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PRODUCTIVITY AND COSTS
Second Quarter 2006, Preliminary
The Bureau of Labor Statistics of the U.S. Department of Labor reported
preliminary productivity data--as measured by output per hour of all persons-
-for the second quarter of 2006. The preliminary seasonally adjusted annual
rates of productivity change in the second quarter were:
1.1 percent in the business sector and
1.1 percent in the nonfarm business sector.
These rates of growth are lower than those in the previous quarter. As
revised, productivity increased 4.5 percent in the business sector and 4.3
percent in the nonfarm business sector in the first quarter of 2006.
In manufacturing, the preliminary productivity changes in the second
quarter were:
3.0 percent in manufacturing,
3.8 percent in durable goods manufacturing, and
2.6 percent in nondurable goods manufacturing.
Manufacturing productivity grew 3.0 percent in the second quarter as output
increased 5.4 percent and hours increased 2.3 percent (seasonally adjusted
annual rates). Output and hours in manufacturing, which includes about 13
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.
Second-quarter measures are summarized in table A and appear in detail in
tables 1 through 5.
==============================================================================
Data in this release reflect the regular multi-year revisions to the national
income and product accounts released by the Bureau of Economic Analysis of
the U.S. Department of Commerce on July 28. The data also incorporate
revised estimates of output in manufacturing and hours in all sectors. See
Revised Measures.
==============================================================================
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.
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Table A. Productivity and costs: Preliminary second-quarter 2006 measures
(Seasonally adjusted annual rates)
------------------------------------------------------------------------------
Real
Hourly hourly Unit
Produc- compen- compen- labor
Sector tivity Output Hours sation sation cost
------------------------------------------------------------------------------
Percent change from preceding quarter
Business 1.1 2.6 1.5 5.1 0.2 4.0
Nonfarm business 1.1 2.5 1.4 5.4 0.4 4.2
Manufacturing 3.0 5.4 2.3 1.7 -3.1 -1.2
Durable 3.8 7.8 3.9 1.6 -3.2 -2.1
Nondurable 2.6 2.2 -0.4 1.6 -3.2 -1.0
Percent change from same quarter a year ago
Business 2.7 4.0 1.3 5.9 1.8 3.1
Nonfarm business 2.4 3.9 1.5 5.7 1.7 3.2
Manufacturing 3.8 5.8 1.9 3.6 -0.4 -0.2
Durable 6.0 8.8 2.6 3.8 -0.2 -2.1
Nondurable 1.1 2.0 0.8 3.1 -0.8 1.9
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Business
From the first quarter to the second quarter of 2006, business sector
output per hour increased at a 1.1-percent annual rate. Output increased 2.6
percent and hours of all persons engaged in the sector rose 1.5 percent
(seasonally adjusted annual rates). As revised, labor productivity grew 4.5
percent in the first quarter of 2006, as output increased 6.7 percent and
hours increased 2.1 percent (tables 1 and B).
Hourly compensation increased 5.1 percent in the second quarter of 2006,
less than the 6.9 percent gain in the first quarter (seasonally adjusted
annual rates). This measure of compensation includes wages and salaries,
supplements, employer contributions to employee benefit plans, and taxes.
Real hourly compensation, which takes into account changes in consumer
prices, edged up 0.2 percent during the second quarter of 2006, after
increasing 4.7 percent during the first quarter.
Unit labor costs, which reflect changes in both hourly compensation and
productivity, increased 4.0 percent during the second quarter of 2006 after
rising 2.3 percent in the previous quarter. The implicit price deflator for
the business sector, which reflects changes in both unit labor costs and unit
nonlabor payments, increased 3.1 percent in the second quarter and 2.7
percent in the first quarter.
Nonfarm Business
Productivity increased 1.1 percent in the nonfarm business sector during
the second quarter of 2006, as output increased 2.5 percent and hours of all
persons rose 1.4 percent (seasonally adjusted annual rates). Output per hour
grew at a 4.3 percent annual rate in the first quarter of 2006, as output
grew 6.7 percent and hours increased 2.3 percent (tables 2 and B).
Hourly compensation in the nonfarm business sector increased 5.4 percent
in the second quarter of 2006, less than the 6.9-percent rise one quarter
earlier. When the rise in consumer prices is taken into account, real hourly
compensation rose 0.4 percent in the second quarter of 2006 after increasing
4.7 percent in the first quarter.
Unit labor costs increased 4.2 percent in the second quarter, and 2.5
percent in the first quarter, of 2006. The implicit price deflator for
nonfarm business output grew 3.4 percent in the second quarter, following a
2.9-percent increase in the previous quarter.
Manufacturing
Productivity increased 3.0 percent in manufacturing, as output grew 5.4
percent and hours of all persons increased 2.3 percent (seasonally adjusted
annual rates). In the first quarter of 2006, productivity rose 3.7 percent,
reflecting a 5.8-percent increase in output and a 2.0-percent rise in hours.
In durable goods manufacturing, productivity rose 3.8 percent in the second
quarter as output grew 7.8 percent and hours of all persons increased 3.9
percent. In nondurable goods industries, second-quarter productivity
increased 2.6 percent as output rose 2.2 percent and hours fell 0.4 percent
(tables 3, 4, and 5).
Hourly compensation of all manufacturing workers rose 1.7 percent during
the second quarter, reflecting similar growth in both manufacturing
subsectors. When the increase in consumer prices is taken into account, the
real hourly compensation of all manufacturing workers fell 3.1 percent in the
second quarter, after increasing 3.0 percent one quarter earlier.
Unit labor costs in manufacturing declined 1.2 percent in the second
quarter of 2006, reflecting decreases of 2.1 percent in durable goods
industries and 1.0 percent in nondurable goods industries.
Revised Measures
Revised and previous measures for the first quarter of 2006 for the
business, nonfarm business, and manufacturing sectors are compared in table
B. In business and nonfarm business, output and productivity were revised
upward from the numbers reported on June 1, while hours movements were
revised down. In the manufacturing sector, productivity, output, and hours
were all revised downward slightly. In all three sectors, hourly
compensation increases were revised up for the first quarter of 2006. Unit
labor costs were revised up in the business and nonfarm business sectors and
also rose in manufacturing rather than falling as reported June 1.
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Table B. Previous and revised productivity and related measures
Quarterly percent changes at seasonally adjusted annual rates
------------------------------------------------------------------------------
Real
Hourly hourly Unit
Produc- compen- compen- labor
Sector tivity Output Hours sation sation costs
------------------------------------------------------------------------------
First quarter 2006
Business:
Previous 3.9 6.4 2.4 5.4 3.3 1.5
Revised 4.5 6.7 2.1 6.9 4.7 2.3
Nonfarm business:
Previous 3.7 6.5 2.7 5.3 3.2 1.6
Revised 4.3 6.7 2.3 6.9 4.7 2.5
Manufacturing:
Previous 3.8 6.0 2.1 1.9 -0.2 -1.9
Revised 3.7 5.8 2.0 5.2 3.0 1.4
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Table C presents previous and revised productivity and related measures
for major sectors for the years 2003, 2004, and 2005. Output data for the
business and nonfarm business sectors and the compensation series for all
sectors incorporate the revised national income and product accounts data
released by the Bureau of Economic Analysis, U.S. Department of Commerce, on
July 28. These revisions affected productivity and costs data beginning with
the first quarter of 2003. Revised quarterly data appear in tables 1 through
5 and appendix tables 1 through 5.
Hours data underlying the major sector measures were also revised, due
to incorporation of information on employment by legal form of organization
from the 2002 Economic Census. The proportion of employment in tax-exempt
establishments is used to estimate the number of employees of non-profit
institutions. Hours worked by these employees are excluded from hours
measures for the business sectors.
Output and productivity growth in the business and nonfarm business
sectors were revised downward in each year from 2003 to 2005. For 2004 and
2005, hourly compensation was revised down more than productivity in these
sectors; increases in unit labor costs were smaller than shown in the June 1
release. In 2003, hourly compensation was not revised and the downward
revisions to productivity led to increases in unit labor costs.
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Table C. Previous and revised productivity and related measures
Annual percent changes
------------------------------------------------------------------------------
Real
Hourly hourly Unit
Produc- compen- compen- labor
Sector tivity Output Hours sation sation cost
------------------------------------------------------------------------------
Annual average 2005
Business:
Previous 2.6 4.0 1.4 5.1 1.7 2.4
Revised 2.3 3.7 1.4 4.4 1.0 2.1
Nonfarm business:
Previous 2.7 4.2 1.4 5.1 1.7 2.3
Revised 2.3 3.8 1.5 4.4 1.0 2.0
Manufacturing:
Previous 5.0 3.9 -1.1 6.8 3.3 1.7
Revised 4.1 3.0 -1.1 4.6 1.2 0.5
Annual average 2004
Business:
Previous 3.5 4.8 1.3 4.7 2.0 1.2
Revised 3.1 4.4 1.3 3.8 1.1 0.7
Nonfarm business:
Previous 3.4 4.8 1.3 4.6 1.8 1.1
Revised 3.0 4.3 1.3 3.6 0.9 0.7
Manufacturing:
Previous 5.5 5.0 -0.5 2.3 -0.4 -3.1
Revised 1.9 1.3 -0.5 2.0 -0.7 0.1
Annual average 2003
Business:
Previous 4.1 3.4 -0.7 4.0 1.7 -0.1
Revised 3.8 3.1 -0.7 4.0 1.7 0.2
Nonfarm business:
Previous 3.9 3.3 -0.6 4.0 1.6 0.0
Revised 3.7 3.1 -0.6 4.0 1.7 0.3
Manufacturing:
Previous 5.6 0.5 -4.9 8.3 5.9 2.5
Revised 6.2 1.0 -4.9 7.0 4.6 0.8
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Output data for the manufacturing sector also were revised. Annual
output indexes are constructed by BLS using data from the Bureau of the
Census and the Bureau of Economic Analysis (BEA), both in the U.S. Department
of Commerce, and BLS surveys. Output measures now incorporate information
from the 2004 Annual Survey of Manufactures. Data for the 1998-2002 period
also incorporate revisions to information from the 2002 Economic Census for
manufacturing. The BLS is now calculating intrasectoral transactions,
subtracted to avoid double-counting, using BEA's 1997 input-output (I-O)
table which was constructed using data collected on the North American
Industry Classifications System (NAICS). Earlier estimates of intrasectoral
transactions were estimated using I-O tables based on the Standard Industrial
Classification (SIC) system. Revisions due to intrasectoral transactions
affect all years of output data. Revised annual data appear in appendix
tables 7 through 9.
In the manufacturing sector, growth in output and productivity were
revised down in both 2004 and 2005. Because hourly compensation was revised
down more than productivity in 2005, the increase in unit labor costs was
also revised downward. In 2004, a large downward revision to productivity
eclipsed the downward revision in hourly compensation, and unit labor costs
edged up 0.1 percent rather than falling 3.1 percent as reported June 1. In
2003, an upward revision in productivity combined with a downward revision in
hourly compensation to yield a much smaller increase in unit labor costs than
previously reported. For the entire 1987 to 2005 period for which
manufacturing data are available, the average annual rate of productivity
growth was unchanged at 3.7 percent per year. The revisions did lead to
changes in recent periods; productivity growth from 1995 to 2000 was revised
up from 4.1 percent per year to 4.7 percent per year, while the average rate
of growth from 2000 to 2005 was revised down from 5.0 percent to 4.1 percent.
Revised Measures: Nonfinancial Corporations
Productivity and cost measures for the first quarter of 2006 for
nonfinancial corporations also were revised to incorporate more recent
information than was available in the June 1 release (table D). Increases in
productivity and output were revised up to 7.2 percent and 9.0 percent,
respectively, and the first quarter increase in employee hours was revised
down to 1.7 percent (seasonally adjusted annual rates). Hourly compensation
was revised up by less than productivity, and unit labor costs were revised
to show a decline of 0.8 percent rather than the 1.3-percent increase
reported June 1. Unit profits in the first quarter were revised up from 13.1
percent to 42.9 percent.
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Table D. Nonfinancial corporations: Previous and revised productivity and
cost measures
Percent changes at seasonally adjusted annual rates
------------------------------------------------------------------------------
Real
Hourly hourly Unit Implicit
Produc- compen- compen- labor Unit price
tivity Output Hours sation sation costs profits deflator
------------------------------------------------------------------------------
First quarter 2006
Previous... 3.7 5.8 2.0 5.0 2.9 1.3 13.1 3.2
Revised.... 7.2 9.0 1.7 6.3 4.1 -0.8 42.9 3.1
Annual average 2005
Previous... 4.9 6.4 1.4 5.3 1.9 0.4 14.8 1.4
Revised.... 3.9 5.4 1.4 4.4 1.0 0.4 11.1 1.9
Annual average 2004
Previous... 4.0 5.5 1.4 4.1 1.3 0.0 18.1 1.6
Revised.... 3.7 5.1 1.3 3.2 0.5 -0.4 26.2 1.6
Annual average 2003
Previous... 4.3 2.8 -1.4 4.0 1.6 -0.3 18.9 1.3
Revised.... 3.6 2.1 -1.5 4.0 1.7 0.4 12.2 1.3
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Historical data for nonfinancial corporations also were revised due to
incorporation of revised data on output and compensation from the national
income and product accounts. In addition, information from the 2002 Economic
Census on employment in corporations led to revisions of hours worked in the
nonfinancial corporate sector.
For the year 2005, output and output per hour were revised down by 1.0
percent. Hourly compensation was revised down by a similar amount, and unit
labor costs rose at the same 0.4 percent rate reported previously. In 2004,
the downward revision to hourly compensation was larger than that to
productivity, and unit labor costs declined, rather than remaining unchanged,
as reported June 1. And in 2003, a downward revision to productivity growth
resulted in unit labor costs rising 0.4 percent, rather than falling.
Revised data for nonfinancial corporations appear in table 6 and appendix
table 6.
Next release date
The next release of Productivity and Costs is scheduled for 8:30 a.m.
EDT, Wednesday, Sept. 6, 2006. Revised second-quarter measures for business,
nonfarm business, and manufacturing will be released at that time, along with
preliminary measures for nonfinancial corporations.
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 em-
ployment 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 an annual-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 also 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 manufac-
turing; 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 an annual-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
2004 I r131.4 r151.7 r115.5 r154.4 r118.5 r117.5 r122.9 r119.5
II r132.8 r153.5 r115.6 r155.8 r118.3 r117.3 r126.2 r120.6
III r133.0 r154.8 r116.4 r157.5 r119.1 r118.5 r125.5 r121.1
IV r133.5 r155.8 r116.7 r160.1 r120.0 r119.9 r125.8 r122.1
ANNUAL r132.7 r154.0 r116.1 r157.0 r119.0 r118.3 r125.1 r120.8
2005 I r134.5 r157.4 r117.0 r161.6 r120.4 r120.1 r127.9 r123.0
II r134.9 r159.0 r117.9 r162.0 r119.5 r120.0 r130.0 r123.7
III r136.6 r160.9 r117.8 r165.2 r120.3 r121.0 r131.1 r124.7
IV r136.7 r161.7 r118.3 r166.5 r120.3 r121.8 r132.3 r125.7
ANNUAL r135.7 r159.8 r117.7 r163.8 r120.2 r120.7 r130.3 r124.3
2006 I r138.2 r164.3 r118.9 r169.3 r121.7 r122.5 r133.4 r126.6
II 138.6 165.4 119.3 171.5 121.7 123.7 133.9 127.5
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2004 I r3.2 r4.5 1.2 r2.1 r-1.5 r-1.1 r11.8 r3.6
II r4.5 r4.8 0.3 r3.5 r-0.5 r-0.9 r11.1 r3.6
III r0.5 r3.4 r2.9 r4.7 r2.5 r4.1 r-2.0 r1.7
IV r1.6 r2.6 r1.0 r6.7 r3.0 r5.0 r0.9 r3.4
ANNUAL r3.1 r4.4 1.3 r3.8 r1.1 r0.7 r5.8 r2.6
2005 I r3.1 r4.2 r1.0 r3.9 r1.5 r0.7 r6.7 r3.0
II r1.2 r4.1 r2.9 r0.8 r-2.9 r-0.4 r6.6 r2.3
III r5.0 r4.9 -0.1 r8.3 r2.7 r3.2 r3.6 r3.3
IV 0.2 1.8 1.6 r3.1 r-0.2 r2.9 r3.6 r3.2
ANNUAL r2.3 r3.7 1.4 r4.4 r1.0 r2.1 r4.2 r2.9
2006 I r4.5 r6.7 r2.1 r6.9 r4.7 r2.3 r3.3 r2.7
II 1.1 2.6 1.5 5.1 0.2 4.0 1.7 3.1
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2004 I r4.5 r5.1 0.6 r4.3 r2.4 r-0.1 r5.5 1.9
II r3.8 r5.2 r1.3 r3.3 r0.5 r-0.5 r8.1 2.7
III r1.7 r3.5 1.7 r3.3 r0.6 r1.6 r4.5 r2.7
IV r2.5 r3.8 1.3 r4.2 r0.9 r1.7 r5.3 r3.1
ANNUAL r3.1 r4.4 1.3 r3.8 r1.1 r0.7 r5.8 r2.6
2005 I r2.4 r3.8 r1.3 r4.7 r1.6 r2.2 r4.1 r2.9
II r1.6 r3.6 1.9 r4.0 r1.0 r2.3 r3.0 r2.6
III r2.7 r3.9 r1.2 r4.9 r1.1 r2.1 r4.4 r3.0
IV 2.4 3.7 1.3 r4.0 r0.3 r1.6 r5.1 3.0
ANNUAL r2.3 r3.7 1.4 r4.4 r1.0 r2.1 r4.2 r2.9
2006 I r2.7 r4.4 r1.6 r4.8 r1.1 r2.0 r4.3 r2.9
II 2.7 4.0 1.3 5.9 1.8 3.1 3.1 3.1
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
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
2004 I r130.5 r151.9 r116.4 r153.4 r117.8 r117.6 r123.6 r119.8
II r132.2 r153.9 r116.4 r154.8 r117.6 r117.2 r126.8 r120.7
III r132.2 r155.1 r117.3 r156.6 r118.3 r118.4 r126.6 r121.4
IV r132.4 r156.0 r117.8 r158.7 r118.9 r119.9 r127.0 r122.5
ANNUAL r131.8 r154.2 r117.0 r155.9 r118.2 r118.3 r126.0 r121.1
2005 I r133.5 r157.6 r118.0 r160.4 r119.5 r120.1 r129.4 r123.5
II r134.3 r159.4 r118.6 r161.0 r118.9 r119.9 r131.8 r124.3
III r135.8 r161.3 r118.8 r164.1 r119.5 r120.9 r133.1 r125.3
IV r135.8 r162.0 r119.3 r165.3 r119.4 r121.7 r134.3 r126.4
ANNUAL r134.9 r160.0 r118.7 r162.7 r119.3 r120.7 r132.2 r124.9
2006 I r137.2 r164.6 r120.0 r168.0 r120.8 r122.5 r135.4 r127.3
II 137.6 165.6 120.4 170.2 120.9 123.8 136.2 128.3
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2004 I r1.9 r3.6 1.7 r1.3 r-2.2 r-0.5 r10.8 3.6
II r5.1 r5.2 0.1 r3.7 r-0.4 r-1.4 r10.6 r3.1
III r0.2 r3.2 r3.0 r4.5 r2.3 r4.3 r-0.6 r2.4
IV r0.4 r2.4 r2.0 r5.6 r2.0 r5.1 r1.3 r3.7
ANNUAL r3.0 r4.3 1.3 r3.6 r0.9 r0.7 r5.4 r2.4
2005 I r3.6 r4.2 r0.6 r4.3 r1.9 r0.7 r7.7 r3.3
II r2.3 4.4 r2.1 r1.6 r-2.0 r-0.7 r7.8 r2.5
III r4.4 r4.9 0.4 r7.8 r2.2 r3.3 r3.9 3.5
IV r-0.1 r1.8 1.8 r2.9 r-0.4 r3.0 r3.7 r3.3
ANNUAL r2.3 r3.8 r1.5 r4.4 r1.0 r2.0 r4.9 r3.1
2006 I r4.3 r6.7 r2.3 r6.9 r4.7 r2.5 r3.4 2.9
II 1.1 2.5 1.4 5.4 0.4 4.2 2.2 3.4
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2004 I r4.3 r5.1 r0.7 r4.2 r2.3 r-0.1 4.5 r1.6
II r4.1 r5.3 1.2 r3.4 r0.6 r-0.7 r7.3 r2.3
III r1.6 r3.4 1.7 r3.2 r0.4 r1.5 r4.2 r2.5
IV r1.9 r3.6 1.7 r3.8 r0.4 r1.8 r5.4 r3.2
ANNUAL r3.0 r4.3 1.3 r3.6 r0.9 r0.7 r5.4 r2.4
2005 I r2.3 r3.8 1.4 r4.5 r1.5 r2.2 r4.7 r3.1
II r1.6 r3.6 r1.9 r4.0 r1.0 r2.3 r4.0 r3.0
III r2.7 r4.0 r1.3 r4.8 r1.0 r2.1 r5.1 r3.3
IV 2.5 r3.8 1.2 r4.1 r0.4 r1.6 r5.7 3.2
ANNUAL r2.3 r3.8 r1.5 r4.4 r1.0 r2.0 r4.9 r3.1
2006 I r2.7 r4.4 1.7 r4.8 r1.1 r2.0 r4.7 r3.0
II 2.4 3.9 1.5 5.7 1.7 3.2 3.3 3.3
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
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
2004 I r161.8 r138.1 85.4 r157.5 r120.8 r97.3
II r163.3 r138.9 85.0 r159.8 r121.4 r97.8
III r164.0 r139.3 84.9 r163.0 r123.2 r99.4
IV r166.1 r140.3 84.4 r165.5 r124.0 r99.6
ANNUAL r163.8 r139.1 84.9 r161.4 r122.3 r98.5
2005 I r168.1 r141.7 84.3 r166.1 r123.7 r98.8
II r169.7 r142.2 83.8 r167.8 r123.8 r98.9
III r171.2 r143.1 83.6 r170.7 r124.3 r99.7
IV r173.2 r146.3 84.5 r170.9 r123.4 r98.7
ANNUAL r170.5 r143.3 84.0 r168.8 r123.8 r99.0
2006 I r174.8 r148.4 r84.9 r173.0 r124.4 r99.0
II 176.1 150.4 85.4 173.8 123.4 98.7
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2004 I r-2.1 r0.1 2.2 r-10.6 r-13.7 r-8.7
II r3.9 r2.2 -1.6 r5.9 r1.8 r2.0
III r1.7 r1.2 -0.4 r8.3 r6.0 r6.5
IV r5.2 r2.8 -2.3 r6.3 r2.7 r1.0
ANNUAL r1.9 r1.3 -0.5 r2.0 r-0.7 r0.1
2005 I 4.8 4.2 -0.5 r1.5 r-0.8 r-3.2
II 3.9 1.2 -2.5 r4.0 r0.3 r0.2
III 3.7 2.6 -1.0 r7.1 r1.5 r3.2
IV 4.7 9.4 4.6 r0.5 r-2.7 r-4.0
ANNUAL r4.1 r3.0 -1.1 r4.6 r1.2 r0.5
2006 I r3.7 r5.8 r2.0 r5.2 r3.0 r1.4
II 3.0 5.4 2.3 1.7 -3.1 -1.2
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2004 I r2.4 r0.6 -1.8 r1.9 r0.0 r-0.5
II r2.3 r1.7 -0.6 r1.6 r-1.1 r-0.7
III r0.6 r1.5 0.9 r2.3 r-0.4 r1.7
IV r2.1 r1.6 -0.6 r2.2 r-1.1 r0.0
ANNUAL r1.9 r1.3 -0.5 r2.0 r-0.7 r0.1
2005 I r3.9 r2.6 -1.2 r5.5 r2.4 r1.5
II r3.9 r2.4 -1.5 r5.0 r2.0 r1.1
III r4.4 r2.7 -1.6 r4.7 r0.9 r0.3
IV r4.3 4.3 0.1 r3.2 r-0.5 r-1.0
ANNUAL r4.1 r3.0 -1.1 r4.6 r1.2 r0.5
2006 I 4.0 r4.7 0.7 r4.2 r0.5 r0.2
II 3.8 5.8 1.9 3.6 -0.4 -0.2
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
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
2004 I r184.0 r164.2 89.2 r153.6 r117.9 r83.5
II r185.0 r164.6 89.0 r156.4 r118.9 r84.6
III r185.5 r165.7 89.3 r159.8 r120.8 r86.1
IV r188.2 r167.3 88.9 r161.7 r121.2 r85.9
ANNUAL r185.7 r165.4 89.1 r157.9 r119.7 r85.0
2005 I r191.3 r170.1 88.9 r161.7 r120.5 r84.5
II r193.2 r171.1 88.6 r162.8 r120.2 r84.3
III r196.3 r174.0 88.7 r165.8 r120.8 r84.5
IV r201.0 r180.3 89.7 r165.8 r119.8 r82.5
ANNUAL r195.4 r173.9 89.0 r164.1 r120.3 r83.9
2006 I r202.9 r182.6 r90.0 r168.3 r121.0 r83.0
II 204.8 186.1 90.9 169.0 120.0 82.5
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2004 I r-3.9 r0.1 4.2 r-16.1 r-19.0 r-12.7
II r2.1 r0.8 -1.2 r7.5 r3.3 r5.3
III r1.1 r2.7 1.5 r8.9 r6.6 r7.6
IV r6.0 r4.0 -1.9 r5.0 r1.4 r-1.0
ANNUAL r1.1 r1.8 0.6 r0.7 r-1.9 r-0.4
2005 I r6.6 6.8 0.1 r0.0 r-2.3 r-6.3
II 4.0 2.6 -1.4 r2.8 r-1.0 r-1.2
III 6.5 7.0 0.4 r7.5 r1.9 r0.9
IV 9.9 15.2 4.8 r0.0 r-3.2 r-9.0
ANNUAL r5.3 r5.1 -0.1 r3.9 r0.5 r-1.3
2006 I r3.8 r5.3 r1.4 r6.1 r3.9 r2.2
II 3.8 7.8 3.9 1.6 -3.2 -2.1
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2004 I r2.2 r1.3 -1.0 0.4 -1.4 r-1.8
II r1.8 r2.2 0.4 r0.5 r-2.3 r-1.3
III r-0.7 r1.8 2.5 1.2 -1.5 r1.9
IV r1.3 r1.9 0.6 r0.8 r-2.5 r-0.5
ANNUAL r1.1 r1.8 0.6 r0.7 r-1.9 r-0.4
2005 I r3.9 r3.5 -0.4 r5.3 r2.2 r1.3
II r4.4 r4.0 -0.4 r4.1 r1.1 r-0.3
III r5.8 r5.1 -0.7 r3.8 r0.0 r-1.9
IV 6.8 7.8 1.0 r2.5 r-1.2 r-4.0
ANNUAL r5.3 r5.1 -0.1 r3.9 r0.5 r-1.3
2006 I 6.0 7.4 1.3 r4.1 r0.4 r-1.9
II 6.0 8.8 2.6 3.8 -0.2 -2.1
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
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
2004 I r139.4 r110.9 79.6 r163.0 r125.1 r116.9
II r141.6 r112.0 79.1 r164.2 r124.8 r116.0
III r142.7 r111.9 78.4 r166.9 r126.2 r117.0
IV r144.2 r112.2 77.8 r170.5 r127.8 r118.2
ANNUAL r142.0 r111.8 78.7 r166.1 r125.9 r117.0
2005 I r145.2 r112.5 77.5 r172.3 r128.4 r118.7
II r146.7 r112.4 76.6 r175.0 r129.1 r119.3
III r147.0 r111.6 75.9 r177.5 r129.3 r120.8
IV r146.3 r112.2 76.7 r178.1 r128.7 r121.8
ANNUAL r146.3 r112.2 76.7 r175.7 r128.9 r120.1
2006 I r147.4 r114.0 r77.3 r179.7 r129.1 r121.9
II 148.4 114.6 77.2 180.4 128.1 121.6
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2004 I r1.2 r0.1 -1.1 r0.3 r-3.2 r-0.8
II r6.5 r4.0 -2.3 r3.1 r-0.9 r-3.2
III r3.2 r-0.6 -3.6 r6.8 r4.5 r3.5
IV r4.4 r1.4 -2.8 r8.8 r5.1 r4.3
ANNUAL r3.3 r0.8 -2.4 4.2 1.5 r0.9
2005 I 2.7 0.9 -1.7 r4.3 r1.9 r1.5
II 4.2 -0.4 -4.4 r6.3 r2.5 r2.0
III 0.7 -2.8 -3.5 r5.9 r0.4 r5.2
IV -1.9 2.3 4.2 r1.4 r-1.9 r3.3
ANNUAL r3.0 r0.4 -2.6 r5.8 r2.3 r2.6
2006 I r3.2 r6.4 r3.1 r3.6 r1.4 r0.3
II 2.6 2.2 -0.4 1.6 -3.2 -1.0
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2004 I r2.9 r-0.3 -3.1 r4.6 r2.7 r1.6
II r3.4 r1.2 -2.2 r3.6 r0.8 r0.2
III r3.0 r1.2 -1.7 r4.0 r1.2 r0.9
IV r3.8 r1.2 -2.5 r4.7 r1.3 r0.9
ANNUAL r3.3 r0.8 -2.4 4.2 1.5 r0.9
2005 I r4.2 r1.4 -2.6 r5.7 r2.6 r1.5
II r3.6 r0.3 -3.2 r6.5 r3.5 r2.8
III r3.0 r-0.3 -3.1 r6.3 r2.5 r3.2
IV 1.4 0.0 -1.4 r4.5 r0.7 r3.0
ANNUAL r3.0 r0.4 -2.6 r5.8 r2.3 r2.6
2006 I r1.5 r1.3 r-0.2 r4.3 r0.6 r2.7
II 1.1 2.0 0.8 3.1 -0.8 1.9
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
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
2004 I r137.6 r159.6 r116.1 r151.8 r116.5 r110.4 r109.1 r110.0 r131.2 r111.9
II r138.6 r161.1 r116.2 r153.2 r116.4 r110.5 r109.3 r110.2 r139.2 r112.8
III r140.5 r164.0 r116.8 r155.0 r117.1 r110.3 r109.2 r110.0 r142.3 r112.9
IV r141.0 r165.3 r117.2 r157.1 r117.7 r111.4 r109.3 r110.8 r142.4 r113.7
ANNUAL r139.4 r162.5 r116.6 r154.3 r116.9 r110.7 r109.2 r110.3 r138.8 112.8
2005 I r142.8 r167.5 r117.4 r158.6 r118.2 r111.1 r110.3 r110.9 r148.5 r114.2
II r144.5 r170.6 r118.1 r159.3 r117.6 r110.2 r110.2 r110.2 r159.0 r114.6
III r145.6 r172.3 r118.3 r162.4 r118.3 r111.6 r112.6 r111.9 r149.9 r115.3
IV r146.7 r174.7 r119.1 r163.6 r118.2 r111.5 r110.5 r111.3 r159.6 r115.6
ANNUAL r144.9 r171.3 r118.2 r161.0 r118.1 r111.1 r110.9 r111.1 r154.3 r114.9
2006 I r149.3 r178.5 r119.6 r166.1 r119.4 r111.3 r109.3 r110.8 r174.5 r116.5
----------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2004 I r2.9 r5.6 2.7 r-0.5 r-3.9 r-3.3 r-3.6 r-3.4 r53.5 r1.2
II r3.1 r3.6 r0.5 r3.7 r-0.3 r0.6 r1.1 r0.7 r27.1 r3.3
III r5.5 r7.6 2.0 r4.7 r2.5 r-0.8 r-0.5 r-0.7 r9.2 r0.4
IV r1.6 r3.2 1.5 r5.6 r2.0 r4.0 r0.3 r3.0 r0.2 r2.7
ANNUAL r3.7 r5.1 r1.3 r3.2 r0.5 r-0.4 r-1.8 r-0.8 r26.2 1.6
2005 I r5.0 r5.5 r0.5 r4.0 r1.6 r-1.0 r3.6 r0.2 r18.1 r2.1
II r4.9 r7.4 2.4 r1.6 r-2.1 r-3.2 r-0.1 r-2.4 r31.5 r1.2
III r3.0 r4.1 1.0 r8.2 r2.6 r5.0 r9.1 r6.1 r-21.0 r2.4
IV r3.2 r5.8 r2.6 r3.0 r-0.3 r-0.1 r-7.4 r-2.1 r28.5 r1.1
ANNUAL r3.9 r5.4 1.4 r4.4 r1.0 0.4 r1.5 r0.7 r11.1 r1.9
2006 I r7.2 r9.0 r1.7 r6.3 r4.1 r-0.8 r-4.4 r-1.8 r42.9 r3.1
----------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2004 I r4.3 r4.9 r0.6 r3.8 r2.0 r-0.4 r-3.3 r-1.2 r27.3 r1.2
II r3.7 r5.0 r1.2 r2.9 r0.1 r-0.8 r-1.6 r-1.0 r31.5 r1.8
III r3.5 5.3 1.8 r2.8 r0.0 r-0.7 r-1.5 r-0.9 r26.1 1.5
IV r3.3 r5.0 1.7 r3.4 r0.0 r0.1 r-0.7 -0.1 r20.9 r1.9
ANNUAL r3.7 r5.1 r1.3 r3.2 r0.5 r-0.4 r-1.8 r-0.8 r26.2 1.6
2005 I r3.8 r5.0 1.1 r4.5 r1.5 r0.7 r1.1 r0.8 r13.2 r2.1
II r4.3 r5.9 1.6 r4.0 r1.0 r-0.3 r0.8 r0.0 r14.2 r1.6
III r3.6 r5.0 r1.4 r4.8 r1.0 r1.1 r3.1 r1.7 r5.3 r2.1
IV r4.0 r5.7 1.6 r4.2 r0.4 r0.1 r1.1 r0.4 r12.0 r1.7
ANNUAL r3.9 r5.4 1.4 r4.4 r1.0 0.4 r1.5 r0.7 r11.1 r1.9
2006 I r4.6 r6.6 r1.9 r4.7 r1.0 r0.2 r-0.9 r-0.1 r17.5 r1.9
----------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
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
-1.4 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 first quarter of 2006.
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 1978-2005 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 from the
original data rather than index numbers. Annual changes: Percent
change between annual average levels.
(6) Unit nonlabor costs include consumption of fixed capital, taxes on
production and imports less subsidies, net interest and miscellaneous
payments, and business current transfer payments.
(7) Total unit costs are the sum of unit labor and nonlabor costs.
(8) Unit profits include corporate profits before tax with inventory
valuation and capital consumption adjustments.
Appendix table 1. Business sector: Revised productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
2001 I r117.2 141.1 r120.4 r139.0 r113.1 r118.6 r106.4 114.1
II r118.8 141.4 r119.1 r140.0 r113.2 r117.9 r109.9 114.9
III r119.3 140.3 r117.7 r140.8 r113.5 r118.0 r110.4 115.2
IV r121.1 141.0 r116.3 r141.8 r114.4 r117.0 r113.1 115.6
ANNUAL r119.1 141.0 r118.4 r140.4 r113.5 r117.9 r110.0 114.9
2002 I r122.8 141.9 r115.5 r143.8 r115.6 r117.1 r113.2 115.6
II r123.4 142.6 r115.5 r145.5 r116.1 r117.9 r112.6 115.9
III r124.8 143.8 r115.2 r146.1 r116.0 r117.1 r114.7 116.2
IV r124.8 144.0 r115.4 r146.2 r115.3 r117.1 r116.0 116.7
ANNUAL r124.0 143.1 r115.4 r145.4 r115.7 r117.3 r114.1 116.1
2003 I r125.8 r144.4 r114.8 r148.0 r115.7 r117.7 r116.5 r117.3
II r128.0 r146.0 r114.1 r150.8 r117.8 r117.8 r116.7 r117.4
III r130.8 r149.7 r114.5 r152.5 r118.4 r116.6 r120.2 r118.0
IV r130.3 r150.1 r115.2 r153.6 r118.9 r117.9 r119.5 r118.5
ANNUAL r128.7 r147.5 r114.6 r151.2 r117.7 r117.5 r118.3 r117.8
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2001 I r-0.6 -1.1 -0.5 6.8 2.9 7.5 -5.7 2.7
II r5.5 0.8 -4.4 r2.9 r0.1 -2.5 13.8 3.0
III 1.6 -3.1 -4.6 r2.2 r1.1 0.5 1.8 1.0
IV r6.5 1.8 r-4.4 r2.9 r3.3 -3.3 10.0 1.3
ANNUAL r2.6 0.3 r-2.2 4.2 r1.4 1.6 r2.5 2.0
2002 I r5.7 2.6 r-2.9 r5.8 r4.3 0.1 0.3 0.2
II 1.9 2.1 r0.1 4.7 r1.7 2.7 -1.9 1.0
III r4.7 3.6 r-1.0 r1.9 r-0.4 -2.6 7.8 1.0
IV 0.0 0.5 r0.5 r0.1 r-2.2 0.1 4.5 1.7
ANNUAL r4.1 1.5 r-2.5 r3.6 r2.0 -0.5 3.8 1.0
2003 I r3.0 r1.1 -1.9 r5.1 r1.2 r2.1 r1.7 r1.9
II r7.3 r4.6 -2.5 r7.7 r7.5 r0.4 r0.8 0.6
III r8.9 r10.4 1.3 r4.6 r2.1 r-4.0 r12.2 r1.8
IV r-1.4 r1.1 2.5 r2.9 r1.8 r4.3 r-2.1 r1.8
ANNUAL r3.8 r3.1 -0.7 4.0 1.7 r0.2 r3.6 r1.5
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2001 I 2.6 1.8 r-0.8 4.8 r1.4 2.1 1.1 1.8
II 2.0 0.2 r-1.8 r5.1 1.7 3.0 0.4 2.1
III 2.7 -0.4 r-3.0 r3.7 r1.0 0.9 3.9 2.0
IV r3.2 -0.4 r-3.5 r3.7 1.8 0.5 4.7 2.0
ANNUAL r2.6 0.3 r-2.2 4.2 r1.4 1.6 r2.5 2.0
2002 I r4.8 0.5 r-4.1 r3.4 r2.2 -1.3 6.3 1.3
II r3.9 0.8 r-3.0 r3.9 r2.6 0.0 r2.4 0.9
III r4.7 2.5 r-2.1 r3.8 r2.2 -0.8 3.9 0.9
IV 3.0 2.2 -0.8 r3.1 0.8 0.1 2.6 1.0
ANNUAL r4.1 1.5 r-2.5 r3.6 r2.0 -0.5 3.8 1.0
2003 I r2.4 r1.8 -0.6 r3.0 r0.1 r0.6 r3.0 1.4
II r3.7 r2.4 -1.2 3.7 1.5 r0.0 r3.7 1.3
III r4.7 r4.0 -0.7 r4.4 r2.1 r-0.4 r4.7 r1.5
IV r4.4 r4.2 -0.2 r5.1 r3.1 r0.7 r3.0 r1.5
ANNUAL r3.8 r3.1 -0.7 4.0 1.7 r0.2 r3.6 r1.5
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 1 continued. Business sector: Revised productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
1998 I r108.5 126.5 r116.6 r117.6 r103.7 r108.3 r111.5 109.5
II r108.7 127.4 r117.2 r119.1 r104.8 r109.6 r109.4 109.5
III r110.0 129.0 r117.3 r121.0 r106.0 r110.0 r109.3 109.7
IV r110.6 131.5 r118.8 r121.8 r106.2 r110.1 r109.7 109.9
ANNUAL r109.5 128.6 r117.5 r119.9 r105.2 r109.5 r110.0 109.7
1999 I r111.8 132.7 r118.6 r124.3 r108.0 r111.2 r108.8 110.3
II r112.0 133.9 r119.5 r124.7 r107.6 r111.3 r109.1 110.5
III r112.8 135.7 r120.3 r125.8 r107.7 r111.5 r109.7 110.8
IV r114.6 138.5 r120.8 r128.2 r108.9 r111.8 r110.0 111.1
ANNUAL r112.8 135.2 r119.8 r125.8 r108.0 r111.5 r109.4 110.7
2000 I r114.2 138.6 r121.4 r132.6 r111.6 r116.1 r105.3 112.1
II r116.4 141.1 r121.2 r133.2 r111.2 r114.4 r109.5 112.6
III r116.1 140.8 r121.3 r135.8 r112.3 r116.9 r106.3 112.9
IV r117.4 141.5 r120.6 r136.7 r112.3 r116.5 r108.0 113.3
ANNUAL r116.1 140.5 r121.0 r134.7 r112.0 r116.0 r107.2 112.7
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
1998 I 3.0 5.2 2.1 7.6 r7.0 4.5 -5.7 0.5
II 0.7 2.8 2.0 5.4 4.2 4.6 -7.2 0.0
III r4.8 5.3 r0.5 6.5 r4.6 1.7 -0.4 0.9
IV r2.4 7.8 5.3 r2.5 0.8 0.1 1.7 0.7
ANNUAL 2.8 4.8 2.0 6.1 4.6 3.2 -3.4 0.6
1999 I r4.5 3.7 r-0.7 r8.7 r7.1 4.1 -3.5 1.2
II 0.7 3.8 r3.1 1.3 -1.6 0.6 1.0 0.8
III r2.7 5.4 r2.6 r3.4 r0.4 0.7 2.2 1.3
IV r6.7 8.4 r1.6 r7.8 r4.7 1.0 1.2 1.1
ANNUAL r3.1 5.1 r2.0 r4.9 r2.8 1.8 -0.5 0.9
2000 I r-1.5 0.3 r1.8 r14.5 10.2 16.2 -16.1 3.4
II r8.0 7.5 r-0.5 1.8 r-1.3 -5.7 16.9 1.8
III -1.0 -0.8 r0.2 7.9 r4.1 9.0 -11.2 1.3
IV r4.4 2.0 r-2.3 r2.9 r0.0 -1.5 6.8 1.4
ANNUAL r2.9 3.9 r1.0 r7.1 r3.6 r4.1 r-2.0 1.8
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
1998 I 3.5 5.5 1.9 r5.8 4.3 2.1 -1.4 0.8
II 2.4 4.4 1.9 6.3 4.8 3.8 -4.3 0.7
III 2.6 4.2 r1.5 6.8 5.3 4.1 r-4.9 0.6
IV 2.7 5.2 2.5 r5.5 4.1 2.7 -3.0 0.5
ANNUAL 2.8 4.8 2.0 6.1 4.6 3.2 -3.4 0.6
1999 I r3.1 4.9 1.8 r5.8 4.1 2.6 -2.4 0.7
II r3.1 5.1 r2.0 r4.7 r2.7 1.6 -0.3 0.9
III 2.5 5.2 2.6 3.9 r1.6 1.4 0.3 1.0
IV r3.6 5.3 1.7 r5.3 r2.6 1.6 0.2 1.1
ANNUAL r3.1 5.1 r2.0 r4.9 r2.8 1.8 -0.5 0.9
2000 I r2.1 4.5 r2.3 6.6 r3.3 4.4 -3.2 1.6
II r3.9 5.4 r1.4 r6.8 r3.4 2.8 0.4 1.9
III r3.0 3.8 0.8 7.9 4.3 4.8 -3.1 1.9
IV r2.4 2.2 r-0.2 r6.7 3.1 r4.2 -1.8 2.0
ANNUAL r2.9 3.9 r1.0 r7.1 r3.6 r4.1 r-2.0 1.8
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 2. Nonfarm business sector: Revised productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
2001 I r116.7 141.4 r121.2 r138.3 r112.5 r118.5 r108.0 114.6
II r118.3 141.9 r119.9 r139.1 r112.4 r117.6 r111.7 115.4
III r118.8 140.8 r118.5 r139.8 r112.7 r117.7 r112.0 115.6
IV r120.6 141.2 r117.1 r141.0 r113.7 r116.8 r114.7 116.0
ANNUAL r118.6 141.3 r119.2 r139.5 r112.8 r117.7 r111.6 115.4
2002 I r122.7 142.5 r116.1 r143.1 r115.1 r116.7 r115.0 116.0
II r123.0 143.0 r116.3 r144.7 r115.5 r117.7 r114.8 116.6
III r124.2 144.1 r116.0 r145.3 r115.3 r117.0 r116.6 116.9
IV r124.2 144.1 r116.0 r145.4 r114.7 r117.1 r117.7 117.3
ANNUAL r123.5 143.4 r116.1 r144.6 r115.1 r117.1 r116.0 116.7
2003 I r125.1 r144.6 r115.5 r147.3 r115.1 r117.7 r118.2 r117.9
II r127.0 r146.1 r115.1 r149.7 r117.0 r117.9 r118.1 r118.0
III r130.1 r150.0 r115.3 r151.7 r117.8 r116.6 r121.5 r118.4
IV r129.9 r150.6 r115.9 r152.9 r118.4 r117.7 r120.5 r118.7
ANNUAL r128.0 r147.8 r115.4 r150.4 r117.1 r117.5 r119.6 r118.3
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2001 I r-0.5 -1.1 -0.6 6.7 2.8 7.3 -5.7 2.5
II 5.6 1.2 r-4.2 r2.4 r-0.4 -3.1 14.4 2.7
III r1.8 -2.9 r-4.6 r2.2 1.0 0.4 1.3 0.7
IV r6.3 1.2 r-4.8 r3.3 r3.6 -2.9 r9.7 1.5
ANNUAL r2.5 0.4 -2.0 r4.0 r1.2 r1.5 2.6 1.9
2002 I r7.0 3.5 r-3.2 r6.3 r4.8 r-0.6 1.1 0.0
II 0.9 1.4 0.5 r4.5 1.4 3.5 -0.7 2.0
III r4.1 3.1 r-0.9 r1.8 r-0.4 -2.2 r6.5 0.9
IV r0.0 0.1 0.1 0.3 -2.0 0.3 3.8 1.6
ANNUAL 4.1 1.5 r-2.6 r3.7 2.0 -0.5 4.0 1.1
2003 I r3.0 r1.2 -1.7 r5.1 r1.2 r2.1 1.8 r2.0
II r6.0 r4.3 r-1.6 r6.9 r6.7 r0.8 r-0.4 0.4
III r10.3 r11.0 0.6 r5.4 r2.9 r-4.4 r11.7 r1.3
IV r-0.6 r1.6 2.2 r3.2 r2.1 r3.8 r-3.2 r1.1
ANNUAL r3.7 r3.1 -0.6 4.0 r1.7 r0.3 r3.1 1.3
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2001 I 2.4 1.9 -0.5 4.5 r1.1 r2.1 r1.2 1.8
II r2.0 0.4 -1.6 r4.9 r1.5 2.8 0.6 2.0
III r2.7 -0.2 r-2.8 r3.4 0.7 0.7 4.0 1.8
IV r3.3 -0.4 r-3.6 r3.6 r1.8 r0.4 r4.6 1.9
ANNUAL r2.5 0.4 -2.0 r4.0 r1.2 r1.5 2.6 1.9
2002 I 5.1 0.7 r-4.2 r3.5 r2.2 -1.6 6.5 1.2
II 3.9 0.8 r-3.1 r4.0 r2.7 0.1 2.8 1.0
III r4.5 2.3 r-2.1 r3.9 r2.3 -0.6 4.1 1.1
IV 2.9 2.0 r-0.9 r3.2 r0.9 0.2 2.7 1.1
ANNUAL 4.1 1.5 r-2.6 r3.7 2.0 -0.5 4.0 1.1
2003 I r2.0 r1.5 -0.5 r2.9 r0.0 0.9 2.8 1.6
II r3.3 r2.2 -1.0 3.5 1.3 r0.2 r2.9 1.2
III r4.8 r4.1 r-0.6 r4.4 2.1 r-0.4 r4.2 r1.3
IV r4.6 r4.5 -0.1 r5.2 r3.2 r0.5 r2.3 r1.2
ANNUAL r3.7 r3.1 -0.6 4.0 r1.7 r0.3 r3.1 1.3
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 2 continued. Nonfarm business sector: Revised productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
---------------------------------------------------------------------------------------------------------
Indexes 1992=100
1998 I r108.4 126.8 r117.0 r117.2 r103.4 r108.2 r112.4 109.7
II r108.7 127.7 r117.5 r118.8 r104.5 r109.3 r110.5 109.8
III r109.9 129.4 r117.7 r120.8 r105.7 r109.9 r110.4 110.1
IV r110.5 131.8 r119.3 r121.4 r105.9 r109.9 r110.7 110.2
ANNUAL r109.4 128.9 r117.9 r119.6 r104.9 r109.3 r111.0 109.9
1999 I r111.5 133.0 r119.3 r123.7 r107.4 r110.9 r109.8 110.5
II r111.7 134.3 r120.2 r124.1 r107.0 r111.1 r110.7 111.0
III r112.4 136.1 r121.0 r125.2 r107.1 r111.3 r111.4 111.3
IV r114.4 138.9 r121.4 r127.8 r108.5 r111.7 r111.8 111.7
ANNUAL r112.5 135.6 r120.5 r125.2 r107.5 r111.3 r110.9 111.1
2000 I r113.9 138.8 r121.9 r132.3 r111.3 r116.1 r106.6 112.6
II r116.0 141.4 r121.9 r132.6 r110.8 r114.4 r111.0 113.1
III r115.7 141.1 r121.9 r135.2 r111.9 r116.9 r107.8 113.5
IV r116.8 141.8 r121.4 r136.0 r111.8 r116.4 r109.6 113.9
ANNUAL r115.7 140.8 r121.7 r134.2 r111.5 r116.0 r108.7 113.3
---------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
1998 I r3.2 5.6 r2.3 r7.8 r7.1 4.4 -5.8 0.4
II 1.2 2.9 1.7 r5.7 4.5 4.4 -6.6 0.1
III r4.5 5.3 r0.7 6.6 r4.7 2.1 -0.4 1.1
IV 2.1 7.9 r5.6 2.1 r0.5 0.0 1.1 0.4
ANNUAL r2.8 5.0 r2.1 r6.0 4.5 3.1 -3.1 0.7
1999 I r3.7 3.7 r0.0 r7.8 r6.1 3.9 r-3.1 1.3
II 0.7 3.7 3.0 1.4 -1.5 0.7 3.1 1.6
III r2.8 5.6 r2.8 r3.5 r0.4 r0.7 2.7 1.4
IV r7.2 8.4 1.2 8.5 r5.4 1.3 1.5 1.4
ANNUAL r2.9 5.2 r2.2 r4.7 r2.6 1.8 0.0 1.1
2000 I r-1.7 -0.1 r1.6 r14.9 r10.6 16.9 -17.2 3.3
II 7.4 7.5 0.1 1.1 -2.0 -5.9 17.3 1.8
III r-0.9 -0.8 0.1 r8.1 r4.2 9.1 -11.1 1.4
IV r4.0 2.2 r-1.7 r2.4 r-0.5 -1.6 6.9 1.3
ANNUAL 2.8 3.8 r1.0 r7.2 r3.7 4.2 -2.0 1.9
---------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
1998 I 3.3 5.6 2.2 5.5 r4.1 2.1 -0.8 1.0
II 2.4 4.5 2.1 6.1 4.6 3.7 -4.0 0.7
III 2.6 4.4 1.7 6.8 5.3 4.1 -4.6 0.7
IV r2.8 5.4 2.6 5.5 r4.2 2.7 -3.0 0.5
ANNUAL r2.8 5.0 r2.1 r6.0 4.5 3.1 -3.1 0.7
1999 I r2.9 4.9 2.0 5.5 r3.9 2.6 -2.3 0.7
II r2.8 5.1 r2.3 4.4 r2.4 1.6 0.2 1.1
III 2.3 5.2 r2.8 r3.7 r1.3 1.3 r0.9 1.2
IV r3.6 5.3 r1.7 5.2 2.5 1.6 r1.0 1.4
ANNUAL r2.9 5.2 r2.2 r4.7 r2.6 1.8 0.0 1.1
2000 I r2.2 4.4 r2.1 6.9 r3.6 4.7 -2.9 1.9
II 3.8 5.3 r1.4 r6.9 r3.5 2.9 0.3 2.0
III r2.9 3.6 r0.7 8.0 r4.5 5.0 r-3.3 2.0
IV r2.1 2.1 r0.0 r6.5 r3.0 4.3 -2.0 2.0
ANNUAL 2.8 3.8 r1.0 r7.2 r3.7 4.2 -2.0 1.9
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 3. Manufacturing sector: Revised productivity, hourly compensation, and unit labor costs,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2001 I r139.7 r140.1 100.3 138.1 112.4 r98.8
II r140.7 r137.9 98.0 137.4 111.0 r97.6
III r141.4 r135.5 95.8 137.0 110.4 r96.9
IV r144.5 r133.6 92.5 139.0 112.1 r96.2
ANNUAL r141.5 r136.8 96.6 137.9 111.5 r97.4
2002 I r147.9 r134.3 90.8 144.6 116.2 r97.7
II r150.5 r136.0 90.4 147.6 117.8 r98.1
III r152.9 r136.9 89.5 149.1 118.3 r97.5
IV r154.5 r136.5 88.4 150.2 118.5 r97.2
ANNUAL r151.4 r135.9 89.8 147.8 117.7 r97.6
2003 I r158.0 r137.4 86.9 r154.6 r120.8 r97.8
II r159.7 r136.5 85.5 r157.2 r122.8 r98.5
III r163.0 r137.2 84.2 r159.4 r123.7 r97.7
IV r162.6 r138.1 84.9 r162.0 r125.4 r99.6
ANNUAL r160.8 r137.3 85.4 r158.2 r123.2 r98.4
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2001 I r-1.2 r-7.7 -6.6 4.1 0.2 r5.4
II r3.0 r-6.0 -8.7 -2.1 -4.8 r-4.9
III r1.8 r-7.0 -8.6 -1.0 -2.0 r-2.7
IV 9.2 r-5.4 -13.3 5.9 6.3 -3.0
ANNUAL r1.5 r-5.1 -6.5 2.3 -0.5 r0.8
2002 I r9.8 r2.2 -6.9 17.1 15.4 r6.6
II r7.0 r5.2 -1.7 8.6 5.4 r1.5
III r6.5 r2.4 -3.9 4.1 1.8 r-2.3
IV r4.5 r-0.9 -5.2 3.1 0.7 r-1.3
ANNUAL r7.0 r-0.6 -7.1 7.3 5.6 r0.2
2003 I r9.3 r2.4 -6.4 r12.1 r7.9 r2.5
II r4.2 r-2.3 -6.3 r7.0 r6.8 r2.7
III r8.6 r2.1 -6.0 r5.6 r3.0 r-2.8
IV r-0.9 r2.5 3.5 r6.7 r5.5 r7.7
ANNUAL r6.2 r1.0 -4.9 r7.0 r4.6 r0.8
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2001 I r1.0 r-2.8 -3.7 3.7 0.2 r2.7
II r0.9 r-5.0 -5.9 3.6 0.3 r2.7
III r1.7 r-6.1 -7.7 0.8 -1.8 r-0.9
IV r3.1 r-6.5 -9.3 1.7 -0.2 r-1.4
ANNUAL r1.5 r-5.1 -6.5 2.3 -0.5 r0.8
2002 I r5.9 r-4.1 -9.4 4.7 3.4 r-1.1
II r6.9 r-1.4 -7.7 7.5 6.1 r0.5
III r8.1 r1.0 -6.6 8.8 7.1 r0.6
IV r7.0 r2.2 -4.4 8.1 5.7 r1.0
ANNUAL r7.0 r-0.6 -7.1 7.3 5.6 r0.2
2003 I r6.8 r2.2 -4.3 r6.9 r3.9 r0.1
II r6.1 r0.4 -5.4 r6.5 r4.3 r0.4
III r6.7 r0.3 -6.0 r6.9 r4.6 r0.2
IV r5.2 r1.1 -3.9 r7.8 r5.8 2.4
ANNUAL r6.2 r1.0 -4.9 r7.0 r4.6 r0.8
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 3 continued. 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
1998 I r125.9 r134.2 106.5 116.6 102.8 r92.5
II r126.7 r134.4 106.1 118.3 104.0 r93.3
III r129.1 r135.1 104.7 120.0 105.0 r92.9
IV r130.0 r137.3 105.6 120.2 104.9 r92.5
ANNUAL r127.9 r135.3 105.7 118.8 104.2 r92.8
1999 I r131.9 r138.5 105.0 121.3 105.4 r91.9
II r132.9 r139.7 105.1 122.1 105.3 r91.9
III r133.0 r140.4 105.6 123.5 105.7 r92.9
IV r136.4 r142.7 104.6 126.8 107.7 r92.9
ANNUAL r133.6 r140.3 105.1 123.4 106.0 r92.4
2000 I r138.4 r144.1 104.1 133.2 112.1 r96.3
II r139.4 r145.2 104.1 132.5 110.7 r95.0
III r139.0 r144.2 103.8 135.9 112.4 r97.8
IV r140.1 r142.9 102.0 136.7 112.3 r97.6
ANNUAL r139.4 r144.1 103.4 134.7 112.0 r96.7
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
1998 I 5.2 4.6 -0.5 7.6 6.9 r2.3
II r2.4 r0.6 -1.8 6.0 4.8 r3.5
III r7.7 r2.3 -5.0 5.9 3.9 r-1.7
IV r3.0 r6.7 3.6 0.9 -0.7 r-2.0
ANNUAL r5.5 r5.2 -0.3 5.8 4.3 r0.3
1999 I r6.1 r3.5 -2.4 3.6 2.0 r-2.4
II r2.9 r3.4 0.5 2.6 -0.3 r-0.3
III r0.3 r2.0 1.7 4.7 1.6 r4.4
IV r10.8 r6.8 -3.6 11.2 7.9 r0.4
ANNUAL r4.4 r3.8 -0.6 3.9 1.8 r-0.5
2000 I r5.8 r3.8 -1.9 21.8 17.3 r15.1
II r3.1 r3.1 0.0 -2.1 -5.1 r-5.0
III r-1.3 r-2.6 -1.4 10.6 6.6 r12.0
IV r3.4 r-3.5 -6.7 2.4 -0.4 r-0.9
ANNUAL r4.4 r2.7 -1.6 9.2 5.6 r4.6
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
1998 I r6.6 r7.2 0.6 5.8 4.4 r-0.7
II r5.7 r5.9 0.2 6.0 4.6 r0.4
III r5.4 r4.3 -1.0 6.4 4.9 r1.0
IV r4.5 r3.5 -1.0 5.1 3.7 r0.5
ANNUAL r5.5 r5.2 -0.3 5.8 4.3 r0.3
1999 I r4.8 r3.3 -1.4 4.1 2.5 r-0.7
II r4.9 r4.0 -0.9 3.2 1.2 r-1.6
III r3.0 r3.9 0.8 2.9 0.6 r-0.1
IV r4.9 r3.9 -1.0 5.5 2.8 r0.5
ANNUAL r4.4 r3.8 -0.6 3.9 1.8 r-0.5
2000 I r4.9 4.0 -0.8 9.8 6.4 r4.7
II r4.9 r3.9 -0.9 8.5 5.1 r3.5
III r4.5 r2.7 -1.7 10.0 6.4 r5.3
IV r2.7 r0.1 -2.5 7.8 4.2 r5.0
ANNUAL r4.4 r2.7 -1.6 9.2 5.6 r4.6
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 4. Durable manufacturing sector: Revised productivity, hourly compensation, and
unit labor costs, seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2001 I r156.9 r167.2 106.6 136.3 110.9 r86.9
II r157.8 r163.9 103.9 135.8 109.8 r86.0
III r158.6 r159.7 100.7 135.5 109.2 r85.5
IV r161.4 r155.9 96.6 137.9 111.3 r85.5
ANNUAL r158.6 r161.7 101.9 136.4 110.3 r86.0
2002 I r165.9 r157.1 94.7 141.9 114.1 r85.5
II r169.2 r159.7 94.4 145.0 115.7 r85.7
III r172.7 r161.3 93.4 146.0 115.9 r84.6
IV r176.1 r161.4 91.7 147.3 116.2 r83.7
ANNUAL r170.9 r159.9 93.5 145.0 115.5 r84.8
2003 I r180.0 r162.2 90.1 r153.1 r119.6 r85.0
II r181.8 r161.0 88.6 r155.7 r121.6 r85.7
III r186.8 r162.8 87.1 r157.9 r122.6 r84.5
IV r185.9 r164.2 88.3 r160.5 r124.3 r86.4
ANNUAL r183.6 r162.6 88.5 r156.8 r122.0 r85.4
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2001 I r-2.5 r-9.7 -7.4 2.5 -1.3 r5.1
II r2.5 r-7.6 -9.8 -1.3 -4.1 r-3.7
III r1.9 r-9.9 -11.6 -0.8 -1.9 r-2.7
IV r7.2 r-9.1 -15.2 7.2 7.6 r0.0
ANNUAL r0.5 r-6.7 -7.2 1.6 -1.2 r1.0
2002 I r11.8 r3.0 -7.9 12.1 10.5 r0.2
II r8.2 r7.0 -1.1 9.0 5.8 r0.7
III r8.4 r3.9 -4.2 2.9 0.7 r-5.1
IV r8.1 r0.3 -7.2 3.7 1.3 r-4.1
ANNUAL r7.8 r-1.1 -8.3 6.4 4.7 r-1.3
2003 I r9.2 r2.0 -6.6 r16.5 r12.2 r6.7
II r3.9 r-2.8 -6.5 6.9 6.7 r2.9
III r11.6 r4.4 -6.5 r5.8 r3.3 r-5.2
IV r-2.0 r3.5 5.6 r6.9 r5.7 r9.1
ANNUAL r7.4 r1.7 -5.3 r8.1 r5.7 r0.7
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2001 I r0.0 r-3.3 -3.3 2.2 -1.2 r2.2
II r-0.1 r-6.2 -6.1 3.0 -0.3 r3.1
III r0.6 r-8.1 -8.6 -0.1 -2.7 r-0.7
IV r2.2 r-9.1 -11.1 1.8 0.0 r-0.4
ANNUAL r0.5 r-6.7 -7.2 1.6 -1.2 r1.0
2002 I r5.8 r-6.1 -11.2 4.1 2.9 r-1.6
II r7.2 r-2.5 -9.1 6.7 5.4 r-0.5
III r8.9 r1.0 -7.3 7.7 6.1 r-1.1
IV r9.1 r3.5 -5.1 6.8 4.5 r-2.1
ANNUAL r7.8 r-1.1 -8.3 6.4 4.7 r-1.3
2003 I r8.5 r3.3 -4.8 r7.9 r4.9 r-0.5
II r7.4 r0.8 -6.1 r7.4 r5.1 r0.0
III r8.2 r0.9 -6.7 r8.1 r5.8 r0.0
IV r5.5 r1.7 -3.6 r9.0 r6.9 r3.2
ANNUAL r7.4 r1.7 -5.3 r8.1 r5.7 r0.7
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 4 continued. 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
1998 I r137.0 r152.9 111.6 115.1 101.5 r84.0
II r138.2 r153.4 111.0 116.8 102.7 r84.5
III r141.6 r155.7 109.9 118.1 103.4 r83.4
IV r144.6 r160.9 111.2 118.5 103.4 r82.0
ANNUAL r140.4 r155.7 111.0 117.1 102.7 r83.4
1999 I r147.7 r162.5 110.0 120.0 104.2 r81.2
II r150.0 r165.0 110.0 121.0 104.4 r80.7
III r150.2 r167.5 111.6 122.4 104.8 r81.5
IV r153.2 r169.6 110.7 126.2 107.2 r82.4
ANNUAL r150.3 r166.2 110.6 122.4 105.2 r81.4
2000 I r156.9 r172.9 110.2 133.4 112.3 r85.0
II r157.9 r174.8 110.7 131.9 110.1 r83.5
III r157.6 r173.7 110.2 135.7 112.3 r86.1
IV r157.9 r171.5 108.6 135.4 111.3 r85.8
ANNUAL r157.7 r173.2 109.8 134.2 111.6 r85.1
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
1998 I r6.3 r7.4 1.1 8.7 8.0 r2.3
II r3.6 1.3 -2.2 5.9 4.7 r2.2
III r10.3 r6.1 -3.8 4.5 2.6 r-5.2
IV r8.7 r13.9 4.8 1.6 -0.1 r-6.5
ANNUAL r7.8 r8.3 0.4 5.9 4.4 r-1.8
1999 I r8.9 r4.3 -4.2 5.0 3.3 r-3.6
II r6.2 r6.3 0.0 3.6 0.7 r-2.4
III r0.5 r6.2 5.6 4.6 1.5 r4.1
IV r8.3 r4.9 -3.1 12.9 9.6 r4.2
ANNUAL r7.1 r6.7 -0.3 4.5 2.4 r-2.4
2000 I r9.9 r8.1 -1.7 25.0 20.3 r13.7
II r2.7 r4.4 1.6 -4.5 -7.5 r-7.0
III r-0.8 r-2.4 -1.6 12.1 8.1 r13.0
IV r0.7 r-4.9 -5.6 -0.7 -3.5 r-1.4
ANNUAL r5.0 r4.2 -0.7 9.7 6.1 r4.5
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
1998 I r8.8 r10.5 1.5 5.9 4.5 r-2.7
II r7.6 r8.5 0.9 6.1 4.6 r-1.4
III r7.9 r7.3 -0.5 6.5 5.0 r-1.3
IV r7.2 r7.1 -0.1 5.1 3.8 r-1.9
ANNUAL r7.8 r8.3 0.4 5.9 4.4 r-1.8
1999 I r7.8 r6.3 -1.4 4.2 2.6 r-3.3
II r8.5 r7.6 -0.9 3.7 1.6 r-4.5
III r6.0 r7.6 1.5 3.7 1.4 r-2.2
IV r5.9 r5.4 -0.5 6.5 3.7 r0.5
ANNUAL r7.1 r6.7 -0.3 4.5 2.4 r-2.4
2000 I r6.2 r6.4 0.2 11.2 7.7 r4.7
II r5.3 r5.9 0.6 8.9 5.5 r3.5
III r4.9 r3.7 -1.2 10.9 7.2 r5.6
IV r3.0 r1.2 -1.8 7.4 3.8 r4.2
ANNUAL r5.0 r4.2 -0.7 9.7 6.1 r4.5
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 5. Nondurable manufacturing sector: Revised productivity, hourly compensation, and
unit labor costs, seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit
and hour of of all tion per tion per labor
quarter all persons Output persons hour (1) hour (2) costs
--------------------------------------------------------------------------------------------------
Indexes 1992=100
2001 I r123.1 r111.8 90.8 139.2 113.3 r113.1
II r124.0 r110.6 89.2 138.0 111.6 r111.3
III r124.0 r109.7 88.5 137.9 111.2 r111.3
IV r127.2 r109.7 86.2 139.3 112.4 r109.6
ANNUAL r124.5 r110.5 88.7 138.6 112.1 r111.3
2002 I r129.5 r110.1 85.1 148.1 119.1 r114.4
II r131.4 r111.0 84.5 150.9 120.4 r114.8
III r132.8 r111.2 83.8 153.3 121.6 r115.4
IV r132.5 r110.5 83.4 154.2 121.7 r116.4
ANNUAL r131.5 r110.7 84.2 151.6 120.7 r115.3
2003 I r135.4 r111.2 82.1 r155.8 r121.8 r115.0
II r136.9 r110.7 80.9 r158.5 r123.8 r115.8
III r138.5 r110.5 79.8 r160.6 r124.6 r115.9
IV r139.0 r110.9 79.8 r162.8 r126.1 r117.2
ANNUAL r137.5 r110.8 80.6 r159.4 r124.1 r116.0
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2001 I r-0.3 r-5.5 -5.2 7.9 3.9 r8.2
II r2.8 r-4.2 -6.8 -3.4 -6.0 r-6.0
III r0.0 r-3.2 -3.2 -0.3 -1.4 r-0.3
IV r10.8 r-0.3 -10.0 4.1 4.5 r-6.0
ANNUAL r2.2 -3.2 -5.4 4.0 1.2 r1.8
2002 I r7.4 r1.8 -5.3 27.6 25.9 r18.8
II r6.1 r3.2 -2.7 7.7 4.5 r1.5
III r4.2 r0.6 -3.4 6.5 4.2 r2.2
IV r-0.8 r-2.5 -1.7 2.5 0.1 r3.3
ANNUAL r5.6 r0.2 -5.1 9.4 7.6 r3.5
2003 I r9.2 r2.6 -6.0 r4.2 r0.3 r-4.6
II r4.4 r-1.8 -6.0 r7.2 r7.0 r2.6
III r4.9 r-0.7 -5.3 r5.2 r2.7 r0.3
IV r1.3 r1.4 0.1 r5.8 r4.7 r4.5
ANNUAL r4.5 r0.1 -4.2 r5.2 r2.8 r0.6
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2001 I r2.2 r-2.3 -4.4 6.7 3.2 r4.4
II r1.9 r-3.7 -5.4 5.1 1.7 r3.2
III r2.4 r-3.7 -5.9 3.1 0.5 r0.7
IV 3.2 -3.3 -6.3 2.0 0.2 -1.2
ANNUAL r2.2 -3.2 -5.4 4.0 1.2 r1.8
2002 I r5.2 r-1.5 -6.3 6.4 5.1 r1.2
II r6.0 r0.4 -5.3 9.3 7.9 r3.1
III r7.1 r1.3 -5.4 11.1 9.4 r3.8
IV r4.2 r0.8 -3.3 10.7 8.2 r6.2
ANNUAL r5.6 r0.2 -5.1 9.4 7.6 r3.5
2003 I r4.6 r1.0 -3.5 r5.2 r2.3 r0.6
II r4.2 r-0.3 -4.3 r5.1 r2.8 r0.9
III r4.3 r-0.6 -4.8 r4.7 r2.5 r0.4
IV r4.9 r0.4 -4.3 r5.6 r3.6 r0.7
ANNUAL r4.5 r0.1 -4.2 r5.2 r2.8 r0.6
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 5 continued. 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
1998 I r115.5 r114.2 98.9 117.8 103.9 r102.0
II r115.7 r114.2 98.7 119.6 105.2 r103.4
III r117.1 r113.4 96.9 122.0 106.8 r104.2
IV r115.8 r112.6 97.3 121.8 106.3 r105.2
ANNUAL r116.0 r113.6 97.9 120.3 105.5 r103.7
1999 I r116.3 r113.4 97.5 122.3 106.2 r105.1
II r115.9 r113.3 97.8 122.5 105.6 r105.7
III r116.2 r112.3 96.6 123.6 105.8 r106.4
IV r120.3 r114.9 95.6 125.9 107.0 r104.7
ANNUAL r117.2 r113.5 96.9 123.6 106.2 r105.5
2000 I r120.4 r114.5 95.0 130.5 109.8 r108.3
II r121.7 r114.9 94.4 131.4 109.7 r107.9
III r121.1 r114.0 94.1 133.7 110.7 r110.4
IV r123.2 r113.4 92.0 136.6 112.2 r110.9
ANNUAL r121.8 r114.2 93.7 133.2 110.8 r109.4
--------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
1998 I r4.1 r0.8 -3.2 5.0 4.4 r0.9
II r0.7 r-0.3 -1.0 6.4 5.2 r5.7
III r4.7 r-2.7 -7.1 8.2 6.2 r3.2
IV r-4.2 r-2.6 1.6 -0.5 -2.1 r3.8
ANNUAL r2.6 r1.1 -1.5 5.5 4.0 r2.8
1999 I r1.8 r2.7 0.9 1.4 -0.2 -0.4
II r-1.6 r-0.4 1.2 0.8 -2.1 r2.4
III r1.2 r-3.4 -4.5 3.8 0.7 r2.5
IV r14.7 r9.7 -4.3 7.6 4.5 r-6.2
ANNUAL r1.0 r-0.1 -1.1 2.7 0.6 r1.7
2000 I r0.6 r-1.6 -2.2 15.4 11.1 r14.6
II 4.3 1.4 -2.8 2.7 -0.4 -1.5
III r-2.1 r-3.1 -1.0 7.4 3.5 r9.7
IV r7.3 r-1.9 -8.5 8.9 5.9 r1.5
ANNUAL r4.0 0.6 -3.2 7.8 4.3 r3.7
--------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
1998 I r3.8 r2.9 -0.9 5.4 4.0 r1.5
II r3.3 r2.4 -0.9 5.7 4.2 r2.4
III r2.2 r0.3 -1.8 6.1 4.6 r3.8
IV r1.3 r-1.2 -2.5 4.7 3.3 r3.4
ANNUAL r2.6 r1.1 -1.5 5.5 4.0 r2.8
1999 I r0.7 r-0.8 -1.5 3.8 2.2 r3.0
II r0.1 r-0.8 -0.9 2.4 0.4 r2.2
III r-0.7 r-1.0 -0.2 1.3 -0.9 r2.1
IV r3.8 r2.0 -1.7 3.3 0.7 r-0.5
ANNUAL r1.0 r-0.1 -1.1 2.7 0.6 r1.7
2000 I r3.5 r0.9 -2.5 6.7 3.4 r3.1
II r5.1 r1.4 -3.5 7.3 3.9 r2.1
III r4.2 r1.5 -2.6 8.2 4.6 r3.8
IV 2.5 -1.3 -3.7 8.5 4.9 5.9
ANNUAL r4.0 0.6 -3.2 7.8 4.3 r3.7
--------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 6. Nonfinancial corporate sector: Revised productivity, hourly compensation, unit labor costs, unit profits, and prices, seasonally adjusted
Output Hourly Real Unit Total Unit Implicit
Year per all- compen- hourly Unit non- unit pro- price
and employee Employee sation compen- labor labor costs fits deflator
quarter hour Output hours (1) sation(2) costs costs(6) (7) (8) (4)
----------------------------------------------------------------------------------------------------------
Indexes 1992=100
2001 I r123.7 151.9 r122.8 r136.7 r111.2 110.5 109.2 110.2 87.4 108.1
II r124.6 151.1 r121.3 r138.0 r111.5 110.8 111.6 111.0 86.9 108.9
III r124.9 149.4 r119.6 r139.2 r112.2 111.5 114.1 112.2 79.0 109.2
IV r125.7 148.2 r117.9 r140.7 r113.5 111.9 115.7 113.0 75.5 109.6
ANNUAL r124.7 150.2 r120.4 r138.6 r112.1 111.2 112.6 111.6 82.2 108.9
2002 I r127.3 149.3 r117.2 r141.6 r113.9 111.2 113.0 111.7 85.8 109.4
II r129.4 151.3 r117.0 r143.5 r114.5 111.0 110.7 110.9 94.5 109.4
III r130.6 152.2 r116.5 r144.5 r114.6 110.6 110.0 110.5 100.3 109.5
IV r131.7 153.0 r116.2 r144.9 r114.3 110.1 109.6 110.0 111.2 110.1
ANNUAL r129.7 151.5 r116.7 r143.6 r114.3 110.7 110.8 110.7 98.0 109.6
2003 I r131.9 r152.1 r115.3 r146.2 r114.2 r110.8 r112.7 r111.3 r103.0 r110.6
II r133.6 r153.4 r114.8 r148.8 r116.2 r111.4 r111.2 r111.3 r105.9 r110.8
III r135.7 r155.7 r114.7 r150.8 r117.1 r111.1 r110.8 r111.0 r112.9 r111.2
IV r136.6 r157.5 r115.3 r152.0 r117.7 r111.3 r110.0 r110.9 r117.8 r111.6
ANNUAL r134.5 r154.7 r115.0 r149.4 r116.3 r111.1 r111.2 r111.2 r110.0 r111.0
----------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2001 I r1.5 -1.1 r-2.5 r3.5 r-0.4 1.9 10.5 4.1 -34.1 0.6
II r2.9 -2.2 r-5.0 r3.9 r1.0 0.9 9.2 3.1 -2.5 2.7
III r1.0 -4.4 r-5.3 r3.6 r2.5 2.6 8.9 4.3 -31.8 1.3
IV r2.7 -3.0 r-5.6 r4.4 r4.8 1.6 5.9 2.8 -16.3 1.4
ANNUAL r1.8 -0.9 r-2.7 r4.3 r1.4 2.4 8.1 3.9 -24.3 1.3
2002 I r5.3 2.9 r-2.3 r2.6 r1.2 -2.6 -9.0 -4.4 66.8 -0.8
II r6.5 5.6 r-0.8 r5.4 r2.4 -0.9 -7.9 -2.9 46.9 0.1
III r3.9 2.3 r-1.5 r2.6 r0.3 -1.2 -2.4 -1.6 27.0 0.5
IV r3.3 2.0 r-1.2 r1.3 r-1.0 -1.9 -1.6 -1.8 50.9 1.9
ANNUAL r4.0 0.9 r-3.1 r3.6 r2.0 -0.4 -1.6 -0.7 19.2 0.6
2003 I r0.8 r-2.2 r-3.0 r3.5 r-0.4 2.6 r11.8 r5.0 r-26.2 r1.9
II r5.2 r3.4 r-1.8 r7.4 r7.2 r2.1 r-5.4 r0.0 r11.5 r0.9
III r6.4 r6.1 r-0.3 r5.5 r2.9 r-0.9 r-1.2 r-1.0 r29.3 r1.4
IV 2.5 r4.6 r2.0 r3.1 r2.0 r0.6 r-2.8 r-0.3 r18.5 r1.3
ANNUAL r3.6 r2.1 r-1.5 4.0 r1.7 r0.4 r0.3 r0.4 r12.2 1.3
----------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2001 I r2.0 1.1 r-0.8 r4.7 r1.2 2.6 7.2 3.8 -23.7 1.2
II r2.1 0.0 r-2.1 r5.0 r1.6 2.8 7.8 4.1 -25.0 1.3
III r1.6 -2.0 r-3.5 r3.9 r1.2 2.3 8.8 4.0 -26.5 1.3
IV r2.0 -2.7 r-4.6 r3.8 r2.0 1.8 8.6 3.6 -22.2 1.5
ANNUAL r1.8 -0.9 r-2.7 r4.3 r1.4 2.4 8.1 3.9 -24.3 1.3
2002 I r3.0 -1.7 r-4.6 r3.6 r2.4 0.6 3.5 1.4 -1.9 1.2
II r3.8 0.2 r-3.5 r4.0 r2.7 0.2 -0.8 -0.1 8.7 0.5
III r4.6 1.9 r-2.6 r3.8 r2.2 -0.8 -3.5 -1.5 27.0 0.3
IV r4.7 3.2 r-1.5 r3.0 r0.7 -1.7 -5.3 -2.7 47.2 0.4
ANNUAL r4.0 0.9 r-3.1 r3.6 r2.0 -0.4 -1.6 -0.7 19.2 0.6
2003 I 3.6 r1.9 r-1.6 3.2 r0.3 -0.4 r-0.3 r-0.3 r20.1 r1.1
II r3.3 r1.4 r-1.9 3.7 1.5 r0.4 r0.4 r0.4 r12.1 1.3
III r3.9 r2.3 r-1.6 r4.4 r2.1 r0.5 0.7 r0.5 r12.6 r1.5
IV r3.7 r2.9 r-0.8 r4.9 r2.9 r1.1 r0.4 r0.9 r6.0 r1.4
ANNUAL r3.6 r2.1 r-1.5 4.0 r1.7 r0.4 r0.3 r0.4 r12.2 1.3
----------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 6 continued. Nonfinancial corporate sector: Revised productivity, hourly compensation, unit labor costs, unit profits, and prices, seasonally adjusted
Output Hourly Real Unit Total Unit Implicit
Year per all- compen- hourly Unit non- unit pro- price
and employee Employee sation compen- labor labor costs fits deflator
quarter hour Output hours (1) sation(2) costs costs(6) (7) (8) (4)
----------------------------------------------------------------------------------------------------------
Indexes 1992=100
1998 I r111.9 132.9 r118.7 r116.2 r102.5 103.8 99.1 102.5 139.7 105.9
II r113.1 134.7 r119.1 r117.7 r103.5 104.0 99.1 102.7 136.6 105.8
III r114.8 137.0 r119.4 r119.4 r104.6 104.0 99.1 102.7 139.8 106.0
IV r114.8 138.6 r120.8 r120.0 r104.7 104.6 100.5 103.5 132.2 106.1
ANNUAL r113.7 135.8 r119.5 r118.3 r103.8 104.1 99.5 102.9 137.0 105.9
1999 I r117.0 141.6 r121.1 r123.1 r106.9 105.2 99.2 103.6 133.3 106.3
II r117.6 143.2 r121.8 r123.4 r106.4 104.9 99.7 103.5 133.6 106.2
III r117.7 144.4 r122.7 r124.1 r106.2 105.5 101.0 104.3 126.2 106.2
IV r119.1 146.9 r123.3 r125.9 r107.0 105.7 101.5 104.6 123.4 106.3
ANNUAL r117.9 144.0 r122.2 r124.1 r106.6 105.3 100.4 104.0 129.1 106.2
2000 I r121.3 150.3 r123.9 r130.6 r109.9 107.7 101.9 106.1 114.6 106.9
II r122.0 151.1 r123.9 r131.4 r109.7 107.7 103.5 106.6 115.9 107.4
III r122.9 152.4 r124.0 r134.0 r110.8 109.0 104.8 107.9 107.4 107.8
IV r123.2 152.3 r123.6 r135.5 r111.3 110.0 106.5 109.1 97.0 108.0
ANNUAL r122.4 151.5 r123.7 r133.0 r110.5 108.6 104.2 107.4 108.7 107.5
----------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
1998 I r2.3 4.2 r1.9 r9.3 r8.6 6.8 -0.2 5.0 -30.8 -0.3
II r4.2 5.6 r1.4 r5.2 r4.0 1.0 0.0 0.7 -8.5 -0.4
III r6.2 7.1 r0.9 r6.0 r4.1 -0.2 0.0 -0.1 9.6 1.0
IV r-0.1 4.6 r4.8 r2.0 r0.4 2.2 5.8 3.1 -19.9 0.2
ANNUAL r3.4 5.7 r2.2 r5.9 r4.4 2.4 -0.2 1.7 -11.2 0.0
1999 I r7.8 8.9 r1.0 r10.6 r8.9 2.6 -5.4 0.5 3.5 0.8
II r2.2 4.7 r2.4 r0.9 r-1.9 -1.3 2.3 -0.4 0.7 -0.2
III r0.3 3.2 r2.9 r2.5 r-0.6 2.2 5.1 2.9 -20.4 0.1
IV r4.9 7.2 r2.2 r6.0 r2.9 1.0 2.2 1.3 -8.6 0.2
ANNUAL r3.7 6.0 r2.3 r4.9 r2.7 1.2 0.9 1.1 -5.8 0.3
2000 I r7.4 9.5 r1.9 r15.6 r11.3 7.6 1.4 5.9 -25.5 2.3
II r2.4 2.3 r-0.2 r2.6 r-0.6 0.1 6.6 1.8 4.7 2.1
III r3.0 3.4 r0.4 r8.0 r4.1 4.9 5.0 4.9 -26.2 1.5
IV r1.0 -0.2 r-1.1 r4.7 r1.8 3.7 6.7 4.5 -33.4 0.6
ANNUAL r3.9 5.2 r1.3 r7.1 r3.7 3.1 3.8 3.3 -15.8 1.2
----------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
1998 I r3.2 6.0 r2.7 r5.3 r3.8 2.0 -1.1 1.2 -8.5 -0.1
II r3.5 5.9 r2.2 r6.1 r4.6 2.4 -0.8 1.6 -10.7 0.0
III r3.8 5.7 r1.8 r6.7 r5.2 2.8 -0.6 1.9 -11.8 0.1
IV r3.1 5.4 r2.2 r5.6 r4.2 2.4 1.4 2.1 -13.7 0.1
ANNUAL r3.4 5.7 r2.2 r5.9 r4.4 2.4 -0.2 1.7 -11.2 0.0
1999 I r4.5 6.5 r2.0 r5.9 r4.3 1.4 0.0 1.0 -4.5 0.4
II r4.0 6.3 r2.2 r4.8 r2.8 0.8 0.6 0.8 -2.2 0.4
III r2.5 5.3 r2.8 r4.0 r1.6 1.4 1.9 1.5 -9.7 0.2
IV r3.8 6.0 r2.1 r4.9 r2.2 1.1 1.0 1.1 -6.7 0.2
ANNUAL r3.7 6.0 r2.3 r4.9 r2.7 1.2 0.9 1.1 -5.8 0.3
2000 I r3.7 6.1 r2.4 r6.1 r2.8 2.3 2.8 2.4 -14.1 0.6
II r3.8 5.5 r1.7 r6.5 r3.2 2.7 3.8 3.0 -13.2 1.1
III r4.4 5.6 r1.1 r7.9 r4.3 3.3 3.8 3.5 -14.9 1.5
IV r3.4 3.7 r0.3 r7.6 r4.0 4.0 4.9 4.3 -21.3 1.6
ANNUAL r3.9 5.2 r1.3 r7.1 r3.7 3.1 3.8 3.3 -15.8 1.2
----------------------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 7. Manufacturing sector: Productivity, hourly compensation, and unit labor costs,
Indexes 1992=100
Real
Output per Hours Compensa- compensa- Unit
hour of of all tion per tion per labor
Year all persons Output persons hour (1) hour (2) costs
-----------------------------------------------------------------------------------------------
1987 r89.2 r92.5 103.8 81.3 98.0 r91.2
1988 r91.0 r97.4 107.0 84.1 97.8 r92.4
1989 r92.0 r99.0 107.6 86.6 96.6 r94.2
1990 r93.9 r98.6 105.0 90.5 96.1 r96.3
1991 r96.3 r96.8 100.5 95.6 98.0 r99.2
1992 100.0 100.0 100.0 100.0 100.0 100.0
1993 r102.5 r103.9 101.4 102.0 99.5 r99.6
1994 r106.1 r110.0 103.8 105.3 100.6 r99.3
1995 r110.7 r115.8 104.6 107.3 100.1 r96.9
1996 r115.0 r119.8 104.2 109.3 99.3 r95.1
1997 r121.2 r128.6 106.0 112.2 99.8 r92.6
1998 r127.9 r135.3 105.7 118.8 104.2 r92.8
1999 r133.6 r140.3 105.1 123.4 106.0 r92.4
2000 r139.4 r144.1 103.4 134.7 112.0 r96.7
2001 r141.5 r136.8 96.6 137.9 111.5 r97.4
2002 r151.4 r135.9 89.8 147.8 117.7 r97.6
2003 r160.8 r137.3 85.4 r158.2 r123.2 r98.4
2004 r163.8 r139.1 84.9 r161.4 r122.3 r98.5
2005 r170.5 r143.3 84.0 r168.8 r123.8 r99.0
-----------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 8. Durable manufacturing sector: Productivity, hourly compensation,
and unit labor costs,
Indexes 1992=100
Real
Output per Hours Compensa- compensa- Unit
hour of of all tion per tion per labor
Year all persons Output persons hour (1) hour (2) costs
-----------------------------------------------------------------------------------------------
1987 r88.5 r94.3 106.5 81.3 97.9 r91.8
1988 r90.5 r100.1 110.6 83.6 97.2 r92.4
1989 r91.1 r101.1 111.0 85.9 95.8 r94.3
1990 r92.9 r99.8 107.4 89.5 95.0 r96.3
1991 r94.6 r96.0 101.4 94.9 97.3 r100.3
1992 100.0 100.0 100.0 100.0 100.0 100.0
1993 r103.9 r105.4 101.4 101.9 99.4 r98.1
1994 r109.0 r114.2 104.7 105.4 100.7 r96.7
1995 r115.6 r123.2 106.6 106.7 99.5 r92.3
1996 r121.9 r130.8 107.3 108.1 98.2 r88.6
1997 r130.2 r143.8 110.5 110.6 98.4 r85.0
1998 r140.4 r155.7 111.0 117.1 102.7 r83.4
1999 r150.3 r166.2 110.6 122.4 105.2 r81.4
2000 r157.7 r173.2 109.8 134.2 111.6 r85.1
2001 r158.6 r161.7 101.9 136.4 110.3 r86.0
2002 r170.9 r159.9 93.5 145.0 115.5 r84.8
2003 r183.6 r162.6 88.5 r156.8 r122.0 r85.4
2004 r185.7 r165.4 89.1 r157.9 r119.7 r85.0
2005 r195.4 r173.9 89.0 r164.1 r120.3 r83.9
-----------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
Appendix table 9. Nondurable manufacturing sector: Productivity, hourly compensation,
and unit labor costs,
Indexes 1992=100
Real
Output per Hours Compensa- compensa- Unit
hour of of all tion per tion per labor
Year all persons Output persons hour (1) hour (2) costs
-----------------------------------------------------------------------------------------------
1987 r91.5 r91.2 99.7 80.8 97.4 r88.3
1988 r93.3 r94.7 101.5 84.2 98.0 r90.3
1989 r94.2 r96.7 102.7 87.1 97.2 r92.6
1990 r96.0 r97.3 101.4 91.7 97.4 r95.5
1991 r98.2 r97.4 99.2 96.5 98.9 r98.3
1992 100.0 100.0 100.0 100.0 100.0 100.0
1993 r101.0 r102.4 101.4 102.3 99.8 r101.3
1994 r103.3 r105.7 102.3 104.7 100.1 r101.4
1995 r106.0 r107.7 101.6 107.8 100.6 r101.6
1996 r108.4 r107.9 99.5 110.8 100.7 r102.2
1997 r113.0 r112.4 99.4 114.1 101.5 r100.9
1998 r116.0 r113.6 97.9 120.3 105.5 r103.7
1999 r117.2 r113.5 96.9 123.6 106.2 r105.5
2000 r121.8 r114.2 93.7 133.2 110.8 r109.4
2001 r124.5 r110.5 88.7 138.6 112.1 r111.3
2002 r131.5 r110.7 84.2 151.6 120.7 r115.3
2003 r137.5 r110.8 80.6 r159.4 r124.1 r116.0
2004 r142.0 r111.8 78.7 r166.1 r125.9 r117.0
2005 r146.3 r112.2 76.7 r175.7 r128.9 r120.1
-----------------------------------------------------------------------------------------------
See footnotes following Table 6. August 8, 2006
r=revised Source: Bureau of Labor Statistics
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