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         3.5 r       3.9 r      0.4        1.9 r      1.0 r     -1.5 r      0.7 r     -0.6 r

2018 ANNUAL    1.4         3.4        2.0        2.7 r      0.3 r      1.3 r      3.4 r      2.2  

2018 IV        1.2         2.6        1.4        0.7 r     -0.8 r     -0.5 r      4.4 r      1.6  
     III       1.5         3.9        2.4        3.2        1.2        1.8        0.3        1.1  
     II        3.5         5.1        1.5        0.4       -1.7       -3.0       12.8        3.6  
     I         0.9         2.5        1.5        4.7        1.4        3.7       -0.5        1.9  

2017 ANNUAL    1.1         2.6        1.5        3.4        1.3        2.3        1.0        1.7  

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

2019 I         2.4         3.9        1.4        1.6 r     -0.1 r     -0.8 r      4.4 r      1.4 r

2018 ANNUAL    1.4         3.4        2.0        2.7 r      0.3 r      1.3 r      3.4 r      2.2  

2018 IV        1.8         3.5        1.7        2.2 r      0.0 r      0.5 r      4.1 r      2.1  
     III       1.2         3.6        2.4        2.4       -0.2        1.2        3.9        2.4  
     II        1.5         3.5        1.9        3.0        0.3        1.4        4.1        2.6  
     I         1.1         3.1        2.0        3.2        1.0        2.1        1.6        1.9  

2017 ANNUAL    1.1         2.6        1.5        3.4        1.3        2.3        1.0        1.7  

2017 IV        0.8         3.0        2.2        3.1        0.9        2.3        1.4        1.9  
     III       1.6         2.8        1.2        4.2        2.2        2.6        0.3        1.6  
     II        1.2         2.5        1.2        3.4        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 r     120.5 r    112.5 r    116.2 r    105.1 r    108.4 r    110.6 r    109.4 r

2018 ANNUAL  105.6       117.9      111.7      115.0 r    105.0 r    108.9 r    108.7 r    108.8  

2018 IV      106.2       119.4      112.4      115.6 r    104.8 r    108.9 r    110.4 r    109.6  
     III     105.9       118.6      112.0      115.4      105.1      109.0      109.3      109.1  
     II      105.5       117.5      111.3      114.5      104.7      108.5      109.2      108.8  
     I       104.6       116.0      110.9      114.4      105.2      109.3      105.9      107.9  

2017 ANNUAL  104.1       114.0      109.5      112.0      104.7      107.5      105.1      106.5  

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

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Last Modified Date: June 06, 2019