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       5.5       6.6      1.1       3.2       1.2      -2.1     -2.2     -2.1     14.4     -0.1  
     II       -1.9 r     0.8 r    2.8       0.0 r    -1.7 r     1.9 r    2.7 r    2.2 r   17.1 r    4.0  
     I         3.0       5.3      2.2       4.4       0.8       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      2.7       0.3      -2.9      -1.1      0.5     -0.6      7.8      0.4  
     III       1.1       2.5      1.5       2.8       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       -2.4      -1.7      0.7       3.4       0.6       6.0      7.6      6.5     -9.1      4.4  
     III       4.7       6.3      1.5       1.5      -0.4      -3.1     -3.6     -3.3     -5.4     -3.5  
     II       -4.8      -3.6      1.3       0.3      -2.4       5.4      6.5      5.8    -21.8      1.6  
     I         3.3       3.8      0.5       2.0       2.1      -1.2    -14.3     -5.7     31.2     -1.5  
---------------------------------------------------------------------------------------------------------
                       Percent change from corresponding quarter of previous year

2018 III       1.9       4.2      2.2       2.0      -0.6       0.0      0.0      0.0     11.1      1.4  
     II        0.9 r     3.2 r    2.3       1.8 r    -0.8 r     1.0 r    0.7 r    0.9      2.5 r    1.1  
     I         2.5       4.8      2.3       1.8      -0.4      -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       1.3       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        0.1       1.1      1.0       1.8       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       -0.7       1.0      1.7       0.6      -0.5       1.2      1.1      1.2     -7.7      0.0  
     I         0.3       2.0      1.7       1.2       0.1       0.9      0.4      0.7     -4.4      0.0  
---------------------------------------------------------------------------------------------------------
                                            Indexes 2012=100

2018 III     106.1     120.1    113.2     114.3     104.1     107.7    104.0    106.5     98.9    105.4  
     II      104.7 r   118.2 r  112.9     113.4 r   103.7 r   108.3 r  104.5 r  107.1 r   95.6 r  105.4 r
     I       105.2     118.0    112.2     113.4     104.2     107.8    103.8    106.5     91.9    104.4  

2017 ANNUAL  103.7     114.7    110.6     111.7     104.5     107.7    104.1    106.5     91.2    104.3  

2017 IV      104.4     116.5    111.5     112.2     104.0     107.4    104.1    106.3     90.7    104.1  
     III     104.1     115.3    110.8     112.1     104.7     107.7    104.0    106.5     89.0    104.0  
     II      103.8     114.6    110.4     111.3     104.6     107.3    103.8    106.1     93.3    104.3  
     I       102.6     112.6    109.7     111.4     104.6     108.5    104.4    107.1     91.6    104.9  

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

2016 IV      101.9     111.2    109.2     109.2     103.3     107.2    104.4    106.3     89.4    103.9  
     III     102.5     111.7    109.0     108.3     103.2     105.7    102.5    104.6     91.5    102.8  
     II      101.3     110.0    108.6     107.9     103.3     106.5    103.5    105.5     92.8    103.7  
     I       102.6     111.0    108.2     107.8     103.9     105.1    101.9    104.0     98.7    103.3  
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                         December 6, 2018
r=revised                                                              Source: Bureau of Labor Statistics

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Last Modified Date: December 06, 2018