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Table 4. Durable manufacturing sector: Productivity, hourly compensation, and unit labor costs, seasonally adjusted


  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

  2002       I           c161.4        152.6         94.6       c142.2          114.4          88.1
            II            163.9        154.7         94.4        145.2          115.8          88.6
           III           c167.0        155.9        c93.4       c146.4         c116.1          87.7
            IV            170.5        156.1        c91.5        147.7          116.6          86.6

        ANNUAL           c165.7        154.8         93.5       c145.4          115.7          87.7

  2003       I           c173.6        156.6         90.2        154.9         c121.1          89.2
            II            175.0        155.1        c88.7        157.9          123.3          90.2
           III            181.5        158.3         87.2        161.2          125.1          88.8
            IV           c183.3        161.9         88.3       c163.4          126.5          89.1

        ANNUAL            178.3        158.0         88.6        159.3          124.0          89.3

  2004       I           c185.2        165.7        c89.5       r160.4        cr123.1         r86.6
            II           r187.5       r168.1        c89.7      cr161.3        cr122.4         r86.0
  --------------------------------------------------------------------------------------------------
                         Percent change from previous quarter at annual rate(5)

  2002       I            c11.7          2.8        c-8.0         c8.4           c7.0          -2.9
            II             c6.3          5.5        c-0.7         c8.6           c5.0           2.2
           III             c7.9          3.3        c-4.3         c3.5           c1.1          -4.1
            IV             c8.7          0.4        c-7.6         c3.6           c1.7          -4.7

        ANNUAL              8.3         -0.7         -8.3         c5.6            3.9          -2.5

  2003       I             c7.4          1.4        c-5.6        c20.8          c16.4          12.5
            II             c3.1         -3.9        c-6.8         c8.0           c7.3           4.7
           III             15.8          8.4         -6.3         c8.7            6.1          -6.1
            IV             c4.1          9.4         c5.1         c5.5           c4.7           1.3

        ANNUAL              7.6          2.0         -5.2          9.6            7.1           1.8

  2004       I             c4.3          9.9         c5.4       cr-7.1        cr-10.4        r-10.9
            II             r4.9         r5.9         r1.0         r2.3          r-2.3         r-2.5
  --------------------------------------------------------------------------------------------------
                     Percent change from corresponding quarter of previous year

  2002       I             c7.1         -4.9       c-11.2         c3.3           c2.0          -3.6
            II             c8.3         -1.8        c-9.3          6.0            4.7          -2.0
           III             c9.2          1.2         -7.3          7.0           c5.2          -2.0
            IV              8.6          3.0        c-5.2         c6.0           c3.7          -2.4

        ANNUAL              8.3         -0.7         -8.3         c5.6            3.9          -2.5

  2003       I              7.6          2.6        c-4.6         c8.9            5.9           1.2
            II              6.8          0.3         -6.1         c8.7            6.5           1.9
           III             c8.7          1.5         -6.6         10.1            7.7           1.3
            IV              7.5          3.7         -3.5         10.6            8.5           2.9

        ANNUAL              7.6          2.0         -5.2          9.6            7.1           1.8

  2004       I              6.7          5.8        c-0.8        cr3.5           r1.7         r-3.0
            II            cr7.1         r8.4         c1.2        cr2.1          r-0.7         r-4.7
  --------------------------------------------------------------------------------------------------
  See footnotes following Table 6.                                Sept. 2, 2004 corrected 
  r=revised                                                       Source: Bureau of Labor Statistics
  c=corrected

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Last Modified Date: October 13, 2004

 

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