Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted



Table 2. Nonfarm business sector: Labor productivity, hourly compensation, unit labor costs, and
prices, seasonally adjusted.
                                                          Real
                                               Hourly     hourly                Unit       Implicit
Year          Labor                            compen-    compen-     Unit      nonlabor   price
and           produc-               Hours      sation     sation      labor     payments   deflator
quarter       tivity     Output     worked     (1)        (2)         costs     (3)        (4)
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate (5)

2016 II       -0.6 r       1.1 r      1.7 r      3.7 r      1.1 r      4.3 r     -0.4 r      2.3 r
     I        -0.6         0.7        1.4       -0.9 r     -0.6 r     -0.3 r      2.1 r      0.7  

2015 ANNUAL    0.9         3.1        2.1        2.9        2.8        2.0       -0.4        1.0  

2015 IV       -2.4         0.8        3.3        3.1        2.3        5.7       -6.2        0.5  
     III       2.0         1.8       -0.2        2.9        1.5        0.8        1.1        1.0  
     II        1.2         3.1        1.9        4.8        2.2        3.6       -0.1        2.0  
     I         1.1         2.4        1.3        1.8        4.8        0.7       -0.1        0.4  

2014 ANNUAL    0.8         3.0        2.2        2.8        1.1        2.0        1.3        1.7  

2014 IV       -1.6         2.7        4.4        3.6        3.9        5.2       -6.3        0.1  
     III       4.2         6.5        2.3        3.9        3.0       -0.2        4.5        1.8  
     II        2.0         5.1        3.0       -1.7       -3.6       -3.7        9.8        1.9  
     I        -3.7        -1.8        2.0        6.2        3.8       10.2       -9.2        1.4  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2016 II       -0.4         1.1        1.5        2.2 r      1.1 r      2.6 r     -0.9 r      1.1  
     I         0.0         1.6        1.6        2.4 r      1.3 r      2.4 r     -0.8 r      1.0  

2015 ANNUAL    0.9         3.1        2.1        2.9        2.8        2.0       -0.4        1.0  

2015 IV        0.4         2.0        1.6        3.1        2.7        2.7       -1.4        0.9  
     III       0.7         2.5        1.8        3.2        3.1        2.6       -1.4        0.8  
     II        1.2         3.7        2.5        3.5        3.5        2.3       -0.6        1.0  
     I         1.4         4.2        2.7        1.9        2.0        0.5        1.8        1.0  

2014 ANNUAL    0.8         3.0        2.2        2.8        1.1        2.0        1.3        1.7  

2014 IV        0.2         3.1        2.9        2.9        1.7        2.7       -0.6        1.3  
     III       1.6         3.8        2.2        2.6        0.8        1.0        3.0        1.8  
     II        1.0         3.1        2.1        1.9       -0.1        0.9        3.4        2.0  
     I         0.3         2.0        1.7        3.8        2.3        3.4       -0.4        1.8  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2016 II      106.0 r     119.0 r    112.3 r    116.7 r    104.5 r    110.1 r    110.8 r    110.3 r
     I       106.2       118.7      111.8      115.6 r    104.3 r    108.9 r    110.9 r    109.7  

2015 ANNUAL  106.5       117.8      110.6      114.5      103.6      107.5      111.5      109.2  

2015 IV      106.3       118.5      111.4      115.9      104.4      109.0      110.3      109.5  
     III     107.0       118.2      110.5      115.0      103.8      107.5      112.1      109.4  
     II      106.4       117.7      110.6      114.2      103.4      107.3      111.8      109.1  
     I       106.1       116.8      110.1      112.9      102.9      106.3      111.8      108.6  

2014 ANNUAL  105.5       114.3      108.3      111.2      100.8      105.4      111.9      108.1  

2014 IV      105.9       116.1      109.7      112.4      101.7      106.1      111.8      108.5  
     III     106.3       115.3      108.5      111.4      100.7      104.8      113.7      108.5  
     II      105.2       113.5      107.9      110.3      100.0      104.9      112.4      108.0  
     I       104.7       112.1      107.1      110.8      100.9      105.8      109.8      107.5  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                  September 1, 2016
r=revised                                                        Source: Bureau of Labor Statistics

Table of Contents

Last Modified Date: September 01, 2016