HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS IN MANUFACTURING 30 COUNTRIES OR AREAS 40 MANUFACTURING INDUSTRIES, SELECTED YEARS, 1975-2002 General Notes: The measures for total manufacturing were published in news release USDL 03-507, "International Comparisons of Hourly Compensation Costs for Production Workers in Manufacturing, 2002," September 26, 2003. The measures for individual manufacturing industries are less reliable than the total manufacturing data because there are more technical limitations associated with them. For more information about limitations, see the Technical Notes and Country Notes. The measures in these tables are shown according to the U.S. 1987 Standard Industrial Classification (SIC) for every U.S. two-digit level industry and selected three-digit industries. Data are also shown for two-digit level International Standard Industrial Classification (ISIC) Rev. 2 industry groups. Currently, data are unavailable for the latest years for several countries in which there have been recent changes in wage surveys or in industrial classification. Additional revisions to this database will be made on an SIC basis. In the future, this database will be converted to a NAICS (North American Industry Classification System) basis. Note: Hourly compensation costs in national currency for countries that are members of the European Monetary Union (Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain) are expressed in the national currency used in each country prior to the implementation of the euro for 1975-1998, and in euros for 1999-2002. More information about national currency units and exchange rates used in these tables is on page 136. .. Data not available. # Break in series. Data are not comparable with data from the previous year. Prepared By: U.S. Department of Labor, Bureau of Labor Statistics, Office of Productivity And Technology, May 18, 2004. Table of Contents Page Technical Notes.................................................. 1 Revised Measures................................................. 4 Industry Tables: All Manufacturing.............................................. 5 Food, Beverages, and Tobacco................................... 8 Textile, Apparel, and Leather Products........................ 11 Textile Mill Products....................................... 14 Apparel and Other Textile Products.......................... 17 Leather and Leather Products................................ 20 Leather Footwear.......................................... 23 Lumber, Wood Products, and Furniture.......................... 26 Lumber and Wood Products.................................... 29 Furniture and Fixtures...................................... 32 Paper, Printing, and Publishing............................... 35 Paper and Allied Products................................... 38 Printing and Publishing..................................... 41 Chemicals and Petroleum, Rubber and Plastic Products.......... 44 Chemicals and Allied Products............................... 47 Petroleum and Coal Products................................. 50 Petroleum Refining........................................ 53 Rubber and Plastics Products................................ 56 Rubber Products........................................... 59 Tires and Inner Tubes..................................... 62 Plastics Products........................................... 65 Stone, Clay, and Glass Products............................... 68 Glass and Glassware......................................... 71 Pottery and Related Products................................ 74 Primary Metal Manufacturing................................... 77 Iron and Steel.............................................. 80 Iron and Steel Including Foundries.......................... 83 Nonferrous Metals........................................... 86 Nonferrous Metals Including Foundries....................... 89 Fabricated Metal Products, Machinery, and Equipment........... 92 Fabricated Metal Products................................... 95 Industrial and Commercial Machinery and Equipment........... 98 Electronic and Other Electrical Equipment................ 101 Electronic Equipment Manufacturing..................... 104 Household Audio and Video Equipment.................. 107 Electronic Components and Accessories................ 110 Transportation Equipment................................... 113 Motor Vehicles and Equipment............................. 116 Aircraft, Space Vehicles, and Parts...................... 119 Ship and Boat Building and Repairing..................... 122 Instruments and Related Products........................... 125 Miscellaneous Manufacturing.................................. 128 Country Notes.................................................. 131 Exchange Rates................................................. 135 Technical Notes PAGE 1 Introduction The accompanying tables present international comparisons of hourly compensation costs for production workers in manufacturing industries in selected countries or areas. The total compensation measures are prepared by the Bureau of Labor Statistics in order to assess international differences in employer labor costs. Comparisons based on the more readily available average earnings statistics published by many countries can be very misleading. National definitions of average earnings differ considerably; average earnings do not include all items of labor compensation; and the omitted items of compensation frequently represent a large proportion of total compensation. The compensation measures are computed in national currency units and are converted into U.S. dollars at prevailing commercial market currency exchange rates. The foreign currency exchange rates used in the calculations are the average daily exchange rates for the reference period. They are appropriate measures for comparing levels of employer labor costs. They do not indicate relative living standards of workers or the purchasing power of their income. Prices of goods and services vary greatly among countries, and commercial market exchange rates are not reliable indicators of relative differences in prices. Technical limitations to the measures at the two-digit and especially at the three-digit industry level are more pronounced than at the all manufacturing level. Approximations of trends in items of compensation not included in earnings (using data for more aggregate industries) are used for some industries at the two-digit and three-digit level. In addition, differences in industrial classifications among countries can limit the comparability of some industry level measures. This is particularly true at this time of transition in industrial classification systems. The degree to which technical limitations hamper comparability varies by country. Industrial Classifications The measures in these tables are shown according to the U.S. 1987 Standard Industrial Classification (SIC) for every U.S. two-digit level industry and selected three-digit level industries. Data are also shown for two-digit level International Standard Industrial Classification (ISIC) Rev. 2 industry groups. Definitions Hourly compensation costs include (1) hourly direct pay and (2) employer social insurance expenditures and other labor taxes. Hourly direct pay includes all payments made directly to the worker, before payroll deductions of any kind, consisting of (a) pay for time worked (basic time and piece rates plus overtime premiums, shift differentials, other premiums and bonuses paid regularly each pay period, and cost-of-living adjustments) and (b) other direct pay (pay for time not worked (vacations, holidays, and other leave, except sick leave), seasonal or irregular bonuses and other special payments, selected social allowances, and the cost of payments in kind). Social insurance expenditures and other labor taxes include (c) employer expenditures for legally required insurance programs and contractual and private benefit plans (retirement and disability pensions, health insurance, income guarantee insurance and sick leave, life and accident insurance, occupational injury and illness compensation, unemployment insurance, and family allowances) and, for some countries, (d) other labor taxes (other taxes on payrolls or employment (or reductions to reflect subsidies), even if they do not finance programs that directly benefit workers, because such taxes are regarded as labor costs). For consistency, compensation is measured on an hours-worked basis for every country. The BLS definition of hourly compensation costs is not the same as the International Labour Office (ILO) definition of total labor costs. Hourly compensation costs do not include all items of labor PAGE 2 costs. The costs of recruitment, employee training, and plant facilities and services--such as cafeterias and medical clinics--are not included because data are not available for most countries. The labor costs not included account for no more than 4 percent of total labor costs in any country for which the data are available. Production workers generally include those employees who are engaged in fabricating, assembly, and related activities; material handling, warehousing, and shipping; maintenance and repair; janitorial and guard services; auxiliary production (for example, powerplants); and other services closely related to the above activities. Working supervisors are generally included; apprentices and other trainees are generally excluded. Methods Total compensation is computed by adjusting each country's average earnings series for items of direct pay not included in earnings and for employer expenditures for legally required insurance, contractual and private benefit plans, and other labor taxes. For the United States and other countries that measure earnings on an hours-paid basis, the figures are also adjusted in order to approximate compensation per hour worked. Earnings statistics are obtained from surveys of employment, hours, and earnings or from surveys or censuses of manufactures. Adjustment factors are obtained from periodic labor cost surveys and interpolated or projected to nonsurvey years on the basis of other information for most countries. The information used includes tabulations of employer social security contribution rates provided by the International Social Security Association, information on contractual and legislated fringe benefit changes from ILO and national labor bulletins, and statistical series on indirect labor costs. For other countries, adjustment factors are obtained from surveys or censuses of manufactures or from reports on fringe-benefit systems and social security. For the United States, the adjustment factors are special calculations for international comparisons based on data from several surveys. The statistics are also adjusted, where necessary, to account for major differences in worker coverage; differences in industrial classification systems; and changes over time in survey coverage, sample benchmarks, or frequency of surveys. Nevertheless, some differences in industrial coverage remain and, with the exception of the United States, Canada, and several other countries, the data exclude very small establishments (less than 5 employees in Japan and less than 10 employees in most European and some other countries). For the United States, the methods used, as well as the results, differ somewhat from those for other BLS series on U.S. compensation costs. Exceptions to the standard coverage and definitions and special estimation procedures are explained in the country notes following the tables. Hourly compensation costs are converted to U.S. dollars using the average daily exchange rate for the reference period. The exchange rates used are prevailing commercial market exchange rates as published by either the U.S. Federal Reserve Board or the International Monetary Fund. Data Limitations Because compensation is partly estimated, the statistics should not be considered as precise measures of comparative compensation costs. In addition, the figures are subject to revision as the results of new labor cost surveys or other data used to estimate total compensation become available. The hourly compensation figures in U.S. dollars shown in the tables provide comparative measures of PAGE 3 employer labor costs; they do not provide intercountry comparisons of the purchasing power of worker incomes. Prices of goods and services vary greatly among countries, and the commercial market exchange rates used to compare employer labor costs do not reliably indicate relative differences in prices. Purchasing power parities--that is, the number of foreign currency units required to buy goods and services equivalent to what can be purchased with one unit of U.S. or other base-country currency--must be used for meaningful international comparisons of the relative purchasing power of worker incomes. Total compensation converted to U.S. dollars at purchasing power parities would provide one measure for comparing relative real levels of labor income. It should be noted, however, that total compensation includes employer payments to funds for the benefit of workers in addition to payments made directly to workers. (For a few countries, the compensation measures also include taxes or subsidies on payrolls or employment even if they do not finance programs which directly benefit workers.) Payments into these funds provide either deferred income (for example, payments to retirement funds), a type of insurance (for example, payments to unemployment or health benefit funds), or current social benefits (for example, family allowances), and the relationship between employer payments and current or future worker benefits is indirect. On the other hand, excluding these payments would understate the total value of income derived from work because they substitute for worker savings or self-insurance to cover retirement, medical costs, etc. Total compensation, because it takes account of employer payments into funds for the benefit of workers, is a broader income concept than either total direct earnings or direct spendable earnings. An even broader concept would take account of all social benefits available to workers, including those financed out of general revenues as well as Revised Measures PAGE 4 Revisions were made to the data included in the prior update of these tables (August 2003) for many of the countries or areas covered. In this update, revisions of particular note were made for the following countries: For Canada, data beginning in 1999 were revised to include new data on supplementary labor income. For Japan, data beginning in 1991 were revised to include new production worker estimates based on data from the wage structure survey. In addition, data beginning in 1999 were revised with the incorporation of data from the 2002 labor cost survey. For Singapore, data beginning in 1997 were revised to incorporate new data on benefits of employees. For Germany, data beginning in 1991 were revised to incorporate new data on pay for time not worked. HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 5 ALL MANUFACTURING ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 33 32 30 18 18 14 12 CANADA.................. 94 88 84 107 100 94 94 94 90 84 82 81 77 75 MEXICO.................. 23 22 12 11 15 15 10 9 9 9 10 11 11 11 AUSTRALIA............... 88 86 63 89 77 85 90 97 92 82 84 73 65 73 HONG KONG SAR (1,2)..... 12 15 13 22 26 28 29 30 30 30 29 28 29 27 ISRAEL.................. 35 38 31 57 53 54 61 64 66 65 62 65 66 57 JAPAN................... 47 56 49 85 116 126 138 118 106 96 109 113 95 88 KOREA................... 5 10 9 25 34 38 42 46 43 30 38 41 38 43 NEW ZEALAND............. 49 53 34 55 48 52 58 61 59 48 48 41 38 42 SINGAPORE............... 13 15 19 25 32 37 43 47 45 42 38 39 37 34 SRI LANKA............... 4 2 2 2 3 3 3 3 2 3 2 2 2 .. TAIWAN.................. 6 10 11 26 31 33 34 33 32 28 29 30 28 25 AUSTRIA (3)............. 71 90 58 119 122 128 147 140 120 119 114 98 94 99 BELGIUM................. 101 133 69 129 131 140 161 154 131 131 125 109 102 107 DENMARK................. 99 110 62 121 118 124 145 144 127 128 126 109 107 114 FINLAND (4)............. 73 84 63 142 102 114 141 133 118 117 113 98 96 101 FRANCE.................. 71 91 58 104 101 102 113 108 94 94 90 79 77 82 GERMANY, FORMER WEST.... 99 124 73 146 152 158 184 176 150 147 141 124 118 123 GERMANY, UNIFIED .. .. .. .. 145 151 176 168 144 141 135 118 113 118 GREECE.................. 27 38 28 45 44 46 53 53 49 47 .. .. .. .. IRELAND................. 48 61 46 79 73 75 80 80 76 73 71 63 64 71 ITALY................... 73 83 59 117 96 94 94 100 92 88 83 71 67 70 LUXEMBOURG.............. 98 117 58 108 111 119 136 128 109 106 104 90 84 89 NETHERLANDS............. 103 122 67 121 121 124 140 131 114 115 112 98 96 102 NORWAY.................. 106 117 80 144 122 124 142 142 130 129 128 114 112 128 PORTUGAL................ 25 21 12 25 27 27 31 32 29 29 28 24 .. .. SPAIN................... 40 60 36 76 70 68 74 76 66 65 63 55 53 56 SWEDEN.................. 113 127 74 140 107 110 125 138 121 118 113 102 89 95 SWITZERLAND............. 96 112 74 140 137 148 170 160 132 131 123 108 106 113 UNITED KINGDOM.......... 53 77 48 85 75 76 80 80 85 90 89 83 78 82 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Average of selected manufacturing industries. (3) Excluding handicraft manufacturers. Excluding all printing & publishing and miscellaneous manufacturing. (4) Including mining & electrical power plants. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 6 ALL MANUFACTURING ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.36 9.87 13.01 14.91 16.51 16.87 17.19 17.70 18.29 18.63 19.10 19.76 20.60 21.33 BRAZIL.................. .. .. .. .. .. .. .. 5.79 5.85 5.61 3.43 3.56 2.97 2.57 CANADA.................. 5.96 8.67 10.95 15.95 16.55 15.88 16.10 16.64 16.47 15.60 15.58 16.04 15.80 16.02 MEXICO.................. 1.47 2.21 1.59 1.58 2.40 2.46 1.65 1.58 1.70 1.64 1.83 2.08 2.33 2.38 AUSTRALIA............... 5.62 8.47 8.21 13.24 12.70 14.28 15.56 17.22 16.91 15.22 15.99 14.47 13.34 15.55 HONG KONG SAR (1,2)..... 0.76 1.51 1.73 3.23 4.37 4.70 4.91 5.23 5.52 5.57 5.54 5.63 5.96 5.83 ISRAEL.................. 2.25 3.79 4.06 8.55 8.82 9.19 10.54 11.32 12.04 12.02 11.91 12.86 13.53 12.14 JAPAN................... 3.00 5.52 6.34 12.70 19.11 21.23 23.73 20.80 19.40 17.91 20.83 22.27 19.61 18.83 KOREA................... 0.32 0.96 1.23 3.71 5.64 6.40 7.29 8.22 7.86 5.67 7.35 8.19 7.82 9.16 NEW ZEALAND............. 3.15 5.22 4.38 8.17 7.85 8.75 9.91 10.81 10.80 9.01 9.14 8.13 7.74 8.89 SINGAPORE............... 0.84 1.49 2.47 3.78 5.25 6.25 7.33 8.27 8.24 7.82 7.28 7.63 7.56 7.27 SRI LANKA............... 0.28 0.22 0.28 0.35 0.42 0.45 0.48 0.48 0.46 0.47 0.46 0.48 0.42 .. TAIWAN.................. 0.38 1.02 1.49 3.90 5.19 5.49 5.85 5.87 5.80 5.18 5.51 5.85 5.70 5.41 AUSTRIA (3)............. 4.51 8.88 7.58 17.75 20.16 21.55 25.32 24.80 21.97 22.21 21.86 19.46 19.38 21.08 BELGIUM................. 6.41 13.11 8.97 19.17 21.70 23.62 27.62 27.22 23.98 24.31 23.92 21.59 21.04 22.79 DENMARK................. 6.28 10.83 8.13 18.04 19.46 20.85 24.98 25.42 23.23 23.90 24.11 21.49 21.98 24.23 FINLAND (4)............. 4.66 8.33 8.25 21.25 16.79 19.24 24.32 23.62 21.53 21.89 21.55 19.45 19.86 21.56 FRANCE.................. 4.52 8.94 7.52 15.49 16.61 17.26 19.38 19.10 17.24 17.53 17.24 15.70 15.91 17.42 GERMANY, FORMER WEST.... 6.29 12.21 9.50 21.81 25.13 26.66 31.57 31.10 27.52 27.48 26.87 24.42 24.24 26.19 GERMANY, UNIFIED........ .. .. .. .. 24.00 25.46 30.26 29.74 26.35 26.31 25.73 23.38 23.24 25.08 GREECE.................. 1.69 3.73 3.66 6.76 7.19 7.69 9.06 9.42 9.04 8.75 .. .. .. .. IRELAND................. 3.05 6.03 5.99 11.81 12.06 12.58 13.78 14.13 13.83 13.58 13.61 12.50 13.28 15.08 ITALY................... 4.67 8.15 7.63 17.45 15.80 15.89 16.22 17.75 16.79 16.35 15.88 14.01 13.78 14.93 LUXEMBOURG.............. 6.26 11.54 7.49 16.04 18.24 20.08 23.45 22.65 19.88 19.84 19.79 17.71 17.37 18.91 NETHERLANDS............. 6.58 12.06 8.75 18.06 20.04 20.96 24.12 23.23 20.82 21.40 21.46 19.44 19.75 21.74 NORWAY.................. 6.77 11.59 10.37 21.47 20.21 20.97 24.38 25.05 23.72 24.07 24.45 22.44 23.13 27.40 PORTUGAL................ 1.58 2.06 1.53 3.77 4.50 4.60 5.37 5.58 5.38 5.48 5.35 4.75 .. .. SPAIN................... 2.53 5.89 4.66 11.38 11.59 11.49 12.80 13.41 12.16 12.06 12.03 10.78 10.88 12.04 SWEDEN.................. 7.18 12.51 9.66 20.93 17.59 18.62 21.44 24.37 22.22 22.02 21.61 20.14 18.35 20.18 SWITZERLAND............. 6.09 11.09 9.66 20.86 22.63 24.91 29.30 28.34 24.19 24.38 23.56 21.24 21.84 24.11 UNITED KINGDOM.......... 3.37 7.56 6.27 12.70 12.45 12.88 13.78 14.24 15.57 16.75 17.04 16.45 16.15 17.47 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Average of selected manufacturing industries. (3) Excluding handicraft manufacturers. Excluding all printing & publishing and miscellaneous manufacturing. (4) Including mining & electrical power plants. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 7 ALL MANUFACTURING ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.36 9.87 13.01 14.91 16.51 16.87 17.19 17.70 18.29 18.63 19.10 19.76 20.60 21.33 BRAZIL.................. .. .. .. .. .. .. .. 5.82 6.31 6.51 6.24 6.51 6.98 7.51 CANADA.................. 6.06 10.13 14.95 18.62 21.35 21.69 22.10 22.69 22.81 23.15 23.16 23.84 24.48 25.16 MEXICO.................. 18.35 50.73 409 4440 7.49 8.32 10.57 12.03 13.43 15.03 17.46 19.71 21.77 23.00 AUSTRALIA............... 4.30 7.43 11.73 16.96 18.69 19.52 21.00 21.99 22.75 24.19 24.77 24.89 25.82 28.60 HONG KONG SAR (1,2)..... 3.73 7.50 13.46 25.13 33.79 36.30 37.97 40.45 42.75 43.15 42.96 43.83 46.52 45.50 ISRAEL.................. 1.44 19.42 4.79 17.24 24.97 27.66 31.73 36.14 41.52 45.67 49.32 52.43 56.90 57.54 JAPAN................... 889 1245 1512 1842 2123 2170 2230 2263 2350 2346 2368 2401 2384 2357 KOREA................... 157 583 1074 2623 4531 5141 5620 6611 7471 7936 8745 9265 10097 11454 NEW ZEALAND............. 2.60 5.37 8.80 13.70 14.49 14.75 15.10 15.72 16.29 16.79 17.26 17.80 18.41 19.13 SINGAPORE............... 2.00 3.20 5.43 6.85 8.49 9.55 10.39 11.66 12.25 13.08 12.34 13.16 13.55 13.03 SRI LANKA............... 1.97 3.58 7.58 14.05 20.20 22.32 24.45 26.49 26.86 30.10 32.60 36.79 40.11 .. TAIWAN.................. 14.37 36.59 59.46 105.0 137.1 145.3 155.1 161.1 166.9 174.0 178.1 182.7 192.9 186.9 AUSTRIA (3)............. 78.46 114.8 156.8 201.1 234.7 245.9 255.2 262.6 268.2 275.0 20.52 21.08 21.65 22.30 BELGIUM................. 235.1 382.9 532.4 640.6 750.3 789.5 814.0 842.9 858.8 882.8 22.45 23.39 23.51 24.11 DENMARK................. 36.00 60.98 86.18 111.6 126.2 132.5 139.9 147.5 153.5 160.2 168.5 174.0 183.2 191.1 FINLAND (4)............. 17.08 30.97 51.10 81.37 96.11 100.7 106.4 108.6 111.9 117.0 20.23 21.07 22.19 22.81 FRANCE.................. 19.34 37.73 67.49 84.38 94.14 95.71 96.63 97.72 100.7 103.4 16.18 17.00 17.77 18.42 GERMANY, FORMER WEST.... 15.43 22.17 27.95 35.27 41.60 43.24 45.20 46.81 47.75 48.36 25.23 26.45 27.07 27.70 GERMANY, UNIFIED........ .. .. .. .. 39.72 41.29 43.33 44.76 45.71 46.31 24.15 25.33 25.96 26.53 GREECE.................. 54.60 159.1 505.5 1071 1649 1865 2099 2268 2470 2586 .. .. .. .. IRELAND................. 1.37 2.93 5.62 7.13 8.23 8.40 8.59 8.83 9.12 9.53 12.77 13.54 14.83 15.96 ITALY................... 3048 6966 14563 20900 24858 25591 26425 27394 28614 28408 14.91 15.17 15.39 15.79 LUXEMBOURG.............. 230.2 337.5 445.0 536.2 631.2 672.0 691.4 701.1 711.1 720.2 18.58 19.18 19.40 20.01 NETHERLANDS............. 16.59 23.93 29.04 32.90 37.23 38.12 38.68 39.17 40.66 42.47 20.14 21.05 22.07 22.99 NORWAY.................. 35.29 57.20 89.11 134.3 143.5 147.9 154.4 161.8 168.1 181.7 190.9 197.8 208.1 218.7 PORTUGAL................ 40.26 103.3 263.4 538.1 724.1 763.1 804.4 860.4 943.6 988.1 5.02 5.15 .. .. SPAIN................... 145.0 421.6 792.2 1161 1478 1539 1595 1699 1781 1802 11.29 11.67 12.16 12.74 SWEDEN.................. 29.73 52.91 83.12 124.0 137.2 143.6 153.1 163.5 169.9 175.1 178.8 184.8 189.8 196.2 SWITZERLAND............. 15.72 18.57 23.71 29.00 33.45 34.06 34.61 35.03 35.10 35.37 35.45 35.90 36.88 37.54 UNITED KINGDOM.......... 1.52 3.25 4.84 7.12 8.29 8.41 8.73 9.12 9.50 10.11 10.54 10.85 11.22 11.64 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Average of selected manufacturing industries. (3) Excluding handicraft manufacturers. Excluding all printing & publishing and miscellaneous manufacturing. (4) Including mining & electrical power plants. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 8 FOOD, BEVERAGES, AND TOBACCO MANUFACTURING (US SIC 20 & 21 & ISIC 31) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 26 27 25 16 15 12 .. CANADA.................. .. .. 85 107 99 92 90 92 89 83 81 81 78 77 MEXICO.................. .. .. 11 10 13 14 8 8 9 9 10 11 12 13 AUSTRALIA............... 95 91 65 93 84 91 .. .. .. .. .. .. .. .. ISRAEL.................. 34 33 25 49 44 47 53 55 57 56 54 56 57 50 JAPAN................... 42 50 41 75 96 105 114 97 86 77 87 90 75 72 KOREA................... 6 12 11 27 35 36 41 45 43 30 39 43 40 44 TAIWAN.................. 6 11 13 31 36 38 39 39 39 33 36 37 36 34 AUSTRIA................. 77 96 64 133 134 142 163 159 140 138 132 111 105 111 BELGIUM................. 101 134 69 130 131 138 .. .. .. .. .. .. .. .. DENMARK................. 116 124 72 141 137 .. .. .. .. .. .. .. .. .. FINLAND................. 71 83 62 138 95 #110 #135 131 116 115 111 97 95 104 FRANCE.................. 74 98 62 113 109 112 123 119 106 106 102 91 89 94 GERMANY, FORMER WEST.... 93 114 68 135 139 146 169 160 138 134 129 114 110 116 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 127 122 108 104 110 GREECE.................. 26 35 29 46 44 46 54 56 53 51 .. .. .. .. IRELAND................. 57 68 53 90 80 83 91 89 86 81 80 74 77 88 ITALY................... 84 93 66 134 108 109 105 112 104 98 94 81 77 81 NETHERLANDS............. 110 130 75 138 139 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 113 78 147 126 128 147 147 135 134 135 120 120 140 SPAIN................... .. .. .. 81 72 69 76 78 68 69 67 57 57 61 SWEDEN.................. 118 132 77 147 111 #117 130 143 127 124 120 109 97 103 SWITZERLAND............. 93 112 76 147 143 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 53 76 50 90 80 80 83 85 88 93 92 85 81 86 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 9 FOOD, BEVERAGES, AND TOBACCO MANUFACTURING (US SIC 20 & 21 & ISIC 31) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.84 9.17 11.97 13.57 15.12 15.39 15.63 15.97 16.33 16.66 16.90 17.36 17.89 18.44 BRAZIL.................. .. .. .. .. .. .. .. 4.17 4.43 4.19 2.65 2.59 2.18 .. CANADA.................. .. .. 10.24 14.52 14.90 14.18 14.08 14.68 14.57 13.75 13.76 14.04 14.01 14.25 MEXICO.................. .. .. 1.32 1.35 2.04 2.12 1.23 1.27 1.41 1.42 1.64 1.93 2.22 2.36 AUSTRALIA............... 5.52 8.30 7.80 12.57 12.64 13.99 .. .. .. .. .. .. .. .. ISRAEL.................. 2.01 3.07 3.00 6.64 6.64 7.17 8.23 8.71 9.34 9.33 9.12 9.69 10.24 9.25 JAPAN................... 2.46 4.55 4.95 10.18 14.49 16.17 17.88 15.48 14.11 12.87 14.76 15.60 13.35 13.31 KOREA................... 0.36 1.13 1.29 3.71 5.27 5.56 6.42 7.24 7.03 4.95 6.57 7.48 7.16 8.18 TAIWAN.................. 0.38 1.05 1.61 4.19 5.45 5.92 6.17 6.25 6.33 5.53 6.11 6.39 6.39 6.23 AUSTRIA................. 4.52 8.77 7.71 18.08 20.24 21.90 25.49 25.45 22.90 22.94 22.26 19.33 18.85 20.41 BELGIUM................. 5.89 12.27 8.28 17.65 19.83 21.23 .. .. .. .. .. .. .. .. DENMARK................. 6.77 11.38 8.64 19.19 20.77 .. .. .. .. .. .. .. .. .. FINLAND................. 4.16 7.63 7.39 18.80 14.37 #16.99 #21.12 20.97 19.00 19.14 18.84 16.84 17.04 19.11 FRANCE.................. 4.34 8.98 7.44 15.29 16.53 17.17 19.28 19.08 17.24 17.61 17.29 15.79 15.87 17.34 GERMANY, FORMER WEST.... 5.44 10.47 8.09 18.31 21.00 22.47 26.45 25.50 22.56 22.39 21.87 19.86 19.76 21.43 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 21.18 20.70 18.77 18.69 20.21 GREECE.................. 1.53 3.25 3.48 6.26 6.64 7.14 8.48 8.95 8.71 8.43 .. .. .. .. IRELAND................. 3.32 6.26 6.37 12.15 12.17 12.72 14.15 14.21 14.01 13.47 13.57 12.81 13.78 16.19 ITALY................... 4.89 8.52 7.87 18.17 16.32 16.70 16.48 17.94 16.96 16.27 15.92 14.01 13.75 14.86 NETHERLANDS............. 6.40 11.92 9.03 18.79 20.99 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 10.35 9.35 19.97 18.99 19.66 22.94 23.43 22.11 22.28 22.87 20.87 21.53 25.88 SPAIN................... .. .. .. 10.93 10.95 10.69 11.87 12.53 11.03 11.44 11.25 9.94 10.16 11.34 SWEDEN.................. 6.87 12.10 9.25 19.93 16.86 #17.97 20.33 22.87 20.74 20.63 20.20 18.89 17.40 18.99 SWITZERLAND............. 5.44 10.24 9.10 19.92 21.66 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.08 7.02 6.01 12.17 12.04 12.26 13.01 13.52 14.40 15.43 15.54 14.73 14.43 15.78 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 10 FOOD, BEVERAGES, AND TOBACCO MANUFACTURING (US SIC 20 & 21 & ISIC 31) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.84 9.17 11.97 13.57 15.12 15.39 15.63 15.97 16.33 16.66 16.90 17.36 17.89 18.44 BRAZIL.................. .. .. .. .. .. .. .. 4.19 4.78 4.86 4.82 4.75 5.13 .. CANADA.................. .. .. 13.98 16.95 19.21 19.37 19.33 20.02 20.17 20.41 20.44 20.87 21.70 22.36 MEXICO.................. .. .. 339.4 3789 #6.36 7.14 7.90 9.62 11.17 13.02 15.69 18.22 20.70 22.77 AUSTRALIA............... 4.22 7.28 11.15 16.11 18.59 19.13 .. .. .. .. .. .. .. .. ISRAEL.................. 1.28 15.73 #3.53 13.38 18.80 21.57 24.78 27.79 32.21 35.44 37.77 39.52 43.06 43.81 JAPAN................... 728.9 1026 1181 1477 1609 1653 1680 1684 1709 1686 1679 1682 1623 1666 KOREA................... 174.3 689.1 1123 2628 4233 4471 4954 5824 6688 6933 7819 8462 9249 10230 TAIWAN.................. 14.36 37.86 63.99 112.7 143.9 156.6 163.5 171.7 182.1 185.7 197.4 199.8 216.1 215.3 AUSTRIA................. 78.57 113.3 159.5 204.8 235.6 249.8 257.0 269.5 279.6 284.0 #20.89 20.93 21.06 21.59 BELGIUM................. 216.2 358.2 491.5 589.9 685.7 709.6 .. .. .. .. .. .. .. .. DENMARK................. 38.83 64.07 91.55 118.8 134.7 .. .. .. .. .. .. .. .. .. FINLAND................. 15.24 28.38 45.81 72.00 82.25 #88.94 #92.42 96.36 98.72 102.3 #17.69 18.24 19.03 20.21 FRANCE.................. 18.59 37.92 66.79 83.29 93.68 95.21 96.14 97.60 100.7 103.9 #16.23 17.10 17.73 18.34 GERMANY, FORMER WEST.... 13.36 19.00 23.80 29.61 34.76 36.44 37.88 38.37 39.14 39.41 #20.53 21.51 22.07 22.67 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 37.28 #19.43 20.34 20.88 21.38 GREECE.................. 49.28 138.6 480.0 992.0 1523 1731 1966 2155 2379 2491 .. .. .. .. IRELAND................. 1.49 3.04 5.97 7.33 8.31 8.50 8.83 8.88 9.24 9.46 #12.74 13.87 15.39 17.13 ITALY................... 3190 7283 15029 21772 25678 26911 26853 27687 28896 28264 #14.95 15.17 15.36 15.72 NETHERLANDS............. 16.14 23.67 29.97 34.24 38.99 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 51.09 80.34 124.9 134.8 138.7 145.4 151.4 156.6 168.3 178.5 184.0 193.7 206.6 SPAIN................... .. .. .. 1115 1396 1432 1479 1587 1616 1709 #10.56 10.76 11.34 11.99 SWEDEN.................. 28.44 51.17 79.57 118.1 131.4 #138.7 145.2 153.4 158.6 164.1 #167.2 173.3 179.9 184.5 SWITZERLAND............. 14.05 17.16 22.35 27.68 32.02 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.39 3.02 4.63 6.82 8.02 8.00 8.24 8.66 8.79 9.31 9.61 9.72 10.02 10.51 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 11 TEXTILE, APPAREL, AND LEATHER PRODUCTS (US SIC 22,23 & 31 & ISIC 32) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 28 27 24 14 14 11 .. CANADA.................. .. .. 89 106 96 90 90 96 91 79 74 .. .. .. MEXICO.................. .. .. 17 14 19 18 10 9 10 10 11 12 13 13 JAPAN................... 51 63 53 87 114 122 134 112 99 87 98 103 86 80 KOREA................... 7 13 12 30 42 45 51 52 47 31 35 38 36 41 TAIWAN.................. 8 14 17 35 41 41 42 40 38 32 32 33 31 29 AUSTRIA................. 79 103 67 132 134 139 157 151 131 128 120 102 99 104 BELGIUM................. 127 162 88 155 157 162 .. .. .. .. .. .. .. .. DENMARK................. 135 151 88 167 161 .. .. .. .. .. .. .. .. .. FINLAND................. 88 101 80 164 119 #128 #150 141 126 124 118 102 101 107 FRANCE.................. 90 117 75 131 127 127 137 131 114 112 105 92 90 95 GERMANY, FORMER WEST.... 119 153 89 172 177 183 210 196 167 160 149 131 128 133 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 149 139 121 118 123 IRELAND................. 58 75 55 91 86 87 91 91 85 82 80 72 77 82 ITALY................... 95 115 81 155 124 121 119 126 114 106 99 84 80 83 NETHERLANDS (1)......... 138 168 89 159 160 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 91 81 76 81 83 73 70 65 57 56 60 SWEDEN.................. 153 185 106 193 148 #150 165 180 159 154 145 131 116 123 SWITZERLAND............. 114 143 94 174 169 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 70 104 57 98 88 89 93 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding leather & leather products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 12 TEXTILE, APPAREL, AND LEATHER PRODUCTS (US SIC 22,23 & 31 & ISIC 32) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 3.94 5.91 7.80 9.24 10.27 10.62 11.00 11.40 11.86 12.31 12.88 13.40 13.76 14.35 BRAZIL.................. .. .. .. .. .. .. .. 3.22 3.19 2.98 1.76 1.87 1.54 .. CANADA.................. .. .. 6.93 9.84 9.87 9.60 9.87 10.93 10.81 9.74 9.50 .. .. .. MEXICO.................. .. .. 1.32 1.32 1.96 1.93 1.08 1.06 1.19 1.20 1.36 1.63 1.82 1.89 JAPAN................... 2.00 3.74 4.12 8.07 11.70 12.98 14.72 12.78 11.80 10.77 12.60 13.82 11.84 11.49 KOREA................... 0.27 0.75 0.93 2.76 4.31 4.76 5.60 5.97 5.54 3.82 4.53 5.07 4.93 5.84 TAIWAN.................. 0.30 0.85 1.34 3.26 4.18 4.37 4.64 4.52 4.51 4.00 4.17 4.38 4.21 4.19 AUSTRIA................. 3.13 6.09 5.20 12.20 13.76 14.73 17.28 17.18 15.52 15.82 15.42 13.62 13.63 14.86 BELGIUM................. 4.99 9.58 6.84 14.30 16.11 17.20 .. .. .. .. .. .. .. .. DENMARK................. 5.32 8.89 6.83 15.40 16.52 .. .. .. .. .. .. .. .. .. FINLAND................. 3.45 5.98 6.27 15.16 12.26 #13.61 #16.55 16.06 14.99 15.25 15.14 13.66 13.93 15.37 FRANCE.................. 3.55 6.94 5.88 12.07 12.99 13.47 15.12 14.89 13.53 13.76 13.53 12.34 12.40 13.59 GERMANY, FORMER WEST.... 4.67 9.06 6.93 15.88 18.16 19.43 23.08 22.31 19.82 19.72 19.22 17.56 17.54 19.02 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 18.35 17.87 16.27 16.25 17.62 IRELAND................. 2.27 4.44 4.30 8.44 8.80 9.25 10.04 10.36 10.11 10.15 10.24 9.62 10.63 11.78 ITALY................... 3.74 6.78 6.30 14.31 12.78 12.90 13.07 14.31 13.49 13.07 12.69 11.21 11.02 11.90 NETHERLANDS (1)......... 5.42 9.94 6.95 14.66 16.47 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 8.41 8.32 8.08 8.96 9.44 8.63 8.58 8.43 7.62 7.71 8.55 SWEDEN.................. 6.03 10.92 8.25 17.86 15.17 #15.96 18.10 20.52 18.90 18.94 18.63 17.58 15.89 17.70 SWITZERLAND............. 4.50 8.42 7.33 16.08 17.32 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 2.74 6.15 4.47 9.05 8.99 9.40 10.27 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding leather & leather products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 13 TEXTILE, APPAREL, AND LEATHER PRODUCTS (US SIC 22,23 & 31 & ISIC 32) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 3.94 5.91 7.80 9.24 10.27 10.62 11.00 11.40 11.86 12.31 12.88 13.40 13.76 14.35 BRAZIL.................. .. .. .. .. .. .. .. 3.23 3.44 3.46 3.20 3.41 3.62 .. CANADA.................. .. .. 9.46 11.48 12.73 13.11 13.55 14.90 14.97 14.46 14.12 .. .. .. MEXICO.................. .. .. 339.5 3724 #6.12 6.50 6.95 8.05 9.41 10.97 12.94 15.43 16.98 18.31 JAPAN................... 593.0 844.6 981.5 1170 1300 1327 1383 1390 1429 1410 1433 1490 1440 1438 KOREA................... 130.6 454.6 813.2 1952 3462 3824 4319 4799 5266 5349 5393 5733 6374 7304 TAIWAN.................. 11.44 30.62 53.44 87.86 110.3 115.6 123.0 124.1 129.9 134.1 134.7 136.8 142.4 144.8 AUSTRIA................. 54.42 78.77 107.6 138.2 160.2 168.1 174.2 182.0 189.5 195.8 #14.48 14.76 15.23 15.72 BELGIUM................. 182.9 279.7 406.0 478.0 557.2 575.0 .. .. .. .. .. .. .. .. DENMARK................. 30.53 50.07 72.35 95.30 107.2 .. .. .. .. .. .. .. .. .. FINLAND................. 12.65 22.25 38.88 58.05 70.20 #71.26 #72.41 73.78 77.87 81.56 #14.21 14.79 15.56 16.26 FRANCE.................. 15.19 29.29 52.81 65.77 73.60 74.69 75.40 76.17 79.00 81.20 #12.70 13.36 13.85 14.37 GERMANY, FORMER WEST.... 11.46 16.45 20.40 25.67 30.06 31.51 33.05 33.58 34.38 34.70 #18.04 19.02 19.60 20.12 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 32.30 #16.78 17.63 18.16 18.64 IRELAND................. 1.02 2.16 4.04 5.09 6.01 6.18 6.26 6.48 6.67 7.12 #9.62 10.42 11.87 12.46 ITALY................... 2442 5801 12024 17142 20097 20786 21292 22084 22980 22695 #11.91 12.14 12.31 12.59 NETHERLANDS (1)......... 13.68 19.73 23.06 26.71 30.59 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 857.8 1060 1082 1116 1196 1264 1282 #7.91 8.25 8.61 9.04 SWEDEN.................. 24.98 46.18 71.00 105.8 118.3 #123.1 129.3 137.6 144.5 150.6 #154.2 161.2 164.4 172.0 SWITZERLAND............. 11.62 14.10 17.99 22.35 25.60 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.23 2.64 3.44 5.07 5.99 6.14 6.51 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding leather & leather products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 14 TEXTILE MILL PRODUCTS MANUFACTURING (US SIC 22) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 33 33 29 17 17 14 .. CANADA.................. .. .. 97 116 104 97 99 104 99 84 82 84 80 79 MEXICO.................. .. .. 19 16 21 20 11 11 12 11 12 14 15 15 HONG KONG SAR (1)....... 19 24 20 30 35 37 38 40 38 39 38 37 39 36 ISRAEL.................. 49 43 33 63 57 59 65 67 69 66 62 65 69 58 JAPAN................... 52 67 56 92 124 135 152 133 120 106 114 122 105 99 KOREA................... 7 13 12 30 42 46 51 51 46 30 32 36 34 39 TAIWAN.................. 8 15 17 35 40 39 40 38 36 31 31 31 30 27 AUSTRIA................. 78 103 68 132 131 136 156 152 132 130 123 105 103 108 BELGIUM................. 128 159 85 147 146 153 .. .. .. .. .. .. .. .. DENMARK................. 129 146 84 158 150 .. .. .. .. .. .. .. .. .. FINLAND................. 89 99 76 156 111 #120 #144 137 .. .. .. .. .. .. FRANCE.................. 90 115 71 121 116 117 127 122 106 104 97 86 84 89 GERMANY, FORMER WEST.... 117 151 86 164 166 172 196 185 158 152 141 125 122 128 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 139 130 114 111 116 GREECE.................. 37 54 43 66 59 60 69 70 65 60 .. .. .. .. IRELAND................. 62 76 59 97 89 90 95 94 86 82 80 70 75 80 ITALY................... 97 113 79 147 116 114 114 119 107 100 93 79 76 79 NETHERLANDS............. 147 175 93 160 157 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 149 98 177 151 149 167 166 152 147 143 126 128 145 SPAIN................... .. .. .. 90 79 73 79 80 71 68 65 59 58 61 SWEDEN.................. 152 178 100 180 136 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 118 145 95 175 170 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 66 96 56 96 86 87 91 92 95 96 94 89 85 90 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 15 TEXTILE MILL PRODUCTS MANUFACTURING (US SIC 22) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 4.13 6.32 8.54 10.34 11.63 12.01 12.38 12.78 13.27 13.79 14.37 14.84 15.20 15.75 BRAZIL.................. .. .. .. .. .. .. .. 4.22 4.32 3.98 2.42 2.53 2.09 .. CANADA.................. .. .. 8.28 11.96 12.14 11.59 12.23 13.28 13.18 11.63 11.72 12.52 12.09 12.37 MEXICO.................. .. .. 1.60 1.68 2.40 2.45 1.41 1.37 1.56 1.53 1.69 2.03 2.23 2.42 HONG KONG SAR (1)....... 0.77 1.53 1.71 3.05 4.12 4.44 4.70 5.09 5.10 5.41 5.42 5.49 5.86 5.72 ISRAEL.................. 2.03 2.72 2.78 6.47 6.61 7.05 8.00 8.53 9.11 9.08 8.87 9.70 10.46 9.15 JAPAN................... 2.16 4.25 4.74 9.48 14.38 16.17 18.77 17.03 15.94 14.68 16.42 18.12 15.97 15.52 KOREA................... 0.29 0.80 1.00 3.06 4.91 5.47 6.36 6.47 6.04 4.15 4.66 5.29 5.15 6.15 TAIWAN.................. 0.32 0.96 1.47 3.65 4.60 4.66 4.94 4.79 4.84 4.24 4.38 4.62 4.52 4.32 AUSTRIA................. 3.23 6.52 5.83 13.67 15.26 16.38 19.27 19.41 17.58 17.95 17.61 15.64 15.69 17.08 BELGIUM................. 5.31 10.03 7.24 15.15 17.01 18.34 .. .. .. .. .. .. .. .. DENMARK................. 5.34 9.21 7.21 16.33 17.43 .. .. .. .. .. .. .. .. .. FINLAND................. 3.68 6.26 6.49 16.15 12.94 #14.35 #17.77 17.51 .. .. .. .. .. .. FRANCE.................. 3.72 7.24 6.07 12.48 13.53 14.04 15.76 15.55 14.07 14.28 13.99 12.70 12.84 14.05 GERMANY, FORMER WEST.... 4.83 9.53 7.33 16.93 19.37 20.67 24.28 23.66 21.01 20.89 20.30 18.52 18.52 20.10 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 19.22 18.63 16.89 16.85 18.27 GREECE.................. 1.54 3.42 3.67 6.79 6.91 7.23 8.54 8.90 8.58 8.27 .. .. .. .. IRELAND................. 2.55 4.83 5.02 10.02 10.34 10.80 11.72 12.02 11.36 11.37 11.53 10.43 11.43 12.57 ITALY................... 3.99 7.16 6.74 15.20 13.51 13.69 14.10 15.16 14.26 13.76 13.36 11.79 11.59 12.52 NETHERLANDS............. 6.09 11.03 7.90 16.52 18.30 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 9.41 8.41 18.27 17.55 17.95 20.74 21.26 20.12 20.30 20.53 18.78 19.52 22.86 SPAIN................... .. .. .. 9.29 9.17 8.76 9.80 10.21 9.37 9.37 9.30 8.76 8.80 9.60 SWEDEN.................. 6.30 11.23 8.56 18.59 15.85 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 4.87 9.16 8.12 18.04 19.78 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 2.75 6.05 4.80 9.87 9.95 10.40 11.31 11.70 12.57 13.20 13.53 13.16 12.85 14.15 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 16 TEXTILE MILL PRODUCTS MANUFACTURING (US SIC 22) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 4.13 6.32 8.54 10.34 11.63 12.01 12.38 12.78 13.27 13.79 14.37 14.84 15.20 15.75 BRAZIL.................. .. .. .. .. .. .. .. 4.25 4.66 4.62 4.41 4.62 4.91 .. CANADA.................. .. .. 11.32 13.95 15.66 15.83 16.79 18.12 18.25 17.27 17.42 18.61 18.72 19.43 MEXICO.................. .. .. 411.1 4715 #7.48 8.28 9.04 10.42 12.35 14.02 16.19 19.21 20.84 23.38 HONG KONG SAR (1)....... 3.81 7.59 13.34 23.79 31.90 34.29 36.38 39.37 39.49 41.91 42.09 42.79 45.68 44.64 ISRAEL.................. 1.30 13.92 #3.28 13.05 18.70 21.23 24.10 27.23 31.41 34.50 36.73 39.55 43.99 43.35 JAPAN................... 640.0 959.4 1131 1375 1598 1652 1763 1853 1930 1923 1867 1953 1942 1944 KOREA................... 139.9 486.5 868.1 2168 3941 4393 4903 5204 5745 5816 5547 5984 6657 7684 TAIWAN.................. 12.33 34.73 58.54 98.22 121.6 123.3 131.0 131.7 139.3 142.3 141.7 144.4 152.9 149.3 AUSTRIA................. 56.15 84.25 120.5 154.8 177.6 186.9 194.2 205.5 214.7 222.2 #16.53 16.94 17.52 18.07 BELGIUM................. 194.6 292.7 429.4 506.5 588.3 613.2 .. .. .. .. .. .. .. .. DENMARK................. 30.63 51.85 76.46 101.1 113.0 .. .. .. .. .. .. .. .. .. FINLAND................. 13.47 23.30 40.22 61.85 74.08 #75.13 #77.78 80.48 .. .. .. .. .. .. FRANCE.................. 15.94 30.56 54.51 67.97 76.70 77.87 78.56 79.55 82.14 84.27 #13.13 13.76 14.35 14.86 GERMANY, FORMER WEST.... 11.87 17.30 21.56 27.37 32.05 33.53 34.78 35.61 36.45 36.77 #19.06 20.06 20.68 21.26 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 33.83 #17.49 18.30 18.83 19.33 GREECE.................. 49.60 145.7 507.2 1076 1584 1755 1979 2143 2343 2445 .. .. .. .. IRELAND................. 1.15 2.35 4.71 6.05 7.06 7.21 7.31 7.51 7.49 7.98 #10.82 11.29 12.77 13.30 ITALY................... 2606 6122 12868 18211 21249 22053 22968 23397 24306 23903 #12.54 12.77 12.95 13.24 NETHERLANDS............. 15.36 21.89 26.22 30.10 34.00 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 46.44 72.27 114.3 124.6 126.6 131.4 137.3 142.6 153.3 160.3 165.5 175.6 182.5 SPAIN................... .. .. .. 947.8 1169 1173 1221 1294 1372 1400 #8.73 9.49 9.84 10.15 SWEDEN.................. 26.08 47.49 73.64 110.1 123.6 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 12.56 15.35 19.95 25.08 29.24 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.24 2.60 3.70 5.53 6.62 6.79 7.17 7.49 7.68 7.96 8.37 8.68 8.93 9.42 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 17 APPAREL AND OTHER TEXTILE PRODUCTS MANUFACTURING (US SIC 23) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 27 26 25 14 14 11 .. CANADA.................. .. .. 86 104 93 87 84 91 88 78 71 .. .. .. MEXICO.................. .. .. 15 12 15 15 8 8 9 9 10 12 13 12 HONG KONG SAR (1)....... 20 27 24 36 42 43 43 43 42 40 39 38 39 34 ISRAEL.................. 39 36 26 57 55 57 64 65 67 62 61 64 64 56 JAPAN................... 43 53 46 79 103 113 125 103 91 80 93 99 80 74 KOREA................... 6 11 12 28 38 42 47 49 44 29 36 38 36 39 TAIWAN.................. 7 13 17 35 40 41 42 39 37 33 33 33 30 30 AUSTRIA................. 77 98 63 125 132 136 151 144 124 123 114 96 93 96 BELGIUM................. 118 160 87 156 162 164 .. .. .. .. .. .. .. .. DENMARK................. 136 152 90 172 170 .. .. .. .. .. .. .. .. .. FINLAND................. 85 102 81 171 125 #135 #153 141 .. .. .. .. .. .. FRANCE.................. 86 114 76 136 133 133 144 137 120 119 112 98 95 99 GERMANY, FORMER WEST.... 118 149 87 169 177 182 209 196 169 163 152 133 129 132 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 154 144 127 123 126 IRELAND................. 50 69 49 84 79 82 90 90 86 84 80 73 77 83 ITALY................... 92 112 79 155 126 124 120 127 115 109 101 85 82 84 NETHERLANDS............. 121 155 79 144 152 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 161 109 213 171 166 188 188 171 167 162 142 143 159 SPAIN................... .. .. .. 88 79 76 81 83 74 70 66 54 54 58 SWEDEN.................. 150 185 107 197 145 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 105 132 86 162 156 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 58 90 55 96 86 88 93 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 18 APPAREL AND OTHER TEXTILE PRODUCTS MANUFACTURING (US SIC 23) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 3.80 5.62 7.29 8.43 9.22 9.54 9.92 10.31 10.69 11.02 11.53 12.04 12.39 13.06 BRAZIL.................. .. .. .. .. .. .. .. 2.83 2.83 2.71 1.63 1.66 1.36 .. CANADA.................. .. .. 6.29 8.78 8.57 8.25 8.32 9.39 9.37 8.60 8.19 .. .. .. MEXICO.................. .. .. 1.08 1.03 1.41 1.44 0.83 0.84 0.96 1.00 1.15 1.40 1.57 1.60 HONG KONG SAR (1)....... 0.75 1.53 1.76 3.06 3.83 4.14 4.24 4.40 4.54 4.43 4.49 4.57 4.78 4.49 ISRAEL.................. 1.47 2.02 1.90 4.81 5.10 5.46 6.37 6.74 7.13 6.80 7.07 7.74 7.97 7.36 JAPAN................... 1.62 3.00 3.37 6.67 9.53 10.82 12.37 10.66 9.74 8.85 10.71 11.86 9.97 9.65 KOREA................... 0.22 0.64 0.84 2.35 3.51 3.99 4.66 5.08 4.71 3.19 4.17 4.57 4.40 5.14 TAIWAN.................. 0.27 0.71 1.21 2.93 3.67 3.93 4.16 3.99 3.97 3.58 3.77 3.97 3.66 3.89 AUSTRIA................. 2.92 5.51 4.58 10.54 12.19 12.96 14.98 14.86 13.26 13.51 13.18 11.56 11.53 12.50 BELGIUM................. 4.47 9.00 6.31 13.19 14.96 15.69 .. .. .. .. .. .. .. .. DENMARK................. 5.16 8.54 6.54 14.53 15.70 .. .. .. .. .. .. .. .. .. FINLAND................. 3.23 5.71 5.88 14.42 11.55 #12.85 #15.16 14.52 .. .. .. .. .. .. FRANCE.................. 3.28 6.43 5.52 11.43 12.23 12.71 14.33 14.16 12.87 13.14 12.93 11.79 11.79 12.93 GERMANY, FORMER WEST.... 4.47 8.40 6.31 14.25 16.36 17.33 20.71 20.18 18.08 17.94 17.51 16.05 15.93 17.22 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 16.95 16.62 15.24 15.20 16.50 IRELAND................. 1.91 3.85 3.61 7.05 7.31 7.78 8.93 9.24 9.21 9.25 9.23 8.81 9.59 10.88 ITALY................... 3.48 6.32 5.79 13.10 11.65 11.82 11.94 13.04 12.30 11.98 11.63 10.28 10.10 10.91 NETHERLANDS............. 4.60 8.70 5.74 12.17 14.01 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 9.03 7.96 17.94 15.76 15.89 18.62 19.42 18.29 18.45 18.66 17.07 17.75 20.78 SPAIN................... .. .. .. 7.41 7.30 7.26 8.00 8.52 7.91 7.74 7.58 6.53 6.68 7.60 SWEDEN.................. 5.71 10.40 7.79 16.59 13.38 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 4.00 7.42 6.29 13.66 14.42 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 2.22 5.07 4.04 8.08 7.94 8.42 9.20 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 19 APPAREL AND OTHER TEXTILE PRODUCTS MANUFACTURING (US SIC 23) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 3.80 5.62 7.29 8.43 9.22 9.54 9.92 10.31 10.69 11.02 11.53 12.04 12.39 13.06 BRAZIL.................. .. .. .. .. .. .. .. 2.85 3.05 3.14 2.96 3.03 3.19 .. CANADA.................. .. .. 8.59 10.24 11.05 11.28 11.42 12.80 12.98 12.76 12.17 .. .. .. MEXICO.................. .. .. 277.1 2897 #4.39 4.87 5.35 6.40 7.63 9.16 10.99 13.20 14.62 15.47 HONG KONG SAR (1)....... 3.72 7.61 13.68 23.88 29.62 32.00 32.79 34.01 35.16 34.29 34.84 35.60 37.28 35.02 ISRAEL.................. 0.94 10.37 #2.24 9.69 14.42 16.43 19.17 21.50 24.58 25.82 29.26 31.54 33.51 34.88 JAPAN................... 479.5 677.6 803.3 966.7 1059 1106 1162 1160 1180 1159 1218 1279 1212 1209 KOREA................... 104.6 389.2 729.6 1664 2816 3204 3593 4089 4476 4470 4959 5168 5687 6428 TAIWAN.................. 10.23 25.44 48.04 78.77 96.83 104.0 110.1 109.7 114.4 120.2 121.8 124.0 123.9 134.2 AUSTRIA................. 50.73 71.31 94.67 119.4 141.8 147.9 151.0 157.3 162.0 167.2 #12.38 12.52 12.88 13.23 BELGIUM................. 164.2 262.7 374.4 440.7 517.2 524.5 .. .. .. .. .. .. .. .. DENMARK................. 29.61 48.08 69.28 89.92 101.8 .. .. .. .. .. .. .. .. .. FINLAND................. 11.82 21.24 36.46 55.22 66.13 #67.27 #66.35 66.72 .. .. .. .. .. .. FRANCE.................. 14.04 27.15 49.57 62.26 69.28 70.46 71.46 72.45 75.14 77.53 #12.14 12.77 13.17 13.67 GERMANY, FORMER WEST.... 10.97 15.25 18.55 23.04 27.08 28.11 29.66 30.37 31.37 31.57 #16.44 17.38 17.79 18.21 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 29.83 #15.60 16.51 16.98 17.45 IRELAND................. 0.86 1.87 3.38 4.26 4.99 5.20 5.57 5.78 6.08 6.49 #8.66 9.54 10.72 11.51 ITALY................... 2270 5401 11061 15695 18332 19040 19443 20122 20952 20804 #10.92 11.13 11.28 11.54 NETHERLANDS............. 11.61 17.27 19.05 22.17 26.04 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 44.56 68.41 112.2 111.9 112.1 118.0 125.4 129.6 139.3 145.7 150.4 159.6 165.9 SPAIN................... .. .. .. 756.3 930.4 972.4 996.8 1080 1159 1156 #7.11 7.07 7.46 8.04 SWEDEN.................. 23.64 43.99 67.03 98.28 104.3 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 10.31 12.42 15.43 18.99 21.31 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.00 2.18 3.11 4.53 5.29 5.50 5.83 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 20 LEATHER AND LEATHER PRODUCTS MANUFACTURING (US SIC 31) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 26 24 21 12 13 10 .. CANADA.................. .. .. 88 107 91 86 85 93 87 77 72 71 66 68 MEXICO.................. .. .. .. .. 20 18 10 10 11 10 12 12 15 16 ISRAEL.................. 46 46 36 71 64 66 75 80 81 76 74 77 72 64 JAPAN................... 61 72 61 112 140 146 156 124 116 107 122 111 96 95 KOREA................... 8 14 12 30 39 40 43 49 46 31 38 40 38 46 TAIWAN.................. 7 14 17 35 41 41 43 42 39 32 33 32 30 31 AUSTRIA................. 85 106 66 134 127 128 151 139 121 115 107 90 88 96 BELGIUM................. 136 176 93 166 164 171 .. .. .. .. .. .. .. .. DENMARK................. 131 158 91 166 158 .. .. .. .. .. .. .. .. .. FINLAND................. 89 107 79 163 111 #113 #147 133 119 110 109 93 91 97 FRANCE.................. 92 124 80 136 129 127 141 131 117 112 108 94 93 102 GERMANY, FORMER WEST.... 112 148 88 164 162 164 189 179 153 145 137 120 118 128 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 138 131 114 113 122 IRELAND................. 69 85 65 98 87 84 90 85 82 75 74 65 68 74 ITALY................... 87 114 79 153 122 117 118 123 112 104 98 82 79 86 NORWAY.................. .. 154 101 185 155 155 174 170 156 149 147 127 130 152 SPAIN (1)............... .. .. .. 93 83 76 83 .. .. .. .. .. .. .. SWEDEN.................. 162 192 111 194 143 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 119 156 103 185 172 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 76 117 67 116 102 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Including rubber & plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 21 LEATHER AND LEATHER PRODUCTS MANUFACTURING (US SIC 31) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 3.91 5.79 7.64 9.10 10.27 10.74 10.87 11.37 11.77 12.36 12.74 13.41 13.66 13.69 BRAZIL.................. .. .. .. .. .. .. .. 2.97 2.87 2.64 1.53 1.73 1.43 .. CANADA.................. .. .. 6.76 9.78 9.32 9.21 9.28 10.57 10.18 9.53 9.23 9.59 8.96 9.28 MEXICO.................. .. .. .. .. 2.03 1.99 1.09 1.09 1.24 1.23 1.47 1.67 2.02 2.17 ISRAEL.................. 1.78 2.64 2.74 6.46 6.55 7.09 8.20 9.05 9.58 9.35 9.45 10.31 9.80 8.77 JAPAN................... 2.38 4.14 4.69 10.20 14.40 15.71 16.96 14.11 13.64 13.19 15.56 14.91 13.05 12.99 KOREA................... 0.30 0.79 0.95 2.72 3.99 4.31 4.71 5.54 5.36 3.87 4.79 5.30 5.26 6.26 TAIWAN.................. 0.27 0.82 1.28 3.18 4.20 4.45 4.67 4.76 4.54 3.98 4.15 4.27 4.15 4.26 AUSTRIA................. 3.31 6.16 5.03 12.19 13.00 13.74 16.36 15.83 14.19 14.22 13.58 12.05 11.96 13.13 BELGIUM................. 5.31 10.21 7.14 15.12 16.89 18.33 .. .. .. .. .. .. .. .. DENMARK................. 5.12 9.14 6.97 15.15 16.27 .. .. .. .. .. .. .. .. .. FINLAND................. 3.48 6.17 6.05 14.85 11.43 #12.09 #15.96 15.08 13.97 13.62 13.84 12.48 12.50 13.33 FRANCE.................. 3.59 7.16 6.14 12.35 13.20 13.68 15.30 14.95 13.72 13.90 13.75 12.66 12.68 13.94 GERMANY, FORMER WEST.... 4.37 8.59 6.69 14.93 16.62 17.58 20.57 20.35 18.01 17.91 17.51 16.05 16.16 17.50 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 17.06 16.69 15.34 15.46 16.72 IRELAND................. 2.69 4.95 4.97 8.95 8.95 9.04 9.81 9.63 9.61 9.23 9.47 8.73 9.30 10.14 ITALY................... 3.40 6.58 6.02 13.91 12.55 12.52 12.79 13.96 13.19 12.84 12.48 11.03 10.85 11.71 NORWAY.................. .. 8.91 7.69 16.85 15.97 16.61 18.95 19.30 18.31 18.47 18.68 17.08 17.76 20.80 SPAIN (1)............... .. .. .. 8.50 8.51 8.12 9.02 .. .. .. .. .. .. .. SWEDEN.................. 6.33 11.14 8.47 17.63 14.74 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 4.65 9.06 7.87 16.82 17.63 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 2.98 6.76 5.15 10.54 10.51 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Including rubber & plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 22 LEATHER AND LEATHER PRODUCTS MANUFACTURING (US SIC 31) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 3.91 5.79 7.64 9.10 10.27 10.74 10.87 11.37 11.77 12.36 12.74 13.41 13.66 13.69 BRAZIL.................. .. .. .. .. .. .. .. 2.99 3.09 3.06 2.79 3.17 3.36 .. CANADA.................. .. .. 9.24 11.41 12.03 12.58 12.75 14.42 14.10 14.14 13.72 14.25 13.87 14.57 MEXICO.................. .. .. .. .. #6.32 6.70 7.02 8.26 9.81 11.30 14.05 15.76 18.89 20.96 ISRAEL.................. 1.14 13.55 #3.23 13.02 18.53 21.35 24.68 28.88 33.05 35.54 39.13 42.03 41.24 41.56 JAPAN................... 705.3 934.9 1118 1479 1600 1605 1594 1535 1652 1728 1769 1608 1587 1626 KOREA................... 146.0 481.4 825.7 1923 3202 3462 3634 4453 5096 5416 5696 5995 6795 7827 TAIWAN.................. 10.39 29.70 50.87 85.57 111.1 117.7 123.8 130.9 130.8 133.5 134.2 133.5 140.4 147.0 AUSTRIA................. 57.55 79.64 104.1 138.1 151.3 156.7 164.9 167.6 173.2 176.0 #12.75 13.05 13.36 13.89 BELGIUM................. 194.8 298.2 423.8 505.2 584.1 612.6 .. .. .. .. .. .. .. .. DENMARK................. 29.37 51.44 73.87 93.76 105.5 .. .. .. .. .. .. .. .. .. FINLAND................. 12.74 22.95 37.51 56.88 65.44 #63.29 #69.84 69.30 72.60 72.85 #12.99 13.52 13.96 14.10 FRANCE.................. 15.39 30.20 55.11 67.25 74.82 75.86 76.29 76.46 80.13 82.00 #12.91 13.71 14.17 14.74 GERMANY, FORMER WEST.... 10.74 15.58 19.70 24.15 27.50 28.51 29.45 30.63 31.24 31.53 #16.44 17.38 18.05 18.51 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 30.02 #15.67 16.62 17.27 17.68 IRELAND................. 1.21 2.41 4.66 5.40 6.11 6.04 6.12 6.02 6.33 6.48 #8.89 9.46 10.39 10.73 ITALY................... 2215 5623 11495 16663 19738 20166 20843 21546 22480 22297 #11.72 11.95 12.12 12.39 NORWAY.................. .. 43.99 66.06 105.4 113.3 117.2 120.0 124.6 129.7 139.5 145.8 150.6 159.8 166.1 SPAIN (1)............... .. .. .. 867.2 1084 1087 1124 .. .. .. .. .. .. .. SWEDEN.................. 26.21 47.12 72.89 104.4 114.9 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 12.01 15.17 19.31 23.39 26.06 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.34 2.90 3.97 5.91 7.00 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Including rubber & plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 23 LEATHER FOOTWEAR MANUFACTURING (US SIC 314) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 27 25 22 13 13 11 .. MEXICO.................. .. .. 15 15 22 21 11 10 10 10 10 12 13 13 HONG KONG SAR (1)....... 24 33 27 37 .. .. .. .. .. .. .. .. .. .. KOREA................... 9 15 13 30 .. .. .. .. .. .. .. .. .. .. BELGIUM................. 147 186 101 170 171 171 .. .. .. .. .. .. .. .. DENMARK................. 134 159 95 175 171 .. .. .. .. .. .. .. .. .. FRANCE.................. 98 131 84 141 139 135 150 139 124 118 113 100 98 106 GERMANY, FORMER WEST.... 118 155 92 172 176 174 202 190 161 151 141 124 122 129 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 147 137 119 117 124 ITALY................... 87 114 79 153 127 119 120 124 113 104 98 83 80 85 SPAIN (2)............... .. .. .. 90 80 71 78 .. .. .. .. .. .. .. UNITED KINGDOM.......... 81 122 70 123 112 108 119 115 114 114 .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Including rubber & plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 24 LEATHER FOOTWEAR MANUFACTURING (US SIC 314) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 3.75 5.60 7.30 8.75 9.59 10.26 10.35 10.88 11.26 11.93 12.30 12.88 13.10 13.40 BRAZIL.................. .. .. .. .. .. .. .. 2.97 2.83 2.60 1.62 1.68 1.39 .. MEXICO.................. .. .. 1.12 1.34 2.16 2.11 1.13 1.07 1.11 1.16 1.28 1.53 1.74 1.68 HONG KONG SAR (1)....... 0.89 1.82 2.00 3.23 .. .. .. .. .. .. .. .. .. .. KOREA................... 0.32 0.86 0.91 2.62 .. .. .. .. .. .. .. .. .. .. BELGIUM................. 5.51 10.39 7.39 14.92 16.40 17.49 .. .. .. .. .. .. .. .. DENMARK................. 5.02 8.89 6.97 15.30 16.42 .. .. .. .. .. .. .. .. .. FRANCE.................. 3.67 7.31 6.15 12.30 13.29 13.81 15.48 15.16 13.92 14.10 13.95 12.84 12.87 14.14 GERMANY, FORMER WEST.... 4.42 8.65 6.75 15.05 16.83 17.82 20.88 20.63 18.16 18.03 17.39 15.94 16.03 17.25 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 17.51 16.89 15.28 15.35 16.55 ITALY................... 3.26 6.37 5.78 13.43 12.17 12.17 12.39 13.54 12.78 12.43 12.08 10.66 10.48 11.33 SPAIN (2)............... .. .. .. 7.88 7.66 7.25 8.02 .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.03 6.82 5.12 10.74 10.72 11.11 12.29 12.55 12.83 13.57 .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Including rubber & plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 25 LEATHER FOOTWEAR MANUFACTURING (US SIC 314) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 3.75 5.60 7.30 8.75 9.59 10.26 10.35 10.88 11.26 11.93 12.30 12.88 13.10 13.40 BRAZIL.................. .. .. .. .. .. .. .. 2.98 3.05 3.02 2.94 3.07 3.28 .. MEXICO.................. .. .. 288.3 3768 #6.72 7.12 7.27 8.09 8.76 10.66 12.27 14.43 16.23 16.26 HONG KONG SAR (1)....... 4.40 9.06 15.60 25.17 .. .. .. .. .. .. .. .. .. .. KOREA................... 156.9 520.2 794.6 1857 .. .. .. .. .. .. .. .. .. .. BELGIUM................. 202.0 303.5 438.4 498.7 567.3 584.7 .. .. .. .. .. .. .. .. DENMARK................. 28.79 50.06 73.89 94.69 106.5 .. .. .. .. .. .. .. .. .. FRANCE.................. 15.72 30.87 55.19 66.98 75.33 76.57 77.18 77.56 81.28 83.18 #13.09 13.90 14.37 14.95 GERMANY, FORMER WEST.... 10.86 15.70 19.85 24.34 27.86 28.90 29.89 31.05 31.51 31.74 #16.33 17.27 17.91 18.24 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 30.82 #15.86 16.55 17.15 17.50 ITALY................... 2126 5443 11031 16086 19140 19602 20177 20896 21773 21594 #11.34 11.55 11.70 11.98 SPAIN (2)............... .. .. .. 803.6 977.1 970.3 999.6 .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.37 2.93 3.95 6.02 7.14 7.25 7.79 8.04 7.83 8.19 .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Including rubber & plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 26 LUMBER, WOOD PRODUCTS, AND FURNITURE (US SIC 24 & 25 & ISIC 33) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 23 21 20 12 12 10 .. CANADA.................. .. .. 98 123 114 109 108 110 104 95 92 91 84 84 MEXICO.................. .. .. 11 8 12 12 7 7 8 8 9 10 11 12 ISRAEL.................. 42 37 32 64 64 69 79 80 81 78 73 75 75 65 JAPAN................... 46 56 50 90 121 131 144 121 110 98 110 111 92 86 KOREA................... 6 12 12 31 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 9 17 20 38 45 47 47 44 41 36 36 36 31 24 AUSTRIA................. 79 103 65 128 135 146 167 162 138 136 131 114 110 116 BELGIUM................. 117 148 79 146 152 160 .. .. .. .. .. .. .. .. DENMARK................. 111 120 72 142 138 .. .. .. .. .. .. .. .. .. FINLAND................. 80 95 70 159 117 #126 #156 148 130 130 .. .. .. .. FRANCE.................. 77 98 63 113 111 113 124 119 104 103 99 87 84 90 GERMANY, FORMER WEST.... 115 147 86 167 185 184 211 .. .. .. .. .. .. .. ITALY................... 76 88 66 130 109 108 107 113 103 96 91 77 73 76 NETHERLANDS............. 116 136 75 133 140 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 135 90 158 134 137 156 157 144 142 141 123 121 140 SPAIN................... .. .. .. 69 66 62 67 74 61 60 59 51 49 51 SWEDEN.................. 136 149 88 169 132 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 119 137 92 171 175 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 65 89 55 93 81 84 86 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Includes metal furniture for the United States, Canada, Japan, and Taiwan. Metal furniture is classified in fabricated metal products in the other countries. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 27 LUMBER, WOOD PRODUCTS, AND FURNITURE (US SIC 24 & 25 & ISIC 33) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 4.97 7.84 10.12 11.67 12.65 12.86 13.22 13.66 14.12 14.52 14.99 15.61 16.23 16.70 BRAZIL.................. .. .. .. .. .. .. .. 3.20 3.00 2.85 1.86 1.91 1.63 .. CANADA.................. .. .. 9.92 14.32 14.47 14.00 14.30 15.06 14.67 13.72 13.80 14.13 13.61 14.10 MEXICO.................. .. .. 1.15 0.98 1.54 1.52 0.93 0.95 1.07 1.11 1.28 1.53 1.83 1.93 ISRAEL.................. 2.07 2.90 3.23 7.49 8.09 8.87 10.39 10.97 11.39 11.30 10.99 11.78 12.24 10.86 JAPAN................... 2.29 4.35 5.06 10.48 15.36 16.84 19.04 16.53 15.52 14.18 16.47 17.27 14.86 14.38 KOREA................... 0.31 0.94 1.19 3.66 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.43 1.36 2.02 4.49 5.74 6.06 6.28 6.05 5.84 5.16 5.43 5.55 5.02 3.95 AUSTRIA................. 3.93 8.04 6.63 14.94 17.13 18.76 22.02 22.12 19.55 19.79 19.62 17.81 17.83 19.41 BELGIUM................. 5.79 11.62 8.00 17.03 19.17 20.61 .. .. .. .. .. .. .. .. DENMARK................. 5.50 9.42 7.32 16.55 17.46 .. .. .. .. .. .. .. .. .. FINLAND................. 3.98 7.43 7.04 18.59 14.77 #16.25 #20.68 20.21 18.42 18.94 .. .. .. .. FRANCE.................. 3.81 7.67 6.42 13.15 13.99 14.57 16.42 16.24 14.73 14.97 14.82 13.55 13.69 14.98 GERMANY, FORMER WEST.... 5.71 11.52 8.70 19.52 23.41 23.64 27.87 .. .. .. .. .. .. .. ITALY................... 3.79 6.92 6.66 15.16 13.84 13.89 14.19 15.46 14.48 13.92 13.68 12.06 11.83 12.76 NETHERLANDS............. 5.78 10.65 7.59 15.49 17.68 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 10.57 9.13 18.42 16.90 17.67 20.66 21.39 20.33 20.57 21.13 19.20 19.72 23.35 SPAIN................... .. .. .. 8.03 8.33 7.99 8.92 10.07 8.62 8.74 8.77 7.99 7.98 8.49 SWEDEN.................. 6.76 11.65 8.92 19.69 16.65 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 5.93 10.70 9.29 20.00 22.12 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.22 6.95 5.55 10.87 10.30 10.77 11.42 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Includes metal furniture for the United States, Canada, Japan, and Taiwan. Metal furniture is classified in fabricated metal products in the other countries. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 28 LUMBER, WOOD PRODUCTS, AND FURNITURE (US SIC 24 & 25 & ISIC 33) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 4.97 7.84 10.12 11.67 12.65 12.86 13.22 13.66 14.12 14.52 14.99 15.61 16.23 16.70 BRAZIL.................. .. .. .. .. .. .. .. 3.22 3.24 3.31 3.38 3.49 3.82 .. CANADA.................. .. .. 13.55 16.72 18.66 19.13 19.63 20.55 20.31 20.36 20.51 21.00 21.08 22.13 MEXICO.................. .. .. 296.6 2755 #4.81 5.13 5.96 7.19 8.45 10.16 12.20 14.50 17.08 18.66 ISRAEL.................. 1.33 14.85 #3.80 15.11 22.89 26.70 31.29 35.01 39.27 42.92 45.49 48.02 51.47 51.47 JAPAN................... 680.7 981.7 1208 1519 1706 1721 1789 1798 1879 1857 1872 1861 1807 1801 KOREA................... 150.2 573.2 1033 2588 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 16.49 48.86 80.64 120.8 151.6 160.4 166.3 166.1 168.1 173.0 175.5 173.6 169.8 136.5 AUSTRIA................. 68.30 104.0 137.1 169.3 199.4 214.1 222.0 234.3 238.6 245.1 #18.42 19.29 19.92 20.53 BELGIUM................. 212.4 339.3 474.9 569.1 663.1 689.1 .. .. .. .. .. .. .. .. DENMARK................. 31.55 53.02 77.63 102.4 113.3 .. .. .. .. .. .. .. .. .. FINLAND................. 14.60 27.64 43.63 71.19 84.57 #85.04 #90.48 92.86 95.72 101.2 .. .. .. .. FRANCE.................. 16.29 32.37 57.65 71.63 79.26 80.79 81.87 83.07 86.03 88.33 #13.91 14.67 15.29 15.84 GERMANY, FORMER WEST.... 14.02 20.90 25.58 31.57 38.75 38.35 39.91 .. .. .. .. .. .. .. ITALY................... 2471 5916 12707 18160 21777 22383 23119 23861 24679 24171 #12.84 13.06 13.21 13.50 NETHERLANDS............. 14.59 21.14 25.17 28.23 32.85 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 52.15 78.49 115.2 119.9 124.7 130.9 138.2 144.1 155.4 165.0 169.2 177.4 186.5 SPAIN................... .. .. .. 819.2 1062 1070 1111 1276 1262 1306 #8.23 8.66 8.91 8.98 SWEDEN.................. 28.00 49.26 76.74 116.6 129.8 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 15.31 17.93 22.80 27.80 32.70 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.45 2.99 4.28 6.09 6.86 7.03 7.24 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Includes metal furniture for the United States, Canada, Japan, and Taiwan. Metal furniture is classified in fabricated metal products in the other countries. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 29 LUMBER AND WOOD PRODUCTS MANUFACTURING (US SIC 24) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 24 20 19 13 12 10 .. CANADA.................. .. .. 102 131 122 116 116 117 112 100 96 94 87 87 MEXICO.................. .. .. 11 8 12 11 7 7 7 7 8 9 10 10 JAPAN................... 43 51 46 87 119 131 144 123 111 97 110 111 94 90 KOREA................... 6 11 11 31 44 46 53 49 48 32 37 43 40 45 TAIWAN.................. 6 10 12 26 32 34 36 33 30 27 27 27 25 24 BELGIUM................. 113 140 77 145 152 161 .. .. .. .. .. .. .. .. FINLAND................. 76 90 67 160 118 #129 #162 154 136 136 129 112 112 116 FRANCE.................. 74 93 62 113 109 112 121 113 100 99 95 83 82 88 GREECE.................. 30 42 32 53 55 58 65 67 63 62 .. .. .. .. IRELAND................. .. .. .. .. .. .. 85 85 82 83 81 71 73 79 SWEDEN.................. 130 140 84 167 132 #137 153 167 149 142 135 121 107 116 SWITZERLAND............. 107 121 81 156 163 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 30 LUMBER AND WOOD PRODUCTS MANUFACTURING (US SIC 24) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.22 8.40 10.68 11.90 12.78 12.97 13.33 13.79 14.18 14.56 15.02 15.59 16.13 16.50 BRAZIL.................. .. .. .. .. .. .. .. 3.36 2.87 2.79 1.92 1.80 1.57 .. CANADA.................. .. .. 10.92 15.58 15.60 14.98 15.42 16.20 15.87 14.57 14.45 14.68 13.99 14.42 MEXICO.................. .. .. 1.19 0.96 1.49 1.43 0.88 0.92 1.03 1.04 1.16 1.34 1.53 1.63 JAPAN................... 2.26 4.31 4.88 10.32 15.23 17.03 19.23 16.93 15.67 14.19 16.49 17.37 15.09 14.85 KOREA................... 0.31 0.91 1.18 3.73 5.60 6.00 7.01 6.79 6.87 4.64 5.62 6.65 6.46 7.37 TAIWAN.................. 0.33 0.85 1.27 3.05 4.04 4.45 4.77 4.56 4.30 3.86 3.99 4.16 4.03 4.03 BELGIUM................. 5.88 11.78 8.18 17.21 19.47 20.84 .. .. .. .. .. .. .. .. FINLAND................. 3.97 7.57 7.16 19.07 15.14 #16.74 #21.61 21.19 19.26 19.87 19.34 17.52 18.04 19.19 FRANCE.................. 3.88 7.81 6.58 13.42 13.90 14.49 16.08 15.59 14.17 14.44 14.29 13.01 13.18 14.53 GREECE.................. 1.58 3.53 3.37 6.27 6.99 7.46 8.62 9.19 8.87 8.98 .. .. .. .. IRELAND................. .. .. .. .. .. .. 11.36 11.78 11.70 12.03 12.17 11.14 11.74 13.05 SWEDEN.................. 6.81 11.73 8.98 19.92 16.82 #17.78 20.41 23.07 21.16 20.69 20.29 18.90 17.29 19.18 SWITZERLAND............. 5.57 10.12 8.62 18.59 20.84 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 31 LUMBER AND WOOD PRODUCTS MANUFACTURING (US SIC 24) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.22 8.40 10.68 11.90 12.78 12.97 13.33 13.79 14.18 14.56 15.02 15.59 16.13 16.50 BRAZIL.................. .. .. .. .. .. .. .. 3.38 3.09 3.24 3.50 3.30 3.70 .. CANADA.................. .. .. 14.91 18.18 20.12 20.47 21.17 22.10 21.98 21.62 21.47 21.82 21.67 22.64 MEXICO.................. .. .. 305.0 2696 #4.63 4.82 5.66 7.00 8.17 9.54 11.12 12.69 14.32 15.74 JAPAN................... 671.1 972.1 1163 1497 1692 1741 1807 1842 1898 1859 1875 1873 1835 1859 KOREA................... 148.6 552.9 1027 2639 4498 4820 5410 5460 6533 6501 6686 7516 8347 9217 TAIWAN.................. 12.68 30.48 50.48 81.99 106.7 117.9 126.3 125.3 123.7 129.5 128.9 130.1 136.4 139.1 BELGIUM................. 215.8 344.0 485.1 575.2 673.4 696.5 .. .. .. .. .. .. .. .. FINLAND................. 14.56 28.15 44.40 73.02 86.65 #87.63 #94.55 97.38 100.1 106.3 #18.15 18.98 20.15 20.30 FRANCE.................. 16.60 32.96 59.13 73.09 78.75 80.38 80.16 79.75 82.76 85.22 #13.41 14.09 14.73 15.37 GREECE.................. 51.15 150.4 465.6 993.4 1602 1811 1997 2211 2424 2653 .. .. .. .. IRELAND................. .. .. .. .. .. .. 7.08 7.37 7.71 8.44 #11.42 12.06 13.12 13.81 SWEDEN.................. 28.20 49.59 77.27 118.0 131.1 #137.2 145.7 154.8 161.8 164.6 #167.9 173.4 178.8 186.4 SWITZERLAND............. 14.36 16.95 21.17 25.83 30.80 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 32 FURNITURE AND FIXTURES MANUFACTURING (US SIC 25) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 23 22 20 12 13 10 .. CANADA.................. .. .. 85 102 94 90 87 90 85 80 81 81 77 78 MEXICO.................. .. .. 12 9 13 12 7 7 8 8 9 10 12 12 HONG KONG SAR (2)....... 34 34 23 34 .. .. .. .. .. .. .. .. .. .. JAPAN................... 50 63 57 94 125 133 146 121 110 98 111 110 90 82 KOREA................... 7 15 13 32 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 7 13 15 32 35 36 35 34 31 27 27 29 26 23 BELGIUM................. 124 165 85 149 152 161 .. .. .. .. .. .. .. .. FINLAND................. 87 100 72 152 109 #115 #140 131 117 112 .. .. .. .. FRANCE.................. 82 109 67 115 109 109 116 109 95 93 89 79 75 79 GREECE.................. 32 48 35 54 51 55 63 67 61 57 .. .. .. .. SWEDEN.................. 142 162 93 165 127 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 130 155 101 179 179 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Includes metal furniture for the United States, Canada, Japan, and Taiwan. Metal furniture is classified in fabricated metal products in the other countries. (2) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 33 FURNITURE AND FIXTURES MANUFACTURING (US SIC 25) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 4.63 7.01 9.34 11.38 12.53 12.77 13.15 13.57 14.15 14.58 15.05 15.71 16.50 17.12 BRAZIL.................. .. .. .. .. .. .. .. 3.11 3.09 2.89 1.82 1.98 1.66 .. CANADA.................. .. .. 7.90 11.61 11.77 11.48 11.47 12.18 12.02 11.64 12.13 12.77 12.77 13.36 MEXICO.................. .. .. 1.12 1.00 1.58 1.58 0.97 0.97 1.09 1.15 1.34 1.63 1.97 2.07 HONG KONG SAR (2)....... 1.60 2.35 2.18 3.89 .. .. .. .. .. .. .. .. .. .. JAPAN................... 2.33 4.39 5.32 10.69 15.68 16.93 19.14 16.38 15.55 14.31 16.64 17.36 14.81 14.10 KOREA................... 0.30 1.02 1.21 3.68 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.33 0.93 1.43 3.60 4.40 4.53 4.66 4.61 4.44 3.91 4.12 4.50 4.32 3.91 BELGIUM................. 5.75 11.54 7.91 16.98 19.02 20.51 .. .. .. .. .. .. .. .. FINLAND................. 4.04 6.99 6.75 17.36 13.69 #14.70 #18.40 17.74 16.57 16.37 .. .. .. .. FRANCE.................. 3.78 7.61 6.29 13.04 13.60 13.91 15.31 14.81 13.41 13.58 13.45 12.34 12.43 13.52 GREECE.................. 1.49 3.35 3.24 6.10 6.33 6.99 8.28 9.03 8.67 8.36 .. .. .. .. SWEDEN.................. 6.58 11.38 8.67 18.83 15.97 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 6.05 10.84 9.45 20.36 22.45 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Includes metal furniture for the United States, Canada, Japan, and Taiwan. Metal furniture is classified in fabricated metal products in the other countries. (2) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 34 FURNITURE AND FIXTURES MANUFACTURING (US SIC 25) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 4.63 7.01 9.34 11.38 12.53 12.77 13.15 13.57 14.15 14.58 15.05 15.71 16.50 17.12 BRAZIL.................. .. .. .. .. .. .. .. 3.13 3.33 3.35 3.31 3.62 3.91 .. CANADA.................. .. .. 10.79 13.54 15.19 15.68 15.75 16.61 16.65 17.27 18.03 18.97 19.78 20.97 MEXICO.................. .. .. 287.2 2810 #4.93 5.35 6.20 7.34 8.64 10.53 12.84 15.44 18.40 19.97 HONG KONG SAR (2)....... 7.88 11.70 16.99 30.32 .. .. .. .. .. .. .. .. .. .. JAPAN................... 691.1 991.0 1270 1551 1742 1731 1799 1782 1883 1875 1892 1871 1801 1766 KOREA................... 147.3 619.7 1056 2601 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 12.56 33.49 56.95 96.82 116.2 120.0 123.6 126.7 127.9 131.2 133.2 140.5 146.1 134.9 BELGIUM................. 210.8 336.8 469.6 567.4 657.9 685.8 .. .. .. .. .. .. .. .. FINLAND................. 14.80 26.00 41.82 66.47 78.36 #76.95 #80.50 81.49 86.10 87.51 .. .. .. .. FRANCE.................. 16.18 32.10 56.46 71.05 77.10 77.13 76.32 75.76 78.30 80.13 #12.63 13.36 13.89 14.30 GREECE.................. 48.05 142.6 448.0 966.4 1451 1695 1919 2173 2368 2470 .. .. .. .. SWEDEN.................. 27.24 48.11 74.61 111.5 124.5 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 15.61 18.16 23.20 28.30 33.18 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Includes metal furniture for the United States, Canada, Japan, and Taiwan. Metal furniture is classified in fabricated metal products in the other countries. (2) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 35 PAPER, PRINTING, AND PUBLISHING (US SIC 26 & 27 & ISIC 34) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 41 40 38 23 24 18 .. CANADA.................. .. .. 93 116 111 102 102 101 96 89 85 .. .. .. MEXICO.................. .. .. 12 10 15 14 8 8 9 9 10 12 13 13 AUSTRALIA............... 95 96 67 91 81 88 .. .. .. .. .. .. .. .. JAPAN................... 47 56 51 86 117 128 140 122 109 94 104 109 93 86 KOREA................... 6 12 11 25 34 37 41 45 46 33 43 43 41 43 TAIWAN.................. .. 12 13 27 34 36 38 37 35 30 31 32 30 26 BELGIUM................. 104 133 69 131 133 138 .. .. .. .. .. .. .. .. DENMARK................. 113 138 76 138 139 .. .. .. .. .. .. .. .. .. FINLAND................. 83 97 74 159 117 #132 #165 159 142 141 137 120 117 124 FRANCE.................. 82 96 63 119 117 120 132 127 111 109 104 91 88 93 GERMANY, FORMER WEST.... 95 123 70 141 147 154 182 173 147 142 135 120 114 119 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 139 132 117 111 116 ITALY................... 84 92 64 130 105 104 103 111 102 95 90 77 73 76 NETHERLANDS............. 107 125 68 128 129 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 75 69 68 74 73 67 66 63 55 51 54 SWEDEN.................. 120 141 81 152 117 #122 137 154 134 128 123 111 97 103 SWITZERLAND............. 100 128 85 157 150 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 52 80 54 94 83 88 91 90 96 99 97 91 86 88 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 36 PAPER, PRINTING, AND PUBLISHING (US SIC 26 & 27 & ISIC 34) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.59 10.08 13.54 15.69 17.17 17.39 17.75 18.13 18.80 19.31 19.86 20.40 21.34 22.08 BRAZIL.................. .. .. .. .. .. .. .. 7.41 7.59 7.29 4.48 4.89 3.95 .. CANADA.................. .. .. 12.55 18.17 19.03 17.76 18.10 18.33 18.10 17.27 16.89 .. .. .. MEXICO.................. .. .. 1.59 1.57 2.51 2.50 1.47 1.50 1.74 1.80 2.04 2.37 2.70 2.80 AUSTRALIA............... 6.28 9.71 9.09 14.32 13.95 15.30 .. .. .. .. .. .. .. .. JAPAN................... 3.12 5.67 6.92 13.52 20.12 22.25 24.84 22.10 20.44 18.11 20.69 22.30 19.90 18.92 KOREA................... 0.40 1.16 1.46 3.98 5.75 6.46 7.31 8.14 8.59 6.37 8.52 8.85 8.66 9.58 TAIWAN.................. .. 1.25 1.78 4.29 5.76 6.18 6.71 6.68 6.57 5.80 6.09 6.53 6.39 5.70 BELGIUM................. 6.87 13.44 9.36 20.51 22.91 24.08 .. .. .. .. .. .. .. .. DENMARK................. 7.41 13.94 10.24 21.62 23.81 .. .. .. .. .. .. .. .. .. FINLAND................. 5.46 9.82 10.04 24.93 20.07 #22.89 #29.33 28.81 26.73 27.30 27.31 24.51 25.04 27.28 FRANCE.................. 5.41 9.65 8.54 18.69 20.03 20.90 23.39 23.07 20.81 21.07 20.65 18.63 18.79 20.61 GERMANY, FORMER WEST.... 6.28 12.42 9.48 22.10 25.24 26.77 32.26 31.37 27.62 27.42 26.87 24.54 24.34 26.20 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 26.78 26.23 23.93 23.74 25.51 ITALY................... 5.55 9.27 8.65 20.38 18.06 18.14 18.32 20.16 19.10 18.44 17.86 15.75 15.48 16.77 NETHERLANDS............. 7.04 12.64 9.27 20.01 22.20 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 11.71 11.88 11.84 13.15 13.21 12.53 12.79 12.52 11.20 10.95 11.96 SWEDEN.................. 7.90 14.17 10.93 23.82 20.02 #21.23 24.37 27.98 25.17 24.63 24.41 22.66 20.72 22.67 SWITZERLAND............. 6.60 12.94 11.51 24.63 25.68 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.41 8.10 7.37 14.78 14.19 15.34 16.19 16.38 18.00 19.02 19.21 18.59 18.30 19.48 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 37 PAPER, PRINTING, AND PUBLISHING (US SIC 26 & 27 & ISIC 34) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.59 10.08 13.54 15.69 17.17 17.39 17.75 18.13 18.80 19.31 19.86 20.40 21.34 22.08 BRAZIL.................. .. .. .. .. .. .. .. 7.45 8.18 8.46 8.16 8.95 9.29 .. CANADA.................. .. .. 17.14 21.20 24.55 24.26 24.85 25.00 25.07 25.63 25.10 .. .. .. MEXICO.................. .. .. 408.4 4423 #7.82 8.43 9.43 11.43 13.78 16.46 19.53 22.46 25.18 27.08 AUSTRALIA............... 4.80 8.52 12.98 18.35 20.52 20.92 .. .. .. .. .. .. .. .. JAPAN................... 926.9 1279 1652 1960 2235 2274 2334 2405 2475 2373 2353 2404 2420 2369 KOREA................... 194.9 706.0 1269 2818 4618 5192 5641 6551 8164 8915 10140 10009 11185 11975 TAIWAN.................. .. 44.98 70.98 115.4 152.1 163.7 177.8 183.6 189.2 194.7 196.7 204.2 216.2 196.9 BELGIUM................. 251.9 392.6 555.6 685.3 792.1 805.1 .. .. .. .. .. .. .. .. DENMARK................. 42.52 78.49 108.5 133.8 154.4 .. .. .. .. .. .. .. .. .. FINLAND................. 20.03 36.51 62.22 95.48 114.9 #119.8 #128.4 132.4 138.9 146.0 #25.63 26.55 27.97 28.85 FRANCE.................. 23.15 40.71 76.68 101.8 113.5 115.9 116.6 118.0 121.5 124.3 #19.38 20.18 21.00 21.80 GERMANY, FORMER WEST.... 15.41 22.54 27.90 35.73 41.76 43.41 46.19 47.21 47.92 48.26 #25.22 26.58 27.19 27.72 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 47.14 #24.62 25.92 26.52 26.99 ITALY................... 3622 7925 16506 24419 28413 29227 29839 31113 32553 32029 #16.77 17.06 17.30 17.73 NETHERLANDS............. 17.75 25.08 30.77 36.47 41.24 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 1195 1515 1586 1639 1674 1835 1911 #11.75 12.13 12.23 12.65 SWEDEN.................. 32.74 59.94 94.03 141.1 156.1 #163.8 174.0 187.7 192.4 195.9 #202.0 207.9 214.3 220.3 SWITZERLAND............. 17.03 21.68 28.26 34.23 37.96 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.54 3.48 5.68 8.28 9.45 10.01 10.26 10.49 10.99 11.48 11.88 12.27 12.71 12.97 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 38 PAPER AND ALLIED PRODUCTS MANUFACTURING (US SIC 26) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 37 35 32 19 21 16 .. CANADA.................. .. .. 95 119 114 107 107 106 103 96 94 93 86 81 MEXICO.................. .. .. 11 11 15 14 8 8 8 8 9 10 11 11 ISRAEL.................. 32 33 23 42 42 43 48 49 52 49 46 47 46 38 JAPAN................... 50 54 45 80 106 116 125 106 98 85 95 97 83 76 KOREA................... 6 10 9 22 29 32 35 37 37 28 36 39 35 39 TAIWAN.................. 7 11 12 24 27 30 31 30 28 24 25 26 24 21 AUSTRIA................. 74 89 54 116 114 120 137 135 115 112 109 94 86 90 BELGIUM................. 99 121 60 114 117 121 .. .. .. .. .. .. .. .. DENMARK................. 99 110 60 117 114 .. .. .. .. .. .. .. .. .. FINLAND................. 84 95 69 149 110 #123 #154 148 135 133 132 115 111 117 FRANCE.................. 77 93 53 98 96 98 106 102 90 89 86 75 71 75 GERMANY, FORMER WEST.... 89 109 60 122 125 130 150 143 124 119 115 101 95 98 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 116 111 98 91 95 GREECE.................. 24 35 25 40 37 39 42 43 39 37 .. .. .. .. IRELAND................. 48 60 41 75 68 70 77 76 71 68 71 58 57 62 ITALY................... 81 85 55 111 89 87 88 93 86 81 77 66 60 63 NETHERLANDS............. 110 118 62 114 118 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 109 69 126 105 107 125 127 116 112 113 103 96 105 SPAIN................... .. .. .. 71 63 61 66 67 60 60 58 51 49 50 SWEDEN.................. 118 130 73 140 106 #111 125 141 125 119 116 104 89 93 SWITZERLAND............. 88 100 64 124 118 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 46 64 40 73 68 70 73 78 83 85 84 78 72 74 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 39 PAPER AND ALLIED PRODUCTS MANUFACTURING (US SIC 26) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.52 10.68 15.00 17.26 19.14 19.51 20.09 20.61 21.07 21.72 22.12 22.91 24.38 25.39 BRAZIL.................. .. .. .. .. .. .. .. 7.64 7.45 6.94 4.30 4.73 3.85 .. CANADA.................. .. .. 14.23 20.55 21.78 20.87 21.58 21.84 21.76 20.89 20.76 21.24 21.06 20.66 MEXICO.................. .. .. 1.68 1.84 2.81 2.64 1.54 1.57 1.79 1.77 2.02 2.32 2.66 2.69 ISRAEL.................. 2.10 3.48 3.42 7.33 7.99 8.39 9.57 10.16 10.94 10.70 10.25 10.85 11.20 9.73 JAPAN................... 3.24 5.73 6.80 13.78 20.36 22.59 25.16 21.90 20.66 18.55 21.02 22.29 20.15 19.21 KOREA................... 0.37 1.05 1.28 3.85 5.48 6.21 7.05 7.68 7.85 6.11 7.86 9.04 8.52 9.96 TAIWAN.................. 0.46 1.23 1.78 4.18 5.26 5.76 6.27 6.10 5.93 5.14 5.53 6.01 5.90 5.35 AUSTRIA................. 4.84 9.55 8.16 20.07 21.81 23.36 27.60 27.82 24.15 24.33 24.22 21.43 21.05 22.83 BELGIUM................. 6.49 12.92 9.06 19.59 22.31 23.58 .. .. .. .. .. .. .. .. DENMARK................. 6.49 11.71 9.05 20.26 21.81 .. .. .. .. .. .. .. .. .. FINLAND................. 5.51 10.12 10.42 25.75 21.05 #23.99 #30.94 30.48 28.38 28.96 29.13 26.35 27.15 29.60 FRANCE.................. 5.02 9.91 7.90 16.94 18.37 19.15 21.38 20.98 19.05 19.35 18.98 17.19 17.43 19.08 GERMANY, FORMER WEST.... 5.78 11.65 8.93 21.08 23.87 25.42 30.21 29.37 26.04 25.86 25.33 23.23 23.05 24.99 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 25.10 24.56 22.48 22.30 24.18 GREECE.................. 1.59 3.72 3.77 6.86 7.15 7.54 8.42 8.77 8.27 7.93 .. .. .. .. IRELAND................. 3.13 6.40 6.09 12.86 13.05 13.72 15.43 15.75 14.98 14.83 15.65 13.23 13.85 15.78 ITALY................... 5.28 9.06 8.18 19.19 16.96 16.99 17.63 19.20 18.14 17.50 17.04 15.01 14.66 15.90 NETHERLANDS............. 7.18 12.60 9.31 19.74 22.54 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 11.65 10.30 21.82 20.14 20.96 25.04 26.21 24.44 24.42 25.01 23.52 23.48 26.62 SPAIN................... .. .. .. 12.17 12.01 11.81 13.31 13.89 12.64 12.96 12.86 11.68 11.91 12.77 SWEDEN.................. 7.71 13.90 10.96 24.11 20.26 #21.63 25.08 29.04 26.33 25.82 25.59 23.82 21.72 23.68 SWITZERLAND............. 5.73 10.64 9.56 21.35 22.67 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 2.99 6.85 5.96 12.53 13.10 13.72 14.74 16.03 17.51 18.39 18.56 17.85 17.49 18.72 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 40 PAPER AND ALLIED PRODUCTS MANUFACTURING (US SIC 26) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.52 10.68 15.00 17.26 19.14 19.51 20.09 20.61 21.07 21.72 22.12 22.91 24.38 25.39 BRAZIL.................. .. .. .. .. .. .. .. 7.68 8.03 8.05 7.83 8.65 9.07 .. CANADA.................. .. .. 19.44 23.99 28.10 28.50 29.63 29.79 30.14 31.00 30.84 31.56 32.62 32.44 MEXICO.................. .. .. 430.4 5166 #8.74 8.90 9.91 11.91 14.16 16.19 19.26 21.91 24.80 26.04 ISRAEL.................. 1.34 17.84 #4.03 14.78 22.61 25.27 28.81 32.43 37.73 40.64 42.43 44.25 47.11 46.10 JAPAN................... 962.5 1294 1622 1999 2262 2309 2364 2383 2502 2430 2390 2403 2451 2405 KOREA................... 179.9 638.7 1111 2723 4401 4990 5436 6176 7460 8550 9359 10219 11006 12445 TAIWAN.................. 17.66 44.21 70.95 112.5 139.0 152.5 166.0 167.4 170.7 172.6 178.6 188.0 199.6 184.9 AUSTRIA................. 84.19 123.4 168.8 227.4 253.9 266.5 278.2 294.6 294.8 301.2 #22.73 23.21 23.51 24.15 BELGIUM................. 238.1 377.3 537.6 654.8 771.4 788.3 .. .. .. .. .. .. .. .. DENMARK................. 37.20 65.89 95.89 125.4 141.5 .. .. .. .. .. .. .. .. .. FINLAND................. 20.20 37.65 64.60 98.64 120.5 #125.6 #135.4 140.1 147.5 154.8 #27.35 28.55 30.33 31.31 FRANCE.................. 21.48 41.84 70.90 92.26 104.1 106.2 106.6 107.3 111.2 114.1 #17.82 18.62 19.47 20.18 GERMANY, FORMER WEST.... 14.20 21.14 26.28 34.09 39.51 41.23 43.26 44.20 45.18 45.52 #23.78 25.16 25.75 26.44 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 44.17 #23.06 24.35 24.92 25.58 GREECE.................. 51.34 158.6 520.0 1087 1640 1829 1952 2112 2257 2345 .. .. .. .. IRELAND................. 1.41 3.11 5.71 7.76 8.91 9.17 9.62 9.85 9.88 10.41 #14.69 14.33 15.47 16.69 ITALY................... 3442 7749 15616 22993 26677 27366 28722 29623 30905 30399 #15.99 16.26 16.38 16.82 NETHERLANDS............. 18.12 25.02 30.89 35.97 41.88 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 57.49 88.49 136.5 143.0 147.9 158.7 169.3 173.2 184.4 195.3 207.3 211.2 212.5 SPAIN................... .. .. .. 1242 1530 1582 1659 1760 1851 1936 #12.07 12.65 13.31 13.51 SWEDEN.................. 31.93 58.79 94.30 142.8 157.9 #166.9 179.1 194.8 201.3 205.3 #211.7 218.6 224.6 230.1 SWITZERLAND............. 14.78 17.82 23.48 29.68 33.50 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.35 2.95 4.59 7.02 8.73 8.96 9.34 10.27 10.69 11.10 11.48 11.77 12.15 12.47 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 41 PRINTING AND PUBLISHING (US SIC 27) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 43 45 43 26 27 21 .. CANADA.................. .. .. 81 99 99 87 87 87 84 78 71 .. .. .. MEXICO.................. .. .. 12 9 14 15 9 9 10 10 11 13 14 15 HONG KONG SAR (1)....... 12 19 18 29 38 42 45 47 50 49 45 45 47 43 ISRAEL.................. 34 39 30 63 60 61 72 78 78 72 64 69 70 60 JAPAN................... 46 59 56 91 125 137 151 133 118 101 112 119 102 94 KOREA................... 7 14 13 28 38 41 46 51 53 36 49 47 47 47 TAIWAN.................. .. 13 14 30 39 41 44 44 42 36 36 37 35 30 BELGIUM................. 113 151 79 149 151 156 .. .. .. .. .. .. .. .. DENMARK................. 117 154 86 150 155 .. .. .. .. .. .. .. .. .. FINLAND................. 71 91 72 153 107 #119 #144 143 122 122 117 99 95 100 FRANCE.................. 86 107 73 139 137 141 156 152 132 129 123 108 105 112 GERMANY, FORMER WEST.... 100 136 79 156 168 176 212 202 171 165 157 139 134 140 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 161 153 136 131 137 GREECE.................. 30 51 31 48 46 50 58 60 55 52 .. .. .. .. ITALY................... 88 99 72 147 121 120 118 128 117 110 103 88 85 89 NETHERLANDS............. 104 131 74 137 139 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 143 113 196 168 168 192 192 177 175 171 154 153 172 SPAIN................... .. .. .. 78 74 74 80 78 73 72 68 59 55 59 SWEDEN.................. 123 152 87 159 123 #128 143 159 136 129 124 112 99 106 SWITZERLAND............. 104 143 97 175 168 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 55 90 65 109 93 101 104 104 111 114 111 104 99 103 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 42 PRINTING AND PUBLISHING (US SIC 27) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.67 9.65 12.57 14.74 15.91 16.07 16.29 16.58 17.19 17.66 18.25 18.69 19.25 19.78 BRAZIL.................. .. .. .. .. .. .. .. 7.19 7.73 7.62 4.67 5.04 4.04 .. CANADA.................. .. .. 10.15 14.64 15.74 14.05 14.13 14.48 14.51 13.70 12.94 .. .. .. MEXICO.................. .. .. 1.49 1.36 2.31 2.41 1.41 1.45 1.70 1.82 2.07 2.42 2.73 2.89 HONG KONG SAR (1)....... 0.81 1.86 2.22 4.24 6.02 6.73 7.35 7.84 8.55 8.65 8.26 8.46 9.00 8.53 ISRAEL.................. 2.25 3.81 3.83 9.30 9.55 9.85 11.73 12.97 13.37 12.64 11.71 12.88 13.52 11.92 JAPAN................... 3.04 5.65 7.01 13.39 19.91 21.98 24.57 22.06 20.22 17.84 20.43 22.15 19.67 18.66 KOREA................... 0.43 1.31 1.69 4.19 6.00 6.55 7.53 8.38 9.03 6.34 8.97 8.86 9.00 9.31 TAIWAN.................. .. 1.28 1.78 4.39 6.22 6.56 7.13 7.23 7.15 6.39 6.57 7.00 6.83 6.02 BELGIUM................. 7.51 14.52 9.95 21.95 23.96 25.14 .. .. .. .. .. .. .. .. DENMARK................. 7.81 14.90 10.82 22.16 24.61 .. .. .. .. .. .. .. .. .. FINLAND................. 4.72 8.81 9.04 22.57 16.98 #19.18 #23.50 23.70 21.00 21.47 21.33 18.53 18.25 19.79 FRANCE.................. 5.76 10.32 9.16 20.41 21.76 22.71 25.49 25.26 22.64 22.86 22.38 20.13 20.23 22.22 GERMANY, FORMER WEST.... 6.69 13.09 9.95 23.02 26.69 28.32 34.60 33.50 29.32 29.15 28.61 26.04 25.86 27.78 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 28.51 27.97 25.45 25.29 27.07 GREECE.................. 1.98 4.96 3.91 7.01 7.40 8.02 9.50 9.90 9.43 9.09 .. .. .. .. ITALY................... 5.84 9.51 9.10 21.61 19.20 19.32 19.16 21.22 20.13 19.41 18.74 16.53 16.32 17.65 NETHERLANDS............. 6.97 12.68 9.27 20.14 22.09 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 13.79 14.16 28.89 26.71 26.97 31.31 31.81 30.34 30.84 31.18 28.70 29.52 33.95 SPAIN................... .. .. .. 11.48 11.82 11.84 13.06 12.88 12.46 12.70 12.35 10.97 10.50 11.59 SWEDEN.................. 8.18 14.67 10.88 23.43 19.55 #20.59 23.28 26.32 23.34 22.85 22.59 20.88 19.04 20.99 SWITZERLAND............. 6.93 13.80 12.24 25.85 26.81 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.65 8.70 8.15 16.04 14.81 16.26 17.01 17.27 19.02 20.10 20.16 19.50 19.10 20.37 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 43 PRINTING AND PUBLISHING (US SIC 27) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.67 9.65 12.57 14.74 15.91 16.07 16.29 16.58 17.19 17.66 18.25 18.69 19.25 19.78 BRAZIL.................. .. .. .. .. .. .. .. 7.22 8.33 8.85 8.50 9.23 9.50 .. CANADA.................. .. .. 13.87 17.09 20.31 19.20 19.40 19.76 20.10 20.33 19.22 .. .. .. MEXICO.................. .. .. 382.8 3815 #7.19 8.12 9.08 11.04 13.48 16.67 19.75 22.92 25.48 27.91 HONG KONG SAR (1)....... 3.98 9.26 17.27 33.04 46.59 52.01 56.84 60.67 66.24 66.98 64.13 65.89 70.23 66.53 ISRAEL.................. 1.44 19.51 #4.52 18.74 27.03 29.65 35.33 41.41 46.11 48.04 48.48 52.51 56.87 56.49 JAPAN................... 903.1 1275 1672 1941 2212 2246 2308 2400 2449 2337 2323 2388 2392 2337 KOREA................... 210.1 793.1 1470 2964 4814 5261 5810 6744 8589 8879 10680 10020 11626 11633 TAIWAN.................. .. 46.24 71.03 118.1 164.4 173.6 188.9 198.5 205.8 214.5 212.3 218.7 231.1 208.0 BELGIUM................. 275.7 423.9 590.2 733.7 828.4 840.3 .. .. .. .. .. .. .. .. DENMARK................. 44.76 83.87 114.6 137.1 159.6 .. .. .. .. .. .. .. .. .. FINLAND................. 17.28 32.78 56.04 86.46 97.24 #100.4 #102.8 108.9 109.1 114.8 #20.02 20.07 20.39 20.93 FRANCE.................. 24.67 43.57 82.28 111.2 123.3 125.9 127.1 129.2 132.2 134.9 #21.01 21.80 22.60 23.50 GERMANY, FORMER WEST.... 16.42 23.75 29.26 37.23 44.18 45.94 49.55 50.42 50.88 51.30 #26.86 28.21 28.89 29.38 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 50.17 #26.25 27.57 28.26 28.63 GREECE.................. 64.07 211.6 540.6 1111 1696 1945 2201 2382 2576 2688 .. .. .. .. ITALY................... 3809 8130 17375 25892 30204 31125 31212 32746 34297 33708 #17.59 17.90 18.23 18.67 NETHERLANDS............. 17.59 25.17 30.76 36.70 41.04 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 68.04 121.7 180.6 189.6 190.2 198.4 205.5 215.0 232.9 243.4 253.0 265.6 271.1 SPAIN................... .. .. .. 1171 1507 1586 1628 1632 1826 1898 #11.59 11.88 11.73 12.26 SWEDEN.................. 33.87 62.05 93.59 138.8 152.4 #158.9 166.2 176.6 178.4 181.7 #186.9 191.5 196.9 204.0 SWITZERLAND............. 17.90 23.11 30.05 35.94 39.63 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.64 3.74 6.28 8.99 9.86 10.62 10.77 11.06 11.61 12.13 12.47 12.87 13.27 13.56 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 44 CHEMICALS AND PETROLEUM, RUBBER AND PLASTIC PRODUCTS (US SIC 28-30 & ISIC 35) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 45 43 42 25 25 20 .. CANADA.................. .. .. 81 95 88 83 79 81 79 73 69 .. .. .. MEXICO.................. .. .. 14 14 20 19 12 12 13 12 13 15 16 15 JAPAN................... 54 64 53 95 126 139 152 128 117 103 116 118 99 94 KOREA................... 5 10 9 25 33 37 42 45 42 29 38 40 37 40 TAIWAN.................. 6 10 11 25 32 33 36 35 34 29 31 32 29 27 AUSTRIA................. 75 96 61 122 127 135 156 150 129 126 121 104 96 102 BELGIUM................. 108 142 73 141 147 161 .. .. .. .. .. .. .. .. DENMARK................. 90 100 58 113 111 .. .. .. .. .. .. .. .. .. FINLAND (1)............. 66 73 54 123 86 #103 #128 121 107 101 101 88 87 90 FRANCE (1).............. 71 91 55 99 95 98 108 103 91 90 86 75 73 77 GERMANY, FORMER WEST.... 99 119 70 138 142 148 170 164 141 134 127 113 107 113 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 131 124 109 103 109 IRELAND (1)............. 53 66 50 83 76 80 85 85 82 77 74 65 66 73 ITALY................... 80 88 58 119 95 95 94 101 93 88 83 70 65 69 NETHERLANDS............. 108 124 69 .. .. .. .. .. .. .. .. .. .. .. NORWAY.................. .. 111 77 134 118 118 136 137 126 126 122 107 107 124 SPAIN................... .. .. .. 81 73 72 78 82 71 71 69 58 56 60 SWEDEN (1).............. 101 116 67 127 96 #103 114 127 112 109 104 94 82 89 SWITZERLAND............. 96 113 75 141 142 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 52 75 47 82 72 74 76 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding petroleum refining. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 45 CHEMICALS AND PETROLEUM, RUBBER AND PLASTIC PRODUCTS (US SIC 28-30 & ISIC 35) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.83 10.72 14.29 16.66 18.35 18.52 18.91 19.49 20.03 20.61 21.04 21.71 22.80 23.52 BRAZIL.................. .. .. .. .. .. .. .. 8.75 8.57 8.55 5.26 5.50 4.65 .. CANADA.................. .. .. 11.55 15.83 16.07 15.44 14.99 15.82 15.73 14.95 14.49 .. .. .. MEXICO.................. .. .. 2.05 2.29 3.60 3.59 2.27 2.24 2.51 2.51 2.81 3.28 3.59 3.62 JAPAN................... 3.66 6.90 7.58 15.80 23.16 25.80 28.76 25.00 23.39 21.32 24.33 25.58 22.54 22.11 KOREA................... 0.37 1.11 1.34 4.11 6.11 6.82 7.88 8.74 8.34 5.90 8.04 8.79 8.41 9.34 TAIWAN.................. 0.40 1.04 1.55 4.24 5.79 6.14 6.76 6.91 6.71 6.01 6.62 6.85 6.69 6.37 AUSTRIA................. 5.11 10.32 8.74 20.37 23.33 24.94 29.51 29.32 25.83 25.90 25.53 22.64 21.92 23.92 BELGIUM................. 7.39 15.21 10.46 23.44 26.99 29.87 .. .. .. .. .. .. .. .. DENMARK................. 6.11 10.76 8.32 18.85 20.33 .. .. .. .. .. .. .. .. .. FINLAND (1)............. 4.50 7.78 7.77 20.56 15.73 #19.00 #24.21 23.51 21.33 20.80 21.28 19.02 19.76 21.05 FRANCE (1).............. 4.87 9.74 7.80 16.42 17.51 18.14 20.33 20.07 18.25 18.51 18.10 16.34 16.60 18.16 GERMANY, FORMER WEST.... 6.73 12.81 10.07 22.95 26.01 27.44 32.12 31.93 28.14 27.61 26.76 24.53 24.30 26.46 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 26.96 26.12 23.68 23.49 25.57 IRELAND (1)............. 3.59 7.12 7.09 13.79 13.96 14.73 16.12 16.52 16.34 15.83 15.64 14.21 15.05 17.22 ITALY................... 5.47 9.44 8.22 19.79 17.49 17.66 17.76 19.63 18.63 18.17 17.57 15.26 14.91 16.12 NETHERLANDS............. 7.36 13.34 9.86 .. .. .. .. .. .. .. .. .. .. .. NORWAY.................. .. 11.94 11.04 22.29 21.57 21.93 25.70 26.71 25.30 26.06 25.74 23.32 24.32 29.27 SPAIN................... .. .. .. 13.54 13.35 13.26 14.75 15.97 14.22 14.68 14.45 12.60 12.66 14.03 SWEDEN (1).............. 6.92 12.40 9.62 21.19 17.60 #19.08 21.61 24.69 22.52 22.38 21.98 20.39 18.77 20.83 SWITZERLAND............. 6.53 12.12 10.79 23.48 25.97 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.58 8.07 6.71 13.60 13.28 13.71 14.37 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding petroleum refining. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 46 CHEMICALS AND PETROLEUM, RUBBER AND PLASTIC PRODUCTS (US SIC 28-30 & ISIC 35) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.83 10.72 14.29 16.66 18.35 18.52 18.91 19.49 20.03 20.61 21.04 21.71 22.80 23.52 BRAZIL.................. .. .. .. .. .. .. .. 8.79 9.24 9.93 9.57 10.06 10.94 .. CANADA.................. .. .. 15.78 18.47 20.73 21.09 20.59 21.58 21.79 22.18 21.53 .. .. .. MEXICO.................. .. .. 527.2 6438 #11.23 12.10 14.56 17.05 19.91 22.95 26.86 31.00 33.49 34.95 JAPAN................... 1085 1556 1807 2291 2573 2636 2702 2720 2833 2793 2766 2757 2740 2769 KOREA................... 180.7 676.1 1170 2912 4903 5476 6079 7032 7929 8265 9566 9938 10863 11670 TAIWAN.................. 15.02 37.33 61.77 114.1 153.0 162.4 179.2 189.9 193.2 201.7 214.0 214.0 226.1 220.0 AUSTRIA................. 88.95 133.5 180.8 230.8 271.6 284.6 297.5 310.5 315.3 320.6 #23.96 24.53 24.49 25.30 BELGIUM................. 271.1 444.1 620.8 783.3 933.3 998.5 .. .. .. .. .. .. .. .. DENMARK................. 35.06 60.56 88.24 116.7 131.9 .. .. .. .. .. .. .. .. .. FINLAND (1)............. 16.50 28.94 48.17 78.74 90.08 #99.46 #106.0 108.0 110.8 111.2 #19.98 20.60 22.07 22.27 FRANCE (1).............. 20.83 41.09 70.02 89.47 99.25 100.6 101.4 102.7 106.5 109.2 #16.99 17.70 18.55 19.21 GERMANY, FORMER WEST.... 16.52 23.25 29.61 37.11 43.04 44.51 45.99 48.06 48.83 48.59 #25.12 26.57 27.15 27.99 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 47.45 #24.52 25.65 26.24 27.05 IRELAND (1)............. 1.62 3.46 6.65 8.32 9.53 9.84 10.06 10.33 10.78 11.11 #14.68 15.39 16.82 18.22 ITALY................... 3568 8073 15698 23714 27516 28450 28925 30282 31738 31569 #16.49 16.53 16.66 17.05 NETHERLANDS............. 18.58 26.49 32.70 .. .. .. .. .. .. .. .. .. .. .. NORWAY.................. .. 58.95 94.88 139.4 153.1 154.7 162.8 172.5 179.3 196.8 200.9 205.5 218.8 233.7 SPAIN................... .. .. .. 1382 1701 1775 1838 2024 2083 2193 #13.56 13.65 14.14 14.84 SWEDEN (1).............. 28.68 52.46 82.74 125.5 137.2 #147.2 154.3 165.6 172.2 177.9 #181.9 187.0 194.0 202.5 SWITZERLAND............. 16.86 20.30 26.48 32.63 38.39 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.61 3.47 5.17 7.62 8.85 8.95 9.11 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding petroleum refining. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 47 CHEMICALS AND ALLIED PRODUCTS MANUFACTURING (US SIC 28) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 39 38 37 23 23 18 .. CANADA.................. .. .. 71 89 85 79 75 74 71 68 64 60 57 58 MEXICO.................. .. .. 13 14 20 20 13 13 14 14 16 18 20 19 JAPAN................... 58 71 61 106 137 148 162 135 123 108 122 124 106 101 KOREA................... 7 12 11 27 33 36 42 44 40 27 38 41 38 42 TAIWAN.................. 7 11 13 27 31 32 35 35 33 28 30 31 30 27 BELGIUM................. 105 135 67 129 134 143 .. .. .. .. .. .. .. .. DENMARK................. 89 97 54 100 96 .. .. .. .. .. .. .. .. .. FRANCE (1).............. 72 92 53 91 88 90 98 94 83 82 79 69 68 71 GERMANY, FORMER WEST.... 99 118 68 135 140 146 167 158 136 129 123 109 104 110 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 125 119 105 101 106 GREECE.................. 24 35 24 40 35 37 42 42 38 36 .. .. .. .. IRELAND................. 48 64 47 76 70 72 77 77 75 70 67 59 61 68 ITALY................... 77 83 52 107 86 85 82 89 82 77 73 61 57 59 NETHERLANDS (1)......... 104 117 63 .. .. .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 71 61 60 65 69 60 60 59 48 49 52 SWEDEN.................. 99 109 62 114 86 #93 103 114 101 98 95 84 75 82 UNITED KINGDOM.......... 50 71 45 77 68 69 70 67 76 79 78 72 68 71 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding synthetic fibers. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 48 CHEMICALS AND ALLIED PRODUCTS MANUFACTURING (US SIC 28) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 7.20 11.57 16.07 19.10 21.22 21.71 22.29 23.12 23.68 24.39 24.81 25.79 26.69 27.60 BRAZIL.................. .. .. .. .. .. .. .. 8.93 9.06 9.00 5.74 5.82 4.74 .. CANADA.................. .. .. 11.46 16.98 18.02 17.11 16.63 17.02 16.89 16.50 15.75 15.44 15.24 15.94 MEXICO.................. .. .. 2.14 2.60 4.29 4.42 2.83 2.97 3.43 3.47 3.88 4.55 5.23 5.30 JAPAN................... 4.16 8.26 9.81 20.27 29.10 32.20 36.12 31.22 29.09 26.37 30.28 32.06 28.37 27.94 KOREA................... 0.50 1.43 1.83 5.12 6.91 7.80 9.29 10.07 9.58 6.69 9.33 10.66 10.18 11.68 TAIWAN.................. 0.52 1.31 2.03 5.19 6.53 6.95 7.81 8.04 7.76 6.92 7.52 7.95 7.88 7.43 BELGIUM................. 7.55 15.66 10.84 24.65 28.39 31.12 .. .. .. .. .. .. .. .. DENMARK................. 6.41 11.23 8.68 19.13 20.39 .. .. .. .. .. .. .. .. .. FRANCE (1).............. 5.21 10.63 8.55 17.45 18.66 19.46 21.93 21.71 19.68 19.99 19.56 17.80 18.06 19.65 GERMANY, FORMER WEST.... 7.15 13.60 10.96 25.83 29.74 31.69 37.16 36.64 32.24 31.49 30.53 28.12 27.87 30.36 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 30.40 29.46 27.16 26.93 29.31 GREECE.................. 1.76 4.08 3.85 7.57 7.53 8.13 9.40 9.66 9.05 8.80 .. .. .. .. IRELAND................. 3.47 7.45 7.49 14.58 14.79 15.73 17.18 17.79 17.71 16.97 16.63 15.25 16.32 18.70 ITALY................... 5.52 9.56 8.33 20.35 18.20 18.35 18.38 20.55 19.32 18.83 18.12 15.64 15.22 16.37 NETHERLANDS (1)......... 7.47 13.59 10.17 .. .. .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 13.53 13.00 12.97 14.48 16.03 14.20 14.74 14.54 12.42 13.02 14.47 SWEDEN.................. 7.13 12.67 9.96 21.72 18.19 #20.17 23.00 26.26 23.92 23.81 23.45 21.71 20.13 22.61 UNITED KINGDOM.......... 3.63 8.22 7.23 14.66 14.39 14.94 15.61 15.54 18.08 19.20 19.45 18.51 18.17 19.56 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding synthetic fibers. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 49 CHEMICALS AND ALLIED PRODUCTS MANUFACTURING (US SIC 28) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 7.20 11.57 16.07 19.10 21.22 21.71 22.29 23.12 23.68 24.39 24.81 25.79 26.69 27.60 BRAZIL.................. .. .. .. .. .. .. .. 8.98 9.76 10.45 10.45 10.66 11.14 .. CANADA.................. .. .. 15.65 19.81 23.24 23.37 22.84 23.22 23.39 24.49 23.41 22.94 23.60 25.03 MEXICO.................. .. .. 549.9 7308 #13.37 14.93 18.18 22.54 27.18 31.75 37.08 43.07 48.84 51.23 JAPAN................... 1235 1864 2339 2939 3233 3291 3394 3397 3523 3455 3443 3456 3450 3498 KOREA................... 243.0 868.9 1596 3624 5544 6266 7163 8102 9111 9368 11106 12053 13157 14596 TAIWAN.................. 19.85 47.21 80.77 139.7 172.5 183.9 207.0 220.9 223.4 232.2 242.9 248.4 266.4 256.7 BELGIUM................. 277.1 457.3 643.5 823.7 981.8 1040 .. .. .. .. .. .. .. .. DENMARK................. 36.77 63.19 92.04 118.4 132.2 .. .. .. .. .. .. .. .. .. FRANCE (1).............. 22.32 44.84 76.76 95.07 105.8 107.9 109.3 111.1 114.9 117.9 #18.37 19.28 20.17 20.79 GERMANY, FORMER WEST.... 17.55 24.68 32.25 41.77 49.22 51.40 53.22 55.15 55.94 55.42 #28.66 30.46 31.14 32.11 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 53.50 #27.66 29.42 30.08 31.00 GREECE.................. 56.88 173.8 531.4 1200 1727 1973 2179 2326 2471 2601 .. .. .. .. IRELAND................. 1.56 3.62 7.03 8.80 10.10 10.51 10.71 11.12 11.68 11.91 #15.61 16.52 18.23 19.79 ITALY................... 3601 8173 15904 24380 28636 29557 29946 31704 32920 32711 #17.01 16.94 17.00 17.31 NETHERLANDS (1)......... 18.85 26.98 33.75 .. .. .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 1380 1657 1737 1805 2031 2081 2201 #13.64 13.45 14.54 15.31 SWEDEN.................. 29.53 53.57 85.68 128.7 141.8 #155.6 164.3 176.2 182.9 189.4 #194.1 199.1 208.1 219.8 UNITED KINGDOM.......... 1.63 3.54 5.57 8.22 9.58 9.75 9.89 9.96 11.04 11.59 12.03 12.21 12.62 13.03 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding synthetic fibers. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 50 PETROLEUM AND COAL PRODUCTS MANUFACTURING (US SIC 29) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 52 48 45 23 38 34 .. CANADA.................. .. .. 93 107 80 75 71 72 66 72 67 .. .. .. MEXICO.................. .. .. .. .. 21 22 14 13 13 11 12 14 14 15 JAPAN................... 53 69 61 106 136 146 160 142 127 114 129 131 112 105 KOREA................... 7 13 11 26 33 35 39 39 38 28 38 38 35 41 TAIWAN.................. 7 12 15 37 44 51 53 52 53 47 56 50 46 40 GREECE.................. 25 38 25 35 37 38 42 42 37 35 .. .. .. .. SWEDEN.................. 89 102 53 108 78 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 51 PETROLEUM AND COAL PRODUCTS MANUFACTURING (US SIC 29) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 8.94 14.39 19.94 22.96 26.63 27.50 27.94 27.88 29.09 29.92 30.26 30.96 31.84 32.33 BRAZIL.................. .. .. .. .. .. .. .. 14.41 14.04 13.50 6.99 11.66 10.79 .. CANADA.................. .. .. 18.47 24.67 21.39 20.52 19.89 20.04 19.26 21.49 20.42 .. .. .. MEXICO.................. .. .. .. .. 5.67 6.08 3.80 3.53 3.73 3.41 3.56 4.25 4.60 4.81 JAPAN................... 4.75 9.93 12.12 24.30 36.16 40.11 44.62 39.63 37.08 34.20 38.94 40.50 35.77 34.01 KOREA................... 0.63 1.81 2.17 5.89 8.78 9.70 11.00 10.87 11.15 8.29 11.37 11.85 11.02 13.26 TAIWAN.................. 0.67 1.72 2.97 8.57 11.84 13.92 14.90 14.58 15.34 13.95 16.94 15.34 14.66 12.93 GREECE.................. 2.28 5.46 5.01 7.96 9.93 10.32 11.70 11.72 10.77 10.53 .. .. .. .. SWEDEN.................. 7.98 14.75 10.48 24.89 20.64 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 52 PETROLEUM AND COAL PRODUCTS MANUFACTURING (US SIC 29) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 8.94 14.39 19.94 22.96 26.63 27.50 27.94 27.88 29.09 29.92 30.26 30.96 31.84 32.33 BRAZIL.................. .. .. .. .. .. .. .. 14.48 15.14 15.67 12.73 21.34 25.40 .. CANADA.................. .. .. 25.24 28.79 27.60 28.03 27.31 27.33 26.67 31.89 30.35 .. .. .. MEXICO.................. .. .. .. .. #17.67 20.52 24.40 26.83 29.51 31.20 34.00 40.21 42.93 46.51 JAPAN................... 1408 2241 2892 3524 4017 4100 4193 4312 4490 4480 4427 4366 4350 4259 KOREA................... 303.1 1100 1891 4169 7050 7794 8486 8746 10604 11612 13535 13400 14234 16573 TAIWAN.................. 25.29 61.94 118.5 230.6 312.7 368.5 394.9 400.5 441.5 468.0 547.4 479.6 495.9 446.6 GREECE.................. 73.53 232.6 691.7 1262 2278 2504 2711 2821 2940 3112 .. .. .. .. SWEDEN.................. 33.04 62.36 90.17 147.4 160.9 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 53 PETROLEUM REFINING (US SIC 291) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 104 102 102 50 61 53 .. MEXICO.................. .. .. .. .. 22 23 14 13 12 11 11 13 13 14 AUSTRIA................. 67 91 58 143 140 146 176 170 149 148 139 122 113 116 BELGIUM................. 109 138 72 143 146 161 .. .. .. .. .. .. .. .. DENMARK................. 62 67 37 78 74 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 87 112 63 122 122 126 148 145 124 116 111 102 97 101 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 106 102 93 89 92 ITALY................... 73 65 43 92 73 70 71 79 72 69 64 56 52 54 NETHERLANDS............. 97 103 58 .. .. .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 82 77 76 85 95 81 80 77 71 70 75 UNITED KINGDOM.......... 60 79 48 89 80 76 80 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 54 PETROLEUM REFINING (US SIC 291) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 9.68 15.80 21.76 24.95 29.52 30.67 31.26 31.22 32.74 33.96 34.60 34.83 36.15 37.30 BRAZIL.................. .. .. .. .. .. .. .. 32.43 33.30 34.80 17.41 21.42 19.28 .. MEXICO.................. .. .. .. .. 6.61 7.12 4.29 3.95 4.00 3.58 3.73 4.47 4.82 5.05 AUSTRIA................. 6.46 14.42 12.52 35.62 41.33 44.68 55.07 53.07 48.95 50.13 48.11 42.45 41.01 43.22 BELGIUM................. 10.53 21.78 15.64 35.56 43.19 49.24 .. .. .. .. .. .. .. .. DENMARK................. 5.98 10.64 8.13 19.54 21.92 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 8.46 17.70 13.69 30.56 36.11 38.74 46.37 45.17 40.50 39.56 38.55 35.64 35.16 37.55 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 35.97 35.23 32.53 32.20 34.35 ITALY................... 7.08 10.32 9.31 22.94 21.54 21.34 22.14 24.69 23.52 23.27 22.03 19.37 18.87 20.28 NETHERLANDS............. 9.41 16.20 12.52 .. .. .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 20.55 22.71 23.21 26.50 29.68 26.53 27.04 26.63 24.90 25.17 28.11 UNITED KINGDOM.......... 5.77 12.47 10.40 22.15 23.50 23.28 25.11 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 55 PETROLEUM REFINING (US SIC 291) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 9.68 15.80 21.76 24.95 29.52 30.67 31.26 31.22 32.74 33.96 34.60 34.83 36.15 37.30 BRAZIL.................. .. .. .. .. .. .. .. 32.60 35.90 40.41 31.70 39.20 45.37 .. MEXICO.................. .. .. .. .. #20.59 24.03 27.56 30.00 31.64 32.72 35.59 42.24 44.99 48.76 AUSTRIA................. 112.4 186.5 258.9 403.5 481.1 509.8 555.1 562.0 597.6 620.6 #45.16 45.98 45.82 45.72 BELGIUM................. 386.4 635.9 928.0 1189 1494 1646 .. .. .. .. .. .. .. .. DENMARK................. 34.28 59.89 86.15 121.0 142.2 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 20.76 32.13 40.27 49.41 59.77 62.84 66.40 67.98 70.27 69.62 #36.18 38.60 39.27 39.72 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 63.30 #33.07 35.23 35.97 36.33 ITALY................... 4621 8824 17767 27478 33888 34381 36068 38091 40081 40415 #20.68 20.98 21.08 21.45 NETHERLANDS............. 23.74 32.16 41.54 .. .. .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 2097 2895 3108 3302 3761 3886 4040 #25.00 26.97 28.12 29.74 UNITED KINGDOM.......... 2.59 5.36 8.01 12.41 15.65 15.20 15.91 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 56 RUBBER AND PLASTICS PRODUCTS MANUFACTURING (US SIC 30) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 38 35 32 19 20 16 .. CANADA.................. .. .. 84 102 97 94 90 93 90 81 77 .. .. .. MEXICO.................. .. .. 15 12 17 16 9 9 10 10 11 12 12 12 ISRAEL.................. 35 40 31 59 54 60 68 71 75 72 68 71 69 60 JAPAN................... 49 58 50 92 123 137 149 128 118 106 117 119 99 94 KOREA................... 5 9 9 25 36 39 45 48 45 30 37 39 35 38 TAIWAN.................. 6 10 12 26 33 34 35 35 33 29 30 30 27 26 BELGIUM................. 110 141 73 137 141 150 .. .. .. .. .. .. .. .. DENMARK................. 100 115 69 135 132 .. .. .. .. .. .. .. .. .. FRANCE.................. 75 96 62 111 108 110 120 114 100 99 94 81 78 84 GERMANY, FORMER WEST.... 101 126 75 146 149 157 180 170 146 141 133 117 110 116 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 137 129 113 106 112 GREECE.................. 26 38 30 50 48 51 58 58 51 50 .. .. .. .. IRELAND................. 64 72 54 92 83 85 92 89 84 80 78 67 64 70 ITALY................... 88 101 68 138 109 110 109 115 106 101 95 80 75 79 NETHERLANDS............. 113 132 72 129 128 .. .. .. .. .. .. .. .. .. SPAIN (1)............... .. .. .. 89 83 82 89 91 79 80 76 66 59 63 SWEDEN.................. 112 129 78 150 111 #122 134 148 131 126 120 108 93 99 SWITZERLAND............. 100 115 77 145 143 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 57 82 50 89 78 80 83 81 87 90 90 84 78 83 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 57 RUBBER AND PLASTICS PRODUCTS MANUFACTURING (US SIC 30) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.87 9.03 11.70 13.50 14.80 14.88 15.18 15.68 16.20 16.61 17.19 17.73 18.75 19.29 BRAZIL.................. .. .. .. .. .. .. .. 5.93 5.73 5.38 3.34 3.55 2.98 .. CANADA.................. .. .. 9.81 13.78 14.29 13.96 13.65 14.66 14.63 13.45 13.30 .. .. .. MEXICO.................. .. .. 1.76 1.58 2.50 2.38 1.44 1.40 1.60 1.63 1.88 2.20 2.30 2.31 ISRAEL.................. 2.07 3.62 3.61 7.99 8.00 8.99 10.30 11.11 12.17 11.94 11.74 12.61 12.94 11.53 JAPAN................... 2.90 5.25 5.86 12.40 18.25 20.38 22.65 20.01 19.15 17.54 20.04 21.07 18.47 18.08 KOREA................... 0.30 0.83 1.05 3.44 5.30 5.80 6.89 7.54 7.27 5.03 6.30 6.84 6.64 7.31 TAIWAN.................. 0.34 0.92 1.36 3.51 4.92 5.00 5.37 5.46 5.31 4.78 5.18 5.37 5.15 5.09 BELGIUM................. 6.45 12.70 8.54 18.43 20.84 22.30 .. .. .. .. .. .. .. .. DENMARK................. 5.86 10.35 8.05 18.23 19.47 .. .. .. .. .. .. .. .. .. FRANCE.................. 4.39 8.64 7.20 15.01 15.99 16.38 18.20 17.82 16.22 16.44 16.07 14.43 14.68 16.12 GERMANY, FORMER WEST.... 5.95 11.39 8.75 19.76 22.05 23.31 27.35 26.71 23.62 23.47 22.84 20.74 20.54 22.36 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 22.71 22.09 20.05 19.89 21.67 GREECE.................. 1.51 3.46 3.56 6.68 7.12 7.55 8.82 9.10 8.33 8.25 .. .. .. .. IRELAND................. 3.76 6.52 6.26 12.36 12.27 12.65 14.01 14.00 13.58 13.36 13.40 11.89 12.02 13.44 ITALY................... 5.15 9.14 7.91 18.64 16.16 16.37 16.49 18.03 17.22 16.77 16.29 14.25 13.97 15.18 NETHERLANDS............. 6.65 11.93 8.38 17.47 18.96 .. .. .. .. .. .. .. .. .. SPAIN (1)............... .. .. .. 11.98 12.29 12.22 13.45 14.31 12.83 13.30 13.08 11.72 11.04 12.16 SWEDEN.................. 6.58 11.63 9.07 20.24 16.41 #18.12 20.33 23.15 21.17 21.00 20.59 19.23 17.52 19.06 SWITZERLAND............. 5.86 10.35 9.02 19.54 21.23 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.32 7.39 5.81 11.99 11.61 11.91 12.56 12.77 14.05 15.03 15.49 14.95 14.62 16.00 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 58 RUBBER AND PLASTICS PRODUCTS MANUFACTURING (US SIC 30) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.87 9.03 11.70 13.50 14.80 14.88 15.18 15.68 16.20 16.61 17.19 17.73 18.75 19.29 BRAZIL.................. .. .. .. .. .. .. .. 5.96 6.17 6.24 6.08 6.49 7.01 .. CANADA.................. .. .. 13.40 16.08 18.44 19.07 18.74 20.00 20.27 19.96 19.77 .. .. .. MEXICO.................. .. .. 451.6 4438 #7.79 8.03 9.22 10.65 12.63 14.93 17.99 20.78 21.48 22.31 ISRAEL.................. 1.33 18.55 #4.26 16.10 22.63 27.08 31.01 35.47 41.97 45.39 48.61 51.43 54.43 54.65 JAPAN................... 861.1 1185 1397 1799 2027 2083 2128 2177 2319 2298 2278 2272 2246 2264 KOREA................... 146.2 506.4 917.6 2434 4251 4662 5312 6066 6912 7035 7501 7736 8576 9138 TAIWAN.................. 12.74 33.10 54.10 94.46 130.0 132.2 142.2 150.0 152.9 160.2 167.3 168.0 174.0 175.8 BELGIUM................. 236.8 370.8 506.9 615.8 720.6 745.6 .. .. .. .. .. .. .. .. DENMARK................. 33.58 58.28 85.37 112.9 126.3 .. .. .. .. .. .. .. .. .. FRANCE.................. 18.81 36.45 64.61 81.74 90.59 90.87 90.76 91.19 94.73 97.01 #15.08 15.63 16.40 17.05 GERMANY, FORMER WEST.... 14.60 20.68 25.73 31.95 36.49 37.81 39.17 40.20 40.98 41.30 #21.44 22.47 22.95 23.66 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 39.97 #20.74 21.72 22.22 22.92 GREECE.................. 48.64 147.4 491.1 1059 1632 1832 2044 2191 2275 2439 .. .. .. .. IRELAND................. 1.69 3.17 5.88 7.46 8.38 8.45 8.73 8.75 8.96 9.38 #12.58 12.88 13.43 14.22 ITALY................... 3362 7816 15092 22326 25421 26365 26863 27814 29343 29122 #15.29 15.43 15.61 16.05 NETHERLANDS............. 16.77 23.68 27.79 31.82 35.22 .. .. .. .. .. .. .. .. .. SPAIN (1)............... .. .. .. 1222 1567 1636 1676 1813 1880 1986 #12.27 12.69 12.33 12.86 SWEDEN.................. 27.25 49.19 78.06 119.9 128.0 #139.8 145.2 155.3 161.8 167.0 #170.4 176.4 181.1 185.2 SWITZERLAND............. 15.11 17.34 22.14 27.17 31.38 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.49 3.18 4.48 6.72 7.73 7.77 7.96 8.18 8.58 9.07 9.58 9.86 10.16 10.66 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 59 RUBBER PRODUCTS MANUFACTURING (US SIC 301-6) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (2)....... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 41 38 38 20 19 16 .. CANADA.................. .. .. 72 94 91 88 84 85 86 78 79 80 69 67 MEXICO.................. .. .. 23 18 26 23 14 13 14 13 16 19 15 11 JAPAN (3)............... 47 53 45 84 110 123 136 117 108 94 105 109 87 83 KOREA................... 4 8 7 21 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 5 9 11 24 27 28 30 29 27 22 23 24 21 20 BELGIUM................. 106 125 65 120 120 127 .. .. .. .. .. .. .. .. DENMARK................. 88 96 58 112 108 .. .. .. .. .. .. .. .. .. FRANCE.................. 71 83 53 101 96 96 104 98 87 85 80 70 67 71 GERMANY, FORMER WEST.... 99 118 68 135 137 142 166 158 135 129 121 108 100 105 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 126 118 105 97 101 ITALY................... 86 91 60 126 98 99 99 105 97 92 86 74 68 70 UNITED KINGDOM.......... 55 72 43 82 70 71 75 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) As noted below, the U.S. includes some plastics products; this is generally not true for the other countries. (2) Including plastics footwear & hose & belting. (3) Including plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 60 RUBBER PRODUCTS MANUFACTURING (US SIC 301-6) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (2)....... 6.61 10.72 14.17 16.11 18.11 18.29 18.39 18.85 19.53 20.09 20.82 21.28 22.69 23.76 BRAZIL.................. .. .. .. .. .. .. .. 7.75 7.43 7.59 4.20 4.12 3.68 .. CANADA.................. .. .. 10.26 15.12 16.42 16.06 15.48 16.01 16.86 15.69 16.39 17.06 15.66 15.98 MEXICO.................. .. .. 3.20 2.93 4.62 4.22 2.60 2.44 2.79 2.69 3.32 3.95 3.45 2.66 JAPAN (3)............... 3.10 5.72 6.43 13.61 19.87 22.45 25.05 22.00 21.01 18.97 21.91 23.21 19.70 19.62 KOREA................... 0.29 0.82 0.99 3.42 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.36 0.96 1.53 3.82 4.86 5.16 5.49 5.46 5.21 4.51 4.87 5.06 4.76 4.70 BELGIUM................. 6.97 13.37 9.17 19.38 21.80 23.23 .. .. .. .. .. .. .. .. DENMARK................. 5.83 10.34 8.19 18.07 19.61 .. .. .. .. .. .. .. .. .. FRANCE.................. 4.68 8.93 7.48 16.24 17.45 17.56 19.12 18.40 16.93 17.08 16.65 14.79 15.12 16.80 GERMANY, FORMER WEST.... 6.57 12.68 9.62 21.82 24.78 25.99 30.47 29.72 26.27 25.92 25.23 22.90 22.67 24.97 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 25.29 24.61 22.34 22.11 23.94 ITALY................... 5.71 9.80 8.56 20.34 17.82 18.04 18.17 19.86 18.97 18.49 17.96 15.71 15.41 16.74 UNITED KINGDOM.......... 3.60 7.76 6.14 13.18 12.72 13.06 13.76 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) As noted below, the U.S. includes some plastics products; this is generally not true for the other countries. (2) Including plastics footwear & hose & belting. (3) Including plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 61 RUBBER PRODUCTS MANUFACTURING (US SIC 301-6) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (2)....... 6.61 10.72 14.17 16.11 18.11 18.29 18.39 18.85 19.53 20.09 20.82 21.28 22.69 23.76 BRAZIL.................. .. .. .. .. .. .. .. 7.78 8.01 8.81 7.64 7.53 8.66 .. CANADA.................. .. .. 14.01 17.65 21.19 21.93 21.25 21.83 23.35 23.28 24.36 25.36 24.26 25.09 MEXICO.................. .. .. 821.2 8255 #14.40 14.23 16.67 18.54 22.07 24.59 31.71 37.33 32.20 25.73 JAPAN (3)............... 919.8 1290 1533 1973 2208 2294 2354 2393 2544 2485 2491 2502 2396 2457 KOREA................... 142.2 497.6 860.7 2421 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 13.71 34.51 60.78 102.9 128.3 136.6 145.4 149.9 150.0 151.3 157.4 158.1 161.0 162.3 BELGIUM................. 255.9 390.5 544.3 647.7 753.9 776.6 .. .. .. .. .. .. .. .. DENMARK................. 33.46 58.20 86.85 111.9 127.2 .. .. .. .. .. .. .. .. .. FRANCE.................. 20.06 37.70 67.15 88.49 98.87 97.39 95.31 94.12 98.83 100.8 #15.63 16.02 16.89 17.77 GERMANY, FORMER WEST.... 16.14 23.02 28.30 35.28 41.00 42.15 43.64 44.74 45.58 45.63 #23.69 24.81 25.32 26.41 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 44.51 #23.10 24.20 24.69 25.32 ITALY................... 3728 8377 16349 24371 28025 29063 29598 30641 32331 32110 #16.86 17.02 17.21 17.70 UNITED KINGDOM.......... 1.62 3.34 4.73 7.39 8.47 8.52 8.72 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) As noted below, the U.S. includes some plastics products; this is generally not true for the other countries. (2) Including plastics footwear & hose & belting. (3) Including plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 62 TIRES AND INNER TUBES (US SIC 301) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 TAIWAN.................. 5 9 10 21 22 22 21 21 20 17 17 18 16 15 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 63 TIRES AND INNER TUBES (US SIC 301) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 8.03 14.28 19.05 22.82 26.55 27.41 27.11 27.60 28.02 28.87 29.38 29.53 31.86 33.29 TAIWAN.................. 0.38 1.28 1.96 4.81 5.73 5.96 5.83 5.71 5.51 4.79 4.95 5.22 4.94 4.96 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 64 TIRES AND INNER TUBES (US SIC 301) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 8.03 14.28 19.05 22.82 26.55 27.41 27.11 27.60 28.02 28.87 29.38 29.53 31.86 33.29 TAIWAN.................. 14.51 46.19 78.18 129.5 151.4 157.9 154.4 156.9 158.6 160.7 160.0 163.3 167.1 171.3 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 65 PLASTICS PRODUCTS MANUFACTURING (US SIC 308+) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (2)....... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 36 34 30 19 20 16 .. CANADA.................. .. .. 90 106 98 95 91 97 91 82 77 .. .. .. MEXICO.................. .. .. 12 10 15 14 8 8 9 9 10 11 12 13 HONG KONG SAR (3)....... 12 16 14 23 31 30 32 33 33 38 36 31 29 .. JAPAN (4)............... 51 61 52 95 129 143 154 132 122 110 121 123 103 98 KOREA................... 7 12 12 27 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 6 11 13 27 36 36 38 38 36 32 33 33 30 29 BELGIUM................. 118 154 78 145 151 161 .. .. .. .. .. .. .. .. DENMARK................. 112 131 76 147 143 .. .. .. .. .. .. .. .. .. FRANCE.................. 79 104 66 113 110 114 125 119 105 104 98 85 82 88 GERMANY, FORMER WEST.... 103 133 78 151 156 164 188 177 152 147 139 122 114 122 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 142 134 117 110 118 ITALY................... 87 108 71 142 113 114 112 117 109 103 97 82 76 81 NETHERLANDS............. 122 144 77 138 139 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 59 89 53 92 83 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) As noted below, the U.S. industry (miscellaneous plastics products SIC 308) excludes some plastics products; this is generally not true for the other countries. (2) Excluding plastics footwear & hose & belting. (3) Hong Kong special administrative region of China. (4) Excluding plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 66 PLASTICS PRODUCTS MANUFACTURING (US SIC 308+) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (2)....... 5.23 8.00 10.59 12.47 13.58 13.67 14.02 14.55 15.03 15.41 15.94 16.50 17.43 17.85 BRAZIL.................. .. .. .. .. .. .. .. 5.23 5.11 4.65 3.04 3.36 2.75 .. CANADA.................. .. .. 9.53 13.28 13.25 12.99 12.81 14.08 13.72 12.61 12.20 .. .. .. MEXICO.................. .. .. 1.24 1.20 1.98 1.94 1.16 1.14 1.31 1.38 1.56 1.81 2.08 2.24 HONG KONG SAR (3)....... 0.63 1.29 1.53 2.83 4.15 4.17 4.44 4.77 5.03 5.85 5.69 5.07 5.06 .. JAPAN (4)............... 2.69 4.89 5.52 11.84 17.51 19.49 21.66 19.21 18.39 16.96 19.30 20.25 17.98 17.48 KOREA................... 0.35 0.95 1.23 3.39 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.33 0.91 1.33 3.42 4.95 4.96 5.35 5.48 5.36 4.87 5.28 5.47 5.26 5.20 BELGIUM................. 6.19 12.35 8.27 18.07 20.49 22.06 .. .. .. .. .. .. .. .. DENMARK................. 5.86 10.48 8.05 18.30 19.49 .. .. .. .. .. .. .. .. .. FRANCE.................. 4.12 8.32 7.00 14.13 14.97 15.55 17.51 17.36 15.71 15.96 15.62 14.09 14.30 15.62 GERMANY, FORMER WEST.... 5.40 10.61 8.28 18.79 21.15 22.46 26.38 25.81 22.83 22.72 22.12 20.14 19.95 21.75 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 21.90 21.31 19.37 19.23 20.99 ITALY................... 4.55 8.64 7.51 17.73 15.33 15.53 15.64 17.09 16.33 15.88 15.42 13.49 13.23 14.37 NETHERLANDS............. 6.40 11.55 8.18 17.24 18.94 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.10 7.15 5.64 11.44 11.21 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) As noted below, the U.S. industry (miscellaneous plastics products SIC 308) excludes some plastics products; this is generally not true for the other countries. (2) Excluding plastics footwear & hose & belting. (3) Hong Kong special administrative region of China. (4) Excluding plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 67 PLASTICS PRODUCTS MANUFACTURING (US SIC 308+) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (2)....... 5.23 8.00 10.59 12.47 13.58 13.67 14.02 14.55 15.03 15.41 15.94 16.50 17.43 17.85 BRAZIL.................. .. .. .. .. .. .. .. 5.25 5.51 5.40 5.53 6.14 6.47 .. CANADA.................. .. .. 13.02 15.49 17.09 17.74 17.59 19.21 19.00 18.71 18.13 .. .. .. MEXICO.................. .. .. 319.4 3387 #6.18 6.56 7.46 8.69 10.39 12.62 14.86 17.15 19.46 21.68 HONG KONG SAR (3)....... 3.10 6.41 11.91 22.04 32.07 32.23 34.35 36.88 38.95 45.30 44.17 39.52 39.43 .. JAPAN (4)............... 797.0 1103 1317 1717 1946 1992 2035 2090 2227 2222 2195 2183 2186 2189 KOREA................... 170.7 577.2 1067 2399 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 12.51 32.76 52.83 92.12 130.7 131.3 141.7 150.4 154.2 163.3 170.6 170.9 177.9 179.8 BELGIUM................. 227.2 360.5 490.9 603.7 708.5 737.3 .. .. .. .. .. .. .. .. DENMARK................. 33.63 59.01 85.30 113.3 126.4 .. .. .. .. .. .. .. .. .. FRANCE.................. 17.62 35.13 62.83 76.95 84.83 86.22 87.31 88.80 91.74 94.17 #14.66 15.26 15.97 16.52 GERMANY, FORMER WEST.... 13.26 19.27 24.37 30.38 35.00 36.43 37.78 38.85 39.61 39.99 #20.76 21.81 22.28 23.00 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 38.55 #20.01 20.99 21.48 22.21 ITALY................... 2969 7390 14341 21245 24120 25015 25476 26365 27823 27579 #14.48 14.61 14.78 15.20 NETHERLANDS............. 16.15 22.93 27.15 31.42 35.19 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.40 3.07 4.35 6.41 7.47 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) As noted below, the U.S. industry (miscellaneous plastics products SIC 308) excludes some plastics products; this is generally not true for the other countries. (2) Excluding plastics footwear & hose & belting. (3) Hong Kong special administrative region of China. (4) Excluding plastics footwear. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 68 STONE, CLAY, AND GLASS PRODUCTS MANUFACTURING (US SIC 32 & ISIC 36) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 24 23 21 14 13 11 .. CANADA.................. .. .. 86 107 103 95 96 95 89 81 81 77 78 74 MEXICO.................. .. .. 12 10 15 15 9 8 9 9 10 11 12 13 ISRAEL.................. 40 37 27 52 48 50 55 57 59 55 53 53 52 48 JAPAN................... 48 54 50 87 122 134 145 123 112 99 112 113 96 91 KOREA................... 6 11 11 29 38 39 44 46 47 31 39 40 40 39 TAIWAN.................. 6 10 12 25 31 31 32 30 29 25 25 25 24 23 AUSTRIA................. 73 94 60 122 127 132 153 146 126 122 116 99 94 98 BELGIUM................. 103 133 70 129 133 140 .. .. .. .. .. .. .. .. DENMARK................. 99 106 62 122 118 .. .. .. .. .. .. .. .. .. FINLAND................. 72 78 59 133 91 #99 #125 119 106 103 102 88 84 89 FRANCE.................. 75 95 60 108 106 108 120 115 101 100 96 84 82 86 GERMANY, FORMER WEST.... 95 114 67 132 138 143 165 156 133 128 122 107 102 106 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 120 115 101 96 100 GREECE.................. 28 41 31 49 47 49 56 57 53 50 .. .. .. .. IRELAND................. 54 66 53 94 83 82 89 92 87 83 79 71 68 74 ITALY................... 69 84 57 113 95 93 94 100 92 87 83 71 67 69 NETHERLANDS............. 103 118 66 119 124 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 113 78 139 117 120 136 136 126 124 123 108 108 124 SPAIN................... .. .. .. 73 69 68 73 70 61 62 60 53 51 54 SWEDEN.................. 111 123 72 140 104 #107 121 132 116 113 109 98 86 91 SWITZERLAND............. 96 110 73 138 138 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 50 71 44 79 70 73 79 79 85 88 87 80 77 82 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 69 STONE, CLAY, AND GLASS PRODUCTS MANUFACTURING (US SIC 32 & ISIC 36) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.43 10.22 13.31 15.30 16.67 16.98 17.29 17.83 18.35 18.92 19.29 20.07 20.94 21.70 BRAZIL.................. .. .. .. .. .. .. .. 4.26 4.22 3.99 2.65 2.62 2.23 .. CANADA.................. .. .. 11.49 16.32 17.12 16.08 16.56 16.93 16.25 15.26 15.54 15.55 16.25 16.07 MEXICO.................. .. .. 1.62 1.54 2.44 2.49 1.53 1.51 1.61 1.69 1.89 2.20 2.59 2.74 ISRAEL.................. 2.54 3.73 3.64 7.89 7.99 8.58 9.59 10.16 10.75 10.43 10.15 10.72 10.99 10.33 JAPAN................... 3.07 5.53 6.69 13.26 20.34 22.74 25.07 21.94 20.54 18.66 21.57 22.70 20.20 19.82 KOREA................... 0.39 1.16 1.49 4.38 6.28 6.67 7.53 8.20 8.65 5.78 7.54 8.05 8.29 8.51 TAIWAN.................. 0.39 1.03 1.55 3.87 5.09 5.33 5.54 5.40 5.28 4.68 4.83 5.10 5.08 5.09 AUSTRIA................. 4.71 9.58 8.01 18.63 21.14 22.43 26.37 26.03 23.07 23.12 22.42 19.95 19.74 21.29 BELGIUM................. 6.61 13.61 9.27 19.68 22.16 23.80 .. .. .. .. .. .. .. .. DENMARK................. 6.34 10.85 8.20 18.72 19.60 .. .. .. .. .. .. .. .. .. FINLAND................. 4.62 8.01 7.79 20.40 15.11 #16.85 #21.62 21.29 19.48 19.50 19.68 17.57 17.64 19.40 FRANCE.................. 4.83 9.72 7.94 16.48 17.64 18.34 20.71 20.51 18.56 18.84 18.46 16.83 17.07 18.64 GERMANY, FORMER WEST.... 6.12 11.61 8.90 20.13 22.94 24.31 28.56 27.79 24.39 24.20 23.52 21.50 21.32 22.98 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 22.78 22.16 20.23 20.09 21.63 GREECE.................. 1.79 4.21 4.12 7.49 7.79 8.30 9.63 10.16 9.71 9.47 .. .. .. .. IRELAND................. 3.48 6.70 7.03 14.31 13.78 14.00 15.45 16.40 15.88 15.76 15.30 14.25 14.18 16.03 ITALY................... 4.46 8.63 7.53 17.27 15.92 15.82 16.27 17.77 16.81 16.45 16.09 14.22 13.98 14.99 NETHERLANDS............. 6.61 12.03 8.74 18.14 20.67 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 11.57 10.32 21.32 19.45 20.33 23.57 24.24 23.12 23.40 23.76 21.67 22.56 26.81 SPAIN................... .. .. .. 11.16 11.57 11.48 12.64 12.57 11.27 11.68 11.50 10.55 10.71 11.64 SWEDEN.................. 7.12 12.59 9.64 21.44 17.34 #18.20 20.95 23.60 21.22 21.43 20.98 19.63 17.98 19.73 SWITZERLAND............. 6.17 11.23 9.76 21.05 23.06 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.19 7.22 5.91 12.10 11.75 12.45 13.64 14.06 15.60 16.56 16.70 16.12 16.12 17.73 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 70 STONE, CLAY, AND GLASS PRODUCTS MANUFACTURING (US SIC 32 & ISIC 36) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.43 10.22 13.31 15.30 16.67 16.98 17.29 17.83 18.35 18.92 19.29 20.07 20.94 21.70 BRAZIL.................. .. .. .. .. .. .. .. 4.28 4.55 4.63 4.83 4.80 5.24 .. CANADA.................. .. .. 15.70 19.04 22.09 21.97 22.73 23.09 22.51 22.65 23.09 23.11 25.17 25.23 MEXICO.................. .. .. 417.1 4322 #7.60 8.42 9.82 11.47 12.72 15.48 18.08 20.78 24.15 26.46 ISRAEL.................. 1.62 19.12 #4.29 15.90 22.60 25.82 28.87 32.42 37.09 39.63 42.01 43.71 46.22 48.93 JAPAN................... 910.1 1247 1597 1922 2259 2324 2356 2387 2488 2445 2452 2447 2456 2482 KOREA................... 189.2 701.6 1297 3098 5043 5359 5811 6597 8223 8092 8976 9100 10709 10642 TAIWAN.................. 14.90 36.98 61.67 104.3 134.6 141.0 146.8 148.4 151.8 156.9 156.1 159.4 171.8 175.6 AUSTRIA................. 81.92 123.8 165.7 211.1 246.1 256.0 265.8 275.6 281.6 286.3 #21.05 21.61 22.05 22.52 BELGIUM................. 242.6 397.3 550.2 657.6 766.3 795.7 .. .. .. .. .. .. .. .. DENMARK................. 36.35 61.09 86.89 115.9 127.1 .. .. .. .. .. .. .. .. .. FINLAND................. 16.91 29.78 48.30 78.14 86.51 #88.17 #94.63 97.82 101.2 104.3 #18.48 19.03 19.70 20.52 FRANCE.................. 20.68 41.02 71.28 89.79 99.96 101.7 103.3 104.9 108.4 111.1 #17.33 18.23 19.07 19.71 GERMANY, FORMER WEST.... 15.03 21.06 26.18 32.55 37.97 39.43 40.89 41.82 42.32 42.59 #22.08 23.29 23.82 24.30 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 40.10 #20.80 21.91 22.44 22.88 GREECE.................. 57.72 179.4 568.3 1187 1785 2013 2231 2445 2652 2798 .. .. .. .. IRELAND................. 1.56 3.26 6.59 8.63 9.41 9.35 9.63 10.25 10.47 11.06 #14.36 15.44 15.85 16.96 ITALY................... 2913 7379 14384 20686 25044 25491 26501 27424 28643 28567 #15.11 15.40 15.62 15.86 NETHERLANDS............. 16.68 23.88 28.99 33.05 38.41 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 57.10 88.67 133.3 138.1 143.4 149.3 156.6 163.8 176.7 185.5 191.0 203.0 214.0 SPAIN................... .. .. .. 1138 1475 1537 1575 1593 1651 1746 #10.79 11.42 11.96 12.31 SWEDEN.................. 29.51 53.23 82.90 127.0 135.2 #140.4 149.6 158.3 162.2 170.4 #173.6 180.1 185.9 191.8 SWITZERLAND............. 15.93 18.81 23.96 29.26 34.08 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.43 3.11 4.56 6.78 7.82 8.13 8.64 9.01 9.53 9.99 10.33 10.64 11.20 11.81 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 71 GLASS AND GLASSWARE MANUFACTURING (US SIC 321-3) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 37 40 34 25 24 17 .. CANADA.................. .. .. 78 97 88 81 81 81 76 66 65 62 64 61 MEXICO.................. .. .. 11 11 16 15 9 9 10 10 11 12 13 13 JAPAN (1)............... 56 69 55 99 126 138 154 129 113 99 117 118 100 99 KOREA................... 7 11 11 31 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 2 12 13 25 28 29 29 28 26 23 22 24 23 23 AUSTRIA................. 69 87 57 113 119 122 142 134 114 112 107 92 86 90 BELGIUM................. 100 127 65 117 119 129 .. .. .. .. .. .. .. .. DENMARK................. 91 98 54 108 104 .. .. .. .. .. .. .. .. .. FRANCE.................. 80 98 58 106 101 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 89 107 64 128 129 136 155 145 125 122 117 102 97 100 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 114 109 96 90 93 ITALY................... 75 78 55 117 99 97 99 104 98 96 91 78 73 75 SPAIN................... .. .. .. 76 71 68 75 .. .. .. .. .. .. .. UNITED KINGDOM.......... 50 73 42 81 70 70 77 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 72 GLASS AND GLASSWARE MANUFACTURING (US SIC 321-3) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.86 11.07 14.68 16.53 18.39 18.79 19.12 19.83 20.21 20.64 20.96 21.83 22.95 23.76 BRAZIL.................. .. .. .. .. .. .. .. 7.40 8.02 7.00 5.15 5.18 3.98 .. CANADA.................. .. .. 11.45 16.02 16.17 15.21 15.48 16.09 15.34 13.63 13.60 13.62 14.75 14.40 MEXICO.................. .. .. 1.68 1.76 2.98 2.88 1.80 1.80 1.95 1.99 2.27 2.58 2.95 3.04 JAPAN (1)............... 3.87 7.61 8.02 16.38 23.17 26.01 29.40 25.49 22.84 20.49 24.60 25.85 22.89 23.50 KOREA................... 0.46 1.22 1.68 5.13 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.14 1.31 1.88 4.10 5.21 5.38 5.47 5.55 5.24 4.66 4.71 5.26 5.37 5.40 AUSTRIA................. 4.71 9.65 8.40 18.76 21.81 22.90 27.15 26.66 22.97 23.21 22.42 20.04 19.83 21.39 BELGIUM................. 6.88 14.01 9.49 19.33 21.87 24.28 .. .. .. .. .. .. .. .. DENMARK................. 6.27 10.83 7.93 17.90 19.03 .. .. .. .. .. .. .. .. .. FRANCE.................. 5.47 10.83 8.46 17.44 18.64 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 6.13 11.90 9.34 21.16 23.81 25.48 29.72 28.77 25.25 25.16 24.44 22.34 22.15 23.74 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 23.52 22.86 20.89 20.70 22.21 ITALY................... 5.12 8.61 8.11 19.34 18.21 18.27 18.98 20.66 19.80 19.72 19.12 17.06 16.78 17.92 SPAIN................... .. .. .. 12.63 13.03 12.86 14.42 .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.43 8.05 6.21 13.34 12.84 13.10 14.78 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 73 GLASS AND GLASSWARE MANUFACTURING (US SIC 321-3) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.86 11.07 14.68 16.53 18.39 18.79 19.12 19.83 20.21 20.64 20.96 21.83 22.95 23.76 BRAZIL.................. .. .. .. .. .. .. .. 7.44 8.64 8.13 9.38 9.49 9.37 .. CANADA.................. .. .. 15.64 18.70 20.87 20.77 21.25 21.95 21.25 20.23 20.21 20.24 22.84 22.60 MEXICO.................. .. .. 430.7 4958 #9.29 9.72 11.53 13.69 15.41 18.18 21.72 24.38 27.57 29.38 JAPAN (1)............... 1149 1717 1913 2375 2574 2659 2762 2774 2766 2684 2797 2786 2784 2942 KOREA................... 224.4 738.7 1462 3633 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 5.40 47.17 74.87 110.5 137.6 142.3 145.0 152.5 150.9 156.3 152.2 164.4 181.5 186.6 AUSTRIA................. 81.89 124.7 173.6 212.5 253.9 261.3 273.7 282.4 280.4 287.3 #21.04 21.70 22.15 22.62 BELGIUM................. 252.5 409.2 563.1 646.1 756.4 811.8 .. .. .. .. .. .. .. .. DENMARK................. 35.96 60.97 84.01 110.8 123.4 .. .. .. .. .. .. .. .. .. FRANCE.................. 23.44 45.71 76.00 95.01 105.6 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 15.05 21.60 27.47 34.21 39.41 41.34 42.57 43.30 43.81 44.28 #22.94 24.20 24.74 25.11 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 41.39 #21.45 22.63 23.13 23.49 ITALY................... 3341 7360 15477 23167 28652 29431 30910 31884 33733 34245 #17.94 18.48 18.75 18.95 SPAIN................... .. .. .. 1289 1661 1723 1796 .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.54 3.46 4.79 7.48 8.55 8.55 9.36 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 74 POTTERY AND RELATED PRODUCTS MANUFACTURING (US SIC 326) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 24 21 19 12 12 10 .. MEXICO.................. .. .. 10 9 13 13 8 8 8 8 9 10 12 12 JAPAN................... 46 56 51 87 124 134 149 129 116 100 115 119 104 105 KOREA................... 5 9 8 20 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 6 12 11 25 30 32 35 32 30 26 27 28 27 25 BELGIUM................. 112 141 69 131 141 145 .. .. .. .. .. .. .. .. DENMARK................. 119 128 67 138 140 .. .. .. .. .. .. .. .. .. FRANCE.................. 77 98 59 .. .. .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 114 134 73 141 151 153 181 176 146 140 136 120 114 118 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 134 130 115 109 113 ITALY................... 90 93 63 126 111 106 108 117 105 99 97 83 78 79 SPAIN................... .. .. .. 80 76 72 81 .. .. .. .. .. .. .. UNITED KINGDOM.......... 53 76 44 78 74 77 84 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 75 POTTERY AND RELATED PRODUCTS MANUFACTURING (US SIC 326) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.35 8.46 11.88 13.63 14.38 14.87 14.97 15.14 15.95 16.64 16.63 17.10 18.00 18.79 BRAZIL.................. .. .. .. .. .. .. .. 3.61 3.27 3.08 2.08 2.11 1.75 .. MEXICO.................. .. .. 1.15 1.24 1.91 1.99 1.19 1.15 1.23 1.34 1.45 1.71 2.07 2.18 JAPAN................... 2.46 4.76 6.02 11.84 17.82 19.96 22.31 19.61 18.49 16.63 19.18 20.33 18.78 19.82 KOREA................... 0.29 0.80 0.93 2.78 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.31 1.04 1.26 3.34 4.36 4.72 5.20 4.82 4.86 4.40 4.51 4.77 4.83 4.67 BELGIUM................. 5.96 11.95 8.21 17.80 20.26 21.62 .. .. .. .. .. .. .. .. DENMARK................. 6.35 10.79 7.99 18.83 20.07 .. .. .. .. .. .. .. .. .. FRANCE.................. 4.13 8.30 6.96 .. .. .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 6.12 11.33 8.62 19.16 21.69 22.80 27.02 26.58 23.37 23.23 22.58 20.55 20.56 22.24 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 22.27 21.63 19.70 19.69 21.32 ITALY................... 4.82 7.90 7.54 17.18 15.92 15.71 16.21 17.66 16.78 16.51 16.10 14.27 14.01 14.83 SPAIN................... .. .. .. 10.93 10.88 10.74 12.07 .. .. .. .. .. .. .. UNITED KINGDOM.......... 2.83 6.45 5.25 10.58 10.60 11.39 12.59 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 76 POTTERY AND RELATED PRODUCTS MANUFACTURING (US SIC 326) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.35 8.46 11.88 13.63 14.38 14.87 14.97 15.14 15.95 16.64 16.63 17.10 18.00 18.79 BRAZIL.................. .. .. .. .. .. .. .. 3.63 3.53 3.57 3.78 3.86 4.12 .. MEXICO.................. .. .. 295.5 3479 #5.96 6.70 7.66 8.72 9.77 12.27 13.87 16.22 19.36 21.03 JAPAN................... 731.3 1073 1435 1717 1980 2040 2096 2133 2239 2179 2181 2192 2283 2482 KOREA................... 140.0 487.8 809.1 1969 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 11.90 37.58 50.09 90.04 115.1 124.8 137.9 132.5 139.8 147.5 145.8 149.2 163.4 161.2 BELGIUM................. 218.8 348.8 487.3 594.9 700.6 722.9 .. .. .. .. .. .. .. .. DENMARK................. 36.42 60.72 84.67 116.5 130.2 .. .. .. .. .. .. .. .. .. FRANCE.................. 17.69 35.02 62.54 .. .. .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 15.03 20.56 25.36 30.98 35.90 36.99 38.70 40.00 40.54 40.89 #21.20 22.26 22.96 23.52 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 39.19 #20.30 21.34 21.99 22.55 ITALY................... 3147 6751 14385 20578 25040 25303 26409 27248 28592 28685 #15.11 15.45 15.65 15.69 SPAIN................... .. .. .. 1114 1387 1438 1504 .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.27 2.77 4.04 5.93 7.06 7.43 7.98 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 77 PRIMARY METAL MANUFACTURING (US SIC 33 & ISIC 37) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 43 41 37 23 25 20 .. CANADA.................. .. .. 83 108 102 94 93 96 94 87 89 86 80 78 MEXICO.................. .. .. 14 13 16 17 10 11 12 13 13 15 16 15 AUSTRALIA............... 71 67 53 77 65 76 .. .. .. .. .. .. .. .. ISRAEL.................. 30 31 27 39 35 35 41 42 45 44 43 45 44 38 JAPAN................... 51 55 53 97 123 131 139 120 109 100 114 117 97 85 KOREA................... 6 10 11 28 35 36 40 46 41 28 32 36 29 33 TAIWAN.................. 6 10 11 29 32 33 33 32 31 28 31 33 31 27 AUSTRIA................. 65 75 53 108 107 111 129 125 109 110 106 92 85 87 BELGIUM................. 90 116 62 122 125 134 .. .. .. .. .. .. .. .. DENMARK................. 75 74 45 88 84 .. .. .. .. .. .. .. .. .. FINLAND................. 58 66 54 123 85 #96 #124 122 105 107 103 90 86 .. FRANCE.................. 61 70 50 92 86 87 95 93 83 84 81 71 68 72 GERMANY, FORMER WEST.... 80 94 61 122 123 127 149 146 128 128 122 109 101 106 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 124 118 105 77 80 GREECE.................. 30 44 32 55 49 49 57 58 55 47 .. .. .. .. ITALY................... 62 64 51 103 82 80 81 89 83 81 77 66 61 65 NETHERLANDS............. 89 99 56 109 108 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 85 63 116 97 100 113 118 110 111 108 97 94 109 SPAIN (1)............... .. .. .. 75 70 68 75 75 69 71 68 59 54 57 SWEDEN.................. 93 94 60 116 83 #86 99 114 103 102 98 89 76 80 UNITED KINGDOM.......... 42 54 38 70 61 62 65 69 76 82 80 76 70 72 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding foundries. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 78 PRIMARY METAL MANUFACTURING (US SIC 33 & ISIC 37) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 8.80 14.58 17.63 19.72 22.29 22.83 23.30 23.35 23.61 23.76 24.21 24.98 26.60 27.56 BRAZIL.................. .. .. .. .. .. .. .. 10.08 9.76 8.86 5.56 6.26 5.26 .. CANADA.................. .. .. 14.55 21.26 22.77 21.40 21.71 22.40 22.15 20.68 21.50 21.44 21.33 21.43 MEXICO.................. .. .. 2.45 2.63 3.66 3.84 2.38 2.47 2.91 3.00 3.27 3.78 4.25 4.24 AUSTRALIA............... 6.28 9.71 9.35 15.27 14.48 17.29 .. .. .. .. .. .. .. .. ISRAEL.................. 2.65 4.51 4.76 7.71 7.69 7.99 9.45 9.80 10.52 10.49 10.36 11.21 11.65 10.36 JAPAN................... 4.48 8.09 9.37 19.04 27.40 30.01 32.50 27.92 25.75 23.82 27.59 29.18 25.74 23.32 KOREA................... 0.49 1.39 1.89 5.52 7.88 8.22 9.43 10.69 9.57 6.54 7.74 8.92 7.71 9.09 TAIWAN.................. 0.55 1.45 1.99 5.77 7.05 7.43 7.78 7.59 7.43 6.75 7.54 8.17 8.26 7.44 AUSTRIA................. 5.68 10.94 9.30 21.24 23.95 25.29 30.00 29.28 25.79 26.06 25.68 23.07 22.72 24.10 BELGIUM................. 7.93 16.95 10.98 24.06 27.96 30.55 .. .. .. .. .. .. .. .. DENMARK................. 6.64 10.84 7.93 17.27 18.71 .. .. .. .. .. .. .. .. .. FINLAND................. 5.13 9.68 9.57 24.18 18.96 #22.02 #28.99 28.45 24.73 25.41 24.95 22.54 22.75 .. FRANCE.................. 5.35 10.24 8.73 18.09 19.12 19.81 22.13 21.68 19.60 19.91 19.56 17.64 17.96 19.71 GERMANY, FORMER WEST.... 7.06 13.72 10.74 23.99 27.33 28.96 34.69 34.01 30.23 30.31 29.57 27.18 26.99 29.10 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 29.42 28.67 26.34 20.36 22.05 GREECE.................. 2.66 6.38 5.67 10.90 10.88 11.20 13.20 13.55 12.94 11.10 .. .. .. .. ITALY................... 5.49 9.39 8.93 20.34 18.26 18.29 18.94 20.71 19.67 19.26 18.71 16.57 16.36 17.82 NETHERLANDS............. 7.83 14.39 9.92 21.45 23.97 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 12.43 11.14 22.85 21.71 22.94 26.34 27.51 26.01 26.39 26.05 24.27 25.08 29.94 SPAIN (1)............... .. .. .. 14.81 15.64 15.57 17.43 17.62 16.20 16.91 16.54 14.65 14.49 15.62 SWEDEN.................. 8.16 13.72 10.62 22.79 18.42 #19.63 23.06 26.64 24.40 24.28 23.71 22.15 20.21 22.15 UNITED KINGDOM.......... 3.71 7.90 6.75 13.74 13.51 14.27 15.24 16.10 17.92 19.39 19.24 19.03 18.56 19.75 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding foundries. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 79 PRIMARY METAL MANUFACTURING (US SIC 33 & ISIC 37) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 8.80 14.58 17.63 19.72 22.29 22.83 23.30 23.35 23.61 23.76 24.21 24.98 26.60 27.56 BRAZIL.................. .. .. .. .. .. .. .. 10.13 10.52 10.29 10.13 11.45 12.37 .. CANADA.................. .. .. 19.88 24.81 29.38 29.23 29.81 30.56 30.68 30.69 31.95 31.85 33.03 33.64 MEXICO.................. .. .. 629.4 7397 #11.39 12.97 15.28 18.76 23.07 27.48 31.20 35.79 39.66 40.97 AUSTRALIA............... 4.80 8.52 13.35 19.56 21.30 23.63 .. .. .. .. .. .. .. .. ISRAEL.................. 1.70 23.13 #5.61 15.55 21.77 24.07 28.46 31.29 36.28 39.84 42.88 45.69 48.99 49.09 JAPAN................... 1330 1826 2235 2761 3044 3067 3054 3037 3118 3121 3137 3145 3129 2920 KOREA................... 237.9 845.1 1645 3910 6324 6605 7276 8603 9098 9156 9210 10094 9960 11366 TAIWAN.................. 20.93 52.13 79.47 155.5 186.2 196.8 206.2 208.5 214.0 226.6 243.6 255.4 279.4 257.1 AUSTRIA................. 98.83 141.5 192.4 240.7 278.8 288.6 302.4 310.1 314.9 322.6 #24.11 24.99 25.38 25.49 BELGIUM................. 291.1 495.0 651.7 804.2 966.8 1021 .. .. .. .. .. .. .. .. DENMARK................. 38.09 61.03 84.01 106.9 121.4 .. .. .. .. .. .. .. .. .. FINLAND................. 18.79 35.99 59.31 92.60 108.5 #115.2 #126.9 130.7 128.5 135.8 #23.42 24.41 25.41 .. FRANCE.................. 22.89 43.21 78.44 98.52 108.4 109.9 110.4 110.9 114.4 117.5 #18.36 19.11 20.07 20.85 GERMANY, FORMER WEST.... 17.34 24.91 31.60 38.80 45.23 46.97 49.68 51.19 52.45 53.34 #27.76 29.44 30.15 30.78 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 51.77 #26.91 28.54 22.74 23.32 GREECE.................. 85.86 271.9 783.2 1728 2494 2716 3059 3261 3534 3280 .. .. .. .. ITALY................... 3581 8025 17048 24368 28727 29467 30860 31960 33523 33463 #17.56 17.95 18.27 18.85 NETHERLANDS............. 19.75 28.56 32.91 39.08 44.53 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 61.33 95.76 142.9 154.1 161.9 166.9 177.7 184.3 199.3 203.4 213.9 225.7 239.0 SPAIN (1)............... .. .. .. 1510 1993 2085 2171 2233 2374 2527 #15.53 15.87 16.19 16.53 SWEDEN.................. 33.78 58.02 91.40 135.0 143.6 #151.4 164.7 178.7 186.5 193.0 #196.2 203.2 209.0 215.3 UNITED KINGDOM.......... 1.67 3.40 5.20 7.70 9.00 9.31 9.66 10.31 10.94 11.70 11.90 12.55 12.89 13.16 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding foundries. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 80 IRON AND STEEL MANUFACTURING (US SIC 331) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 37 35 31 20 22 17 .. CANADA.................. .. .. 71 88 80 73 70 72 71 67 69 66 60 58 JAPAN (1)............... 51 55 51 95 112 119 126 110 101 95 111 113 90 80 KOREA................... .. 9 10 26 .. .. .. .. .. .. .. .. .. .. AUSTRIA................. 58 66 46 95 91 92 105 106 92 94 91 78 70 72 BELGIUM................. 79 100 52 100 99 104 .. .. .. .. .. .. .. .. FRANCE.................. 56 61 43 81 71 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 74 83 54 106 102 103 119 118 105 106 101 .. .. .. GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 104 99 .. .. .. ITALY................... 56 55 43 86 64 62 61 69 65 64 61 52 46 49 NETHERLANDS............. 80 87 49 94 87 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 62 55 53 56 .. .. .. .. .. .. .. UNITED KINGDOM.......... 38 47 33 60 46 49 50 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 81 IRON AND STEEL MANUFACTURING (US SIC 331) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 10.26 17.52 21.38 24.28 28.92 30.25 31.52 30.71 30.85 30.80 31.44 32.92 36.33 37.44 BRAZIL.................. .. .. .. .. .. .. .. 11.47 10.89 9.63 6.17 7.25 6.09 .. CANADA.................. .. .. 15.17 21.39 23.02 21.99 21.92 22.12 21.82 20.55 21.74 21.79 21.71 21.59 JAPAN (1)............... 5.21 9.63 10.99 23.11 32.40 35.95 39.58 33.71 31.26 29.40 34.86 37.04 32.73 30.02 KOREA................... .. 1.57 2.22 6.30 .. .. .. .. .. .. .. .. .. .. AUSTRIA................. 5.92 11.56 9.90 23.00 26.30 27.79 33.11 32.50 28.52 28.82 28.70 25.84 25.44 26.99 BELGIUM................. 8.06 17.60 11.17 24.34 28.56 31.36 .. .. .. .. .. .. .. .. FRANCE.................. 5.74 10.73 9.18 19.59 20.52 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 7.61 14.55 11.64 25.82 29.53 31.19 37.57 36.29 32.31 32.73 31.70 .. .. .. GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 32.04 31.02 .. .. .. ITALY................... 5.75 9.58 9.20 20.85 18.66 18.68 19.37 21.20 20.15 19.77 19.20 17.01 16.79 18.30 NETHERLANDS............. 8.24 15.23 10.48 22.81 25.20 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 15.13 16.00 15.91 17.51 .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.88 8.30 7.16 14.48 13.37 14.77 15.78 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 82 IRON AND STEEL MANUFACTURING (US SIC 331) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 10.26 17.52 21.38 24.28 28.92 30.25 31.52 30.71 30.85 30.80 31.44 32.92 36.33 37.44 BRAZIL.................. .. .. .. .. .. .. .. 11.53 11.74 11.18 11.23 13.26 14.32 .. CANADA.................. .. .. 20.72 24.96 29.70 30.04 30.10 30.17 30.22 30.49 32.31 32.39 33.63 33.90 JAPAN (1)............... 1546 2173 2621 3351 3599 3675 3719 3668 3786 3851 3963 3993 3980 3759 KOREA................... .. 956.3 1931 4457 .. .. .. .. .. .. .. .. .. .. AUSTRIA................. 103.0 149.5 204.8 260.6 306.1 317.1 333.8 344.2 348.2 356.8 #26.94 27.99 28.42 28.55 BELGIUM................. 295.7 513.8 663.1 813.4 987.7 1048 .. .. .. .. .. .. .. .. FRANCE.................. 24.58 45.28 82.44 106.7 116.3 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 18.69 26.40 34.23 41.75 48.88 50.59 53.80 54.62 56.06 57.60 #29.76 .. .. .. GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 56.39 #29.12 .. .. .. ITALY................... 3753 8191 17556 24976 29346 30093 31553 32713 34338 34338 #18.03 18.42 18.76 19.36 NETHERLANDS............. 20.79 30.23 34.78 41.56 46.82 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 1543 2039 2131 2182 .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.75 3.57 5.52 8.12 8.91 9.64 10.00 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 83 IRON AND STEEL INCLUDING FOUNDRIES (US SIC 331-2) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 CANADA.................. .. .. 76 96 89 82 79 82 82 76 78 75 69 66 MEXICO.................. .. .. 13 14 17 17 10 10 12 12 13 15 15 15 JAPAN................... 50 53 51 93 116 122 127 109 100 92 103 104 84 75 KOREA................... 5 9 10 27 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 6 9 10 28 29 30 30 30 29 26 29 30 28 25 SWEDEN.................. 87 88 55 106 73 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 84 IRON AND STEEL INCLUDING FOUNDRIES (US SIC 331-2) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 9.42 15.85 19.40 21.83 25.32 26.29 27.03 26.71 26.73 26.75 27.46 28.58 31.13 32.18 CANADA.................. .. .. 14.81 21.00 22.64 21.52 21.44 22.03 21.87 20.41 21.40 21.46 21.40 21.37 MEXICO.................. .. .. 2.61 3.00 4.33 4.52 2.71 2.76 3.28 3.32 3.64 4.18 4.68 4.71 JAPAN................... 4.71 8.48 9.95 20.21 29.31 32.08 34.38 29.04 26.65 24.65 28.19 29.67 26.19 24.02 KOREA................... 0.49 1.42 1.97 5.92 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.54 1.45 1.99 6.04 7.40 7.76 8.11 7.89 7.78 7.06 7.88 8.69 8.84 8.04 SWEDEN.................. 8.21 13.89 10.73 23.04 18.58 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 85 IRON AND STEEL INCLUDING FOUNDRIES (US SIC 331-2) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 9.42 15.85 19.40 21.83 25.32 26.29 27.03 26.71 26.73 26.75 27.46 28.58 31.13 32.18 CANADA.................. .. .. 20.23 24.50 29.21 29.40 29.44 30.05 30.29 30.29 31.79 31.89 33.15 33.55 MEXICO.................. .. .. 670.0 8427 #13.50 15.27 17.39 21.00 25.95 30.34 34.80 39.54 43.70 45.47 JAPAN................... 1397 1914 2374 2930 3256 3278 3230 3160 3228 3230 3205 3199 3185 3008 KOREA................... 237.9 859.9 1710 4188 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 20.66 52.10 79.15 162.7 195.6 205.5 214.8 216.7 224.1 236.7 254.8 271.8 298.9 277.6 SWEDEN.................. 34.02 58.73 92.29 136.5 144.9 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 86 NONFERROUS METALS MANUFACTURING (US SIC 333-5) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (1)....... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 48 48 45 26 28 23 .. BELGIUM................. 99 120 66 131 135 143 .. .. .. .. .. .. .. .. DENMARK................. .. 92 49 97 93 .. .. .. .. .. .. .. .. .. FRANCE.................. 65 77 52 96 94 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 84 100 61 129 138 145 172 166 142 140 137 .. .. .. GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 137 134 .. .. .. ITALY................... 64 68 50 107 88 87 90 95 88 85 82 71 68 72 NETHERLANDS............. 91 101 57 108 112 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 77 74 73 85 .. .. .. .. .. .. .. UNITED KINGDOM.......... 46 63 40 74 67 69 72 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding secondary melting & refining (US SIC 334). SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 87 NONFERROUS METALS MANUFACTURING (US SIC 333-5) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (1)....... 8.00 13.37 16.70 18.33 20.00 20.18 20.37 20.96 21.66 22.02 22.23 22.81 23.27 24.05 BRAZIL.................. .. .. .. .. .. .. .. 9.96 10.37 9.98 5.83 6.29 5.36 .. BELGIUM................. 7.95 16.10 11.03 23.96 26.99 28.94 .. .. .. .. .. .. .. .. DENMARK................. .. 12.23 8.22 17.87 18.54 .. .. .. .. .. .. .. .. .. FRANCE.................. 5.18 10.28 8.70 17.55 18.74 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 6.71 13.40 10.21 23.70 27.66 29.35 34.95 34.69 30.80 30.91 30.39 .. .. .. GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 30.24 29.70 .. .. .. ITALY................... 5.14 9.07 8.34 19.59 17.60 17.63 18.27 19.97 18.98 18.69 18.16 16.08 15.88 17.30 NETHERLANDS............. 7.29 13.49 9.48 19.86 22.45 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 14.04 14.76 14.80 17.37 .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.69 8.46 6.62 13.62 13.35 13.84 14.74 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding secondary melting & refining (US SIC 334). SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 88 NONFERROUS METALS MANUFACTURING (US SIC 333-5) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (1)....... 8.00 13.37 16.70 18.33 20.00 20.18 20.37 20.96 21.66 22.02 22.23 22.81 23.27 24.05 BRAZIL.................. .. .. .. .. .. .. .. 10.01 11.18 11.58 10.61 11.51 12.61 .. BELGIUM................. 291.7 470.2 654.7 800.7 933.2 967.3 .. .. .. .. .. .. .. .. DENMARK................. .. 68.86 87.12 110.6 120.2 .. .. .. .. .. .. .. .. .. FRANCE.................. 22.17 43.39 78.09 95.60 106.2 .. .. .. .. .. .. .. .. .. GERMANY, FORMER WEST.... 16.48 24.33 30.04 38.33 45.77 47.60 50.04 52.21 53.44 54.40 #28.52 .. .. .. GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 53.21 #27.88 .. .. .. ITALY................... 3353 7758 15930 23473 27683 28403 29767 30815 32348 32463 #17.05 17.42 17.74 18.30 NETHERLANDS............. 18.39 26.78 31.45 36.19 41.70 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 1432 1882 1982 2165 .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.66 3.64 5.10 7.63 8.89 9.03 9.34 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding secondary melting & refining (US SIC 334). SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 89 NONFERROUS METALS INCLUDING FOUNDRIES (US SIC 333-6) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (1)....... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 CANADA.................. .. .. 91 126 122 112 116 117 111 102 105 101 98 95 MEXICO.................. .. .. 11 10 15 15 10 10 12 12 13 15 17 16 JAPAN................... 52 56 52 97 126 138 153 131 119 108 128 133 114 98 KOREA................... 7 10 10 28 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 8 12 13 27 30 33 35 33 31 28 31 31 29 24 SWEDEN.................. 105 104 66 128 95 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding secondary melting & refining (US SIC 334). SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 90 NONFERROUS METALS INCLUDING FOUNDRIES (US SIC 333-6) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (1)....... 7.44 12.55 15.60 17.17 18.82 18.96 19.05 19.62 20.22 20.59 20.66 21.14 21.76 22.56 CANADA.................. .. .. 14.13 21.63 22.97 21.23 22.07 22.88 22.51 21.01 21.63 21.40 21.24 21.49 MEXICO.................. .. .. 1.67 1.76 2.78 2.90 1.88 2.02 2.36 2.51 2.72 3.20 3.64 3.59 JAPAN................... 3.87 7.09 8.05 16.62 23.76 26.19 29.10 25.76 24.05 22.27 26.35 28.06 24.72 22.01 KOREA................... 0.51 1.21 1.62 4.83 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.59 1.45 2.04 4.71 5.68 6.21 6.59 6.54 6.21 5.67 6.33 6.50 6.42 5.49 SWEDEN.................. 7.82 13.11 10.23 21.92 17.92 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding secondary melting & refining (US SIC 334). SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 91 NONFERROUS METALS INCLUDING FOUNDRIES (US SIC 333-6) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES (1)....... 7.44 12.55 15.60 17.17 18.82 18.96 19.05 19.62 20.22 20.59 20.66 21.14 21.76 22.56 CANADA.................. .. .. 19.30 25.24 29.63 29.00 30.30 31.21 31.18 31.18 32.14 31.80 32.90 33.74 MEXICO.................. .. .. 429.2 4956 #8.67 9.79 12.04 15.32 18.71 22.93 26.01 30.30 33.95 34.74 JAPAN................... 1147 1599 1920 2410 2639 2677 2734 2803 2912 2917 2996 3025 3005 2756 KOREA................... 247.6 736.4 1411 3418 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 22.44 52.31 81.34 126.7 150.1 164.4 174.5 179.7 178.8 190.4 204.5 203.2 217.1 189.7 SWEDEN.................. 32.39 55.44 88.03 129.9 139.7 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Excluding secondary melting & refining (US SIC 334). SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 92 FABRICATED METAL PRODUCTS, MACHINERY, AND EQUIPMENT (US SIC 34-38 & ISIC 38) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 40 39 37 21 23 19 .. CANADA (2).............. .. .. 75 102 96 91 92 91 88 84 83 82 78 76 MEXICO.................. .. .. 11 10 14 13 8 8 9 9 10 11 12 12 JAPAN................... 44 51 44 81 110 120 134 115 104 96 110 114 96 87 KOREA................... 5 9 10 25 32 36 42 46 40 29 36 38 34 40 TAIWAN.................. 6 10 10 23 28 29 30 30 29 25 26 27 25 22 AUSTRIA................. 63 80 50 110 111 115 135 127 108 109 105 90 86 89 BELGIUM................. 93 121 62 119 121 129 .. .. .. .. .. .. .. .. DENMARK................. 84 92 52 105 101 .. .. .. .. .. .. .. .. .. FINLAND................. 66 71 52 122 86 #96 #122 116 99 102 97 85 82 .. FRANCE.................. 63 82 52 96 92 94 104 100 87 88 85 76 74 77 GERMANY, FORMER WEST.... 89 113 66 139 144 147 171 169 146 144 139 121 114 117 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 141 135 117 110 113 IRELAND (3)............. 42 53 38 68 63 64 70 70 63 63 59 55 59 59 ITALY................... 66 72 52 108 88 86 88 94 86 83 79 68 64 67 NETHERLANDS............. 88 104 55 102 101 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 106 69 129 110 113 128 127 117 117 115 102 101 115 SPAIN................... .. .. .. 75 70 67 74 74 66 62 62 55 52 55 SWEDEN.................. 97 108 63 123 93 #96 110 122 108 106 102 93 80 85 UNITED KINGDOM.......... 48 68 42 79 70 72 76 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Generally includes metal furniture except for the United States, Canada, Japan & Taiwan, which include metal furniture in furniture & fixtures manufacturing (US SIC 25). (2) Excluding instruments and related products. (3) Including foundry products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 93 FABRICATED METAL PRODUCTS, MACHINERY, AND EQUIPMENT (US SIC 34-38 & ISIC 38) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 7.38 11.44 15.23 16.59 18.51 18.92 19.09 19.60 20.30 20.44 20.87 21.53 22.54 23.50 BRAZIL.................. .. .. .. .. .. .. .. 7.85 7.87 7.56 4.42 5.02 4.19 .. CANADA (2).............. .. .. 11.40 16.97 17.81 17.27 17.66 17.89 17.85 17.24 17.37 17.63 17.48 17.76 MEXICO.................. .. .. 1.64 1.61 2.50 2.49 1.57 1.53 1.73 1.78 2.02 2.37 2.79 2.88 JAPAN................... 3.25 5.87 6.69 13.46 20.38 22.74 25.54 22.53 21.02 19.67 23.01 24.54 21.65 20.48 KOREA................... 0.36 1.06 1.45 4.17 6.00 6.88 8.02 9.00 8.20 5.92 7.46 8.27 7.76 9.47 TAIWAN.................. 0.45 1.12 1.53 3.88 5.16 5.46 5.82 5.84 5.80 5.21 5.45 5.81 5.58 5.28 AUSTRIA................. 4.65 9.11 7.64 18.18 20.60 21.85 25.69 24.84 21.92 22.18 21.92 19.47 19.29 20.83 BELGIUM................. 6.84 13.81 9.48 19.77 22.32 24.39 .. .. .. .. .. .. .. .. DENMARK................. 6.23 10.57 7.85 17.38 18.77 .. .. .. .. .. .. .. .. .. FINLAND................. 4.83 8.14 7.91 20.25 15.86 #18.17 #23.30 22.78 20.14 20.79 20.32 18.20 18.40 .. FRANCE.................. 4.67 9.33 7.85 15.92 17.05 17.70 19.85 19.53 17.65 17.93 17.68 16.29 16.58 18.11 GERMANY, FORMER WEST.... 6.57 12.93 10.06 23.07 26.72 27.74 32.68 33.21 29.54 29.50 28.93 25.94 25.66 27.53 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 28.78 28.23 25.08 24.81 26.60 IRELAND (3)............. 3.13 6.04 5.76 11.32 11.58 12.07 13.35 13.78 12.85 12.89 12.31 11.76 13.30 13.77 ITALY................... 4.85 8.29 7.89 17.96 16.26 16.28 16.84 18.34 17.42 17.03 16.54 14.65 14.45 15.74 NETHERLANDS............. 6.51 11.86 8.31 16.86 18.66 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 12.08 10.54 21.45 20.40 21.31 24.44 24.90 23.82 23.91 24.08 22.06 22.78 26.94 SPAIN................... .. .. .. 12.40 12.86 12.76 14.15 14.58 13.33 12.71 12.93 11.75 11.74 13.03 SWEDEN.................. 7.18 12.32 9.54 20.49 17.24 #18.17 21.09 23.88 21.86 21.72 21.32 19.94 18.10 19.95 UNITED KINGDOM.......... 3.52 7.80 6.46 13.12 12.98 13.57 14.44 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Generally includes metal furniture except for the United States, Canada, Japan & Taiwan, which include metal furniture in furniture & fixtures manufacturing (US SIC 25). (2) Excluding instruments and related products. (3) Including foundry products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 94 FABRICATED METAL PRODUCTS, MACHINERY, AND EQUIPMENT (US SIC 34-38 & ISIC 38) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 7.38 11.44 15.23 16.59 18.51 18.92 19.09 19.60 20.30 20.44 20.87 21.53 22.54 23.50 BRAZIL.................. .. .. .. .. .. .. .. 7.88 8.49 8.78 8.05 9.19 9.86 .. CANADA (2).............. .. .. 15.58 19.80 22.97 23.59 24.25 24.40 24.72 25.59 25.82 26.20 27.07 27.89 MEXICO.................. .. .. 422.3 4521 #7.79 8.40 10.11 11.66 13.70 16.26 19.27 22.43 26.03 27.82 JAPAN................... 963.6 1326 1596 1952 2264 2324 2400 2452 2546 2577 2616 2645 2633 2564 KOREA................... 176.6 645.7 1263 2955 4818 5528 6184 7239 7800 8293 8883 9353 10032 11835 TAIWAN.................. 17.06 40.16 60.87 104.5 136.2 144.7 154.2 160.5 166.9 174.8 176.2 181.5 188.6 182.3 AUSTRIA................. 80.96 117.9 158.1 206.0 239.7 249.3 258.9 263.0 267.6 274.6 #20.58 21.09 21.55 22.04 BELGIUM................. 251.1 403.2 562.5 660.7 772.0 815.3 .. .. .. .. .. .. .. .. DENMARK................. 35.71 59.50 83.18 107.6 121.7 .. .. .. .. .. .. .. .. .. FINLAND................. 17.71 30.28 49.01 77.55 90.77 #95.12 #102.0 104.7 104.7 111.2 #19.07 19.71 20.55 .. FRANCE.................. 20.00 39.37 70.45 86.71 96.63 98.14 98.98 99.93 103.1 105.8 #16.60 17.65 18.53 19.16 GERMANY, FORMER WEST.... 16.12 23.47 29.59 37.31 44.22 45.00 46.80 49.97 51.24 51.92 #27.16 28.10 28.67 29.12 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 50.65 #26.50 27.17 27.72 28.14 IRELAND (3)............. 1.41 2.93 5.40 6.83 7.90 8.07 8.32 8.62 8.47 9.05 #11.56 12.74 14.86 14.57 ITALY................... 3166 7088 15067 21510 25571 26235 27428 28305 29686 29578 #15.53 15.87 16.15 16.65 NETHERLANDS............. 16.41 23.55 27.57 30.71 34.67 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 59.61 90.61 134.2 144.8 150.4 154.8 160.8 168.8 180.6 188.0 194.4 204.9 215.1 SPAIN................... .. .. .. 1265 1640 1708 1763 1847 1953 1899 #12.14 12.73 13.11 13.79 SWEDEN.................. 29.75 52.08 82.11 121.4 134.4 #140.2 150.6 160.2 167.1 172.7 #176.4 182.9 187.2 193.9 UNITED KINGDOM.......... 1.58 3.35 4.98 7.35 8.65 8.86 9.14 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Generally includes metal furniture except for the United States, Canada, Japan & Taiwan, which include metal furniture in furniture & fixtures manufacturing (US SIC 25). (2) Excluding instruments and related products. (3) Including foundry products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 95 FABRICATED METAL PRODUCTS MANUFACTURING (US SIC 34) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 32 31 28 17 17 14 .. CANADA.................. .. .. 79 104 94 88 93 92 90 85 86 85 79 78 MEXICO.................. .. .. 10 9 13 14 8 8 8 8 9 10 12 12 HONG KONG SAR (2,3)..... 11 15 12 18 26 25 26 26 31 31 30 28 28 25 ISRAEL.................. 35 40 32 63 57 58 67 69 71 70 65 69 67 58 JAPAN................... 47 53 48 84 120 130 139 117 105 96 109 114 95 84 KOREA................... 5 10 10 26 35 37 43 50 44 28 33 38 36 38 TAIWAN.................. 7 11 12 25 30 31 33 31 30 27 26 27 25 23 BELGIUM................. 99 134 71 125 128 138 .. .. .. .. .. .. .. .. DENMARK................. 89 102 60 115 113 .. .. .. .. .. .. .. .. .. FINLAND................. 69 79 58 130 93 #104 #133 128 109 111 105 93 90 .. FRANCE.................. 67 87 56 101 99 101 113 108 95 96 92 81 79 84 GERMANY, FORMER WEST.... 92 117 67 134 140 145 170 163 141 137 131 115 109 114 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 132 125 110 105 109 GREECE.................. 26 39 29 47 44 46 53 55 50 48 .. .. .. .. ITALY................... 70 81 58 116 97 95 98 104 96 93 88 76 72 76 NETHERLANDS............. 97 112 60 111 112 .. .. .. .. .. .. .. .. .. SPAIN (4)............... .. .. .. 74 69 69 76 71 63 64 62 55 55 58 SWEDEN.................. 108 121 70 135 103 #108 123 134 118 115 110 100 88 93 UNITED KINGDOM.......... 48 69 43 76 68 71 76 78 82 89 87 81 77 78 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Generally includes metal furniture except for the United States, Canada, Japan & Taiwan, which include metal furniture in furniture & fixtures manufacturing (US SIC 25). (2) Hong Kong special administrative region of China. (3) Hardware, metal wristwatch bands, and metal products NEC. (4) Including foundry products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 96 FABRICATED METAL PRODUCTS MANUFACTURING (US SIC 34) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.60 10.09 13.24 15.10 16.49 16.70 16.85 17.31 17.73 17.95 18.37 18.85 19.62 20.33 BRAZIL.................. .. .. .. .. .. .. .. 5.59 5.46 5.11 3.14 3.15 2.68 .. CANADA.................. .. .. 10.49 15.66 15.52 14.78 15.61 15.89 15.88 15.23 15.83 16.01 15.52 15.76 MEXICO.................. .. .. 1.37 1.35 2.15 2.26 1.39 1.31 1.44 1.42 1.64 1.98 2.28 2.39 HONG KONG SAR (2,3)..... 0.75 1.47 1.65 2.66 4.35 4.19 4.41 4.57 5.43 5.62 5.57 5.33 5.44 5.17 ISRAEL.................. 2.32 4.07 4.28 9.58 9.46 9.70 11.27 12.03 12.61 12.58 11.95 12.95 13.22 11.89 JAPAN................... 3.08 5.39 6.37 12.65 19.74 21.72 23.44 20.34 18.59 17.17 20.09 21.57 18.65 17.05 KOREA................... 0.34 1.05 1.36 3.99 5.80 6.25 7.28 8.58 7.75 5.00 6.14 7.18 6.97 7.77 TAIWAN.................. 0.43 1.14 1.54 3.73 4.91 5.22 5.50 5.42 5.33 4.78 4.83 5.09 4.84 4.63 BELGIUM................. 6.53 13.54 9.34 18.88 21.07 23.12 .. .. .. .. .. .. .. .. DENMARK................. 5.88 10.34 7.97 17.29 18.63 .. .. .. .. .. .. .. .. .. FINLAND................. 4.56 7.93 7.64 19.59 15.26 #17.45 #22.44 22.19 19.39 19.99 19.36 17.44 17.60 .. FRANCE.................. 4.41 8.76 7.42 15.19 16.30 16.91 19.00 18.73 16.93 17.19 16.87 15.26 15.59 17.03 GERMANY, FORMER WEST.... 6.09 11.78 8.91 20.29 23.16 24.28 28.62 28.25 24.93 24.66 23.98 21.69 21.46 23.23 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 23.60 22.95 20.75 20.54 22.20 GREECE.................. 1.73 3.96 3.88 7.06 7.18 7.64 9.01 9.50 8.92 8.68 .. .. .. .. ITALY................... 4.60 8.20 7.73 17.54 15.93 15.93 16.47 17.98 17.05 16.61 16.13 14.28 14.09 15.35 NETHERLANDS............. 6.37 11.32 7.98 16.75 18.42 .. .. .. .. .. .. .. .. .. SPAIN (4)............... .. .. .. 11.23 11.45 11.44 12.74 12.35 11.24 11.44 11.34 10.40 10.79 11.85 SWEDEN.................. 7.11 12.18 9.26 20.31 16.95 #17.97 20.64 23.21 20.84 20.60 20.27 18.81 17.19 18.82 UNITED KINGDOM.......... 3.13 6.98 5.73 11.46 11.17 11.89 12.80 13.47 14.55 16.05 15.99 15.25 15.02 15.95 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Generally includes metal furniture except for the United States, Canada, Japan & Taiwan, which include metal furniture in furniture & fixtures manufacturing (US SIC 25). (2) Hong Kong special administrative region of China. (3) Hardware, metal wristwatch bands, and metal products NEC. (4) Including foundry products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 97 FABRICATED METAL PRODUCTS MANUFACTURING (US SIC 34) (1) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.60 10.09 13.24 15.10 16.49 16.70 16.85 17.31 17.73 17.95 18.37 18.85 19.62 20.33 BRAZIL.................. .. .. .. .. .. .. .. 5.62 5.88 5.93 5.72 5.76 6.31 .. CANADA.................. .. .. 14.33 18.27 20.02 20.18 21.43 21.67 22.00 22.61 23.52 23.79 24.04 24.74 MEXICO.................. .. .. 352.4 3788 #6.69 7.62 8.92 9.94 11.43 13.02 15.63 18.70 21.28 23.05 HONG KONG SAR (2,3)..... 3.71 7.31 12.85 20.76 33.66 32.37 34.10 35.39 42.05 43.52 43.23 41.53 42.40 40.36 ISRAEL.................. 1.48 20.86 #5.04 19.31 26.76 29.21 33.94 38.40 43.51 47.79 49.46 52.79 55.59 56.32 JAPAN................... 913.6 1216 1520 1834 2193 2220 2203 2213 2252 2249 2284 2325 2268 2135 KOREA................... 165.0 636.1 1182 2826 4656 5020 5616 6901 7373 7004 7311 8116 9005 9715 TAIWAN.................. 16.39 40.95 61.38 100.5 129.8 138.2 145.7 148.8 153.5 160.2 156.0 159.0 163.6 159.8 BELGIUM................. 239.6 395.4 554.3 630.8 728.7 772.8 .. .. .. .. .. .. .. .. DENMARK................. 33.71 58.18 84.52 107.0 120.8 .. .. .. .. .. .. .. .. .. FINLAND................. 16.72 29.49 47.37 75.02 87.36 #91.31 #98.19 102.0 100.8 106.9 #18.18 18.89 19.66 .. FRANCE.................. 18.87 36.95 66.65 82.73 92.35 93.80 94.75 95.81 98.83 101.4 #15.83 16.52 17.42 18.02 GERMANY, FORMER WEST.... 14.95 21.39 26.22 32.81 38.34 39.38 40.98 42.52 43.26 43.41 #22.51 23.49 23.97 24.57 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 41.53 #21.54 22.48 22.95 23.48 GREECE.................. 55.80 169.0 536.2 1118 1647 1853 2088 2286 2437 2565 .. .. .. .. ITALY................... 3001 7012 14754 21016 25051 25669 26827 27744 29045 28856 #15.14 15.47 15.74 16.24 NETHERLANDS............. 16.08 22.47 26.47 30.51 34.23 .. .. .. .. .. .. .. .. .. SPAIN (4)............... .. .. .. 1145 1459 1532 1587 1565 1647 1710 #10.65 11.26 12.05 12.54 SWEDEN.................. 29.43 51.52 79.66 120.3 132.1 #138.7 147.4 155.7 159.3 163.8 #167.7 172.5 177.7 182.9 UNITED KINGDOM.......... 1.41 3.00 4.42 6.42 7.44 7.76 8.11 8.63 8.88 9.69 9.89 10.06 10.43 10.62 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Generally includes metal furniture except for the United States, Canada, Japan & Taiwan, which include metal furniture in furniture & fixtures manufacturing (US SIC 25). (2) Hong Kong special administrative region of China. (3) Hardware, metal wristwatch bands, and metal products NEC. (4) Including foundry products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 98 INDUSTRIAL AND COMMERCIAL MACHINERY AND EQUIPMENT (US SIC 35) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 42 40 37 17 22 18 .. CANADA.................. .. .. 78 104 97 92 93 95 92 86 84 85 85 84 MEXICO.................. .. .. 11 10 15 15 9 8 8 8 9 10 12 11 ISRAEL.................. 35 41 32 62 59 64 71 69 71 67 64 66 66 56 JAPAN................... 49 60 52 92 122 133 149 126 112 103 116 119 100 90 KOREA................... 5 12 11 28 34 38 43 45 41 28 34 39 36 37 TAIWAN.................. 7 12 12 26 30 31 34 33 31 27 27 28 26 24 BELGIUM................. 98 129 67 127 128 137 .. .. .. .. .. .. .. .. DENMARK................. 88 97 56 108 106 .. .. .. .. .. .. .. .. .. FINLAND................. 72 78 59 134 94 #110 #139 133 112 110 104 90 87 .. FRANCE.................. 68 87 56 100 98 100 111 107 93 92 87 77 75 79 GERMANY, FORMER WEST.... 96 121 71 141 146 151 178 173 147 142 135 117 112 117 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 139 131 114 109 113 GREECE.................. 24 34 26 46 45 47 53 52 48 45 .. .. .. .. IRELAND................. 40 51 41 70 65 67 75 75 70 67 64 57 58 62 ITALY................... 69 79 57 113 93 92 94 100 91 86 81 69 66 69 NETHERLANDS............. 93 109 59 105 108 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 74 71 72 81 81 77 67 64 58 55 60 SWEDEN.................. 101 114 67 128 98 #101 114 126 110 107 102 92 81 85 UNITED KINGDOM.......... 49 73 46 83 74 76 80 81 85 90 89 84 78 81 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 99 INDUSTRIAL AND COMMERCIAL MACHINERY AND EQUIPMENT (US SIC 35) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 7.02 10.77 14.06 16.07 17.71 17.93 18.15 18.65 19.39 19.93 20.58 21.35 22.13 22.98 BRAZIL.................. .. .. .. .. .. .. .. 7.76 7.68 7.32 3.52 4.79 4.01 .. CANADA.................. .. .. 10.98 16.65 17.15 16.45 16.97 17.66 17.77 17.13 17.27 18.05 18.79 19.21 MEXICO.................. .. .. 1.61 1.53 2.69 2.67 1.67 1.56 1.61 1.61 1.92 2.21 2.61 2.58 ISRAEL.................. 2.45 4.38 4.57 9.97 10.42 11.47 12.85 12.94 13.68 13.43 13.17 14.07 14.66 12.94 JAPAN................... 3.46 6.44 7.34 14.80 21.69 23.83 26.99 23.41 21.73 20.45 23.77 25.44 22.23 20.59 KOREA................... 0.36 1.26 1.53 4.45 6.10 6.82 7.86 8.40 7.87 5.60 6.96 8.31 7.99 8.56 TAIWAN.................. 0.51 1.31 1.72 4.19 5.34 5.63 6.13 6.09 5.95 5.37 5.60 6.05 5.79 5.53 BELGIUM................. 6.89 13.85 9.39 20.42 22.59 24.49 .. .. .. .. .. .. .. .. DENMARK................. 6.16 10.43 7.82 17.33 18.75 .. .. .. .. .. .. .. .. .. FINLAND................. 5.07 8.45 8.35 21.56 16.73 #19.75 #25.19 24.82 21.70 21.94 21.45 19.22 19.23 .. FRANCE.................. 4.78 9.41 7.85 16.08 17.29 18.00 20.19 19.93 17.96 18.26 17.97 16.39 16.64 18.22 GERMANY, FORMER WEST.... 6.74 13.00 9.96 22.69 25.87 27.07 32.27 32.31 28.55 28.30 27.68 24.99 24.81 26.79 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 27.63 27.05 24.26 24.07 25.96 GREECE.................. 1.71 3.71 3.61 7.40 7.90 8.47 9.65 9.73 9.30 8.98 .. .. .. .. IRELAND................. 2.78 5.51 5.74 11.33 11.57 11.99 13.60 13.98 13.51 13.36 13.23 12.13 12.85 14.32 ITALY................... 4.85 8.48 7.98 18.20 16.54 16.55 17.11 18.65 17.68 17.18 16.68 14.77 14.58 15.88 NETHERLANDS............. 6.52 11.70 8.27 16.87 19.12 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 11.93 12.66 12.89 14.72 15.15 15.03 13.39 13.14 12.29 12.25 13.81 SWEDEN.................. 7.07 12.25 9.43 20.55 17.35 #18.13 20.71 23.48 21.41 21.33 20.93 19.61 17.86 19.61 UNITED KINGDOM.......... 3.45 7.82 6.51 13.34 13.15 13.66 14.60 15.02 16.48 18.00 18.21 17.86 17.34 18.59 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 100 INDUSTRIAL AND COMMERCIAL MACHINERY AND EQUIPMENT (US SIC 35) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 7.02 10.77 14.06 16.07 17.71 17.93 18.15 18.65 19.39 19.93 20.58 21.35 22.13 22.98 BRAZIL.................. .. .. .. .. .. .. .. 7.80 8.28 8.50 6.42 8.77 9.44 .. CANADA.................. .. .. 14.99 19.43 22.12 22.47 23.29 24.09 24.61 25.42 25.67 26.82 29.11 30.16 MEXICO.................. .. .. 413.2 4311 #8.38 9.03 10.71 11.88 12.73 14.77 18.36 20.88 24.38 24.89 ISRAEL.................. 1.57 22.46 #5.39 20.09 29.50 34.54 38.69 41.31 47.18 51.04 54.53 57.36 61.68 61.30 JAPAN................... 1026 1453 1751 2146 2410 2435 2536 2547 2631 2679 2702 2742 2703 2578 KOREA................... 173.2 765.8 1328 3150 4896 5479 6065 6756 7483 7844 8285 9395 10318 10703 TAIWAN.................. 19.42 47.15 68.47 112.9 141.1 149.1 162.6 167.3 171.3 180.2 181.0 189.1 195.7 190.9 BELGIUM................. 253.0 404.5 557.0 682.6 781.3 818.6 .. .. .. .. .. .. .. .. DENMARK................. 35.34 58.73 82.89 107.3 121.6 .. .. .. .. .. .. .. .. .. FINLAND................. 18.59 31.43 51.77 82.56 95.77 #103.3 #110.3 114.1 112.7 117.3 #20.14 20.82 21.48 .. FRANCE.................. 20.46 39.73 70.53 87.60 97.97 99.80 100.7 102.0 104.9 107.7 #16.87 17.75 18.59 19.27 GERMANY, FORMER WEST.... 16.54 23.59 29.30 36.69 42.81 43.91 46.21 48.63 49.53 49.81 #25.98 27.07 27.72 28.33 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 48.64 #25.39 26.28 26.88 27.46 GREECE.................. 55.30 158.0 499.2 1173 1812 2054 2236 2343 2539 2654 .. .. .. .. IRELAND................. 1.25 2.68 5.38 6.83 7.90 8.01 8.48 8.74 8.91 9.37 #12.42 13.13 14.35 15.15 ITALY................... 3161 7252 15225 21809 26017 26669 27868 28779 30129 29837 #15.66 16.00 16.29 16.80 NETHERLANDS............. 16.44 23.23 27.46 30.74 35.53 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 1217 1613 1726 1835 1919 2201 2000 #12.34 13.31 13.69 14.61 SWEDEN.................. 29.29 51.79 81.15 121.7 135.3 #139.9 147.9 157.5 163.7 169.6 #173.2 179.9 184.6 190.6 UNITED KINGDOM.......... 1.55 3.36 5.02 7.48 8.76 8.92 9.25 9.62 10.06 10.86 11.26 11.79 12.04 12.38 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 101 ELECTRONIC AND OTHER ELECTRICAL EQUIPMENT (US SIC 36) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... .. .. .. 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 47 43 41 25 27 21 .. CANADA.................. .. .. .. 109 103 96 94 92 90 83 78 79 75 72 MEXICO.................. .. .. .. 9 13 13 8 8 9 9 10 11 12 12 HONG KONG SAR (1,2)..... .. .. .. 20 29 31 31 33 35 34 33 32 31 31 ISRAEL.................. .. .. .. 83 78 80 88 94 95 92 93 96 97 85 JAPAN................... .. .. .. 82 111 124 141 121 108 99 116 120 102 92 KOREA................... .. .. .. 24 32 36 43 45 41 28 33 35 32 39 TAIWAN.................. .. .. .. 24 30 32 34 33 31 27 29 30 27 25 AUSTRIA................. .. .. .. 122 129 134 154 146 124 120 116 98 92 96 BELGIUM................. .. .. .. 136 138 148 .. .. .. .. .. .. .. .. DENMARK................. .. .. .. 116 111 .. .. .. .. .. .. .. .. .. FINLAND................. .. .. .. 129 87 #99 #126 121 101 106 102 90 87 .. FRANCE.................. .. .. .. 108 104 105 116 110 95 93 90 79 76 80 GERMANY, FORMER WEST.... .. .. .. 143 153 157 183 176 148 142 137 120 113 118 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 137 132 116 109 114 GREECE.................. .. .. .. 48 47 49 57 58 53 49 .. .. .. .. ITALY................... .. .. .. 124 102 101 103 109 98 94 90 77 72 75 NETHERLANDS............. .. .. .. 114 115 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 82 76 73 80 81 68 63 65 55 52 55 SWEDEN.................. .. .. .. 137 107 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... .. .. .. 83 74 76 79 78 80 84 85 80 74 77 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Electrical appliances and electonic products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 102 ELECTRONIC AND OTHER ELECTRICAL EQUIPMENT (US SIC 36) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... .. .. .. 14.31 15.89 16.19 16.35 16.91 17.74 18.33 18.61 19.21 20.36 21.12 BRAZIL.................. .. .. .. .. .. .. .. 7.90 7.71 7.57 4.63 5.17 4.37 .. CANADA.................. .. .. 10.54 15.66 16.44 15.56 15.33 15.63 16.01 15.19 14.47 15.19 15.29 15.28 MEXICO.................. .. .. 1.42 1.34 2.11 2.03 1.35 1.35 1.52 1.60 1.78 2.03 2.37 2.45 HONG KONG SAR (1,2)..... 0.64 1.32 1.58 2.81 4.57 5.02 5.04 5.61 6.18 6.16 6.21 6.20 6.25 6.55 ISRAEL.................. 2.25 4.59 5.58 11.90 12.46 12.92 14.46 15.86 16.77 16.80 17.25 18.35 19.82 17.90 JAPAN................... 2.82 5.08 5.67 11.80 17.62 20.02 22.98 20.41 19.23 18.21 21.64 23.08 20.82 19.49 KOREA................... 0.33 0.91 1.26 3.50 5.11 5.91 6.99 7.64 7.34 5.12 6.13 6.76 6.44 8.18 TAIWAN.................. 0.41 0.99 1.38 3.50 4.71 5.12 5.49 5.62 5.57 5.02 5.40 5.80 5.56 5.33 AUSTRIA................. 4.19 8.61 7.25 17.46 20.51 21.67 25.19 24.73 21.98 22.07 21.60 18.82 18.66 20.25 BELGIUM................. 6.69 13.86 9.32 19.41 21.91 24.02 .. .. .. .. .. .. .. .. DENMARK................. 5.93 10.20 7.55 16.60 17.71 .. .. .. .. .. .. .. .. .. FINLAND................. 4.15 7.20 6.93 18.50 13.87 #16.08 #20.56 20.39 17.92 19.48 19.00 17.31 17.79 .. FRANCE.................. 4.31 8.82 7.55 15.41 16.52 17.07 19.00 18.63 16.77 17.07 16.79 15.22 15.49 16.92 GERMANY, FORMER WEST.... 5.78 11.30 8.84 20.53 24.32 25.44 29.85 29.72 26.26 25.97 25.42 23.12 22.94 24.95 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 25.04 24.51 22.28 22.10 23.99 GREECE.................. 1.65 3.72 3.56 6.87 7.51 8.01 9.30 9.86 9.33 9.02 .. .. .. .. ITALY................... 4.74 7.88 7.59 17.79 16.26 16.29 16.84 18.41 17.47 17.17 16.67 14.76 14.57 15.86 NETHERLANDS............. 6.31 12.16 8.33 16.38 18.23 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 11.79 12.11 11.89 13.16 13.61 12.05 11.52 12.05 10.47 10.53 11.51 SWEDEN.................. 6.84 11.91 9.27 19.59 16.95 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.17 7.43 5.99 11.88 11.76 12.26 12.87 13.12 14.23 15.47 15.86 15.34 15.07 16.26 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Electrical appliances and electonic products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 103 ELECTRONIC AND OTHER ELECTRICAL EQUIPMENT (US SIC 36) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... .. .. .. 14.31 15.89 16.19 16.35 16.91 17.74 18.33 18.61 19.21 20.36 21.12 BRAZIL.................. .. .. .. .. .. .. .. 7.94 8.31 8.79 8.43 9.46 10.29 .. CANADA.................. .. .. 14.40 18.27 21.21 21.26 21.05 21.33 22.17 22.54 21.51 22.57 23.69 24.00 MEXICO.................. .. .. 364.8 3758 #6.58 6.86 8.66 10.26 12.07 14.62 16.98 19.16 22.15 23.67 HONG KONG SAR (1,2)..... 3.16 6.55 12.33 21.85 35.36 38.83 38.99 43.41 47.82 47.69 48.19 48.33 48.79 51.09 ISRAEL.................. 1.44 23.50 #6.58 23.98 35.27 38.89 43.55 50.63 57.83 63.85 71.40 74.82 83.38 84.81 JAPAN................... 837.8 1146 1352 1711 1958 2046 2159 2220 2329 2386 2460 2488 2532 2440 KOREA................... 161.8 553.2 1094 2480 4102 4746 5394 6149 6983 7163 7298 7641 8322 10225 TAIWAN.................. 15.48 35.66 55.15 94.34 124.5 135.6 145.4 154.3 160.3 168.4 174.4 181.3 187.9 184.1 AUSTRIA................. 72.84 111.3 149.8 197.8 238.7 247.3 253.9 261.9 268.4 273.2 #20.27 20.39 20.84 21.42 BELGIUM................. 245.5 404.8 552.9 648.6 757.6 802.9 .. .. .. .. .. .. .. .. DENMARK................. 34.03 57.42 80.08 102.7 114.9 .. .. .. .. .. .. .. .. .. FINLAND................. 15.22 26.78 42.92 70.84 79.39 #84.18 #89.99 93.70 93.11 104.1 #17.83 18.75 19.87 .. FRANCE.................. 18.44 37.20 67.82 83.96 93.65 94.66 94.72 95.31 97.94 100.7 #15.76 16.49 17.30 17.90 GERMANY, FORMER WEST.... 14.20 20.50 26.02 33.19 40.25 41.27 42.74 44.73 45.56 45.71 #23.86 25.04 25.63 26.39 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 44.07 #23.01 24.13 24.69 25.38 GREECE.................. 53.38 158.6 491.3 1089 1723 1942 2155 2373 2548 2665 .. .. .. .. ITALY................... 3095 6736 14493 21314 25581 26239 27431 28401 29776 29818 #15.65 15.99 16.27 16.77 NETHERLANDS............. 15.92 24.14 27.63 29.84 33.86 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 1203 1544 1592 1640 1725 1766 1721 #11.31 11.35 11.77 12.18 SWEDEN.................. 28.35 50.36 79.79 116.0 132.2 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.43 3.19 4.61 6.66 7.83 8.01 8.15 8.40 8.69 9.33 9.81 10.12 10.47 10.83 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Electrical appliances and electonic products. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 104 ELECTRONIC EQUIPMENT MANUFACTURING (US SIC 365-367) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... .. .. .. 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 47 46 47 29 35 27 .. MEXICO.................. .. .. .. .. 13 12 8 8 9 8 9 10 11 11 HONG KONG SAR (1,2)..... .. .. .. 20 30 33 33 35 37 35 34 33 31 31 JAPAN (3)............... .. .. .. 81 108 122 141 121 109 99 117 121 102 90 KOREA................... .. .. .. 25 .. .. .. .. .. .. .. .. .. .. TAIWAN (4).............. .. .. .. 24 29 30 33 33 31 26 28 29 27 25 IRELAND................. .. .. .. .. .. .. 75 77 73 68 67 56 50 58 SPAIN................... .. .. .. 91 82 79 89 83 69 64 58 54 50 48 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Including electronic office equipment and computers. (3) Breaks in series at 1990 and 1991. (4) Including electronic office equipment & computers. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 105 ELECTRONIC EQUIPMENT MANUFACTURING (US SIC 365-367) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... .. .. .. 14.03 15.80 16.01 15.96 16.53 17.47 18.35 18.77 19.45 20.79 21.66 BRAZIL.................. .. .. .. .. .. .. .. 7.69 8.07 8.60 5.47 6.79 5.54 .. MEXICO.................. .. .. .. .. 1.99 1.99 1.28 1.31 1.51 1.56 1.75 1.98 2.31 2.42 HONG KONG SAR (1,2)..... 0.62 1.28 1.59 2.83 4.71 5.20 5.20 5.85 6.42 6.37 6.42 6.38 6.41 6.71 JAPAN (3)............... 2.55 4.68 5.24 11.31 17.14 19.52 22.55 19.92 19.01 18.09 21.92 23.49 21.20 19.44 KOREA................... .. 0.85 1.20 3.50 .. .. .. .. .. .. .. .. .. .. TAIWAN (4).............. 0.44 0.95 1.34 3.36 4.53 4.88 5.26 5.41 5.39 4.86 5.27 5.71 5.52 5.34 IRELAND................. .. .. .. .. .. .. 11.96 12.78 12.69 12.54 12.62 10.80 10.44 12.46 SPAIN................... .. .. .. 12.74 12.96 12.59 14.13 13.77 12.04 11.66 10.97 10.41 10.34 10.47 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Including electronic office equipment and computers. (3) Breaks in series at 1990 and 1991. (4) Including electronic office equipment & computers. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 106 ELECTRONIC EQUIPMENT MANUFACTURING (US SIC 365-367) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... .. .. .. 14.03 15.80 16.01 15.96 16.53 17.47 18.35 18.77 19.45 20.79 21.66 BRAZIL.................. .. .. .. .. .. .. .. 7.73 8.69 9.99 9.96 12.43 13.03 .. MEXICO.................. .. .. .. .. #6.19 6.70 8.24 9.95 11.92 14.26 16.72 18.72 21.57 23.42 HONG KONG SAR (1,2)..... 3.06 6.36 12.39 22.04 36.42 40.22 40.22 45.26 49.74 49.38 49.82 49.73 49.99 52.35 JAPAN (3)............... 757.1 1056 1249 1639 1904 1995 2119 2167 2302 2369 2492 2532 2578 2434 KOREA................... .. 513.8 1042 2479 .. .. .. .. .. .. .. .. .. .. TAIWAN (4).............. 16.82 34.26 53.48 90.32 119.7 129.1 139.5 148.6 155.1 163.1 170.4 178.5 186.6 184.5 IRELAND................. .. .. .. .. .. .. 7.46 7.99 8.37 8.80 #11.85 11.70 11.66 13.18 SPAIN................... .. .. .. 1300 1652 1686 1761 1745 1763 1742 #10.30 11.28 11.55 11.07 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Including electronic office equipment and computers. (3) Breaks in series at 1990 and 1991. (4) Including electronic office equipment & computers. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 107 HOUSEHOLD AUDIO AND VIDEO EQUIPMENT (US SIC 365) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 MEXICO.................. .. .. .. .. 15 14 9 9 10 9 10 12 14 14 JAPAN (1)............... 47 56 40 83 116 128 154 144 128 112 125 126 111 104 KOREA................... 5 9 9 25 .. .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. Includes communication (transmitting) equipment (US SIC 366). SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 108 HOUSEHOLD AUDIO AND VIDEO EQUIPMENT (US SIC 365) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.57 8.76 13.15 13.77 15.68 16.14 15.19 14.58 15.38 16.58 17.04 17.91 18.29 19.28 MEXICO.................. .. .. .. .. 2.38 2.19 1.38 1.36 1.55 1.53 1.75 2.11 2.51 2.73 JAPAN (1)............... 2.63 4.94 5.30 11.46 18.19 20.61 23.43 21.06 19.63 18.59 21.38 22.56 20.33 20.07 KOREA................... 0.29 0.81 1.13 3.45 .. .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. Includes communication (transmitting) equipment (US SIC 366). SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 109 HOUSEHOLD AUDIO AND VIDEO EQUIPMENT (US SIC 365) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.57 8.76 13.15 13.77 15.68 16.14 15.19 14.58 15.38 16.58 17.04 17.91 18.29 19.28 MEXICO.................. .. .. .. .. #7.41 7.38 8.85 10.31 12.30 13.99 16.69 19.93 23.44 26.41 JAPAN (1)............... 778.8 1115 1264 1662 2021 2106 2201 2291 2377 2435 2431 2432 2472 2513 KOREA................... 141.3 490.6 980.8 2441 .. .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. Includes communication (transmitting) equipment (US SIC 366). SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 110 ELECTRONIC COMPONENTS AND ACCESSORIES (US SIC 367) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 JAPAN (1)............... 49 56 46 82 127 150 170 147 131 116 126 135 109 103 KOREA................... .. 10 11 27 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 8 11 12 25 30 32 35 35 33 27 29 30 27 25 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 111 ELECTRONIC COMPONENTS AND ACCESSORIES (US SIC 367) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.06 8.04 11.32 13.62 15.62 15.60 15.79 16.43 17.22 18.26 18.84 19.55 21.17 22.16 JAPAN (1)............... 2.46 4.47 5.19 11.22 19.86 23.46 26.90 24.21 22.50 21.23 23.73 26.31 23.00 22.73 KOREA................... .. 0.81 1.26 3.68 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.42 0.92 1.38 3.44 4.68 5.05 5.54 5.69 5.70 5.01 5.39 5.88 5.74 5.54 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 112 ELECTRONIC COMPONENTS AND ACCESSORIES (US SIC 367) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 5.06 8.04 11.32 13.62 15.62 15.60 15.79 16.43 17.22 18.26 18.84 19.55 21.17 22.16 JAPAN (1)............... 730.9 1009 1238 1627 2207 2398 2528 2634 2725 2781 2698 2837 2797 2846 KOREA................... .. 489.4 1094 2607 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 16.15 33.27 55.09 92.61 123.8 133.6 146.9 156.4 164.1 168.0 174.2 183.7 194.2 191.3 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 113 TRANSPORTATION EQUIPMENT MANUFACTURING (US SIC 37) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 40 40 41 26 27 21 .. CANADA.................. .. .. 69 89 83 79 80 79 76 77 75 72 68 66 MEXICO.................. .. .. 13 12 16 16 10 9 11 12 13 15 17 17 AUSTRALIA............... 67 61 45 62 51 56 .. .. .. .. .. .. .. .. ISRAEL.................. 33 41 36 65 61 53 60 64 67 67 66 70 64 56 JAPAN................... 43 49 44 75 100 106 117 101 93 89 102 103 86 81 KOREA................... 5 10 10 27 32 35 42 48 39 31 40 43 36 45 TAIWAN.................. 6 10 11 26 29 28 29 28 28 26 27 26 25 21 BELGIUM................. 86 105 54 102 104 108 .. .. .. .. .. .. .. .. DENMARK................. 80 83 45 91 87 .. .. .. .. .. .. .. .. .. FINLAND................. 61 63 49 104 74 #80 #104 98 82 87 85 70 65 .. FRANCE.................. 60 74 46 81 74 75 84 81 71 74 72 65 63 65 GERMANY, FORMER WEST.... 86 107 63 128 131 136 159 153 133 138 134 117 109 110 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 134 130 113 106 107 GREECE.................. 25 35 25 43 36 39 47 49 47 48 .. .. .. .. IRELAND................. 43 53 36 64 55 54 58 58 57 57 58 51 51 56 ITALY................... 60 63 45 88 68 66 68 73 67 68 65 56 52 54 NETHERLANDS............. 80 86 46 83 79 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 72 67 62 68 66 57 56 59 51 47 50 SWEDEN.................. 89 93 55 102 74 #75 89 97 89 91 88 79 68 72 UNITED KINGDOM.......... 47 60 39 72 63 63 67 66 72 80 80 74 69 72 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 114 TRANSPORTATION EQUIPMENT MANUFACTURING (US SIC 37) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 8.58 13.82 18.30 20.78 23.95 24.88 24.93 25.48 26.20 25.44 25.74 26.75 28.32 29.68 BRAZIL.................. .. .. .. .. .. .. .. 10.07 10.50 10.34 6.60 7.13 5.82 .. CANADA.................. .. .. 12.60 18.56 19.93 19.68 20.01 20.02 19.95 19.58 19.18 19.26 19.12 19.45 MEXICO.................. .. .. 2.31 2.44 3.83 3.92 2.46 2.42 2.84 2.93 3.35 4.06 4.89 4.99 AUSTRALIA............... 5.79 8.42 8.24 12.93 12.22 14.02 .. .. .. .. .. .. .. .. ISRAEL.................. 2.83 5.63 6.67 13.42 14.52 13.29 14.85 16.39 17.53 17.07 16.98 18.60 18.18 16.63 JAPAN................... 3.66 6.82 8.06 15.60 23.90 26.36 29.18 25.79 24.45 22.71 26.19 27.43 24.38 24.05 KOREA................... 0.46 1.38 1.92 5.64 7.58 8.74 10.50 12.15 10.33 8.00 10.22 11.37 10.11 13.45 TAIWAN.................. 0.53 1.39 1.94 5.30 6.90 7.00 7.25 7.21 7.38 6.59 6.84 7.08 7.03 6.24 BELGIUM................. 7.37 14.51 9.92 21.13 24.81 26.82 .. .. .. .. .. .. .. .. DENMARK................. 6.90 11.45 8.26 18.94 20.74 .. .. .. .. .. .. .. .. .. FINLAND................. 5.23 8.72 9.01 21.67 17.69 #19.91 #25.84 24.90 21.52 22.06 21.81 18.78 18.53 .. FRANCE.................. 5.12 10.16 8.49 16.79 17.82 18.55 20.82 20.56 18.55 18.79 18.58 17.40 17.71 19.31 GERMANY, FORMER WEST.... 7.36 14.78 11.58 26.62 31.45 33.92 39.64 39.01 34.86 35.05 34.51 31.26 30.81 32.55 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 34.08 33.54 30.36 29.93 31.66 GREECE.................. 2.13 4.87 4.58 8.99 8.58 9.70 11.83 12.50 12.32 12.12 .. .. .. .. IRELAND................. 3.68 7.27 6.50 13.21 13.06 13.44 14.47 14.85 14.82 14.52 14.89 13.52 14.46 16.50 ITALY................... 5.17 8.66 8.26 18.23 16.32 16.35 16.90 18.49 17.57 17.29 16.80 14.87 14.67 15.97 NETHERLANDS............. 6.86 11.91 8.42 17.33 19.04 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 15.02 15.94 15.44 16.89 16.91 15.06 14.32 15.13 13.72 13.19 14.78 SWEDEN.................. 7.66 12.83 10.10 21.15 17.61 #18.73 22.18 24.83 23.25 23.18 22.58 21.18 19.18 21.35 UNITED KINGDOM.......... 4.02 8.35 7.14 14.95 15.10 15.78 16.68 16.90 18.94 20.34 20.69 19.92 19.67 21.29 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 115 TRANSPORTATION EQUIPMENT MANUFACTURING (US SIC 37) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 8.58 13.82 18.30 20.78 23.95 24.88 24.93 25.48 26.20 25.44 25.74 26.75 28.32 29.68 BRAZIL.................. .. .. .. .. .. .. .. 10.12 11.32 12.00 12.03 13.06 13.69 .. CANADA.................. .. .. 17.21 21.66 25.71 26.89 27.47 27.30 27.64 29.05 28.51 28.62 29.62 30.54 MEXICO.................. .. .. 594.5 6854 #11.94 13.22 15.81 18.39 22.47 26.85 31.98 38.44 45.64 48.23 AUSTRALIA............... 4.42 7.39 11.77 16.56 17.98 19.17 .. .. .. .. .. .. .. .. ISRAEL.................. 1.81 28.86 #7.87 27.06 41.10 40.03 44.72 52.33 60.48 64.88 70.28 75.85 76.45 78.81 JAPAN................... 1085 1539 1923 2263 2655 2694 2742 2805 2960 2974 2977 2957 2965 3012 KOREA................... 224.5 840.3 1670 3993 6088 7024 8096 9771 9819 11204 12161 12862 13066 16813 TAIWAN.................. 20.18 49.96 77.21 142.8 182.4 185.4 192.2 198.1 212.3 221.2 220.9 221.4 237.7 215.5 BELGIUM................. 270.3 423.8 588.7 706.0 858.0 896.7 .. .. .. .. .. .. .. .. DENMARK................. 39.58 64.43 87.51 117.2 134.5 .. .. .. .. .. .. .. .. .. FINLAND................. 19.18 32.43 55.83 83.01 101.3 #104.2 #113.1 114.4 111.8 117.9 #20.47 20.34 20.70 .. FRANCE.................. 21.94 42.89 76.22 91.43 101.0 102.9 103.8 105.2 108.3 110.9 #17.44 18.85 19.78 20.43 GERMANY, FORMER WEST.... 18.07 26.82 34.07 43.04 52.06 55.01 56.77 58.71 60.48 61.69 #32.40 33.86 34.41 34.43 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 59.98 #31.48 32.88 33.43 33.49 GREECE.................. 68.64 207.5 632.7 1425 1966 2352 2740 3008 3364 3580 .. .. .. .. IRELAND................. 1.65 3.53 6.09 7.97 8.91 8.98 9.02 9.29 9.77 10.19 #13.97 14.64 16.15 17.45 ITALY................... 3373 7403 15773 21840 25668 26348 27536 28536 29940 30040 #15.77 16.10 16.39 16.89 NETHERLANDS............. 17.32 23.64 27.94 31.58 35.38 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 1532 2032 2067 2105 2143 2207 2140 #14.20 14.86 14.74 15.64 SWEDEN.................. 31.71 54.24 86.90 125.3 137.3 #144.5 158.4 166.5 177.8 184.3 #186.9 194.3 198.3 207.5 UNITED KINGDOM.......... 1.81 3.59 5.50 8.38 10.06 10.30 10.57 10.83 11.56 12.27 12.80 13.14 13.66 14.18 ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 116 MOTOR VEHICLES AND EQUIPMENT MANUFACTURING (US SIC 371) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 57 57 64 43 41 33 .. CANADA.................. .. .. 66 85 82 78 78 77 74 78 75 .. .. .. MEXICO.................. .. .. 12 11 16 15 10 9 10 11 13 15 17 16 JAPAN (1)............... 37 44 41 70 94 99 110 95 88 87 99 99 83 77 KOREA................... 4 7 8 24 29 33 41 46 36 30 40 42 37 43 TAIWAN.................. 7 10 9 21 26 25 26 25 25 25 26 25 23 21 BELGIUM................. 75 89 50 95 99 102 .. .. .. .. .. .. .. .. DENMARK................. 60 63 38 76 72 .. .. .. .. .. .. .. .. .. FRANCE.................. 53 63 42 73 68 67 75 72 63 68 66 59 57 58 GERMANY, FORMER WEST.... 80 94 59 120 126 131 154 148 128 137 133 115 106 106 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 134 131 113 104 104 IRELAND................. 35 41 28 51 41 40 46 45 44 46 50 44 45 44 ITALY................... 54 53 42 81 65 63 65 69 64 67 64 54 50 51 NETHERLANDS............. 70 73 42 72 72 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 68 64 58 63 61 53 53 57 50 45 47 SWEDEN.................. 78 80 51 94 69 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 43 53 36 66 60 60 63 62 67 76 76 69 65 67 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Including motorcycle manufacturing. Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 117 MOTOR VEHICLES AND EQUIPMENT MANUFACTURING (US SIC 371) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 9.55 15.96 19.71 22.48 25.52 26.64 26.55 27.23 28.00 26.44 26.73 27.99 29.84 31.67 BRAZIL.................. .. .. .. .. .. .. .. 15.43 15.86 16.83 11.50 11.51 9.85 .. CANADA.................. .. .. 12.98 19.20 20.83 20.65 20.81 21.02 20.86 20.50 19.94 .. .. .. MEXICO.................. .. .. 2.33 2.50 3.98 4.09 2.56 2.51 2.93 3.02 3.45 4.18 5.04 5.12 JAPAN (1)............... 3.56 6.97 8.09 15.68 23.93 26.35 29.12 25.83 24.52 22.89 26.38 27.77 24.77 24.37 KOREA................... 0.41 1.15 1.62 5.48 7.37 8.83 10.85 12.46 10.02 8.06 10.63 11.75 10.95 13.62 TAIWAN.................. 0.63 1.63 1.84 4.74 6.66 6.73 6.98 6.76 7.09 6.58 7.03 7.06 6.82 6.53 BELGIUM................. 7.16 14.27 9.87 21.30 25.20 27.16 .. .. .. .. .. .. .. .. DENMARK................. 5.78 9.98 7.54 16.99 18.37 .. .. .. .. .. .. .. .. .. FRANCE.................. 5.10 9.98 8.31 16.37 17.36 17.97 20.04 19.67 17.75 17.97 17.77 16.65 16.95 18.49 GERMANY, FORMER WEST.... 7.62 15.03 11.70 26.98 32.10 34.90 40.83 40.28 35.94 36.11 35.58 32.26 31.73 33.42 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 35.47 34.92 31.63 31.11 32.81 IRELAND................. 3.30 6.51 5.56 11.55 10.45 10.76 12.14 12.35 12.31 12.18 13.42 12.39 13.30 13.97 ITALY................... 5.16 8.54 8.19 18.29 16.63 16.67 17.22 18.82 17.88 17.60 17.09 15.12 14.92 16.24 NETHERLANDS............. 6.72 11.64 8.21 16.29 18.28 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 15.26 16.22 15.39 16.78 16.70 14.92 14.14 15.16 13.92 13.31 14.83 SWEDEN.................. 7.44 12.70 10.14 21.13 17.61 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 4.13 8.50 7.18 14.93 15.21 16.00 16.78 16.94 18.77 20.12 20.32 19.45 19.32 21.15 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Including motorcycle manufacturing. Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 118 MOTOR VEHICLES AND EQUIPMENT MANUFACTURING (US SIC 371) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 9.55 15.96 19.71 22.48 25.52 26.64 26.55 27.23 28.00 26.44 26.73 27.99 29.84 31.67 BRAZIL.................. .. .. .. .. .. .. .. 15.50 17.10 19.53 20.94 21.07 23.17 .. CANADA.................. .. .. 17.73 22.41 26.87 28.20 28.57 28.67 28.88 30.42 29.62 .. .. .. MEXICO.................. .. .. 599.5 7044 #12.39 13.79 16.41 19.08 23.22 27.67 32.99 39.58 47.07 49.51 JAPAN (1)............... 1055 1572 1929 2273 2659 2693 2736 2811 2969 2999 3000 2993 3012 3052 KOREA................... 200.8 697.5 1408 3879 5913 7096 8367 10027 9528 11280 12648 13284 14146 17020 TAIWAN.................. 23.95 58.62 73.37 127.5 175.9 178.2 184.9 185.6 204.1 220.8 227.1 220.8 230.8 225.4 BELGIUM................. 262.8 416.8 585.7 711.9 871.5 907.8 .. .. .. .. .. .. .. .. DENMARK................. 33.14 56.19 79.97 105.2 119.1 .. .. .. .. .. .. .. .. .. FRANCE.................. 21.83 42.11 74.58 89.18 98.39 99.65 99.92 100.6 103.6 106.0 #16.68 18.03 18.94 19.56 GERMANY, FORMER WEST.... 18.72 27.28 34.42 43.62 53.13 56.61 58.47 60.63 62.36 63.55 #33.40 34.94 35.44 35.35 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 62.43 #32.78 34.26 34.75 34.70 IRELAND................. 1.48 3.16 5.21 6.97 7.14 7.19 7.57 7.72 8.12 8.55 #12.60 13.42 14.86 14.78 ITALY................... 3367 7300 15641 21908 26161 26849 28046 29042 30465 30564 #16.04 16.38 16.67 17.18 NETHERLANDS............. 16.95 23.11 27.24 29.68 33.97 .. .. .. .. .. .. .. .. .. SPAIN................... .. .. .. 1557 2068 2061 2090 2116 2186 2113 #14.23 15.08 14.87 15.69 SWEDEN.................. 30.82 53.69 87.21 125.2 137.3 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.86 3.66 5.53 8.37 10.13 10.44 10.63 10.86 11.46 12.14 12.57 12.83 13.42 14.08 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Including motorcycle manufacturing. Breaks in series at 1990 and 1991. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 119 AIRCRAFT, SPACE VEHICLES, AND PARTS MANUFACTURING (US SIC 372 & 376) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 48 60 56 35 37 29 .. CANADA.................. .. .. 70 86 77 73 75 72 72 68 68 65 61 58 TAIWAN.................. 6 10 22 47 51 48 49 45 43 40 42 39 36 30 FRANCE.................. 72 95 58 98 88 91 103 98 86 87 86 77 74 78 GERMANY, FORMER WEST.... 87 111 65 123 116 119 144 139 120 121 116 100 95 99 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 120 115 99 94 97 ITALY................... 63 70 45 83 59 58 60 64 60 59 57 48 45 47 UNITED KINGDOM.......... 46 70 42 73 63 63 68 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 120 AIRCRAFT, SPACE VEHICLES, AND PARTS MANUFACTURING (US SIC 372 & 376) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 8.25 12.89 17.89 21.42 25.47 26.14 26.11 26.81 27.37 27.55 27.97 29.04 30.60 31.77 BRAZIL.................. .. .. .. .. .. .. .. 12.99 16.44 15.49 9.69 10.85 8.78 .. CANADA.................. .. .. 12.44 18.50 19.58 19.01 19.66 19.39 19.66 18.80 18.88 18.88 18.62 18.58 TAIWAN.................. 0.46 1.34 3.97 10.15 12.98 12.57 12.81 11.95 11.68 10.98 11.74 11.26 11.04 9.45 FRANCE.................. 5.92 12.21 10.36 21.05 22.42 23.72 26.80 26.33 23.60 24.05 24.01 22.44 22.78 24.82 GERMANY, FORMER WEST.... 7.21 14.29 11.59 26.28 29.66 31.11 37.51 37.39 32.91 33.26 32.36 29.09 29.22 31.43 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 32.92 32.05 28.81 28.83 30.97 ITALY................... 5.24 9.01 8.09 17.68 15.03 15.05 15.58 17.11 16.31 16.31 15.84 14.02 13.83 15.06 UNITED KINGDOM.......... 3.81 9.03 7.50 15.66 16.00 16.56 17.69 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 121 AIRCRAFT, SPACE VEHICLES, AND PARTS MANUFACTURING (US SIC 372 & 376) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 8.25 12.89 17.89 21.42 25.47 26.14 26.11 26.81 27.37 27.55 27.97 29.04 30.60 31.77 BRAZIL.................. .. .. .. .. .. .. .. 13.05 17.72 17.98 17.65 19.86 20.66 .. CANADA.................. .. .. 16.99 21.59 25.25 25.97 26.99 26.44 27.23 27.90 28.06 28.05 28.84 29.17 TAIWAN.................. 17.30 48.12 158.2 273.2 343.0 332.8 339.5 328.3 336.3 368.2 379.4 351.8 373.3 326.4 FRANCE.................. 25.35 51.52 93.03 114.7 127.1 131.6 133.6 134.7 137.8 141.9 #22.54 24.31 25.45 26.25 GERMANY, FORMER WEST.... 17.69 25.94 34.09 42.49 49.09 50.46 53.71 56.27 57.10 58.54 #30.38 31.51 32.64 33.24 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 57.95 #30.08 31.21 32.21 32.76 ITALY................... 3416 7702 15437 21177 23641 24249 25374 26395 27792 28330 #14.87 15.19 15.45 15.93 UNITED KINGDOM.......... 1.72 3.88 5.78 8.78 10.65 10.81 11.21 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 122 SHIP AND BOAT BUILDING AND REPAIRING (US SIC 373) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 33 31 23 18 17 13 .. CANADA.................. .. .. 73 105 88 .. .. 81 79 .. 75 .. .. .. HONG KONG SAR (1)....... 15 15 16 24 .. .. .. .. .. .. .. .. .. .. JAPAN................... 57 60 56 96 127 142 153 135 122 109 122 120 101 99 KOREA................... 9 16 16 40 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 8 14 17 48 55 58 61 64 60 46 43 48 45 32 BELGIUM................. 128 140 70 130 120 129 .. .. .. .. .. .. .. .. DENMARK................. 103 106 59 128 120 .. .. .. .. .. .. .. .. .. FINLAND................. 84 81 63 145 98 #112 #142 139 120 116 109 92 88 .. FRANCE.................. 75 91 61 105 94 100 108 108 93 94 92 84 82 87 GERMANY, FORMER WEST.... 105 124 75 155 160 166 188 179 152 151 145 .. .. .. GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 143 138 .. .. .. ITALY................... 80 73 56 115 87 87 87 97 89 86 82 71 67 70 NETHERLANDS............. 103 111 59 116 107 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 109 76 138 121 126 139 142 128 132 136 122 120 137 SWEDEN.................. 118 117 69 135 96 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 58 71 47 89 76 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 123 SHIP AND BOAT BUILDING AND REPAIRING (US SIC 373) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.84 11.27 14.62 15.56 18.26 18.09 18.75 18.39 19.13 19.24 19.65 20.13 21.04 21.74 BRAZIL.................. .. .. .. .. .. .. .. 6.13 6.00 4.37 3.45 3.36 2.83 .. CANADA.................. .. .. 10.63 16.27 16.03 .. .. 14.98 15.09 .. 14.81 .. .. .. HONG KONG SAR (1)....... 1.05 1.67 2.32 3.81 .. .. .. .. .. .. .. .. .. .. JAPAN................... 3.92 6.75 8.12 14.96 23.28 25.72 28.76 24.90 23.27 20.95 24.05 24.09 21.31 21.58 KOREA................... 0.59 1.81 2.33 6.24 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.56 1.54 2.46 7.50 9.98 10.41 11.34 11.75 11.39 8.79 8.54 9.57 9.40 6.88 BELGIUM................. 8.75 15.75 10.21 20.25 21.83 23.42 .. .. .. .. .. .. .. .. DENMARK................. 7.04 11.90 8.60 19.96 21.91 .. .. .. .. .. .. .. .. .. FINLAND................. 5.73 9.15 9.14 22.48 17.96 #20.28 #26.55 25.49 22.91 22.24 21.52 18.60 18.61 .. FRANCE.................. 5.13 10.23 8.86 16.36 17.12 18.04 20.30 19.86 17.80 18.13 18.02 16.91 17.23 18.92 GERMANY, FORMER WEST.... 7.20 13.97 10.89 24.17 29.27 30.00 35.27 32.88 29.11 29.02 28.54 .. .. .. GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 27.46 27.09 .. .. .. ITALY................... 5.47 8.23 8.13 17.89 15.80 15.83 16.37 17.88 16.96 16.52 16.04 14.21 14.02 15.29 NETHERLANDS............. 7.07 12.50 8.58 17.99 19.55 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 12.24 11.05 21.46 22.05 22.77 26.06 26.19 24.53 25.31 26.75 24.58 25.19 29.87 SWEDEN.................. 8.08 13.22 10.03 20.95 17.50 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.99 8.01 6.86 13.89 13.80 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 124 SHIP AND BOAT BUILDING AND REPAIRING (US SIC 373) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 6.84 11.27 14.62 15.56 18.26 18.09 18.75 18.39 19.13 19.24 19.65 20.13 21.04 21.74 BRAZIL.................. .. .. .. .. .. .. .. 6.16 6.47 5.07 6.28 6.15 6.65 .. CANADA.................. .. .. 14.52 18.99 20.68 .. .. 20.44 20.90 .. 22.01 .. .. .. HONG KONG SAR (1)....... 5.19 8.33 18.10 29.68 .. .. .. .. .. .. .. .. .. .. JAPAN................... 1164 1524 1937 2169 2587 2629 2702 2709 2818 2745 2734 2597 2591 2702 KOREA................... 285.0 1097 2024 4418 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 21.21 55.55 98.03 201.9 263.6 275.7 300.6 322.8 327.7 294.9 276.1 299.2 318.1 237.5 BELGIUM................. 321.2 459.8 605.7 676.6 754.9 783.0 .. .. .. .. .. .. .. .. DENMARK................. 40.36 66.98 91.18 123.6 142.1 .. .. .. .. .. .. .. .. .. FINLAND................. 21.01 34.02 56.64 86.10 102.8 #106.1 #116.2 117.1 119.1 118.9 #20.20 20.15 20.79 .. FRANCE.................. 21.96 43.18 79.58 89.13 97.01 100.1 101.2 101.6 103.9 107.0 #16.92 18.32 19.24 20.02 GERMANY, FORMER WEST.... 17.67 25.36 32.05 39.09 48.45 48.67 50.50 49.49 50.50 51.07 #26.79 .. .. .. GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 48.33 #25.43 .. .. .. ITALY................... 3568 7037 15519 21438 24856 25496 26669 27596 28907 28690 #15.06 15.39 15.67 16.17 NETHERLANDS............. 17.85 24.82 28.48 32.78 36.33 .. .. .. .. .. .. .. .. .. NORWAY.................. .. 60.40 94.93 134.2 156.5 160.6 165.1 169.1 173.8 191.2 208.8 216.6 226.6 238.5 SWEDEN.................. 33.47 55.89 86.31 124.1 136.5 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.79 3.44 5.29 7.79 9.19 .. .. .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 125 INSTRUMENTS AND RELATED PRODUCTS MANUFACTURING (US SIC 38) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... .. .. .. 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 31 30 29 17 19 15 .. MEXICO.................. .. .. .. .. 12 13 8 8 9 10 10 12 12 13 HONG KONG SAR (1,2)..... .. .. .. 18 23 25 26 27 28 30 30 30 32 28 JAPAN................... .. .. .. 83 108 121 134 114 103 93 109 114 95 87 KOREA................... .. .. .. 25 31 34 39 40 35 24 37 39 37 32 TAIWAN.................. .. .. .. 21 25 27 26 27 26 23 24 26 25 22 BELGIUM................. .. .. .. 109 107 118 .. .. .. .. .. .. .. .. DENMARK................. .. .. .. 106 103 .. .. .. .. .. .. .. .. .. FRANCE.................. .. .. .. 93 91 93 102 97 85 85 82 72 71 76 GERMANY, FORMER WEST.... .. .. .. 123 129 134 155 151 129 127 122 106 101 106 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 123 119 103 98 103 IRELAND................. .. .. .. 71 66 68 73 73 69 68 67 59 58 62 ITALY................... .. .. .. 104 85 84 85 90 83 79 76 65 62 65 SPAIN................... .. .. .. 77 71 68 73 74 62 60 59 51 51 55 SWEDEN.................. .. .. .. 121 92 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... .. .. .. 78 70 71 76 76 81 85 85 80 77 82 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Photographic and optical goods; watches and clocks. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 126 INSTRUMENTS AND RELATED PRODUCTS MANUFACTURING (US SIC 38) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... .. .. .. 15.89 17.60 17.87 18.21 18.64 19.21 19.47 19.73 20.33 21.09 21.81 BRAZIL.................. .. .. .. .. .. .. .. 5.69 5.80 5.65 3.41 3.81 3.18 .. MEXICO.................. .. .. .. .. 2.07 2.27 1.44 1.43 1.76 1.87 2.03 2.35 2.51 2.74 HONG KONG SAR (1,2)..... .. .. 1.58 2.93 3.97 4.46 4.79 5.01 5.35 5.91 5.87 6.16 6.81 6.03 JAPAN................... 2.94 5.47 6.24 13.15 18.95 21.58 24.41 21.26 19.75 18.15 21.48 23.13 19.95 18.93 KOREA................... 0.33 0.86 1.23 4.00 5.52 6.03 7.16 7.52 6.64 4.65 7.26 8.01 7.72 7.05 TAIWAN.................. 0.39 0.98 1.31 3.35 4.38 4.74 4.75 5.05 5.06 4.49 4.78 5.30 5.18 4.83 BELGIUM................. 6.02 12.26 8.57 17.32 18.84 21.00 .. .. .. .. .. .. .. .. DENMARK................. 5.81 10.07 7.78 16.81 18.16 .. .. .. .. .. .. .. .. .. FRANCE.................. 4.12 8.40 6.95 14.85 16.07 16.64 18.51 18.13 16.33 16.61 16.25 14.72 15.03 16.49 GERMANY, FORMER WEST.... 5.73 10.95 8.52 19.59 22.73 23.90 28.23 28.14 24.85 24.67 24.05 21.62 21.31 23.10 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 23.96 23.39 21.03 20.68 22.39 IRELAND................. 2.82 5.48 5.50 11.26 11.54 12.16 13.33 13.56 13.22 13.17 13.21 12.08 12.17 13.56 ITALY................... 4.41 7.42 7.13 16.54 14.91 14.93 15.42 16.81 15.92 15.42 14.98 13.27 13.09 14.26 SPAIN................... .. .. .. 12.28 12.50 12.15 13.34 13.86 12.00 11.73 11.60 10.45 10.80 11.99 SWEDEN.................. 6.87 11.68 8.88 19.19 16.26 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 3.09 7.37 6.25 12.37 12.23 12.66 13.91 14.12 15.63 16.59 16.85 16.30 16.14 17.98 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Photographic and optical goods; watches and clocks. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 127 INSTRUMENTS AND RELATED PRODUCTS MANUFACTURING (US SIC 38) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... .. .. .. 15.89 17.60 17.87 18.21 18.64 19.21 19.47 19.73 20.33 21.09 21.81 BRAZIL.................. .. .. .. .. .. .. .. 5.72 6.25 6.56 6.22 6.98 7.49 .. MEXICO.................. .. .. .. .. #6.46 7.66 9.26 10.88 13.92 17.15 19.35 22.19 23.44 26.43 HONG KONG SAR (1,2)..... .. .. 12.30 22.81 30.69 34.50 37.03 38.72 41.41 45.78 45.51 48.02 53.10 47.06 JAPAN................... 871.4 1235 1489 1907 2105 2205 2293 2313 2392 2378 2442 2493 2427 2370 KOREA................... 160.8 521.0 1072 2830 4430 4844 5526 6050 6313 6507 8642 9063 9975 8814 TAIWAN.................. 14.84 35.27 52.30 90.06 115.8 125.5 125.8 138.7 145.6 150.8 154.5 165.7 175.2 167.0 BELGIUM................. 220.7 358.1 508.8 579.0 651.6 702.2 .. .. .. .. .. .. .. .. DENMARK................. 33.31 56.67 82.45 104.1 117.8 .. .. .. .. .. .. .. .. .. FRANCE.................. 17.65 35.43 62.40 80.87 91.08 92.30 92.29 92.77 95.33 98.00 #15.25 15.95 16.79 17.44 GERMANY, FORMER WEST.... 14.05 19.88 25.05 31.68 37.62 38.77 40.43 42.35 43.12 43.42 #22.57 23.42 23.81 24.44 GERMANY, UNIFIED........ .. .. .. .. .. .. .. .. .. 42.17 #21.96 22.78 23.10 23.68 IRELAND................. 1.27 2.66 5.16 6.79 7.88 8.13 8.31 8.48 8.72 9.24 #12.40 13.08 13.60 14.35 ITALY................... 2877 6342 13610 19814 23450 24056 25125 25933 27125 26792 #14.07 14.37 14.63 15.09 SPAIN................... .. .. .. 1252 1594 1627 1663 1756 1758 1753 #10.89 11.32 12.07 12.68 SWEDEN.................. 28.44 49.41 76.36 113.7 126.7 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.39 3.17 4.82 6.93 8.15 8.27 8.81 9.05 9.54 10.01 10.42 10.76 11.21 11.97 ---------------------------------------------------------------------------------------------------------------------------------------- (1) Hong Kong special administrative region of China. (2) Photographic and optical goods; watches and clocks. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: INDEX U.S. = 100 PAGE 128 MISCELLANEOUS MANUFACTURING (US SIC 39) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 100 100 100 100 100 100 100 100 100 100 100 100 100 100 BRAZIL.................. .. .. .. .. .. .. .. 27 26 25 16 15 12 .. MEXICO.................. .. .. 13 10 15 14 9 8 9 10 10 11 12 13 JAPAN (1)............... 53 67 59 100 139 150 157 129 122 110 125 127 110 108 KOREA................... 6 11 10 26 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 7 12 14 29 34 37 39 38 37 32 32 33 32 30 BELGIUM................. 104 142 69 123 128 136 .. .. .. .. .. .. .. .. DENMARK................. 117 139 81 152 142 .. .. .. .. .. .. .. .. .. FRANCE.................. 84 114 73 123 117 120 131 128 111 111 108 96 92 98 GREECE.................. 31 42 35 51 48 51 59 58 55 52 .. .. .. .. ITALY................... 113 106 70 132 106 105 103 109 101 96 90 77 72 76 SPAIN................... .. .. .. 90 80 74 81 75 67 61 61 53 50 54 SWEDEN.................. 137 160 92 169 122 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 113 142 91 165 169 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 57 92 55 94 82 81 85 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Including ordnance. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN U.S. DOLLARS PAGE 129 MISCELLANEOUS MANUFACTURING (US SIC 39) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 4.74 7.02 9.48 11.30 12.62 12.90 13.31 13.74 14.05 14.29 14.74 15.24 16.05 16.42 BRAZIL.................. .. .. .. .. .. .. .. 3.70 3.65 3.63 2.31 2.26 2.00 .. MEXICO.................. .. .. 1.20 1.15 1.85 1.82 1.13 1.15 1.31 1.38 1.50 1.72 1.99 2.11 JAPAN (1)............... 2.51 4.68 5.59 11.26 17.51 19.32 20.86 17.71 17.16 15.69 18.41 19.40 17.59 17.70 KOREA................... 0.26 0.80 0.97 2.97 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 0.32 0.84 1.33 3.32 4.32 4.73 5.15 5.15 5.20 4.50 4.70 5.04 5.15 4.93 BELGIUM................. 4.93 9.97 6.51 13.85 16.11 17.58 .. .. .. .. .. .. .. .. DENMARK................. 5.54 9.74 7.70 17.15 17.95 .. .. .. .. .. .. .. .. .. FRANCE.................. 4.01 8.01 6.93 13.91 14.82 15.48 17.44 17.59 15.60 15.83 15.97 14.60 14.73 16.13 GREECE.................. 1.46 2.95 3.32 5.81 6.06 6.62 7.83 8.04 7.79 7.49 .. .. .. .. ITALY................... 5.37 7.44 6.67 14.92 13.43 13.51 13.77 15.04 14.20 13.70 13.30 11.73 11.54 12.50 SPAIN................... .. .. .. 10.21 10.11 9.60 10.71 10.34 9.36 8.76 9.02 8.11 8.02 8.84 SWEDEN.................. 6.48 11.22 8.73 19.08 15.37 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 5.34 9.97 8.58 18.68 21.28 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 2.72 6.48 5.26 10.67 10.31 10.42 11.27 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Including ordnance. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 HOURLY COMPENSATION COSTS FOR PRODUCTION WORKERS: IN NATIONAL CURRENCY PAGE 130 MISCELLANEOUS MANUFACTURING (US SIC 39) ---------------------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 ---------------------------------------------------------------------------------------------------------------------------------------- UNITED STATES........... 4.74 7.02 9.48 11.30 12.62 12.90 13.31 13.74 14.05 14.29 14.74 15.24 16.05 16.42 BRAZIL.................. .. .. .. .. .. .. .. 3.72 3.94 4.22 4.21 4.14 4.70 .. MEXICO.................. .. .. 309.1 3226 #5.78 6.13 7.27 8.77 10.40 12.62 14.34 16.25 18.59 20.39 JAPAN (1)............... 745.1 1057 1334 1633 1946 1975 1960 1927 2078 2056 2093 2091 2138 2217 KOREA................... 127.4 484.8 845.3 2102 .. .. .. .. .. .. .. .. .. .. TAIWAN.................. 12.17 30.20 53.05 89.34 114.1 125.3 136.4 141.6 149.7 151.1 152.0 157.6 174.3 170.4 BELGIUM................. 181.1 291.0 386.1 463.0 556.9 587.6 .. .. .. .. .. .. .. .. DENMARK................. 31.79 54.85 81.61 106.1 116.4 .. .. .. .. .. .. .. .. .. FRANCE.................. 17.16 33.82 62.25 75.79 83.97 85.85 86.94 90.01 91.11 93.43 #14.99 15.82 16.46 17.07 GREECE.................. 47.10 125.6 457.9 921.6 1389 1606 1814 1935 2128 2214 .. .. .. .. ITALY................... 3505 6360 12724 17870 21132 21768 22425 23212 24190 23788 #12.49 12.70 12.89 13.23 SPAIN................... .. .. .. 1041 1289 1286 1335 1310 1372 1308 #8.46 8.78 8.96 9.35 SWEDEN.................. 26.84 47.46 75.12 113.0 119.8 .. .. .. .. .. .. .. .. .. SWITZERLAND............. 13.78 16.69 21.08 25.97 31.46 .. .. .. .. .. .. .. .. .. UNITED KINGDOM.......... 1.23 2.78 4.05 5.98 6.87 6.80 7.14 .. .. .. .. .. .. .. ---------------------------------------------------------------------------------------------------------------------------------------- (1) Including ordnance. SOURCE: U.S. BUREAU OF LABOR STATISTICS, May 2004 Country Notes PAGE 131 Note Adjustment factors are used to include items of compensation not included in a country's published earnings. Brazil Hourly earnings are estimated from annual earnings in each industry by dividing by the annual hours worked in all manufacturing. Adjustment factors relate to all employees. Canada Data for selected industries are not available from 2000 because of a change in industrial classification. For ship and boat building, the adjustment factor relates to shipbuilding only. Mexico Adjustment factors relate to all employees. Australia Earnings and compensation relate to production workers and non-production workers other than those in managerial, executive, professional, and higher supervisory positions. Adjustment factors relate to all manufacturing for every industry. Hong Kong Total manufacturing is the average of selected manufacturing industries. The industries covered accounted for about 70 percent of all persons employed in manufacturing in 1988. Compensation excludes overtime pay. Israel Hourly earnings are estimated from average daily earnings by assuming eight hours of work per day. For years since 1978, daily earnings for production workers are estimated on the basis of the trend in daily earnings for all employees. Japan There are breaks in series at 1990 and 1991 for the following Japanese 3-digit industries: glass and glassware, pottery and related products, basic iron and steel, electronic equipment, motor vehicles and equipment, and ship and boat building. Adjustment factors relate to all employees. Adjustment factors for the appropriate Japanese 2-digit industries are used for the following 3-digit industries: glass and glassware, pottery and related products, basic iron and steel, electronic equipment, motor vehicles and equipment, and ship and boat building. For 1975-85, the adjustment factors for plastics products and miscellaneous manufacturing refer to miscellaneous (including plastics products) manufacturing, and the adjustment factors for rubber and plastics products refer to rubber and miscellaneous (including plastics products) manufacturing. Korea Data for some component industries are not available from 1993 because of an industrial PAGE 132 classification change in 1993. For remaining industries, breaks in series occurred at 1993 and 1994. Hourly earnings for production workers for 1975-84 are estimated on the basis of average hourly earnings for all employees adjusted for the relative level of production worker monthly earnings to all employee earnings; they are linked to new earnings data for production workers at 1985. From 1999, hourly earnings are estimated using the trend in hourly earnings for all employees. Special estimates derived from annual survey of manufactures data are made for the following industries: basic iron and steel, electronic equipment, motor vehicles and equipment, and ship and boat building. Adjustment factors relate to all employees, and are based on labor cost surveys for 1982-2002. Adjustment factors for the appropriate Korean 3-digit industries were used for the following 4-digit industries: basic iron and steel, electronic equipment, motor vehicles and equipment, and ship and boat building. New Zealand Hourly earnings are the mid-point of an estimated production worker earnings range (80-90 percent of all employee earnings). Singapore Hourly compensation costs are estimated for the years since 1985 using the trend in average weekly earnings and benefit costs for production workers or (for 1985-86) average compensation per employee from the national accounts. Taiwan Adjustment factors relate to all employees, and are based on labor cost surveys for 1984-94 and 1996. Adjustment factors for the appropriate Taiwanese 2-digit industries are used for the following 3-digit industries: lumber and wood products, furniture and fixtures; paper and allied products, printing and publishing; rubber tires, glass and glassware, pottery and related products; iron and steel, nonferrous metals; electronic equipment; motor vehicles and equipment, aircraft and parts, and ship and boat building. Austria Excludes workers in establishments considered handicraft manufacturers. (All of printing and publishing and miscellaneous manufacturing establishments are classified in handicrafts.) In 1986, handicraft employment was about 35 percent of all manufacturing employment. Average compensation per employee was about 10 percent lower in manufacturing including handicrafts than in manufacturing excluding handicrafts. Belgium For the lumber and wood products industry and the wood furniture and fixtures industry, the adjustment factors relate to lumber, wood products, and wood furniture. Changes in all employee additional compensation are used to estimate 1992 and 1996 benchmark additional compensation adjustment factors for production workers. Denmark Changes in all employee additional compensation are used to estimate 1992 and 1996 benchmark PAGE 133 additional compensation adjustment factors for production workers. Finland There are breaks in series in 1994 and in 1995 for selected industries for which adjustment or link cannot be made (see industry footnotes). These breaks are due to the implementation of new earnings and labor cost surveys. For comparability with other countries, compensation excludes some obligatory training and plant facilities costs; these costs would add 1.6 percent to average hourly compensation costs in 1994. For the lumber and wood products industry and the wood furniture and fixtures industry, the adjustment factors relate to lumber, wood products, and wood furniture through 1994. France Data for selected industries are not available from 1995 because of a change in industrial classification. Adjustment factors relate to all employees. For the lumber and wood products industry and the wood furniture and fixtures industry, the adjustment factors relate to lumber, wood products, and wood furniture. Germany Excludes workers in establishments considered handicraft manufacturers. In 1990, handicraft employment was about 25 percent of all manufacturing employment in the former West Germany. Average hourly earnings of production workers were about 3 percent lower in manufacturing including handicrafts than in manufacturing excluding handicrafts. Greece For the lumber and wood products industry and the furniture and fixtures industry, the adjustment factors relate to lumber, wood products, and furniture. Changes in all employee additional compensation are used to estimate 1992 and 1996 benchmark additional compensation adjustment factors for production workers. Ireland Earnings refer to September for 1975-1976. Adjustment factors relate to all employees. Compensation excludes redundancy pay. Italy Both hourly earnings and additional compensation adjustment factors are obtained from periodic labor cost surveys and interpolated or projected to nonsurvey years using the trends in contractual wage rates and in benefit entitlements and costs. Changes in all employee additional compensation are used to estimate 1992 benchmark additional compensation adjustment factors for production workers. Hourly earnings benchmarks are not available for 1992. Netherlands Adjustment factors relate to all employees. PAGE 134 Norway For comparability with other countries, compensation excludes some obligatory training and plant facilities costs; these costs would add 2.2 percent to average hourly compensation costs in 1994. The adjustment factor for all primary metal, metal products, machinery, and equipment manufacturing is used for the following component industries: primary metals; metal products, machinery, and equipment; and ship and boat building and repairing. Portugal Adjustment factors relate to all employees. Spain Data for selected industries are not available from 1996 because of a change in industrial classification; for remaining industries, there are breaks in series at 1996. Hourly earnings for all manufacturing in 1975-1976 are estimated on the basis of 1977 manufacturing earnings and the general earnings trend for the total private non-farm economy. Adjustment factors relate to all employees. For electronic equipment, the adjustment factor relates to electronic and other electrical equipment. Sweden Data for selected industries are not available from 1994 because of an industrial classification change; for remaining industries, there are breaks in series at 1994. United Kingdom Data for selected industries are not available from 1996 because of an industrial classification change; data for remaining industries are linked to previous series at 1995. Adjustment factors relate to all employees. EXCHANGE RATES: NATIONAL CURRENCY UNITS PER U.S. DOLLAR PAGE 135 -------------------------------------------------------------------------------------------------------------------------- COUNTRY OR AREA 1975 1980 1985 1990 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 -------------------------------------------------------------------------------------------------------------------------- United States........... 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 Brazil.................. .. .. .. .. .. .. .. 1.005 1.078 1.161 1.821 1.830 2.353 2.921 Canada.................. 1.017 1.169 1.366 1.167 1.290 1.366 1.373 1.364 1.385 1.484 1.486 1.486 1.549 1.570 Mexico.................. 12.50 22.97 256.9 2813 3.116 3.375 6.419 7.600 7.918 9.152 9.553 9.459 9.337 9.663 Australia............... .7647 .8772 1.428 1.281 1.471 1.367 1.350 1.277 1.345 1.590 1.549 1.720 1.935 1.839 Hong Kong SAR........... 4.939 4.976 7.791 7.790 7.736 7.729 7.736 7.735 7.743 7.747 7.759 7.792 7.800 7.800 Israel.................. .6390 5.124 1.179 2.016 2.830 3.011 3.011 3.192 3.449 3.800 4.140 4.077 4.206 4.738 Japan................... 296.7 225.7 238.5 145.0 111.1 102.2 93.96 108.8 121.1 131.0 113.7 107.8 121.6 125.2 Korea................... 484.0 607.4 870.0 707.8 802.7 803.5 771.3 804.5 950.8 1400 1190 1131 1292 1250 New Zealand............. .8254 1.027 2.010 1.677 1.847 1.685 1.524 1.454 1.509 1.865 1.889 2.189 2.380 2.153 Singapore............... 2.371 2.141 2.200 1.813 1.616 1.527 1.417 1.410 1.486 1.672 1.695 1.725 1.793 1.791 Sri Lanka............... 7.050 16.53 27.16 40.06 48.32 49.42 51.25 55.27 59.00 64.45 70.64 77.01 89.38 95.66 Taiwan.................. 38.00 36.02 39.85 26.92 26.42 26.47 26.50 27.47 28.78 33.55 32.32 31.26 33.82 34.54 Austria................. 17.40 12.93 20.68 11.33 11.64 11.41 10.08 10.59 12.21 12.38 .9387 1.083 1.117 1.058 Belgium................. 36.69 29.20 59.34 33.42 34.58 33.43 29.47 30.97 35.81 36.31 .9387 1.083 1.117 1.058 Denmark................. 5.735 5.629 10.60 6.190 6.486 6.356 5.600 5.800 6.609 6.703 6.990 8.095 8.332 7.886 Finland................. 3.665 3.719 6.197 3.830 5.725 5.234 4.376 4.595 5.196 5.347 .9387 1.083 1.117 1.058 France.................. 4.282 4.220 8.980 5.447 5.667 5.546 4.986 5.116 5.839 5.900 .9387 1.083 1.117 1.058 Germany, Former West.... 2.455 1.815 2.942 1.617 1.655 1.622 1.432 1.505 1.735 1.760 .9387 1.083 1.117 1.058 Germany, Unified........ .. .. .. .. 1.655 1.622 1.432 1.505 1.735 1.760 .9387 1.083 1.117 1.058 Greece.................. 32.29 42.62 138.1 158.5 229.3 242.6 231.7 240.7 273.1 295.5 .. .. .. .. Ireland................. .4500 .4860 .9379 .6033 .6827 .6680 .6236 .6252 .6595 .7019 .9387 1.083 1.117 1.058 Italy................... 652.4 855.1 1909 1198 1573 1611 1629 1543 1704 1737 .9387 1.083 1.117 1.058 Luxembourg.............. 36.78 29.24 59.38 33.42 34.60 33.46 29.48 30.96 35.77 36.30 .9387 1.083 1.117 1.058 Netherlands............. 2.523 1.985 3.318 1.822 1.858 1.819 1.604 1.686 1.953 1.984 .9387 1.083 1.117 1.058 Norway.................. 5.214 4.936 8.593 6.254 7.098 7.055 6.336 6.459 7.086 7.552 7.807 8.813 8.996 7.984 Portugal................ 25.45 50.05 172.1 142.7 161.1 165.9 149.9 154.3 175.4 180.3 .9387 1.083 1.117 1.058 Spain................... 57.39 71.64 170.0 102.0 127.5 133.9 124.6 126.7 146.5 149.4 .9387 1.083 1.117 1.058 Sweden.................. 4.142 4.229 8.603 5.923 7.796 7.716 7.141 6.708 7.645 7.952 8.274 9.174 10.34 9.720 Switzerland............. 2.581 1.675 2.455 1.390 1.478 1.367 1.181 1.236 1.451 1.451 1.505 1.690 1.689 1.557 United Kingdom.......... .4501 .4300 .7708 .5605 .6660 .6528 .6335 .6407 .6106 .6034 .6184 .6598 .6946 .6660 -------------------------------------------------------------------------------------------------------------------------- See notes on following page Exchange Rate Notes PAGE 136 Notes on Exchange Rates Hong Kong SAR relates to the Special Administrative Region of Hong Kong. The exchange rates for Germany are used to convert hourly compensation costs into U.S. dollars for both the former West Germany and for unified Germany. On January 1, 1999, several European countries joined the European Monetary Union (EMU): Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. Greece joined on January 1, 2001. Currencies of EMU members were established at fixed conversion rates to the euro, the official currency of the EMU. Exchange rates between the national currencies of EMU countries and the U.S. dollar are no longer reported; only the exchange rate between the euro and the U.S. dollar is available. National currency units are Unites States, dollar; Brazil, real; Canada, dollar; Mexico, peso; Austrailia, dollar; Hong Kong, dollar; Israel, shekel (1975-84), new shekel (1985-2002); Japan, yen; Korea, won; New Zeland, dollar; Singapore, dollar; Sri Lanka, rupee; Taiwan, dollar; Austria, schilling (1975-1998), euro (1999-2002); Belgium, franc (1975-1998), euro (1999-2002); Denmark, krone; Finland, markkaa (1975-1998), euro (1999-2002); Germany, mark (1975-1998), euro (1999-2002); Greece, drachma; Ireland, pound (1975-1998), euro (1999-2002); Italy, lira (1975-1998), euro (1999-2002); Luxembourg, franc (1975-1998), euro (1999-2002); Netherlands, guilder (1975-1998), euro (1999-2002); Norway, kroner; Portugal, escudo (1975-1998), euro (1999-2002); Spain, peseta (1975-1998), euro (1999-2002); Sweden, krona; Switzerland, franc; United Kingdom, pound.