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