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)

2018 I         1.1         2.8        1.6        3.9        0.4        2.8        0.2        1.6  

2017 ANNUAL    1.2         2.7        1.5        1.7       -0.4 r      0.5        3.0        1.6  

2017 IV       -0.4 r       3.6 r      4.1 r      1.7       -1.6 r      2.1 r      2.7 r      2.4  
     III       3.2         3.9        0.7        4.2 r      2.0 r      0.9        3.2        1.9  
     II        1.6         3.7        2.1 r      0.6 r      0.5 r     -1.0        2.8        0.6  
     I        -0.7         1.4        2.0 r      4.4 r      1.4 r      5.1       -3.0        1.5  

2016 ANNUAL    0.1         1.6        1.5        1.1       -0.2        1.0        1.0        1.0  

2016 IV        1.9 r       2.2        0.3       -3.7 r     -6.3 r     -5.5       13.3        2.2  
     III       2.6         3.3        0.7        2.8 r      0.9        0.1        2.5        1.1  
     II        0.8 r       2.6        1.8 r      4.5        1.7 r      3.7        0.0        2.1  
     I        -1.0         0.4        1.4       -3.7       -3.6 r     -2.8        5.1        0.5  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2018 I         1.4         3.5        2.1        2.6        0.3        1.2        2.2        1.6  

2017 ANNUAL    1.2         2.7        1.5        1.7       -0.4 r      0.5        3.0        1.6  

2017 IV        0.9 r       3.2 r      2.2        2.7        0.6 r      1.7 r      1.4 r      1.6  
     III       1.5         2.8        1.3        1.3 r     -0.7       -0.2        3.9        1.6  
     II        1.4 r       2.6        1.3        0.9       -0.9 r     -0.4        3.7        1.4  
     I         1.1         2.4        1.2 r      1.9       -0.6 r      0.8        3.0        1.7  

2016 ANNUAL    0.1         1.6        1.5        1.1       -0.2        1.0        1.0        1.0  

2016 IV        1.1 r       2.1        1.0 r     -0.1 r     -1.9       -1.2        5.1        1.5  
     III      -0.1 r       1.6        1.8        1.9 r      0.7        2.0       -0.6        0.9  
     II       -0.4         1.2        1.6        1.4        0.3        1.9       -0.4        0.9  
     I        -0.2         1.4        1.6        1.3        0.2        1.5        0.0        0.8  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2018 I       109.0       126.1      115.7      119.9      102.8      110.0      118.1      113.4  

2017 ANNUAL  108.2 r     123.6 r    114.1 r    117.7 r    102.8 r    108.7 r    116.9 r    112.1 r

2017 IV      108.7 r     125.3 r    115.2 r    118.7 r    102.7 r    109.2 r    118.1 r    112.9 r
     III     108.8 r     124.1      114.1 r    118.2 r    103.1 r    108.6 r    117.3 r    112.3  
     II      107.9 r     123.0      113.9 r    117.0 r    102.6 r    108.4 r    116.4 r    111.7  
     I       107.5 r     121.8      113.3 r    116.8 r    102.5 r    108.7 r    115.6 r    111.6  

2016 ANNUAL  106.9 r     120.3      112.5 r    115.7 r    103.2 r    108.2 r    113.4 r    110.4  

2016 IV      107.7 r     121.4      112.7 r    115.6 r    102.2 r    107.3 r    116.5 r    111.2  
     III     107.2 r     120.8      112.7 r    116.7 r    103.8 r    108.9 r    112.9 r    110.5  
     II      106.5 r     119.8      112.5 r    115.9 r    103.6 r    108.8 r    112.2 r    110.2  
     I       106.3 r     119.0      112.0 r    114.6 r    103.2 r    107.8 r    112.2 r    109.7  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                        May 3, 2018
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: May 03, 2018