Economic News Release

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





Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted
                                                          Real
             Output                            Compen-    compen-               Unit       Implicit
 Year        per hour               Hours      sation     sation      Unit      nonlabor   price
 and         of all                 of all     per hour   per hour    labor     payments   deflator
 quarter     persons     Output     persons      (1)        (2)       costs       (3)        (4)
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate(5)

2014 I        -3.2 r      -1.1 r      2.2 r      2.3 r      0.4 r      5.7 r     -4.4 r      1.2 r

2013 ANNUAL    0.5         2.2        1.7        1.6        0.1        1.1        1.6        1.3  

2013 IV        2.3         3.8        1.4        1.7 r      0.5 r     -0.6 r      4.1 r      1.4  
     III       3.5         5.4        1.9        1.3       -0.7       -2.1        8.5        2.4  
     II        1.8         3.3        1.5        3.8        3.3        2.0       -0.7        0.8  
     I        -1.8        -0.3        1.6       -5.3       -6.4       -3.5        6.8        0.7  

2012 ANNUAL    1.5         3.7        2.2        2.6        0.5        1.2        2.7        1.8  

2012 IV       -1.5         0.7        2.2       10.2        7.5       11.8      -12.1        0.8  
     III       2.1         4.2        2.0        0.3       -1.4       -1.8        7.7        2.2  
     II        1.1         1.6        0.5        1.8        0.4        0.7        4.0        2.1  
     I         1.7         5.0        3.2        9.2        6.9        7.4       -5.6        1.5  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2014 I         1.0 r       2.8 r      1.7        2.3        0.9        1.2 r      1.7 r      1.4  

2013 ANNUAL    0.5         2.2        1.7        1.6        0.1        1.1        1.6        1.3  

2013 IV        1.4         3.0        1.6        0.3 r     -0.9 r     -1.1 r      4.6 r      1.3  
     III       0.5         2.3        1.8        2.4        0.8        1.9        0.3        1.2  
     II        0.1         1.9        1.8        2.1        0.6        1.9        0.1        1.2  
     I         0.0         1.5        1.6        1.6       -0.1        1.6        1.3        1.5  

2012 ANNUAL    1.5         3.7        2.2        2.6        0.5        1.2        2.7        1.8  

2012 IV        0.8         2.8        2.0        5.3        3.3        4.4       -1.8        1.7  
     III       2.0         4.1        2.1        1.6        0.0       -0.4        4.6        1.7  
     II        1.4         3.5        2.1        2.2        0.3        0.8        3.3        1.9  
     I         1.6         4.3        2.7        1.4       -1.3       -0.1        4.8        1.9  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2014 I       106.0 r     113.5 r    107.1 r    110.5 r    100.7 r    104.2 r    110.6 r    106.9 r

2013 ANNUAL  105.8       112.1      105.9      109.1 r    100.4 r    103.1 r    110.0 r    105.9  

2013 IV      106.8       113.8      106.5      109.8 r    100.6 r    102.8 r    111.9 r    106.6  
     III     106.2       112.8      106.1      109.4      100.5      103.0      110.8      106.2  
     II      105.3       111.3      105.6      109.0      100.7      103.5      108.5      105.6  
     I       104.9       110.4      105.3      108.0       99.9      103.0      108.7      105.4  

2012 ANNUAL  105.3       109.7      104.1      107.4      100.3      102.0      108.3      104.6  

2012 IV      105.4       110.5      104.8      109.5      101.5      103.9      106.9      105.2  
     III     105.8       110.3      104.3      106.9       99.7      101.1      110.4      105.0  
     II      105.2       109.2      103.8      106.8      100.1      101.5      108.4      104.4  
     I       104.9       108.7      103.6      106.3      100.0      101.3      107.3      103.8  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                       June 4, 2014
r=revised                                                        Source: Bureau of Labor Statistics

Table of Contents

Last Modified Date: June 04, 2014
Recommend this page using: