The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
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ss,
, 1
-
Hi'st`orical., technical .
information : ( 202) 521-9261
Current data,
(202) 523-1.221 or 1209
Media contact : ( 202) 52 3 -1913
U . S . Department of Labor
Bureau of Labor Statistics
Washington , D .C . 20212
USDL R4-130
For Release : 10 :00 EDT
Tuesday , J uly 31 1994
PRODUCTIVITY COSTS
Second Quarter 1994
Business , Nonfarm Business , and Manufacturing Sectors
Productivity, as measured by output per hourr of all persons, increased at a 2 .9
percent seasonally adjusted annual rate in the second quarter of 1984 in the
business sector, according to preliminary measures announced today by the
Bureau of Labor Statistics of the U .S . Department of Labor (table A) . During
the first quarter, productivity advanced 4 .n percent, according to revised
measures .
The following tabulation shows the annual rate of productivity increase in the
second quarter in major sectors :
2 .8
3 .3
3 .2
2 .2
4 .7
percent
percent
percent
percent
percent
in
in
in
in
in
the business sector,
the nonfarm business sector,
manufacturing,
durable goods manufacturing, and
nondurabl .es goods manufacturing .
Second quarter measures are summarized
tables 1 through 5 .
in table A and appear in detail in
All of the productivity and cost measures in this release incorporate revised
output and compensation measures reported by the Bureau of Economic Analysis
of the U .S . Department of Commerce on July 23, 1984, as Hart of the regular
revision cycle of the National Income and Product Accounts--the Gross
National Product ( GNP) measures . These revisions affected the productivity
and cost measures beginning with 1981 .
In addition, revised values for seasonally adjusting measures of employment
and average weekly hours were introduced . Also, data for employees of
nonagricultural establishments were re-henchmarked to the most recent levels
from Unemployment insurance data and improved estimates of employment levels
in agricultural services were incorporated . These additional changes
affected, in some cases, measures for years prior to 1981 . Historical.
information, which shows the effect of these revisions, is avail .ahle on
request from the office of productivity and Technology, Bureau of Labor
Statistics, Washington, n .C . .20212 ; telephone (202) 523-0261 .
Centennial
of Labor
Statistics
The appendix tables contained in this news release present the productivity
and related measures for the entire period affected by the GNP revisions-1981 forward .
-1) Tabl e A . Producti vity and costs
(Seasonally adjusted)
Sector
Productivity
percent change at annual rate
Real
Hourly hourly Unit
compen- ` compen - labor
Output Hours sation satton costs
PRELIMINARY
First quarter 1984 to second quarter 1994
Business
Nonfarm business
Manufacturing
Durable
Nondurable
2 .8
3 .3
3 .2
2 .2
4 .7
R .7
R .0
R .2
R .9
7 .2
5 .7
4 .0
4 .8
6 .5
2 .4
1 .8
1 .6
3 .1
2 .8
3 .2
-1 .8
-1 .0
-0 .6
-0 .9
-n .4
-1 .0
0 .1
-n .1.
0 .6
-1 .4
Second quarter 1983 to second quarter 1984
Business
Nonfarm business
Manufacturing
Durable
Nondurable
2 .7
2 .1
3 .9
4 .5
2 .9
9 .3
4 .1_
12 .6
16 .2
7 .5
6
6
8
11
4
.4
.6
.4
.2
.5
4 .0
4 .0
4 .5
4 .5
4 .0
-0
-0
0
0
-0
.3
.1
.2
.1
.3
1
1
0
0
1
.2
.6
.6
.0
.1
Business sector
Output per hour of all persons engaged in the business sector increased at an
annual rate of 2 .8 percent during the second quarter of 1984, compared with a
4 .0 percent increase during the first quarter (table 1) . The second quarter
increase reflected a 8 .7 percent advance in output and an increase of 5 .7
percent in hours . Output and hours both grew more moderately in the second
quarter than in the first, but employment increased at a 4 .R percent
seasonally adjusted annual rate to both quarters .
and employer
which includes wages, salaries ,
Hourly compensation ,
contributions to employee benefit plans, increased at a 1 .8 percent annual
rate during the second quarter, compared with a 6 .2 percent gain during the
in hourly
first quarter . ( This measure nartly reflects a decline
compensation in the farm sector, which is incl uded in the business series .)
The second -quarter increase in hourly compensation in the business sector was
the smallest since the first quarter of 1969, when a 1 .7 percent increase was
recorded .
Real hourly compensation, which is adjusted for changes in the Consumer Price
Index for All Urban Consumers (CPI-U), declined at a 1 .9 percent annual rate
during the second quarter, compared with a 1 .2 percent increase during the
first quarter of 1994 . This was the first decline in real hourly
compensation since the third quarter of 1 .023 .
Unit labor costs--compensation oer unit of output--declined at a I .n percent
annual rate during the second quarter, compared with a 3 .1 percent increase
during the first quarter .
The implicit price deflator for the business sector--which shows the effects
of changes in unit labor costs and unit nonlahor payments--increased at a 2 .7
percent annual rate during the second quarter, compared with a 3 .7 percent
gain during the first quarter .
Nnnfnrm hi . clnnsw
Productivity increased at a 3 .3 percent annual rate in the second quarter in
the nonfarm business sector, compared with a 2 .o percent gain during the
first quarter . Although productivity grew more rapidly in the second
quarter, output and hours growth was more moderate than during the first
quarter (table 2) .
Hourly compensation increased at a 3 .6 percent annual rate in the second
quarter, compared with a 6 .1 percent gain during the first quarter . Real
hourly compensation declined 0 .1 percent, compared with a 1 .(1 percent gain in
the first quarter . Reflecting the slowing of hourly compensation and the
faster productivity growth during the second quarter, unit labor costs rose
only 0 .1 percent compared with a 3 .1 percent rise during the first quarter .
The implicit price deflator for nonfarm business output increased 2 .2 percent
in the second quarter .
Manufacturing
Productivity rose at a 3 .2 percent annual rate in manufacturing during the
second quarter, as output increased 6 .2 percent and hours rose 4 .R percent .
The gains in productivity, output, and hours were all more moderate than in
the first quarter in this sector (table 3) . Hourly compensation slowed
appreciably in the second quarter, showing a 3 .1 percent rise . During the
first quarter, an 11 .0 percent increase occurred . After allowing for the
increase in the CPI-U, real hourly compensation declined at a 0 .6 percent
annual rate in the second quarter, compared with a 5 .8 percent rise during
the first quarter .
Productivity advanced more rapidly in nondurable than in durable goods
manufacturing in the second quarter : however, output and hours both increased
more among durable goods manufacturers . The more rapid growth in nondurahles
productivity was reflected in the 1 .4 percent decline in unit labor costs in
the sector . These costs rose 0 .6 percent in durables (tables A, 4, and S ) .
Revised measures
As noted in the box on page 1, all of the measures in this news release
reflect revised ;NP series recently released by the U .S . Department of
seasonal
Commerce . This more complete data, along with newly computed
adjustment factors and benchmark levels, resulted in changes in both annual
.
The
new
data
are
found
in
and quarterly productivity and cost series
appendix tables 1 through 6 .
TECHNICAL NOTES
Business sector output {s equal to gross national product, less the rest-ofthe-world sector, general government, output of paid employees of private
households and nonprofit institutions, rental value of owner-occupied dwellings,
and the statistical discrepancy in computing the national income accounts .
Corresponding exclusions are also made in labor inputs . Business output has
accounted for about 77 percent of gross national product in recent years .
Total manufacturing measures are computed by summing series brepared for the
durable and nondurable goods sectors .
The durable sector includes the following 2-digit SIC industries : Primary
metals ; fabricated metal products ; nonelectrical machinery ; electrical machinery ;
transportation equipment : instruments ; lumber and lumber products : furniture and
fixtures : stone, clay, and glass products ; and miscellaneous manufactures . The
nondurable sector includes the following 2-digit SIC industries : Textile mill
products, apparel products, leather and leather products, printing and
publishing, chemicals and chemical products, petroleum products, rubber and
plastic products, foods, and tobacco products .
Manufacturing output has accounted for about 24 percent of gross national product
in recent years .
Nonfinancial corporate output is equal to gross national product, less the
rest-of-the-world sector, general government, unincorporated business, output of
paid employees of private households and nonprofit institutions, rental value of
owner-occupied dwellings, the output of corporations engaged in banking, finance,
stock and commodity trading, and c=_dit and insurance agencies, and the
statistical discrepancy in computing the national income accounts . Nonfinancial
corporate output has accounted for about 30 percent of gross national product in
recent years .
The productivity and associated cost measures in this news release describe the
relationship between output in real terms and the labor time involved in its
production . They show the changes from period to period in the amount of goods
and services produced per hour . Although these measures relate output to hours
of all persons engaged in a sector, they do not measure the specific
contributions of labor, capital, or any other factor of production . Rather, they
reflect the joint effects of many influences, incl .uding changes in technology ;
capital investment : level of output : utilization of capacity, energy, and
materials ; the organization of production : managerial skill : and the
characteristics and effort of the work force .
-5-
Table 1 . Business sector : Productivity, hourly compensation, unit labor cost, and prices, seasonally adjusted
Real
Unit nonImplicit
Hours
CompensacompensaUnit
Output per
Output
price
tion per
labor
labor payhour
of all
tion per
hour(2)
cost
ments(3)
deflator(4)
persons
hour(l)
of all persons
----- --------- ------------------ ------------ ------------ ----------------- ------------- -------------- ---------------- ----------Indexes 1977=100
Year and
quarter
1983
1
II
III
IV
ANNUAL
.2r
.6r
.3r
.7r
106 .9r
IlO .lr
112 .5r
114 .7r
104 .7r
106 .2
107 .9
109 .5r
160 .2r
161 .Or
161 .Rr
164 .2r
99 . Or
98 .5r
9R .Or
98 .4r
156 .8r
1.55 .4r
155 .lr
156 .Rr
139 .Rr
144 .6r
147 .9r
149 .lr
151 .Or
151 .7r
152 .7r
1 .54 .2r
103 .7r
11.1 .Or
107 .lr
161 .7r
9R .4r
156 .Or
145 .5r
152 .4r
102
103
104
104
98 .6r
157 .7r
151 .6r
155 .6r
105 .7r
1.17 .8
111 .4r
166 .7r
I
98 .2p
155 .4p
156 .7p
lll .Op
167 .5p
157 .3p
II
l06 .5p
120 .3p
----------------------------------------------------------------------------------- --------- -------------------------Percent change from previous quarter at annual rate(5)
1984
1983
I
II
III
IV
ANNUAL
2 .lr
5 .9
2 .Rr
1 .4r
2 .7
4 .4r
12 .4r
9 .3r
7 .Rr
2 .2r
6 .lr
6 .4r
6 .2r
4 .4r
? .2r
? .Or
6 .lr
4 .4r
1 .7r
4 .3r
4
-2
-2
1
.lr
.lr
.lr
.6r
2 .2r
-3 .5r
-O .Rr
4 .6r
l .lr
1 .6r
10
14
9
3
.2r
.5r
.5r
.lr
6 .3r
4
1
2
4
.6r
.9r
.5r
.lr
3 .Or
2 .lr
7 .Or
3 .7r
7 .2r
6 .2r
1 .2r
I
4 .Or
11 .4r
.Op
5
.7p
1
.Rp
-l
.Rp
-1
10
.4p
2 .7p
2
.Rp
8
.7p
II
---- ---------- ------------------ ---------------------- -- ----------------- ------------ -------------- --------------- ----------Percent change from corresponding quarter of previous year(6)
1984
1993
1
II
III
IV
ANNUAL
1QR4
I
iI
1 . .2r
3 .3r
3 .4r
3 .lr
2 .7
3 .5r
-0 .2r
3 .4r
6 .lr
R .4r
-1 .4r
0 .1
2 .6r
5 .2r
4 .4r
10 .2r
5
4
3
1
.8r
.6r
.3r
.7r
2 .lr
l .lr
0 .7r
0 .3r
4 .5r
1 .3r
-0 .lr
0 .6r
1 .3r
5 .5r
R .9r
9 .2r
3 .5r
2 .6r
2 .7r
3 .3r
1 .7r
4 .3r
1 .lr
1. .6r
6 .3r
3 .Or
6 .5r
4 .lr
-0 .4r
0 .6r
R .4r
3 .Or
9 .3p
6 .4p
4 .Op
-0 .3p
1 .2_p
7 .5p
3 .2p
2 .7p
---- ---------- ---- -------------- ----------- ------------ ------------------ ------------ -------------- --------------- ----------See footnotes following table 6 .
July 31, 1Q84
r=re vised
Source : Bureau of Labor Statistics
eliminary
.
p=pr
-6Table 2 . Nonfarm business sector : Productivity, hourly compensation, unit labor cost, and prices, seasonally adjusted
Real
Hours
CompensacompensaUnit
Unit nonOutput per
Output
Implicit
hour
of all
tion per
tton per
labor
labor payprice
hour(2)
ments(3)
of all persons
persons
hour(l)
cost
deflator(4)
----- - - - ------ ------------------------------ ------------ ----------------- ------------------------ --------------- ------------Indexes 1977=100
Year and
quarter
1983
I
II
III
IV
ANNUAL
1.01 .6
103 .6r
104 .lr
104 .4r
106 .7
110 .4r
112 .7r
115 .2r
105 .lr
106 .5r
109 .2
110 .3r
160 .lr
161 .5r
162 .4r
164 .Or
99 .Or
98 .Rr
9R .3r
98 .2r
157 .6r
155 .9r
155 .9r
157 .lr
140 .6r
146 .4r
149 .4r
151 .4r
151 .9r
152 .7r
153 .Rr
155 .2r
103 .4
111 .2r
107 .5r
162 .Or
98 .6r
1.56 .6r
147 .Or
153 .4r
105 .2r
11R .Or
112 .3r
166 .5r
98 .5r
158 .3r
I
152 .2r
156 .3r
106
.Op
120
.4p
113
.5p
167
.Qp
98
.5p
15R .4p
154 .5p
157 .1p
II
---- ---------- ------- - - ------------ -------- ------------- ----------------- ------------ ---------------------- ----- ------------Percent change from previous quarter at annual rate(5)
1984
I
II
III
IV
4 .4r
A .lr
2 .lr
l .Or
6 .Or
14 .3r
B .7r
9 .lr
1 .5r
5 .7r
6 .5r
R .Or
5 .7r
3 .5r
2 .2r
4 .ir
5 .4r
-0 .Ar
-1 .9r
-0 .3r
1 .3r
-4 .2r
O .lr
3 .Or
12 .7r
17 .Rr
R .4r
5 .3r
ANNUAL
3 .5r
5 .Or
1 .5r
4 .9r
1 .6r
1 .4r
7 .4r
1983
4
2
2
3
.6r
.2r
.7r
.7
3 .2r
7 .2r
I
2 .9r
10 .3r
6 .lr
1 .0
3 .lr
2 .3r
2 .Rr
II
3 .3p
8 .Op
4 .6p
3 .6p
-0 .1p
0 .3p
6 .1p
2 .2p
-------------- --------------------- -------- ------------- ----------------- ------------- ----------- --------------- ------------Percent change from corr esponding quarter of previous year(6)
1984
I
II
III
1 .Sr
4 .3r
3 .9r
0 .3r
4 .lr
6 .3r
-1 .5r
-0 .2
2 .3r
6 .nr
5 .4r
4 .lr
2 .4r
2 .nr
1 .5r
4 .1r
l .rr
0 .2r
ANNUAL
3 .5r
5 .nr
1 .5r
4 .9r
1
3 .5r
10 .6r
6 .9r
4 .Or
1983
IV
1994
3 .9
9 .5r
5 .4r
3 .9r
0 .Or
2 .7r
6 .5r
9 .2r
10 .9r
3 .7r
2 .8r
3 .0r
1 .6r
1 .4r
7 .4r
3 .2r
-0 .5r
0 .4r
8 .3r
2 .9
0 .6r
3 .3r
9 .1p
4 .flp
-0 .3p
II
2 .3p
6 .6p
1 .6p
5 .5p
2 .9p
---- ---------- -------------------- --------- ------------- ----------------- ------------- ----------- ---------------- -----------See footnotes following table 6 .
r=re vised
p=pr eliminary
July 31, 1984
Source :
Bureau of Labor Statistics
-7Table 3 . Manu facturing sector : Productivity ,
seasonally adj usted
Year and
quarter
Output per
hour
Output
hourly compensation ,
Hours
( 7)
of all
and unit labor cost,
Compensa -
tion per
Real
compensa-
Lion per
Unit
labor
of all persons
persons
hour ( 1)
hour ( 2)
cost
-------------- -------------------- ----------- -------------- ------------- ---------------- --------- -
Indexes 1977=100
I
II
III
IV
109 .lr
110 . Rr
113 .4r
113 .lr
98 .4r
102 .4r
107 .2r
109 .6r
90 .2r
92 .4r
94 .6r
96 .9r
162
163
163
164
.7r
.Or
.5r
.6r
100 .6r
99 .7r
.0r
99
98 .6r
149 .lr
147-Or
144 .lr
145 .5
ANNUAL
111 .6r
104 .4r
93 .5r
163 .4r
99 .4r
146 .4r
114 .2r
113 .Or
9R .9r
169 .Or
100 .Or
148 .Or
.2r
.6r
.3r
.9r
3 .9r
-3 .5r
-2 .Rr
- 1 .5r
-0 .5r
-5 .5r
-7 .7r
3 .9r
1983
1984
I
lOO .lp
170 .3p
99 .9p
14R .Op
----------------------------------------------- -- --- ----------------------- ------------- ---------II
115 .1p
115 .2 p
Percent change from previous quarter at annual rate(5)
7
17
20
Q
.3r
.lr
.5r
. lr
2
1O
9
1O
.4r
.Or
.9
.2r
4
O
1
2
I
II
III
IV
4 .Rr
6 .4r
9 .7r
-1 .Or
ANNUAL
4 .3r
5 .2r
0 .9r
3 .4r
0 .2r
-0 .Rr
1983
1984
I
II
3 .7r
3 .2p
12 .9r
8 .2p
8 .8r
1l .Or
5 .Rr
7 .Or
1993
I
II
3 .4r
4 .3r
-2 .2r
2 .4r
-5 .4r
-1 .8r
5 .5r
3 .6r
l .Rr
0 .3t
2 .Or
-0 .6r
IV
4 .9r
13 .4r
8 .lr
2 .2r
-l . Or
-2 .6r
ANNUAL
4 .3r
5 .2r
1
IT
4 .7r
14 .Rr
-0 .6p
-O .lp
4 .Rp
3 .1p
-------------- -------•------------- ------------ ------------- ------------- ---------------- ---------Percent change from corresponding quarter of previous year(6)
III
1984
4 .3r
7 .6r
-l .Qr
2 .3r
-0 .3r
0 .9r
3 .4r
0 .2r
-0 .8r
9 .7r
3 .9r
- O .Fr
-0 .7r
3 .lr
0 .6p
4 .5p
0 .2p
R .4p
3 .9p
12 .6p
-------------- ------- ---- --- ------ ----------- -------------- ------------- ---------------- ---------See footnotes following table 6 .
r-revised
paprel. tminary
July 31, 1984
Source :
Bureau of Labor Statistics
-8-
Table 4 . Durable manufacturing sector : 9roductivity, hourly compensation, and unit labor cost,
seasonally adjusted(ll)
Year and
quarter
Output per
hour
Output
(7)
Hours
of all
Real
Compensation per
compensation per
ifO
99
98
97
Unit
labor
hour(?)
of all persons
persons
hour(l)
cost
---- ---------- -------------------- ----------- -------------- ------------- -------------------------Indexes 1077=100
1983
I
II
III
IV
lOR .5r
110 .Rr
113 .5r
113 .lr
95 .6r
100 .lr
105 .7r
109 .Or
88 .lr
90 .4r
93 .2r
96 .4r
162
162
162
163
.2r
.2r
.5r
.4r
ANNUAL
111 .5r
102 .6r
92 .Or
162 .5r
.ir
.2r
.4r
.Rr
149 .5r
146 .5r
143 .2r
144 .4r
98 .9r
145 .8r
99 .6r
146 .2r
113 .9r
98 .9r
16R .3r
I
115 .lr
.3p
146 .4p
100
.5p
169
.4p
9Q
115
.7p
116
.3p
II
------------------------------------------------- ---------- ------------- -------------------------Percent change from previous quarter at annual rate(5)
1984
1983
1994
.3r
.9r
.Rr
.6r
3 .9r
n .lr
n .Rr
2 .1r
3
-4
-3
-2
.6r
.lr
.2r
.3r
-3 .lr
-7 .9r
-R .5r
3 .3r
5 .7r
n .lr
3 .lr
-O .lr
-2 .3r
1R .9r
10 .9r
12 .5r
7 .2r
5 .Or
.2r
.7r
.2r
.2r
10 .7r
20 .5r
24 .2r
13 .2r
ANNUAL
5 .6r
I
7 .2r
I
II
III
IV
II
7
8
1O
-1
2 .2p
R .9p
3
lO
12
14
6 .5p
2 .Rp
-0 .9p
0 .6p
-------------- -------------------- -------------------------------------- ---------------- ---------Percent change from corresponding quarter of previous year(6)
1983
I
II
III
IV
4 .7
5 .7r
5 .5r
6 .lr
ANNUAL
5 .6r
.Rr
.Rr
.5r
.Or
-R .lr
-3 .7r
2 .9r
1O .3r
5 .7r
O .lr
-3
1
8
17
.5r
.4r
.8r
.7r
1 .Rr
O .lr
-O .Rr
-1 .6r
O .7r
-2 .2r
-3 .5r
-4 .2r
3 .lr
-O .lr
-2 .3r
5
3
1
1
-2 .2r
-0 .7r
12 .3r
3 .7r
1Q .2r
I
6 .1r
O .Op
4 .5p
O .lp
11 .2p
4 .5p
16 .2p
II
----------------------------------------- ---------- ------------------------------ -------------See footnotes following table 6 .
July 31, 1984
rmrevised
1984
p=pr eliminary
Source :
Bureau of Labor Statistics
Table 5 . Nondurable manufacturing sector : Productivity, hourly compensation, and unit labor cost,
seasonally adjusted(12)
Year and
quarter
Output per
Output
Hours
Compensa-
'Zeal
compensa-
Unit
hour
(7)
of all
tion per
tion per
labor
of all persons
persons
hour (l)
hour( 2)
cost
---- ------------------------------ ----------- ------------- ----------------------------- ----------- Indexes 1977=100
1983
1984
I
II
III
IV
11O .Or
110 .9r
113 .3r
113 .2r
102 .6r
105 .7r
109 .5r
110 .5r
93 .3r
95 .3r
Q6 .6r
97 .6r
164
165
165
167
.5r
.lr
.7r
.lr
101 .7r
101 .Or
100 .3r
100 .lr
149 .6r
148 .Rr
146 .2r
147 .6r
ANNUAL
111 .9r
107 .lr
95 .7r
165 .6r
100 .7r
14R .Or
I
112 .Rr
111 .7r
99 .Or
170 .3r
100 .Rr
151 .Or
9Q .5p
II
114 .1p
113 .6p
171 .7p
100 .7p
150 .4p
---------------------------------- ----------- ------------- -------------- --------------- --------- --
Percent change from previous quarter at annual rat e(5)
1993
I
II
III
IV
1 .5r
3 .4r
9 :nr
-0 .6r
ANNUAL
2 .4r
2
12
15
3
.Rr
.5r
.3r
.4r
1 .3r
R .Rr
5 .Rr
4 .Or
4
1
1
3
.5r
.4r
.4r
.4r
4 .lr
-2 .Rr
-2 .6r
-1 .flr
2 .Qr
-1 .9r
-7 .Cr
4-Or
4 .4r
2 .Or
4 .lr
0 .9r
1 .7r
1984
I
-1 .3r
4 .4r
5 .Rr
R .nr
2 .9r
9 .4r
7 .2p
2 .4p
3 .2p
-0 .4p
-1 .4p
II
4 .7p
---- ------------------ ------------ ------------------------- - -- ---------- - ------------ - ----------Percent change from corresponding quarter of previous year(6)
1983
I
II
III
IV
ANNUAL
1
2
2
3
.4r
.2r
.7r
.3r
2 .4r
O
3
6
8
.lr
.lr
.2r
.4r
-1 .4r
0 .9r
3 .5r
4 .9r
6 .2r
4 .5r
3 .2r
2 .7r
2 .5r
l .lr
0 .6r
-0 .6r
4 .4r
2 .Or
4 .lr
() .Qr
4
2
0
-0
.7r
.2r
.6r
.6r
1 .7r
-0 .9r
0 .9r
R .Rr
6 .lr
3 .5r
I
2 .6r
4 .5p
4 . ()p
-0 .3p
1 .1p
2 .9p
7 .5p
ii
---- --° ------- ------------°---------- -------- ------------- -------------- --------------- ----------See footnotes following table 6 .
July 31, 1984
r=re vised
1984
p=pr eliminary
Source :
Bureau of Labor Statistics
-10-
Table 6 . Nonfinancial corporations : Productivity, hourly compensation, unit labor cost, unit profits,
and prices, seasonally adjusted
Year
and
quarter
Output
Employee Hourly
Real
Unit
Unit
Total
Unit Implicit
labor
per allOutput
hours compensa- hourly
nonunit
proprice
employee
tion
compencost
labor
cost
fits deflator
sation(2)
(9)
(10)
hour
(1)
cost(8)
(4)
-------------------------------- --------- ------- -- ----------- -------- -- --------- --------- ----------------Indexes 1977 =100
1983
I
II
III
IV
104 .Or
105 .8
107 .2r
107 .2r
107 .5r
111 .4r
114 .7r
117 .Or
103 .4r
105 .2
106 .9
109 .2r
159 .2r
160 .6r
161 .8r
162 .6r
98 .4r
98 .2r
98 .Or
97 .4r
153 .lr
151 .7r
150 .9r
151 .7r
167 .Or
165 .lr
164 .4r
163 .3r
156 .7
155 .2r
154 .4r
154 .7r
92
111
126
135
.5r
.8r
.6r
.9r
149 .4r
150 .2r
151 .2r
152 .6r
ANNUAL
106 .lr
112 .6r
106 .2r
161 .Or
97 .9r
151 .8r
164 .9r
155 .2
117 .2r
150 .9r
1984
I
108 .lr
120 .2r
111 .2r
164 .8r
97 .5r
152 .5r
162 .Or
155 .Or
143 .2r
153 .6r
---- ---------- ---- ------ -------- --------- --------- ----------- --------- ------------------- ------- ---------Percent change from previous qu arter at annual rat e(5)
1983
I
II
III
IV
ANNUAL
1984
I
3 .2
7 .5r
5 .3r
-0 .2r
4 .4r
15 .lr
12 .4r
8 .4r
1 .2r
7 .lr
6 .7r
8 .6r
3 .9r
3 .5r
3 .Ir
2 .Or
3 .5r
-O .Rr
-1 .Or
-2 .4r
0 .7r
-3 .7r
-2 .lr
2 .lr
3 .3
4 .5r
1 .Ir
4 .2r
0 .Qr
11 .6r
7 .7r
5 .7r
0 .7r
3 .6r
-4
-4
-1
-2
.lr
.5r
.7r
.6r
-0 .7r
-3 .9r
-2 .Or
0 .8r
124
112
64
32
0 .8r
O .lr
0 .6r
38 .5r
3 .lr
2 .Or
-3 .2r
0 .6r
23 .4r
2 .7r
.6r
.8r
.8r
.6r
4
2
2
3
.7r
.3r
.Rr
.6r
Percent change from corresponding q uarter of previous year(6)
1991
I
II
III
IV
ANNUAL
1
3
3
3
.8r
.7r
.Rr
.9r
3 .3
-l
3
6
ln
.t .r
.lr
.3r
.0r
-2 .8r
-0 .6r
2 .4r
5 .9r
4 .5r
1 .2r
5
4
3
3
.4r
.6r
.6r
.lr
4 .2r
1
1
l
-0
.7r
.3r
.nr
.2r
3 .5r
0 .9r
-0 .2r
-0 .8r
3 .3r
0 .5r
O .Or
-3 .2r
3 .5r
0 .Rr
-0 .7r
-1 .5r
3 .5r
28 .7r
46 .3r
79 .Rr
3 .5r
2 .7r
3 .Or
3 .3r
0 .9r
n .8r
0 .lr
0 .6r
38 .5r
3 .lr
7 .5r
1994
1
4 .n
11 .8r
3 .6r
-0 .9r
-0 .4r
-3 .Or
-1 .1r
54 .Rr
2 .9
- --- --------- ----------- -------- -------- ---------- ----------- --------- ---- --------------- ----------------See footnotes following table 6 .
r=re vised
July 31, 1994
p=pr eliminary
Source : Bureau of Labor Statistics
-11Footnotes , Tables 1-6
SOURCE : Output data From Bureau of Economic Analysis, U .S . T)apartment of
Commerce, and the Federal Reserve Board . Compensation and hours data from the
Bureau of Labor Stati.stl.cs, U .S . Department of Labor, and the Bureau of
Economic Analysis .
RELIABILITY : Based on data covering the period from the first quarter of 1976
to the second quarter of 1083, the probability is 0 .95 that the interval
between -1 .8 and 2 .1 index points contains the revision 'of the index of
productivity in the business sector from the First to the third quarterly
publication of the estimate .
(1) Wages and salaries of the employees plus employers' contributions for
social insurance and private benefit plans . Except for nonfinancial . corporations, where there are no self-employed, data also include an estimate of wages, sal aries, and supplemental payments for the self-employed .
(2) Compensation per hour adjusted for changes in the Consumer Price Index
for All Urban Consumers .
(3) Nonlahor payments include profits, depreciation, interest, rental
income, and indirect taxes .
(4) Current dollar gross product divided by constant dollar gross product .
(5) Quarterly changes : percent change compounledt at annual . rate from the
original data rather than index numbers . Annual changes : percent change
between annual average levels .
(6) Quarterly changes : current quarter divided by comparable quarter a year
ago . Annual changes : percent change between annual average levels .
(7) Quarterly measures adjusted to annual estimates of output (gross productsoriginating) from the Bureau of Economic Analysis, U .S . Department
of Commerce .
(8) Unit nonlabor cost includes depreciation, interest, and indirect taxes .
(Q) Total unit cost is the sum of labor and nonlabor costs .
(10) Unit profits include corporate profit and inventory valuation adjustment .
(11) The durable sector includes the following 2-digit SIC industries :
Primary metal : fabricated metal products ; nonelectrical machinery :
electrical machinery ; transportation equipment ; instruments : lumber and
lumber products : furniture and fixtures : stone, clay, and glass products ;
and miscellaneous manufactures .
(12) The nondurable sector includes the following 2-digit SIC industries :
Textile mill products, apparel . products ; leather and leather products :
printing and publishing ; chemicals and chemical products : petroleum
products ; rubber and plastic products : foods : and tobacco products .
-12-
Appendix Table 1 . Business sector : Productivity, hourly compensation, unit labor cost, and prices,
seasonally adjusted
Real
Output per
Output
Hours
CompensacompensaUnit
Unit nonImplicit
hour
of all
tion per
tion per
labor
labor payprice
of all persons
persons
hour(1)
hour(2)
cost
ments(3)
deflator(4)
----- ---------- ----------------- ------------------------ ----------------- ------------- ------------- ------------ -------------Indexes 1977=100
Year and
quarter
1981
I
II
III
IV
ANNUAL
1982
100 .5
109 .2
108 .7r
139 .2r
95 .9r
138 .5r
132 .5r
136 .5r
100 .7r
109 .2r
lOR .4
14? .4r
95 .5r
142 .4r
136 .7r
140 .4r
13R .Or
145 .9r
136 .5r
149 .3r
100 .ir
101 .5r
100 .3r
109 .3r
110 .lr
108 .lr
lOR .6
10R .5r
107 .Rr
I
100 .9r
107 .lr
106 .lr
IV
101 .6r
105 .Rr
l04 .lr
II
III
100 .3r
1.00 .9r
106 .4r
106 .1r
106 .lr
105 .lr
141 .7r
145 .1r
147 .6r
95 .7r
95 .3r
95 .4r
1.40 .9r
142 .9r
147 .tr
t51 .4r
96 .9r
150 .nr
15R .4r
9R .Or
155 .9r
153 .9r
136 .7r
97 .2r
97 .3r
153 .4r
155 .3r
114 .2r
140 .5r
139 .6r
137 .0
135 .Rr
138 .6r
142 .lr
144 .6r
147 .9r
14R .7r
ANNUAL
153 .6r
136 .Rr
147 .9r
100 .9r
106 .3r
105 .4
155 .0r
97 .3r
--------------- ----------------- ----------------------------------------- -------------------- ------------------ -------------Percent change from previous quarter at annual rate(s)
1981
I
II
III
IV
6
0
3
-4
ANNUAL
1982
I
II
III
.Or
.6r
.6r
.7r
IV
.7r
.lr
.5r
.3r
4 .3r
6 .Rr
6 .Or
12 .3r
9 .4r
-0 .9r
-S .9r
10 .7r
-3 .Rr
4 .5r
.4r
.3r
.lr
.2r
2 .2r
-0 .4r
-0 .4r
-2 .6r
1 .9r
2 .5r
0 .6r
2 .5r
-3 .6r
2 .7r
-1 .2r
-2 .3r
2 .4r
R
0
3
-7
-2 .6r
-1 .3r
-0 .3r
-3 .6r
10
7
9
7
.5r
.5r
.Rr
.Or
6 .Rr
7 .5r
.3r
.2r
.3r
.4r
tl .5r
6 .3r
10 .5r
7 .2r
7 .3r
14 .6r
9 .6r
6 .7r
R .nr
-4 .7r
3 .7r
2 .9r
1 .7r
1 .9r
1 .Rr
-0
-l
-t
0
1 .3r
0 .3r
9 .4r
5 .0
2R
5
20
-2
-2 .7r
-3 .4r
5 .4r
2 .3r
R .lr
7 .9
0 .lr
5 .lr
ANNUAL
0 .2r
-2 .6r
-2 .Rr
1 .9r
---- ---------- ----------------------------------------------------------- - - - - -------- -------------------------- -------------Percent change from corr esponding quarter of previous year(6)
1QR1
1982
I
II
III
IV
1
2
2
1
.3
.2r
.7r
.3r
1
3
4
l
.0r
.Rr
.5r
.nr
-0
1
t
-0
.4
.5r
.7r
.3
1n .3r
9 .2r
9 .3r
R .7r
-O
-O
-1
-O
.Rr
.Sr
.4r
.Rr
9
6
6
7
.9r
.9r
.4r
.3r
14 .6r
14 .7r
16 .Rr
12 .2r
10
9
9
R
.7r
.3r
.7r
.9r
ANNUAL
1 .9r
2 .5r
0 .6r
° .4r
-0 .9r
7 . .9r
14 .fr
9 .6r
I
II
n .5r
-0 .3r
-1 .9r
-2 ..6
-7 .4
-7. .3r
R .Rr
R .6r
R .Or
l .nr
1 .6r
4 .2r
2 .lr
6 .9r
6 .7
7 .4r
2 .1r
2 .Rr
R .3r
8 . ()r
R .lr
1 .9r
7 .9
O .lr
5 .3r
III
IV
-0 .6r
1 .3r
0 .2r
ANNUAL
-------------------------------See footnotes
r=revised
following table 6 .
-3 .7r
-2 .2r
-2 .6r
-3 .lr
-3 .4
-2 .Rr
R .6r
6 .0r
-3 .3r
-2 .3r
4 .6r
3 .3r
July 31, 1984
Source : Bureau of Labor Statistics
-13Appendix Table 2 . nc business sector : Productivity, hourly compensation, unit labor cost, and prices, seasonally
ad$uated
Year and
quarter
Output per
hour
of all persons
Output
Real
CompeneacompensaUnit
Unit nonImplicit
Routs
tion per
Lion per
labor
labor payprice
of all
wents(3)
persons
hour(l)
hour(2)
cost
deflator(4)
---r--------------------- --- ----------------------------------- ------------Indexes 1977-100
19R1
1982
I
II
III
IV
.9r
99,7r
t00 .3r
99 .2r
109 .lr
10R .9r
109 .5r
107,4r
109 .3r
10e .3r
109 .lr
10R,3r
13R,9r
141 .5r
144 .7r
147 .3r
95 .7r
95 .5r
95 .lr
95 .2r
139 .lr
141 .9r
144 .3r
14R,Sr
131 .lr
132 .5r
13R .2r
13R .5r
136 .4r
138 .7r
142 .3r
145 .lr
ANNUAL
.8t
99
10R .7r
109 .0
143 .lr
95,3r
143 .5r
135 .0
140 .6r
I
II
III
IV
4Q .$r
99 .4r
)QA,3r
100 .5r
106 .4r
106 .Or
106 .or
105 .2r
106 .7r
106 .7r
105 .7r
104 :7r
151 .Or
153 .2r
156 .Or
157 .9r
96 .7r
96 .Rr
96 .9r
97 .7r
151 .4r
154 .2r
155 .6r
157 .1
136 .9r
137 .Sr
136 .Rr
136 .4r
146 .5r
14R .6r
149 .3r
150 .2r
100 .Or
ANNUAL
--------- --------------------1901
1982
_
.n
1091
1982
w
136 .9r
148 .6
106 .0
154 .Sr
07 .Or
154 .5r
105 .9r
---- ------------------ - --------------------------- ------------- ------------- ------------Percent change from previous quarter at annual rat e(5)
I
it
III
IV
$,0r
-0 .7r
2,4r
-4 .4
7 .6r
-0 .7r
2 .nr
-7 .2r
2 .4
O .Or
-0 .4r
-? .4r
to .Rr
7 .7r
9 .6
7 .lr
-0 .5r
-1 .Or
-1 .7r
n .3r
5 .5r
R .4r
7 .lr
12 .lr
28 .lr
4 .2r
1R .4r
O .Rr
12 .2r
7 .nr
10 .6r
R .3r
ANNU Al1
1 .5r
2 .lr
n, 61F
9 .6r
-0 .7r
R .Or
13 .Rr
9 .Rr
1
it
III,
IV
2 .Sr
-1 .6r
3 .6r
l,tr
-3 .Rr
-1,4r
-0,ir
-3 .Or
-6 .tr
0 .2r
-3 .6r
-4 .nr
10 .5r
5 .9
7 .5r
5,lr
6 .Sr
0 .4
n .3r
3 .5r
7 .9r
7 .6r
3 .7r
4 .nr
-4 .5r
1 .7r
-1 .Rr
-1 .tr
3 .Rr
5 .7r
2 .Or
2 .4r
7 .7r
1 .4
5 .7r
R .Or
1 .7r
-2 .Rr
------------- --•-- -----------r -------- ----------_--------------- ------------~}Percent change from corresponding quarter of previous year(6)
ANNUAL
0.2r
------ . . w_---w__w-T--war .
-2 .6r
--------
1
II
ICI
IV
1 .3r
9, .Or
2,0 ;
f .5r
0 .9
3 .7w
3 .Rr
O .3r
-0 .4
1 .6Y
1 .8r
X0 .2
t0 .Sr
9 .5r
9 .5r
R .Rr
-0 .6r
-0 .3r
-1 .2r
-0 .7r
Q .lr
7 .3r
7 .4r
R .2r
14 .3r
13 .lr
15 .Rr
t2 .3r '
10 .7r
9 .lr
10 .(Yr
9 .Sr
ANNUAL
1 .5r
2 .ir
0,6r
9 .6r
-0 .7r
R .Or
13 .8r
9 .Rr
I
YI
YIY
IV
ANNUAL
.4),1
-0 .3
q .Or.
1 .4r
A . 2r
"2 ..5
r2 .4
R .7r
1 .Or
8 .Rr
4 .4r
7 .4
-3 .2r
-2 .11*
-3 .lr
-3 .4r
7 .Rr
7 .2r
1 .9r
2 .Ar
7 .Rr
5 .Rr
-1 .Or
-1 .5r
4 .9r
3 .5r
-2 .6r
4Z .6r
-2 .3r
-. .Rr
See footnotes fgilowing table 6 .
r®revisee
R .3
R .Or
1 .4r
1 .7r
3 .Rr
9 .6r
7 .7r
July
1 .4
5 .lr
------------- -------------
31, 14Rb
Source :
7 .1
Bureau of Labor Statistics
-14Appendix Tahl .e 3 . Manufacturing sector' productivity, hourly compensatton, and unit labor cost .
seasonally adjusted
Real
Hours
rompensacnmoensaUnit
quarter
hour
(7)
of all
tton per
Lion per
labor
of al, persons
persons
hour(1)
hour(2)
cost
--------------------------------------------- ------------- ------------- ---------------- ----------Indexes 1.077=10n
Year and
Output per
Output
1n5 .nr
105 .Qr
104 .Or
106 .3r
107 .2r
1.07 .6r
103 .lr
1.01_ .6
1f)2 .1r
1n1 .6r
99 .lr
141
143
146
149
.Or
.7r
.5r
.8r
°7 .2r
.0r
97
°6 .2r
9A .Rr
134 .8
136 .Rr
13R .lr
ANNUAL
104 .9r
106 .lr
lnl .lr
145 .2r
96 .Rr
119 .4r
I
II
III
IV
105 .5r
106,3r
1OR .8r
ln7 .8
ln0 .6r
1nn .or
Q5 .4r
Q4 .1_r
9l .7r
%0 .6r
154
157
15Q
161
9R4Rr
QQ .4r
9Q . 2r
9Q .6r
146 .2r
1 .4R .or
146 .9r
149 .3r
1981
1
II
III
IV
1982
104 .6r
QQ .7r
°6 .7r
.3r
.1
.Rr
.nr
144-Or
o9 . .ir
ANNUAL
107 .
°2 .7r
15R .Or
QQ .?r
147 .6r
---- ------------------------------------ ------------------ ------------- ---------------- ----------Percent change from previous quarter at annual . ra te(5)
I
(I
III
IV
4 .2r
1 .5r
1 .4r
-' .9r
6 .nr
3 .5r
1 .7r
-15 .7r
ANNUAL
3 .lr
2 .5r
I
II
III
5 .°r
2 .Qr
9 .6r
1981
1982
-n .6
9 .4r
-0 .9r
6 .1
-9 .4r
-2 .5r
-1 .2r
-14 .4r
-5 .2r
-9 .9r
12 .4r
6 .6r
R .4r
2 .4r
-0 .5r
6 .2r
5 .Or
-2 .8r
-R .1r
R .Rr
' .5r
A .6r
0 .Ir
R . .9r
-4 .3r
-1,1 .6r
ANNUAL
2 .tr
-6 .4r
-R .6r
R . ()r
l .2r
-1
-n
-3
2
.0r
. 9r
.1 .r
.4r
.7r
.lr
.4r
.5r
R
7
R
9
IV
.nr
.7r
.nr
.4r
1
6
4
17
1 .Rr
? .Or
-l .6r
-9 .5r
.6r
1
6 .7r
-------------- -------------------- -------------------------------- ----- ---------------- ----------Percent change From corresponding quarter of previou s year(6)
1opi
I
II
III
IV
?. .1r
4 .5r
S .Sr
) .4r
-1 .5r
5 .5r
7 .9r
-1 .5r
ANNUAL
l .lr
2 .5r
I
II
III
IV
() .Qr
-5 .3r
-ti .7r
-7 . .4r
-h .lr
1982
1 .2r
2 .7r
3 .7r
-l .Ar
11 .3r
° .6r
A .4r
R .3r
-0 .2r
-' .2r
-l .7r
-n .6
9 .4r
-0 .9r
-6 .lr
-7 .4r
-9 .Rr
-9 .6r
9
Q
Q
7
l .Or
7. .Ir
-2 .nr
.4r
.4r
.tr
.5r
l .6r
2 .4r
3 .lr
2 .°r
5 . ()r
') .Rr
7 .Rr
6 .1.
R .4r
R .1r
6 .2r
1 .7
R .Rr
^ .5r
$; .6r
-6 .4r
-R .3r
ANNUAL
2 .lr
-------------- --------- -------------------- ----------- ------- ------ ------------- ---------------See
footnotes following table 6 .
r=re vised
July 1l, 1QR4
Bureau of Labor Statistics
Source :
-15-
Appendix Table 4 . Durable manufacturing sector : Productivity, hourly compensation, and unit labor cost,
seasonally adiusted(ll)
Year and
Output per
Output
Hours
^ompensa-
Real
compensa-
Unit
labor
Lion per
cost
persons
hour(l)
hour(2)
of all. persons
--- -- ---------- ----- - --- - --------- --------- ------------- ------------------ ------------- ------------quarter
hour
(7)
of all
tton per
Indexes 1Q77 =1nn
1.05 .lr
lnR .3r
ANNUAL
ir)4 .lr
1D6 .6r
1
IT
10-1 . 6r
QQ .lr
IVV
1n6 .6r
1982
III
102 .Qr
1n4 .7r
ln7 .6r
103 .lr
146 .3r
Qh .1.r
130 .2r
1x11 .4
145 .lr
Q5 .7r
139 .4r
151 .7r
QR .5r
149 .4r
lnn .lr
III
IV
1l5 .7r
ln3 .Or
l.nF .Rr.
1n4 .lr
97 .2r
102 .0
1D3 .7r
1113 .9r
II
141. .nr
1DR .2r
I
1981
OR .3
07 .4r
93 .?r
05 . ()r
Q3 .9r
9n .5r
R7 .4r
141 .6r
149 .7r
15h .R
154 .7r
160 .7r
06 .Qr
96 .7r
.1
Q()
QQ .2r
QQ .4r
117 .6r
145 .5r
14() .7r
14R .4r
15n .7r
o9 .nr
14Q .3r
157 .6r
1n5 .6r
Q7 .t.r
()I .()r
ANNTJAL
----- ---------- ------------------- ---------------------- ------ -- - -------- -------------- -----------Percent change from previous quarter at annual rate(5)
l .4r
7 .3r
-3 .7r
1 .3r
-1R .3r
-1l .nr
9 .5r
2 .5r
19 .9r
3 .7r
2 .9r
-fl .7r
9 .5r
-n .Rr
5 .6r
2 .Rr
4 .6r
-13 .5r
-3 .9r
-15 .Rr
-R .?r
1 .i .4r
R .3r
7 .4r
^ .7r
R .4r
3 .5r
IV
-3 .6r
-1f, .3r
-11 .2r
7 .Sr
ANNUAL
1. .4r
-R .9r
5 .0r
7 .4r
IV
-R .2r
ANNUAL
I
II
1981
I
II
III
1QR2
III
1 .7r
3 .lr
11 .'ir
5 .3r
n . 5r
-3 .7r
1 .5r
-2 .5r
-11 .5r
-1.n 2r
7 .6r
7 .Rr
-1 .Or
-3 .3r
5 .7r
4 .5r
7 .4r
0 .2r
-1 .Sr
R .6r
2 .Rr
7 .lr
n .9r
6 .1r
---- ----------- ------------------- ------------------- -------------------- -------------- -----------Percent change from corresponding quarter of previous year(6)
n .4r
R . Or
n .nr
.r
-2 .7
-1 .4r
4 .5r
4 .6r
l .Rr
7 .5r
.-Mr
9 .5r
-n .Rr
5 .F,r
-6 .Rr
9 .lr
1 .3r
9 .4r
I
II
III
IV
2 .Rr
5 .Or
6 .5r
n .5r
-2 .nr
6 .Fir
4 .6r
-1 .9r
-4 .7r
1 .5r
2 .4r
1 .1. .6r
9 .Rr
R .4r
ANNUAL
3 .7r
2 .4r
-n .3r
-7 .Or
1981
1902 -
I
II
III
IV
ANNUAL
n .4r
2 .4r
'i .6r
-° .lr
-In .lr
-9 .Sr
-9 .'r
-12 .?r
-1P .7r
a .2r
Q .1.r
7 .3r
2 .3r
1 .2r
? .7r
st .Rr
Fi .6r
3 .6
7 .lr
') .'ir
R .Fr
-ln .?r
1 . .4r
-R .Qr
--------------------- --------- ------------ ------------------ -------------
See Footnotes following table F .
revised
July
r=
-2 .3r
il,
LQR4
Source : Bureau of Labor Statistics
Appendix Table S . Nondurahlo mane actnrtn= sector : oroductivtty hourly comonnsat/on,
seasonally adjusted(17)
and unit
labor cast,
Real
nutnut oar
output
Hours
Cnm e . nmaenaapair
hour
(7)
of all
tfon set
tion per
lahnr
of all
n
persons
hour(t)
hour(?)
cost
____ ____________ __________________ __________ ____________________________ _____
__________ __________
indexes 1977-inn
Year and
quarter
1001
I
'05 .Rr
II
Ill
IV
ln5,4r
99 .7r
14n,Ar
9R,9r
13l,nr
lnfi .tr
In7,lr
1n5 .Rr
I05,1r
116 .6r
In',
99,6r
sN .lr
57 .7r
ANNUAL
106 .2r
inS,3r
99,1r
144,9r
96 .6r
136 .5
I
11
L0A .5r
100 .5r
ln2 .6r
. Sr
l°7
04 .5r
04 .4r
1.54,9r
1SA,nr
93 .4r
93,nr
160 .5r
162 .7r
99,2r
99,9r
99,7r
1On ,7
142,Rr
149,6r
99 .91
159 .nr
99,-r
1-R2
III
IV
110,4r
590 .6,
ANNUAL
IA3,tr
lni .or
10- .21
192 .9r
141,?r
146 . r
149,7r
1
----- ----------- ------------------ --------------------- ---
9fi .7r
c6,lr
gi .7r
135 .0
116,5r
141,5r
145,4r
14A,5r
----145
.6r
Percen t change from orcvlous q----------------------------uarter at annual rate(s)
5501
I
II
III
IV
1,hr
I .lr
4 .nr
-4 .91
i,9r
n .Ae
7,71
-t1 7r
? .3r
-n,3r
-n,9r
-7,11
ANNUAL
? .3r
l .9r
I
II
ln .Sr
n .91
-3,Or
-n,4r
-12 .2r
-n,7
IV
-2 .91
-4 .5r
-1 A
1902
III
7 .ir
-n,4
_ .5r
-4 3r
5 .Ar
7,Sr
R,7r
9,Ar
-1 .9r
-1,2r
-7 .Sr
' .Ar
7,71
i .3r
4,Sr
15 .5r
9,3r
-t .()r
6,-r
14 .Rr
A,1r
10 .6r
l .9r
A,nr
2,7r
6,4r
-n, Ar
5,71
-n,
7r
. .or
4,11
----- ----------ANNUAL
-----------------2 .9r
-2 .61
=5 .7r
S .7r
-------------------------------------------------3 .4r
6 .7r
---------Percent chanee
1981
lie
9 .71
I
II
IIi
P/
from corresponding, quart er of orevtous
-1,71
ll .nr
-o .2r
9,Rr
5 .41
-1 .or
1,4
-7_ .4r
A,7r
R,Rr
-? .4r
-n,7r
4,11
A,4r
4 .Or
4 .nr
0 .4r
ANNUAL
2 .31
1,91
I
II
III
? .5r
2,3r
3,ir
-? .7r
-3,nr
-3 .3r
ANNUAL
3 .9r
1902
IV
See footnotes
r revised
'1 .61
vear(6)
-0 .7r
n,?r
9,?r
-0 .4
-1 .4
-0,61
5,2r
9 .3r
-l .or
6,91
-5,1r
-5,'
-i .7r
ln .2r
10,41
9,Rr
2 .31
3 .11
1,Ar
4 .tr
7,4r
7,91
A,5r
9 .0
-5,3r
9 .71
7,41
6 .7r
-4,Ar
R .7
following table 6 .
July
11, 1994
Source : Bureau of Labor Statistics
Appendix Table A, Nnnfinancial corporations : Productivity, hourly compensation, unit labor cost, omit nraftts,
and prices, seasonally adjusted
Year Output Amnloyee Inarly Real unit unit Total Unit Implicit
and per all- Output bours cnmpenaa- hourly labor - unit pro- nrtce
quarter employee ties compen- cost labor coat fit . deflator
hour
(1)
satlon('1
nst(A)
(91 -----------------(ln1
(4)
--------------------------------------Indexes 1977 .lnn
1907
I
1n1,2r ltn,7r 1n9,3r 139,0,
. o5 .Rr 137 .3,. 144 .41 139,11 101 :111 111 .91
, 111,21 lno,5r 141,A, 15,61 119,5,
. 141
.6r 141,91 lnnnr 197,1,.
II In,
Ill 102 .1r
5
112 ?r 1n o .6 144,Ar o5,lr 141.,51 153 .51 144,61 lne .7r 140,4,.
IV lnl .3r 1n9 .9r 1nA .5r 147 .11 S9 .lr 145 .2r 15A.Sr 145 .7r Inn,2r 141 .1r
ANNUAL 1n1 .6r ltt .nr 1n9 .2r 143 .1.1
1982
I ln2 .2r
II 102 .1r
III 101,1
IV 103 .2r
100,71
/nO .nr
In7,9r
106 .4
106.,41
105 .01
104 .Sr
l03 .lr
°5 .3r 14n .9r 151 .21 1.49 .6r 1n2 .ir 135 .91
151 .11
t,t,5r
156,21
157 .7r
96 .7r
97 .nr
97,nr
97 .5,.
147 .9,.
15n .3r
151 .41
152 .9
161 .fir 151,Sr
164 .3r iS4 .Or
164,41 154 .7r
16A .Ar 157 .nr
R9,4r 144,9,
R6 .Ar 14F,7r
RR .fir 146 .9r
75 .Rr 147 .7r
. in5 .nr 15A .6r 97,nr 150 .6 164 .Rr 154 .ar A4,Fr 146 .71
ANNUAL 10? .fir 107 .7,
------------------------------------------------------------ -----------------------------------------------Percenu change from previous quarter at annual rate(s)
1991
I
I .9r 7,31 3,31 ln .Ir -n,9r 6 .?r
II l,nr 1 .71 n,7r 7 ,AC -l .nr 1 .61
III v,3r 3 .71 n,4r 9,3r - .Or S .Rr
IV -4 .nr -7,91 -4 .ir 6 .61 -n,2r ll. .nr
AN41153 .
1982
1,9r
9 .9r
2 .Ar
9,41
-n .9r
?n .lr 9,7r 5R,7r 11,?r
1? .2r ',it -1,1r
1,1,
14 .ar R .nr 17 .tr in .2r
13 .71 1I .Rr -?6 .Sr 7,91
7 .4r 13 .Rr
q,nr
19,11
0 .Rr
I
3 .5r -4 .1r -7,51 11 .3r 7,3r ' .5r Our 7,71 -l6 .Sr 3 .Ir
II _n .6, 'r -7 .Sr -2 .ar A .(ir 1,nr 6 .Rr 4 .lr I .er -11 .71 5 .4
III 4
r -n,ir -4 .or 7 .1r n,ir 2 .6r Mr 1,91 -1 .11 1,71
Iu -0 .41 -5 .4r -S,ir 1 .Rr ? .fir 4 .ir 11 .11 A,lr -41 9r 2,?r
ANNnAL I .or -2 .91 -1 .91 R,nr t,Rr 6 .91 9 .91 7,Sr -17 .Sr 5 .3r
------------------------------------------------------------------------------------------------------ -------Percent change from corresponding, quarter of previous year(6)
1901
I
l .Rr
l .Ir
Ii
2 .60
4 .41
1 .71
2 .nr
4 .61
2 .5
1 .91
2 .Rr
117
IV
ANNUAL
1902
L .Or
-n,6r
R .Se
15,fir
ln,lr
9 .br
-n .4r
A .fir
11 .71
7 .91
9 .71
-1 .Sr
7 .nr
ln,5r
t,nr .-r
9
0,91
R,4r
9 .41
:n-7r
-l .nr
-n .or
to
se
7 .4r lS .nr
7,41
13 .Ar
5 .6e
9,41
9 .nr
.nr R,9r
I
n .9r -l,Ar -?. .7r A .7r 1 .9 1,1r l7
II Sir -1 .01 -3 .41 5 .41 I .Sr 7 .Ar 1n,Ar A .5
.91
7,11
],Or
III n .9r -3 .Ar -4 .71 7 .or 2 .nr 6
117 l .Rt -9 .21 -5,nr 7,7c ? .6r 5 .Ir 4 .Sr She
ANNUAL
1 .nr
-7 .9r -3 .91
See footnotes following table 6 .
-revised
A,nr
laly
1 .Rr
6 .91
11,
lS .9r
1A,Rr
24,nr
27 .?r
In
,2r
i9,3r
-1? .3r
-13 .11
-7n,nr
-24 .51
9 .11
to
Se
9 .41
9 .9r
7,nr
fi .7r
4,61
7,71
A .9r 7,Sr -17 .Sr S,ir
1904
Source: Bureau of Labor Statistics
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