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 2002 I 143.8 130.5 90.7 144.1 115.9 100.2 II 145.7 131.8 90.4 147.0 117.2 100.8 III 147.8 132.4 89.5 148.6 117.8 100.5 IV 148.8 131.3 88.2 149.9 118.3 100.7 ANNUAL 146.5 131.5 89.7 147.4 117.3 100.6 2003 I 151.0 131.3 87.0 155.7 121.8 103.1 II 152.1 130.1 85.6 158.5 123.8 104.2 III 156.0 131.5 84.3 161.6 125.5 103.6 IV 157.2 133.5 84.9 163.9 127.0 104.2 ANNUAL 154.1 131.6 85.4 159.9 124.5 103.8 2004 I 158.3 135.5 85.6 162.2 124.5 102.5 II r161.5 r137.8 r85.3 r163.7 r124.3 r101.4 III 163.2 139.1 85.3 165.5 125.0 101.4 -------------------------------------------------------------------------------------------------- Percent change from previous quarter at annual rate(5) 2002 I 10.0 2.5 -6.9 14.2 12.7 3.8 II 5.4 4.0 -1.3 8.2 4.5 2.6 III 5.9 1.7 -3.9 4.5 2.1 -1.3 IV 2.8 -3.1 -5.7 3.5 1.6 0.7 ANNUAL 7.0 -0.6 -7.1 6.7 5.0 -0.3 2003 I 6.0 0.1 -5.6 16.6 12.3 10.0 II 2.9 -3.6 -6.3 7.4 6.7 4.4 III 10.6 4.3 -5.7 8.1 5.6 -2.2 IV 3.3 6.2 2.8 5.7 4.9 2.3 ANNUAL 5.1 0.1 -4.8 8.5 6.1 3.2 2004 I 2.7 6.2 3.4 -4.1 -7.4 -6.6 II r8.3 r6.7 r-1.4 r3.8 r-0.9 r-4.2 III 4.3 4.0 -0.3 4.4 2.5 0.1 -------------------------------------------------------------------------------------------------- Percent change from corresponding quarter of previous year 2002 I 6.6 -3.4 -9.4 4.1 2.8 -2.4 II 7.3 -1.1 -7.9 7.0 5.6 -0.3 III 8.0 0.9 -6.6 8.2 6.5 0.2 IV 6.0 1.2 -4.5 7.5 5.1 1.4 ANNUAL 7.0 -0.6 -7.1 6.7 5.0 -0.3 2003 I 5.0 0.6 -4.2 8.1 5.1 2.9 II 4.4 -1.3 -5.4 7.9 5.6 3.3 III 5.5 -0.6 -5.8 8.8 6.5 3.1 IV 5.6 1.7 -3.8 9.4 7.3 3.5 ANNUAL 5.1 0.1 -4.8 8.5 6.1 3.2 2004 I 4.8 3.2 -1.5 4.2 2.3 -0.6 II r6.2 r5.9 r-0.3 r3.3 r0.4 r-2.7 III 4.6 5.8 1.1 2.4 -0.3 -2.1 -------------------------------------------------------------------------------------------------- See footnotes following Table 6. November 4, 2004 r=revised Source: Bureau of Labor Statistics
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