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
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate (5)

2024 ANNUAL        0.5 r         -1.0           -1.5 r          4.6 r          1.6 r          4.1 r

2024 IV           -1.1 r         -3.2 r         -2.1 r          4.2 r          1.1 r          5.3 r
     III           0.6 r         -3.1 r         -3.6 r          6.1 r          4.7 r          5.5 r
     II           -0.4 r          0.3            0.7 r         -8.4 r        -10.9 r         -8.0  
     I             2.3 r          0.0           -2.3 r          9.6 r          5.6 r          7.1  

2023 ANNUAL       -0.7 r          0.2            0.9 r          4.9 r          0.7 r          5.7 r

2023 IV            0.0           -3.0           -2.9 r          8.4 r          5.6            8.5  
     III          -2.3 r         -0.1            2.2 r          5.8 r          2.2 r          8.2  
     II            6.2 r          1.8           -4.2 r         12.5 r          9.3 r          6.0 r
     I            -1.9 r         -0.4            1.6 r          3.3 r         -0.5 r          5.2  

2022 ANNUAL       -1.2            3.4            4.7            2.3           -5.4            3.6  

2022 IV           -3.7 r         -2.4            1.3 r         -1.9 r         -5.7 r          1.9  
     III          -2.4 r          1.9            4.4 r          8.0 r          2.6 r         10.7  
     II            2.4 r          5.4            3.0 r          2.7 r         -6.8 r          0.3  
     I            -2.5 r          4.4            7.1 r         -0.6 r         -9.0 r          1.9  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2024 ANNUAL        0.5 r         -1.0           -1.5 r          4.6 r          1.6 r          4.1 r

2024 IV            0.4 r         -1.5 r         -1.8 r          2.7 r         -0.1 r          2.3 r
     III           0.6 r         -1.5 r         -2.1 r          3.7 r          1.0 r          3.1 r
     II           -0.1 r         -0.7           -0.6 r          3.6 r          0.4 r          3.7  
     I             1.5 r         -0.3           -1.8 r          9.1 r          5.6 r          7.4  

2023 ANNUAL       -0.7 r          0.2            0.9 r          4.9 r          0.7 r          5.7 r

2023 IV            0.4 r         -0.4           -0.9 r          7.4 r          4.1 r          7.0  
     III          -0.5 r         -0.3            0.2 r          4.8 r          1.2 r          5.3  
     II           -0.5 r          0.2            0.7 r          5.4 r          1.3 r          5.9  
     I            -1.4            1.1            2.6 r          3.0           -2.7            4.5  

2022 ANNUAL       -1.2            3.4            4.7            2.3           -5.4            3.6  

2022 IV           -1.6 r          2.3            3.9            2.0           -4.8            3.6  
     III          -0.7 r          4.3            5.1 r          4.4 r         -3.6 r          5.2  
     II           -0.8 r          4.5            5.3 r          0.5 r         -7.5 r          1.3  
     I            -2.1            2.4            4.6 r          2.0 r         -5.7 r          4.3  
---------------------------------------------------------------------------------------------------
                                         Indexes 2017=100

2024 ANNUAL       96.3 r         96.4 r        100.0 r        130.0 r        101.3 r        135.0 r

2024 IV           96.3 r         95.4 r         99.1 r        131.5 r        101.5 r        136.5 r
     III          96.6 r         96.2 r         99.6 r        130.1 r        101.2 r        134.8 r
     II           96.4 r         96.9          100.5 r        128.2 r        100.1 r        132.9 r
     I            96.5 r         96.9          100.3 r        131.1 r        103.0 r        135.8 r

2023 ANNUAL       95.8 r         97.3          101.5 r        124.3 r         99.7 r        129.7 r

2023 IV           96.0 r         96.9          100.9 r        128.1 r        101.6 r        133.4 r
     III          96.0 r         97.6          101.7 r        125.5 r        100.2 r        130.8 r
     II           96.6 r         97.6          101.1 r        123.8 r         99.7 r        128.2 r
     I            95.1 r         97.2          102.2 r        120.2 r         97.5 r        126.3 r

2022 ANNUAL       96.5 r         97.2          100.7 r        118.5 r         98.9 r        122.7 r

2022 IV           95.6 r         97.3          101.8 r        119.2 r         97.6 r        124.7 r
     III          96.5 r         97.9          101.5 r        119.8 r         99.0 r        124.2 r
     II           97.0 r         97.4          100.4 r        117.5 r         98.4 r        121.1 r
     I            96.5 r         96.1           99.7 r        116.7 r        100.2 r        121.0  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                      March 6, 2025
r=revised                                                        Source: Bureau of Labor Statistics