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 I         3.7         4.1        0.4        2.8        1.9       -0.8        0.6       -0.2  

2018 ANNUAL    1.4         3.4 r      2.0 r      2.9 r      0.4        1.5 r      3.2 r      2.2  

2018 IV        1.2 r       2.6 r      1.4 r      3.6        2.1        2.4 r      0.7 r      1.6 r
     III       1.5 r       3.9        2.4 r      3.2        1.2        1.8        0.3        1.1  
     II        3.5 r       5.1        1.5 r      0.4 r     -1.7 r     -3.0       12.8        3.6  
     I         0.9         2.5        1.5 r      4.7 r      1.4 r      3.7       -0.5        1.9  

2017 ANNUAL    1.1         2.6        1.5        3.4        1.3 r      2.3        1.0        1.7  

2017 IV       -1.1 r       2.9        4.0 r      1.2 r     -1.9 r      2.4 r      3.6 r      2.9  
     III       2.8         3.5        0.6 r      5.7 r      3.5 r      2.8        0.9        2.0  
     II        1.6         3.7        2.0 r      1.4 r      1.0 r     -0.3        2.3        0.8  
     I        -0.1 r       1.9        2.0        4.1 r      1.2 r      4.2       -1.3        1.8  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2019 I         2.4         3.9        1.4        2.5        0.8        0.1        3.5        1.5  

2018 ANNUAL    1.4         3.4 r      2.0 r      2.9 r      0.4        1.5 r      3.2 r      2.2  

2018 IV        1.8 r       3.5 r      1.7        3.0 r      0.7        1.2 r      3.2 r      2.1  
     III       1.2 r       3.6        2.4        2.4 r     -0.2 r      1.2        3.9        2.4  
     II        1.5 r       3.5        1.9 r      3.0 r      0.3 r      1.4        4.1        2.6  
     I         1.1 r       3.1        2.0 r      3.2 r      1.0        2.1        1.6        1.9  

2017 ANNUAL    1.1         2.6        1.5        3.4        1.3 r      2.3        1.0        1.7  

2017 IV        0.8 r       3.0        2.2        3.1 r      0.9        2.3        1.4        1.9  
     III       1.6 r       2.8        1.2        4.2 r      2.2 r      2.6        0.3        1.6  
     II        1.2         2.5        1.2 r      3.4 r      1.4        2.1        0.5        1.4  
     I         1.0         2.2        1.2        3.1        0.5        2.1        1.8        2.0  
---------------------------------------------------------------------------------------------------
                                         Indexes 2012=100

2019 I       107.2       120.6      112.5      117.3      106.1      109.4      109.6      109.5  

2018 ANNUAL  105.6 r     117.9 r    111.7 r    115.2 r    105.1 r    109.1 r    108.5 r    108.8 r

2018 IV      106.2 r     119.4 r    112.4 r    116.5 r    105.6 r    109.6 r    109.4 r    109.6 r
     III     105.9 r     118.6      112.0 r    115.4 r    105.1 r    109.0 r    109.3 r    109.1  
     II      105.5 r     117.5      111.3 r    114.5 r    104.7 r    108.5 r    109.2 r    108.8  
     I       104.6 r     116.0      110.9 r    114.4 r    105.2 r    109.3 r    105.9 r    107.9  

2017 ANNUAL  104.1 r     114.0      109.5 r    112.0 r    104.7 r    107.5 r    105.1 r    106.5  

2017 IV      104.4 r     115.3      110.5 r    113.1 r    104.8 r    108.3 r    106.1 r    107.4  
     III     104.7 r     114.5      109.4 r    112.7 r    105.3 r    107.7 r    105.1 r    106.6  
     II      103.9 r     113.5      109.2 r    111.2 r    104.4 r    107.0 r    104.9 r    106.1  
     I       103.5 r     112.5      108.7 r    110.8 r    104.2 r    107.1 r    104.3 r    105.8  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                        May 2, 2019
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: May 02, 2019