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2016 ANNUAL 0.3 r 1.7 r 1.4 1.1 -0.2 0.8 r 1.2 1.0 r
2016 IV 1.8 r 2.7 r 0.9 4.4 r 1.7 r 2.5 r 0.7 r 1.7 r
III 1.4 r 2.4 r 1.0 2.0 r 0.1 r 0.6 r 2.7 r 1.5
II 0.6 r 2.0 r 1.4 r 1.2 r -1.6 r 0.6 r 6.4 r 3.1 r
I 1.2 r 2.3 r 1.1 0.4 r 0.5 r -0.8 r 0.0 r -0.5 r
2015 ANNUAL 1.3 3.5 2.1 r 3.1 2.9 1.7 r -0.4 r 0.8
2015 IV -3.5 r -0.4 r 3.2 -0.8 r -0.9 2.8 r -4.2 r -0.3 r
III 1.3 r 1.2 r -0.1 r 1.8 r 0.2 r 0.5 r 2.0 r 1.2
II 1.7 r 3.7 r 2.0 r 3.1 r 0.3 r 1.4 3.0 r 2.1
I 2.9 r 3.8 r 0.8 r 5.3 8.0 2.3 -3.6 r -0.3 r
2014 ANNUAL 0.9 r 3.2 r 2.3 2.8 1.1 1.9 r 1.6 1.8
2014 IV -1.7 r 2.7 r 4.6 r 4.4 r 5.4 r 6.3 r -7.3 r 0.0 r
III 3.7 6.5 r 2.7 r 2.5 r 1.4 r -1.2 r 5.8 r 1.9 r
II 4.0 r 7.0 r 2.9 r -1.9 r -4.0 r -5.7 r 13.0 r 2.0 r
I -3.8 r -1.9 r 2.0 r 8.1 r 5.3 r 12.4 r -11.0 r 1.5 r
----------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2016 ANNUAL 0.3 r 1.7 r 1.4 1.1 -0.2 0.8 r 1.2 1.0 r
2016 IV 1.2 r 2.4 r 1.1 2.0 0.2 r 0.7 r 2.4 r 1.4 r
III -0.1 1.6 1.7 0.7 r -0.5 r 0.8 r 1.1 r 0.9 r
II -0.1 r 1.3 r 1.4 r 0.6 r -0.5 r 0.8 1.0 r 0.9 r
I 0.1 1.7 r 1.6 r 1.1 r 0.0 r 1.0 r 0.2 r 0.6 r
2015 ANNUAL 1.3 3.5 2.1 r 3.1 2.9 1.7 r -0.4 r 0.8
2015 IV 0.5 r 2.0 r 1.5 2.3 r 1.8 r 1.8 -0.8 r 0.7
III 1.0 r 2.8 r 1.8 3.6 r 3.4 r 2.6 r -1.6 r 0.8
II 1.6 4.2 2.5 3.8 3.7 2.2 r -0.7 r 0.9 r
I 2.2 r 5.0 r 2.7 r 2.5 r 2.6 r 0.3 r 1.7 r 0.9 r
2014 ANNUAL 0.9 r 3.2 r 2.3 2.8 1.1 1.9 r 1.6 1.8
2014 IV 0.5 r 3.5 r 3.0 3.2 r 2.0 r 2.7 -0.3 r 1.4 r
III 1.7 r 4.0 r 2.3 r 2.8 r 1.0 r 1.1 3.1 r 2.0 r
II 1.3 r 3.4 r 2.1 2.0 r -0.2 0.7 3.8 2.0
I -0.1 r 1.7 1.7 3.2 r 1.7 r 3.3 r 0.0 r 1.8 r
----------------------------------------------------------------------------------------------------
Indexes 2012=100
2016 ANNUAL 103.0 r 111.0 r 107.8 r 108.5 r 103.6 r 105.4 r 104.8 r 105.1 r
2016 IV 103.6 r 112.0 r 108.2 r 109.7 r 103.9 r 106.0 r 105.7 r 105.9 r
III 103.1 r 111.3 r 107.9 r 108.6 r 103.4 r 105.3 r 105.5 r 105.4 r
II 102.7 r 110.6 r 107.7 r 108.0 r 103.4 r 105.2 r 104.9 r 105.0 r
I 102.6 r 110.1 r 107.3 r 107.7 r 103.8 r 105.0 r 103.2 r 104.2 r
2015 ANNUAL 102.7 r 109.1 r 106.2 r 107.3 r 103.8 r 104.5 r 103.6 r 104.1 r
2015 IV 102.3 r 109.4 r 107.0 r 107.6 r 103.7 r 105.2 r 103.2 r 104.4 r
III 103.2 r 109.6 r 106.1 r 107.8 r 103.9 r 104.5 r 104.4 r 104.4 r
II 102.9 r 109.2 r 106.2 r 107.4 r 103.9 r 104.3 r 103.8 r 104.1 r
I 102.5 r 108.3 r 105.6 r 106.5 r 103.8 r 104.0 r 103.1 r 103.6 r
2014 ANNUAL 101.4 r 105.4 r 104.0 r 104.1 r 100.9 r 102.7 r 104.0 r 103.3 r
2014 IV 101.7 r 107.3 r 105.4 r 105.2 r 101.8 r 103.4 r 104.0 r 103.7 r
III 102.2 r 106.5 r 104.3 r 104.0 r 100.5 r 101.8 r 106.0 r 103.6 r
II 101.2 r 104.9 r 103.6 r 103.4 r 100.1 r 102.1 r 104.5 r 103.2 r
I 100.3 r 103.1 r 102.8 r 103.9 r 101.2 r 103.6 r 101.4 r 102.7 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
Appendix table 3.
Manufacturing sector: Revised labor productivity, hourly compensation, and unit labor costs,
seasonally adjusted.
Real
Year Labor Hourly hourly Unit
and produc- Hours compensa- compensa- labor
quarter tivity Output worked tion (1) tion (2) costs
----------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2016 ANNUAL -0.1 -0.1 0.0 0.5 r -0.7 0.6 r
2016 IV 2.7 r 2.8 0.1 r 5.1 r 2.4 r 2.3 r
III 1.0 r 1.8 0.8 r 1.9 r 0.0 r 0.9 r
II -1.4 -1.5 -0.1 r 1.0 r -1.8 r 2.5 r
I 1.9 r 0.9 -1.0 r -1.8 r -1.6 r -3.6 r
2015 ANNUAL -1.5 r -0.6 1.0 2.5 2.3 4.1
2015 IV -3.9 r -2.0 2.0 -1.8 -1.9 r 2.2 r
III 2.1 r 0.5 -1.6 r 4.0 r 2.3 r 1.9 r
II -1.4 r -1.3 0.1 1.6 r -1.1 r 3.1 r
I -1.8 r -3.2 -1.4 r 4.2 r 6.9 r 6.2 r
2014 ANNUAL -0.3 r 1.3 1.6 2.7 r 1.0 r 3.0
2014 IV -4.0 0.6 4.8 r 3.6 r 4.6 r 7.9 r
III -0.8 r 1.6 2.4 r 1.8 0.7 2.6 r
II 0.8 4.2 3.4 r -2.0 r -4.1 r -2.7 r
I 0.5 -1.2 -1.6 r 9.8 r 7.0 r 9.3 r
----------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2016 ANNUAL -0.1 -0.1 0.0 0.5 r -0.7 0.6 r
2016 IV 1.0 1.0 0.0 1.5 -0.3 0.5 r
III -0.7 -0.2 0.4 r -0.2 -1.3 r 0.5
II -0.4 r -0.6 -0.2 0.3 r -0.8 r 0.7 r
I -0.4 -0.5 -0.1 0.5 r -0.6 r 0.9 r
2015 ANNUAL -1.5 r -0.6 1.0 2.5 2.3 4.1
2015 IV -1.3 r -1.5 -0.2 r 2.0 r 1.5 r 3.3 r
III -1.3 r -0.9 0.4 r 3.4 3.1 r 4.7 r
II -2.0 -0.6 1.4 2.8 2.7 4.9
I -1.5 0.7 2.3 r 1.9 r 1.9 r 3.4 r
2014 ANNUAL -0.3 r 1.3 1.6 2.7 r 1.0 r 3.0
2014 IV -0.9 r 1.3 2.2 r 3.2 2.0 r 4.2 r
III -0.3 r 1.7 2.0 r 2.3 0.4 r 2.5
II -0.3 1.5 1.8 2.0 -0.1 2.3 r
I 0.4 0.8 0.4 r 3.5 r 2.0 r 3.0 r
----------------------------------------------------------------------------------------------------
Indexes 2012=100
2016 ANNUAL 99.5 r 102.9 103.4 r 106.5 r 101.7 r 107.0 r
2016 IV 100.1 r 103.6 103.5 r 107.8 r 102.0 r 107.7 r
III 99.4 r 102.9 103.5 r 106.5 r 101.4 r 107.1 r
II 99.2 r 102.4 103.3 r 106.0 r 101.4 r 106.8 r
I 99.5 r 102.8 103.3 r 105.7 r 101.9 r 106.2 r
2015 ANNUAL 99.6 r 103.0 103.4 r 105.9 r 102.4 r 106.3 r
2015 IV 99.1 r 102.6 103.6 r 106.2 r 102.3 r 107.2 r
III 100.1 r 103.1 103.0 r 106.6 r 102.8 r 106.6 r
II 99.5 r 103.0 103.5 r 105.6 r 102.2 r 106.1 r
I 99.9 r 103.3 103.4 r 105.2 r 102.5 r 105.3 r
2014 ANNUAL 101.2 r 103.6 102.4 r 103.3 r 100.1 r 102.1 r
2014 IV 100.4 r 104.2 103.8 r 104.1 r 100.8 r 103.7 r
III 101.4 r 104.0 102.6 r 103.2 r 99.7 r 101.8 r
II 101.6 r 103.6 102.0 r 102.7 r 99.5 r 101.1 r
I 101.4 r 102.6 101.1 r 103.3 r 100.5 r 101.8 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
Appendix table 4.
Durable manufacturing sector: Revised labor productivity, hourly compensation, and unit labor
costs, seasonally adjusted.
Real
Year Labor Hourly hourly Unit
and produc- Hours compensa- compensa- labor
quarter tivity Output worked tion (1) tion (2) costs
----------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2016 ANNUAL -1.1 -1.6 -0.4 0.9 r -0.4 r 2.0 r
2016 IV 2.2 r 2.5 0.3 r 5.7 r 3.0 r 3.4 r
III 2.9 r 2.9 0.0 r 2.4 r 0.5 r -0.5 r
II -0.6 -2.1 -1.5 r 1.3 r -1.5 r 2.0 r
I -1.3 -1.9 -0.5 r -1.1 r -1.0 r 0.2 r
2015 ANNUAL -1.3 -0.7 0.6 3.1 2.9 4.4
2015 IV -7.0 -5.5 1.6 -1.9 r -1.9 r 5.5 r
III 1.9 r -0.2 -2.1 r 4.0 r 2.3 r 2.0 r
II -0.9 r -1.6 -0.6 r 2.3 r -0.5 r 3.2
I -1.9 r -3.9 -2.0 r 5.3 r 8.0 r 7.4 r
2014 ANNUAL 0.4 2.6 2.2 2.3 0.6 1.9
2014 IV -1.7 r 1.0 2.7 r 5.3 r 6.3 r 7.1 r
III -0.9 r 3.3 4.2 r 1.4 r 0.3 r 2.3 r
II 0.6 r 6.0 5.4 r -2.9 r -5.0 r -3.5 r
I 1.2 -0.3 -1.5 9.9 r 7.1 r 8.6 r
----------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2016 ANNUAL -1.1 -1.6 -0.4 0.9 r -0.4 r 2.0 r
2016 IV 0.8 r 0.3 -0.5 r 2.0 r 0.2 r 1.3 r
III -1.6 r -1.7 -0.1 r 0.2 -1.0 r 1.8 r
II -1.8 r -2.5 -0.7 0.6 r -0.6 r 2.4 r
I -1.9 -2.3 -0.4 0.8 r -0.3 r 2.7
2015 ANNUAL -1.3 -0.7 0.6 3.1 2.9 4.4
2015 IV -2.0 r -2.8 -0.8 r 2.4 r 1.9 r 4.5 r
III -0.7 -1.2 -0.5 4.2 r 4.0 r 4.9 r
II -1.4 -0.3 1.1 3.5 r 3.5 r 5.0 r
I -1.0 r 1.5 2.5 2.2 2.3 3.2
2014 ANNUAL 0.4 2.6 2.2 2.3 0.6 1.9
2014 IV -0.2 r 2.5 2.7 r 3.3 r 2.1 r 3.5 r
III 0.2 r 3.3 3.0 1.4 r -0.4 r 1.2 r
II 0.4 r 2.8 2.4 r 1.4 r -0.7 r 1.0 r
I 1.1 1.7 0.6 r 2.9 1.4 1.7 r
----------------------------------------------------------------------------------------------------
Indexes 2012=100
2016 ANNUAL 99.3 r 102.7 103.5 r 106.2 r 101.4 r 106.9 r
2016 IV 100.0 r 103.4 103.4 r 107.7 r 101.9 r 107.7 r
III 99.5 r 102.8 103.4 r 106.2 r 101.2 r 106.8 r
II 98.8 r 102.1 103.4 r 105.6 r 101.0 r 106.9 r
I 98.9 r 102.6 103.8 r 105.2 r 101.4 r 106.4 r
2015 ANNUAL 100.4 r 104.4 103.9 r 105.2 r 101.8 r 104.8 r
2015 IV 99.2 r 103.1 103.9 r 105.5 r 101.7 r 106.3 r
III 101.1 r 104.6 103.5 r 106.0 r 102.2 r 104.9 r
II 100.6 r 104.6 104.0 r 105.0 r 101.6 r 104.4 r
I 100.8 r 105.1 104.2 r 104.4 r 101.7 r 103.6 r
2014 ANNUAL 101.7 r 105.1 103.3 r 102.1 r 98.9 100.4 r
2014 IV 101.3 r 106.1 104.7 r 103.1 r 99.8 r 101.7 r
III 101.7 r 105.8 104.0 r 101.8 r 98.3 r 100.0 r
II 102.0 r 105.0 103.0 r 101.4 r 98.2 r 99.4 r
I 101.8 r 103.5 101.6 r 102.1 r 99.5 r 100.3 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
Appendix table 5.
Nondurable manufacturing sector: Revised labor productivity, hourly compensation, and unit labor
costs, seasonally adjusted.
Real
Year Labor Hourly hourly Unit
and produc- Hours compensa- compensa- labor
quarter tivity Output worked tion (1) tion (2) costs
----------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2016 ANNUAL 0.4 1.2 0.8 0.0 -1.3 -0.4
2016 IV 3.1 r 2.8 -0.2 r 3.8 r 1.1 r 0.7 r
III -2.1 r 0.2 2.3 r 1.2 r -0.7 r 3.3 r
II -3.9 r -1.6 2.4 r 0.7 -2.1 4.7 r
I 4.9 r 3.1 -1.7 r -3.0 r -2.9 r -7.6 r
2015 ANNUAL -1.2 0.5 1.7 r 1.5 1.3 2.7
2015 IV -0.9 r 1.7 2.7 r -1.7 r -1.7 r -0.7 r
III 2.2 r 1.5 -0.7 r 4.2 r 2.5 r 2.0 r
II -1.6 r -0.3 1.4 r 0.6 r -2.1 r 2.3 r
I -0.6 r -1.0 -0.3 r 2.3 r 4.9 r 3.0 r
2014 ANNUAL -0.1 r 0.5 0.6 r 3.5 r 1.8 r 3.6
2014 IV -6.5 r 1.3 8.4 r 0.8 r 1.7 r 7.8 r
III 1.3 0.6 -0.7 2.2 r 1.1 r 0.8 r
II 2.9 r 3.0 0.1 r -0.7 r -2.8 r -3.5 r
I 0.4 -1.4 -1.8 9.7 r 6.9 r 9.2 r
----------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2016 ANNUAL 0.4 1.2 0.8 0.0 -1.3 -0.4
2016 IV 0.5 r 1.1 0.7 0.6 r -1.2 r 0.2 r
III -0.5 0.9 1.4 r -0.7 r -1.9 r -0.2 r
II 0.5 1.2 0.6 0.0 -1.1 -0.5
I 1.1 r 1.5 0.4 r 0.0 r -1.1 r -1.1 r
2015 ANNUAL -1.2 0.5 1.7 r 1.5 1.3 2.7
2015 IV -0.3 r 0.5 0.7 r 1.3 0.9 r 1.6 r
III -1.7 r 0.4 2.1 r 1.9 r 1.7 r 3.7 r
II -1.9 0.2 2.1 1.5 r 1.4 r 3.4 r
I -0.8 r 1.0 1.8 1.1 r 1.2 r 2.0 r
2014 ANNUAL -0.1 r 0.5 0.6 r 3.5 r 1.8 r 3.6
2014 IV -0.5 0.9 1.4 2.9 r 1.7 r 3.5 r
III 0.6 r 0.7 0.1 r 3.7 r 1.9 r 3.1 r
II -0.3 r 0.5 0.7 r 3.0 0.8 3.3 r
I 0.0 0.1 0.1 4.6 r 3.0 r 4.6 r
----------------------------------------------------------------------------------------------------
Indexes 2012=100
2016 ANNUAL 100.9 r 104.1 103.2 r 107.0 r 102.2 r 106.1 r
2016 IV 100.9 r 104.6 103.7 r 108.0 r 102.2 r 107.0 r
III 100.2 r 103.9 103.7 r 107.0 r 101.9 r 106.8 r
II 100.7 r 103.8 103.1 r 106.7 r 102.1 r 105.9 r
I 101.7 r 104.2 102.5 r 106.5 r 102.7 r 104.7 r
2015 ANNUAL 100.5 r 102.9 102.4 r 107.1 r 103.6 r 106.6 r
2015 IV 100.5 r 103.4 102.9 r 107.3 r 103.4 r 106.8 r
III 100.7 r 103.0 102.3 r 107.8 r 103.9 r 107.0 r
II 100.2 r 102.6 102.5 r 106.7 r 103.2 r 106.5 r
I 100.6 r 102.7 102.1 r 106.5 r 103.8 r 105.9 r
2014 ANNUAL 101.7 r 102.4 100.7 r 105.5 r 102.2 r 103.8 r
2014 IV 100.7 r 102.9 102.2 r 105.9 r 102.5 r 105.1 r
III 102.5 r 102.6 100.1 r 105.7 r 102.1 r 103.2 r
II 102.1 r 102.4 100.3 r 105.1 r 101.8 r 103.0 r
I 101.4 101.7 100.3 105.3 r 102.5 r 103.9 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
Appendix table 6.
Nonfinancial corporate sector: Revised labor productivity, hourly compensation, unit labor costs,
unit profits, and prices, seasonally adjusted.
Real
Hourly hourly Unit Total Implicit
Year Labor compen- compen- Unit nonlabor unit Unit price
and produc- Hours sation sation labor costs costs profits deflator
quarter tivity Output worked (1) (2) costs (6) (7) (8) (4)
----------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2016 ANNUAL -1.1 r 0.3 r 1.4 r 1.1 -0.2 2.3 r 1.1 r 1.9 r -6.3 r 0.8 r
2016 IV -0.4 r 0.2 r 0.6 3.2 r 0.6 r 3.7 r 5.8 r 4.3 r -15.8 r 1.6 r
III 0.0 r 1.7 r 1.7 r 1.3 r -0.6 r 1.2 r 1.0 r 1.2 r 1.3 r 1.2 r
II -6.9 r -5.9 r 1.1 r 0.7 r -2.1 r 8.2 r 9.2 r 8.5 r -22.1 r 3.9 r
I 3.7 r 4.0 r 0.3 r 2.4 r 2.5 r -1.3 r -14.9 r -6.0 r 28.2 r -2.1 r
2015 ANNUAL 1.2 3.4 2.2 3.0 2.8 r 1.8 0.9 r 1.5 r -4.7 r 0.6
2015 IV -3.7 r -0.3 r 3.5 -1.3 -1.3 2.5 r 16.5 r 6.9 r -34.9 r 0.1 r
III 1.3 r 3.1 r 1.7 r 1.0 r -0.7 r -0.4 r -0.7 r -0.5 r 12.9 1.3 r
II -1.9 r -0.9 r 1.0 r 2.4 r -0.4 r 4.4 r 4.5 r 4.4 r -9.5 r 2.4 r
I 3.9 r 4.8 r 0.8 r 9.0 r 11.8 r 4.9 r -1.6 r 2.7 r -23.9 r -1.7 r
2014 ANNUAL 0.4 3.2 r 2.7 2.6 r 0.9 r 2.2 1.2 1.8 r 0.9 r 1.7
2014 IV 1.0 r 4.7 r 3.6 r 2.0 r 3.0 r 1.0 r -0.7 r 0.4 r -1.9 r 0.1 r
III 3.7 r 7.1 r 3.2 r 0.7 r -0.3 r -2.9 r -2.4 r -2.7 r 28.9 r 1.4 r
II -0.3 r 4.5 r 4.9 r -2.7 r -4.8 r -2.4 r 0.1 r -1.6 r 47.0 r 4.0 r
I 1.6 r 3.2 r 1.5 11.5 r 8.7 r 9.8 r 0.9 r 6.7 r -27.3 r 1.3 r
----------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2016 ANNUAL -1.1 r 0.3 r 1.4 r 1.1 -0.2 2.3 r 1.1 r 1.9 r -6.3 r 0.8 r
2016 IV -1.0 r -0.1 r 0.9 1.9 0.1 r 2.9 r -0.2 r 1.9 r -3.9 r 1.1 r
III -1.8 r -0.2 r 1.6 0.8 r -0.4 r 2.6 r 2.2 r 2.5 r -9.9 r 0.7 r
II -1.5 r 0.1 r 1.6 r 0.7 r -0.4 r 2.2 r 1.8 r 2.1 r -7.5 r 0.8 r
I -0.2 r 1.4 r 1.6 1.1 r 0.0 r 1.3 r 0.7 r 1.1 r -3.9 r 0.4 r
2015 ANNUAL 1.2 3.4 2.2 3.0 2.8 r 1.8 0.9 r 1.5 r -4.7 r 0.6
2015 IV -0.1 1.6 r 1.8 2.7 r 2.2 r 2.8 r 4.4 r 3.4 r -15.7 r 0.5
III 1.1 2.9 r 1.8 3.6 r 3.3 r 2.5 r 0.3 r 1.8 r -6.5 r 0.5
II 1.7 3.9 r 2.1 3.5 r 3.4 r 1.8 r -0.1 r 1.2 r -3.4 r 0.5 r
I 2.1 5.3 3.1 r 2.2 r 2.2 r 0.1 r -1.2 r -0.3 r 9.1 r 0.9 r
2014 ANNUAL 0.4 3.2 r 2.7 2.6 r 0.9 r 2.2 1.2 1.8 r 0.9 r 1.7
2014 IV 1.5 r 4.8 r 3.3 r 2.8 r 1.5 r 1.2 r -0.5 r 0.6 r 7.9 r 1.7 r
III 1.1 r 4.1 r 2.9 2.6 r 0.8 r 1.5 r 0.8 r 1.3 r 7.8 2.2 r
II -0.7 r 2.0 2.8 2.0 r -0.2 r 2.7 2.5 2.7 r -1.3 r 2.1 r
I -0.2 r 1.8 r 1.9 r 3.0 r 1.5 r 3.2 r 2.1 2.8 r -10.8 r 0.8 r
----------------------------------------------------------------------------------------------------------
Indexes 2012=100
2016 ANNUAL 100.9 r 109.7 r 108.7 r 108.4 r 103.5 r 107.3 r 104.5 r 106.4 r 93.0 r 104.5 r
2016 IV 100.4 r 109.6 r 109.1 r 109.2 r 103.4 r 108.8 r 106.4 r 108.0 r 88.7 r 105.2 r
III 100.5 r 109.5 r 108.9 r 108.3 r 103.2 r 107.8 r 104.9 r 106.8 r 92.6 r 104.8 r
II 100.5 r 109.0 r 108.5 r 108.0 r 103.4 r 107.5 r 104.6 r 106.5 r 92.3 r 104.5 r
I 102.3 r 110.7 r 108.2 r 107.8 r 103.9 r 105.4 r 102.3 r 104.4 r 98.3 r 103.5 r
2015 ANNUAL 102.1 r 109.3 r 107.1 r 107.2 r 103.7 r 105.0 r 103.4 r 104.4 r 99.3 r 103.7
2015 IV 101.4 r 109.6 r 108.1 r 107.2 r 103.3 r 105.7 r 106.5 r 106.0 r 92.3 r 104.0 r
III 102.4 r 109.7 r 107.2 r 107.5 r 103.6 r 105.1 r 102.6 r 104.2 r 102.8 r 104.0 r
II 102.0 r 108.9 r 106.7 r 107.3 r 103.8 r 105.1 r 102.7 r 104.3 r 99.7 r 103.7 r
I 102.5 r 109.1 r 106.5 r 106.6 r 103.9 r 104.0 r 101.6 r 103.2 r 102.3 r 103.1 r
2014 ANNUAL 100.9 r 105.8 r 104.8 r 104.0 r 100.8 r 103.1 102.5 r 102.9 r 104.2 r 103.1 r
2014 IV 101.5 r 107.9 r 106.3 r 104.3 r 101.0 r 102.8 r 102.0 r 102.5 r 109.5 r 103.5 r
III 101.3 r 106.6 r 105.3 r 103.8 r 100.3 r 102.5 r 102.2 r 102.4 r 110.0 r 103.5 r
II 100.3 r 104.8 r 104.5 r 103.6 r 100.4 r 103.3 r 102.8 r 103.1 r 103.2 r 103.1 r
I 100.4 r 103.7 r 103.3 r 104.4 r 101.6 r 103.9 r 102.8 r 103.5 r 93.7 r 102.1 r
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 15, 2019
r=revised Source: Bureau of Labor Statistics
United States Department of Labor
