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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)

2019 ANNUAL    1.9 r       2.7        0.8 r      3.7 r      1.8 r      1.7 r      0.9 r      1.4  

2019 IV        1.0 r       2.4        1.4 r      1.9 r     -0.5 r      0.9 r      1.0 r      0.9 r
     III      -0.4 r       2.4        2.7 r     -0.1 r     -1.9 r      0.3 r      2.5 r      1.2  
     II        2.9 r       2.0       -0.8 r      2.9 r     -0.1        0.1        7.0        3.0  
     I         3.9 r       3.9        0.1 r      9.8 r      8.8 r      5.7       -7.3 r     -0.1  

2018 ANNUAL    1.4 r       3.4        1.9 r      3.3 r      0.9 r      1.9        2.8        2.3  

2018 IV        0.4 r       1.2        0.9 r      0.9 r     -0.6 r      0.6 r      2.1        1.2  
     III       1.2 r       3.4        2.2 r      3.0 r      1.0 r      1.8 r      1.1        1.5  
     II        2.6 r       4.0        1.3 r      1.0 r     -1.2 r     -1.6 r     10.8        3.6  
     I         1.3         2.9        1.6        4.7        1.4        3.4        0.1        2.0  

2017 ANNUAL    1.4 r       2.8        1.4 r      3.5        1.3        2.1        1.2        1.7  

2017 IV        0.1         4.1        4.1 r      4.4        1.2        4.3        0.7        2.7  
     III       3.3 r       4.0        0.6 r      4.8 r      2.7 r      1.5        2.9        2.1  
     II        0.5 r       2.6        2.1 r      2.2 r      1.7        1.7        0.3        1.1  
     I         0.7 r       2.6        1.9 r      3.7 r      0.9 r      2.9        0.1        1.7  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2019 ANNUAL    1.9 r       2.7        0.8 r      3.7 r      1.8 r      1.7 r      0.9 r      1.4  

2019 IV        1.8         2.7        0.8 r      3.6 r      1.5 r      1.7 r      0.7 r      1.3  
     III       1.7 r       2.4        0.7 r      3.3 r      1.5 r      1.6 r      0.9 r      1.3  
     II        2.1 r       2.7        0.6 r      4.1 r      2.2 r      2.0        0.6        1.4  
     I         2.0 r       3.1        1.1 r      3.6 r      1.9 r      1.6 r      1.5        1.5  

2018 ANNUAL    1.4 r       3.4        1.9 r      3.3 r      0.9 r      1.9        2.8        2.3  

2018 IV        1.4 r       2.9        1.5 r      2.4 r      0.2 r      1.0        3.4 r      2.1  
     III       1.3 r       3.6        2.3 r      3.2 r      0.6 r      1.9        3.1        2.4  
     II        1.8         3.7        1.9        3.7        1.0        1.9        3.5        2.6  
     I         1.3         3.4        2.1        4.0        1.8        2.7        1.0        2.0  

2017 ANNUAL    1.4 r       2.8        1.4 r      3.5        1.3        2.1        1.2        1.7  

2017 IV        1.1         3.3        2.2        3.8 r      1.6        2.6        1.0        1.9  
     III       1.7         2.9        1.2        4.0        1.9        2.2        0.9        1.6  
     II        1.3         2.6        1.3        3.3        1.3        2.0        0.7        1.4  
     I         1.3         2.5        1.1 r      3.0        0.4        1.7        2.2        1.9  
---------------------------------------------------------------------------------------------------
                                         Indexes 2012=100

2019 ANNUAL  108.1 r     121.6      112.5 r    120.1 r    107.6 r    111.1 r    109.1 r    110.2 r

2019 IV      108.4 r     122.6 r    113.1 r    120.7 r    107.2 r    111.3 r    110.1 r    110.8 r
     III     108.2 r     121.9      112.7 r    120.1 r    107.4 r    111.1 r    109.8 r    110.5  
     II      108.3 r     121.2      111.9 r    120.1 r    107.9 r    111.0 r    109.1 r    110.2  
     I       107.5 r     120.6      112.2 r    119.3 r    107.9 r    111.0 r    107.3 r    109.4  

2018 ANNUAL  106.1 r     118.3      111.6 r    115.8 r    105.7 r    109.2 r    108.1 r    108.7  

2018 IV      106.5 r     119.4      112.1 r    116.5 r    105.6 r    109.4 r    109.3 r    109.4  
     III     106.4 r     119.0      111.9 r    116.3 r    105.8 r    109.3 r    108.8 r    109.1  
     II      106.1 r     118.0      111.3 r    115.4 r    105.5 r    108.8 r    108.5 r    108.7  
     I       105.4 r     116.9      110.9 r    115.1 r    105.9 r    109.2 r    105.7 r    107.7  

2017 ANNUAL  104.6       114.4      109.4 r    112.1 r    104.8 r    107.2      105.2      106.3  

2017 IV      105.0 r     116.1      110.5 r    113.8 r    105.5 r    108.3 r    105.7 r    107.2  
     III     105.0 r     114.9      109.4 r    112.6 r    105.2 r    107.2      105.5 r    106.5  
     II      104.2 r     113.8      109.2 r    111.3 r    104.5 r    106.8 r    104.8 r    105.9  
     I       104.1 r     113.1      108.6 r    110.7 r    104.0 r    106.4      104.7 r    105.6  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                      March 5, 2020
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: March 05, 2020