Table 6. Nonfinancial corporations: Productivity, hourly compensation, unit labor costs, unit profits, and prices, seasonally adjusted
Table 6. Nonfinancial corporations: Productivity, hourly compensation, unit labor costs, unit profits,
and prices, seasonally adjusted
Output Hourly Real Unit Total Unit Implicit
Year per all- compen- hourly Unit non- unit pro- price
and employee Employee sation compen- labor labor costs fits deflator
quarter hour Output hours (1) sation(2) costs costs(6) (7) (8) (4)
----------------------------------------------------------------------------------------------------------
Indexes 1992=100
2002 I 126.3 149.7 118.5 139.9 112.6 110.8 114.0 111.6 89.1 109.6
II 127.9 151.4 118.4 141.3 112.7 110.5 112.9 111.2 94.7 109.7
III 129.2 152.3 117.9 142.1 112.7 110.0 112.7 110.7 95.7 109.4
IV 130.2 153.1 117.6 142.9 112.8 109.7 112.3 110.4 101.8 109.6
ANNUAL 128.4 151.6 118.1 141.5 112.7 110.2 113.0 111.0 95.4 109.6
2003 I 131.3 153.4 116.8 144.1 112.7 109.8 113.2 110.7 99.2 109.7
II 134.1 156.1 116.4 146.3 114.2 109.1 111.4 109.7 111.0 109.8
III 137.2 159.4 116.2 148.5 115.3 108.2 111.1 109.0 118.7 109.9
IV 138.9 162.0 116.7 150.0 116.2 108.0 110.5 108.7 123.2 110.0
ANNUAL 135.4 157.7 116.5 147.3 114.6 108.8 111.5 109.5 113.2 109.8
2004 I 138.9 163.2 117.5 150.9 115.9 108.6 109.5 108.8 128.1 110.6
II r139.9 r164.7 r117.7 r152.6 r115.8 r109.1 r110.0 r109.4 r134.5 111.6
----------------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2002 I 7.9 5.7 -2.0 1.7 0.4 -5.8 -7.3 -6.2 90.8 -1.6
II 4.9 4.8 -0.1 4.0 0.4 -0.9 -3.7 -1.7 27.4 0.2
III 4.1 2.3 -1.7 2.3 0.0 -1.7 -0.9 -1.5 4.5 -1.0
IV 3.4 2.1 -1.2 2.2 0.3 -1.1 -1.4 -1.2 28.1 0.9
ANNUAL 4.4 1.5 -2.8 3.1 1.4 -1.3 -0.2 -1.0 15.4 0.1
2003 I 3.2 0.6 -2.5 3.6 -0.2 0.4 3.0 1.1 -10.0 0.1
II 9.1 7.4 -1.5 6.2 5.5 -2.6 -6.2 -3.6 56.4 0.5
III 9.4 8.8 -0.6 6.2 3.6 -3.0 -1.0 -2.5 30.8 0.2
IV 5.0 6.7 1.6 4.2 3.4 -0.8 -2.1 -1.2 16.1 0.4
ANNUAL 5.4 4.0 -1.3 4.0 1.7 -1.3 -1.3 -1.3 18.7 0.2
2004 I 0.1 2.9 2.8 2.3 -1.3 2.1 -3.5 0.6 16.9 2.1
II r2.7 r3.7 r0.9 r4.7 r0.0 r1.9 r1.8 r1.9 r21.7 r3.8
----------------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2002 I 3.4 -1.1 -4.3 3.2 2.0 -0.2 4.0 0.9 1.5 1.0
II 4.2 0.8 -3.2 3.4 2.1 -0.8 0.6 -0.4 8.4 0.2
III 5.0 2.5 -2.4 3.1 1.4 -1.8 -1.7 -1.8 20.6 -0.4
IV 5.1 3.7 -1.3 2.5 0.3 -2.4 -3.3 -2.7 34.3 -0.4
ANNUAL 4.4 1.5 -2.8 3.1 1.4 -1.3 -0.2 -1.0 15.4 0.1
2003 I 3.9 2.5 -1.4 3.0 0.1 -0.9 -0.8 -0.8 11.3 0.1
II 4.9 3.1 -1.7 3.6 1.4 -1.3 -1.4 -1.3 17.2 0.1
III 6.2 4.7 -1.5 4.5 2.3 -1.6 -1.4 -1.6 23.9 0.4
IV 6.6 5.8 -0.8 5.0 3.1 -1.5 -1.6 -1.6 20.9 0.3
ANNUAL 5.4 4.0 -1.3 4.0 1.7 -1.3 -1.3 -1.3 18.7 0.2
2004 I 5.9 6.4 0.5 4.7 2.8 -1.1 -3.2 -1.7 29.1 0.8
II r4.3 r5.5 r1.2 r4.3 r1.4 r0.0 r-1.2 r-0.3 r21.2 1.6
----------------------------------------------------------------------------------------------------------
See footnotes following Table 6. November 4, 2004
r=revised Source: Bureau of Labor Statistics
Last Modified Date: November 04, 2004
Back to Top