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)

2016 ANNUAL    0.3         1.8        1.5        2.8 r      1.6 r      2.5       -1.1 r      1.0  

2016 IV        2.0         2.3 r      0.3 r      3.9        0.4        1.9 r      1.5 r      1.7 r
     III       3.7 r       4.3        0.6 r      4.3 r      2.7 r      0.6 r      1.2 r      0.8  
     II       -0.3 r       1.6        2.0        5.7 r      3.1 r      6.0       -3.0        2.1  
     I        -0.7         0.8        1.5       -1.1       -0.8 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 r       0.8        3.0 r      3.3 r      2.5 r      5.6 r     -6.8 r      0.1  
     III       2.1 r       2.1       -0.1 r      2.8 r      1.4 r      0.6        1.4 r      0.9  
     II        1.3 r       3.0        1.7 r      5.0 r      2.4 r      3.6        0.0        2.1  
     I         0.8 r       2.3        1.5 r      1.7 r      4.7 r      0.9       -2.1       -0.4  

2014 ANNUAL    0.6         3.0        2.3        2.6        1.0        2.0        1.0        1.6  

2014 IV       -1.6 r       2.8        4.5 r      3.4 r      3.7 r      5.1       -6.5       -0.1  
     III       3.4         6.4        2.9        3.1 r      2.3       -0.2        3.3        1.3  
     II        1.5 r       5.0        3.5 r     -2.2 r     -4.1 r     -3.6       10.5 r      2.3  
     I        -3.6        -2.0        1.6        6.4 r      4.1       10.4       -8.9        1.5  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2016 ANNUAL    0.3         1.8        1.5        2.8 r      1.6 r      2.5       -1.1 r      1.0  

2016 IV        1.2         2.3 r      1.1 r      3.2 r      1.3 r      2.0 r      0.2 r      1.3  
     III       0.1         1.9        1.8        3.0 r      1.9 r      2.9 r     -1.9 r      0.9  
     II       -0.3         1.3        1.6 r      2.6        1.5        2.9       -1.8        0.9  
     I         0.1         1.7        1.5 r      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 r      3.2 r      2.7        2.6       -1.9        0.7  
     III       0.6 r       2.6        1.9        3.2        3.1        2.5       -1.8        0.6  
     II        0.9         3.6        2.7        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  

2014 ANNUAL    0.6         3.0        2.3        2.6        1.0        2.0        1.0        1.6  

2014 IV       -0.1         3.0        3.1        2.7        1.4 r      2.8       -0.7        1.3  
     III       1.3         3.6        2.3        2.4        0.6        1.0        2.6        1.7  
     II        0.9         3.1        2.2        1.7 r     -0.3        0.9        3.1        1.8  
     I         0.5 r       2.1        1.6 r      3.8 r      2.3 r      3.3       -1.0        1.4  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2016 ANNUAL  106.5 r     119.7 r    112.4 r    117.5 r    105.0 r    110.3 r    110.5 r    110.4 r

2016 IV      107.4 r     121.0 r    112.7 r    119.3 r    105.6 r    111.1 r    110.7 r    111.0 r
     III     106.9 r     120.3      112.6 r    118.2 r    105.5 r    110.6 r    110.3 r    110.5  
     II      105.9 r     119.1      112.4 r    116.9 r    104.8 r    110.4 r    110.0 r    110.3  
     I       106.0 r     118.6      111.9 r    115.3 r    104.0 r    108.8 r    110.8 r    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    104.2 r    108.9 r    110.5 r    109.6  
     III     106.7 r     118.1      110.6 r    114.7 r    103.6 r    107.5 r    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 r    109.3  
     I       105.8 r     116.6      110.2      112.6 r    102.6 r    106.4 r    112.0 r    108.7  

2014 ANNUAL  105.4 r     114.1      108.3 r    111.1 r    100.7 r    105.4 r    112.9 r    108.5  

2014 IV      105.6 r     115.9      109.8 r    112.1 r    101.4 r    106.1 r    112.6 r    108.9  
     III     106.0 r     115.1      108.6 r    111.2 r    100.5 r    104.8 r    114.5 r    108.9  
     II      105.2 r     113.4      107.8 r    110.3 r     99.9 r    104.9 r    113.6 r    108.5  
     I       104.8 r     112.0      106.9 r    110.9 r    101.0 r    105.8 r    110.8 r    107.9  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                      March 8, 2017
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: March 08, 2017