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 II        1.3 r       3.7 r      2.4        1.8 r      2.1 r      0.5 r      0.7 r      0.6  
     I        -0.8         1.4        2.1        4.3 r      1.1 r      5.1 r     -3.0 r      1.5  

2016 ANNUAL    0.0         1.6        1.6        1.0 r     -0.2 r      1.0 r      1.0 r      1.0  

2016 IV        2.0         2.2        0.2       -3.7 r     -6.5 r     -5.5 r     13.3 r      2.2  
     III       2.7         3.3        0.6        2.8 r      1.0 r      0.1 r      2.5 r      1.1  
     II        0.6         2.6        2.0        4.4 r      2.0 r      3.7 r      0.0 r      2.1  
     I        -1.1         0.4        1.5       -3.8 r     -3.9 r     -2.8 r      5.2 r      0.5  

2015 ANNUAL    1.2         3.5        2.3        2.9 r      2.8        1.7 r     -0.8        0.6  

2015 IV       -2.7         0.2        3.0        4.3        3.9        7.2       -9.3       -0.2  
     III       1.6         1.6        0.0        1.2 r     -0.3 r     -0.4 r      3.1 r      1.1  
     II        1.6         3.3        1.7        3.9 r      1.5 r      2.3 r      1.6 r      2.0  
     I         2.4         4.0        1.5        3.0 r      5.6 r      0.5 r     -2.4 r     -0.7  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2017 II        1.3 r       2.6 r      1.3        1.3 r     -0.6 r      0.0        3.2        1.3 r
     I         1.1         2.4        1.2        1.9 r     -0.7 r      0.8        3.0 r      1.7  

2016 ANNUAL    0.0         1.6        1.6        1.0 r     -0.2 r      1.0 r      1.0 r      1.0  

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

2015 ANNUAL    1.2         3.5        2.3        2.9 r      2.8        1.7 r     -0.8        0.6  

2015 IV        0.7         2.3        1.6        3.1        2.6        2.4       -1.9        0.5  
     III       0.9         2.8        1.9        3.2        3.0 r      2.3       -1.6        0.6  
     II        1.4         4.1        2.7        3.5        3.5        2.1       -1.1        0.7  
     I         1.6         4.8        3.1        1.9        1.9 r      0.3        1.5        0.8  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2017 II      107.8 r     122.9 r    114.0 r    117.3 r    103.2 r    108.8 r    115.8 r    111.7 r
     I       107.5       121.8      113.3      116.8 r    102.7 r    108.7 r    115.6 r    111.6  

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

2016 IV      107.7       121.4      112.7      115.6 r    102.4 r    107.3 r    116.5 r    111.2  
     III     107.2       120.8      112.7      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 r    112.2 r    110.2  
     I       106.3       119.0      112.0      114.6 r    103.3 r    107.8 r    112.2 r    109.7  

2015 ANNUAL  106.9       118.4      110.7      114.5 r    103.7 r    107.1 r    112.3 r    109.3  

2015 IV      106.6       118.9      111.5      115.8 r    104.4 r    108.6 r    110.8 r    109.5  
     III     107.3       118.8      110.7      114.6 r    103.4 r    106.7 r    113.5 r    109.6  
     II      106.9       118.4      110.7      114.2 r    103.5 r    106.9 r    112.6 r    109.3  
     I       106.5       117.4      110.3      113.1 r    103.1 r    106.3 r    112.2 r    108.7  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                  September 7, 2017
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: September 07, 2017