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 I        -1.5         0.5        2.1        1.8       -1.3        3.4        0.0        1.9  

2016 ANNUAL    0.3         1.8        1.5        2.8        1.5 r      2.5       -1.1        1.0  

2016 IV        2.4 r       2.6 r      0.2 r      4.0 r      0.9 r      1.5 r      2.2 r      1.8 r
     III       3.7         4.3        0.6        4.3        2.5 r      0.6        1.2        0.8  
     II       -0.3         1.6        2.0        5.7        3.2 r      6.0       -3.0        2.1  
     I        -0.7         0.8        1.5       -1.1       -1.2 r     -0.4        1.4        0.4  

2015 ANNUAL    0.8         3.1        2.3        2.8        2.7        2.0       -1.0        0.7  

2015 IV       -2.1         0.8        3.0        3.3        2.9 r      5.6       -6.8        0.1  
     III       2.2 r       2.1       -0.1        2.7 r      1.2 r      0.6        1.4        0.9  
     II        1.3         3.0        1.7        5.0        2.6 r      3.6        0.1 r      2.1  
     I         0.8         2.3        1.5        1.7        4.3 r      0.9       -2.1       -0.4  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2017 I         1.0         2.3        1.2        3.9        1.3        2.9        0.1        1.7  

2016 ANNUAL    0.3         1.8        1.5        2.8        1.5 r      2.5       -1.1        1.0  

2016 IV        1.2         2.3        1.1        3.2        1.3        1.9 r      0.4 r      1.3  
     III       0.1         1.9        1.8        3.0        1.9        2.9       -1.9        0.9  
     II       -0.3         1.3        1.6        2.6        1.5        2.9       -1.8        0.9  
     I         0.1         1.7        1.5        2.5        1.4        2.3       -1.1        0.9  

2015 ANNUAL    0.8         3.1        2.3        2.8        2.7        2.0       -1.0        0.7  

2015 IV        0.5         2.1        1.5        3.2        2.8 r      2.6       -1.9        0.7  
     III       0.6         2.6        1.9        3.2        3.1        2.5       -1.8        0.6  
     II        1.0 r       3.6        2.6 r      3.3        3.3        2.3       -1.4        0.7  
     I         1.0         4.1        3.1        1.5        1.6        0.5        1.1        0.8  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2017 I       107.1       121.3      113.3      119.9      105.3      112.0      110.9      111.5  

2016 ANNUAL  106.6 r     119.8 r    112.4 r    117.5 r    105.0 r    110.2 r    110.5 r    110.4 r

2016 IV      107.5 r     121.1 r    112.7 r    119.3 r    105.7 r    111.0 r    110.9 r    111.0 r
     III     106.9 r     120.3      112.6 r    118.2 r    105.5 r    110.6      110.3      110.5  
     II      105.9       119.1      112.4      116.9      104.8 r    110.4      110.0      110.3  
     I       106.0 r     118.6      111.9 r    115.3 r    104.0 r    108.8      110.8      109.7  

2015 ANNUAL  106.2 r     117.6      110.7 r    114.2 r    103.4 r    107.5      111.7 r    109.3  

2015 IV      106.2 r     118.3      111.5 r    115.7 r    104.3 r    108.9 r    110.5 r    109.6  
     III     106.7 r     118.1      110.6 r    114.7 r    103.5 r    107.5      112.4 r    109.5  
     II      106.2 r     117.5      110.7 r    113.9 r    103.2 r    107.3 r    112.0      109.3  
     I       105.8 r     116.6      110.2 r    112.6 r    102.6 r    106.4      112.0 r    108.7  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                        May 4, 2017
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: May 04, 2017