Table 4. Durable manufacturing sector: Labor productivity, hourly compensation, and unit labor costs, seasonally adjusted
Table 4. Durable manufacturing sector: Labor productivity, hourly compensation, and unit labor
costs, seasonally adjusted.
Real
Year Labor Hourly hourly Unit
and produc- Hours compensa- compensa- labor
quarter tivity Output worked tion (1) tion (2) costs
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Percent change from previous quarter at annual rate (5)
2024 ANNUAL -0.3 -1.0 -0.7 3.4 0.4 3.7
2024 IV -1.0 -3.5 -2.5 4.6 1.4 5.7
III 0.5 r -2.9 r -3.4 r 2.8 r 1.5 r 2.2 r
II -1.1 r 0.3 r 1.4 -9.0 -11.5 -8.0 r
I 0.8 0.0 -0.8 8.0 4.0 7.1
2023 ANNUAL -1.1 0.2 1.3 4.5 0.3 5.6
2023 IV 0.0 -3.0 -3.0 8.5 5.6 8.5
III -3.5 -0.1 3.5 4.4 0.9 8.2
II 4.4 1.8 -2.5 10.6 7.3 5.9
I -2.4 -0.4 2.1 2.7 -1.1 5.2
2022 ANNUAL -1.2 3.4 4.7 2.3 -5.4 3.6
2022 IV -2.2 -2.4 -0.1 -0.4 -4.3 1.9
III -3.1 1.9 5.1 7.3 1.9 10.7
II 2.2 5.4 3.2 2.5 -6.9 0.3
I -2.9 4.4 7.6 -1.0 -9.4 1.9
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Percent change from corresponding quarter of previous year
2024 ANNUAL -0.3 -1.0 -0.7 3.4 0.4 3.7
2024 IV -0.2 -1.6 -1.4 1.4 -1.3 1.6
III 0.1 -1.4 -1.5 2.3 r -0.3 2.2
II -1.0 r -0.7 0.3 2.7 -0.5 3.7
I 0.4 -0.3 -0.7 7.8 4.4 7.4
2023 ANNUAL -1.1 0.2 1.3 4.5 0.3 5.6
2023 IV -0.4 -0.4 0.0 6.5 3.1 7.0
III -1.0 -0.3 0.7 4.2 0.6 5.3
II -0.9 0.2 1.1 4.9 0.9 5.9
I -1.4 1.1 2.5 3.0 -2.7 4.5
2022 ANNUAL -1.2 3.4 4.7 2.3 -5.4 3.6
2022 IV -1.5 2.3 3.9 2.0 -4.8 3.6
III -0.9 4.3 5.3 4.3 -3.7 5.2
II -0.7 4.5 5.2 0.6 -7.4 1.3
I -2.1 2.4 4.5 2.1 -5.6 4.3
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Indexes 2017=100
2024 ANNUAL 95.1 96.3 101.3 127.8 99.6 134.4
2024 IV 95.0 95.4 100.4 128.8 99.4 135.5
III 95.3 r 96.2 r 101.0 r 127.3 r 99.1 r 133.7 r
II 95.1 r 96.9 r 101.9 126.4 98.7 132.9 r
I 95.4 96.9 101.5 129.5 101.7 135.7
2023 ANNUAL 95.3 97.3 102.1 123.6 99.1 129.7
2023 IV 95.2 96.9 101.8 127.0 100.7 133.4
III 95.2 97.6 102.5 124.5 99.4 130.7
II 96.1 97.6 101.6 123.1 99.2 128.2
I 95.0 97.2 102.3 120.1 97.4 126.3
2022 ANNUAL 96.4 97.2 100.8 118.3 98.8 122.7
2022 IV 95.6 97.3 101.7 119.3 97.7 124.7
III 96.2 97.9 101.8 119.4 98.7 124.2
II 96.9 97.4 100.5 117.3 98.3 121.1
I 96.4 96.1 99.7 116.6 100.1 121.0
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See footnotes following Table 6. February 6, 2025
r=revised Source: Bureau of Labor Statistics
Last Modified Date: February 06, 2025
United States Department of Labor
