Economic News Release

Productivity and Costs News Release




Transmission of this material is embargoed until                USDL-09-0933
8:30 a.m. (EDT) Tuesday, August 11, 2009                         

Technical information: (202) 691-5606   dprweb@bls.gov  www.bls.gov/lpc
Media contact:         (202) 691-5902   PressOffice@bls.gov


This release was reissued on the afternoon of Tuesday, August 11, 2009, to
correct information on compensation per hour, real compensation per hour,
unit labor costs, and unit non-labor payments in Tables 1 through 5 and 
Appendix tables 1 and 2. In the tables, all index levels for these data series
were corrected; as a result, percent changes derived from the corrected index
levels were changed slightly in a few cases.  No other portions of the news 
release were affected. 

                        PRODUCTIVITY AND COSTS
                   Second Quarter 2009, Preliminary
                        
                        
        The Bureau of Labor Statistics of the U.S. Department of Labor today 
reported preliminary productivity data--as measured by output per hour of 
all persons--for the second quarter of 2009.  The seasonally adjusted 
annual rates of productivity change in the second quarter were:

          6.3 percent in the business sector and
          6.4 percent in the nonfarm business sector.
          
Productivity gains in both sectors were the largest since the third quarter
of 2003, and were due to hours worked declining faster than output.

        In manufacturing, the preliminary productivity changes in the second 
quarter were:

        5.3 percent in manufacturing,
        3.9 percent in durable goods manufacturing, and
        2.0 percent in nondurable goods manufacturing.
        
      The increases in productivity in all manufacturing sectors were the 
result of hours falling faster than output.  Output and hours in 
manufacturing, which includes about 11 percent of U.S. business-sector 
employment, tend to vary more from quarter to quarter than data for the 
aggregate business and nonfarm business sectors.  Second-quarter measures 
are summarized in table A and appear in detail in tables 1 through 5.

      The data sources and methods used in the preparation of the 
manufacturing series differ from those used in preparing the business and 
nonfarm business series, and these measures are not directly comparable.  
Output measures for business and nonfarm business are based on measures of 
gross domestic product prepared by the Bureau of Economic Analysis of the 
U.S. Department of Commerce.  Quarterly output measures for manufacturing 
reflect indexes of industrial production independently prepared by the 
Board of Governors of the Federal Reserve System.  See Technical Notes for 
further information on data sources.


==============================================================================
Data in this release reflect the comprehensive revision to the National 
Income and Product Accounts (NIPA) released by the Bureau of Economic 
Analysis of the U.S. Department of Commerce on July 31.  See Revised Measures.
==============================================================================


------------------------------------------------------------------------------
Table A. Productivity and costs:  Preliminary second-quarter 2009 measures
(Seasonally adjusted annual rates)
------------------------------------------------------------------------------
                                                               Real
                                                     Hourly    hourly    Unit
                        Produc-                      compen-   compen-   labor
Sector                  tivity    Output   Hours     sation    sation    costs
------------------------------------------------------------------------------
                              Percent change from preceding quarter
                              
Business                6.3       -1.8      -7.5        0.1     -1.2     -5.8
Nonfarm business        6.4       -1.7      -7.6        0.2     -1.1     -5.8
Manufacturing           5.3       -9.9     -14.4        5.8      4.4      0.5
  Durable               3.9      -16.5     -19.6        8.7      7.3      4.7
  Nondurable            2.0       -3.4      -5.3        2.0      0.7      0.0
------------------------------------------------------------------------------
                              Percent change from same quarter a year ago
                              
Business                1.9       -5.4      -7.1        1.1      2.1     -0.7
Nonfarm business        1.8       -5.6      -7.3        1.3      2.2     -0.6
Manufacturing          -1.3      -15.0     -13.9        6.0      7.0      7.4
  Durable              -5.0      -21.1     -16.9        7.1      8.1     12.7
  Nondurable           -0.2       -8.9      -8.6        4.9      5.9      5.1
------------------------------------------------------------------------------


 Business
  
        Business sector output per hour increased 6.3 percent from the first
quarter to the second quarter of 2009, as output decreased 1.8 percent and
hours of all persons engaged in the sector--employees, proprietors, and 
unpaid family workers--fell 7.5 percent (seasonally adjusted annual rates).  
The productivity increase was the largest since the third quarter of 2003,
when output per hour increased 8.4 percent.  From the second quarter of 2008
to the second quarter of 2009 productivity grew 1.9 percent in the business 
sector, as output fell 5.4 percent and hours fell 7.1 percent (tables A 
and 1).  Business sector productivity had grown at an average annual rate of
2.6 percent from 2000 through 2008.

        Hourly compensation edged up 0.1 percent in the second quarter of 2009
after falling 2.5 percent in the first quarter (seasonally adjusted annual
rates).  Hourly compensation increased 1.1 percent over the last four 
quarters.  This measure of compensation includes accrued wages and salaries,
supplements, employer contributions to employee benefit plans, and taxes. 
Real hourly compensation, which takes into account changes in consumer prices,
fell 1.2 percent during the second quarter of 2009 as consumer prices 
increased 1.3 percent (seasonally adjusted annual rates).

        The change in unit labor costs approximates the change in hourly 
compensation less the change in productivity.  Unit labor costs decreased
at an annual rate of 5.8 percent during the second quarter of 2009.  
The implicit price deflator for the business sector, which reflects changes
in unit labor costs and unit nonlabor payments, decreased 0.1 
percent in the second quarter of 2009 and increased 2.1 percent one quarter
earlier.


Nonfarm Business

        Productivity increased 6.4 percent in the nonfarm business sector
during the second quarter of 2009, reflecting declines of 1.7 percent in 
output and 7.6 percent in hours (seasonally adjusted annual rates).  The
productivity gain was the largest since the third quarter of 2003, when 
productivity grew at a 9.7 percent annual rate.  Over the last four quarters
nonfarm hours have fallen 7.3 percent and output has declined 5.6 percent, 
yielding an increase of 1.8 percent in output per hour (tables A and 2).  
Nonfarm business productivity increased at an annual rate of 2.5 percent from
2000 through 2008.

        Hourly compensation in the nonfarm business sector increased 0.2 
percent in the second quarter of 2009, compared to a decrease of 2.4 percent
one quarter earlier.  When the 1.3 percent rise in consumer prices was taken
into account, real hourly compensation fell 1.1 percent in the second quarter
of 2009 (seasonally adjusted annual rates). 

        Nonfarm business unit labor costs fell 5.8 percent in the second 
quarter of 2009 due entirely to productivity improvement; hourly compensation 
increased slightly.  These costs declined 0.6 percent over the last four 
quarters, as a 1.8 percent increase in output per hour was partially offset by
a 1.3 percent increase in compensation per hour (tables A and 2).  The 
implicit price deflator for nonfarm business output decreased 0.2 percent in
the second quarter of 2009 and increased 1.7 percent from the same quarter a 
year ago.


Manufacturing

        Manufacturing productivity grew 5.3 percent in the second quarter of 
2009, as output fell 9.9 percent and hours worked decreased 14.4 percent 
(seasonally adjusted annual rates).  This was the largest quarterly gain in
manufacturing productivity since the first quarter of 2005, when output per 
hour increased at a 7.3 percent annual rate.  Over the last four quarters, 
manufacturing productivity declined 1.3 percent, as a 15.0 percent drop in 
output was largely offset by a 13.9 percent decline in hours worked (tables A
and 3).  For the entire 2000-2008 period manufacturing productivity increased
at a 3.3 percent annual rate.

        In durable goods industries, productivity rose 3.9 percent in the second
quarter of 2009, as output fell 16.5 percent and hours fell faster, -19.6 
percent.  This was the third consecutive quarter of double-digit declines in
output and hours in the durable manufacturing sector.  In nondurable goods
industries, productivity grew 2.0 percent in the second quarter, reflecting
declines in output and hours of 3.4 percent and 5.3 percent, respectively 
(tables A, 4, and 5).
        
        During the second quarter of 2009, hourly compensation grew 5.8 
percent in total manufacturing, 8.7 percent in durable manufacturing and 2.0
percent in nondurable manufacturing (seasonally adjusted annual rates).  As 
revised, manufacturing hourly compensation increased 2.2 percent in the first
quarter; when consumer prices were taken into account, real hourly 
compensation of all manufacturing workers rose 4.4 percent in the second 
quarter, and 4.6 percent in the first quarter of 2009.

        Unit labor costs in manufacturing increased 0.5 percent in the second
quarter of 2009; a revised increase of 4.9 percent was reported for the first
quarter of 2009.  From the second quarter of 2008 to the second quarter of 
2009, unit labor costs increased 7.4 percent (tables A and 3).  
   
   
Revised measures
   
        In addition to incorporating the most recent information on employment
and hours, consumer prices, and manufacturing output in recent months, the 
measures released today reflect the revised National Income and Product 
Accounts (NIPA) data released by the Bureau of Economic Analysis, U.S. 
Department of Commerce, on July 31.  NIPA output data for the business, 
nonfarm business and nonfinancial corporate sectors were revised historically.
As a result, measures computed by BLS using output, such as productivity, were
revised historically for these sectors.  NIPA compensation data used for all 
sectors were revised back to 1978.  BLS measures involving compensation, 
including hourly compensation, real hourly compensation and unit labor costs,
were revised historically for all sectors.  The compensation data for 
manufacturing sectors for first quarter 2001 forward are on a North American
Industry Classification System (NAICS) basis; data prior to this are on a 
Standard Industrial Classification (SIC) System basis.  The measures involving 
compensation therefore contain a break in series at 2001.  NIPA data on 
employment in government enterprises and the proportion of total compensation
paid to employees of corporations and tax-exempt organizations also led to BLS 
hours revisions back to 1998.  Revised quarterly and annual series for recent
years appear in tables 1-6 and revised annual indexes are displayed in 
appendix tables 1-3.  Full historical annual and quarterly measures can be 
found on the productivity and costs home page http://www.bls.gov/lpc/#data.

        Table B presents previous and revised productivity and related measures
for the major sectors: business, nonfarm business and manufacturing, for the
first quarter of 2009 and for the years 2008 through 2006.


------------------------------------------------------------------------------
Table B. Previous and revised productivity and related measures
Percent changes at annual rates
------------------------------------------------------------------------------  
                                                               Real
                                                     Hourly    hourly    Unit
                        Produc-                      compen-   compen-   labor
Sector                  tivity    Output   Hours     sation    sation    costs
------------------------------------------------------------------------------
                                       First Quarter 2009
Business:                                               
  Previous                1.8      -7.2     -8.8      4.5        7.0       2.7
  Revised                 0.2      -8.7     -8.9     -2.5       -0.1      -2.7
Nonfarm business:                                               
  Previous                1.6      -7.6     -9.0      4.6        7.1       3.0
  Revised                 0.3      -8.8     -9.0     -2.4       -0.1      -2.7
Manufacturing:                                          
  Previous               -2.7     -21.7    -19.5     13.4       16.1      16.6
  Revised                -2.6     -21.8    -19.8      2.2        4.6       4.9

                                       Annual average 2008
Business:                                               
  Previous                2.7       0.8    -1.9      3.6        -0.2       0.9
  Revised                 1.9       0.0    -1.9      2.7        -1.1       0.8
Nonfarm business:                                               
  Previous                2.8       0.8    -1.9      3.7        -0.2       0.9
  Revised                 1.8      -0.1    -1.9      2.8        -1.0       1.0
Manufacturing:                                          
  Previous                0.9      -3.1    -3.9      4.1         0.3       3.2
  Revised                 0.8      -3.1    -3.9      3.0        -0.9       2.1
  
                                       Annual average 2007
Business:                                               
  Previous                1.6       2.0     0.5      4.2         1.3       2.6
  Revised                 1.8       2.2     0.4      4.2         1.3       2.4
Nonfarm business:                                               
  Previous                1.4       2.0     0.5      4.1         1.3       2.7
  Revised                 1.8       2.3     0.5      4.2         1.3       2.3
Manufacturing:                                          
  Previous                3.2       1.3    -1.8      3.6         0.7       0.4
  Revised                 3.2       1.3    -1.8      4.3         1.4       1.1
  
                                       Annual average 2006
Business:                                               
  Previous                0.9       3.0     2.1      3.8         0.5       2.9
  Revised                 1.0       3.1     2.1      3.8         0.5       2.8
Nonfarm business:                                               
  Previous                0.9       3.2     2.2      3.8         0.5       2.8
  Revised                 0.9       3.1     2.2      3.8         0.5       2.8
Manufacturing:                                          
  Previous                1.0       1.8     0.8      4.1         0.8       3.0
  Revised                 1.0       1.8     0.8      2.0        -1.3       0.9
------------------------------------------------------------------------------


         In the first quarter of 2009, for the business and nonfarm business
sectors, output was revised down and hours were virtually the same, resulting
in downward revisions to productivity.  Hourly compensation was revised down 
substantially in both sectors, leading to large downward revisions to unit
labor costs despite the downward revision to productivity.

        In the manufacturing sector, productivity declined slightly less than 
previously reported in the first quarter of 2009, and the full effect of a 
large downward revision to hourly compensation is seen in a corresponding 
downward revision to unit labor costs. 

        For the year 2008, output was revised down in the business and nonfarm
business sectors while hours were not revised, resulting in downward revisions
to productivity.  Similar downward revisions to hourly compensation in these 
sectors offset the productivity revisions, leaving unit labor costs little
changed.  In manufacturing, productivity was little changed while hourly 
compensation and unit labor costs were revised down 1.1 percentage points. 
   
        For 2007, output and productivity for the business and nonfarm
business sectors were revised up, therefore unit labor costs were revised
down.  In manufacturing, hourly compensation and unit labor costs were 
revised up in 2007, and in 2006 these same measures were revised down. 


Revised Measures: Nonfinancial Corporations 

        All measures for nonfinancial corporations were revised historically
due to incorporation of the NIPA revision.  Output, based on the income side 
of the NIPA for nonfinancial corporations, was revised down in the first 
quarter, leading to a corresponding downward revision to productivity 
(table C).  Unit labor costs were revised down as the magnitude of the 
downward revision to productivity was less than a downward revision to hourly
compensation.  Unit profits fell 20.5 percent, rather than 7.2 percent as 
reported June 4.  From the first quarter of 2008 through the first quarter of
2009, productivity increased 0.6 percent (table 6). 

        Output and productivity also were revised down for the year 2008, to 
increases of 0.4 percent and 1.9 percent, respectively.  Because hourly 
compensation was revised down about the same, unit labor costs increased at 
the same 1.1 percent rate reported previously.  As revised, productivity 
increased at an average annual rate of 2.3 percent in the nonfinancial 
corporate sector from 2000 through 2008.


------------------------------------------------------------------------------
Table C. Nonfinancial corporations: Previous and revised productivity and cost
measures
Percent changes at annual rates
------------------------------------------------------------------------------
                                           Real
                                  Hourly   hourly   Unit              Implicit
         Produc-                  compen-  compen-  labor   Unit      price
Sector   tivity   Output  Hours   sation   sation   costs   profits   deflator
------------------------------------------------------------------------------
                                First quarter 2009
                                
Previous  -2.1    -12.3   -10.4     6.3     8.8     8.5     -20.5        6.4
Revised.  -6.0    -15.9   -10.5    -2.5    -0.2     3.7      -7.2        5.3

                                Annual average 2008
                                
Previous   2.8      1.3    -1.5     3.9     0.0     1.1     -10.4        0.0
Revised.   1.9      0.4    -1.5     3.0    -0.8     1.1     -16.3       -0.4

                                Annual average 2007
                                
Previous   0.7      1.4     0.7     4.1     1.2     3.4      -8.8        1.7
Revised.   1.0      1.7     0.7     3.6     0.8     2.6      -9.9        1.7

                                Annual average 2006
                                
Previous   1.8      4.1     2.2     3.6     0.3     1.8      12.6        3.1
Revised.   1.4      3.7     2.3     2.9    -0.4     1.4      11.7        3.1
------------------------------------------------------------------------------



                                Next release date

        The next release of Productivity and Costs is scheduled for 8:30 a.m. 
EDT, Wednesday, Sept. 2, 2009.  Revised second-quarter measures for business, 
nonfarm business, and manufacturing will be released at that time, along with 
preliminary measures for nonfinancial corporations.

        Changes in the presentation of the text sections will be incorporated 
in the next press releases; there will be no changes to the format or content 
of tables 1 through 6.  An example of the new press release format can be 
found at http://www.bls.gov/bls/changes_to_text_sections_of_nrs.htm 





                                TECHNICAL NOTES

Labor Hours: Hours data for the labor productivity and cost measures 
include hours for all persons working in the sector-wage and salary 
workers, the self-employed and unpaid family workers.  The primary source 
of hours and employment data is the BLS Current Employment Statistics 
(CES) program, which provides monthly survey data on the number of jobs 
held by wage and salary workers in nonfarm establishments.  The CES also 
provides average weekly paid hours of production and nonsupervisory 
workers in these establishments.  Weekly paid hours are adjusted to hours 
at work using data from the National Compensation Survey (NCS).  The BLS 
Hours at Work survey, conducted for this purpose, was used for earlier 
years.  The Office of Productivity and Technology estimates average weekly 
hours at work for nonproduction and supervisory workers using information 
from the Current Population Survey (CPS), the CES, and the NCS.

     Data from the CPS are used for farm labor, nonfarm proprietors, and 
nonfarm unpaid family workers.  Estimates of labor input for government 
enterprises are derived from the CPS, the CES, and the National Income and 
Product Accounts (NIPA) prepared by the Bureau of Economic Analysis (BEA) 
of the Department of Commerce.

     The CES measures jobs, counting a person who is employed by two or 
more establishments at each place of employment. In contrast, the CPS 
features measures of employment that count each person only once and 
classify each person according to his or her primary job; hours worked at 
all jobs by that person accrue to his or her primary job.  However, the 
CPS also collects more detailed information on employment and hours worked 
at primary jobs and all other jobs, separately.  The BLS productivity 
measures use the more detailed information on employment and hours to 
assign all hours worked to the correct industrial sector and avoid 
duplicating hours data from the CES.

Output: Business sector output is a chain-type, current-weighted index 
constructed after excluding from gross domestic product (GDP) the 
following outputs: general government, nonprofit institutions, and private 
households (including owner-occupied housing). Corresponding exclusions 
also are made in labor inputs. Business output accounted for about 78 
percent of the value of GDP in 2000. Nonfarm business, which excludes 
farming, accounted for about 77 percent of GDP in 2000.

     Annual indexes for manufacturing and its durable and nondurable goods 
components are constructed by deflating current-dollar industry value of 
production data from the U.S. Bureau of the Census with deflators from the 
BLS.  These deflators are based on data from the BLS producer price 
program and other sources.  The industry shipments are aggregated using 
annual weights, and intrasector transactions are removed.  Quarterly 
manufacturing output measures are based on the index of industrial 
production prepared monthly by the Board of Governors of the Federal 
Reserve System, adjusted to be consistent with annual indexes of 
manufacturing sector output prepared by BLS.  Durables include the 
following 3-digit NAICS industries: wood product manufacturing; 
nonmetallic mineral product manufacturing; primary metal manufacturing; 
fabricated metal product manufacturing; machinery manufacturing; computer 
and electronic product manufacturing; electrical equipment and appliance 
manufacturing; transportation equipment manufacturing; furniture and 
related product manufacturing; and miscellaneous manufacturing. 
Nondurables include: food manufacturing; beverage and tobacco product 
manufacturing; textile mills; textile product mills; apparel 
manufacturing; leather and allied product manufacturing; paper 
manufacturing; printing and related support activities; petroleum and coal 
products manufacturing; chemical manufacturing; and plastics and rubber 
products manufacturing.

     Nonfinancial corporate output is a chain-type, current-weighted index 
calculated on the basis of the costs incurred and the incomes earned from 
production.  The output measure excludes the following outputs from GDP: 
general government; nonprofit institutions; private households; 
unincorporated business; and those corporations classified as offices of 
bank holding companies, offices of other holding companies, or offices in 
the finance and insurance sector. Nonfinancial corporations accounted for 
about 54 percent of the value of GDP in 2000.

Productivity: These productivity measures describe the relationship 
between real output and the labor time involved in its production. They 
show the changes from period to period in the amount of goods and services 
produced per hour. Although these measures relate output to hours at work 
of all persons engaged in a sector, they do not measure the specific 
contribution of labor, capital, or any other factor of production. Rather, 
they reflect the joint effects of many influences, including changes in 
technology; capital investment; level of output; utilization of capacity, 
energy, and materials; the organization of production; managerial skill; 
and the characteristics and effort of the work force.

Labor Compensation: Estimates of labor compensation by major sector, 
required for measures of hourly compensation and unit labor costs, are 
based primarily on employee compensation data from the NIPA, prepared by 
the BEA.  The compensation of employees in general government, nonprofit 
institutions and private households are subtracted from compensation of 
domestic employees to derive employee compensation for the business 
sector. The labor compensation of proprietors cannot be explicitly 
identified and must be estimated.  This is done by assuming that 
proprietors have the same hourly compensation as employees in the same 
sector.  The quarterly labor productivity and cost measures do not contain 
estimates of compensation for unpaid family workers.  
      
Unit Labor Costs:  The measures of unit labor costs in this release 
describe the relationship between compensation per hour and productivity, 
or real output per hour, and can be used as an indicator of inflationary 
pressure on producers.  Increases in hourly compensation increase unit 
labor costs; labor productivity increases offset compensation increases 
and lower unit labor costs. 

Presentation of the data:  The quarterly data in this release are 
presented in three ways; as index number series where 1992=100, as percent 
changes from the corresponding quarter of the previous year, and as 
percent changes from the previous quarter presented at a compound annual 
rate.  Annual data are presented both as index number series and percent 
changes from the previous year.
        The index numbers and rates of change reported in the productivity 
and costs news release are rounded to one decimal place.  All percent 
changes in this release and on the BLS web site are calculated using index 
numbers to three decimal places.  These index numbers are available at the 
BLS web site, http://www.bls.gov/data/home.htm, or by contacting the BLS 
Division of Major Sector Productivity.  (Telephone 202-691-5606 or email 
DPRWEB@BLS.GOV)
      
      Information in this release will be made available to sensory-
impaired individuals upon request.  Voice phone: 202-691-5606; Federal 
Relay Service number: 1-800-877-8339.





Table 1. Business sector: Productivity, hourly compensation, unit labor costs,
and prices, seasonally adjusted
                                                           Real
   Year       Output per             Hours     Compensa-   compensa-   Unit     Unit non-   Implicit
   and        hour of                of all    tion per    tion per    labor    labor pay-  price
   quarter    all persons  Output    persons   hour (1)    hour (2)    costs    ments (3)   deflator (4)
---------------------------------------------------------------------------------------------------------
                                           Indexes 1992=100

2007       I    r139.0     r168.4    r121.2    r175.2      r122.7     r126.0      r136.7     r130.0
          II    r140.2     r169.8    r121.2    r176.5      r122.4     r125.9      r139.4     r130.9
         III    r142.1     r171.4    r120.6    r177.8      r122.6     r125.1      r141.9     r131.4
          IV    r142.6     r172.3    r120.8    r179.6      r122.1     r125.9      r141.9     r131.9

      ANNUAL    r141.0     r170.5    r120.9    r177.3      r122.4     r125.7      r140.0     r131.0

2008       I    r142.7     r171.7    r120.3    r180.3      r121.2     r126.3      r141.7     r132.1
          II    r143.8     r172.2    r119.8    r181.0      r120.4     r125.9      r143.8     r132.5
         III    r143.9     r170.6    r118.6    r183.0      r119.9     r127.2      r145.4     r134.0
          IV    r144.2     r167.4    r116.1    r184.2      r123.3     r127.7      r143.6     r133.6

      ANNUAL    r143.6     r170.5    r118.7    r182.1      r121.1     r126.8      r143.6     r133.0

2009       I    r144.3     r163.6    r113.4    r183.0      r123.3     r126.9      r146.9     r134.3
          II     146.5      162.9     111.2     183.1       122.9      125.0       149.9      134.3
---------------------------------------------------------------------------------------------------------
                       Percent change from previous quarter at annual rate(5)

2007       I      r0.9       r0.8     r-0.1      r4.4        r0.6       r3.5        r4.8        4.0
          II      r3.5       r3.5       0.0      r3.1       r-1.1      r-0.4        r8.0       r2.8
         III      r5.5       r3.7      -1.7      r3.0        r0.6      r-2.4        r7.4       r1.4
          IV      r1.6       r2.1       0.5      r4.3       r-1.4       r2.6        r0.2       r1.6

      ANNUAL      r1.8       r2.2      r0.4       4.2         1.3       r2.4        r3.0       r2.6

2008       I      r0.2      r-1.3      -1.5      r1.5       r-3.0       r1.3       r-0.5       r0.6
          II      r3.1       r1.1      -1.9      r1.6       r-2.8      r-1.5        r5.9       r1.4
         III      r0.3      r-3.7      -4.0      r4.5       r-1.6       r4.2        r4.5       r4.3
          IV      r0.8      r-7.2      -8.0      r2.6       r12.0       r1.8       r-4.9      r-1.0

      ANNUAL      r1.9       r0.0      -1.9      r2.7       r-1.1       r0.8        r2.6       r1.5

2009       I      r0.2      r-8.7     r-8.9     r-2.5       r-0.1      r-2.7        r9.5       r2.1
          II       6.3       -1.8      -7.5       0.1        -1.2       -5.8         8.6       -0.1
---------------------------------------------------------------------------------------------------------
                      Percent change from corresponding quarter of previous year

2007       I      r0.3       r1.5      r1.1      r4.0        r1.6       r3.7        r1.6       r2.9
          II      r1.0       r2.0      r0.9      r4.4        r1.7       r3.3        r1.9       r2.8
         III      r3.0        3.0      r0.0      r4.8        r2.4       r1.7        r3.3       r2.4
          IV      r2.9       r2.5      -0.3       3.7        -0.3       r0.8        r5.1       r2.5

      ANNUAL      r1.8       r2.2      r0.4       4.2         1.3       r2.4        r3.0       r2.6

2008       I      r2.7       r2.0      -0.7      r2.9       r-1.2       r0.2        r3.7       r1.6
          II      r2.6       r1.4      -1.2      r2.6       r-1.7       r0.0        r3.2       r1.2
         III      r1.3      r-0.5      -1.7      r2.9       r-2.2        1.6        r2.5       r2.0
          IV      r1.1      r-2.8      -3.9      r2.5        r1.0       r1.4        r1.2       r1.3

      ANNUAL      r1.9       r0.0      -1.9      r2.7       r-1.1       r0.8        r2.6       r1.5

2009       I      r1.1      r-4.7      -5.7      r1.5        r1.7       r0.4        r3.6       r1.7
          II       1.9       -5.4      -7.1       1.1         2.1       -0.7         4.3        1.3
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                       August 11, 2009
r=revised                                                              Source: Bureau of Labor Statistics






Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs,
and prices, seasonally adjusted
                                                           Real
   Year       Output per             Hours     Compensa-   compensa-   Unit     Unit non-   Implicit
   and        hour of                of all    tion per    tion per    labor    labor pay-  price
   quarter    all persons  Output    persons   hour (1)    hour (2)    costs    ments (3)   deflator (4)
---------------------------------------------------------------------------------------------------------
                                           Indexes 1992=100

2007       I    r138.2     r168.8    r122.1    r174.2      r122.1     r126.0      r138.2     r130.5
          II    r139.2     r170.3    r122.4    r175.1      r121.4     r125.8      r140.9     r131.4
         III    r141.1     r172.0    r121.9    r176.3      r121.5     r125.0      r143.3     r131.7
          IV    r141.8     r172.8    r121.9    r178.5      r121.3     r125.9      r143.0     r132.2

      ANNUAL    r140.1     r171.0    r122.1    r176.0      r121.6     r125.7      r141.4     r131.5

2008       I    r141.7     r172.0    r121.4    r179.2      r120.5     r126.4      r142.5     r132.3
          II    r142.8     r172.6    r120.8    r179.8      r119.6     r125.9      r144.9     r132.9
         III    r142.8     r170.8    r119.6    r181.8      r119.1     r127.3      r146.6     r134.4
          IV    r143.1     r167.5    r117.0    r183.1      r122.6     r128.0      r145.3     r134.3

      ANNUAL    r142.6     r170.7    r119.7    r181.0      r120.4     r126.9      r144.8     r133.5

2009       I    r143.2     r163.7    r114.3    r182.0      r122.6     r127.1      r149.2     r135.2
          II     145.5      163.0     112.1     182.1       122.2      125.2       152.3      135.1
---------------------------------------------------------------------------------------------------------
                       Percent change from previous quarter at annual rate(5)

2007       I      r1.2       r0.9     r-0.3      r4.7        r0.8       r3.5        r3.9       r3.6
          II      r2.8       r3.7       0.9      r2.0       r-2.1      r-0.7        r8.1       r2.7
         III      r5.5       r3.9      -1.5      r2.7        r0.3      r-2.7        r7.0       r1.1
          IV      r2.0       r1.8      -0.2      r5.0       r-0.7       r3.0       r-0.9       r1.4

      ANNUAL      r1.8       r2.3       0.5      r4.2         1.3       r2.3        r2.4       r2.3

2008       I     r-0.1      r-1.7     r-1.6      r1.7       r-2.8       r1.7       r-1.5       r0.5
          II      r3.1       r1.3      -1.7      r1.3       r-3.0      r-1.8         6.9       r1.6
         III     r-0.1      r-4.0      -3.9      r4.5       r-1.6       r4.6        r4.7       r4.6
          IV      r0.8      r-7.6      -8.3      r2.9       r12.3       r2.0       r-3.5      r-0.2

      ANNUAL      r1.8      r-0.1      -1.9      r2.8       r-1.0       r1.0        r2.4       r1.5

2009       I      r0.3      r-8.8      -9.0     r-2.4       r-0.1      r-2.7       r11.3       r2.7
          II       6.4       -1.7      -7.6       0.2        -1.1       -5.8         8.6       -0.2
---------------------------------------------------------------------------------------------------------
                      Percent change from corresponding quarter of previous year

2007       I      r0.5       r1.5      r0.9      r4.3        r1.8       r3.7        r1.0       r2.7
          II      r1.1       r2.1       1.1      r4.3        r1.6       r3.1        r1.3       r2.4
         III      r2.9       r3.2      r0.2      r4.6        r2.2       r1.6        r2.8       r2.1
          IV      r2.8       r2.6      -0.3       3.6        -0.4       r0.7        r4.5       r2.2

      ANNUAL      r1.8       r2.3       0.5      r4.2         1.3       r2.3        r2.4       r2.3

2008       I      r2.5       r1.9      -0.6      r2.9       r-1.3       r0.3        r3.1       r1.4
          II      r2.6       r1.3      -1.3      r2.7       r-1.5        0.1        r2.8       r1.1
         III      r1.2      r-0.7      -1.9      r3.1       r-2.0       r1.9        r2.3       r2.0
          IV      r0.9      r-3.0      -4.0      r2.6        r1.0       r1.6        r1.6       r1.6

      ANNUAL      r1.8      r-0.1      -1.9      r2.8       r-1.0       r1.0        r2.4       r1.5

2009       I      r1.0      r-4.8      -5.8      r1.5        r1.7       r0.5        r4.7        2.2
          II       1.8       -5.6      -7.3       1.3         2.2       -0.6         5.1        1.7
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                       August 11, 2009
r=revised                                                              Source: Bureau of Labor Statistics






Table 3. Manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
                                                                            Real
     Year           Output per                  Hours       Compensa-       compensa-      Unit 
     and            hour of                     of all      tion per        tion per       labor
     quarter        all persons     Output      persons     hour (1)        hour (2)       costs
--------------------------------------------------------------------------------------------------
                                             Indexes 1992=100

2007       I            176.9        148.0         83.7       r156.1         r109.3         r88.2
          II            178.2        149.3         83.8       r156.1         r108.2         r87.6
         III            180.1        150.3         83.4       r156.1         r107.6         r86.7
          IV            181.6        150.4         82.8       r158.6         r107.8         r87.3

      ANNUAL            179.2        149.5         83.4       r156.7         r108.2         r87.4

2008       I            182.8        149.9         82.0       r158.6         r106.6         r86.8
          II            181.6        148.0         81.5       r159.7         r106.2         r87.9
         III            180.3        144.4         80.1       r161.4         r105.7         r89.5
          IV           r178.1       r137.2         77.0       r166.0         r111.2         r93.2

      ANNUAL           r180.7       r144.9         80.2       r161.3         r107.3         r89.3

2009       I            177.0       r129.0        r72.9       r166.9         r112.4         r94.3
          II            179.2        125.7         70.1        169.3          113.7          94.5
--------------------------------------------------------------------------------------------------
                         Percent change from previous quarter at annual rate(5)

2007       I              3.7          1.8         -1.9         r8.2           r4.2          r4.3
          II              3.0          3.4          0.4         r0.0          r-4.1         r-3.0
         III              4.4          2.7         -1.6         r0.1          r-2.2         r-4.1
          IV              3.3          0.3         -2.9         r6.5           r0.7          r3.1

      ANNUAL              3.2          1.3         -1.8         r4.3           r1.4          r1.1

2008       I              2.6         -1.2         -3.7         r0.1          r-4.3         r-2.5
          II             -2.5         -5.2         -2.7         r2.8          r-1.6          r5.4
         III             -2.9         -9.3         -6.5         r4.3          r-1.7          r7.5
          IV            r-4.7       r-18.4        -14.4        r12.0          r22.2         r17.5

      ANNUAL             r0.8         -3.1         -3.9         r3.0          r-0.9          r2.1

2009       I            r-2.6       r-21.8       r-19.8         r2.2           r4.6          r4.9
          II              5.3         -9.9        -14.4          5.8            4.4           0.5
--------------------------------------------------------------------------------------------------
                     Percent change from corresponding quarter of previous year

2007       I              2.5          0.4         -2.0         r4.3           r1.9          r1.8
          II              3.3          1.3         -2.0         r4.9           r2.1          r1.5
         III              3.3          1.6         -1.6         r4.5           r2.1          r1.2
          IV              3.6          2.0         -1.5         r3.6          r-0.4          r0.0

      ANNUAL              3.2          1.3         -1.8         r4.3           r1.4          r1.1

2008       I              3.3          1.3         -2.0         r1.6          r-2.5         r-1.7
          II              1.9         -0.9         -2.7         r2.3          r-1.9          r0.4
         III              0.1         -3.9         -4.0         r3.4          r-1.8          r3.3
          IV             -1.9         -8.7         -7.0         r4.7           r3.1          r6.7

      ANNUAL             r0.8         -3.1         -3.9         r3.0          r-0.9          r2.1

2009       I             -3.2        -13.9       r-11.1         r5.3           r5.5          r8.7
          II             -1.3        -15.0        -13.9          6.0            7.0           7.4
--------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                August 11, 2009
r=revised                                                       Source: Bureau of Labor Statistics






Table 4. Durable manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
                                                                            Real
     Year           Output per                  Hours       Compensa-       compensa-      Unit 
     and            hour of                     of all      tion per        tion per       labor
     quarter        all persons     Output      persons     hour (1)        hour (2)       costs
--------------------------------------------------------------------------------------------------
                                             Indexes 1992=100

2007       I            204.1        180.4         88.4       r159.8         r112.0         r78.3
          II            206.9        183.0         88.5       r159.1         r110.3         r76.9
         III            209.7        185.0         88.2       r159.3         r109.8         r76.0
          IV            212.9        185.7         87.2       r161.8         r110.0         r76.0

      ANNUAL            208.4        183.5         88.1       r160.0         r110.5         r76.8

2008       I            213.6        185.3         86.8       r161.2         r108.4         r75.5
          II            211.1        181.8         86.1       r162.8         r108.3         r77.1
         III            212.2        178.1         83.9       r165.2         r108.2         r77.8
          IV           r204.3       r165.1         80.8       r169.4         r113.4         r82.9

      ANNUAL           r210.4       r177.6         84.4       r164.5         r109.4         r78.2

2009       I           r198.7       r150.1        r75.6       r170.7         r115.0         r85.9
          II            200.6        143.5         71.5        174.4          117.0          86.9
--------------------------------------------------------------------------------------------------
                         Percent change from previous quarter at annual rate(5)

2007       I              4.2          1.2         -2.9        r10.0           r6.0          r5.6
          II              5.6          6.0          0.4        r-1.7          r-5.7         r-6.9
         III              5.6          4.4         -1.1         r0.4          r-1.9         r-4.9
          IV              6.3          1.4         -4.5          6.3            0.5          r0.1

      ANNUAL              4.0          1.8         -2.1         r4.7           r1.8          r0.7

2008       I              1.2         -0.9         -2.0        r-1.4          r-5.7         r-2.5
          II             -4.6         -7.3         -2.9         r4.1          r-0.4          r9.1
         III              2.2         -7.9         -9.9         r6.0          r-0.2          r3.6
          IV           r-14.2        -26.2        -14.1         10.5          r20.6         r28.8

      ANNUAL              0.9         -3.3         -4.2         r2.8          r-1.0          r1.9

2009       I           r-10.5       r-31.5       r-23.5         r3.3           r5.7         r15.4
          II              3.9        -16.5        -19.6          8.7            7.3           4.7
--------------------------------------------------------------------------------------------------
                     Percent change from corresponding quarter of previous year

2007       I              2.6          0.3         -2.3         r4.9           r2.4          r2.2
          II              4.1          1.4         -2.6         r5.3           r2.6          r1.2
         III              4.0          2.3         -1.6         r5.0           r2.7          r1.0
          IV              5.4          3.2         -2.1         r3.7          r-0.3         r-1.6

      ANNUAL              4.0          1.8         -2.1         r4.7           r1.8          r0.7

2008       I              4.6          2.7         -1.8         r0.9          r-3.2         r-3.6
          II              2.0         -0.7         -2.6         r2.3          r-1.9          r0.3
         III              1.2         -3.7         -4.9         r3.7          r-1.5          r2.5
          IV            r-4.1        -11.1         -7.3         r4.7           r3.1          r9.1

      ANNUAL              0.9         -3.3         -4.2         r2.8          r-1.0          r1.9

2009       I             -6.9       r-19.0       r-12.9         r5.9           r6.1         r13.8
          II             -5.0        -21.1        -16.9          7.1            8.1          12.7
--------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                August 11, 2009
r=revised                                                       Source: Bureau of Labor Statistics







Table 5. Nondurable manufacturing sector: Productivity, hourly compensation, and unit labor costs,
seasonally adjusted
                                                                            Real
     Year           Output per                  Hours       Compensa-       compensa-      Unit 
     and            hour of                     of all      tion per        tion per       labor
     quarter        all persons     Output      persons     hour (1)        hour (2)       costs
--------------------------------------------------------------------------------------------------
                                             Indexes 1992=100

2007       I            151.3        115.9         76.6       r148.4         r104.0         r98.1
          II            151.4        116.0         76.7       r149.6         r103.8         r98.9
         III            152.6        116.3         76.2       r149.4         r103.0         r97.9
          IV            152.3        116.0         76.2       r152.0         r103.3         r99.8

      ANNUAL            151.9        116.1         76.4       r149.9         r103.5         r98.7

2008       I            154.3        115.6         74.9       r153.0         r102.8         r99.1
          II            154.2        114.8         74.4       r153.1         r101.8         r99.3
         III            150.1        111.6         74.4       r153.9         r100.8        r102.5
          IV           r152.3       r108.7         71.4       r159.3         r106.6        r104.6

      ANNUAL           r152.7       r112.7         73.8       r154.8         r102.9        r101.3

2009       I           r153.1       r105.5        r69.0       r159.7         r107.6        r104.4
          II            153.8        104.6         68.0        160.6          107.8         104.4
--------------------------------------------------------------------------------------------------
                         Percent change from previous quarter at annual rate(5)

2007       I              2.4          2.4          0.0         r4.9           r1.1          r2.4
          II              0.3          0.7          0.4         r3.3          r-0.9          r3.0
         III              3.4          0.8         -2.5        r-0.6          r-2.9         r-3.9
          IV             -0.9         -0.9          0.0         r7.1           r1.3          r8.0

      ANNUAL              2.0          0.9         -1.1         r3.6           r0.8          r1.6

2008       I              5.4         -1.4         -6.5         r2.6          r-1.9         r-2.7
          II             -0.4         -2.8         -2.5         r0.2          r-4.1          r0.6
         III            -10.2        -10.6         -0.5         r2.1          r-3.8         r13.7
          IV             r6.0        r-9.9        -15.0        r14.7          r25.2          r8.2

      ANNUAL              0.6         -2.9         -3.4         r3.3          r-0.6          r2.7

2009       I             r2.0       r-11.3       r-13.0         r1.2           r3.6         r-0.7
          II              2.0         -3.4         -5.3          2.0            0.7           0.0
--------------------------------------------------------------------------------------------------
                     Percent change from corresponding quarter of previous year

2007       I              2.3          0.7         -1.6         r3.4           r0.9          r1.1
          II              2.1          1.2         -0.9         r4.1           r1.4          r2.0
         III              2.5          0.9         -1.6         r3.4           r1.1          r0.9
          IV              1.3          0.8         -0.5         r3.7          r-0.4          r2.3

      ANNUAL              2.0          0.9         -1.1         r3.6           r0.8          r1.6

2008       I              2.0         -0.2         -2.2         r3.1          r-1.1          r1.0
          II              1.9         -1.1         -2.9         r2.3          r-1.9          r0.4
         III             -1.7         -4.0         -2.4         r3.0          r-2.1          r4.7
          IV              0.0        r-6.3         -6.3         r4.8           r3.2          r4.8

      ANNUAL              0.6         -2.9         -3.4         r3.3          r-0.6          r2.7

2009       I             -0.8        r-8.7         -8.0         r4.4           r4.6          r5.3
          II             -0.2         -8.9         -8.6          4.9            5.9           5.1
--------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                August 11, 2009
r=revised                                                       Source: Bureau of Labor Statistics






Table 6. Nonfinancial corporate sector: Productivity, hourly compensation, unit labor costs, unit profits,
and prices, seasonally adjusted
              Output                      Hourly    Real                Unit     Total    Unit   Implicit
    Year      per all-                    compen-   hourly     Unit     non-     unit     pro-   price
    and       employee          Employee  sation    compen-    labor    labor    costs    fits   deflator
    quarter   hour      Output  hours      (1)      sation(2)  costs    costs(6) (7)      (8)      (4)
----------------------------------------------------------------------------------------------------------
                                             Indexes 1992=100

2007       I   r143.5   r175.1    r122.0   r164.2    r115.0    r114.4   r123.1   r116.8   r171.2   r121.8
          II   r144.5   r176.5    r122.1   r165.2    r114.6    r114.4   r124.9   r117.2   r171.8   r122.2
         III   r144.1   r175.8    r122.0   r166.2    r114.5    r115.3   r127.4   r118.6   r155.6   r122.0
          IV   r145.9   r178.5    r122.3   r168.3    r114.4    r115.3   r127.9   r118.7   r149.9   r121.6

      ANNUAL   r144.5   r176.5    r122.1   r166.0    r114.6    r114.9   r125.8   r117.8   r162.1   r121.9

2008       I   r145.0   r176.9    r122.0   r168.6    r113.4    r116.3   r129.1   r119.8   r133.0   r121.0
          II   r147.4   r178.8    r121.3   r169.7    r112.9    r115.1   r129.2   r118.9   r134.7   r120.4
         III   r148.6   r178.4    r120.1   r171.8    r112.5    r115.6   r129.8   r119.4   r145.3   r121.8
          IV   r148.0   r174.6    r117.9   r173.7    r116.3    r117.3   r134.1   r121.8   r129.5   r122.5

      ANNUAL   r147.2   r177.2    r120.3   r170.9    r113.7    r116.1   r130.5   r120.0   r135.7   r121.4

2009       I   r145.8   r167.2    r114.7   r172.6    r116.2    r118.4   r138.6   r123.8   r127.1   r124.1
----------------------------------------------------------------------------------------------------------
                             Percent change from previous quarter at annual rate(5)

2007       I    r-0.2     r0.2       0.4     r4.3      r0.4      r4.5     r7.5     r5.3   r-10.2     r3.2
          II     r2.8     r3.2       0.4     r2.5     r-1.6     r-0.3     r5.8     r1.4     r1.5     r1.4
         III    r-1.1    r-1.5      -0.4     r2.3     r-0.1      r3.4     r8.2     r4.8   r-32.7    r-0.7
          IV     r5.3     r6.2       0.9     r5.3     r-0.4      r0.0     r1.5     r0.5   r-13.8    r-1.3

      ANNUAL     r1.0     r1.7       0.7     r3.6      r0.8      r2.6     r5.8     r3.5    r-9.9      1.7

2008       I    r-2.7    r-3.6     r-1.0     r0.7     r-3.7      r3.5     r3.9     r3.6   r-38.0    r-1.9
          II     r6.9     r4.4     r-2.4     r2.6     r-1.8     r-4.0     r0.5    r-2.7     r5.0    r-2.0
         III     r3.2    r-0.8      -3.9     r4.9     r-1.2      r1.6     r1.8     r1.6    r35.5     r4.8
          IV    r-1.4    r-8.3      -6.9     r4.6     r14.1      r6.1    r13.9     r8.3   r-37.0     r2.4

      ANNUAL     r1.9     r0.4      -1.5     r3.0     r-0.8       1.1     r3.7     r1.8   r-16.3    r-0.4

2009       I    r-6.0   r-15.9    r-10.5    r-2.5     r-0.2      r3.7    r14.2     r6.7    r-7.2     r5.3
----------------------------------------------------------------------------------------------------------
                          Percent change from corresponding quarter of previous year

2007       I     r0.3     r1.4       1.1     r3.3      r0.8      r2.9     r5.5     r3.7    r-3.0     r2.8
          II     r1.7     r2.6       0.9     r3.7      r1.0      r2.0     r5.0     r2.8    r-2.2     r2.1
         III     r0.5     r0.9       0.4     r4.0      r1.6      r3.5     r7.0     r4.5   r-18.7     r1.1
          IV     r1.6     r2.0       0.3     r3.6     r-0.4      r1.9     r5.7     r3.0   r-14.7     r0.6

      ANNUAL     r1.0     r1.7       0.7     r3.6      r0.8      r2.6     r5.8     r3.5    r-9.9      1.7

2008       I     r1.0     r1.0       0.0     r2.7     r-1.5      r1.7     r4.8     r2.6   r-22.3    r-0.6
          II     r2.0     r1.3      -0.7     r2.7     r-1.5      r0.7     r3.5     r1.5   r-21.6    r-1.5
         III     r3.1     r1.5      -1.6     r3.4     r-1.8      r0.2     r1.9     r0.7    r-6.6    r-0.1
          IV     r1.4    r-2.2     r-3.6     r3.2      r1.6       1.7     r4.9     r2.6   r-13.6     r0.8

      ANNUAL     r1.9     r0.4      -1.5     r3.0     r-0.8       1.1     r3.7     r1.8   r-16.3    r-0.4

2009       I     r0.6    r-5.5     r-6.0     r2.3      r2.5      r1.8     r7.4     r3.4    r-4.5     r2.6
----------------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                        August 11, 2009
r=revised                                                               Source: Bureau of Labor Statistics








SOURCES:  Output data are from the Bureau of Economic Analysis and the 
Census Bureau of the U.S. Department of Commerce; the Bureau of Labor 
Statistics, U.S. Department of Labor; and the Federal Reserve Board.  
Compensation and hours data are from the Bureau of Labor Statistics and 
the Bureau of Economic Analysis.

RELIABILITY:  Productivity and cost measures are regularly revised as 
more complete information becomes available.  The measures are first 
published within 40 days of the close of the reference period; revisions 
appear 30 days later, and second revisions after an additional 60 days.  
In the business sector, the third publication (second revision) of a 
quarterly index of output per hour of all persons has differed from the 
initial value by between -1.5 and +1.4 index points approximately 95 
percent of the time.  This interval is based on the performance of this 
measure between the fourth quarter of 1995 and the first quarter of 2009.



			Footnotes, Tables 1-6
			
			
(1)  Wages and salaries of employees plus employers' contributions for 
social insurance and private benefit plans.  Except for nonfinancial 
corporations, where there are no self-employed, data also include an 
estimate of wages, salaries, and supplemental payments for the self-
employed.

(2)  The change for recent quarters is based on the Consumer Price Index 
for all urban consumers (CPI-U).  The trend from 1978-2008 is based on the
Consumer Price Index research series (CPI-U-RS).

(3)  Unit nonlabor payments include profits, consumption of fixed 
capital, taxes on production and imports less subsidies, net interest and 
miscellaneous payments, business current transfer payments, rental income 
of persons, and the current surplus of government enterprises.

(4)  Current dollar output divided by the output index.

(5)  Quarterly changes:  Percent change compounded at annual rate is 
calculated using index numbers to three decimal places.  Indexes 
published in the news release are rounded to one decimal place for 
convenience.  Annual changes:  Percent change is calculated using annual 
average indexes to three decimal places.

(6)  Unit nonlabor costs include consumption of fixed capital, taxes on 
production and imports less subsidies, net interest and miscellaneous 
payments, and business current transfer payments.

(7)  Total unit costs are the sum of unit labor and nonlabor costs.

(8)  Unit profits include corporate profits before tax with inventory 
valuation and capital consumption adjustments.


Appendix table 1. Business sector: Productivity, hourly compensation, unit labor costs, and prices
 Indexes 1992=100
                                                            Real
                Output per            Hours     Compensa-   compensa-  Unit      Unit non-   Implicit
                hour of               of all    tion per    tion per   labor     labor pay-  price
       Year     all persons  Output   persons   hour (1)    hour (2)   costs     ments (3)   deflator (4)
  -------------------------------------------------------------------------------------------------------
       1947       r32.2      r20.4      63.4       r7.0      r41.2     r21.8        r18.5      r20.6
       1948       r33.7      r21.5      63.8       r7.6      r41.3     r22.6        r20.6      r21.9
       1949       r34.5      r21.3      61.8       r7.7      r42.4     r22.4        r20.4      r21.6

       1950       r37.4      r23.4      62.6       r8.3      r44.8     r22.1        r21.5      r21.9
       1951       r38.5      r24.9      64.6       r9.1      r45.5     r23.5        r23.7      r23.6
       1952       r39.6      r25.7      64.8       r9.6      r47.4     r24.3        r23.1      r23.8
       1953       r41.1      r26.9      65.6      r10.2      r50.0     r24.9        r22.5      r24.0
       1954       r41.9      r26.6      63.4      r10.6      r51.3     r25.2        r22.4      r24.1

       1955       r43.7      r28.7      65.8      r10.8      r52.8     r24.8        r23.9      r24.5
       1956       r43.8      r29.2      66.8      r11.5      r55.4     r26.4        r23.4      r25.3
       1957       r45.1      r29.7      65.8      r12.3      r57.1     r27.2        r24.1      r26.1
       1958       r46.4      r29.2      62.9      r12.8      r58.0     r27.6        r24.6      r26.5
       1959       r48.2      r31.6      65.5      r13.4      r60.0     r27.7        r25.1      r26.7

       1960       r49.1      r32.2      65.6      r13.9      r61.4     r28.4        r24.7      r27.0
       1961       r50.8      r32.8      64.6      r14.5      r63.2     r28.5        r25.1      r27.2
       1962       r53.1      r34.9      65.8      r15.1      r65.3     r28.4        r25.9      r27.5
       1963       r55.2      r36.5      66.2      r15.6      r66.8     r28.3        r26.5      r27.7
       1964       r57.0      r38.9      68.1      r16.2      r68.4     r28.5        r27.2      r28.0

       1965       r59.1      r41.6      70.4      r16.8      r69.8     r28.5        r28.3      r28.4
       1966       r61.5      r44.4      72.3      r18.0      r72.4     r29.2        r28.9      r29.1
       1967       r62.8      r45.3      72.1      r19.0      r74.3     r30.2        r29.4      r29.9
       1968       r65.0      r47.5      73.2      r20.5      r77.0     r31.6        r30.3      r31.1
       1969       r65.3      r49.0      75.0      r22.0      r78.1     r33.6        r30.7      r32.5

       1970       r66.6      r49.0      73.5      r23.6      r79.6     r35.5        r31.3      r33.9
       1971       r69.3      r50.8      73.3      r25.1      r81.0     r36.2        r33.9      r35.4
       1972       r71.6      r54.1      75.6      r26.7      r83.5     r37.3        r35.4      r36.6
       1973       r73.7      r57.9      78.5      r29.0      r85.2     r39.3        r37.3      r38.5
       1974       r72.5      r57.0      78.7      r31.8      r84.1     r43.8        r39.7      r42.3

       1975       r75.1      r56.5      75.3      r35.0      r85.0     r46.6        r46.0      r46.4
       1976       r77.5      r60.2      77.8      r38.0      r87.3     r49.1        r48.4      r48.8
       1977       r78.8      r63.6      80.7      r41.1      r88.5     r52.1        r51.2      r51.8
       1978       r79.6      r67.6      84.9      r44.6      r89.9     r56.0        r54.5      r55.4
       1979       r79.6      r69.8      87.7      r48.9      r89.9     r61.4        r58.0      r60.1

       1980       r79.4      r69.1      87.0      r54.1      r89.5     r68.1        r61.2      r65.6
       1981       r81.1      r71.0      87.6      r59.2      r89.5     r73.1        r69.1      r71.6
       1982       r80.4      r68.8      85.6      r63.5      r90.5     r79.0        r70.1      r75.7
       1983       r83.3      r72.5      87.1      r66.1      r90.3     r79.4        r76.4      r78.3
       1984       r85.5      r78.8      92.2      r68.9      r90.5     r80.6        r80.4      r80.5

       1985       r87.5      r82.5      94.3      r72.1      r91.6     r82.5        r82.4      r82.4
       1986       r90.0      r85.6      95.1      r75.8      r94.5     r84.3        r82.9      r83.8
       1987       r90.3      r88.4      97.9      r78.6      r94.8     r87.1        r83.7      r85.8
       1988       r91.6      r92.2     100.6      r82.7      r96.2     r90.3        r85.6      r88.5
       1989       r92.6      r95.6     103.3      r84.9      r94.7     r91.7        r91.9      r91.8

       1990       r94.5      r97.1     102.7      r90.3      r96.0     r95.6        r94.1      r95.0
       1991       r96.0      r96.2     100.2      r95.0      r97.4     r98.9        r96.7      r98.1
       1992       100.0      100.0     100.0      100.0      100.0     100.0        100.0      100.0
       1993      r100.5     r103.2     102.7     r102.2      r99.8    r101.7       r102.4     r102.0
       1994      r101.4     r108.3     106.8     r103.8      r99.2    r102.3       r106.1     r103.7

       1995      r101.5     r111.3     109.7     r105.9      r98.8    r104.4       r107.6     r105.6
       1996      r104.4     r116.4     111.5     r109.5      r99.5    r104.9       r111.3     r107.3
       1997      r106.3     r122.4     115.2     r113.1     r100.6    r106.4       r113.3     r109.0
       1998      r109.4     r128.6    r117.5     r120.0     r105.3    r109.6       r109.8     r109.7
       1999      r113.3     r135.7    r119.8     r125.4     r107.8    r110.7       r110.5     r110.6

       2000      r117.2     r141.9    r121.0     r134.6     r111.9    r114.8       r108.9     r112.6
       2001      r120.7     r143.0    r118.4     r140.9     r114.0    r116.7       r111.0     r114.6
       2002      r126.2     r145.8    r115.6     r145.3     r115.6    r115.1       r116.1     r115.5
       2003      r131.0     r150.3    r114.7     r152.3     r118.6    r116.2       r118.7     r117.1
       2004      r134.9     r156.5    r116.1     r157.6     r119.5    r116.9       r125.8     r120.2

       2005      r137.1     r161.8    r118.0     r163.8     r120.2    r119.5       r131.9     r124.1
       2006      r138.5     r166.8    r120.4     r170.1     r120.8    r122.8       r135.9     r127.7
       2007      r141.0     r170.5    r120.9     r177.3     r122.4    r125.7       r140.0     r131.0
       2008      r143.6     r170.5    r118.7     r182.1     r121.1    r126.8       r143.6     r133.0
 ------------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                    August 11, 2009
 r=revised                                                           Source: Bureau of Labor Statistics




Appendix table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices
 Indexes 1992=100
                                                            Real
                Output per            Hours     Compensa-   compensa-  Unit      Unit non-   Implicit
                hour of               of all    tion per    tion per   labor     labor pay-  price
       Year     all persons  Output   persons   hour (1)    hour (2)   costs     ments (3)   deflator (4)
  -------------------------------------------------------------------------------------------------------
       1947       r37.0      r20.1      54.2       r7.5      r43.8     r20.2        r17.8      r19.3
       1948       r38.1      r21.0      55.1       r8.1      r44.0     r21.3        r19.4      r20.6
       1949       r39.3      r20.8      53.0       r8.4      r45.9     r21.3        r19.9      r20.8

       1950       r42.0      r22.9      54.7       r8.9      r48.0     r21.1        r20.8      r21.0
       1951       r43.1      r24.7      57.2       r9.6      r48.3     r22.3        r22.4       22.4
       1952       r43.9      r25.4      57.9      r10.2      r50.0     r23.2        r22.3      r22.8
       1953       r44.9      r26.6      59.3      r10.7      r52.4     r23.9        r22.2      r23.3
       1954       r45.7      r26.2      57.3      r11.1      r53.7     r24.2        r22.2      r23.5

       1955       r47.7      r28.4      59.6      r11.5      r55.9     r24.1        r23.6      r23.9
       1956       r47.3      r28.9      61.1      r12.2      r58.4     r25.7        r23.0      r24.7
       1957       r48.5      r29.5      60.7      r12.9      r59.8     r26.5        r23.8      r25.5
       1958       r49.6      r28.9      58.2      r13.4      r60.5     r27.0        r24.0      r25.9
       1959       r51.5      r31.4      60.9      r13.9      r62.4     r27.0        r24.9      r26.2

       1960       r52.1      r31.9      61.2      r14.5      r64.0     r27.8        r24.2      r26.5
       1961       r53.7      r32.5      60.6      r15.0      r65.5     r27.9        r24.7      r26.7
       1962       r56.2      r34.8      61.9      r15.6      r67.4     r27.7        r25.7      r27.0
       1963       r58.1      r36.4      62.6      r16.1      r68.8     r27.7        r26.2      r27.2
       1964       r59.8      r38.8      64.9      r16.6      r70.0     r27.8        r27.1      r27.5

       1965       r61.7      r41.6      67.4      r17.2      r71.2     r27.8        r28.0      r27.9
       1966       r63.9      r44.6      69.8      r18.2      r73.3     r28.5        r28.6      r28.5
       1967       r65.0      r45.3      69.7      r19.3      r75.3     r29.6        r29.1      r29.4
       1968       r67.2      r47.7      71.0      r20.8      r77.9     r30.9        r30.1      r30.6
       1969       r67.3      r49.2      73.0      r22.2      r78.9     r32.9        r30.3      r32.0

       1970       r68.3      r49.1      71.9      r23.8      r80.0     r34.8        r31.0      r33.4
       1971       r71.1      r51.0      71.7      r25.3      r81.5     r35.6        r33.5      r34.8
       1972       r73.4      r54.4      74.0      r26.9      r84.1     r36.7        r34.7      r35.9
       1973       r75.7      r58.3      77.0      r29.1      r85.6     r38.4        r35.1      r37.2
       1974       r74.5      r57.5      77.2      r31.9      r84.6     r42.9        r37.9      r41.0

       1975       r76.6      r56.6      73.9      r35.2      r85.4     r45.9        r44.6      r45.4
       1976       r79.1      r60.5      76.5      r38.1      r87.5     r48.2        r47.5      r47.9
       1977       r80.4      r63.9      79.5      r41.2      r88.9     r51.3        r50.4      r51.0
       1978       r81.4      r68.1      83.7      r44.9      r90.4     r55.1        r53.1      r54.4
       1979       r81.1      r70.2      86.6      r49.1      r90.2     r60.5        r56.3      r59.0

       1980       r80.9      r69.5      85.9      r54.3      r89.9     r67.2        r60.4      r64.7
       1981       r82.0      r71.0      86.6      r59.6      r90.0     r72.7        r67.8      r70.9
       1982       r81.1      r68.7      84.7      r63.8      r90.9     r78.7        r69.4      r75.3
       1983       r84.7      r73.1      86.3      r66.5      r90.9     r78.5        r76.2      r77.7
       1984       r86.4      r79.1      91.6      r69.2      r90.9     r80.1        r79.5      r79.9

       1985       r87.8      r82.5      94.0      r72.3      r91.8     r82.3        r81.9      r82.2
       1986       r90.5      r85.7      94.7      r76.1      r94.9     r84.1        r82.7      r83.6
       1987       r90.8      r88.6      97.6      r78.8      r95.1     r86.8        r83.4      r85.6
       1988       r92.3      r92.6     100.4      r82.8      r96.3     r89.7        r85.5      r88.2
       1989       r93.0      r95.9     103.1      r84.9      r94.7     r91.3        r91.5      r91.4

       1990       r94.7      r97.3     102.7      r90.2      r95.8     r95.2        r93.9      r94.7
       1991       r96.2      r96.4     100.2      r94.9      r97.3     r98.7        r96.9      r98.1
       1992       100.0      100.0     100.0      100.0      100.0     100.0        100.0      100.0
       1993      r100.6     r103.5     102.9     r102.0      r99.6    r101.4       r102.9     r102.0
       1994      r101.6     r108.3     106.6     r103.8      r99.2    r102.2       r106.6     r103.8

       1995      r102.0     r111.8     109.6     r106.0      r98.9    r103.9       r108.7     r105.7
       1996      r104.6     r116.7     111.5     r109.5      r99.5    r104.6       r111.4     r107.1
       1997      r106.2     r122.6     115.4     r112.9     r100.4    r106.3       r114.0     r109.1
       1998      r109.4     r128.9    r117.9     r119.7     r105.0    r109.4       r110.9     r110.0
       1999      r113.0     r136.1    r120.5     r124.8     r107.3    r110.5       r112.0     r111.0

       2000      r116.8     r142.2    r121.7     r134.1     r111.5    r114.8       r110.5     r113.2
       2001      r120.2     r143.4    r119.3     r140.1     r113.3    r116.5       r112.6     r115.1
       2002      r125.7     r146.2    r116.3     r144.5     r115.0    r115.0       r118.1     r116.1
       2003      r130.3     r150.6    r115.5     r151.4     r117.9    r116.2       r120.1     r117.6
       2004      r134.0     r156.8    r117.0     r156.6     r118.7    r116.8       r126.7     r120.4

       2005      r136.2     r162.0    r118.9     r162.8     r119.4    r119.5       r133.6     r124.7
       2006      r137.5     r167.1    r121.5     r169.0     r120.0    r122.9       r138.0     r128.5
       2007      r140.1     r171.0    r122.1     r176.0     r121.6    r125.7       r141.4     r131.5
       2008      r142.6     r170.7    r119.7     r181.0     r120.4    r126.9       r144.8     r133.5
 ------------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                    August 11, 2009
 r=revised                                                           Source: Bureau of Labor Statistics





Appendix table 3. Nonfinancial corporate sector: Productivity, hourly compensation, unit labor costs,
unit profits, and prices
 Indexes 1992=100
               Output                      Hourly    Real                Unit     Total     Unit  Implicit
               per all-                    compen-   hourly     Unit     non-     unit      pro-  price
               employee           Employee sation    compen     labor    labor    costs     fits  deflator
      Year     hour       Output  hours     (1)      sation(2)  costs    costs(6) (7)       (8)     (4)
  --------------------------------------------------------------------------------------------------------
       1958      r51.6     r24.8     48.0    r15.0     r67.8     r29.1    r24.5    r27.8    r46.0    r29.5
       1959      r54.2     r27.6     50.9    r15.6     r69.9     r28.7    r23.5    r27.3    r53.6    r29.7

       1960      r55.1     r28.5     51.7    r16.2     r71.5     r29.4    r24.0    r27.9    r49.4    r29.9
       1961      r56.9     r29.2     51.3    r16.7     r73.0     r29.4    r24.4    r28.1    r49.5    r30.0
       1962      r59.4     r31.7     53.3    r17.4     r75.1     r29.2    r24.1    r27.8    r53.4    r30.2
       1963      r61.6     r33.6     54.5    r17.9     r76.4     r29.1    r23.9    r27.7    r56.5    r30.3
       1964      r62.6     r35.9     57.5    r18.2     r76.9     r29.2    r23.9    r27.7    r58.6    r30.6

       1965      r64.1     r38.9     60.7    r18.8     r77.8     r29.3    r23.7    r27.8    r63.0    r31.0
       1966      r65.3     r41.7     63.9    r19.8     r79.9     r30.4    r23.8    r28.6    r62.7    r31.7
       1967      r66.3     r42.8     64.6    r20.9     r81.9     r31.6    r25.3    r29.9    r58.6    r32.5
       1968      r68.7     r45.6     66.4    r22.5     r84.5     r32.8    r26.8    r31.2    r58.4    r33.7
       1969      r68.8     r47.5     69.0    r24.1     r85.6     r34.9    r29.0    r33.3    r52.9    r35.1

       1970      r69.3     r47.1     67.9    r25.7     r86.7     r37.1    r32.6    r35.9    r43.2    r36.6
       1971      r72.3     r49.0     67.8    r27.3     r88.2     r37.8    r34.2    r36.9    r48.8    r38.0
       1972      r73.8     r52.8     71.6    r28.8     r90.0     r39.1    r34.1    r37.7    r53.0    r39.1
       1973      r74.5     r56.0     75.2    r31.0     r91.3     r41.6    r36.0    r40.1    r53.6    r41.3
       1974      r73.0     r55.1     75.5    r34.0     r90.0     r46.5    r41.3    r45.1    r47.5    r45.3

       1975      r75.8     r54.3     71.7    r37.3     r90.6     r49.2    r47.0    r48.6    r61.5    r49.8
       1976      r78.4     r58.8     75.0    r40.3     r92.6     r51.5    r46.7    r50.2    r69.5    r52.0
       1977      r80.5     r63.1     78.4    r43.5     r93.9     r54.1    r48.4    r52.6    r75.9    r54.7
       1978      r81.5     r67.3     82.5    r47.6     r95.9     r58.4    r50.8    r56.3    r78.7    r58.4
       1979      r80.8     r69.3     85.8    r51.9     r95.4     r64.2    r55.4    r61.8    r73.9    r62.9

       1980      r80.5     r68.6     85.2    r57.1     r94.5     r70.9    r64.9    r69.3    r66.3    r69.0
       1981      r82.6     r71.3     86.4    r62.2     r94.0     r75.4    r73.9    r75.0    r79.0    r75.4
       1982      r82.8     r69.6     84.1    r66.3     r94.5     r80.1    r82.0    r80.6    r72.9    r79.9
       1983      r85.4     r72.9     85.3    r68.8     r94.0     r80.5    r82.2    r81.0    r88.6    r81.7
       1984      r87.4     r79.3     90.8    r71.6     r94.0     r82.0    r81.4    r81.8   r106.4    r84.1

       1985      r89.2     r82.8     92.9    r74.8     r95.0     r83.9    r83.6    r83.8   r101.8    r85.5
       1986      r91.1     r84.9     93.2    r78.6     r97.9     r86.2    r87.5    r86.6    r87.3    r86.6
       1987      r93.0     r89.3     96.1    r81.2     r97.9     r87.3    r86.6    r87.1    r98.3     88.1
       1988      r95.4     r94.5     99.1    r84.6     r98.4      88.7    r87.7    r88.4   r108.8    r90.3
       1989      r94.0     r96.0    102.2    r86.7     r96.6     r92.2    r93.3    r92.5    r99.7    r93.2

       1990      r95.1     r97.5    102.5    r90.8     r96.5     r95.6    r97.5    r96.1    r95.9    r96.1
       1991      r97.4     r97.0     99.6    r95.4     r97.8     r97.9   r102.6    r99.2    r94.4     98.7
       1992      100.0     100.0    100.0    100.0     100.0     100.0    100.0    100.0    100.0    100.0
       1993     r100.2    r102.6    102.4   r101.8     r99.3    r101.6    r99.3   r101.0   r114.4   r102.2
       1994     r102.3    r109.2    106.8   r103.6     r99.0    r101.3    r99.6   r100.9   r134.0   r103.9

       1995     r103.4    r114.4    110.6   r105.4     r98.4    r102.0   r100.0   r101.5   r139.0   r104.9
       1996     r107.2    r120.7    112.6   r108.5     r98.6    r101.3    r99.4   r100.8   r150.4    105.3
       1997     r110.0    r128.6    116.9   r111.9     r99.5    r101.7    r99.4   r101.1   r154.0   r105.9
       1998     r113.8    r136.0   r119.5   r118.6    r104.0    r104.2    r99.8   r103.0   r135.1   r105.9
       1999     r117.8    r143.9   r122.2   r123.8    r106.4    r105.1   r102.2   r104.3   r125.2   r106.2

       2000     r122.4    r151.5   r123.8   r132.9    r110.5    r108.6   r105.8   r107.9   r104.2    107.5
       2001     r123.5    r148.7   r120.4   r137.3    r111.0    r111.2   r112.3   r111.5    r84.0   r109.0
       2002     r127.9    r149.4   r116.8   r140.9    r112.2    r110.2   r112.9   r110.9    r96.6   r109.6
       2003     r133.0    r153.1   r115.1   r147.3    r114.7    r110.8   r112.7   r111.3   r107.3   r110.9
       2004     r137.5    r160.3   r116.6   r150.9    r114.4    r109.7   r111.3   r110.1   r142.7   r113.1

       2005     r141.0    r167.3   r118.6   r155.7    r114.2    r110.4   r115.4   r111.8   r161.1   r116.3
       2006     r143.0    r173.5   r121.3   r160.2    r113.8    r112.0   r118.9   r113.8   r179.9   r119.9
       2007     r144.5    r176.5   r122.1   r166.0    r114.6    r114.9   r125.8   r117.8   r162.1   r121.9
       2008     r147.2    r177.2   r120.3   r170.9    r113.7    r116.1   r130.5   r120.0   r135.7   r121.4
 -------------------------------------------------------------------------------------------------------
 See footnotes following Table 6.                                     August 11, 2009
 r=revised                                                            Source: Bureau of Labor Statistics



Last Modified Date: August 11, 2009
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