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)

2016 ANNUAL    0.2         1.7        1.5        2.9 r      1.6 r      2.6       -0.8 r      1.2  

2016 IV        1.3         2.4 r      1.0 r      3.0       -0.4        1.7        2.0 r      1.8 r
     III       3.3 r       4.2        0.8 r      4.1 r      2.4 r      0.7 r      1.6 r      1.1  
     II       -0.1 r       1.6        1.7        6.1        3.5 r      6.2       -2.8        2.3  
     I        -0.6         0.7        1.4       -1.0 r     -0.7 r     -0.3        2.1        0.7  

2015 ANNUAL    0.9         3.1        2.1        2.9        2.8        2.0       -0.4        1.0  

2015 IV       -2.0 r       0.8        2.9 r      3.6 r      2.7 r      5.7       -6.2        0.5  
     III       1.8 r       1.8        0.0 r      2.7 r      1.3 r      0.8        1.1        1.0  
     II        1.0 r       3.1        2.0 r      4.6 r      2.1 r      3.5 r     -0.1        2.0  
     I         1.2 r       2.4        1.2 r      1.9 r      4.9 r      0.7       -0.2 r      0.4  

2014 ANNUAL    0.8         3.0        2.2        2.8        1.1        2.0        1.3        1.7  

2014 IV       -1.4 r       2.7        4.2 r      3.7 r      4.1 r      5.2       -6.3        0.1  
     III       4.1 r       6.5        2.3        3.9        3.0       -0.2        4.5        1.8  
     II        1.7 r       5.1        3.3 r     -2.1 r     -4.0 r     -3.7        9.8        1.9  
     I        -3.7        -1.8        2.0        6.1 r      3.8       10.2       -9.2        1.4  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2016 ANNUAL    0.2         1.7        1.5        2.9 r      1.6 r      2.6       -0.8 r      1.2  

2016 IV        1.0         2.2        1.2 r      3.0 r      1.2 r      2.0 r      0.7 r      1.5  
     III       0.1         1.8        1.7        3.2 r      2.0 r      3.0 r     -1.4 r      1.1  
     II       -0.2 r       1.2        1.5        2.8 r      1.7 r      3.1       -1.5        1.1  
     I         0.0         1.6        1.6        2.4        1.4 r      2.4       -0.8        1.0  

2015 ANNUAL    0.9         3.1        2.1        2.9        2.8        2.0       -0.4        1.0  

2015 IV        0.5 r       2.0        1.5 r      3.2 r      2.8 r      2.7       -1.4        0.9  
     III       0.6 r       2.5        1.9 r      3.2        3.1        2.6       -1.4        0.8  
     II        1.2         3.7        2.4 r      3.5        3.5        2.3       -0.6        1.0  
     I         1.4         4.2        2.8 r      1.8 r      1.9 r      0.5        1.8        1.0  

2014 ANNUAL    0.8         3.0        2.2        2.8        1.1        2.0        1.3        1.7  

2014 IV        0.1 r       3.1        3.0 r      2.9        1.7        2.7       -0.6        1.3  
     III       1.6         3.8        2.2        2.6        0.8        1.0        3.0        1.8  
     II        1.0         3.1        2.1        1.9       -0.2 r      0.9        3.4        2.0  
     I         0.4 r       2.0        1.6 r      3.9 r      2.4 r      3.4       -0.4        1.8  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2016 ANNUAL  106.7       119.8 r    112.3 r    117.7 r    105.2 r    110.4 r    110.6 r    110.5 r

2016 IV      107.4 r     121.1 r    112.8 r    119.4 r    105.7 r    111.2 r    111.1 r    111.1 r
     III     107.0 r     120.4      112.5 r    118.5 r    105.8 r    110.8 r    110.5 r    110.6  
     II      106.1 r     119.1      112.2 r    117.3 r    105.2 r    110.6 r    110.1 r    110.3  
     I       106.2 r     118.7      111.8 r    115.6 r    104.3 r    108.9 r    110.9 r    109.7  

2015 ANNUAL  106.4 r     117.8      110.7 r    114.5 r    103.6 r    107.5 r    111.5      109.2  

2015 IV      106.3 r     118.5      111.4 r    115.9 r    104.4 r    109.0 r    110.3 r    109.5  
     III     106.9 r     118.2      110.6 r    114.9 r    103.7 r    107.5 r    112.1 r    109.4  
     II      106.4 r     117.7      110.6 r    114.1 r    103.4 r    107.3 r    111.8 r    109.1  
     I       106.1       116.8      110.1 r    112.9 r    102.9 r    106.3 r    111.8 r    108.6  

2014 ANNUAL  105.5 r     114.3      108.4 r    111.2 r    100.8 r    105.4 r    111.9 r    108.1  

2014 IV      105.8 r     116.1      109.7 r    112.3 r    101.6 r    106.1 r    111.8 r    108.5  
     III     106.2 r     115.3      108.6 r    111.3 r    100.6 r    104.8 r    113.7 r    108.5  
     II      105.1 r     113.5      108.0 r    110.2 r     99.9 r    104.9 r    112.4 r    108.0  
     I       104.7 r     112.1      107.1 r    110.8 r    100.9 r    105.9 r    109.8 r    107.5  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                      March 8, 2017
r=revised                                                        Source: Bureau of Labor Statistics

Table of Contents

Last Modified Date: March 08, 2017