Transmission of material in this release is embargoed until USDL 17-1098 

8:30 a.m. (EDT) Wednesday, August 9, 2017 

Technical information: (202) 691-5606 • Productivity@bls.gov • www.bls.gov/lpc

Media contact: (202) 691-5902 • PressOffice@bls.gov

PRODUCTIVITY AND COSTS

Second Quarter 2017, Preliminary

Nonfarm business sector labor productivity increased 0.9 percent during the second quarter of 2017, 

the U.S. Bureau of Labor Statistics reported today, as output increased 3.4 percent and hours worked 

increased 2.5 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) 

From the second quarter of 2016 to the second quarter of 2017, productivity increased 1.2 percent, 

reflecting a 2.7-percent increase in output and a 1.5-percent increase in hours worked. (See chart 1 and 

tables A1 and 2.) 

Labor productivity, or output per hour, is calculated by dividing an index of real output by an index of 

hours worked by all persons, including employees, proprietors, and unpaid family workers. 

Unit labor costs in the nonfarm business sector increased 0.6 percent in the second quarter of 2017, 

reflecting a 1.6-percent increase in hourly compensation and a 0.9-percent increase in productivity. Unit 

labor costs decreased 0.2 percent over the last four quarters. (See chart 2 and tables A1 and 2.) 

Historical Revisions to Productivity and Costs Data 

Data in this release reflect revisions to the National Income and Product Accounts (NIPA) released by 

the Bureau of Economic Analysis of the U.S. Department of Commerce on July 28, 2017. See “Revised 

measures” section (page 2).

Chart 1. Labor productivity, nonfarm business, 2013Q1 – 2017Q2

-10.0

-8.0

-6.0

-4.0

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

12.0

2013 2014 2015 2016 2017

From previous quarter, annual rate

From same quarter a year ago

Percent change Percent change

Chart 2. Unit labor costs, nonfarm business, 2013Q1 – 2017Q2

-10.0

-8.0

-6.0

-4.0

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

12.0

2013 2014 2015 2016 2017

From previous quarter, annual rate

From same quarter a year ago
-2- 

BLS calculates unit labor costs as the ratio of hourly compensation to labor productivity. Increases in 

hourly compensation tend to increase unit labor costs, and increases in output per hour tend to reduce 

them.

Manufacturing sector labor productivity increased 2.5 percent in the second quarter of 2017, as 

output increased 1.6 percent and hours worked decreased 0.9 percent. Output per hour increased 3.8

percent in the durable goods manufacturing sector and edged down 0.1 percent in the nondurable goods 

sector. Over the last four quarters, manufacturing sector productivity increased 1.0 percent, as output 

increased 1.5 percent and hours worked increased 0.4 percent. (See tables A1, 3, 4 and 5.) Unit labor 

costs in manufacturing decreased 0.3 percent in the second quarter of 2017 and rose 0.1 percent from the 

same quarter a year ago. 

The concepts, sources, and methods used for the manufacturing output series differ from those used in 

the business and nonfarm business output series; these output measures are not directly comparable. See 

the Technical Notes for a more detailed explanation. (See page 7.) 

Revised measures 

Measures of output for the business, nonfarm business, and nonfinancial corporate sectors, and measures 

of compensation for all sectors incorporate revised National Income and Product Accounts (NIPA) data 

for first-quarter 2014 through first-quarter 2017 released on July 28 by the Bureau of Economic 

Analysis, U.S. Department of Commerce. Measures of output for the manufacturing sectors incorporate 

regular updates of source data for the first quarter of 2017 and the fourth quarter of 2016. Hours and 

related measures were revised back to 2012 for the business and nonfarm business sectors due to revised 

NIPA data on government enterprises employment and on the proportion of sector compensation paid to 

employees of nonprofit institutions. Hours and related measures were revised back to 2007 for the 

nonfinancial corporate sector due to the incorporation of 2012 Economic Census data on employment 

and revised NIPA data on the proportion of sector compensation paid to employees of corporations. 

Table B1 presents revised and previous labor productivity and related measures for the nonfarm 

business, business, and manufacturing sectors for the first quarter of 2017, and table C1 presents annual 

data for the nonfarm business, total manufacturing, and nonfinancial corporate sectors from 2014 to 

2016. Revised quarterly and annual series for all sectors in recent years appear in tables 1-6 and 

appendix tables 1-6. Indexes of all hours-related measures in the nonfinancial corporate sector show 

historical revisions because hours in the base year of 2009 were revised; resulting revisions to percent 

changes are small. Complete annual and quarterly data series can be found on the Productivity and Costs 

home page: www.bls.gov/lpc/#data. 

Nonfarm business sector productivity increased 0.1 percent in the first quarter of 2017—similar to 

the previously reported estimate (0.0 percent)—the combined effect of a small upward revision to 

output and a small downward revision to hours. (See table B1.) A large upward revision to first-quarter 

unit labor costs—from an increase of 2.2 percent to an increase of 5.4 percent—reflected a 3.3-

percentage point upward revision to hourly compensation and a 0.1-pecentage point upward revision to 

productivity. Real hourly compensation increased 2.3 percent after revision, rather than the 

previously published decrease of 0.9 percent. 
-3- 

Historical revisions to quarterly labor productivity in the nonfarm business sector are presented in 

Charts 3 and 4. Chart 3 shows the revised and previous estimates of percent changes from previous 

quarter for the first quarter of 2013 through the first quarter of 2017. The noteworthy revisions to 

productivity begin in 2014 and mirror the NIPA revisions to output. The period from the first quarter 

of 2014 through the second quarter of 2015 was characterized by mostly upward revisions (with the 

largest being a 1.5-percentage point upward revision in the first quarter of 2015), while third-quarter 

2015 through first-quarter 2017 saw mainly downward revisions. 

 

Chart 4 shows the previous and revised percent changes from the same quarter a year ago in nonfarm 

business labor productivity. After revision, the four-quarter rate of productivity growth was higher than 

previously reported in every quarter of 2014 and 2015, and was lower than previously reported in each 

quarter of 2016. 

 

Chart 3. Labor productivity, revised and previous percent change from previous quarter, nonfarm business, all persons, 

2013Q1 – 2017Q1

-5.0

-4.0

-3.0

-2.0

-1.0

0.0

1.0

2.0

3.0

4.0

5.0

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Previous Revised

2013 2014 2015 2016 2017

Percent change from previous quarter, annual rate

Chart 4. Labor productivity, revised and previous percent changes from same quarter a year ago, nonfarm business, 

all persons, 2013Q1 – 2017Q1

-5.0

-4.0

-3.0

-2.0

-1.0

0.0

1.0

2.0

3.0

4.0

5.0

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Previous Revised

2013 2014 2015 2016 2017

Percent change from same quarter a year ago
-4- 

Annual Average productivity growth in the nonfarm business sector in 2016 was revised down to a 

decrease of 0.1 percent. (See table C1.) As revised, the decrease in productivity in 2016 is the first 

annual decrease since a 1.0-percent decrease in 1982. In 2015 and 2014, annual productivity growth 

was revised up to increases of 1.3 percent and 1.0 percent, respectively. The average annual rate of 

productivity growth from 2012 to 2016—the period affected by the revisions—was unrevised at 0.6 

percent per year. Unit labor costs increased 1.0 percent in the nonfarm business sector in 2016, rather 

than increasing 2.2 percent, as a 1.6-percentage point downward revision to hourly compensation was 

partially offset by a 0.3-percentage point downward revision to productivity. As revised, hourly 

compensation increased 0.9 percent in the nonfarm business sector, the smallest increase in the series 

which begins in 1947. Real hourly compensation declined 0.4 percent in 2016 rather than increasing 

1.2 percent. There were small upward revisions to hourly compensation and real hourly 

compensation in 2014 and 2015. 

Manufacturing sector productivity increased 0.3 percent in the first quarter of 2017—slightly less

than previously reported. Productivity decreased 0.9 percent in the durable goods sector and increased 

2.6 percent in the nondurable goods sector. (See table B1.) Unit labor costs increased 3.9 percent in the 

manufacturing sector rather than increasing 2.4 percent as reported June 5, reflecting both a small

downward revision to productivity and a 1.3-percentage point upward revision to hourly compensation. 

Real hourly compensation increased 1.0 percent, as revised.

Annual average manufacturing productivity grew 0.2 percent in 2016, unrevised from the previously 

reported estimate. Productivity was unrevised in the manufacturing sector in 2015 and 2014. Unit labor 

costs was revised down to an increase of 0.6 percent in 2016, reflecting a 1.9-percentage point 

downward revision to hourly compensation. After revision, manufacturing real hourly compensation 

declined 0.5 percent in 2016 rather than increasing 1.3 percent. (See tables C1, 3, 4, and 5.) 

Nonfinancial corporate sector productivity growth was revised up in the first quarter of 2017, to an 

increase of 2.0 percent, rather than the previously published decrease of 1.5 percent; this revision was 

due solely to a 3.5-percentage point upward revision to output; hours were unrevised. (See table A2.) 

Annual average productivity in the nonfinancial corporate sector decreased 0.1 percent in 2016, a 

downward revision from the previously reported 0.4-percent increase. This measure was revised up 0.6 

percentage point in 2015 to an increase of 1.4 percent, and was revised up 1.0 percentage point in 2014 

to an increase of 1.3 percent. (See tables C1 and 6.) 

______________ 

Methodology change for manufacturing output

Beginning with the Productivity and Costs news release scheduled for December 6, 2017, BLS plans 

to incorporate source data reflecting a change in methodology for estimating manufacturing output. 

For more information see: www.bls.gov/mfp/sectoraloutputrevisions.htm.

The revised Productivity and Costs news release for second-quarter 2017 is scheduled to be 

released on Thursday, September 7, 2017 at 8:30 a.m. (EDT).
-5- 

Table A1. Labor productivity growth and related measures - preliminary second-quarter 2017

(percent change from previous quarter at annual rate and from same quarter a year ago)

Sector Percent change from:

Labor 

productivity Output

Hours 

worked

Hourly 

compensation

Real hourly 

compensation

Unit labor 

costs

Nonfarm business Previous quarter 0.9 3.4 2.5 1.6 1.9 0.6

A year ago 1.2 2.7 1.5 1.0 -0.9 -0.2

Business Previous quarter 0.6 3.1 2.4 1.6 1.9 0.9

A year ago 1.1 2.5 1.3 1.1 -0.8 0.0

Manufacturing Previous quarter 2.5 1.6 -0.9 2.2 2.5 -0.3

A year ago 1.0 1.5 0.4 1.1 -0.8 0.1

Durable 

manufacturing

Previous quarter 3.8 0.9 -2.7 3.0 3.3 -0.8

A year ago 1.3 1.7 0.3 0.8 -1.1 -0.5

Nondurable 

manufacturing

Previous quarter -0.1 2.3 2.4 1.1 1.4 1.2

A year ago 0.6 1.3 0.7 1.7 -0.2 1.1

Table A2. Labor productivity growth and related measures - revised and previously published first-quarter 2017

(percent change from previous quarter at annual rate)

Sector

Labor 

productivity Output

Hours 

worked

Hourly 

compensation

Real hourly 

compensation

Unit labor 

costs

Nonfinancial 

corporate

Revised 2.0 4.0 2.0 4.2 1.0 2.2

Previously published -1.5 0.5 2.0 1.9 -1.2 3.4

Table B1. Labor productivity growth and related measures - revised and previously published first-quarter 2017

(percent change from previous quarter at annual rate)

Sector

Labor 

productivity Output

Hours 

worked

Hourly 

compensation

Real hourly 

compensation

Unit labor 

costs

Nonfarm business Revised 0.1 1.8 1.6 5.5 2.3 5.4

Previously published 0.0 1.7 1.7 2.2 -0.9 2.2

Business Revised -0.8 1.4 2.1 4.9 1.7 5.7

Previously published -1.0 1.1 2.2 1.6 -1.5 2.7

Manufacturing Revised 0.3 2.4 2.1 4.2 1.0 3.9

Previously published 0.5 2.6 2.1 2.9 -0.3 2.4

Durable 

manufacturing

Revised -0.9 2.7 3.6 2.3 -0.9 3.2

Previously published -0.7 2.9 3.6 1.7 -1.4 2.4

Nondurable 

manufacturing

Revised 2.6 2.1 -0.5 7.8 4.5 5.1

Previously published 2.7 2.3 -0.4 4.9 1.7 2.1
-6- 

Table C1. Labor productivity growth and related measures - revised and previous annual average changes: 2014-2016

Sector Year

Labor 

productivity Output

Hours 

worked

Hourly 

compensation

Real hourly 

compensation

Unit labor 

costs

Nonfarm 

business

2016 Revised -0.1 1.5 1.6 0.9 -0.4 1.0

Previously 

published

0.2 1.7 1.5 2.5 1.2 2.2

2015 Revised 1.3 3.4 2.1 3.2 3.0 1.9

Previously 

published

0.9 3.1 2.1 3.0 2.8 2.0

2014 Revised 1.0 3.3 2.2 2.9 1.2 1.8

Previously 

published

0.8 3.0 2.2 2.8 1.1 2.0

Manufacturing 2016 Revised 0.2 0.2 0.0 0.7 -0.5 0.6

Previously 

published

0.2 0.2 0.0 2.6 1.3 2.4

2015 Revised -0.6 0.3 1.0 2.5 2.4 3.1

Previously 

published

-0.6 0.3 1.0 2.4 2.3 3.0

2014 Revised 0.1 1.7 1.5 2.8 1.2 2.7

Previously 

published

0.1 1.7 1.5 2.8 1.1 2.7

Nonfinancial 

corporate

2016 Revised -0.1 1.4 1.5 1.1 -0.2 1.2

Previously 

published

0.4 1.9 1.5 1.9 0.6 1.5

2015 Revised 1.4 3.6 2.2 3.0 2.9 1.6

Previously 

published

0.8 3.0 2.2 2.9 2.8 2.2

2014 Revised 1.3 4.0 2.7 2.6 0.9 1.3

Previously 

published

0.3 3.0 2.7 2.5 0.8 2.2
-7- 

TECHNICAL NOTES

Labor Hours 

Hours data for the labor productivity and cost measures include hours worked for all persons working in 

the sector—wage and salary workers, the self-employed and unpaid family workers. The primary source 

of hours and employment 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, counting a person who is employed by two or more establishments at each place of 

employment. The CES also provides average weekly paid hours of production and nonsupervisory 

workers in these establishments. Weekly paid hours are adjusted to hours worked using data from the 

National Compensation Survey (NCS) for 1996 forward and data from the BLS Hours at Work survey, 

conducted for this purpose, prior to 1990. Between 1990 and 1995, weekly paid hours are adjusted to 

hours at work using a combination of NCS and Hours at Work survey data. 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 to estimate hours worked for farm labor, nonfarm proprietors, and nonfarm 

unpaid family workers. Using CPS information on employment and hours worked at primary jobs and 

all other jobs, separately, the BLS productivity measures assign all hours worked to the appropriate 

industrial sector. Hours 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 a chain-type, current-weighted index constructed after excluding from gross 

domestic product (GDP) the following outputs: general government, nonprofit institutions, and private 

households (including owner-occupied housing). Corresponding exclusions also are made in labor hours. 

Business output accounted for about 75 percent of the value of GDP in 2016. Nonfarm business, which 

excludes farming, also accounted for about 75 percent of GDP in 2016. 

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 BLS. 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 indexes 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. 

Nonfinancial corporate output is a chain-type, current-weighted 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 50 percent 

of the value of GDP in 2016. 

Labor Productivity

The measure describes the relationship between real output and the labor time involved in its production. 

Measures of labor productivity growth show the changes from period to period in the amount of goods 

and services produced per hour worked. 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. 
-8- 

Labor Compensation 

The measure includes accrued wages and salaries, supplements, employer contributions to employee 

benefit plans, and taxes. Estimates of labor compensation by major sector, required for measures of 

hourly compensation and unit labor costs, are based primarily on employee compensation data from the 

NIPA, prepared by the BEA. The compensation of employees in general government, nonprofit 

institutions and private households are subtracted from compensation of employees in domestic 

industries to derive employee compensation for the business sector. The labor compensation of 

proprietors cannot be explicitly identified and must be estimated. This is done by assuming that 

proprietors have the same hourly compensation as employees in the same sector. The quarterly labor 

productivity and cost measures do not contain estimates of compensation for unpaid family workers. 

Unit Labor Costs 

These measures describe the relationship between compensation per hour and labor productivity, or real 

output per hour, and can be used as an indicator of inflationary pressure on producers. Increases in 

hourly compensation increase unit labor costs; labor productivity increases offset compensation 

increases and lower unit labor costs. 

Presentation of the data

The quarterly data in this release are presented in three ways: as percent changes from the previous 

quarter presented at a compound annual rate, as percent changes from the corresponding quarter of the 

previous year, and as index number series where 2009=100. Annual data are presented both as index 

number series and percent changes from the previous year. 

The index numbers and rates of change reported in the productivity and costs news release are rounded 

to one decimal place. All percent changes in this release and on the BLS web site are calculated using 

index numbers to three decimal places. A complete historical series of these index numbers are available 

at the BLS web site, www.bls.gov/data/home.htm, or by contacting the BLS Division of Major Sector 

Productivity (Telephone 202-691-5606 or email productivity@bls.gov). 

For a more detailed explanation of methodology see "Technical Information About the Major Sector 

Productivity and Costs Methods" at www.bls.gov/lpc/lpcmethods.pdf. 

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: Labor productivity, hourly compensation, unit labor costs, and prices,

seasonally adjusted.

 Real

 Hourly hourly Unit Implicit

Year Labor compen- compen- Unit nonlabor price

and produc- Hours sation sation labor payments deflator

quarter tivity Output worked (1) (2) costs (3) (4)

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

 Percent change from previous quarter at annual rate (5)

2017 II 0.6 3.1 2.4 1.6 1.9 0.9 0.2 0.6 

 I -0.8 r 1.4 r 2.1 r 4.9 r 1.7 r 5.7 r -3.7 r 1.5 r

2016 ANNUAL 0.0 r 1.6 r 1.6 r 0.9 r -0.4 r 0.9 r 1.2 r 1.0 

2016 IV 2.0 r 2.2 r 0.2 -4.2 r -7.1 r -6.1 r 14.1 r 2.2 r

 III 2.7 r 3.3 r 0.6 2.6 r 0.8 r -0.1 r 2.8 r 1.1 r

 II 0.6 r 2.6 r 2.0 4.9 r 2.5 r 4.2 r -0.7 r 2.1 

 I -1.1 r 0.4 r 1.5 -4.4 r -4.5 r -3.4 r 6.0 r 0.5 r

2015 ANNUAL 1.2 r 3.5 r 2.3 3.0 r 2.8 r 1.8 r -0.8 r 0.6 r

2015 IV -2.7 r 0.2 r 3.0 4.3 r 3.9 r 7.2 r -9.3 r -0.2 r

 III 1.6 r 1.6 r 0.0 r 1.1 r -0.4 r -0.5 r 3.3 r 1.1 r

 II 1.6 r 3.3 r 1.7 3.7 r 1.3 r 2.1 r 1.8 r 2.0 r

 I 2.4 r 4.0 r 1.5 3.2 r 5.9 r 0.8 r -2.7 r -0.7 r

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

 Percent change from corresponding quarter of previous year

2017 II 1.1 2.5 1.3 1.1 -0.8 0.0 3.2 1.4 

 I 1.1 r 2.4 1.2 2.0 r -0.6 r 0.8 r 2.9 r 1.7 

2016 ANNUAL 0.0 r 1.6 r 1.6 r 0.9 r -0.4 r 0.9 r 1.2 r 1.0 

2016 IV 1.0 r 2.1 r 1.1 -0.4 r -2.1 r -1.4 r 5.4 r 1.5 r

 III -0.1 r 1.6 r 1.8 1.8 r 0.6 r 1.9 r -0.4 r 0.9 

 II -0.4 r 1.2 r 1.6 1.4 r 0.3 r 1.8 r -0.3 r 0.9 

 I -0.2 r 1.4 r 1.5 1.1 r 0.0 r 1.3 r 0.3 r 0.8 r

2015 ANNUAL 1.2 r 3.5 r 2.3 3.0 r 2.8 r 1.8 r -0.8 r 0.6 r

2015 IV 0.7 r 2.3 r 1.6 r 3.1 r 2.6 r 2.4 r -1.9 0.5 r

 III 0.9 r 2.8 r 1.9 3.2 3.1 2.3 r -1.6 r 0.6 

 II 1.4 r 4.1 r 2.7 r 3.5 r 3.5 r 2.1 r -1.1 r 0.7 

 I 1.6 r 4.8 r 3.1 1.9 r 2.0 r 0.3 r 1.5 r 0.8 

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

 Indexes 2009=100

2017 II 107.7 122.8 114.0 117.1 103.0 108.8 115.8 111.7 

 I 107.5 r 121.8 r 113.3 r 116.7 r 102.5 r 108.5 r 115.8 r 111.6 r

2016 ANNUAL 106.9 r 120.3 r 112.5 r 115.5 r 103.3 r 108.1 r 113.7 r 110.4 r

2016 IV 107.7 r 121.4 r 112.7 r 115.3 r 102.1 r 107.1 r 116.9 r 111.2 r

 III 107.2 r 120.8 r 112.7 r 116.6 r 104.0 r 108.7 r 113.1 r 110.5 r

 II 106.5 r 119.8 r 112.5 r 115.8 r 103.8 r 108.8 r 112.3 r 110.2 r

 I 106.3 r 119.0 r 112.0 r 114.4 r 103.2 r 107.7 r 112.5 r 109.7 r

2015 ANNUAL 106.9 r 118.4 r 110.7 r 114.5 r 103.6 r 107.1 r 112.3 r 109.3 r

2015 IV 106.6 r 118.9 r 111.5 r 115.7 r 104.3 r 108.6 r 110.8 r 109.5 r

 III 107.3 r 118.8 r 110.7 r 114.5 r 103.4 r 106.7 r 113.6 r 109.6 r

 II 106.9 r 118.4 r 110.7 r 114.2 r 103.5 r 106.8 r 112.6 r 109.3 r

 I 106.5 r 117.4 r 110.3 r 113.2 r 103.1 r 106.3 r 112.2 r 108.7 

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics
-10- 

Table 2. Nonfarm business sector: Labor productivity, hourly compensation, unit labor costs, and

prices, seasonally adjusted.

 Real

 Hourly hourly Unit Implicit

Year Labor compen- compen- Unit nonlabor price

and produc- Hours sation sation labor payments deflator

quarter tivity Output worked (1) (2) costs (3) (4)

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

 Percent change from previous quarter at annual rate (5)

2017 II 0.9 3.4 2.5 1.6 1.9 0.6 0.5 0.6 

 I 0.1 r 1.8 r 1.6 r 5.5 r 2.3 r 5.4 r -4.6 r 0.9 r

2016 ANNUAL -0.1 r 1.5 r 1.6 r 0.9 r -0.4 r 1.0 r 1.6 r 1.2 

2016 IV 1.3 r 2.2 r 1.0 -5.1 r -7.9 r -6.3 r 14.8 r 2.3 r

 III 2.5 r 3.3 r 0.8 2.3 r 0.5 r -0.2 r 3.5 r 1.3 r

 II 0.8 r 2.5 r 1.7 5.3 r 2.9 r 4.4 r -0.7 r 2.2 r

 I -1.2 r 0.2 r 1.4 -4.4 r -4.5 r -3.2 r 6.7 r 0.9 r

2015 ANNUAL 1.3 r 3.4 r 2.1 3.2 r 3.0 r 1.9 r -0.4 0.9 r

2015 IV -2.6 r 0.3 r 2.9 4.5 r 4.1 r 7.2 r -8.8 r 0.1 r

 III 1.3 r 1.3 r 0.0 1.0 r -0.5 r -0.3 r 3.1 r 1.2 r

 II 1.3 r 3.3 r 2.0 3.4 r 1.1 r 2.1 r 1.7 r 1.9 r

 I 2.7 r 4.0 r 1.2 3.6 r 6.3 r 0.9 r -1.2 r 0.0 r

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

 Percent change from corresponding quarter of previous year

2017 II 1.2 2.7 1.5 1.0 -0.9 -0.2 3.3 1.3 

 I 1.2 2.5 1.3 1.9 r -0.7 r 0.7 r 3.0 r 1.7 

2016 ANNUAL -0.1 r 1.5 r 1.6 r 0.9 r -0.4 r 1.0 r 1.6 r 1.2 

2016 IV 0.8 r 2.1 r 1.2 -0.6 r -2.3 r -1.4 r 5.9 r 1.7 r

 III -0.1 r 1.6 r 1.7 1.8 r 0.7 r 2.0 r 0.0 r 1.1 

 II -0.4 r 1.1 r 1.5 1.5 r 0.4 r 2.0 r -0.1 r 1.1 

 I -0.3 r 1.3 r 1.6 1.1 r 0.0 r 1.4 r 0.5 r 1.0 

2015 ANNUAL 1.3 r 3.4 r 2.1 3.2 r 3.0 r 1.9 r -0.4 0.9 r

2015 IV 0.7 r 2.2 r 1.5 3.1 r 2.7 r 2.4 r -1.4 0.8 r

 III 0.8 r 2.7 r 1.9 r 3.3 r 3.2 r 2.4 r -1.3 r 0.8 

 II 1.6 r 4.1 r 2.5 r 3.8 r 3.8 r 2.2 r -0.5 r 1.0 

 I 1.9 r 4.7 r 2.8 2.3 r 2.4 r 0.4 r 1.9 r 1.1 r

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

 Indexes 2009=100

2017 II 107.9 123.0 114.0 117.4 103.2 108.8 115.8 111.7 

 I 107.7 r 122.0 r 113.3 r 116.9 r 102.8 r 108.6 r 115.6 r 111.5 r

2016 ANNUAL 107.0 r 120.2 r 112.4 r 115.8 r 103.5 r 108.2 r 113.6 r 110.5 r

2016 IV 107.6 r 121.4 r 112.8 r 115.4 r 102.2 r 107.2 r 117.0 r 111.3 r

 III 107.3 r 120.8 r 112.5 r 116.9 r 104.3 r 108.9 r 113.1 r 110.7 r

 II 106.6 r 119.8 r 112.3 r 116.2 r 104.2 r 109.0 r 112.1 r 110.3 r

 I 106.4 r 119.0 r 111.9 r 114.7 r 103.4 r 107.8 r 112.3 r 109.7 r

2015 ANNUAL 107.1 r 118.5 r 110.7 r 114.8 r 103.9 r 107.2 r 111.8 r 109.1 r

2015 IV 106.7 r 119.0 r 111.5 r 116.0 r 104.6 r 108.7 r 110.5 r 109.5 r

 III 107.4 r 118.9 r 110.7 r 114.8 r 103.6 r 106.8 r 113.1 r 109.4 r

 II 107.1 r 118.5 r 110.7 r 114.5 r 103.7 r 106.9 r 112.2 r 109.1 r

 I 106.7 r 117.6 r 110.1 r 113.5 r 103.4 r 106.4 r 111.7 r 108.6 r

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics
-11- 

Table 3. Manufacturing sector: Labor productivity, hourly compensation, and unit labor costs,

seasonally adjusted.

 Real

Year Labor Hourly hourly Unit

and produc- Hours compensa- compensa- labor

quarter tivity Output worked tion (1) tion (2) costs

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

 Percent change from previous quarter at annual rate (5)

2017 II 2.5 1.6 -0.9 2.2 2.5 -0.3 

 I 0.3 r 2.4 r 2.1 4.2 r 1.0 r 3.9 r

2016 ANNUAL 0.2 0.2 0.0 0.7 r -0.5 r 0.6 r

2016 IV 2.0 1.8 -0.2 -4.2 r -7.1 r -6.1 r

 III -0.5 0.2 0.7 2.6 r 0.8 r 3.1 r

 II -0.8 -0.9 -0.1 7.1 r 4.7 r 8.0 r

 I 1.3 1.0 -0.3 -10.1 r -10.2 r -11.3 r

2015 ANNUAL -0.6 0.3 1.0 2.5 r 2.4 r 3.1 r

2015 IV -1.6 -0.6 1.0 9.1 r 8.7 r 10.9 r

 III 2.3 1.1 -1.2 1.8 r 0.3 r -0.5 r

 II -0.4 -0.3 0.0 3.5 r 1.1 r 3.9 r

 I -1.9 -2.3 -0.4 0.0 r 2.6 r 1.9 r

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

 Percent change from corresponding quarter of previous year

2017 II 1.0 1.5 0.4 1.1 -0.8 0.1 

 I 0.2 r 0.9 0.6 2.3 r -0.2 r 2.1 r

2016 ANNUAL 0.2 0.2 0.0 0.7 r -0.5 r 0.6 r

2016 IV 0.5 0.5 0.0 -1.4 r -3.1 r -1.9 r

 III -0.4 -0.1 0.3 1.9 r 0.7 r 2.3 r

 II 0.3 0.1 -0.2 1.7 r 0.6 r 1.4 r

 I 0.4 0.3 -0.1 0.8 r -0.3 r 0.4 r

2015 ANNUAL -0.6 0.3 1.0 2.5 r 2.4 r 3.1 r

2015 IV -0.4 -0.5 -0.2 3.5 r 3.1 r 3.9 r

 III -0.5 0.1 0.6 2.6 2.4 r 3.1 r

 II -1.0 0.2 1.3 2.7 r 2.7 r 3.8 r

 I -0.6 1.6 2.2 1.0 r 1.1 r 1.7 r

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

 Indexes 2009=100

2017 II 119.9 129.7 108.2 113.2 99.5 94.4 

 I 119.1 r 129.2 r 108.5 r 112.6 r 98.9 r 94.5 r

2016 ANNUAL 118.7 128.1 107.8 111.5 r 99.7 r 93.9 r

2016 IV 119.0 r 128.4 r 107.9 111.4 r 98.7 r 93.6 r

 III 118.5 127.9 107.9 112.6 r 100.5 r 95.1 r

 II 118.6 127.8 107.8 111.9 r 100.3 r 94.4 r

 I 118.9 128.1 107.8 110.0 r 99.2 r 92.6 r

2015 ANNUAL 118.5 127.8 107.8 110.7 r 100.2 r 93.4 r

2015 IV 118.5 127.8 107.9 113.0 r 101.9 r 95.4 r

 III 118.9 128.0 107.6 110.6 r 99.8 r 92.9 r

 II 118.3 127.6 107.9 110.1 r 99.7 r 93.1 r

 I 118.4 127.7 107.9 109.1 r 99.4 r 92.2 r

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics
-12- 

Table 4. Durable manufacturing sector: Labor productivity, hourly compensation, and unit labor

costs, seasonally adjusted.

 Real

Year Labor Hourly hourly Unit

and produc- Hours compensa- compensa- labor

quarter tivity Output worked tion (1) tion (2) costs

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

 Percent change from previous quarter at annual rate (5)

2017 II 3.8 0.9 -2.7 3.0 3.3 -0.8 

 I -0.9 r 2.7 r 3.6 2.3 r -0.9 r 3.2 r

2016 ANNUAL 0.1 -0.2 -0.3 1.0 r -0.3 r 0.9 r

2016 IV 1.8 2.0 0.2 -4.3 r -7.1 r -6.0 r

 III 0.7 1.0 0.3 2.5 r 0.7 r 1.7 r

 II 1.9 0.2 -1.6 9.5 r 7.0 r 7.5 r

 I -0.6 0.1 0.7 -11.4 r -11.5 r -10.9 r

2015 ANNUAL -1.3 -0.8 0.6 3.0 r 2.9 r 4.4 r

2015 IV -3.1 -2.5 0.7 10.8 r 10.4 r 14.4 r

 III 2.6 0.5 -2.0 1.4 r -0.2 r -1.2 r

 II -0.8 -1.3 -0.5 2.8 r 0.5 r 3.6 r

 I -3.9 -4.9 -1.1 2.0 r 4.6 r 6.1 r

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

 Percent change from corresponding quarter of previous year

2017 II 1.3 1.7 0.3 0.8 -1.1 -0.5 

 I 0.9 1.5 0.6 2.4 r -0.2 r 1.5 r

2016 ANNUAL 0.1 -0.2 -0.3 1.0 r -0.3 r 0.9 r

2016 IV 1.0 0.8 -0.1 -1.2 r -3.0 r -2.2 r

 III -0.3 -0.3 0.0 2.4 r 1.3 r 2.8 r

 II 0.2 -0.4 -0.6 2.2 r 1.1 r 2.0 r

 I -0.5 -0.8 -0.3 0.6 r -0.5 r 1.1 r

2015 ANNUAL -1.3 -0.8 0.6 3.0 r 2.9 r 4.4 r

2015 IV -1.3 -2.0 -0.7 4.2 r 3.7 r 5.6 r

 III -0.9 -1.2 -0.3 3.0 2.9 4.0 

 II -1.7 -0.8 0.9 3.3 r 3.3 r 5.1 r

 I -1.3 1.1 2.4 1.6 r 1.7 r 2.9 r

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

 Indexes 2009=100

2017 II 121.0 133.8 110.6 112.4 98.8 92.9 

 I 119.9 r 133.5 r 111.4 111.6 r 98.0 r 93.1 r

2016 ANNUAL 119.5 r 131.9 r 110.4 110.9 r 99.1 r 92.8 r

2016 IV 120.1 r 132.6 r 110.4 111.0 r 98.3 r 92.4 r

 III 119.6 131.9 110.3 112.2 r 100.1 r 93.8 r

 II 119.4 131.6 110.2 111.5 r 99.9 r 93.4 r

 I 118.8 131.5 110.7 109.0 r 98.2 r 91.7 r

2015 ANNUAL 119.4 132.1 110.7 109.8 r 99.4 r 92.0 r

2015 IV 119.0 131.5 110.5 112.3 r 101.3 r 94.4 r

 III 119.9 132.3 110.3 109.5 r 98.8 r 91.3 r

 II 119.2 132.2 110.9 109.1 r 98.9 r 91.6 r

 I 119.4 132.6 111.0 108.4 r 98.7 r 90.7 r

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics
-13- 

Table 5. Nondurable manufacturing sector: Labor productivity, hourly compensation, and unit labor

costs, seasonally adjusted.

 Real

Year Labor Hourly hourly Unit

and produc- Hours compensa- compensa- labor

quarter tivity Output worked tion (1) tion (2) costs

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

 Percent change from previous quarter at annual rate (5)

2017 II -0.1 2.3 2.4 1.1 1.4 1.2 

 I 2.6 r 2.1 r -0.5 r 7.8 r 4.5 r 5.1 r

2016 ANNUAL 0.2 0.6 0.5 0.4 r -0.9 r 0.2 r

2016 IV 2.3 1.5 -0.8 -4.3 r -7.2 r -6.5 r

 III -2.2 -0.8 1.5 2.8 r 1.0 r 5.2 r

 II -4.5 -2.2 2.5 3.0 r 0.7 r 7.9 r

 I 4.0 2.1 -1.8 -7.7 r -7.8 r -11.3 r

2015 ANNUAL -0.1 1.6 1.7 1.5 1.4 1.6 

2015 IV 0.0 1.5 1.4 6.1 r 5.7 r 6.0 r

 III 1.6 1.8 0.2 2.8 r 1.2 r 1.2 r

 II -0.2 0.7 1.0 4.8 r 2.4 r 5.0 r

 I 0.2 0.9 0.7 -3.5 r -1.0 r -3.7 r

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

 Percent change from corresponding quarter of previous year

2017 II 0.6 1.3 0.7 1.7 -0.2 1.1 

 I -0.5 0.1 r 0.7 2.2 r -0.3 r 2.8 r

2016 ANNUAL 0.2 0.6 0.5 0.4 r -0.9 r 0.2 r

2016 IV -0.2 0.2 r 0.3 -1.7 r -3.4 r -1.5 r

 III -0.7 0.1 0.9 0.9 r -0.2 r 1.6 r

 II 0.2 0.8 0.6 0.9 r -0.2 r 0.7 r

 I 1.3 1.5 0.2 1.3 r 0.2 r 0.0 r

2015 ANNUAL -0.1 1.6 1.7 1.5 1.4 1.6 

2015 IV 0.4 1.2 0.8 2.5 r 2.0 r 2.1 r

 III -0.6 1.6 2.2 1.9 r 1.8 r 2.5 r

 II -0.4 1.5 1.9 1.7 r 1.7 r 2.1 r

 I 0.3 2.1 1.9 -0.2 r -0.1 r -0.4 r

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

 Indexes 2009=100

2017 II 113.3 118.4 104.4 114.2 100.4 100.7 

 I 113.4 r 117.7 r 103.8 r 113.9 r 100.1 r 100.5 r

2016 ANNUAL 112.8 r 117.0 r 103.7 112.1 r 100.2 r 99.4 r

2016 IV 112.7 r 117.1 r 103.9 111.8 r 99.0 r 99.2 r

 III 112.0 116.6 104.1 113.0 r 100.8 r 100.9 r

 II 112.6 116.9 103.8 112.2 r 100.6 r 99.6 r

 I 114.0 117.5 103.1 111.4 r 100.4 r 97.7 r

2015 ANNUAL 112.6 116.3 103.2 111.7 r 101.1 r 99.2 r

2015 IV 112.8 116.9 103.6 113.6 r 102.5 r 100.7 r

 III 112.8 116.5 103.2 112.0 r 101.1 r 99.2 r

 II 112.4 116.0 103.2 111.2 r 100.8 r 99.0 r

 I 112.5 115.8 102.9 109.9 r 100.2 r 97.7 r

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics
-14- 

Table 6. Nonfinancial corporate sector: Labor productivity, hourly compensation, unit labor costs,

unit profits, and prices, seasonally adjusted.

 Real

 Hourly hourly Unit Total Implicit

Year Labor compen- compen- Unit nonlabor unit Unit price

and produc- Hours sation sation labor costs costs profits deflator

quarter tivity Output worked (1) (2) costs (6) (7) (8) (4)

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

 Percent change from previous quarter at annual rate (5)

2017 I 2.0 r 4.0 r 2.0 4.2 r 1.0 r 2.2 r -0.9 r 1.2 r -2.6 r 0.7 r

2016 ANNUAL -0.1 r 1.4 r 1.5 1.1 r -0.2 r 1.2 r -0.5 r 0.7 r -5.3 r -0.2 r

2016 IV -4.5 r -3.9 r 0.6 -3.6 r -6.5 r 0.9 r 9.2 r 3.5 r -2.8 r 2.7 r

 III 5.9 r 7.4 r 1.5 1.9 r 0.1 r -3.7 r -4.5 r -4.0 r 7.3 r -2.6 r

 II -2.0 r -0.6 r 1.4 3.7 r 1.4 r 5.9 r 1.7 r 4.5 r -28.8 r -0.8 r

 I 0.5 r 1.1 r 0.6 -1.8 r -1.9 r -2.3 r -13.0 r -5.9 r 47.7 r 0.0 r

2015 ANNUAL 1.4 r 3.6 r 2.2 3.0 r 2.9 r 1.6 r 0.4 r 1.2 r -5.1 r 0.3 r

2015 IV -1.4 1.5 r 3.0 3.4 r 3.0 r 4.9 r 13.8 r 7.7 r -41.5 r -0.9 r

 III 0.7 r 2.5 r 1.8 0.5 r -1.0 r -0.2 r -0.1 r -0.2 r 5.3 r 0.6 r

 II -2.0 r -0.9 r 1.1 2.7 r 0.4 r 4.8 r 4.0 r 4.5 r -1.3 r 3.7 r

 I 3.3 r 4.6 r 1.3 7.1 r 9.9 r 3.7 r -2.2 r 1.8 -23.7 r -2.5 r

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

 Percent change from corresponding quarter of previous year

2017 I 0.3 r 1.6 r 1.4 1.5 r -1.0 r 1.3 r 1.2 1.3 r -7.8 r 0.0 r

2016 ANNUAL -0.1 r 1.4 r 1.5 1.1 r -0.2 r 1.2 r -0.5 r 0.7 r -5.3 r -0.2 r

2016 IV -0.1 r 0.9 r 1.0 0.0 r -1.8 r 0.1 r -2.0 -0.6 r 2.3 r -0.2 r

 III 0.7 r 2.3 r 1.6 1.8 r 0.6 r 1.1 r -1.0 r 0.4 r -9.9 r -1.1 r

 II -0.6 r 1.1 r 1.7 1.4 r 0.3 r 2.0 0.1 r 1.4 r -10.3 r -0.3 r

 I -0.6 r 1.1 r 1.6 1.2 r 0.1 r 1.7 r 0.7 r 1.4 r -2.6 r 0.8 r

2015 ANNUAL 1.4 r 3.6 r 2.2 3.0 r 2.9 r 1.6 r 0.4 r 1.2 r -5.1 r 0.3 r

2015 IV 0.1 r 1.9 r 1.8 3.4 3.0 3.3 r 3.7 r 3.4 r -17.5 r 0.2 r

 III 1.0 r 2.8 r 1.8 3.3 3.1 2.3 r 0.1 r 1.6 r -6.1 r 0.4 r

 II 1.8 r 3.9 r 2.1 3.5 r 3.5 r 1.6 r -0.4 r 1.0 r -2.1 r 0.5 r

 I 2.7 r 6.0 r 3.2 1.9 r 2.0 r -0.8 r -1.8 r -1.1 r 7.6 r 0.1 r

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

 Indexes 2009=100

2017 I 108.0 r 124.9 r 115.7 r 116.3 r 102.2 r 107.7 r 100.9 r 105.4 r 134.6 r 108.5 r

2016 ANNUAL 107.7 r 123.5 r 114.6 r 115.4 r 103.1 r 107.1 r 99.9 r 104.7 r 138.0 r 108.2 r

2016 IV 107.4 r 123.6 r 115.1 r 115.1 r 101.9 r 107.1 r 101.1 r 105.1 r 135.5 r 108.3 r

 III 108.7 r 124.9 r 114.9 r 116.2 r 103.7 r 106.9 r 98.9 r 104.2 r 136.5 r 107.6 r

 II 107.1 r 122.6 r 114.5 r 115.6 r 103.6 r 107.9 r 100.1 r 105.3 r 134.1 r 108.3 r

 I 107.7 r 122.8 r 114.1 r 114.6 r 103.3 r 106.4 r 99.7 r 104.1 r 146.0 r 108.5 r

2015 ANNUAL 107.9 r 121.8 r 112.9 r 114.1 r 103.3 r 105.8 r 100.5 r 104.0 r 145.8 r 108.4 r

2015 IV 107.5 r 122.5 r 113.9 r 115.1 r 103.8 r 107.0 r 103.2 r 105.7 r 132.4 r 108.5 r

 III 107.9 r 122.0 r 113.1 r 114.1 r 103.0 r 105.7 r 99.9 r 103.8 r 151.4 r 108.8 r

 II 107.8 r 121.3 r 112.6 r 114.0 r 103.3 r 105.8 r 99.9 r 103.8 r 149.5 r 108.6 r

 I 108.3 r 121.6 r 112.2 r 113.2 r 103.2 r 104.6 r 98.9 r 102.7 r 150.0 r 107.6 r

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

See footnotes following Table 6. August 9, 2017

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. Hours and compensation 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 –1.5 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 2017. 

Table Footnotes 

(1) Wages and salaries of 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, 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 1978-2016 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 is calculated using index numbers to three 

decimal places. Indexes published in the news release are rounded to one decimal place for convenience. 

Annual changes: Percent change is calculated using annual indexes to three decimal places.

(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 labor productivity, hourly compensation, unit labor costs, and prices,

seasonally adjusted.

 Real

 Hourly hourly Unit Implicit

Year Labor compen- compen- Unit nonlabor price

and produc- Hours sation sation labor payments deflator

quarter tivity Output worked (1) (2) costs (3) (4)

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

 Percent change from previous quarter at annual rate(5)

2014 ANNUAL 0.9 r 3.2 r 2.3 2.7 r 1.1 r 1.8 r 1.3 r 1.6 

2014 IV -1.9 r 2.5 r 4.5 4.8 r 5.6 r 6.9 r -8.4 r -0.1 

 III 3.7 r 6.8 r 2.9 2.4 r 1.3 r -1.3 r 5.4 r 1.6 r

 II 2.2 r 5.8 r 3.6 r -2.7 r -4.5 r -4.8 r 12.9 r 2.5 r

 I -3.3 r -1.7 r 1.7 7.2 r 4.4 r 10.8 r -9.7 r 1.4 r

2013 ANNUAL 0.7 2.2 1.5 1.3 -0.1 0.6 2.7 1.5 

2013 IV 4.1 r 5.4 1.2 r 2.2 0.7 -1.9 6.4 1.7 

 III 1.5 4.1 2.6 0.6 r -1.5 -0.9 r 5.5 1.9 

 II -0.1 1.1 1.2 5.8 6.4 5.9 -6.2 0.5 

 I 2.2 3.7 1.4 r -8.4 -9.9 -10.4 19.8 1.5 

2012 ANNUAL 0.7 2.9 2.2 2.7 0.7 2.0 1.7 1.9 

2012 IV -1.5 0.2 1.7 11.5 8.6 13.2 -12.3 r 1.4 

 III -1.0 0.6 1.6 0.6 -1.3 1.6 3.4 2.4 

 II 2.2 2.6 0.3 2.4 1.5 0.2 4.7 2.1 

 I 0.0 3.4 3.4 9.6 7.1 9.6 -7.5 1.7 

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

 Percent change from corresponding quarter of previous year

2014 ANNUAL 0.9 r 3.2 r 2.3 2.7 r 1.1 r 1.8 r 1.3 r 1.6 

2014 IV 0.1 r 3.3 r 3.2 r 2.8 r 1.6 r 2.7 r -0.4 r 1.3 

 III 1.6 r 4.0 r 2.3 2.2 r 0.4 r 0.5 r 3.4 r 1.8 r

 II 1.1 r 3.4 r 2.3 r 1.8 r -0.3 0.7 r 3.4 r 1.9 r

 I 0.5 2.2 r 1.7 r 3.9 r 2.4 r 3.4 r -1.2 r 1.4 

2013 ANNUAL 0.7 2.2 1.5 1.3 -0.1 0.6 2.7 1.5 

2013 IV 1.9 3.6 1.6 -0.1 -1.3 -2.0 6.0 1.4 

 III 0.5 2.3 1.7 2.1 0.6 1.6 1.0 1.3 

 II -0.1 1.4 1.5 2.1 0.7 2.2 0.5 1.4 

 I 0.5 1.7 1.3 1.3 r -0.5 0.8 3.3 1.9 

2012 ANNUAL 0.7 2.9 2.2 2.7 0.7 2.0 1.7 1.9 

2012 IV -0.1 1.7 1.8 5.9 3.9 6.0 -3.2 1.9 

 III 1.0 3.1 2.1 1.8 0.1 0.7 3.2 1.8 

 II 1.1 3.3 2.2 2.2 0.3 1.1 2.8 1.8 

 I 0.8 3.6 2.8 1.1 -1.7 0.3 4.5 2.1 

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

 Indexes 2009=100

2014 ANNUAL 105.7 r 114.4 r 108.3 111.2 r 100.8 r 105.3 r 113.2 r 108.6 r

2014 IV 105.9 r 116.3 r 109.8 r 112.3 r 101.7 r 106.1 r 112.9 r 108.9 r

 III 106.4 r 115.5 r 108.6 r 111.0 r 100.3 r 104.3 r 115.4 r 109.0 r

 II 105.4 r 113.7 r 107.8 r 110.3 r 100.0 r 104.7 r 113.9 r 108.5 r

 I 104.8 r 112.1 r 106.9 r 111.1 r 101.1 r 106.0 r 110.5 r 107.9 r

2013 ANNUAL 104.8 110.8 105.8 108.3 99.7 103.4 111.8 106.9 

2013 IV 105.7 r 112.6 106.4 r 109.2 r 100.0 r 103.3 r 113.4 r 107.5 

 III 104.7 111.1 106.1 108.6 r 99.9 r 103.7 111.6 107.1 

 II 104.3 r 110.0 105.5 r 108.4 r 100.3 r 104.0 r 110.2 106.6 

 I 104.3 r 109.7 105.1 r 106.9 r 98.7 r 102.5 r 111.9 106.4 

2012 ANNUAL 104.0 108.4 104.2 106.8 99.8 102.7 108.9 105.3 

2012 IV 103.7 r 108.7 104.8 r 109.3 r 101.3 r 105.3 107.0 106.0 

 III 104.1 108.6 104.3 r 106.3 99.3 r 102.1 110.6 r 105.7 

 II 104.4 r 108.5 103.9 106.2 99.6 r 101.7 109.6 105.0 

 I 103.8 r 107.8 103.8 r 105.6 r 99.2 r 101.7 108.4 104.5 

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics
-17- 

Appendix table 2.

Nonfarm business sector: Revised labor productivity, hourly compensation, unit labor costs, and

prices, seasonally adjusted.

 Real

 Hourly hourly Unit Implicit

Year Labor compen- compen- Unit nonlabor price

and produc- Hours sation sation labor payments deflator

quarter tivity Output worked (1) (2) costs (3) (4)

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

 Percent change from previous quarter at annual rate(5)

2014 ANNUAL 1.0 r 3.3 r 2.2 2.9 r 1.2 r 1.8 r 1.6 r 1.8 r

2014 IV -1.8 r 2.3 r 4.2 5.2 r 6.0 r 7.2 r -8.5 r 0.0 r

 III 4.4 r 6.9 r 2.4 r 3.1 r 2.0 r -1.3 r 6.5 r 2.1 r

 II 2.4 r 5.8 r 3.4 r -2.6 r -4.4 r -4.8 r 12.1 r 2.1 r

 I -3.4 r -1.4 r 2.1 r 6.8 r 4.1 r 10.5 r -9.9 r 1.2 r

2013 ANNUAL 0.3 2.0 1.7 1.2 -0.3 0.9 2.4 1.5 

2013 IV 4.4 r 5.6 1.1 2.4 r 0.9 -1.9 8.0 r 2.3 

 III 1.6 r 3.8 2.1 1.1 -1.1 r -0.5 6.2 2.3 

 II -0.7 0.6 1.3 5.8 6.3 6.5 -5.6 1.1 

 I 0.9 2.8 1.9 r -9.0 -10.4 -9.7 17.7 1.1 

2012 ANNUAL 0.9 3.1 2.2 2.6 0.6 1.7 2.1 1.9 

2012 IV -1.8 0.2 2.0 11.2 8.3 13.2 -13.2 1.1 

 III -0.7 1.0 1.7 0.4 -1.4 1.1 3.4 2.1 

 II 2.3 2.7 0.4 2.2 1.4 -0.1 5.3 2.2 

 I 0.6 3.9 3.3 9.5 7.1 8.9 -6.9 1.7 

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

 Percent change from corresponding quarter of previous year

2014 ANNUAL 1.0 r 3.3 r 2.2 2.9 r 1.2 r 1.8 r 1.6 r 1.8 r

2014 IV 0.3 r 3.4 r 3.0 3.1 r 1.8 r 2.7 -0.4 r 1.4 r

 III 1.9 r 4.2 r 2.2 2.4 r 0.6 r 0.5 r 3.8 r 1.9 r

 II 1.2 r 3.4 r 2.2 r 1.9 -0.2 0.7 r 3.8 r 2.0 

 I 0.5 r 2.1 r 1.7 r 4.0 r 2.5 r 3.5 r -0.6 r 1.7 r

2013 ANNUAL 0.3 2.0 1.7 1.2 -0.3 0.9 2.4 1.5 

2013 IV 1.6 3.2 1.6 -0.1 -1.3 r -1.6 6.3 1.7 

 III 0.0 1.9 1.8 2.0 0.5 2.0 0.6 1.4 

 II -0.6 1.2 1.7 r 1.8 0.4 2.4 -0.1 1.3 

 I 0.2 1.7 1.5 1.0 -0.8 0.8 2.7 1.6 

2012 ANNUAL 0.9 3.1 2.2 2.6 0.6 1.7 2.1 1.9 

2012 IV 0.1 2.0 1.9 5.7 3.8 5.6 -3.1 1.8 

 III 1.2 3.4 2.1 1.6 -0.1 0.4 3.8 1.8 

 II 1.2 3.4 2.1 2.2 0.3 0.9 3.3 1.9 

 I 1.0 3.8 2.8 1.0 -1.7 0.0 4.9 2.1 

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

 Indexes 2009=100

2014 ANNUAL 105.7 r 114.6 r 108.4 r 111.3 r 100.8 r 105.2 r 112.3 r 108.2 r

2014 IV 106.0 r 116.4 r 109.8 r 112.5 r 101.9 r 106.1 r 112.1 r 108.6 r

 III 106.5 r 115.7 r 108.7 r 111.1 r 100.4 r 104.3 r 114.6 r 108.6 r

 II 105.4 r 113.8 r 108.0 r 110.3 r 99.9 r 104.6 r 112.8 r 108.0 r

 I 104.8 r 112.2 r 107.1 r 111.0 r 101.0 r 105.9 r 109.6 r 107.5 r

2013 ANNUAL 104.7 110.9 106.0 108.2 99.6 103.3 110.5 106.3 

2013 IV 105.7 r 112.6 106.6 r 109.2 r 100.0 r 103.3 r 112.5 r 107.1 

 III 104.5 111.1 106.3 108.5 99.8 r 103.8 110.3 106.5 

 II 104.1 r 110.1 105.7 r 108.2 r 100.1 r 103.9 108.7 105.9 

 I 104.3 r 109.9 105.4 r 106.7 r 98.6 r 102.3 110.3 105.6 

2012 ANNUAL 104.3 108.8 104.2 106.9 99.9 102.5 107.9 104.7 

2012 IV 104.1 r 109.1 104.9 r 109.2 r 101.3 r 105.0 105.9 r 105.3 

 III 104.5 r 109.1 104.3 r 106.4 99.3 r 101.8 109.7 105.1 

 II 104.7 r 108.8 103.9 r 106.3 r 99.7 r 101.5 108.8 104.5 

 I 104.1 r 108.1 103.8 r 105.7 r 99.3 r 101.5 107.4 104.0 

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics
-18- 

Appendix table 3. 

Manufacturing sector: Revised labor productivity, hourly compensation, and unit labor costs,

seasonally adjusted.

 Real

Year Labor Hourly hourly Unit

and produc- Hours compensa- compensa- labor

quarter tivity Output worked tion (1) tion (2) costs

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

 Percent change from previous quarter at annual rate(5)

2014 ANNUAL 0.1 1.7 1.5 2.8 1.2 r 2.7 

2014 IV -2.1 1.8 4.0 5.1 r 5.9 r 7.4 r

 III 0.3 1.7 1.4 2.5 r 1.4 r 2.2 r

 II 1.2 5.1 3.9 -3.3 r -5.1 r -4.4 r

 I 1.7 0.2 -1.5 11.2 r 8.4 r 9.3 r

2013 ANNUAL 0.1 1.0 0.8 0.2 -1.3 0.0 

2013 IV -0.9 2.6 3.5 -0.9 -2.4 0.0 

 III -2.7 -0.9 1.9 0.8 -1.3 3.6 

 II 1.3 -0.7 -2.0 3.1 3.6 1.8 

 I 0.4 2.6 2.1 -4.6 -6.2 -5.0 

2012 ANNUAL 1.7 4.1 2.3 1.7 -0.3 0.0 

2012 IV 1.8 1.8 0.0 4.3 1.6 2.5 

 III -0.9 -0.3 0.6 -0.9 -2.7 0.0 

 II -0.1 1.9 2.0 0.7 -0.1 0.9 

 I 3.2 6.6 3.2 9.4 7.0 6.0 

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

 Percent change from corresponding quarter of previous year

2014 ANNUAL 0.1 1.7 1.5 2.8 1.2 r 2.7 

2014 IV 0.3 2.2 1.9 3.7 r 2.5 r 3.5 r

 III 0.6 2.4 1.8 2.2 r 0.4 r 1.7 r

 II -0.2 1.7 2.0 1.8 -0.2 r 2.0 

 I -0.2 0.3 0.5 3.5 r 2.0 r 3.6 r

2013 ANNUAL 0.1 1.0 0.8 0.2 -1.3 0.0 

2013 IV -0.5 0.9 1.4 -0.4 -1.6 0.1 

 III 0.2 0.7 0.5 0.8 -0.6 0.7 

 II 0.6 0.8 0.2 0.4 -1.0 -0.2 

 I 0.3 1.5 1.2 -0.2 -1.9 -0.5 

2012 ANNUAL 1.7 4.1 2.3 1.7 -0.3 0.0 

2012 IV 1.0 2.4 1.5 3.3 1.4 2.3 

 III 0.6 3.3 2.7 1.0 -0.7 0.3 

 II 2.5 5.1 2.5 1.7 -0.2 -0.9 

 I 2.8 5.5 2.6 0.9 -1.8 -1.8 

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

 Indexes 2009=100

2014 ANNUAL 119.3 127.4 106.8 108.0 r 97.9 r 90.6 r

2014 IV 118.9 128.5 108.0 109.1 r 98.8 r 91.8 r

 III 119.6 127.9 107.0 107.8 r 97.4 r 90.1 r

 II 119.5 127.3 106.6 107.1 r 97.1 r 89.7 r

 I 119.1 125.8 105.6 108.0 r 98.4 r 90.7 r

2013 ANNUAL 119.1 125.3 105.2 105.1 96.8 88.2 

2013 IV 118.6 125.7 106.0 105.2 96.4 88.7 

 III 118.9 124.9 105.0 105.4 97.0 88.7 

 II 119.7 125.2 104.5 105.2 97.3 87.9 

 I 119.3 125.4 105.1 104.4 96.4 87.5 

2012 ANNUAL 119.0 124.1 104.3 104.9 98.0 88.2 

2012 IV 119.2 124.6 104.5 105.7 98.0 88.6 

 III 118.7 124.0 104.5 104.6 97.6 88.1 

 II 119.0 124.1 104.4 104.8 98.3 88.1 

 I 119.0 123.6 103.8 104.6 98.3 87.9 

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics
-19- 

Appendix table 4.

Durable manufacturing sector: Revised labor productivity, hourly compensation, and unit labor

costs, seasonally adjusted.

 Real

Year Labor Hourly hourly Unit

and produc- Hours compensa- compensa- labor

quarter tivity Output worked tion (1) tion (2) costs

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

 Percent change from previous quarter at annual rate(5)

2014 ANNUAL 0.6 2.8 2.1 2.3 0.7 1.7 

2014 IV -1.5 0.7 2.3 6.0 r 6.8 r 7.7 r

 III -0.7 2.2 3.0 2.5 r 1.4 r 3.2 r

 II 1.1 6.8 5.7 -3.7 r -5.5 r -4.8 r

 I 2.8 1.3 -1.5 11.4 r 8.5 r 8.3 r

2013 ANNUAL 0.0 1.2 1.2 -0.6 -2.0 -0.6 

2013 IV 0.4 5.0 4.7 -3.7 -5.2 -4.1 

 III -2.1 -0.1 2.0 1.6 -0.5 3.7 

 II 1.6 -0.7 -2.2 2.5 3.1 1.0 

 I -0.4 3.1 3.5 -6.2 -7.8 -5.8 

2012 ANNUAL 2.4 5.5 3.0 1.4 -0.6 -1.0 

2012 IV 1.7 2.0 0.2 5.0 2.3 3.2 

 III -2.5 -2.4 0.1 -2.3 -4.1 0.2 

 II 0.6 3.3 2.7 -1.2 -2.0 -1.7 

 I 6.3 9.8 3.4 11.2 8.7 4.6 

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

 Percent change from corresponding quarter of previous year

2014 ANNUAL 0.6 2.8 2.1 2.3 0.7 1.7 

2014 IV 0.4 2.7 2.3 3.9 r 2.6 r 3.5 r

 III 0.9 3.8 2.9 1.4 r -0.3 r 0.5 r

 II 0.5 3.2 2.7 1.2 -0.8 0.6 r

 I 0.7 1.4 0.7 2.8 r 1.3 2.1 

2013 ANNUAL 0.0 1.2 1.2 -0.6 -2.0 -0.6 

2013 IV -0.1 1.8 1.9 -1.5 -2.7 -1.4 

 III 0.2 1.0 0.9 0.6 -0.8 0.5 

 II 0.1 0.5 0.4 -0.3 -1.7 -0.4 

 I -0.2 1.5 1.6 -1.2 -2.9 -1.1 

2012 ANNUAL 2.4 5.5 3.0 1.4 -0.6 -1.0 

2012 IV 1.5 3.1 1.6 3.0 1.1 1.5 

 III 1.1 4.6 3.4 0.2 -1.4 -0.9 

 II 3.9 7.3 3.2 1.6 -0.3 -2.3 

 I 3.1 7.0 3.8 0.8 -2.0 -2.3 

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

 Indexes 2009=100

2014 ANNUAL 121.0 133.1 110.1 106.6 r 96.6 r 88.1 r

2014 IV 120.6 134.3 111.3 107.8 r 97.6 r 89.4 r

 III 121.1 134.0 110.7 106.3 r 96.0 r 87.8 r

 II 121.3 133.3 109.9 105.6 r 95.7 r 87.1 r

 I 120.9 131.1 108.4 106.6 r 97.1 r 88.2 r

2013 ANNUAL 120.2 129.5 107.8 104.2 95.9 86.7 

2013 IV 120.1 130.7 108.8 103.8 95.1 86.4 

 III 120.0 129.1 107.6 104.8 96.4 87.3 

 II 120.6 129.1 107.0 104.4 96.5 86.5 

 I 120.1 129.3 107.6 103.7 95.8 86.3 

2012 ANNUAL 120.2 128.0 106.5 104.8 98.0 87.2 

2012 IV 120.3 128.4 106.7 105.4 97.7 87.6 

 III 119.8 127.7 106.7 104.1 97.2 86.9 

 II 120.5 128.5 106.6 104.7 98.2 86.9 

 I 120.3 127.5 105.9 105.0 98.7 87.3 

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics
-20- 

Appendix table 5.

Nondurable manufacturing sector: Revised labor productivity, hourly compensation, and unit labor

costs, seasonally adjusted.

 Real

Year Labor Hourly hourly Unit

and produc- Hours compensa- compensa- labor

quarter tivity Output worked tion (1) tion (2) costs

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

 Percent change from previous quarter at annual rate(5)

2014 ANNUAL 0.1 0.6 0.5 3.6 2.0 r 3.6 r

2014 IV -3.7 3.2 7.1 3.7 r 4.5 r 7.7 r

 III 2.4 1.2 -1.1 2.1 r 1.0 r -0.2 r

 II 2.3 3.3 1.0 -2.8 -4.6 -5.0 

 I 0.6 -0.9 -1.6 11.0 r 8.2 r 10.3 r

2013 ANNUAL 1.0 1.2 0.2 1.6 0.1 0.6 

2013 IV -1.5 0.2 1.7 4.5 2.9 6.1 

 III -3.0 -1.2 1.8 -0.7 -2.8 2.3 

 II 1.4 -0.1 -1.5 4.1 4.7 2.7 

 I 3.1 2.8 -0.3 -1.7 -3.3 -4.7 

2012 ANNUAL 0.6 1.8 1.2 2.1 0.1 1.5 

2012 IV 2.4 2.1 -0.3 3.0 0.3 0.6 

 III 0.5 2.1 1.5 1.9 0.0 1.3 

 II -0.8 0.0 0.8 4.4 3.5 5.2 

 I -0.5 2.5 3.0 6.1 3.7 6.6 

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

 Percent change from corresponding quarter of previous year

2014 ANNUAL 0.1 0.6 0.5 3.6 2.0 r 3.6 r

2014 IV 0.4 1.7 1.3 3.4 r 2.2 r 3.0 r

 III 0.9 0.9 0.0 3.6 r 1.8 r 2.6 r

 II -0.4 0.3 0.7 2.9 r 0.8 r 3.3 r

 I -0.6 -0.5 0.1 4.7 r 3.2 r 5.3 r

2013 ANNUAL 1.0 1.2 0.2 1.6 0.1 0.6 

2013 IV 0.0 0.4 0.4 1.5 0.3 1.5 

 III 0.9 0.9 -0.1 1.1 -0.3 0.2 

 II 1.8 1.7 -0.1 1.8 0.4 -0.1 

 I 1.3 1.7 0.4 1.8 0.1 0.5 

2012 ANNUAL 0.6 1.8 1.2 2.1 0.1 1.5 

2012 IV 0.4 1.7 1.2 3.8 1.9 3.4 

 III 0.0 1.5 1.5 2.2 0.5 2.2 

 II 0.5 1.9 1.4 1.6 -0.2 1.2 

 I 1.5 2.4 0.8 0.9 -1.8 -0.6 

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

 Indexes 2009=100

2014 ANNUAL 112.7 114.4 101.5 110.1 r 99.8 r 97.6 r

2014 IV 112.4 115.5 102.8 110.9 r 100.4 r 98.7 r

 III 113.5 114.6 101.0 109.9 r 99.3 r 96.8 r

 II 112.8 114.3 101.3 109.3 r 99.1 r 96.9 r

 I 112.2 113.3 101.0 110.1 r 100.2 r 98.2 r

2013 ANNUAL 112.6 113.7 101.0 106.2 97.8 94.3 

2013 IV 112.0 113.6 101.4 107.3 98.3 95.8 

 III 112.4 113.6 101.0 106.1 97.6 94.4 

 II 113.3 113.9 100.5 106.3 98.3 93.8 

 I 112.9 113.9 100.9 105.2 97.2 93.2 

2012 ANNUAL 111.5 112.4 100.8 104.6 97.7 93.8 

 2012 IV 112.0 113.1 101.0 105.7 98.0 94.3 

 III 111.4 112.6 101.1 104.9 97.9 94.2 

 II 111.2 112.0 100.7 104.4 97.9 93.9 

 I 111.4 112.0 100.5 103.3 97.1 92.7 

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics
-21- 

Appendix table 6.

Nonfinancial corporate sector: Revised labor productivity, hourly compensation, unit labor costs,

unit profits, and prices, seasonally adjusted.

 Real

 Hourly hourly Unit Total Implicit

Year Labor compen- compen- Unit nonlabor unit Unit price

and produc- Hours sation sation labor costs costs profits deflator

quarter tivity Output worked (1) (2) costs (6) (7) (8) (4)

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

 Percent change from previous quarter at annual rate(5)

2014 ANNUAL 1.3 r 4.0 r 2.7 2.6 r 0.9 r 1.3 r -0.2 r 0.8 r 1.4 r 0.9 r

2014 IV 2.1 r 5.3 r 3.2 2.8 r 3.5 r 0.8 -1.1 r 0.2 r -1.8 r -0.2 r

 III 4.0 r 6.9 r 2.8 1.4 r 0.3 r -2.5 r -2.2 r -2.4 r 24.0 r 1.2 r

 II 1.6 r 7.1 r 5.4 r -3.4 r -5.2 r -4.9 r -1.7 r -3.9 r 44.2 r 1.8 r

 I 2.8 r 4.5 r 1.6 10.2 r 7.3 r 7.1 r -0.5 r 4.6 r -28.5 r -0.9 r

2013 ANNUAL 0.2 2.3 2.0 1.3 -0.1 1.1 0.2 0.8 4.6 1.4 

2013 IV -0.3 1.5 1.7 1.2 -0.3 1.5 2.0 1.7 2.7 1.8 

 III -3.5 -0.9 2.7 -0.2 -2.3 r 3.4 3.2 3.3 -1.9 2.5 

 II 2.4 3.8 1.4 3.8 4.3 1.4 -2.0 0.3 -3.0 -0.2 

 I -0.8 2.7 3.5 -4.1 -5.6 -3.3 0.4 -2.1 19.6 0.9 

2012 ANNUAL 1.0 3.4 2.4 2.8 0.7 1.8 0.2 1.3 7.0 2.1 

2012 IV 6.4 7.7 1.3 8.4 5.6 1.9 -3.7 0.1 4.5 0.7 

 III -5.3 -4.0 1.3 0.1 -1.7 5.8 4.9 5.5 -5.5 3.8 

 II -0.2 0.5 0.7 1.5 0.6 1.7 1.4 1.6 9.2 2.7 

 I 6.2 9.9 3.5 12.2 9.7 5.6 -3.2 2.6 -2.5 1.8 

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

 Percent change from corresponding quarter of previous year

2014 ANNUAL 1.3 r 4.0 r 2.7 2.6 r 0.9 r 1.3 r -0.2 r 0.8 r 1.4 r 0.9 r

2014 IV 2.6 r 5.9 r 3.2 2.6 r 1.4 r 0.0 r -1.4 r -0.4 r 5.8 r 0.5 r

 III 2.0 r 5.0 r 2.9 2.2 r 0.4 r 0.2 r -0.6 r -0.1 r 7.0 r 1.0 r

 II 0.1 r 3.0 r 2.9 1.8 r -0.2 r 1.7 r 0.7 r 1.4 r 0.9 r 1.3 r

 I 0.3 r 2.2 r 1.9 3.7 r 2.2 r 3.3 r 0.7 r 2.4 r -8.6 r 0.8 r

2013 ANNUAL 0.2 2.3 2.0 1.3 -0.1 1.1 0.2 0.8 4.6 1.4 

2013 IV -0.6 1.7 2.3 0.1 -1.0 0.7 0.9 0.8 4.0 1.2 

 III 1.0 3.3 2.2 1.9 0.4 0.8 -0.5 0.4 4.4 1.0 

 II 0.5 r 2.4 1.9 2.0 0.5 r 1.4 -0.1 0.9 3.4 1.3 

 I -0.1 1.6 1.7 1.4 -0.4 1.5 0.7 1.2 6.6 2.0 

2012 ANNUAL 1.0 3.4 2.4 2.8 0.7 1.8 0.2 1.3 7.0 2.1 

2012 IV 1.6 3.4 1.7 5.4 3.5 3.7 -0.2 2.4 1.3 2.2 

 III -0.2 1.9 2.1 2.1 0.4 2.3 1.1 1.9 3.5 2.1 

 II 0.9 3.4 2.5 2.4 0.5 1.5 0.3 1.1 7.6 2.0 

 I 1.5 4.9 3.3 1.3 -1.4 r -0.2 -0.3 -0.2 17.6 2.0 

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

 Indexes 2009=100

2014 ANNUAL 106.4 r 117.6 r 110.5 r 110.8 r 100.4 r 104.1 r 100.1 r 102.8 r 153.6 r 108.1 r

2014 IV 107.4 r 120.2 r 111.9 r 111.3 r 100.8 r 103.6 r 99.5 r 102.2 r 160.5 r 108.3 r

 III 106.9 r 118.7 r 111.0 r 110.5 r 99.9 r 103.4 r 99.8 r 102.2 r 161.2 r 108.4 r

 II 105.8 r 116.7 r 110.3 r 110.2 r 99.8 r 104.1 r 100.3 r 102.8 r 152.7 r 108.0 r

 I 105.4 r 114.7 r 108.8 r 111.1 r 101.2 r 105.4 r 100.8 r 103.8 r 139.4 r 107.6 r

2013 ANNUAL 105.1 r 113.0 107.6 r 108.0 r 99.5 r 102.8 100.2 101.9 151.5 107.1 

2013 IV 104.7 r 113.5 108.4 r 108.5 r 99.4 r 103.6 100.9 102.7 151.6 107.8 

 III 104.8 r 113.0 107.9 r 108.1 r 99.5 r 103.2 100.4 102.3 150.6 107.3 

 II 105.7 r 113.3 107.2 r 108.2 r 100.0 r 102.4 99.6 101.4 151.3 106.7 

 I 105.1 r 112.2 106.8 r 107.2 r 99.0 r 102.0 100.1 101.4 152.5 106.7 

2012 ANNUAL 104.8 r 110.5 105.4 r 106.6 r 99.6 r 101.7 100.0 101.1 144.9 105.7 

2012 IV 105.3 r 111.5 105.9 r 108.3 r 100.4 r 102.9 100.0 101.9 145.8 106.5 

 III 103.7 r 109.5 105.6 r 106.1 r 99.1 r 102.4 100.9 101.9 144.2 106.3 

 II 105.1 r 110.6 105.2 r 106.1 r 99.5 r 100.9 99.7 100.5 146.3 105.3 

 I 105.2 r 110.5 105.0 r 105.7 r 99.3 r 100.5 99.4 100.1 143.1 104.6 

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

See footnotes following Table 6. August 9, 2017

r=revised Source: Bureau of Labor Statistics