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)

2018 ANNUAL    1.4 r       3.5 r      2.1        2.8 r      0.4 r      1.4 r      3.3 r      2.2 r

2018 IV        1.8 r       3.2 r      1.3 r      3.6 r      2.1 r      1.8 r      1.8 r      1.8 r
     III       1.4 r       3.9        2.5 r      3.2 r      1.2 r      1.8 r      0.3 r      1.1  
     II        3.4 r       5.1        1.6 r      0.3 r     -1.8 r     -3.0 r     12.8 r      3.6  
     I         0.9 r       2.5        1.6 r      4.6 r      1.3 r      3.7       -0.5 r      1.9  

2017 ANNUAL    1.1         2.6        1.5        3.4        1.2        2.3        1.0        1.7  

2017 IV       -1.2 r       2.9        4.1        1.1 r     -2.1        2.3 r      3.7 r      2.9  
     III       2.8         3.5        0.7        5.6        3.4        2.8        0.9        2.0  
     II        1.6         3.7        2.1        1.3        1.3 r     -0.3        2.3        0.8  
     I        -0.2         1.9        2.0        4.0        1.0        4.2       -1.3        1.8  

2016 ANNUAL    0.2         1.7        1.5        1.1 r     -0.2        0.9        0.9        0.9  

2016 IV        2.0 r       2.2        0.2 r      5.6        2.8 r      3.6       -0.6        1.7  
     III       1.4 r       2.2        0.7 r      2.4 r      0.5 r      0.9        1.7        1.3  
     II        0.7         2.6        1.8 r      0.3       -2.3       -0.4        7.7        3.1  
     I         0.4 r       1.6        1.2 r      0.2 r      0.3 r     -0.2       -1.5       -0.8  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2018 ANNUAL    1.4 r       3.5 r      2.1        2.8 r      0.4 r      1.4 r      3.3 r      2.2 r

2018 IV        1.9 r       3.6 r      1.7 r      2.9 r      0.7 r      1.0 r      3.5 r      2.1 r
     III       1.1 r       3.6        2.4        2.3 r     -0.4        1.2 r      3.9 r      2.4  
     II        1.4         3.5        2.0        2.9        0.2        1.4        4.1        2.6  
     I         1.0 r       3.1        2.1 r      3.1        1.0 r      2.1        1.6        1.9  

2017 ANNUAL    1.1         2.6        1.5        3.4        1.2        2.3        1.0        1.7  

2017 IV        0.7 r       3.0        2.2        3.0        0.9        2.3        1.4        1.9  
     III       1.5         2.8        1.2 r      4.1        2.1        2.6        0.3        1.6  
     II        1.2         2.5        1.3        3.3        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  

2016 ANNUAL    0.2         1.7        1.5        1.1 r     -0.2        0.9        0.9        0.9  

2016 IV        1.1         2.1        1.0        2.1        0.3        1.0        1.8        1.3  
     III      -0.2 r       1.6        1.8        0.5       -0.7        0.6        1.0        0.8  
     II       -0.3 r       1.3        1.6        0.4       -0.7        0.7        0.9        0.8  
     I         0.1         1.6        1.5 r      1.3 r      0.2 r      1.2       -0.2        0.6  
---------------------------------------------------------------------------------------------------
                                         Indexes 2012=100

2018 ANNUAL  105.5 r     117.9 r    111.8 r    115.1 r    105.0 r    109.1 r    108.6 r    108.8 r

2018 IV      106.3 r     119.5 r    112.5 r    116.3 r    105.5 r    109.5 r    109.7 r    109.6 r
     III     105.8 r     118.6      112.1 r    115.3 r    104.9 r    109.0 r    109.3 r    109.1  
     II      105.4 r     117.5      111.4 r    114.4 r    104.6 r    108.5 r    109.2 r    108.8  
     I       104.5 r     116.0      111.0 r    114.3 r    105.1 r    109.3 r    106.0 r    107.9  

2017 ANNUAL  104.1 r     114.0      109.5 r    111.9 r    104.7 r    107.5 r    105.1 r    106.5  

2017 IV      104.3 r     115.3      110.6 r    113.0 r    104.7 r    108.3      106.1      107.4  
     III     104.6 r     114.5      109.4 r    112.7 r    105.3 r    107.7 r    105.1 r    106.6  
     II      103.9 r     113.5      109.3 r    111.2 r    104.4 r    107.0 r    104.9 r    106.1  
     I       103.5 r     112.5      108.7 r    110.8 r    104.1 r    107.0 r    104.3 r    105.8  

2016 ANNUAL  103.0 r     111.1      107.9 r    108.3 r    103.4 r    105.2 r    104.1 r    104.7  

2016 IV      103.6 r     112.0      108.2 r    109.7 r    103.8 r    105.9 r    104.6 r    105.4  
     III     103.1 r     111.4      108.1 r    108.2 r    103.1 r    105.0      104.8      104.9  
     II      102.7 r     110.8      107.9 r    107.6 r    103.0 r    104.8 r    104.4 r    104.6  
     I       102.5 r     110.1      107.4 r    107.5 r    103.6 r    104.9 r    102.4 r    103.8  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                      March 7, 2019
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: March 07, 2019