Table 6. Nonfinancial corporate sector: Labor productivity, hourly compensation, unit labor costs, unit profits, and prices, seasonally adjusted



Table 6. Nonfinancial corporate sector: Labor productivity, hourly compensation, unit labor costs,
unit profits, and prices, seasonally adjusted.
                                                     Real
                                           Hourly    hourly            Unit      Total           Implicit
Year         Labor                         compen-   compen-   Unit    nonlabor  unit    Unit    price
and          produc-             Hours     sation    sation    labor   costs     costs   profits deflator
quarter      tivity    Output    worked    (1)       (2)       costs   (6)       (7)     (8)     (4)
---------------------------------------------------------------------------------------------------------
                         Percent change from previous quarter at annual rate (5)

2018 III       6.1       7.7 r    1.5 r     3.6 r     1.6 r    -2.3 r   -3.0 r   -2.6     18.9 r    0.0  
     II       -2.1 r     0.8      2.9 r    -0.2 r    -2.3 r     1.9      2.7      2.2     17.1      4.0  
     I         3.2 r     5.3      2.0 r     4.7 r     1.4 r     1.4     -1.0      0.6      5.5      1.2  

2017 ANNUAL    1.6       3.4      1.7       3.2       1.0       1.5      1.0      1.3     -2.1      0.9  

2017 IV        1.4       4.2      2.8 r     0.3      -3.0 r    -1.1      0.5     -0.6      7.8      0.4  
     III       1.0 r     2.5      1.5       2.7 r     0.6       1.7      0.6      1.3    -17.1     -1.2  
     II        4.5       7.4      2.7      -0.1      -0.2      -4.4     -2.4     -3.7      7.5     -2.4  
     I         3.1       5.0      1.8       8.1       5.0       4.9      0.0      3.2     10.6      4.1  

2016 ANNUAL    0.0       1.5      1.5       1.1      -0.2       1.0      0.1      0.7     -6.8     -0.3  

2016 IV       -2.3 r    -1.7      0.6 r     3.5 r     0.7 r     6.0      7.6      6.5     -9.1      4.4  
     III       4.6 r     6.3      1.7 r     1.4 r    -0.5 r    -3.1     -3.6     -3.3     -5.4     -3.5  
     II       -4.8      -3.6      1.2 r     0.3      -2.4       5.4      6.5      5.8    -21.8      1.6  
     I         3.5 r     3.8      0.2 r     2.3 r     2.3 r    -1.2    -14.3     -5.7     31.2     -1.5  
---------------------------------------------------------------------------------------------------------
                       Percent change from corresponding quarter of previous year

2018 III       2.1       4.4 r    2.3 r     2.1 r    -0.6       0.0 r   -0.2 r   -0.1     12.2 r    1.4  
     II        0.9       3.2      2.3       1.9 r    -0.8       1.0      0.7      0.9      2.5      1.1  
     I         2.5       4.8      2.2 r     1.9 r    -0.3 r    -0.6     -0.6     -0.6      0.3     -0.5  

2017 ANNUAL    1.6       3.4      1.7       3.2       1.0       1.5      1.0      1.3     -2.1      0.9  

2017 IV        2.5       4.8      2.2       2.7       0.6       0.2     -0.3      0.0      1.5      0.2  
     III       1.5       3.2      1.7       3.5       1.5       1.9      1.4      1.8     -2.7      1.2  
     II        2.4       4.2      1.7       3.2       1.2 r     0.7      0.3      0.6      0.5      0.6  
     I         0.1       1.4      1.3       3.3       0.7       3.2      2.5      3.0     -7.1      1.6  

2016 ANNUAL    0.0       1.5      1.5       1.1      -0.2       1.0      0.1      0.7     -6.8     -0.3  

2016 IV        0.2 r     1.1      0.9 r     1.9 r     0.0       1.7     -1.4      0.7     -3.1      0.2  
     III       0.3       1.9      1.6       0.7      -0.5       0.4      0.2      0.4    -11.6     -1.4  
     II       -0.6 r     1.0      1.7       0.6      -0.5       1.2      1.1      1.2     -7.7      0.0  
     I         0.4 r     2.0      1.6 r     1.3 r     0.2 r     0.9      0.4      0.7     -4.4      0.0  
---------------------------------------------------------------------------------------------------------
                                            Indexes 2012=100

2018 III     106.3 r   120.4 r  113.3 r   114.4 r   104.1 r   107.7 r  103.7 r  106.4 r   99.9 r  105.4  
     II      104.7 r   118.2    112.9 r   113.4 r   103.7 r   108.3    104.5    107.1     95.6    105.4  
     I       105.3 r   118.0    112.1 r   113.5 r   104.3 r   107.8    103.8    106.5     91.9    104.4  

2017 ANNUAL  103.7 r   114.7    110.6 r   111.8 r   104.5 r   107.7    104.1    106.5     91.2    104.3  

2017 IV      104.4 r   116.5    111.6 r   112.2 r   104.0 r   107.4    104.1    106.3     90.7    104.1  
     III     104.1 r   115.3    110.8 r   112.1 r   104.7 r   107.7    104.0    106.5     89.0    104.0  
     II      103.8 r   114.6    110.4 r   111.3 r   104.6 r   107.3    103.8    106.1     93.3    104.3  
     I       102.7 r   112.6    109.6 r   111.4 r   104.6 r   108.5    104.4    107.1     91.6    104.9  

2016 ANNUAL  102.1 r   111.0    108.7 r   108.3 r   103.4 r   106.1    103.1    105.1     93.1    103.4  

2016 IV      101.9 r   111.2    109.1 r   109.2 r   103.4 r   107.2    104.4    106.3     89.4    103.9  
     III     102.5 r   111.7    109.0 r   108.3 r   103.2 r   105.7    102.5    104.6     91.5    102.8  
     II      101.3 r   110.0    108.5 r   107.9 r   103.3 r   106.5    103.5    105.5     92.8    103.7  
     I       102.6 r   111.0    108.2 r   107.8 r   103.9 r   105.1    101.9    104.0     98.7    103.3  
---------------------------------------------------------------------------------------------------------
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