The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Office of Information
United States
Department
of Labor
Washington, D.C. 2021 0
BIIRU U 01' U!OR STATISTICS
L. J . Fulco (20l) 5lJ-Sl61
~.p.
~Jlc
Uoae
USDL
76-U65
FOR R£1.!'.o\SE: 11 : 00 ... . M. EDT
Thursday , A"'R"a. 26 . 1916
(202) 523 - 1913
(202) 333- 1)84
FRODOCTIVITY AND COSTS
Nonfar. 5o.lne •• aDd Non f inancial Corpora.e Sec t or s
5«0"", Qua«u 19)6
hoduct1vUy 1n the nonf."" business u c tor increased 5.6 per CO"t . at •
Ll.hor StaUstlcs of the U.S. De"",n ••mt of Labor .""""need today.
Output in_
pnccdlnz quar'u, pr oductivity in the Donfan>. bus In . . . sector locr u . .d 5 .8
pUc&Dt , as o u tput i ocreucd 10 . 5 perU"t and bon ... !<lern...d 4 .4 p ercent (at
greota, t han 1n the •• 00Rd quart e r o f 1915 , out put was 8 . 1 per cent hilher and
hour. of all _p l oy." inc . . . .od 1.4 percent.
I n t he fiut quartu of 1916.
COI{PI:lISATION Ab1) COSTS
1ncluded 1" thh .. utun a U dt t he "" .U Utoc1..lt -.l ... ttll . .curlll@ labo r
,
hble A.
Pucut
Chan~e
at Annual Rat u 1n p'Mualv1ty and Coat<
(Se. ."".lly Adj""ted)
IH
Qu.rte~
19J6
"
2nd quarteT 1916
Nonfu~
Bu.!",," Sector
(Pnll ..1nuy)
Output per hour of oil peuons
Compenoatlon pc< hour
Unit labor eo.t
Real om.pensation poe hour
Output
Houn
Output peT
.11-e~IQyQe
hour
.
Comp o" •• tlon peT hour
Unit labor cos t
Real co.pono.tlon
hour
-"
o"tpu t
"'
..
Co~en s &tlon
.,.
porson.
hal cOlIII'ensation
Output
hour
lIours
lto.n ut.cturlng
(Rev ised)
Output por hour of all person.
ca=pen5ation per hOUT
Unit labor eoo,
Rul c0"l'enutlQn
Ou t put
Hour.
. ._.
"'
Qu.<t~"
,.,
..,
,.,
...,.,
..,
,. ,
,.,..
,,.,
.•••,
,. ,
...,.,'.'
•••
,.,
,..,..
U
per hour
Unit labor cos t
?nd
,.. ,
,.,
P<lvate Budne .. Se ctor
(Revised)
Output per hour of all
2Dd quarteT 1915
,.,
,..
,.,
..0
,.,
,.,
,.,
'.'
...,.,L'
.. ,
..,.,,
...
10 . 0
,.,
,.•••,
M
.....,
L>
15. 8
1916
,
of paid le.ovo, taxu, .Dd _loy.'
eo~ .. It...tlono
to Soda\ Se.;urtty and <>th...
~l hou~ly c~pen.atlon. ~Ith
employee benefit plan..
ebb", •• In the ConoUDer Price
Iode~,
010" take. Into account
r o •• '.1 percent In tho a.cond quarter.
l'ni t I.bor coot_leh reflee . . elY"IIu In productivity And hour ly c""'l'enutloo_
Inc r •• oed 3.3
p~rc.nt
In thO Hrlt quarter.
aU"""nc,,", '""
In tbe •• cond quarter, compared
~lth
• 3,5 percen' Incr ••••
Un i t ",,,.. Labor pa)'I'ICntO (Inciudln, capital consumption
'n' ....... and [Ddt ..", b..dn". . ,uu) jncruond •. 2 percent In
the oeeond quane<, after locr&. . I"g 6 . 2 percent In the Hut quan ....
10 the nonfl""ncbl ""<POUte leUn,. hou<if c"",pennloo !ocuu-.:! 8.6
percent, .nd unit labor coat roO. 3.2 percent.
Incru . . . wue
8. ~
and 4 . 1 percent.
In the flra' quarter. these
Real Murly .""'panu.t!on lnuoaaed 1.8
pe<cent In tho oecoDd quuar, ofur havlng. rioen 4 . 2 penent In the UrSl
qu.ott~r.
I'nlt profit. Ill<t ..... ed 1.) "er<eM In the .""ond quarte<. co",pord
.,ith. 23.8 perco"t rio.
COSl, and proHt
d~rlng
devel,,~enu
thft Hrot quane<.
.inc. 1910.
'r-ble B .u ...... r 12eo pr ice,
Thh t iIK .pan includu the ,",,"noole
.lowdown and ouboequent recovery.
Revloed ..... our •• for the .ccoDd quorter f o r the prl9at.
.nd IMou f actu. lng Heto. " en do<> teleuO<l tnday.
bu.in.~ • • ector
Th. uvi ..d ,...out .. , ..hlcb
1acorpora'. chaog •• 10 both tho OUtpu t .nd bout •••,i'o, .howed p,G4uctivlty
i"" . . . . 0<1 4.0 percont In tho prlv... budono neto. aDd 8.3 pucent In ..."" -
fOc t uti08 '
So. ,.ble C.
~o.
i ... r ..... e. had be.n reported •• 3.6 ond 7.8 percent,
t •• pootlv.ly.
TUI. I.
..
""
"....
Ind ...... of Pri... , eooto , .nd ProUt in
09" ~ 100)
Co~po ... t.
U
US . 6
160.2
161. ,
168 . 1
\69 . 6
IH.)
160.8
162.5
163.8
IM.2
IU.~
191.9
193.'
82.~
100.'
106.0
106.8
-'llt-
19JJ
19]~
II]. Z
120.5
IU.S
IJ9.7
H} .O
iSJ.}
156 . 0
120.3
12~.3
Ill.8
152.0
166.8
1".9
'''
Unit lobor
<0. ,
120 .6
123 . 7
130.1
148.4
159,.4
158.5
157.5
Unlt nonlobo.
<oot .
·
ll5.6
IJ4 . 6
139.2
163. I
In.s
76.9
87. I
85.6
69.2
S7.0
Total
000 ,
_u
.···
···.
· ·
Uol' profit
·
69.8
S•• tor
,
u
1972
.
nu
""attn.notal
1911
1970
lIIpUdt price
deflator .
•
t~
.
~
Table C. Prc/iodn.ary a~d Revi.1!<I ),e"s"re6 , Second (Juaner
Percent Chan:e frOlll Previous 'Worter at .... nnu.al ltDte
(Seasonally Adjust ed )
Private Busines. Sector
Ototput pe r hour of 011 per90ns
Compensation per hnu r
Unt t l .. ho< eost
neal co'"pensation
Output
l!oUTS
,=,
'"
Preliroln"ry
J.'
7.J
J. G
,..
",
1.8
.. ,
Revised
'"
J.'
J.O
,.,
1.,
l\llnufactur1nB Sector
,.,
Output
hou r of all persons
t:.:>::Ipe nsation per hour
Unit 1.. 00< coSt
Resl ec~pensation po. hou r
Ou tptJ t
Hours
7.11
8.J
10 .0
10. (J
2.0
'.2
LO
7. •
0.2
197~
' .2
'"
U
.. ....
,.
, "u......
S£C I OO " LL Pt".,"", '·ooue" ,,"
" "c, "U."[NS"lu'"
• •0.1'''''.
", tOSI , .NO •• ,tts, . . . . . "AlL
"""HL'
..
• .0
"""" ".
,.."
,,.
O,,"U'
' w'
,. ." "'."'N,
RUL
,.
~ou.>
'"
• • •• 0 .. '
-~-
,
' ""
"
,""""
,
1" 0
'.', "
11 , , l
j.,
,I
11 , • •
, 11 " .
11 _ , >
"
"0 ,J.
,
'"",.
,,
,..
,""v',
' d.
,
' . ,.
~~~-
."
,
'''.
"
~ ~~-
,
,,."
""
"
,.
_m"o'
"'.uAL
,,~
,
"
.
..
',..
.'
..
.... '
.,,.,
,.,
" ,,,
•••
' . '"
".oo,
0" Pr..
",
1"0<'"
",. >
",.
,,0 . ,,
"' .'
".,0.
"'. I
"s
.•
10'.
,
I •• • I
' "' . I
I.'. ,
.•
I.~
,,' .1
,.,.'"
...
,,,., ',
...
• >. '"
,
, .~"
~~-~~~~--~ --
_'"" .. C"'..,.
. ,.'
....•• •
""
.,.,.
' .,
,.'
1ION
lOO1o'OO
..
''' .
"."
,....
"'" .''
,.". """ ",," ""."
Il, ,
.,.,
,'
..,..
)
••• >
',..''"
....'.'
.. .
'.'
' .1 .
'""- <v".,.;;0;0;;",""""," " "
,
l? , ,
",
".'
., .,
'.'
...
. <. ,
'
" .'
,'.'
,.'
).,
..'.'"
l.".,
eo",
UM"
...
,,,.0
,,,0 .•"
III • •
10 J , •
1" . '
'Ol, TO
," .'
'b' . ,
"'. ,P
1'.0
...
"""'"''
111 • J
1" . ••
.,.. I
."
Ill ••
Il l "
" , .J
"'"0['' ' '''''O(
., ,.,
co.p(~",
to·P["S. ·
..••••'. ',
'N"UAL
I ".~
'.'
'. ,
J •••
", ,,
".
""..',
1. SO
,.,
•••
,. ".""'us .".,,,
,
". ,
' .'
''..',
'"
,
' .'
'.
' .'
..
j ."
L'~O .
~
"["'''''
....
"". ..
,
"',
Il' . ~
,.~
,.~
,,~
" ' . S·
I.PL It"
"1 C[
O['Lnoo,.,
,S' .6
'S5. ~
IS" ••
no . '
151 . $.
,., .'
10',0.
..H,,,
L.
,.,
V"" "0"·
...
..
~.
,. ,
J."
....
'" ,
'
". ,.
11 . '
~'
-'.
,
• . 5"
,.'
.
ll. ,
," ,
..
""."..
lO , 1
",
,.,
....
11 . '
''
' . S•
,. ,
5 • ••
,.. s
" .,
•••
'.'
" ~.
.. - , j .
-----,uOu <l , •• ,.,.
'''''.«,
"o.Uu OF L., 80"
""1S"0.
.. ~c c
_~C .
..
" -~
.,,,,,,,.
,,,
...
...
.....
,
u"'~U'
•w
C. .........R•.
,,, .~ ,,
"~''''''C'
e .... ~l~'".""" . .... " co".
,"''"~ ,
".""'"
...
." ,
"e' ",,""
'"
_<00
. ~-.c".".
>'t . ..... '
'~l<ts
...
"".
,.....,."
~("
.",~,"
. ... ,.,.. ......
.~
' ~JUs 'f n
'l
e009"",
""n
.... 0•
U"I' ~-.
"OLIO .. ,
CO . . S
.'~"'"
" "" ."
---
------------------------- - - - - ----,;;;;;'";:• .-;;;;;;-;m-
,
'""
.
""
" ""'l
,
"
I' '"
,""",.'.'."
"' ...
II~.
,
,'" ,~
lI'"
..
In • •
'h.'
",
I I •• ' "
"' . J
,,~.~"
"" '.'.',
" '.'
..
"..
...
~
I.' ••
"
'"
,". ,
,"'.
".'
'"
," .,
IlO . ,
I,· . ,
...
"'.o. ,,
..
,.....
)
II
"'
n •.•
II , .'
"'.~.
------------------ -;;;:;;o;:;rc~ ;;;;,,;_;;;u ;;_;;;;,,'"~'";;;;;r,;;....,...;;;;;;;;,
,
,,,"
""
...
,
......,"
"
,.'"
·_.L
I_ . ~
' . '~
'.-
' .' ~
........,..
' ll ..
'.
1<. ,
~
'.~
...
...••••'
..
" . ow
. -".''
..,.'
..-...
".-.',.
",..'
-.-,,.'.'
"-'.'
'
' .'
'.'
"oTl'"
...-.'
-.'
",,, . ,,,,
,. "
.
.
'""
~."
,., ~
,
"
.,' .-.,...,,
..,.,
••••
'.'
..-.."
".
,
••••
.,.,
.~ . '
....
..,
l .·_
...-
," .'
'.
'.'
'.'
,.,
• •••
OJ'. I
'" ,
no.
U f ••
, •• • 1
' ''. 1
,.~ .
)
n • .•
"
..
"
-'.'
-• •l
'.'
.
'. T'
•I-•••••
•••
..
.~ .~
,~
" _."'. ,,n", " .. ",",
,'J... ,
.'.'
-
'.
,,.'
. ~.
.'1<1
....
,
...
,. . . ..
I~~ •
•
IH • •
J. , .
..
..,
•••
• ••
1 . ,.
,.-
'~
'~'.'
,~",
'.'
' .,
.'
I"'L I'"
",'CUn" , .,
... ,...• ,., .,
. ,.. . ,......
,. ~
-
,.
' .1"
---------- ----------- -;;;:;;<:t ;; rC;;;;::;;; -~;;;; ;;;:,;""i;;·,C.""'"""~,
,
..
10).3
......... -" .
'. ~
I~ .
I~ .
• • l.
..'
~. l
...
' • • I'
,-.'
..
.. ,n..-...",•
~
" .0,
,~
".,
>.'
,"•••
".'
•••
..
O • ••
..<"""Toil, ..... , •. ~ • ou:;;.:l:;;r-;;;;,,7. - ~-~ ---·------ - - ---·-------------------·---~."r.,\r"
h'"tlr .. , ••• ,
.""u" l".
I." . ,
,,'""Ct, """,.0
"_0. ... !fUleS
""LO 1 . ........" " . , ...
,·._' ~,. II '
»",,",
~'> ''''I
.... ... " " .,,. C'' ' ''
.....".
.. . .
' ~D
--
.
'"""
,".,m.
,
"
."
,tI.
'" ><1.,
'LL
•••
'" ' '-L "r • •~ .>
..
"
"" ...
.., ...,
" .1
..
,
'"""
..... ~ . L
,
"
'"~, ." "
". ~
,,,;.
" ,
,'"'" ...
II •• •
I • • • .,
U' .,
11 • • •
'''.J_
"
_' _'-L" e .......
-"" .'. ~
.....,
..'. ,,.
" .1
.. -
IT .... . . .
-"'"
r
"
'""
.. , .
r
"
..' .',
-~ . ,
->, ,
.
,. .,
• .. . 1
..
......
" .'
.,
'-
...,.
' .>
~
~.
ii, <oo;;,••,.',•••';C"'"LLu.-'-'-,-, ••,;,••'C•••,---• • N. ·U[(,
"~· lll ·r .'"
>
..
..
-"..
., ~ .
-I> ••
"
.r"
< ""'[ ~".
n ......
..".,0,,,
---------------------.,
h."
", .-,
"'.
",.,
,.,
,
I• ••
I• •••
- - -·
II I . '
""".
' .'"
11 , . '
" ,.'
. .. . 1
•.
. . .. ....· Il" .,
.,-,.
..',
"'.'
'
'
•'.'••
, ,..
..
~ . '.,
....
" .>
..' .'
"
_ 10 . "
-,I.
,
-""
". ,
..
-,
• .>
' .,
It " 01
II , . ,
'-"' '-
..
' .,
,
...
-0. ,
~
,.'
..
..' .''
".
".0
•••
..,'.'..,
'.'
"
)
10 . ~
\"
I".,
" ' • .1
" '. '
"'
..
,".'
"'.,.
"u, '"
>.'
II • •
--_.--,tI.
..,.tI
.. .."".. ..
"' ..
,,,
...- " ... ,....'.
It" . •
11 •• ,
' L'- " . " "' • • "" , . .
'''~ ''''''-'' , ~
e .,....-~
H .......
---~ - - ----
,,
""
..,..•... . "...,
"" ,. ~,
"t".""" '"
".J
..,
-I • •
. .. . J
II . '
'.'
, • o•
..
'.'
" ,J
"'.~
.>
,.'
II . 0
•••
' .~
'.'
,.'
.J. I
" ,0'
II
.""y" ..... ,.
...... n'
. y Q" ~
or L'M_ "",S" ..
..... [
"" .. ,," ..." ""
.t ..
O~,~~,
,~
V_.o.f1
. . ........ fh ... ~f ••
.... "
(OI'_.n ......" - . . : . " , f ••
""'.u'
.0.>,
· O~
"lA,
_M" _co
e."'l·",
,,- <""p,,,.
,." ... ,.,
'"
...""
~"
COS'
""> 'o...sl<o ...
_ _ •• [ ... ...,~U"
-.
" .... lOU, ""II ".",,,, ....... ,eU . SUS ...
~"
,,"""
CO . . . . ,
'0 .. ,
u ~1I
, ... ,lell
HI CO
CO . .
flU
0[""1)0
-"
'"
··0'
<I ..
..
".", ..
.
,.
,
" ....•
"., '.' .. ., .. ,,,.1
"" , "'. , ..... "S
,n .• ,•...
,,n.'
,.
..
'
,.
,
,",. . ..
..
,.... '
" ...
"'.S
.....
.....
"'. ,
"' .. ,.... " .. ,n,'
.... ",'" ..... 1,.,_'....' ,..... ",'.'...,. .." ....... ,....
.. ' ,'''.S·
,".....
'.' ",,,.t·
.........................................................................................................
.
" , .'
'",." " '.'
.., "S .'
,,,. , II' .,
1" • ,
.. .
"
,,~
II • • 1
"0 .••
,~"',
, .... >
"2.'
" •• 2
I ... ,
,.".)
' " .J
f~ •••
,., .S
" •. l
f ••••
~
"'.~•
,.0,
,0).'
,.S.~
01 ••
,.S ••
f~' ••
to ' . "
,61 .••
'Of . '
.0,.,,,,,.
..
...,. .' ' . .1>.,.....,, ..' -'•••,.,.' ...••••,..", ._'"fl,...' '"'1.'" .. .,,n.'.. , II.'.'.
-, .,
.., ••• .. , '.',.. '.' '.'" , '., -!.' '.'•••
....
-..
,.'
•••
'.'
,
.•••• ,..••••. ..,.',. ••••
•••
'.'
' ...
•••• 'l.'
••• '.'.
•••..•••••••••••••••........•.....•..•..........•••......•..••••••.••..•.....•.......•........•..•.•••..-
,.
,~
to '.
,
'""n
''''''''',
"
"'"ct .. , e· ......
'-'
"2.'
,.. S
fl . I
'"
_1 . I
~
"~"'c
It"~
, ••, .•,"
... ' 00''''''"'
""'''U~
••...'Cl·' ... '
>.'
_l ••
n. ,
'"
-I .,
to.>
'.
'1.'
" '~
.......-.... -.- .... -.........................-........ -...........-----<" .... '.y" .",,<)11' 'to'
"'. , " ..'' n •• ' • • > "
.,- .-- " .,
,,.'.'
'l.!
".'.', ''..', ".'
•••
'"
,
"
•'.'••
•••
,
10,>
'
n.'
"
,
,
.'
.'
' .>
•••
" .' •••t.
,
,'.'.,9
u.,.
'. ,
..
..
.... .
..
..
..'.'. . .. .
-~
11 .1
n .'
'"J.'"
.....
••••
..
.
.
,. ,
, ••••
,
"
•••
'", •••
on •
'
.'
_...•..... _...... _._--_._-_._._._
,,,,
"",,,"O
~"
p[.tl.,
~
Il. J
I
.~
l' ••
-1' ••
..
.
11 • •
• ,. I
' J.,
".9
~
'O"O . ,~ ...... ' .
U ••
I •• '
~
I
.~
•
l. ,.
~.
'. I·
AUOU. ,
'~C(
U,,'"
•• ~t . u DO
~ ' Io*
! •• Tl',TC!
FOOTNOTES, TABLES 1 TO 4
SOURCE: Output da'.a irolll the Bu.""u of EconoOl1e Aaalysis, U,S.
Depan..ent of Co"",",.ee and the F~deral Reserve Board. CO"'l'enaation
and hours data from th~ Bureau of Labor Statistic", U.S. DepanlDf!nt
of Labor and the Bureau of EconOllli< Analysis.
(1)
,"'agu and sal arh s of elllployees plus employers' contribution3
for 30e i al insurance apd private benefi t plans. Except for
nonfinancial corporation" . vhere the r e are 00 sel f- ~ployed ,
dsca also includes an estbate of ~·ages . "alaries, and supplecental p a yo:enC3 for t he "elf-elllployed .
(2)
Co"'l'ene ation per hou r adjusted for changes 1n the Coos=e,.- Price
Iodex .
(3)
N~nlabo r
(4)
Cu.ren t dollar gross product divided by cOns t ant dollar groGa
p=duct.
(5)
Percent change compounded at annual r ate {r"", original data
ra t her than index numbers .
(6)
Cur r ent quarter divided by eO"'l'ar abh quarter a year ago.
~7)
Quarte r ly messures adjusted to annual eatimates of output (grosa
produc t originating) from the Bureau of Economic Anal ysis. U.S.
Depar t ment of Co~eree.
(8)
Un it nonlabor costs inelude depreciation, intere st, and indirect
taxes .
(9)
Total unit c09t9 i9 the 8UOl of labor and non-labor costs.
(10)
pay"",nta include profits, depreciation, interest, rental
income and indirect taxes.
Un i t pro f i t s
adjustment .
in~lude
corporate profits and inventory valuation
CHRRT 1 . PRODUCTIVITY . HOURLY
CDHPENSIH I ON UNIT COSTS RND PRICES
PRIVRTE BUSINESS SECTOR
[PERCENT CHRNGE FROM PREC EDI NG
QURRTER RT RNNURL RRTEI
OUTPUT PER HOUR OF llLL PERSON!)
,
,,
, _.... _---_._-.__ ... _-_.- •...
,
,
o
,
·,
.,
.,
,,
,,
.
· ---- ········t··-·········-l···-·-·--·····~·-····-··-·"1
:
//,.).
i
,,
,
,,
--------l----- - ------- ~·· -· ·········
COHPE NSIlTi ON
,,
:~:--1'-------••
••
",
'J'
•
•
•
•
,
,
.. _........ _- ......
_,
•
•
•
•
o
"
- - _....•..
,
,,
,,
•,,
,,
,,
,
,
• .. .. ..
• .. ------.---.----------_._
•
•
.- .••.
.
•
•
·•
.
,,•
,
UNIT NON LAB OR PAYMENTS
,
• -------- • .. ----------.------_.
•
•"
_.._.... - -_.
-----.-_.
,,
,
.-.---.-----. i-------------~--------------~ -..... -.--·--;.-------------i---,
,
"
,
o
..._-_.
. -.
,,
,,
·· -..
.. -- ..•
--+---.
·. ..
.
.. ..----..
., -.. --.. -..·-----------.. . ......-.--...... -.......-..........
,............
. -._ ........
".
·
.- ----- -- -- -
"
.-. r----------:::l:: __:::::::::1::: __ ... _..:_)._ ..__
•
•
•
•
.,
-.-- .- ----- - ~-
---~-
-- -. - -------~--
-~-
- --~ ----- -
~
.~
,,
,
,,"
,
,,
,,
-----;-----------,
IMPLICIT PRICE OEFLATOR
,
,
.------------.-, ...........•., --- ...
,
,,
-.----~.-- -
.. -.--.-
----------
...... ; ... _.... _. __ ...
,,
,,
-~----- --- --
+ -_. -----.--,,
,,
,,
,
,, ------------,
..
"
r~ '
,
o
"
,
o
1970
1971
1972
1973
1974
1975
1976
AUG 26 . 1976
CHAR T
2 _ PRODUCTIVITY . HOURLY
UNIT COSTS ~NO PRIC ES
COMPEN5~TION
NONf RRM BUSINESS SECTOR
(PERCENT CHRNGE FROM PRECEDING
QU RRTER ~T ~NNURL R~TE)
OUTPUT PER HOUR Of ALL PERSONS ,
,
'>---"
···-..
~
'
,
-- · -- · - t - ······ ·· ···· ~···
,,
,
o
,
,
,,
,
,,
,
,,
,,
,,
,
,,
...... -..... -f ............. : ....... ...... 1........ ------f. -.... -.--.. .
,
,,
,
,,,
,
UNIT LABOR COST
.
--------------------------------------------------------"-,
,
,
,,
,
,
.. -._ ..
,
,,
o
- -- . -- ~- ----- . ---
...
:
II
-.--------~, . -- -- --.-
..-
---------_.:--_ .. __ ._----.--_._---------.-;',"'"":;,,
"
"
5
.
o
,,
,,
,,
,,
,,
.
UNiT NONL Ae OR PAYMENTS
,,
,
... -------.-------------.-------------.
... ,
,
,,
,,
,,
,
: ... _---_
II ..
...... -... ,,.............+,, ...-...
1--·· .-.
-+--_
,,
,,
i,
4 .2
,
,
,
--t-, -- --.. --.
--I,
---------j._--------,,
,
,,
,,
,
,,
,,
,
,
,,
,,
,
- - •• ----. --1- .--- •• --.- •• ~ •••• ••••• - ••• +.
,,
,,
,,
----··-1--------·-·--1-·---··_-----+------------,,
,,
,,
,
,
,
,
,
,,
:
:
,,,
,,
:
:
.... _._ ...... : .._..... - iMPLICIT PRICE
-----"--------------"_._----_._ ...
,,
,,
,,
,
,
, _--_._--- ------._-._--... _. -- _...............
_-- .•..
----------.-_
....... .
,,
,,
,,
, .. _--------,
,,
,
......... ,
~-.-
"
--~-- - . --- .-
~
•
,
c=:;:
,
,
: ._-_
"
.... --~..
o
"
o
1970
1971
Isn
1973
197 4
1975
1976
AUG 26 _ 1976
CHRRT 3
PROOUCTIVITY . HOURLY
COMPENSRTION UNIT COSTS RNO PRICES
NONFINRNCIRL CORPORRTIONS
(PERCENT CHRNGE FROM SRME
QURRTER R YERR RGO)
.
,,
OUTPUT
~LL-EMPLOYEE HOUR
,
•
• ......... • ........................................................
•
:
: !I .
.............•.............
.
,,
··
.y
-...
.
~-.-
...
...
.
.
.
.:
:
:
.,
" " " """"""""""'~""""""" " " "" "", " " """""""/"" "'~"''<''''''''''
:,
..r,
:.
........... •
,
,
5
o
·
.
.
:
:/
1
...........................
.........................................................................
,
.
·
.
,.
"
i· .......C~MPEtlS~TIO~
PER ~LL-EMPLOYEE ~.lll.IR
i
.
......
......... ... . , .
.............
..-.- ............ .
-
~
~... .... ............
,,
,
,
............. / ............. -1 ............+. ····........ 1············· , ............. +............ .
,,
,
,,
,
""
··
·
.
~
~
..
..
,,
,,
UtlIT LHBOR COGT
,
............. ............. ........... _
- . . .-: ............
~
-
~
.... ~"............. + ... .
,
,,
,,
:,
UtI!T
-5
..
.
"
........... ,:..... . ...... -l.- ............ .
,,
,
:
•
3.3
······!·············1········ ····T/········
tlOtlL~BOR P~Y ME tlTS
~
~
~
o
"
5
o
,,
,,
:,
"
........ _... ·f .. ··· ........ ............. ..;. ............. ........... _., .......
~
5
,
,
,,
·
.
.
,
......... ··.. t·· ........... .j........... -- +.. ·--........ f.... ··.. ·· .. ·l··· ........ +.
,,
:
:
.
.
:
·
:
:
:
:
--.. --....... r;:. .:.. --.... ...........---:- ............. .........................................
'"'' "/'"•:" " ,, ~,L
"",L
i
.
: "" ",' .""""" "'~"""""'"
:
o
,,
,
.
.
.
.
-... t··· ........ - . .. ----.... -:-............
·t .. ······ ..... ............. ............ .
-5
·
.
.
.,
IMPLICIT PRICE OEfLHTOR
"
·:
.
.
......... ............-.... . ............ .................
.
"
•
,,•
,,•
,,•
,,
5,'
,,
,,
,
,
,
..
"
.. .
5
,
:,
.
:
,
· ~···
~
~
'
-
~
-
,
..............•........
~
.. . ~ . . ..... ..•.•. ; .... .........
,
1970
1971
1972:
1973
ISH
19i5
AUG 26
1976
1976
CHR RT 4 .
UNI T COS TS . UNIT PRO f ITS RNO PRICES
NO NFI NRN CI RL CORPO RRTI ONS
( PE RCE NT CHRNGE FROM SRM E
QURR TER R YERR RGO)
,,
,,
,
,,
,,
,
,,
,,
,
.. ----_ ,, - ...... _. __..
,
UN ! T LA BOR COST
,,
,,
,,
............. ,, ............
...
,,
,
__ • • • __ • • • • __ . _ • • • • • • • • _ . __ 4 - • • _ . . . . . . . . . . .. . . . . . . . . . . . .
~
"
:
3 ·3
,, ... . .......•.............
,
,,,...... . .... ~, .... ---.---. ,
~
,,
,,
,,
,,
,
UN
IT
NONl
A60R
COS
T
.............•..........
,,
,,
,,
...... -- --- ,,,. ---- - ---- ... ,, ...... -.. ... ,
,,
,,
,
,
,
--.-.--
...................
,
-.
~
"
·············1········· · -·i···---··-·--·-, --
,,
,,
,
i
-- .- . - - .................
,,
,
,,
T~TAL UNIT C05T
,,
,,
,,
,,
.. · .. ·· .. ··i,..............,f ..•••
,
,
".~""""""~"""""--'
,
,
... _........ ,,..... . ...... T·
.. ··.. ·j·j-,
,,
···-·,-······· ··· ··i····
, · ·····
:
.I
.+--..
---- 3.....
,
,,
,,
,u
,,
,,
,,
,,
,,
........ .... _,-_
..
_-- - ....
..... .. .
).
....
·····--..
1··
..........
·
,
....
·
,,
,
,,
,,
,
,
,,
,,
,,
,,,
,,
,,
,, I~ n '
,
,
,,
,,
,,
,, II 10.7
H .}
,
,
,
, - - - - .. .--- , -- ____ __ ..., __III
,
, ... _--_ ... -....
l~_ .66.~ ..
-- .. -. - ......., . ...........•..............•
,
,
,
,
,,
,,
,,
,,
i 1976 :
,,
,,
,,
,
:
1 7l . 9
UN IT P ROf ITS
,,
,,
,,
,
,
,
-- ....... --
...
,
-···· · · -···-- ,-·
---···---···f, ········ · .. 1, .... • • ...... ·-1·
·
,,
,
,,
,,
,,
,,
,,
,
,,
.,
., _. ..... ..•.
., . .... ....................
_..•....
,,
,,
,,
,,
,
,,
,
- .. -- .............................................
1970
I 97 I
19B
,,
,,
,,
,,
,,
,
.... .................
....
,
.-...
,,
,,
,,
,
,
,
"
"
",
,
"
",
,
"
"
",
,
-,
-"
~ --- .- ---
.. ---
,,
-- ._ .. ._..... ............. . _..
1975'
RUG
"
",
16
1976
1976
-"
-"
-"
@FedFRASER