Table 2. Nonfarm business sector: Labor productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted



Table 2. Nonfarm 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 ANNUAL    1.2         2.9        1.6        1.6 r     -0.5 r      0.4 r      3.0 r      1.5  

2017 IV        0.0 r       3.2        3.3        2.4 r     -1.2 r      2.5 r      2.3 r      2.4  
     III       2.6 r       4.0        1.4 r      3.6 r      1.5 r      1.0 r      3.5 r      2.0  
     II        1.7 r       3.9        2.2 r      0.5 r      0.8 r     -1.2        3.0        0.6  
     I         0.2 r       1.8        1.6        5.0 r      1.8 r      4.8       -3.9        0.9  

2016 ANNUAL    0.0 r       1.5        1.5 r      1.1 r     -0.2        1.1        1.4        1.2  

2016 IV        1.1 r       2.2        1.1 r     -4.6 r     -7.5 r     -5.7       13.9        2.3  
     III       2.4 r       3.3        0.9 r      2.4 r      0.6 r      0.0 r      3.1        1.3  
     II        0.9 r       2.5        1.6 r      4.9 r      2.5 r      3.9        0.0        2.2  
     I        -1.1 r       0.2        1.3 r     -3.7 r     -3.8 r     -2.6 r      5.8        0.9  

2015 ANNUAL    1.2 r       3.4        2.2 r      3.1        3.0        1.8       -0.3        0.9  

2015 IV       -2.7 r       0.3        3.1 r      4.3 r      3.9 r      7.2       -8.8        0.1  
     III       1.2 r       1.3        0.1 r      1.0 r     -0.5 r     -0.2        3.0        1.2  
     II        1.3         3.3        2.0        3.6        1.3 r      2.3        1.5        1.9  
     I         3.0 r       4.0        0.9 r      3.7 r      6.4 r      0.6       -0.9        0.0  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2017 ANNUAL    1.2         2.9        1.6        1.6 r     -0.5 r      0.4 r      3.0 r      1.5  

2017 IV        1.1         3.2        2.1        2.9 r      0.7 r      1.7 r      1.2 r      1.5  
     III       1.4         3.0        1.6 r      1.0 r     -0.9 r     -0.4 r      3.9 r      1.5  
     II        1.3         2.8        1.5 r      0.7 r     -1.1       -0.6        3.8        1.3  
     I         1.1 r       2.5        1.3        1.8 r     -0.7        0.7        3.1        1.7  

2016 ANNUAL    0.0 r       1.5        1.5 r      1.1 r     -0.2        1.1        1.4        1.2  

2016 IV        0.8         2.1        1.2       -0.3       -2.1       -1.2        5.6        1.7  
     III      -0.2 r       1.6        1.7        1.9        0.7 r      2.1       -0.1        1.1  
     II       -0.4         1.1        1.5        1.5 r      0.5        2.0       -0.2        1.1  
     I        -0.3         1.3        1.6        1.2 r      0.2        1.6        0.2        1.0  

2015 ANNUAL    1.2 r       3.4        2.2 r      3.1        3.0        1.8       -0.3        0.9  

2015 IV        0.7         2.2        1.5        3.1        2.7        2.4       -1.4        0.8  
     III       0.8         2.7        1.9        3.3        3.1        2.4       -1.3        0.8  
     II        1.6         4.1        2.5        3.8        3.8        2.2       -0.5        1.0  
     I         1.9         4.7        2.8        2.3        2.4 r      0.4        2.0        1.1  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2017 ANNUAL  108.3 r     123.7 r    114.2 r    117.8 r    103.1 r    108.8 r    116.8 r    112.1  

2017 IV      108.7 r     125.3 r    115.3 r    118.9 r    103.1 r    109.3 r    118.0 r    112.9  
     III     108.8 r     124.3      114.3 r    118.2 r    103.4 r    108.7 r    117.3 r    112.3  
     II      108.1 r     123.1      113.9 r    117.2 r    103.0 r    108.4 r    116.3 r    111.7  
     I       107.6 r     122.0      113.3 r    117.0 r    102.8 r    108.7 r    115.5 r    111.5  

2016 ANNUAL  107.0 r     120.2      112.4 r    116.0 r    103.7 r    108.4 r    113.4 r    110.5  

2016 IV      107.6 r     121.4      112.9 r    115.6 r    102.4 r    107.5 r    116.6 r    111.3  
     III     107.3 r     120.8      112.6 r    117.0 r    104.4 r    109.1 r    112.9 r    110.7  
     II      106.6 r     119.8      112.3      116.3      104.2      109.1      112.0      110.3  
     I       106.4 r     119.0      111.9 r    114.9 r    103.6 r    108.0 r    112.0 r    109.7  

2015 ANNUAL  107.0 r     118.5      110.7 r    114.7 r    103.8 r    107.2 r    111.8 r    109.1  

2015 IV      106.7 r     119.0      111.5 r    116.0 r    104.6 r    108.7 r    110.4 r    109.5  
     III     107.4 r     118.9      110.7 r    114.8 r    103.6 r    106.9      113.0 r    109.4  
     II      107.1 r     118.5      110.6 r    114.5 r    103.8 r    106.9 r    112.2 r    109.1  
     I       106.8 r     117.6      110.1 r    113.5 r    103.4 r    106.3 r    111.8 r    108.6  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                      March 7, 2018
r=revised                                                        Source: Bureau of Labor Statistics

Table of Contents

Last Modified Date: March 07, 2018