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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            161.4        152.6         94.6        142.2          114.4          88.1
            II            163.9        154.7         94.4        145.2          115.8          88.6
           III            167.0        155.9         93.4        146.4          116.1          87.7
            IV            170.5        156.1         91.5        147.7          116.6          86.6

        ANNUAL            165.7        154.8         93.5        145.4          115.7          87.7

  2003       I            173.6        156.6         90.2        154.9          121.1          89.2
            II            175.0        155.1         88.7        157.9          123.3          90.2
           III            181.5        158.3         87.2        161.2          125.1          88.8
            IV            183.3        161.9         88.3        163.4          126.5          89.1

        ANNUAL            178.3        158.0         88.6        159.3          124.0          89.3

  2004       I            185.2        165.7         89.5        160.4          123.1          86.6
            II           r188.7       r168.3        r89.2       r162.1         r123.0         r85.9
           III            191.0        170.9         89.5        163.6          123.6          85.7
  --------------------------------------------------------------------------------------------------
                         Percent change from previous quarter at annual rate(5)

  2002       I             11.7          2.8         -8.0          8.4            7.0          -2.9
            II              6.3          5.5         -0.7          8.6            5.0           2.2
           III              7.9          3.3         -4.3          3.5            1.1          -4.1
            IV              8.7          0.4         -7.6          3.6            1.7          -4.7

        ANNUAL              8.3         -0.7         -8.3          5.6            3.9          -2.5

  2003       I              7.4          1.4         -5.6         20.8           16.4          12.5
            II              3.1         -3.9         -6.8          8.0            7.3           4.7
           III             15.8          8.4         -6.3          8.7            6.1          -6.1
            IV              4.1          9.4          5.1          5.5            4.7           1.3

        ANNUAL              7.6          2.0         -5.2          9.6            7.1           1.8

  2004       I              4.3          9.9          5.4         -7.1          -10.4         -10.9
            II             r7.7         r6.3        r-1.3         r4.4          r-0.4         r-3.1
           III              5.0          6.3          1.3          3.9            2.0          -1.0
  --------------------------------------------------------------------------------------------------
                     Percent change from corresponding quarter of previous year

  2002       I              7.1         -4.9        -11.2          3.3            2.0          -3.6
            II              8.3         -1.8         -9.3          6.0            4.7          -2.0
           III              9.2          1.2         -7.3          7.0            5.2          -2.0
            IV              8.6          3.0         -5.2          6.0            3.7          -2.4

        ANNUAL              8.3         -0.7         -8.3          5.6            3.9          -2.5

  2003       I              7.6          2.6         -4.6          8.9            5.9           1.2
            II              6.8          0.3         -6.1          8.7            6.5           1.9
           III              8.7          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         -0.8          3.5            1.7          -3.0
            II             r7.9         r8.5         r0.6         r2.7          r-0.2         r-4.8
           III              5.2          8.0          2.6          1.5           -1.2          -3.5
  --------------------------------------------------------------------------------------------------
  See footnotes following Table 6.                                November 4, 2004
  r=revised                                                       Source: Bureau of Labor Statistics


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Last Modified Date: November 04, 2004

 

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