Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted
Real
Year Output per Hours Compensa- compensa- Unit Unit non- Implicit
and hour of of all tion per tion per labor labor pay- price
quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4)
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Indexes 1992=100
2006 I r135.1 r163.2 r120.8 r166.8 r119.7 r123.5 r135.5 r127.9
II r135.7 r164.3 r121.1 r167.1 r118.9 r123.1 r138.6 r128.8
III r134.9 r164.4 r121.9 r167.9 r118.3 r124.4 r138.3 r129.5
IV r135.0 r165.0 r122.2 r171.7 r121.4 r127.1 r134.9 r130.0
ANNUAL r135.2 r164.2 r121.5 r168.3 r119.6 r124.5 r136.8 r129.1
2007 I r135.0 r164.7 r122.0 r173.7 r121.8 r128.7 r135.2 r131.1
II r136.4 r167.0 r122.4 r174.1 r120.7 r127.7 r138.2 r131.5
III r138.3 r169.2 r122.3 r175.5 r120.9 r126.9 r140.3 r131.8
IV r138.6 r168.9 r121.9 r177.8 r121.0 r128.3 r139.8 r132.5
ANNUAL r137.1 r167.5 r122.2 r175.3 r121.1 r127.9 r138.4 r131.7
2008 I r139.5 r169.3 r121.4 r180.1 r121.2 r129.1 r140.3 r133.2
II 140.3 170.0 121.2 181.7 120.8 129.5 140.0 133.4
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Percent change from previous quarter at annual rate(5)
2006 I r2.5 r6.0 r3.3 r5.2 r3.3 r2.6 r3.9 r3.1
II r1.8 r2.9 1.1 r0.7 r-2.8 r-1.1 r9.4 r2.9
III r-2.1 r0.3 2.4 r2.0 r-2.0 r4.1 r-0.9 r2.1
IV r0.2 r1.4 r1.2 r9.4 r11.0 r9.1 r-9.5 r1.5
ANNUAL 1.0 3.2 2.2 r3.8 r0.5 r2.8 r3.6 r3.1
2007 I r0.0 r-0.9 -0.9 r4.9 r1.2 r4.9 r0.9 r3.4
II r4.1 r5.8 r1.6 r0.8 r-3.6 r-3.2 r9.4 r1.5
III r5.8 r5.5 r-0.3 3.3 r0.5 r-2.4 r6.3 r0.9
IV r0.8 r-0.7 -1.6 r5.4 r0.4 r4.5 r-1.6 r2.1
ANNUAL r1.4 r2.0 0.5 r4.1 r1.3 r2.7 r1.2 r2.1
2008 I 2.6 r0.9 r-1.6 r5.2 r0.8 r2.5 r1.5 r2.1
II 2.2 1.7 -0.5 3.6 -1.4 1.3 -0.9 0.5
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Percent change from corresponding quarter of previous year
2006 I r1.3 r3.7 2.4 4.2 r0.5 r2.9 r4.3 r3.4
II r1.7 r3.7 2.0 r3.9 r0.0 2.2 r5.9 r3.6
III r0.3 r2.6 2.3 r2.9 r-0.5 2.6 r3.8 r3.1
IV r0.6 r2.6 2.0 r4.3 r2.2 r3.6 r0.5 r2.4
ANNUAL 1.0 3.2 2.2 r3.8 r0.5 r2.8 r3.6 r3.1
2007 I r0.0 r0.9 0.9 r4.2 r1.7 r4.2 r-0.2 r2.5
II r0.5 r1.6 r1.1 r4.2 r1.5 r3.7 r-0.2 r2.1
III r2.5 r2.9 r0.4 r4.6 r2.2 r2.0 r1.5 r1.8
IV r2.7 r2.4 r-0.3 r3.6 r-0.4 r0.9 r3.7 r2.0
ANNUAL r1.4 r2.0 0.5 r4.1 r1.3 r2.7 r1.2 r2.1
2008 I 3.3 r2.8 r-0.5 r3.6 r-0.5 r0.3 r3.8 r1.6
II 2.8 1.8 -1.0 4.3 0.1 1.5 1.3 1.4
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See footnotes following Table 6. August 8, 2008
r=revised Source: Bureau of Labor Statistics
Last Modified Date: August 08, 2008