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Table 3. Manufacturing sector: Productivity, hourly compensation, and unit labor costs, seasonally adjusted


  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


Table of Contents

Last Modified Date: November 04, 2004

 

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