Table 3. Manufacturing sector: Labor productivity, hourly compensation, and unit labor costs, seasonally adjusted
Table 3. Manufacturing sector: Labor productivity, hourly compensation, and unit labor costs,
seasonally adjusted.
Real
Year Labor Hourly hourly Unit
and produc- Hours compensa- compensa- labor
quarter tivity Output worked tion (1) tion (2) costs
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Percent change from previous quarter at annual rate (5)
2023 I -1.3 0.5 1.8 2.1 -1.6 3.4
2022 ANNUAL -1.3 r 2.9 r 4.2 4.1 -3.7 r 5.4 r
2022 IV -3.0 r -3.4 r -0.5 r 4.8 0.6 8.0 r
III -2.8 r 0.4 r 3.3 r 7.7 2.0 10.8 r
II 2.2 r 3.0 r 0.7 3.4 r -5.8 r 1.2 r
I -3.9 r 3.1 r 7.3 r 1.4 -7.2 r 5.5 r
2021 ANNUAL 1.8 r 5.1 r 3.2 2.7 -2.1 r 0.8 r
2021 IV -2.1 r 4.9 r 7.2 8.2 -0.6 r 10.5 r
III -1.7 r 3.4 r 5.2 -1.4 -7.5 r 0.3 r
II 5.8 r 6.4 r 0.6 6.6 -1.3 r 0.8 r
I -0.7 r 0.5 r 1.3 -1.0 -5.1 r -0.2 r
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Percent change from corresponding quarter of previous year
2023 I -1.2 0.1 1.3 4.5 -1.2 5.8
2022 ANNUAL -1.3 r 2.9 r 4.2 4.1 -3.7 r 5.4 r
2022 IV -1.9 0.7 2.7 4.3 -2.7 r 6.3
III -1.7 r 2.8 r 4.6 5.1 r -3.0 r 6.9 r
II -1.4 r 3.6 r 5.1 2.8 r -5.3 r 4.3 r
I -0.6 r 4.5 r 5.0 3.6 -4.2 r 4.2 r
2021 ANNUAL 1.8 r 5.1 r 3.2 2.7 -2.1 r 0.8 r
2021 IV 0.2 r 3.8 r 3.5 3.0 -3.7 r 2.8 r
III 0.6 r 4.4 r 3.8 2.9 -2.4 r 2.3 r
II 5.1 r 15.2 r 9.6 -0.2 -4.9 r -5.1 r
I 1.8 r -1.8 r -3.5 4.7 2.7 r 2.9 r
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Indexes 2012=100
2023 I 95.0 101.4 106.7 135.1 102.5 142.2
2022 ANNUAL 96.2 r 101.7 r 105.7 r 132.0 r 103.1 r 137.2 r
2022 IV 95.3 r 101.3 r 106.3 r 134.4 r 102.9 r 141.0 r
III 96.0 r 102.1 r 106.4 r 132.8 r 102.7 r 138.3 r
II 96.7 r 102.0 r 105.5 r 130.4 r 102.2 r 134.9 r
I 96.2 r 101.3 r 105.3 r 129.3 r 103.7 r 134.5 r
2021 ANNUAL 97.4 r 98.8 r 101.4 r 126.8 r 107.0 r 130.1 r
2021 IV 97.1 r 100.5 r 103.5 r 128.8 r 105.7 r 132.7 r
III 97.6 r 99.3 r 101.7 126.3 105.9 r 129.4 r
II 98.1 r 98.5 r 100.4 r 126.8 r 107.9 r 129.3 r
I 96.7 r 97.0 r 100.3 r 124.8 r 108.3 r 129.0 r
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See footnotes following Table 6. May 4, 2023
r=revised Source: Bureau of Labor Statistics
Last Modified Date: May 04, 2023
United States Department of Labor
