Table 1. Business sector: Labor productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted



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)

2017 ANNUAL    1.2         2.7        1.5        1.7 r     -0.5 r      0.5 r      3.0 r      1.6  

2017 IV       -0.8 r       3.1        4.0 r      1.7 r     -2.0 r      2.5 r      2.1 r      2.4  
     III       3.2 r       3.9        0.7 r      4.1 r      2.1 r      0.9 r      3.2 r      1.9  
     II        1.6 r       3.7        2.2 r      0.5 r      0.8 r     -1.0        2.8        0.6  
     I        -0.7 r       1.4        2.1        4.3        1.1        5.1       -3.0        1.5  

2016 ANNUAL    0.1 r       1.6        1.5 r      1.1 r     -0.2        1.0        1.0        1.0  

2016 IV        1.8 r       2.2        0.3 r     -3.8 r     -6.6 r     -5.5       13.3        2.2  
     III       2.6 r       3.3        0.7 r      2.7 r      0.9 r      0.1        2.5        1.1  
     II        0.7 r       2.6        1.9 r      4.5 r      2.1 r      3.7        0.0        2.1  
     I        -1.0 r       0.4        1.4 r     -3.7 r     -3.8 r     -2.8        5.1 r      0.5  

2015 ANNUAL    1.1 r       3.5        2.3        2.9        2.8        1.7       -0.8        0.6  

2015 IV       -2.9 r       0.2        3.2 r      4.1 r      3.7 r      7.1 r     -9.2 r     -0.2  
     III       1.5 r       1.6        0.1 r      1.1 r     -0.5 r     -0.4        3.2 r      1.1  
     II        1.6         3.3        1.6 r      3.9        1.6 r      2.3        1.6        2.0  
     I         2.7 r       4.0        1.3 r      3.3 r      6.0 r      0.6 r     -2.4       -0.7  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2017 ANNUAL    1.2         2.7        1.5        1.7 r     -0.5 r      0.5 r      3.0 r      1.6  

2017 IV        0.8         3.0        2.2 r      2.7 r      0.5 r      1.8 r      1.3 r      1.6  
     III       1.5         2.8        1.3        1.2 r     -0.7 r     -0.2 r      3.9 r      1.6  
     II        1.3         2.6        1.3        0.9       -1.0       -0.4        3.7        1.4  
     I         1.1         2.4        1.3 r      1.9       -0.7        0.8        3.0        1.7  

2016 ANNUAL    0.1 r       1.6        1.5 r      1.1 r     -0.2        1.0        1.0        1.0  

2016 IV        1.0         2.1        1.1       -0.2 r     -1.9       -1.2        5.1        1.5  
     III      -0.2 r       1.6        1.8        1.8 r      0.7        2.0       -0.6        0.9  
     II       -0.4         1.2        1.6        1.4 r      0.3 r      1.9       -0.4        0.9  
     I        -0.2         1.4        1.6 r      1.3        0.2        1.5        0.0        0.8  

2015 ANNUAL    1.1 r       3.5        2.3        2.9        2.8        1.7       -0.8        0.6  

2015 IV        0.7         2.3        1.5 r      3.1        2.7 r      2.4       -1.9        0.5  
     III       0.9         2.8        1.9        3.2        3.0        2.3       -1.6        0.6  
     II        1.4         4.1        2.7        3.5        3.4 r      2.1       -1.1        0.7  
     I         1.6         4.8        3.1        1.9        2.0 r      0.3        1.5        0.8  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2017 ANNUAL  108.1 r     123.5 r    114.2 r    117.6 r    102.9 r    108.7 r    116.8 r    112.1 r

2017 IV      108.5 r     125.1 r    115.3 r    118.6 r    102.8 r    109.3 r    117.9 r    112.9 r
     III     108.7 r     124.1      114.2 r    118.1 r    103.3 r    108.6 r    117.3 r    112.3  
     II      107.9 r     123.0      114.0 r    116.9 r    102.8 r    108.4 r    116.4 r    111.7  
     I       107.5 r     121.8      113.4 r    116.8 r    102.6 r    108.7 r    115.6 r    111.6  

2016 ANNUAL  106.9 r     120.3      112.5 r    115.7 r    103.4 r    108.2 r    113.4 r    110.4  

2016 IV      107.6 r     121.4      112.8 r    115.5 r    102.3 r    107.3 r    116.5 r    111.2  
     III     107.2 r     120.8      112.7 r    116.7 r    104.1 r    108.9 r    112.9 r    110.5  
     II      106.5       119.8      112.5      115.9 r    103.9 r    108.8      112.2      110.2  
     I       106.3 r     119.0      112.0 r    114.6 r    103.3 r    107.8 r    112.2 r    109.7  

2015 ANNUAL  106.8 r     118.4      110.8 r    114.4 r    103.6 r    107.1 r    112.3 r    109.3  

2015 IV      106.5 r     118.9      111.6 r    115.7 r    104.3 r    108.6 r    110.8 r    109.5  
     III     107.3 r     118.8      110.7 r    114.6 r    103.4 r    106.7 r    113.5 r    109.6  
     II      106.9 r     118.4      110.7 r    114.3 r    103.5 r    106.9 r    112.6 r    109.3  
     I       106.5 r     117.4      110.2 r    113.2 r    103.1 r    106.3 r    112.2 r    108.7  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                      March 7, 2018
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: March 07, 2018