Internet address: http://www.bls.gov/lpc/ USDL 04-1518 

Historical, technical TRANSMISSION OF THIS 

 information: (202) 691-5606 MATERIAL IS EMBARGOED 

Current data: (202) 691-5200 UNTIL 8:30 A.M. EDT, 

Media contact: (202) 691-5902 TUESDAY, AUG. 10, 2004. 

PRODUCTIVITY AND COSTS 

Second Quarter 2004 

 The Bureau of Labor Statistics of the U.S. Department of Labor reported preliminary 

productivity data—as measured by output per hour of all persons—for the second quarter of 

2004. The preliminary seasonally adjusted annual rates of productivity change in the second 

quarter were: 

 1.9 percent in the business sector and 

 2.9 percent in the nonfarm business sector. 

Productivity growth in the business sector reflected increases of 3.5 percent in output and 1.5 

percent in hours. Output per hour increased more in the nonfarm business sector because output 

grew more, 3.8 percent, and hours rose less, 0.8 percent, than in the business sector. 

 In manufacturing, the preliminary productivity changes in the second quarter were: 

7.5 percent in manufacturing, 

5.7 percent in durable goods manufacturing, and 

10.7 percent in nondurable goods manufacturing. 

Manufacturing productivity grew 7.5 percent in the second quarter as output increased 6.6 

percent and hours declined 0.9 percent (seasonally adjusted annual rates). Output and hours in 

manufacturing, which includes about 13 percent of U.S. business-sector employment, tend to 

vary more from quarter to quarter than data for the aggregate business and nonfarm business 

sectors. Second-quarter measures are summarized in table A and appear in detail in tables 1 

through 5. 

Data in this release reflect the regular multi-year GDP revisions released by the Bureau of 

Economic Analysis of the U.S. Department of Commerce on July 30. They also incorporate new 

estimates of average weekly hours at work for nonproduction and supervisory workers, along 

with new information on seasonal patterns for farm workers, nonfarm proprietors and unpaid 

family workers, and employees of government enterprises. See Revised Measures, page 4. 
2 

Table A. Productivity and costs: Preliminary second-quarter 2004 measures 

(Seasonally adjusted annual rates) 

Sector 

Productivity Output Hours 

Hourly 

compensation 

Real 

hourly 

compensation 

Unit 

labor 

costs 

 Percent change from preceding quarter 

Business 1.9 3.5 1.5 4.2 -0.5 2.2 

Nonfarm business 2.9 3.8 0.8 4.9 0.1 1.9 

Manufacturing 7.5 6.6 -0.9 5.2 0.5 -2.2 

 Durable 5.7 6.4 0.7 4.7 -0.1 -1.0 

 Nondurable 10.7 6.9 -3.5 5.9 1.1 -4.4 

 Percent change from same quarter a year ago 

Business 4.1 5.5 1.3 4.6 1.7 0.5 

Nonfarm business 4.7 5.9 1.1 4.8 1.9 0.2 

Manufacturing 6.0 5.8 -0.2 5.9 3.0 0.0 

 Durable 7.4 8.5 1.1 5.4 2.5 -1.9 

 Nondurable 4.9 2.7 -2.1 6.7 3.7 1.7 

The data sources and methods used in the preparation of the manufacturing series differ 

from those used in preparing the business and nonfarm business series, and these measures are 

not directly comparable. Output measures for business and nonfarm business are based on 

measures of gross domestic product prepared by the Bureau of Economic Analysis of the U.S. 

Department of Commerce. Quarterly output measures for manufacturing reflect indexes of 

industrial production independently prepared by the Board of Governors of the Federal Reserve 

System. See Technical Notes for further information on data sources (page 8). 

Business 

 From the first quarter to the second quarter of 2004, business sector output per hour 

increased at a 1.9-percent annual rate. Output increased 3.5 percent and hours of all persons 

engaged in the sector increased 1.5 percent (seasonally adjusted annual rates). As revised, labor 

productivity grew 3.9 percent in the first quarter of 2004, as output and hours increased 5.3 

percent and 1.3 percent, respectively (table 1). 

 Hourly compensation increased 4.2 percent in the second quarter, less than the 4.8 

percent gain in the first quarter of 2004 (seasonally adjusted annual rates). This measure of 

compensation includes wages and salaries, supplements, employer contributions to employee 

benefit plans, and taxes. Real hourly compensation, which takes into account changes in 

consumer prices, declined 0.5 percent during the second quarter of 2004, after rising 1.1 percent 

during the first quarter. 
3 

Unit labor costs, which reflect changes in both hourly compensation and productivity, 

increased 2.2 percent during the second quarter of 2004 after rising 0.8 percent in the previous 

quarter. The implicit price deflator for the business sector, which reflects changes in both unit 

labor costs and unit nonlabor payments, increased 3.2 percent in the second quarter and 2.1 

percent in the first quarter of 2004. 

Nonfarm Business 

 Productivity increased 2.9 percent in the nonfarm business sector during the second 

quarter of 2004, as output increased 3.8 percent and hours of all persons rose 0.8 percent 

(seasonally adjusted annual rates). Output per hour grew at a 3.7 percent annual rate in the first 

quarter of 2004, as output increased 5.7 percent and hours increased 2.0 percent (table 2). 

 Hourly compensation in the nonfarm business sector increased 4.9 percent in the second 

quarter of 2004, up from the 4.0-percent rise one quarter earlier. When the rise in consumer 

prices is taken into account, real hourly compensation rose 0.1 percent in the second quarter of 

2004 and 0.3 percent in the first quarter. 

Unit labor costs increased 1.9 percent in the second quarter of 2004, after rising 0.3 

percent during the first quarter. The implicit price deflator for nonfarm business output grew 2.8 

percent in the second quarter, following a 2.0-percent increase in the previous quarter. 

Manufacturing

 Productivity increased 7.5 percent in manufacturing, as output grew 6.6 percent and 

hours of all persons declined 0.9 percent (seasonally adjusted annual rates). In the previous 

quarter, productivity rose 2.8 percent, reflecting increases in output and hours of 6.2 and 3.3 

percent, respectively. In durable goods, productivity rose 5.7 percent in the second quarter as 

output grew 6.4 percent and hours of all persons rose 0.7 percent. In nondurable goods, secondquarter productivity increased by 10.7 percent, output increased 6.9 percent, and hours fell 3.5 

percent (tables 3, 4, and 5). The productivity gain in nondurable goods industries was the largest 

since the fourth quarter of 1999, when output per hour increased 12.6 percent. 

 Hourly compensation of all manufacturing workers rose 5.2 percent during the second 

quarter, reflecting growth of 4.7 percent in durable goods industries and 5.9 percent in the 

nondurable manufacturing sector. When the increase in consumer prices is taken into account, 

the real hourly compensation of all manufacturing workers increased by 0.5 percent in the 

second quarter, after rising 1.2 percent one quarter earlier. 

 Unit labor costs in manufacturing fell 2.2 percent in the second quarter of 2004, 

reflecting declines of 1.0 percent in durable goods industries and 4.4 percent in nondurable 

goods industries. 
4 

Revised Measures 

 Current and previous measures for the first quarter of 2004 for the business, nonfarm 

business, and manufacturing sectors are compared in table B. In each of these sectors, 

productivity was revised downward from the preliminary numbers reported on June 3, as both 

output and hours were revised up—hours more than output. Hourly compensation and unit labor 

costs grew less in all three sectors than reported on June 3, based on information then available. 

 Table B also shows comparisons of current and previous measures for the fourth quarter 

of 2003. In that quarter, productivity in the business and nonfarm business sectors was revised 

up, reflecting upward revisions to output and downward revisions to hours worked. Hourly 

compensation for the fourth quarter of 2003 was revised up in both sectors. Because the upward 

revisions to productivity were larger than those to hourly compensation, unit labor costs in both 

sectors were revised down. In the manufacturing sector, productivity in the fourth quarter was 

revised down, reflecting an upward revision in hours. Hourly compensation was also revised 

down, but unit labor costs show a larger increase than reported earlier as the downward revision 

to hourly compensation was less than that to productivity. 

Table B. Previous and revised productivity and related measures 

Quarterly percent changes at seasonally adjusted annual rates 

Sector 

Productivity Output Hours 

Hourly 

compensation 

Real 

hourly 

compensation 

Unit 

labor 

costs 

First quarter 2004 

Business: 

 Previous ....................... 4.6 5.2 0.5 5.9 2.2 1.2 

 Current ......................... 3.9 5.3 1.3 4.8 1.1 0.8 

Nonfarm business: 

 Previous ....................... 3.8 5.4 1.5 4.6 0.9 0.8 

 Current ......................... 3.7 5.7 2.0 4.0 0.3 0.3 

Manufacturing: 

 Previous ....................... 2.9 5.8 2.8 6.2 2.5 3.1 

 Current ......................... 2.8 6.2 3.3 4.8 1.2 2.0 

Fourth quarter 2003 

Business: 

 Previous ....................... 1.8 3.9 2.0 3.8 3.0 1.9 

 Current ......................... 2.4 4.2 1.7 4.0 3.3 1.6 

Nonfarm business: 

 Previous ....................... 2.5 4.2 1.6 4.2 3.4 1.7 

 Current ......................... 3.1 4.6 1.4 4.4 3.6 1.2 

Manufacturing: 

 Previous ....................... 4.8 6.2 1.4 6.8 6.0 2.0 

 Current ......................... 3.3 6.2 2.9 5.7 4.9 2.3 
5 

Output data for the business and nonfarm business sectors and the compensation series 

for all sectors incorporate the revisions of the national income and product accounts produced by 

the Bureau of Economic Analysis, U.S. Department of Commerce. These revisions affected data 

beginning with the first quarter of 2001. Table C presents previous and revised measures for 

major sectors for the years 2001 to 2003. The largest revisions were to hourly compensation 

and, therefore, to real hourly compensation and unit labor costs for the years 2002 and 2003. 

Table C. Previous and revised productivity and related measures 

Annual percent changes 

Sector 

Productivity Output Hours 

Hourly 

compensation 

Real 

hourly 

compensation 

Unit 

labor 

costs 

Annual average 2003 

Business: 

 Previous ....................... 4.5 3.7 -0.8 3.6 1.3 -0.8 

 Current ......................... 4.5 3.8 -0.7 4.1 1.8 -0.4 

Nonfarm business: 

 Previous ....................... 4.4 3.7 -0.7 3.5 1.2 -0.9 

 Current ......................... 4.4 3.8 -0.6 4.1 1.7 -0.4 

Manufacturing: 

 Previous ....................... 5.1 0.1 -4.8 5.9 3.5 0.7 

 Current ......................... 5.1 0.1 -4.8 8.5 6.1 3.2 

Annual average 2002 

Business: 

 Previous ....................... 4.9 2.3 -2.5 2.2 0.6 -2.5 

 Current ......................... 4.3 1.8 -2.4 3.2 1.5 -1.1 

Nonfarm business: 

 Previous ....................... 5.0 2.3 -2.6 2.3 0.7 -2.5 

 Current ......................... 4.4 1.8 -2.5 3.3 1.6 -1.1 

Manufacturing: 

 Previous ....................... 7.2 -0.6 -7.3 4.0 2.4 -3.0 

 Current ......................... 7.0 -0.6 -7.1 6.7 5.0 -0.3 

Annual average 2001 

Business: 

 Previous ....................... 2.2 0.1 -2.1 4.1 1.3 1.8 

 Current ......................... 2.5 0.3 -2.1 4.2 1.3 1.6 

Nonfarm business: 

 Previous ....................... 2.1 0.1 -2.0 3.9 1.1 1.7 

 Current ......................... 2.5 0.4 -2.0 4.0 1.1 1.5 

Manufacturing: 

 Previous ....................... 2.2 -4.6 -6.6 2.4 -0.4 0.2 

 Current ......................... 2.1 -4.6 -6.5 2.3 -0.4 0.2 
6 

Measures of hours for all of the major sectors have been revised to incorporate new 

estimates of average weekly hours at work for supervisory and nonproduction workers. Ratios 

of the average weekly hours at work for these employees relative to those of nonsupervisory and 

production workers were developed from data in the Current Population Survey. These ratios 

were applied to average weekly hours at work for nonsupervisory and production workers 

developed from data in the Current Employment Statistics and Employment Cost Index 

programs. 

An article discussing these new measures and the effects of this change was published in 

the April 2004 issue of the Monthly Labor Review. A link to a technical note describing the 

methodology will be posted later this summer on the BLS labor productivity home page 

(www.bls.gov/lpc/). Copies of the technical note also will be available by calling 202-691-5604, 

sending an email to dprweb@bls.gov, or writing to the Bureau of Labor Statistics, Division of 

Major Sector Productivity, Room 2150, Washington DC 20212. 

New information on seasonal patterns is reflected in measures of employment and hours 

of farm workers, the nonfarm self-employed, and nonfarm unpaid family workers and in hours of 

employees in government enterprises, beginning in 1999. Concurrent seasonal adjustment will 

now be used when measuring employment and hours of these workers. Late in 2004 or early in 

2005, BLS also intends to improve the way it uses these series in the productivity program, 

adjusting them to account for the effects of multiple jobholding. Further information on this 

change will be announced later this year. 

Appendix tables 1-6 present quarterly and annual data for all sectors for 1999-2001. 
7 

Revised Measures: Nonfinancial Corporations 

 Productivity and cost measures for the first quarter of 2004 for nonfinancial corporations 

also were revised to incorporate more recent information than was available in the June 3 release 

(table D). Productivity growth was revised down, reflecting both a downward revision to output 

and a larger increase in employee hours. The 2.7 increase in hours was the largest since the third 

quarter of 1999, when hours increased 3.1 percent. Hourly compensation growth was revised 

down one percentage point, like productivity, so the increase in unit labor costs was unchanged. 

Unit profits were revised up significantly. 

 Productivity and cost measures for the fourth quarter of 2003 also were revised to 

incorporate more recent information on output, hours, and employee compensation. Fourth 

quarter 2003 productivity was revised up, reflecting an upward revision to output. The revision 

to productivity was larger than the upward revision in hourly compensation, resulting in a larger 

decline in unit labor costs than originally reported. 

Table D. Nonfinancial corporations: Previous and revised productivity and cost measures 

Quarterly percent c anges at easonally adjusted annual rate h s s

Productivity Output Hours 

Hourly 

compensation 

Real 

hourly 

compensation 

Unit 

labor 

costs 

Unit 

profits 

Implicit 

price 

deflator

First quarter 2004 

Previous 2.3 4.5 2.1 5.1 1.4 2.7 -0.9 1.9 

Current 1.3 4.1 2.7 4.1 0.5 2.7 15.5 2.1 

Fourth quarter 2003 

Previous 4.3 6.0 1.6 3.9 3.1 -0.4 11.6 1.1 

Current 5.0 6.7 1.6 4.2 3.4 -0.8 16.1 0.4 

Next release date

 The next release of Productivity and Costs is scheduled for 8:30 a.m. EDT, Thursday, 

Sept. 2, 2004. Revised second-quarter measures for business, nonfarm business, and 

manufacturing will be released at that time, along with preliminary measures for nonfinancial 

corporations. 
8 

TECHNICAL NOTES 

Labor Hours: Hours data for the labor productivity and cost measures include hours for all 

persons working in the sector—wage and salary 

workers, the self-employed, and unpaid family 

workers. The primary source of hours and em- ployment data is the BLS Current Employment 

Statistics (CES) program, which provides monthly 

survey data on the number of jobs held by wage 

and salary workers in nonfarm establishments. 

The CES also provides average weekly paid hours 

of production and nonsupervisory workers in these 

establishments. Weekly paid hours are adjusted to 

hours at work using data from the National 

Compensation Survey (NCS). The BLS Hours at 

Work survey, conducted for this purpose, was used 

for years prior to 2004. The Office of Productivity 

and Technology estimates average weekly hours at 

work for nonproduction and supervisory workers 

using information from the Current Population 

Survey (CPS), the CES, and the NCS. 

Data from the CPS are used for farm labor, 

nonfarm proprietors, and nonfarm unpaid family 

workers. Estimates of labor input for government 

enterprises are derived from the CPS, the CES, 

and the National Income and Product Accounts 

(NIPA) prepared by the Bureau of Economic 

Analysis (BEA) of the Department of Commerce. 

Output: Business sector output is an annualweighted index constructed after excluding from

gross domestic product (GDP) the following 

outputs: general government, nonprofit institutions, and private households (including owneroccupied housing). Corresponding exclusions also 

are made in labor inputs. Business output 

accounted for about 78 percent of the value of 

GDP in 2000. Nonfarm business, which also 

excludes farming, accounted for about 77 percent 

of GDP in 2000. 

Annual indexes for manufacturing and its 

durable and nondurable goods components are 

constructed by deflating current-dollar industry 

value of production data from the U.S. Bureau of 

the Census with deflators from the BEA. These 

deflators are based on data from the BLS producer 

price program and other sources. The industry 

shipments are aggregated using annual weights, 

and intrasector transactions are removed. 

Quarterly manufacturing output measures are 

based on the index of industrial production prepared monthly by the Board of Governors of the 

Federal Reserve System, adjusted to be consistent 

with annual indexes of manufacturing sector 

output prepared by BLS. Durables include the 

following 3-digit NAICS industries: wood product 

manufacturing; nonmetallic mineral product 

manufacturing; primary metal manufacturing; 

fabricated metal product manufacturing; 

machinery manufacturing; computer and electronic product manufacturing; electrical equipment 

and appliance manufacturing; transportation 

equipment manufacturing; furniture and related 

product manufacturing; and miscellaneous manufacturing. Nondurables include: food manufacturing; beverage and tobacco product manufacturing; textile mills; textile product mills; apparel 

manufacturing; leather and allied product manufacturing; paper manufacturing; printing and related support activities; petroleum and coal products manufacturing; chemical manufacturing; and 

plastics and rubber products manufacturing. 

Nonfinancial corporate output is an annualweighted index calculated on the basis of the costs 

incurred and the incomes earned from production. 

The output measure excludes the following 

outputs from GDP: general government; nonprofit 

institutions; private households; unincorporated 

business; and those corporations classified as 

offices of bank holding companies, offices of other 

holding companies, or offices in the finance and 

insurance sector. Nonfinancial corporations 

accounted for about 54 percent of the value of 

GDP in 2000. 

Productivity: These productivity measures 

describe the relationship between real output 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 at 

work of all persons engaged in a sector, they do 

not measure the specific contribution of labor, 

capital, or any other factor of production. Rather, 

they reflect the joint effects of many influences, 

including 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. 

Information in this release will be made 

available to sensory-impaired individuals upon 

request. Voice phone: 202-691-5606; Federal 

Relay Service number: 1-800-877-8339.
9 

 Table 1. Business sector: Productivity, hourly compensation, unit labor costs, 

 and prices, seasonally adjusted 

 Real 

 Year Output per Hours Compensa- compensa- Unit Unit non- Implicit 

 and hour of of all tion per tion per labor labor pay- price 

 quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4) 

 --------------------------------------------------------------------------------------------------------- 

 Indexes 1992=100 

 2002 I r122.7 r142.2 r115.9 r143.2 r115.2 r116.7 r113.4 r115.5 

 II r123.2 r142.9 r116.0 r144.4 r115.2 r117.2 r113.6 r115.9 

 III 124.7 r144.3 r115.7 r145.0 r115.0 r116.3 r115.7 r116.1 

 IV r125.0 r144.7 r115.7 r145.5 r114.8 r116.3 r116.8 116.5 

 ANNUAL r123.9 r143.5 r115.8 r144.5 r115.0 r116.6 r114.9 r116.0 

 2003 I r126.2 r145.5 r115.3 r147.4 r115.3 r116.8 r117.7 r117.1 

 II 128.6 r147.5 r114.7 r149.6 r116.8 r116.4 r119.0 r117.3 

 III r131.2 r150.8 r114.9 r151.7 r117.7 r115.6 r120.8 r117.5 

 IV r132.0 r152.3 r115.4 r153.2 r118.7 r116.0 r120.7 r117.8 

 ANNUAL r129.5 r149.0 115.1 r150.5 r117.1 r116.2 r119.6 117.4 

 2004 I r133.3 r154.3 r115.8 r155.0 r119.0 r116.3 r121.9 r118.4 

 II 133.9 155.6 116.2 156.6 118.8 116.9 123.4 119.3 

 --------------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 2002 I r5.9 r3.5 r-2.3 r4.9 r3.5 r-1.0 r1.0 r-0.3 

 II r1.7 r2.1 r0.4 r3.4 r-0.1 r1.7 r1.0 r1.4 

 III r4.8 r3.8 r-1.0 r1.6 r-0.7 r-3.1 r7.3 r0.7 

 IV r1.2 r1.2 r0.0 r1.3 r-0.6 r0.0 r3.8 r1.4 

 ANNUAL r4.3 r1.8 r-2.4 r3.2 r1.5 r-1.1 r4.5 r0.9 

 2003 I r3.9 r2.2 r-1.6 r5.5 r1.7 r1.6 r3.1 r2.1 

 II r7.6 r5.6 r-1.9 r6.1 r5.4 r-1.4 r4.5 r0.8 

 III r8.5 r9.3 r0.7 r5.6 r3.1 r-2.6 r6.3 r0.7 

 IV r2.4 r4.2 r1.7 r4.0 r3.3 r1.6 r-0.4 r0.8 

 ANNUAL 4.5 r3.8 r-0.7 r4.1 r1.8 r-0.4 r4.1 r1.3 

 2004 I r3.9 r5.3 r1.3 r4.8 r1.1 r0.8 r4.2 r2.1 

 II 1.9 3.5 1.5 4.2 -0.5 2.2 4.8 3.2 

 --------------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 2002 I r4.9 r0.8 -3.9 r3.2 r1.9 r-1.6 r6.6 r1.2 

 II r4.0 r1.1 r-2.8 r3.4 r2.1 r-0.6 r3.5 r0.9 

 III r4.9 r2.8 r-2.0 r3.3 r1.6 r-1.6 r4.9 r0.8 

 IV r3.4 r2.7 r-0.7 r2.8 r0.5 r-0.6 r3.2 0.8 

 ANNUAL r4.3 r1.8 r-2.4 r3.2 r1.5 r-1.1 r4.5 r0.9 

 2003 I r2.9 2.3 -0.6 r2.9 r0.1 r0.0 r3.8 1.4 

 II 4.4 r3.2 r-1.1 r3.6 r1.4 r-0.7 r4.7 r1.3 

 III 5.3 r4.5 r-0.7 r4.6 r2.4 r-0.6 r4.4 r1.3 

 IV r5.6 r5.3 r-0.3 r5.3 r3.3 r-0.3 r3.4 r1.1 

 ANNUAL 4.5 r3.8 r-0.7 r4.1 r1.8 r-0.4 r4.1 r1.3 

 2004 I 5.6 r6.1 r0.5 r5.1 r3.2 r-0.4 r3.6 r1.1 

 II 4.1 5.5 1.3 4.6 1.7 0.5 3.7 1.7 

 --------------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
10 

 Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, 

 and prices, seasonally adjusted 

 Real 

 Year Output per Hours Compensa- compensa- Unit Unit non- Implicit 

 and hour of of all tion per tion per labor labor pay- price 

 quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4) 

 --------------------------------------------------------------------------------------------------------- 

 Indexes 1992=100 

 2002 I r122.4 r142.6 r116.5 r142.6 r114.7 r116.4 r115.1 r116.0 

 II 122.8 r143.2 r116.7 r143.8 r114.7 r117.1 r115.4 r116.5 

 III r124.1 r144.5 r116.4 r144.3 r114.4 r116.2 r117.7 r116.8 

 IV r124.6 r145.0 116.4 r144.7 r114.3 r116.1 r118.9 r117.2 

 ANNUAL r123.5 r143.9 r116.5 r143.8 r114.5 r116.5 r116.8 r116.6 

 2003 I r125.8 r145.9 r116.0 r146.6 r114.7 r116.6 r119.6 r117.7 

 II r127.8 r147.8 r115.6 r148.7 r116.1 r116.3 r120.4 r117.8 

 III r130.6 r151.1 115.7 r150.9 r117.1 r115.5 r122.3 r118.0 

 IV r131.7 r152.8 r116.1 r152.5 r118.2 r115.9 r121.9 r118.1 

 ANNUAL r129.0 r149.4 r115.8 r149.7 r116.5 r116.1 r121.1 117.9 

 2004 I 132.8 r155.0 r116.7 r154.0 r118.3 r116.0 r123.3 r118.7 

 II 133.8 156.4 116.9 155.9 118.3 116.5 124.7 119.5 

 --------------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 2002 I r6.9 r4.0 r-2.7 r5.5 r4.1 r-1.4 r1.6 r-0.3 

 II r1.1 r1.7 r0.6 r3.4 r-0.1 r2.3 r1.0 r1.8 

 III 4.5 r3.6 r-0.9 r1.5 r-0.8 r-2.9 r8.0 1.0 

 IV r1.6 r1.4 r-0.2 r1.2 r-0.6 r-0.3 r4.2 r1.3 

 ANNUAL r4.4 r1.8 r-2.5 r3.3 r1.6 r-1.1 r4.7 r1.0 

 2003 I r3.7 2.4 r-1.3 r5.4 r1.5 r1.6 r2.4 r1.9 

 II r6.7 r5.3 r-1.4 r5.7 r5.0 r-1.0 r2.9 r0.5 

 III r9.0 r9.3 r0.3 r6.1 r3.6 r-2.7 r6.3 r0.6 

 IV r3.1 r4.6 r1.4 r4.4 r3.6 r1.2 r-1.2 r0.3 

 ANNUAL 4.4 r3.8 r-0.6 r4.1 r1.7 r-0.4 r3.7 r1.1 

 2004 I r3.7 r5.7 r2.0 r4.0 r0.3 r0.3 r4.8 r2.0 

 II 2.9 3.8 0.8 4.9 0.1 1.9 4.4 2.8 

 --------------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 2002 I r5.1 r0.9 -4.0 r3.2 r2.0 r-1.8 r6.7 r1.2 

 II r4.0 r1.0 r-2.9 r3.5 r2.2 r-0.5 r3.4 r0.9 

 III r4.8 r2.6 -2.1 r3.4 r1.7 r-1.3 r5.2 r1.0 

 IV r3.5 r2.7 r-0.8 r2.9 r0.6 r-0.6 r3.7 1.0 

 ANNUAL r4.4 r1.8 r-2.5 r3.3 r1.6 r-1.1 r4.7 r1.0 

 2003 I 2.7 r2.3 -0.5 r2.9 r0.0 r0.1 r3.9 1.5 

 II 4.1 r3.2 r-0.9 r3.4 r1.2 r-0.7 r4.4 1.2 

 III r5.2 r4.6 r-0.6 r4.6 r2.4 r-0.6 r3.9 r1.1 

 IV r5.6 r5.4 -0.2 r5.4 r3.4 r-0.2 r2.5 r0.8 

 ANNUAL 4.4 r3.8 r-0.6 r4.1 r1.7 r-0.4 r3.7 r1.1 

 2004 I r5.6 r6.2 r0.6 r5.0 r3.1 r-0.5 r3.1 r0.8 

 II 4.7 5.9 1.1 4.8 1.9 0.2 3.5 1.4 

 --------------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
11 

 Table 3. 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 r143.8 130.5 r90.7 r144.1 r115.9 r100.2 

 II r145.7 131.8 r90.4 r147.0 r117.2 r100.8 

 III r147.8 132.4 r89.5 r148.6 r117.8 r100.5 

 IV r148.8 131.3 r88.2 r149.9 r118.3 r100.7 

 ANNUAL r146.5 131.5 r89.7 r147.3 r117.3 r100.6 

 2003 I r151.0 131.3 r87.0 r155.7 r121.8 r103.1 

 II r152.1 130.1 r85.6 r158.5 r123.8 r104.2 

 III r155.9 131.5 r84.3 r161.6 r125.4 r103.6 

 IV r157.2 133.5 r84.9 r163.9 r127.0 r104.2 

 ANNUAL r154.0 131.6 r85.5 r159.9 r124.5 r103.8 

 2004 I r158.3 r135.5 r85.6 r165.8 r127.3 r104.8 

 II 161.2 137.7 85.4 167.9 127.5 104.2 

 -------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 2002 I r10.0 2.5 r-6.9 r14.2 r12.7 r3.8 

 II r5.4 4.0 r-1.3 r8.2 r4.5 r2.6 

 III r5.9 1.7 r-4.0 r4.5 r2.2 r-1.3 

 IV r2.7 -3.1 r-5.7 r3.5 r1.5 r0.7 

 ANNUAL r7.0 -0.6 r-7.1 r6.7 r5.0 r-0.3 

 2003 I r6.0 0.1 r-5.6 r16.6 r12.4 r10.0 

 II r2.8 -3.6 r-6.2 r7.3 r6.6 r4.4 

 III r10.5 4.3 r-5.7 r8.1 r5.5 r-2.2 

 IV r3.3 6.2 r2.9 r5.7 r4.9 r2.3 

 ANNUAL 5.1 0.1 -4.8 r8.5 r6.1 r3.2 

 2004 I r2.8 r6.2 r3.3 r4.8 r1.2 r2.0 

 II 7.5 6.6 -0.9 5.2 0.5 -2.2 

 -------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 2002 I r6.6 -3.4 r-9.4 r4.1 r2.8 r-2.4 

 II r7.3 -1.1 r-7.9 r7.0 r5.6 r-0.3 

 III r8.0 0.9 -6.6 r8.2 r6.5 r0.2 

 IV r6.0 1.2 r-4.5 r7.5 r5.1 r1.4 

 ANNUAL r7.0 -0.6 r-7.1 r6.7 r5.0 r-0.3 

 2003 I r5.0 0.6 r-4.2 r8.1 r5.1 r2.9 

 II r4.4 -1.3 -5.4 r7.9 r5.6 r3.3 

 III r5.5 -0.6 r-5.8 r8.8 r6.4 r3.1 

 IV r5.6 1.7 r-3.7 r9.4 r7.3 r3.5 

 ANNUAL 5.1 0.1 -4.8 r8.5 r6.1 r3.2 

 2004 I r4.8 r3.2 r-1.5 r6.5 r4.5 r1.6 

 II 6.0 5.8 -0.2 5.9 3.0 0.0 

 -------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
12 

 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 r161.3 152.6 r94.6 r142.1 r114.4 r88.1 

 II r163.9 154.7 r94.4 r145.2 r115.8 r88.6 

 III r167.1 155.9 r93.3 r146.5 r116.2 r87.7 

 IV r170.5 156.1 r91.6 r147.7 r116.6 r86.6 

 ANNUAL r165.6 154.8 r93.5 r145.3 r115.7 r87.7 

 2003 I r173.7 156.6 r90.2 r154.9 r121.2 r89.2 

 II r175.0 155.1 r88.6 r157.9 r123.3 r90.2 

 III r181.5 158.3 87.2 r161.2 r125.1 r88.8 

 IV r183.2 161.9 r88.3 r163.3 r126.5 r89.1 

 ANNUAL r178.3 158.0 r88.6 r159.3 r124.0 r89.3 

 2004 I r185.3 r165.7 r89.4 r164.5 r126.3 r88.8 

 II 187.9 168.3 89.6 166.4 126.3 88.6 

 -------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 2002 I r11.4 2.8 r-7.7 r8.2 r6.8 r-2.9 

 II r6.4 5.5 r-0.8 r8.8 r5.1 r2.2 

 III r8.1 3.3 r-4.5 r3.7 r1.3 -4.1 

 IV r8.4 0.4 r-7.3 r3.3 r1.4 r-4.7 

 ANNUAL r8.3 -0.7 r-8.3 r5.5 r3.9 r-2.5 

 2003 I r7.7 1.4 r-5.9 r21.1 r16.7 r12.5 

 II r3.0 -3.9 r-6.7 r7.9 r7.2 r4.7 

 III r15.8 8.4 r-6.3 r8.6 r6.1 r-6.1 

 IV r3.9 9.4 r5.2 r5.3 r4.5 r1.3 

 ANNUAL r7.6 2.0 r-5.2 r9.6 r7.1 r1.8 

 2004 I r4.6 r9.9 r5.0 r3.1 r-0.5 r-1.5 

 II 5.7 6.4 0.7 4.7 -0.1 -1.0 

 -------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 2002 I 6.9 -4.9 r-11.1 r3.1 r1.9 r-3.6 

 II r8.2 -1.8 r-9.2 r6.0 r4.7 r-2.0 

 III r9.3 1.2 r-7.3 r7.0 r5.3 r-2.0 

 IV r8.6 3.0 r-5.1 r5.9 r3.6 r-2.4 

 ANNUAL r8.3 -0.7 r-8.3 r5.5 r3.9 r-2.5 

 2003 I r7.6 2.6 r-4.7 r9.0 r5.9 r1.2 

 II 6.8 0.3 -6.1 r8.8 r6.5 r1.9 

 III r8.6 1.5 r-6.6 r10.1 r7.7 r1.3 

 IV r7.5 3.7 r-3.5 r10.6 r8.5 r2.9 

 ANNUAL r7.6 2.0 r-5.2 r9.6 r7.1 r1.8 

 2004 I r6.7 r5.8 r-0.9 r6.2 r4.3 r-0.5 

 II 7.4 8.5 1.1 5.4 2.5 -1.9 

 -------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
13 

 Table 5. Nondurable 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 r126.2 107.2 r85.0 r146.3 r117.7 r116.0 

 II r127.5 107.8 r84.5 r148.8 r118.7 r116.7 

 III r128.5 107.7 r83.9 r151.1 r119.8 r117.6 

 IV r127.0 105.7 r83.2 r152.6 r120.5 r120.2 

 ANNUAL r127.3 107.1 r84.1 r149.7 r119.2 r117.6 

 2003 I r128.2 105.3 r82.1 r155.8 r121.9 r121.6 

 II r129.0 104.4 r81.0 r158.3 r123.6 r122.7 

 III r130.4 104.3 r80.0 r161.1 r125.0 r123.5 

 IV r131.5 105.0 r79.8 r163.4 r126.6 r124.2 

 ANNUAL r129.7 104.8 r80.7 r159.6 r124.2 r123.0 

 2004 I r131.9 r105.5 r80.0 r166.4 r127.8 r126.2 

 II 135.3 107.2 79.2 168.8 128.1 124.8 

 -------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 2002 I r7.9 2.0 r-5.5 r27.1 r25.4 r17.7 

 II r4.3 2.2 r-2.0 r6.9 r3.3 r2.5 

 III r3.0 -0.2 r-3.1 r6.3 r3.9 r3.2 

 IV r-4.5 -7.3 r-2.9 r4.1 r2.2 r9.0 

 ANNUAL r4.8 -0.6 r-5.2 r9.3 r7.6 r4.3 

 2003 I r3.9 -1.5 r-5.2 r8.7 r4.8 r4.6 

 II r2.4 -3.2 r-5.5 r6.4 r5.7 r3.9 

 III r4.4 -0.4 r-4.6 r7.2 r4.7 r2.7 

 IV r3.6 2.6 r-0.9 r5.8 r5.0 r2.2 

 ANNUAL 1.9 -2.2 -4.0 r6.6 r4.2 r4.6 

 2004 I r1.2 r1.8 r0.6 r7.8 r4.0 r6.5 

 II 10.7 6.9 -3.5 5.9 1.1 -4.4 

 -------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 2002 I r5.2 -1.7 r-6.5 r6.4 r5.1 r1.2 

 II r5.4 -0.4 r-5.5 r9.3 r7.9 r3.7 

 III r6.1 0.5 r-5.3 r10.8 r9.0 r4.5 

 IV r2.6 -0.9 r-3.4 r10.7 r8.3 r8.0 

 ANNUAL r4.8 -0.6 r-5.2 r9.3 r7.6 r4.3 

 2003 I r1.6 -1.8 r-3.3 r6.5 r3.5 r4.8 

 II r1.1 -3.1 r-4.2 r6.4 r4.1 r5.2 

 III r1.5 -3.1 r-4.6 r6.6 r4.3 r5.0 

 IV r3.6 -0.7 r-4.1 r7.0 r5.1 r3.3 

 ANNUAL 1.9 -2.2 -4.0 r6.6 r4.2 r4.6 

 2004 I r2.9 r0.2 -2.6 r6.8 r4.9 r3.8 

 II 4.9 2.7 -2.1 6.7 3.7 1.7 

 -------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
14 

 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 r126.3 r149.7 r118.5 r139.9 r112.6 r110.8 r114.0 r111.6 r89.1 r109.6 

 II r127.9 r151.4 r118.4 r141.3 r112.7 r110.5 r112.9 r111.2 r94.7 r109.7 

 III r129.2 r152.3 r117.9 r142.1 r112.7 r110.0 r112.7 r110.7 r95.7 109.4 

 IV r130.2 r153.1 117.6 r142.9 r112.8 r109.7 r112.3 r110.4 r101.8 109.6 

 ANNUAL r128.4 r151.6 r118.1 r141.5 r112.7 r110.2 r113.0 r111.0 r95.4 109.6 

 2003 I r131.3 r153.4 r116.8 r144.1 r112.7 r109.8 r113.2 r110.7 r99.2 r109.7 

 II r134.1 r156.1 r116.4 r146.3 r114.2 r109.1 r111.4 r109.7 r111.0 r109.8 

 III r137.2 r159.4 r116.2 r148.5 r115.3 r108.2 r111.1 r109.0 r118.7 109.9 

 IV r138.9 r162.0 116.7 r150.0 r116.2 r108.0 r110.5 r108.7 r123.2 r110.0 

 ANNUAL r135.4 r157.7 r116.5 r147.3 r114.6 r108.8 r111.5 r109.5 r113.2 109.8 

 2004 I r139.3 r163.7 r117.5 r151.5 r116.4 r108.8 r109.2 r108.9 r127.7 r110.6 

 ---------------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 2002 I r7.9 r5.7 r-2.0 r1.7 r0.4 r-5.8 r-7.3 r-6.2 r90.8 r-1.6 

 II r4.9 r4.8 r-0.1 r4.0 r0.4 r-0.9 r-3.7 r-1.7 r27.4 r0.2 

 III r4.1 r2.3 r-1.7 r2.3 r0.0 r-1.7 r-0.9 r-1.5 r4.5 r-1.0 

 IV r3.4 r2.1 r-1.2 r2.2 r0.3 r-1.1 r-1.4 r-1.2 r28.1 r0.9 

 ANNUAL r4.4 r1.5 r-2.8 r3.1 r1.4 r-1.3 r-0.2 r-1.0 r15.4 0.1 

 2003 I r3.2 r0.6 r-2.5 r3.6 r-0.2 r0.4 r3.0 r1.1 r-10.0 r0.1 

 II r9.1 r7.4 r-1.5 r6.2 r5.5 r-2.6 r-6.2 r-3.6 r56.4 r0.5 

 III r9.4 r8.8 r-0.6 r6.2 r3.6 r-3.0 r-1.0 r-2.5 r30.8 r0.2 

 IV r5.0 r6.7 1.6 r4.2 r3.4 r-0.8 r-2.1 r-1.2 r16.1 r0.4 

 ANNUAL r5.4 r4.0 r-1.3 r4.0 r1.7 r-1.3 r-1.3 r-1.3 r18.7 0.2 

 2004 I r1.3 r4.1 r2.7 r4.1 r0.5 2.7 r-4.6 r0.7 r15.5 r2.1 

 ---------------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 2002 I r3.4 r-1.1 -4.3 r3.2 r2.0 r-0.2 r4.0 r0.9 r1.5 r1.0 

 II r4.2 r0.8 r-3.2 r3.4 r2.1 r-0.8 r0.6 r-0.4 r8.4 r0.2 

 III r5.0 r2.5 r-2.4 r3.1 r1.4 r-1.8 r-1.7 r-1.8 r20.6 r-0.4 

 IV 5.1 r3.7 r-1.3 r2.5 r0.3 r-2.4 r-3.3 r-2.7 r34.3 r-0.4 

 ANNUAL r4.4 r1.5 r-2.8 r3.1 r1.4 r-1.3 r-0.2 r-1.0 r15.4 0.1 

 2003 I r3.9 r2.5 r-1.4 r3.0 r0.1 r-0.9 r-0.8 -0.8 r11.3 r0.1 

 II r4.9 r3.1 r-1.7 r3.6 r1.4 -1.3 r-1.4 r-1.3 r17.2 r0.1 

 III r6.2 r4.7 r-1.5 r4.5 2.3 r-1.6 r-1.4 r-1.6 r23.9 0.4 

 IV r6.6 r5.8 r-0.8 r5.0 r3.1 r-1.5 r-1.6 r-1.6 r20.9 r0.3 

 ANNUAL r5.4 r4.0 r-1.3 r4.0 r1.7 r-1.3 r-1.3 r-1.3 r18.7 0.2 

 2004 I r6.2 6.7 r0.5 r5.1 r3.2 r-1.0 r-3.5 r-1.7 r28.7 r0.8 

 ---------------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 

 
15 

SOURCES: Output data are from the Bureau of Economic Analysis and the Census Bureau of 

the U.S. Department of Commerce; the Bureau of Labor Statistics, U.S. Department of Labor; 

and the Federal Reserve Board. Compensation and hours data are from the Bureau of Labor 

Statistics and the Bureau of Economic Analysis. 

RELIABILITY: Productivity and cost measures are regularly revised as more complete 

information becomes available. The measures are first published within 40 days of the close of 

the reference period; revisions appear 30 days later, and second revisions after an additional 60 

days. In the business sector, the third publication (second revision) of a quarterly index of output 

per hour of all persons has differed from the initial value by between –1.4 and +1.4 index points 

approximately 95 percent of the time. This interval is based on the performance of this measure 

between the fourth quarter of 1995 and the first quarter of 2004. 

Footnotes, Tables 1-6

(1) Wages and salaries of employees plus employers' contributions for social insurance and 

private benefit plans. Except for nonfinancial corporations, where there are no selfemployed, data also include an estimate of wages, salaries, and supplemental payments 

for the self-employed. 

(2) The change for recent quarters is based on the Consumer Price Index for all urban consumers 

(CPI-U). The trend from 1978-2003 is based on the Consumer Price Index research series 

(CPI-U-RS). 

(3) Unit nonlabor payments include profits, consumption of fixed capital, taxes on production 

and imports less subsidies, net interest and miscellaneous payments, business current 

transfer payments, rental income of persons, and the current surplus of government 

enterprises. 

(4) Current dollar output divided by the output index. 

(5) Quarterly changes: Percent change compounded at annual rate from the original data rather 

than index numbers. Annual changes: Percent change between annual average levels. 

(6) Unit nonlabor costs include consumption of fixed capital, taxes on production and imports 

less subsidies, net interest and miscellaneous payments, and business current transfer 

payments. 

(7) Total unit costs are the sum of unit labor and nonlabor costs. 

(8) Unit profits include corporate profits before tax with inventory valuation and capital 

consumption adjustments.
16 

Appendix table 1. Business sector: Revised productivity, hourly compensation, unit labor costs, and prices, 

 seasonally adjusted 

 Real 

 Year Output per Hours Compensa- compensa- Unit Unit non- Implicit 

 and hour of of all tion per tion per labor labor pay- price 

 quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4) 

 --------------------------------------------------------------------------------------------------------- 

 Indexes 1992=100 

 1999 I 111.5 132.7 r118.9 r124.2 r107.9 111.3 108.5 110.3 

 II r111.8 133.9 r119.8 r124.6 r107.4 111.4 r108.9 110.5 

 III r112.6 135.7 r120.5 r125.7 r107.6 111.6 r109.5 110.8 

 IV r114.4 138.5 r121.1 r128.0 r108.8 r112.0 r109.8 111.1 

 ANNUAL r112.6 135.2 r120.1 r125.6 r107.9 111.6 109.2 110.7 

 2000 I r114.0 138.6 r121.6 r132.4 r111.5 r116.2 r105.2 112.1 

 II r116.2 141.1 r121.5 r133.0 r111.0 114.4 r109.4 112.6 

 III r115.9 140.8 r121.5 r135.6 r112.2 r117.0 r106.2 112.9 

 IV r117.1 141.5 r120.8 r136.5 r112.2 r116.6 107.9 113.3 

 ANNUAL r115.9 140.5 r121.3 r134.5 r111.8 r116.1 107.2 112.7 

 2001 I r117.0 r141.1 r120.7 r138.8 r113.0 r118.7 r106.4 114.1 

 II r118.4 r141.4 r119.4 r139.7 r112.8 r117.9 r109.9 r114.9 

 III r118.8 r140.3 r118.1 r140.4 r113.2 r118.2 r110.2 115.2 

 IV r120.9 r141.0 r116.6 141.5 114.2 r117.0 r113.1 r115.6 

 ANNUAL r118.8 r141.0 r118.7 r140.1 r113.3 r118.0 r109.9 114.9 

 --------------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 1999 I r3.7 3.7 r0.0 r8.3 r6.6 4.4 r-4.0 1.2 

 II r0.8 3.8 r3.0 r1.2 r-1.6 r0.4 r1.4 0.8 

 III r2.9 5.4 r2.4 r3.6 0.6 0.7 2.3 1.3 

 IV r6.5 8.4 r1.8 r7.7 r4.5 1.1 r1.0 1.1 

 ANNUAL 2.9 5.1 r2.2 4.8 r2.6 1.8 -0.6 0.9 

 2000 I r-1.4 0.3 1.7 14.5 r10.3 16.0 r-15.7 3.4 

 II r8.0 7.5 r-0.5 r1.6 r-1.6 -5.9 r17.1 1.8 

 III r-0.9 -0.8 r0.1 r8.1 r4.2 r9.1 r-11.2 1.3 

 IV r4.2 2.0 r-2.1 r2.9 r0.0 r-1.2 6.3 1.4 

 ANNUAL 2.9 3.9 1.0 r7.1 3.6 4.0 -1.8 1.8 

 2001 I r-0.5 r-1.1 r-0.6 r6.8 r3.1 r7.4 r-5.4 2.7 

 II r5.1 r0.8 r-4.1 r2.5 r-0.8 r-2.5 r13.8 r3.0 

 III r1.3 r-3.1 r-4.3 r2.2 r1.2 r0.8 r1.3 r1.0 

 IV r7.2 r1.8 -5.0 r3.1 r3.7 r-3.8 r10.9 r1.3 

 ANNUAL r2.5 r0.3 -2.1 r4.2 1.3 r1.6 r2.5 r2.0 

 --------------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 1999 I r2.8 4.9 r2.0 r5.6 r4.0 2.7 -2.6 0.7 

 II 2.9 5.1 2.2 r4.6 2.5 1.6 -0.4 0.9 

 III r2.5 5.2 r2.6 r3.9 r1.5 1.4 r0.4 1.0 

 IV r3.5 5.3 r1.8 r5.2 r2.5 r1.7 0.2 1.1 

 ANNUAL 2.9 5.1 r2.2 4.8 r2.6 1.8 -0.6 0.9 

 2000 I r2.2 4.5 r2.2 r6.6 r3.3 r4.4 -3.0 1.6 

 II 3.9 5.4 1.4 6.7 r3.4 2.7 0.5 1.9 

 III 3.0 3.8 0.8 7.9 4.3 4.8 -3.0 1.9 

 IV 2.4 2.2 -0.2 6.7 r3.1 r4.1 r-1.7 2.0 

 ANNUAL 2.9 3.9 1.0 r7.1 3.6 4.0 -1.8 1.8 

 2001 I r2.6 r1.8 -0.8 r4.8 r1.4 r2.2 r1.1 1.8 

 II r1.9 r0.2 -1.7 r5.0 r1.6 r3.0 r0.4 2.1 

 III r2.5 r-0.4 r-2.8 r3.6 r0.9 r1.0 r3.7 2.0 

 IV r3.2 r-0.4 -3.5 r3.6 r1.8 r0.4 r4.8 r2.0 

 ANNUAL r2.5 r0.3 -2.1 r4.2 1.3 r1.6 r2.5 r2.0 

 --------------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
17 

Appendix table 2. Nonfarm business sector: Revised productivity, hourly compensation, unit labor costs, and 

 prices, seasonally adjusted 

 Real 

 Year Output per Hours Compensa- compensa- Unit Unit non- Implicit 

 and hour of of all tion per tion per labor labor pay- price 

 quarter all persons Output persons hour (1) hour (2) costs ments (3) deflator (4) 

 --------------------------------------------------------------------------------------------------------- 

 Indexes 1992=100 

 1999 I r111.3 133.0 119.6 r123.6 r107.4 111.1 r109.5 110.5 

 II r111.5 134.3 r120.4 r124.0 r107.0 111.2 r110.5 111.0 

 III r112.3 136.1 r121.2 r125.1 r107.1 111.4 111.3 111.3 

 IV r114.2 138.9 r121.6 r127.7 r108.5 r111.8 r111.6 111.7 

 ANNUAL r112.3 135.6 r120.7 r125.1 r107.5 r111.4 r110.7 111.1 

 2000 I r113.7 138.8 r122.1 r132.1 r111.2 r116.2 r106.6 112.6 

 II r115.8 141.4 r122.1 r132.4 r110.6 r114.4 r111.0 113.1 

 III 115.5 141.1 r122.1 r135.1 r111.8 116.9 107.8 113.5 

 IV r116.6 141.8 r121.6 r135.9 r111.6 116.5 r109.4 113.9 

 ANNUAL r115.5 140.8 r121.9 r134.0 r111.4 116.0 r108.7 113.3 

 2001 I r116.5 r141.4 r121.4 r138.1 r112.5 r118.6 r107.9 114.6 

 II r118.1 r141.9 r120.2 r138.9 r112.2 r117.6 r111.6 r115.4 

 III r118.5 r140.8 r118.9 r139.6 r112.5 r117.8 r111.9 115.6 

 IV r120.4 r141.2 r117.3 140.7 r113.5 r116.8 r114.7 116.0 

 ANNUAL r118.3 r141.3 r119.4 r139.3 r112.7 r117.7 r111.5 115.4 

 --------------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 1999 I r3.1 3.7 r0.6 r7.5 r5.9 r4.3 -3.6 1.3 

 II r0.9 3.7 r2.8 r1.4 r-1.5 r0.5 r3.5 1.6 

 III r2.9 5.6 r2.6 r3.5 r0.4 0.6 2.8 1.4 

 IV r6.9 8.4 r1.4 r8.4 r5.3 r1.4 r1.3 1.4 

 ANNUAL 2.8 5.2 2.3 r4.6 2.5 1.8 -0.1 1.1 

 2000 I -1.7 -0.1 1.6 14.7 10.5 16.7 r-16.8 3.3 

 II r7.4 7.5 r0.1 r1.0 r-2.2 -6.0 r17.4 1.8 

 III r-0.8 -0.8 r0.0 r8.2 r4.3 r9.1 r-11.0 1.4 

 IV r3.7 2.2 r-1.5 r2.4 r-0.5 -1.3 6.3 1.3 

 ANNUAL 2.8 3.8 1.0 r7.1 3.6 4.2 r-1.8 1.9 

 2001 I r-0.4 r-1.1 -0.7 r6.8 r3.0 r7.2 r-5.4 r2.6 

 II r5.5 r1.2 r-4.1 r2.2 r-1.0 r-3.1 r14.4 r2.7 

 III r1.4 r-2.9 r-4.3 r2.1 r1.1 r0.6 r0.9 r0.7 

 IV r6.6 r1.2 -5.1 r3.2 r3.7 r-3.3 r10.5 r1.5 

 ANNUAL r2.5 r0.4 -2.0 r4.0 1.1 r1.5 r2.6 1.9 

 --------------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 1999 I r2.7 4.9 r2.2 5.5 r3.8 2.7 -2.5 0.7 

 II 2.6 5.1 r2.4 4.3 2.3 1.7 0.1 1.1 

 III r2.3 5.2 r2.8 r3.6 r1.3 1.3 0.9 1.2 

 IV r3.4 5.4 r1.8 r5.2 r2.5 r1.7 1.0 1.4 

 ANNUAL 2.8 5.2 2.3 r4.6 2.5 1.8 -0.1 1.1 

 2000 I r2.2 4.4 r2.1 r6.9 r3.6 r4.6 -2.7 1.9 

 II 3.8 5.3 r1.4 r6.8 r3.4 2.8 r0.4 2.0 

 III 2.9 3.6 r0.8 8.0 4.4 5.0 r-3.1 2.0 

 IV 2.1 2.1 0.0 r6.4 r2.9 4.3 -2.0 2.0 

 ANNUAL 2.8 3.8 1.0 r7.1 3.6 4.2 r-1.8 1.9 

 2001 I r2.4 r1.9 r-0.5 r4.5 r1.1 r2.1 r1.2 1.8 

 II r2.0 r0.4 -1.6 r4.9 r1.4 r2.8 r0.6 r2.0 

 III r2.6 r-0.2 r-2.7 r3.3 r0.6 r0.8 r3.8 1.8 

 IV r3.3 r-0.4 r-3.6 r3.5 r1.7 r0.3 r4.8 r1.9 

 ANNUAL r2.5 r0.4 -2.0 r4.0 1.1 r1.5 r2.6 1.9 

 --------------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
18 

 Appendix table 3. Manufacturing sector: Revised 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 

 1999 I r126.6 132.9 r105.0 r121.6 r105.6 96.0 

 II 127.4 133.9 105.1 122.3 105.5 96.0 

 III r127.6 134.7 r105.6 r123.7 r105.9 r97.0 

 IV r130.7 136.8 r104.6 r127.0 r107.9 97.2 

 ANNUAL r128.1 134.6 r105.1 r123.7 r106.2 96.6 

 2000 I 132.4 137.9 r104.1 133.4 112.3 r100.7 

 II r134.0 139.7 r104.2 132.6 r110.8 99.0 

 III r134.0 139.1 r103.8 r136.0 r112.6 r101.6 

 IV r135.2 137.8 r101.9 r137.1 r112.6 r101.4 

 ANNUAL r134.1 138.6 r103.4 135.0 r112.2 r100.7 

 2001 I r134.9 135.2 r100.2 r138.5 r112.7 r102.6 

 II r135.8 133.3 r98.2 137.4 111.0 r101.2 

 III r136.9 131.1 r95.8 r137.3 r110.6 r100.3 

 IV r140.4 129.7 r92.4 r139.4 r112.5 r99.3 

 ANNUAL r136.9 132.3 r96.6 r138.1 r111.7 r100.9 

 -------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 1999 I r4.3 1.8 r-2.4 r3.3 r1.7 -0.9 

 II r2.4 2.9 r0.5 r2.5 r-0.4 r0.1 

 III r0.7 2.4 r1.7 r4.6 r1.5 r3.9 

 IV r10.3 6.3 r-3.6 r11.1 r7.9 r0.8 

 ANNUAL r3.6 2.9 r-0.6 r3.9 r1.8 0.3 

 2000 I r5.4 3.5 r-1.8 r21.7 r17.3 r15.5 

 II r4.9 5.2 r0.4 r-2.4 r-5.5 -6.9 

 III r-0.2 -1.7 r-1.5 r10.7 r6.7 r10.9 

 IV r3.9 -3.6 r-7.2 r3.1 r0.2 r-0.8 

 ANNUAL 4.7 3.0 -1.6 9.1 5.6 4.2 

 2001 I r-1.0 -7.5 r-6.6 r4.1 r0.4 r5.1 

 II r2.7 -5.4 r-7.8 r-3.1 r-6.1 r-5.6 

 III r3.1 -6.3 r-9.2 r-0.3 r-1.2 r-3.3 

 IV r10.9 -4.3 r-13.7 r6.3 r7.0 r-4.1 

 ANNUAL r2.1 -4.6 r-6.5 r2.3 -0.4 0.2 

 -------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 1999 I r4.0 2.5 r-1.4 r4.3 r2.7 r0.2 

 II 3.8 2.8 -0.9 r3.2 1.2 -0.5 

 III r2.2 3.0 r0.8 r2.9 r0.5 0.7 

 IV r4.3 3.3 r-1.0 r5.3 r2.6 1.0 

 ANNUAL r3.6 2.9 r-0.6 r3.9 r1.8 0.3 

 2000 I r4.6 3.8 r-0.8 r9.7 r6.4 4.9 

 II r5.2 4.4 r-0.8 8.4 r5.0 r3.0 

 III r5.0 3.3 r-1.6 r10.0 r6.3 4.7 

 IV 3.5 0.8 -2.6 7.9 r4.4 4.3 

 ANNUAL 4.7 3.0 -1.6 9.1 5.6 4.2 

 2001 I r1.9 -2.0 r-3.8 r3.8 r0.4 1.9 

 II r1.3 -4.6 r-5.8 3.6 r0.2 r2.2 

 III r2.2 -5.7 -7.7 r0.9 r-1.7 r-1.2 

 IV 3.8 -5.9 -9.4 r1.7 r-0.1 r-2.1 

 ANNUAL r2.1 -4.6 r-6.5 r2.3 -0.4 0.2 

 -------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
19 

 Appendix table 4. Durable manufacturing sector: Revised 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 

 1999 I r141.3 155.4 r110.0 r121.2 r105.3 85.8 

 II r142.9 157.3 r110.0 r122.2 r105.4 85.5 

 III r143.0 159.6 r111.6 123.6 105.8 r86.4 

 IV 146.0 161.6 110.7 r127.4 108.2 87.2 

 ANNUAL r143.3 158.5 r110.6 r123.6 r106.2 86.2 

 2000 I r149.2 164.5 r110.3 r134.6 r113.3 90.2 

 II r150.8 167.1 r110.8 r133.0 r111.1 88.2 

 III r151.1 166.7 r110.3 r136.9 r113.3 90.6 

 IV r151.7 164.6 r108.5 r136.9 r112.5 90.3 

 ANNUAL r150.9 165.7 109.9 r135.5 r112.6 89.8 

 2001 I 150.9 160.5 106.4 r137.8 r112.2 91.4 

 II r151.4 157.5 r104.0 r136.9 r110.6 r90.4 

 III r152.9 154.0 100.7 r136.8 r110.3 r89.5 

 IV r157.0 151.6 r96.5 139.4 112.5 r88.8 

 ANNUAL 153.0 155.9 101.9 137.7 r111.4 90.0 

 -------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 1999 I r7.1 2.5 r-4.2 r4.6 r3.0 r-2.3 

 II r4.8 4.8 r0.0 r3.4 r0.4 r-1.4 

 III r0.2 5.9 r5.6 r4.4 r1.3 r4.2 

 IV r8.6 5.2 r-3.1 r12.9 r9.6 r3.9 

 ANNUAL r5.9 5.5 r-0.3 r4.5 r2.4 -1.3 

 2000 I r9.0 7.5 r-1.4 r24.7 r20.2 14.4 

 II r4.5 6.3 r1.8 r-4.6 r-7.6 r-8.7 

 III r0.8 -1.0 r-1.7 r12.3 r8.3 r11.4 

 IV r1.6 -4.7 r-6.2 r0.0 r-2.8 r-1.5 

 ANNUAL 5.3 4.6 -0.7 r9.6 6.1 4.2 

 2001 I r-2.2 -9.7 r-7.7 r2.7 r-0.9 r5.0 

 II r1.5 -7.3 r-8.7 r-2.6 r-5.7 r-4.0 

 III r4.1 -8.5 r-12.1 r-0.3 r-1.2 r-4.2 

 IV r11.2 -6.2 r-15.6 r7.7 r8.3 r-3.1 

 ANNUAL r1.4 -5.9 r-7.2 r1.6 -1.1 0.2 

 -------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 1999 I r6.9 5.4 r-1.4 r4.6 r3.0 r-2.2 

 II 7.0 6.1 -0.9 3.7 r1.6 -3.1 

 III r4.5 6.0 r1.5 r3.5 r1.2 r-0.9 

 IV r5.1 4.6 r-0.5 r6.2 r3.5 1.1 

 ANNUAL r5.9 5.5 r-0.3 r4.5 r2.4 -1.3 

 2000 I r5.6 5.8 0.2 r11.0 7.6 5.1 

 II r5.5 6.2 r0.7 r8.8 r5.4 3.1 

 III 5.6 4.5 -1.1 10.8 7.1 r4.9 

 IV r3.9 1.9 -1.9 r7.5 r4.0 3.5 

 ANNUAL 5.3 4.6 -0.7 r9.6 6.1 4.2 

 2001 I r1.1 -2.4 r-3.5 r2.4 r-0.9 1.3 

 II r0.4 -5.7 r-6.1 3.0 -0.4 r2.5 

 III 1.2 -7.6 -8.7 r-0.1 r-2.7 r-1.3 

 IV r3.5 -7.9 r-11.1 r1.8 r0.0 r-1.7 

 ANNUAL r1.4 -5.9 r-7.2 r1.6 -1.1 0.2 

 -------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
20 

 Appendix table 5. Nondurable manufacturing sector: Revised 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 

 1999 I r112.9 110.0 r97.5 r120.8 r104.9 107.0 

 II r112.7 110.1 r97.8 r121.1 r104.4 r107.4 

 III r113.3 109.5 r96.6 r122.2 r104.6 107.8 

 IV r116.8 111.6 r95.6 r124.5 r105.7 106.6 

 ANNUAL r113.9 110.3 r96.9 r122.1 r104.9 107.2 

 2000 I r116.9 111.0 95.0 r129.1 108.7 r110.4 

 II r118.5 111.9 94.5 r129.7 r108.3 r109.5 

 III r117.9 111.1 r94.2 r132.1 r109.3 r112.0 

 IV r120.0 110.4 r92.0 r135.1 r111.0 r112.6 

 ANNUAL r118.5 111.1 r93.8 r131.7 r109.4 111.1 

 2001 I r119.9 109.0 90.9 r137.5 r112.0 r114.6 

 II r121.0 108.2 r89.4 r136.1 r110.0 r112.5 

 III r121.1 107.2 r88.5 r136.3 r109.9 r112.6 

 IV r123.8 106.7 r86.2 r137.8 r111.2 111.3 

 ANNUAL r121.4 107.8 r88.8 r136.9 r110.7 112.8 

 -------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 1999 I r0.6 1.4 r0.8 r1.5 r-0.1 r0.9 

 II r-0.8 0.4 r1.2 r0.8 r-2.0 1.7 

 III r2.4 -2.3 r-4.6 r3.9 r0.8 1.4 

 IV r12.6 7.8 r-4.3 r7.6 r4.4 -4.5 

 ANNUAL r0.8 -0.3 r-1.1 r2.7 r0.6 1.9 

 2000 I r0.4 -2.2 r-2.5 r15.7 r11.5 r15.2 

 II r5.7 3.5 r-2.1 r2.0 r-1.3 r-3.5 

 III r-1.9 -3.1 r-1.2 r7.6 r3.7 r9.6 

 IV r7.2 -2.3 r-8.9 r9.4 r6.3 r2.0 

 ANNUAL r4.0 0.7 r-3.2 r7.8 r4.3 3.6 

 2001 I r-0.2 -4.9 r-4.7 r7.4 3.6 r7.5 

 II r3.6 -3.0 r-6.3 r-3.9 r-6.9 r-7.2 

 III r0.3 -3.7 r-4.0 r0.5 r-0.4 r0.2 

 IV r9.2 -2.0 r-10.2 r4.4 r5.0 r-4.4 

 ANNUAL r2.5 -3.0 r-5.3 r4.0 r1.2 1.5 

 -------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 1999 I r0.5 -1.0 r-1.5 r3.7 r2.1 3.2 

 II -0.2 -1.1 -0.9 2.4 0.4 2.6 

 III r-0.5 -0.8 r-0.3 r1.4 r-0.9 r1.9 

 IV r3.6 1.8 r-1.7 r3.4 r0.8 r-0.1 

 ANNUAL r0.8 -0.3 r-1.1 r2.7 r0.6 1.9 

 2000 I r3.5 0.9 r-2.6 r6.8 r3.5 r3.2 

 II r5.2 1.6 r-3.4 r7.1 r3.7 r1.9 

 III r4.0 1.4 r-2.5 r8.1 r4.5 r3.9 

 IV r2.8 -1.1 r-3.7 r8.5 5.0 r5.6 

 ANNUAL r4.0 0.7 r-3.2 r7.8 r4.3 3.6 

 2001 I r2.6 -1.8 r-4.3 r6.5 r3.0 3.8 

 II r2.1 -3.3 r-5.3 r5.0 r1.5 r2.8 

 III r2.7 -3.5 r-6.0 r3.2 r0.5 r0.5 

 IV r3.2 -3.4 r-6.3 r2.0 r0.2 r-1.1 

 ANNUAL r2.5 -3.0 r-5.3 r4.0 r1.2 1.5 

 -------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
21 

 Appendix table 6. Nonfinancial corporations: Revised 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 

 1999 I r115.9 140.8 r121.5 r122.6 r106.5 105.8 99.7 104.2 134.1 106.8 

 II r116.4 142.4 r122.3 r122.8 r105.9 105.5 100.3 104.1 134.4 106.8 

 III r116.4 143.5 r123.3 r123.5 r105.7 106.1 101.6 104.9 126.9 106.9 

 IV r117.7 146.0 r124.0 r125.2 r106.4 106.4 102.2 105.2 124.1 106.9 

 ANNUAL r116.6 143.2 r122.8 r123.5 r106.1 106.0 101.0 104.6 129.8 106.9 

 2000 I r119.7 149.4 r124.7 r129.7 r109.2 108.3 102.5 106.8 115.3 107.5 

 II r120.4 150.2 r124.8 r130.4 r108.9 108.3 104.1 107.2 116.6 108.0 

 III r121.3 151.5 r125.0 r132.9 r110.0 109.6 105.4 108.5 108.0 108.4 

 IV r121.6 151.5 r124.6 r134.4 r110.5 110.6 107.1 109.7 97.6 108.6 

 ANNUAL r120.8 150.7 r124.7 r132.0 r109.7 109.2 104.8 108.0 109.3 108.1 

 2001 I r122.2 r151.3 r123.9 r135.6 r110.4 r111.0 r109.6 r110.6 r87.8 r108.6 

 II r122.8 r150.3 r122.4 r136.7 r110.4 r111.4 r112.2 r111.6 r87.3 r109.4 

 III r123.0 r148.6 r120.8 r137.9 r111.1 r112.1 r114.7 r112.8 r79.4 109.8 

 IV r123.9 r147.6 r119.1 r139.3 r112.5 r112.4 r116.2 r113.4 r75.8 r110.1 

 ANNUAL r123.0 r149.4 r121.5 r137.3 r111.1 r111.7 r113.2 r112.1 r82.6 109.5 

 ---------------------------------------------------------------------------------------------------------- 

 Percent change from previous quarter at annual rate(5) 

 1999 I r7.2 8.6 r1.3 r10.2 r8.5 2.8 -5.2 0.7 3.7 1.0 

 II r1.7 4.5 r2.7 r0.6 r-2.2 -1.1 2.5 -0.2 0.9 0.0 

 III r0.0 3.1 r3.1 r2.2 r-0.8 2.3 5.3 3.0 -20.3 0.2 

 IV r4.6 7.2 r2.5 r5.6 r2.6 1.0 2.2 1.3 -8.6 0.2 

 ANNUAL r3.1 5.8 2.6 4.6 r2.4 1.4 1.1 1.3 -5.6 0.5 

 2000 I r7.1 9.6 r2.3 r15.1 r11.0 7.5 1.3 5.8 -25.6 2.2 

 II r2.1 2.4 0.2 2.2 -1.0 0.1 6.5 1.7 4.6 2.0 

 III r3.0 3.5 r0.5 r7.9 r4.0 4.8 5.0 4.8 -26.3 1.5 

 IV r1.0 -0.1 r-1.1 r4.7 r1.8 3.7 6.6 4.4 -33.4 0.5 

 ANNUAL 3.6 5.2 r1.5 6.8 r3.4 3.1 3.8 3.3 -15.8 1.2 

 2001 I r2.0 r-0.5 r-2.4 r3.4 r-0.3 r1.3 r9.8 r3.5 r-34.4 r0.0 

 II r2.0 -2.7 r-4.6 r3.4 r0.2 r1.4 r9.8 r3.6 r-2.0 r3.2 

 III r0.8 r-4.4 r-5.2 r3.5 r2.5 r2.7 r9.0 r4.3 r-31.8 r1.4 

 IV r3.1 r-2.6 r-5.5 r4.3 r4.9 r1.2 r5.4 r2.3 r-16.7 r1.0 

 ANNUAL 1.8 r-0.8 r-2.5 r4.1 r1.3 r2.3 r8.0 r3.8 r-24.4 1.2 

 ---------------------------------------------------------------------------------------------------------- 

 Percent change from corresponding quarter of previous year 

 1999 I r3.9 6.2 r2.3 r5.6 r4.0 1.7 0.3 1.3 -4.2 0.7 

 II r3.4 6.0 r2.5 4.5 r2.5 1.1 0.9 1.0 -2.0 0.7 

 III r2.0 5.1 r3.1 r3.6 r1.3 1.6 2.1 1.7 -9.5 0.4 

 IV r3.3 5.8 r2.4 r4.6 r1.9 1.2 1.1 1.2 -6.6 0.3 

 ANNUAL r3.1 5.8 2.6 4.6 r2.4 1.4 1.1 1.3 -5.6 0.5 

 2000 I r3.3 6.1 r2.7 r5.8 r2.5 2.4 2.8 2.5 -14.0 0.6 

 II 3.4 5.5 r2.0 r6.2 2.8 2.7 3.8 3.0 -13.2 1.1 

 III 4.2 5.6 r1.4 r7.6 r4.0 3.3 3.7 3.4 -14.9 1.5 

 IV r3.3 3.8 r0.5 7.4 r3.8 4.0 4.8 4.2 -21.4 1.5 

 ANNUAL 3.6 5.2 r1.5 6.8 r3.4 3.1 3.8 3.3 -15.8 1.2 

 2001 I r2.0 r1.3 -0.7 r4.5 r1.1 r2.4 r7.0 r3.6 r-23.8 r1.0 

 II r2.0 r0.0 r-1.9 r4.8 r1.4 r2.8 r7.8 r4.1 r-25.1 1.3 

 III r1.4 r-1.9 r-3.3 3.7 1.0 r2.3 r8.8 r4.0 r-26.5 r1.3 

 IV r2.0 r-2.6 -4.4 3.6 1.8 r1.7 r8.5 r3.4 r-22.3 r1.4 

 ANNUAL 1.8 r-0.8 r-2.5 r4.1 r1.3 r2.3 r8.0 r3.8 r-24.4 1.2 

 ---------------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
22 

 Appendix table 7. Business sector: Productivity, hourly compensation, unit labor costs, and prices 

 Indexes 1992=100 

 Real 

 Output per Hours Compensa- compensa- Unit Unit non- Implicit 

 hour of of all tion per tion per labor labor pay- price 

 Year all persons Output persons hour (1) hour (2) costs ments (3) deflator (4) 

 ------------------------------------------------------------------------------------------------------- 

 1947 r32.4 20.4 r63.0 7.0 r40.9 21.7 18.7 20.6 

 1948 r33.9 21.5 r63.5 7.6 r41.0 22.5 20.7 21.8 

 1949 r34.7 21.3 r61.4 7.7 r42.1 22.3 20.5 21.6 

 1950 r37.5 23.4 r62.3 r8.3 r44.5 22.1 21.6 21.9 

 1951 r38.7 24.9 r64.4 r9.1 r45.2 r23.5 r23.7 23.6 

 1952 r39.7 25.7 r64.6 9.6 r47.0 24.2 23.2 23.8 

 1953 r41.1 26.9 r65.4 10.2 r49.6 24.9 22.6 24.0 

 1954 r42.0 26.6 r63.2 r10.6 r50.8 25.1 22.6 24.2 

 1955 r43.8 28.7 r65.6 10.8 r52.3 24.8 24.0 24.5 

 1956 r43.8 29.1 r66.6 11.5 r55.0 26.4 23.5 25.3 

 1957 r45.1 29.6 r65.7 r12.3 r56.7 27.2 24.2 26.1 

 1958 r46.4 29.1 r62.7 12.8 r57.5 27.7 24.8 26.6 

 1959 r48.1 31.4 r65.4 r13.4 r59.5 27.8 25.2 26.8 

 1960 r48.9 32.0 r65.5 r13.9 r60.9 28.4 24.9 27.1 

 1961 r50.6 32.7 r64.5 r14.5 r62.6 28.5 25.3 27.3 

 1962 r52.9 34.8 r65.7 r15.1 r64.7 28.5 26.1 27.6 

 1963 r55.0 36.4 r66.2 r15.6 r66.1 28.4 26.6 27.7 

 1964 r56.8 38.7 r68.1 r16.2 r67.7 28.5 27.3 28.1 

 1965 r58.8 41.4 r70.4 r16.8 r69.1 28.6 28.4 28.5 

 1966 r61.2 44.2 r72.3 r17.9 r71.7 29.3 29.0 29.2 

 1967 r62.5 45.1 r72.1 r19.0 r73.5 30.3 29.5 30.0 

 1968 r64.6 47.3 r73.2 r20.5 r76.3 31.7 30.4 31.2 

 1969 r64.9 48.8 r75.1 r21.9 r77.4 r33.8 30.8 32.6 

 1970 r66.2 48.7 r73.6 r23.6 r78.8 35.6 r31.4 34.1 

 1971 r69.0 50.6 r73.3 r25.1 r80.2 36.3 r34.1 35.5 

 1972 r71.2 53.9 r75.6 r26.7 r82.6 37.4 35.7 36.8 

 1973 r73.5 57.6 r78.5 r28.9 r84.4 39.4 r37.5 38.7 

 1974 r72.3 56.8 r78.6 r31.7 r83.3 r43.9 40.0 42.4 

 1975 r74.8 56.3 r75.3 r35.0 r84.1 46.7 46.3 46.6 

 1976 r77.2 60.0 r77.7 r38.0 r86.4 49.2 r48.7 49.0 

 1977 r78.5 63.3 r80.7 r41.0 r87.6 52.2 r51.5 52.0 

 1978 r79.3 67.3 r84.8 r44.6 r89.1 r56.2 54.8 55.6 

 1979 r79.4 69.6 r87.7 r48.9 r89.4 61.6 r58.2 60.4 

 1980 r79.2 68.8 r86.9 r54.2 r89.2 68.4 61.3 65.8 

 1981 r80.8 70.7 r87.5 r59.4 r89.3 r73.5 r69.1 71.8 

 1982 80.2 68.6 85.5 63.6 90.4 79.3 70.2 75.9 

 1983 83.1 72.3 87.0 r66.3 r90.4 79.7 76.5 78.5 

 1984 85.3 78.6 92.1 69.1 r90.7 81.0 80.4 80.8 

 1985 r87.2 82.2 r94.2 r72.4 r91.9 83.0 82.2 82.7 

 1986 89.9 85.3 r94.9 r76.2 r94.9 84.8 82.8 84.1 

 1987 r90.4 88.3 97.7 79.0 r95.3 87.5 83.3 85.9 

 1988 91.7 92.1 r100.3 83.1 96.6 90.6 r85.4 88.6 

 1989 r92.6 95.4 103.0 r85.3 r95.1 92.1 91.5 91.9 

 1990 r94.5 96.9 r102.5 r90.6 r96.2 95.9 93.9 95.1 

 1991 96.0 96.1 r100.2 r95.0 r97.4 99.0 96.8 98.2 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 100.3 103.1 102.8 102.2 99.7 101.9 102.5 102.1 

 1994 r101.5 108.2 106.7 103.8 99.2 102.3 106.6 103.9 

 1995 r101.6 111.4 r109.6 106.0 98.9 104.3 108.2 105.7 

 1996 r104.6 116.5 r111.4 r109.6 r99.6 104.8 r111.8 107.4 

 1997 106.5 122.7 r115.1 r113.1 r100.6 106.1 r113.8 109.0 

 1998 r109.4 128.6 r117.6 r119.9 r105.1 r109.6 r109.8 109.7 

 1999 r112.6 135.2 r120.1 r125.6 r107.9 111.6 109.2 110.7 

 2000 r115.9 140.5 r121.3 r134.5 r111.8 r116.1 107.2 112.7 

 2001 r118.8 r141.0 r118.7 r140.1 r113.3 r118.0 r109.9 114.9 

 2002 r123.9 r143.5 r115.8 r144.5 r115.0 r116.6 r114.9 r116.0 

 2003 r129.5 r149.0 115.1 r150.5 r117.1 r116.2 r119.6 117.4 

 ------------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
23 

 Appendix table 8. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices 

 Indexes 1992=100 

 Real 

 Output per Hours Compensa- compensa- Unit Unit non- Implicit 

 hour of of all tion per tion per labor labor pay- price 

 Year all persons Output persons hour (1) hour (2) costs ments (3) deflator (4) 

 ------------------------------------------------------------------------------------------------------- 

 1947 r37.0 20.1 r54.2 r7.5 r43.3 20.2 17.8 19.3 

 1948 r38.0 20.9 r55.1 8.1 r43.6 21.3 19.4 20.6 

 1949 r39.3 20.8 r53.0 8.3 r45.4 21.2 r20.0 20.8 

 1950 r41.9 22.9 r54.7 8.8 r47.5 21.1 20.8 21.0 

 1951 r43.0 24.6 r57.3 9.6 r47.8 22.3 22.4 22.4 

 1952 r43.8 25.3 r57.9 10.1 r49.5 r23.2 22.3 22.8 

 1953 r44.7 26.6 r59.4 r10.7 r51.9 23.9 22.2 23.3 

 1954 r45.6 26.1 r57.3 11.0 r53.1 24.2 22.3 23.5 

 1955 r47.5 28.3 r59.7 11.4 r55.3 24.1 23.6 23.9 

 1956 r47.1 28.8 r61.1 12.1 r57.8 25.8 23.1 24.8 

 1957 r48.3 29.4 r60.8 12.8 r59.2 26.6 23.8 25.6 

 1958 r49.4 28.7 r58.2 r13.4 r59.8 27.1 24.1 26.0 

 1959 r51.2 31.2 r60.9 r13.9 r61.8 27.1 24.9 26.3 

 1960 r51.8 31.8 r61.3 r14.5 r63.3 27.9 24.3 26.6 

 1961 r53.4 32.4 r60.6 r15.0 r64.8 28.0 24.8 26.8 

 1962 r55.8 34.6 r62.0 r15.6 r66.7 r27.9 r25.8 27.1 

 1963 r57.8 36.2 r62.7 r16.1 r68.1 27.8 26.3 27.3 

 1964 r59.5 38.7 r65.0 r16.6 r69.3 27.9 27.1 27.6 

 1965 r61.3 41.4 r67.5 17.1 r70.5 27.9 28.0 28.0 

 1966 r63.5 44.4 r69.8 r18.2 r72.6 28.6 28.7 28.6 

 1967 r64.6 45.1 r69.8 r19.2 r74.5 29.7 29.2 29.5 

 1968 r66.8 47.5 r71.1 r20.7 r77.1 31.0 30.2 30.7 

 1969 r66.9 48.9 r73.1 r22.1 r78.1 33.1 30.4 32.1 

 1970 r67.9 48.9 r72.0 r23.7 r79.1 34.9 31.1 33.5 

 1971 r70.6 50.7 r71.8 r25.2 r80.7 35.7 r33.7 35.0 

 1972 r73.0 54.1 r74.1 r26.9 r83.2 36.8 34.9 36.1 

 1973 r75.3 58.0 r77.1 r29.1 r84.8 38.6 35.3 37.4 

 1974 r74.2 57.3 r77.2 r31.9 r83.8 43.0 38.1 41.2 

 1975 r76.2 56.3 r73.9 r35.1 r84.5 46.1 44.8 45.6 

 1976 r78.7 60.2 r76.5 r38.1 r86.6 48.4 47.8 48.1 

 1977 r79.9 63.6 r79.6 r41.2 r88.0 51.5 50.7 51.2 

 1978 r81.0 67.8 r83.7 r44.8 r89.6 55.3 53.4 54.6 

 1979 r80.7 70.0 r86.6 r49.1 r89.7 60.8 56.5 59.2 

 1980 r80.6 69.2 r85.9 r54.4 r89.5 67.5 60.4 64.9 

 1981 r81.7 70.7 r86.5 r59.7 r89.9 73.1 67.8 71.1 

 1982 80.9 68.4 84.6 64.0 r90.8 79.1 r69.5 75.5 

 1983 84.6 72.9 86.2 66.6 90.9 78.8 76.2 77.9 

 1984 r86.3 78.9 91.4 r69.5 91.1 80.5 79.4 80.1 

 1985 r87.6 82.2 r93.8 r72.6 r92.2 82.9 81.7 82.5 

 1986 90.3 85.4 r94.6 r76.4 r95.2 84.6 r82.6 83.9 

 1987 r90.7 88.4 97.5 79.2 95.4 87.3 r83.0 85.7 

 1988 92.1 92.4 r100.3 83.1 96.6 90.2 85.1 88.3 

 1989 92.8 95.7 103.1 r85.2 r95.0 91.9 90.9 91.5 

 1990 r94.6 97.1 r102.7 r90.4 r96.0 95.6 93.6 94.9 

 1991 r96.1 96.3 r100.2 r95.0 r97.4 98.8 97.0 98.1 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 r100.4 103.4 103.0 r102.0 99.5 101.6 102.9 102.1 

 1994 101.5 108.3 r106.6 r103.8 99.1 102.2 107.1 104.0 

 1995 r102.0 111.8 109.5 r105.9 r98.8 103.8 109.2 105.8 

 1996 r104.8 116.8 r111.5 r109.5 r99.5 104.5 r112.0 107.3 

 1997 r106.5 122.8 115.4 r112.9 r100.4 106.0 r114.5 109.1 

 1998 r109.3 128.9 r117.9 r119.6 r104.9 r109.4 r110.8 109.9 

 1999 r112.3 135.6 r120.7 r125.1 r107.5 r111.4 r110.7 111.1 

 2000 r115.5 140.8 r121.9 r134.0 r111.4 116.0 r108.7 113.3 

 2001 r118.3 r141.3 r119.4 r139.3 r112.7 r117.7 r111.5 115.4 

 2002 r123.5 r143.9 r116.5 r143.8 r114.5 r116.5 r116.8 r116.6 

 2003 r129.0 r149.4 r115.8 r149.7 r116.5 r116.1 r121.1 117.9 

 ------------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
24 

 Appendix table 9. Manufacturing sector: Productivity, hourly compensation, and unit labor costs, 

 Indexes 1992=100 

 Real 

 Output per Hours Compensa- compensa- Unit 

 hour of of all tion per tion per labor 

 Year all persons Output persons hour (1) hour (2) costs 

 ----------------------------------------------------------------------------------------------- 

 1987 r88.4 91.7 r103.8 r80.7 r97.3 r91.4 

 1988 r90.0 96.3 r107.0 r83.6 r97.2 92.8 

 1989 90.3 97.2 r107.6 r86.1 r96.0 95.3 

 1990 92.9 97.6 105.0 90.1 95.7 97.0 

 1991 r95.4 96.0 r100.5 r95.4 r97.8 100.0 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 102.7 104.1 101.4 102.3 99.8 99.6 

 1994 r106.1 110.0 103.8 105.6 100.9 99.6 

 1995 r109.9 115.0 r104.6 r107.5 r100.3 97.8 

 1996 113.9 118.6 r104.2 109.9 99.8 96.5 

 1997 r118.0 125.1 r106.0 r112.1 99.7 95.0 

 1998 r123.6 130.7 r105.7 r119.0 r104.4 96.2 

 1999 r128.1 134.6 r105.1 r123.7 r106.2 96.6 

 2000 r134.1 138.6 r103.4 135.0 r112.2 r100.7 

 2001 r136.9 132.3 r96.6 r138.1 r111.7 r100.9 

 2002 r146.5 131.5 r89.7 r147.3 r117.3 r100.6 

 2003 r154.0 131.6 r85.5 r159.9 r124.5 r103.8 

 ----------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
25 

 Appendix table 10. Durable manufacturing sector: Productivity, hourly compensation, and unit labor costs, 

 Indexes 1992=100 

 Real 

 Output per Hours Compensa- compensa- Unit 

 hour of of all tion per tion per labor 

 Year all persons Output persons hour (1) hour (2) costs 

 ----------------------------------------------------------------------------------------------- 

 1987 r89.3 95.1 r106.5 r80.7 r97.2 90.4 

 1988 r91.2 100.9 r110.6 r83.0 r96.5 90.9 

 1989 r91.2 101.1 r111.0 r85.5 r95.3 93.8 

 1990 r93.2 100.1 107.4 89.2 94.8 95.8 

 1991 r94.5 95.9 r101.4 r94.9 r97.2 100.4 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 r104.5 106.0 r101.4 r102.0 r99.5 97.6 

 1994 r109.7 114.8 r104.7 r105.5 r100.8 96.2 

 1995 r115.2 122.8 r106.6 r106.5 r99.4 92.5 

 1996 r120.7 129.5 r107.3 r108.1 r98.2 89.5 

 1997 r126.3 139.5 r110.5 r110.6 r98.4 87.6 

 1998 r135.4 150.2 r111.0 r118.2 r103.7 r87.4 

 1999 r143.3 158.5 r110.6 r123.6 r106.2 86.2 

 2000 r150.9 165.7 109.9 r135.5 r112.6 89.8 

 2001 153.0 155.9 101.9 137.7 r111.4 90.0 

 2002 r165.6 154.8 r93.5 r145.3 r115.7 r87.7 

 2003 r178.3 158.0 r88.6 r159.3 r124.0 r89.3 

 ----------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
26 

 Appendix table 11. Nondurable manufacturing sector: Productivity, hourly compensation, and unit labor 

 costs, 

 Indexes 1992=100 

 Real 

 Output per Hours Compensa- compensa- Unit 

 hour of of all tion per tion per labor 

 Year all persons Output persons hour (1) hour (2) costs 

 ----------------------------------------------------------------------------------------------- 

 1987 90.5 90.2 r99.7 r80.2 r96.7 88.7 

 1988 r92.0 93.3 r101.5 r84.0 r97.7 91.3 

 1989 r92.3 94.7 r102.7 r86.7 r96.7 r93.9 

 1990 r94.8 96.1 r101.4 r91.2 r96.9 96.2 

 1991 r97.4 96.6 r99.2 r96.2 r98.6 98.8 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 r100.5 101.9 r101.4 r102.7 r100.2 102.3 

 1994 r102.2 104.5 r102.3 r105.7 r101.0 103.5 

 1995 r104.6 106.3 r101.6 r108.8 r101.5 103.9 

 1996 r107.1 106.5 r99.5 r112.4 r102.2 105.0 

 1997 r110.7 110.0 r99.4 r113.6 r101.1 102.7 

 1998 r113.0 110.6 r97.9 r118.9 r104.3 105.2 

 1999 r113.9 110.3 r96.9 r122.1 r104.9 107.2 

 2000 r118.5 111.1 r93.8 r131.7 r109.4 111.1 

 2001 r121.4 107.8 r88.8 r136.9 r110.7 112.8 

 2002 r127.3 107.1 r84.1 r149.7 r119.2 r117.6 

 2003 r129.7 104.8 r80.7 r159.6 r124.2 r123.0 

 ----------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics 
27 

 Appendix table 12. Nonfinancial corporations: Productivity, hourly compensation, unit labor costs, unit 

 profits, and prices, 

 Indexes 1992=100 

 Output Hourly Real Unit Total Unit Implicit 

 per all- compen- hourly Unit non- unit pro- price 

 employee Employee sation compen labor labor costs fits deflator 

 Year hour Output hours (1) sation(2) costs costs(6) (7) (8) (4) 

 -------------------------------------------------------------------------------------------------------- 

 1958 r53.6 25.7 r48.0 r15.0 r67.2 28.0 23.2 26.7 46.5 28.5 

 1959 r56.1 28.6 r50.9 r15.6 r69.3 27.7 21.9 26.2 55.0 28.7 

 1960 r57.0 29.5 r51.8 r16.2 r70.8 28.4 23.0 26.9 49.5 28.9 

 1961 r58.8 30.1 r51.3 r16.7 r72.4 28.4 23.5 27.1 49.5 29.1 

 1962 r61.3 32.7 r53.3 r17.4 r74.4 28.3 23.1 26.9 53.7 29.3 

 1963 r63.5 34.6 r54.5 r17.9 r75.7 28.2 23.1 26.8 56.5 29.5 

 1964 r64.5 37.0 r57.5 r18.2 r76.2 28.3 22.9 26.8 58.8 29.7 

 1965 r66.0 40.1 r60.7 r18.8 r77.1 28.4 22.8 26.9 63.2 30.2 

 1966 r67.1 42.9 r63.9 r19.8 r79.2 29.5 23.0 27.8 62.7 30.9 

 1967 r68.1 44.0 r64.6 r20.9 r81.1 30.7 24.3 29.0 59.1 31.7 

 1968 r70.5 46.8 r66.4 r22.5 r83.7 31.9 25.9 30.3 59.1 32.9 

 1969 r70.5 48.6 r69.0 r24.0 r84.8 34.1 28.1 32.5 53.3 34.4 

 1970 r70.8 48.1 r67.9 r25.7 r85.9 36.3 31.7 35.1 43.7 35.9 

 1971 r73.8 50.1 r67.9 r27.3 r87.4 37.0 33.1 36.0 49.8 37.2 

 1972 r75.2 53.8 r71.6 r28.8 r89.2 38.3 33.4 37.0 53.3 38.4 

 1973 r75.9 57.1 r75.2 r31.0 r90.4 40.8 35.2 39.3 54.1 40.6 

 1974 r74.3 56.1 r75.5 r33.9 r89.2 45.7 40.5 44.3 47.7 44.6 

 1975 r77.3 55.4 r71.7 r37.3 r89.7 48.2 45.9 47.6 62.2 48.9 

 1976 r79.7 59.8 r75.0 r40.3 r91.8 50.6 45.7 49.3 70.4 51.2 

 1977 r81.8 64.2 r78.4 r43.5 r93.0 53.2 47.7 51.7 76.2 53.9 

 1978 r82.8 68.3 r82.5 r47.6 r95.1 57.5 50.5 55.6 78.0 57.6 

 1979 r82.0 70.4 r85.8 r51.9 r94.9 63.3 55.1 61.1 73.1 62.2 

 1980 r81.3 69.2 r85.2 r57.2 r94.1 70.4 64.5 68.8 66.5 68.6 

 1981 r82.7 71.4 r86.4 r62.4 r93.9 75.5 73.6 75.0 81.2 75.5 

 1982 r83.1 69.9 84.1 66.5 94.4 79.9 81.3 80.3 75.1 79.8 

 1983 r86.2 73.5 r85.3 68.9 94.0 80.0 81.2 80.3 90.7 81.2 

 1984 88.4 80.3 r90.8 r71.9 r94.3 81.3 80.7 81.1 106.7 83.4 

 1985 90.5 84.0 r92.9 75.2 r95.4 83.1 82.8 83.0 101.3 84.7 

 1986 r92.4 86.1 r93.2 r78.9 r98.3 85.4 85.3 85.4 89.2 85.7 

 1987 r94.4 90.7 96.1 r81.6 r98.3 86.4 84.9 86.0 99.0 87.2 

 1988 96.5 95.7 99.1 84.9 98.7 87.9 86.1 87.4 110.6 89.5 

 1989 r95.1 97.2 r102.2 r87.0 r97.0 91.4 92.8 91.8 100.6 92.6 

 1990 r95.6 98.1 r102.5 r91.1 r96.8 95.3 97.1 95.8 96.7 95.9 

 1991 r97.8 97.4 r99.6 r95.5 r97.9 97.6 102.3 98.9 92.8 98.4 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 r100.6 103.0 r102.4 101.7 r99.3 101.2 99.7 100.8 113.9 101.9 

 1994 r102.6 109.5 106.8 r103.6 98.9 101.0 100.5 100.8 131.3 103.6 

 1995 r103.3 114.3 r110.6 r105.3 98.3 102.0 101.3 101.8 136.9 104.9 

 1996 r107.2 120.7 r112.6 r108.5 r98.6 101.2 99.9 100.9 149.9 105.3 

 1997 r109.9 128.4 r116.9 111.7 r99.4 101.7 99.8 101.2 154.4 105.9 

 1998 r113.0 135.3 r119.7 r118.1 r103.6 104.5 99.9 103.2 137.5 106.3 

 1999 r116.6 143.2 r122.8 r123.5 r106.1 106.0 101.0 104.6 129.8 106.9 

 2000 r120.8 150.7 r124.7 r132.0 r109.7 109.2 104.8 108.0 109.3 108.1 

 2001 r123.0 r149.4 r121.5 r137.3 r111.1 r111.7 r113.2 r112.1 r82.6 109.5 

 2002 r128.4 r151.6 r118.1 r141.5 r112.7 r110.2 r113.0 r111.0 r95.4 109.6 

 2003 r135.4 r157.7 r116.5 r147.3 r114.6 r108.8 r111.5 r109.5 r113.2 109.8 

 -------------------------------------------------------------------------------------------------------- 

 See footnotes following Table 6. August 10, 2004 

 r=revised Source: Bureau of Labor Statistics