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        0.6         3.1        2.4        1.6        1.9        0.9        0.2        0.6  
     I        -0.8 r       1.4 r      2.1 r      4.9 r      1.7 r      5.7 r     -3.7 r      1.5 r

2016 ANNUAL    0.0 r       1.6 r      1.6 r      0.9 r     -0.4 r      0.9 r      1.2 r      1.0  

2016 IV        2.0 r       2.2 r      0.2       -4.2 r     -7.1 r     -6.1 r     14.1 r      2.2 r
     III       2.7 r       3.3 r      0.6        2.6 r      0.8 r     -0.1 r      2.8 r      1.1 r
     II        0.6 r       2.6 r      2.0        4.9 r      2.5 r      4.2 r     -0.7 r      2.1  
     I        -1.1 r       0.4 r      1.5       -4.4 r     -4.5 r     -3.4 r      6.0 r      0.5 r

2015 ANNUAL    1.2 r       3.5 r      2.3        3.0 r      2.8 r      1.8 r     -0.8 r      0.6 r

2015 IV       -2.7 r       0.2 r      3.0        4.3 r      3.9 r      7.2 r     -9.3 r     -0.2 r
     III       1.6 r       1.6 r      0.0 r      1.1 r     -0.4 r     -0.5 r      3.3 r      1.1 r
     II        1.6 r       3.3 r      1.7        3.7 r      1.3 r      2.1 r      1.8 r      2.0 r
     I         2.4 r       4.0 r      1.5        3.2 r      5.9 r      0.8 r     -2.7 r     -0.7 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2017 II        1.1         2.5        1.3        1.1       -0.8        0.0        3.2        1.4  
     I         1.1 r       2.4        1.2        2.0 r     -0.6 r      0.8 r      2.9 r      1.7  

2016 ANNUAL    0.0 r       1.6 r      1.6 r      0.9 r     -0.4 r      0.9 r      1.2 r      1.0  

2016 IV        1.0 r       2.1 r      1.1       -0.4 r     -2.1 r     -1.4 r      5.4 r      1.5 r
     III      -0.1 r       1.6 r      1.8        1.8 r      0.6 r      1.9 r     -0.4 r      0.9  
     II       -0.4 r       1.2 r      1.6        1.4 r      0.3 r      1.8 r     -0.3 r      0.9  
     I        -0.2 r       1.4 r      1.5        1.1 r      0.0 r      1.3 r      0.3 r      0.8 r

2015 ANNUAL    1.2 r       3.5 r      2.3        3.0 r      2.8 r      1.8 r     -0.8 r      0.6 r

2015 IV        0.7 r       2.3 r      1.6 r      3.1 r      2.6 r      2.4 r     -1.9        0.5 r
     III       0.9 r       2.8 r      1.9        3.2        3.1        2.3 r     -1.6 r      0.6  
     II        1.4 r       4.1 r      2.7 r      3.5 r      3.5 r      2.1 r     -1.1 r      0.7  
     I         1.6 r       4.8 r      3.1        1.9 r      2.0 r      0.3 r      1.5 r      0.8  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2017 II      107.7       122.8      114.0      117.1      103.0      108.8      115.8      111.7  
     I       107.5 r     121.8 r    113.3 r    116.7 r    102.5 r    108.5 r    115.8 r    111.6 r

2016 ANNUAL  106.9 r     120.3 r    112.5 r    115.5 r    103.3 r    108.1 r    113.7 r    110.4 r

2016 IV      107.7 r     121.4 r    112.7 r    115.3 r    102.1 r    107.1 r    116.9 r    111.2 r
     III     107.2 r     120.8 r    112.7 r    116.6 r    104.0 r    108.7 r    113.1 r    110.5 r
     II      106.5 r     119.8 r    112.5 r    115.8 r    103.8 r    108.8 r    112.3 r    110.2 r
     I       106.3 r     119.0 r    112.0 r    114.4 r    103.2 r    107.7 r    112.5 r    109.7 r

2015 ANNUAL  106.9 r     118.4 r    110.7 r    114.5 r    103.6 r    107.1 r    112.3 r    109.3 r

2015 IV      106.6 r     118.9 r    111.5 r    115.7 r    104.3 r    108.6 r    110.8 r    109.5 r
     III     107.3 r     118.8 r    110.7 r    114.5 r    103.4 r    106.7 r    113.6 r    109.6 r
     II      106.9 r     118.4 r    110.7 r    114.2 r    103.5 r    106.8 r    112.6 r    109.3 r
     I       106.5 r     117.4 r    110.3 r    113.2 r    103.1 r    106.3 r    112.2 r    108.7  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                     August 9, 2017
r=revised                                                        Source: Bureau of Labor Statistics