Internet address: http://www.bls.gov/lpc/ USDL 04-119 

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 information: (202) 691-5606 MATERIAL IS EMBARGOED 

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

Media contact: (202) 691-5902 THURSDAY, FEBRUARY 5, 2004 

PRODUCTIVITY AND COSTS 

Preliminary Fourth Quarter and 

Annual Averages for 2003 

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

preliminary productivity data—as measured by output per hour of all persons—for the fourth 

quarter and for the full year 2003. The seasonally adjusted annual rates of productivity change 

in the fourth quarter and the annual average changes were: 

 Fourth Annual averages 

 quarter 2002-2003 

Business sector 1.8 4.3 

Nonfarm business sector 2.7 4.2 

In the fourth quarter, productivity increased 1.8 percent in the business sector following 

an 8.7-percent increase (as revised) one quarter earlier (seasonally adjusted annual rates). In 

nonfarm businesses, productivity also grew more slowly in the fourth quarter, 2.7 percent, than it 

had one quarter earlier, when it rose 9.5 percent. On an annual average basis, productivity rose 

4.3 percent in the business sector and 4.2 percent in the nonfarm business sector. Fourth-quarter 

productivity and related measures are summarized in table A and annual average data in table B. 

Detailed information is presented in tables 1 through 5. 

 In the manufacturing sector, increases in productivity were: 

 Fourth Annual averages 

 quarter 2002-2003 

Manufacturing sector 4.8 4.3 

 Durable goods manufacturing 6.4 6.7 

 Nondurable goods manufacturing 3.8 1.2 

Productivity and cost measures for the manufacturing sector are now reported using the 2002 

North American Industry Classification System (NAICS). Because of the reclassification, these 

measures are not directly comparable with manufacturing measures published on or before 

Dec. 3, 2003. See "Revised Measures" on page 6. 
2

Table A. Productivity and costs: Preliminary fourth-quarter 2003 measures 

(Seasonally adjusted annual rates) 

Sector 

Productivity Output Hours 

Hourly 

compensation 

Real 

hourly 

compensation 

Unit 

labor 

costs 

 Percent change from preceding quarter 

Business 1.8 3.7 1.9 0.9 0.1 -0.8 

Nonfarm business 2.7 4.2 1.5 1.3 0.5 -1.3 

Manufacturing 4.8 6.6 1.7 1.5 0.7 -3.1 

 Durable 6.4 10.2 3.6 0.6 -0.3 -5.5 

 Nondurable 3.8 2.6 -1.1 2.9 2.0 -0.9 

 Percent change from same quarter a year ago 

Business 5.2 5.0 -0.2 3.3 1.4 -1.8 

Nonfarm business 5.3 5.2 -0.2 3.3 1.3 -2.0 

Manufacturing 5.2 1.8 -3.3 4.3 2.4 -0.9 

 Durable 7.2 3.9 -3.1 3.9 2.0 -3.1 

 Nondurable 3.1 -0.7 -3.6 5.0 3.1 1.9 

Manufacturing productivity grew 4.8 percent in the fourth quarter, reflecting a 6.6-

percent increase in output and a 1.7-percent rise in hours of all persons. On an annual average 

basis, output per hour in the manufacturing sector posted a 4.3-percent increase in 2003. 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. 

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 prepared by the Board of Governors of the Federal Reserve System. See 

Technical Notes (page 10) for further information on data sources. 

THIRD-TO-FOURTH QUARTER CHANGES, 2003 

Business 

 Productivity in the business sector increased by 1.8 percent in the fourth quarter of 2003, 

reflecting increases of 3.7 percent in output and 1.9 percent in hours of all persons (seasonally 

adjusted annual rates). The fourth-quarter rise in hours of all persons was the largest since a 2.5-
3 

percent increase in the fourth quarter of 1999. Hours had risen 1.4 percent in the third quarter of 

2003. Both the productivity and output increases were smaller than the increases recorded in the 

previous quarter, when productivity rose 8.7 percent and output grew 10.3 percent. The 10.3-

percent output increase in the third quarter was the largest in the sector since the second quarter 

of 1983, when output rose at an 11.7-percent annual rate. 

Hourly compensation rose 0.9 percent in the fourth quarter of 2003, following a 2.7-

percent increase one quarter earlier. This measure includes wages and salaries, supplements, 

employer contributions to employee-benefit plans, and taxes. Real hourly compensation, which 

takes into account changes in consumer prices, grew 0.1 percent during the fourth quarter of 

2003. This measure rose 0.4 percent in the third quarter. 

The unit labor cost measure, which relates hourly compensation to output per hour, 

dropped 0.8 percent in the fourth quarter. Unit labor costs also fell in the previous two quarters, 

5.5 percent in the third quarter 2003 and 1.7 percent in the second quarter. These costs had risen 

1.2 percent in the first quarter of the year. 

Nonfarm business 

In the nonfarm business sector, productivity increased 2.7 percent in the fourth quarter of 

2003. Output grew 4.2 percent and hours of all persons grew 1.5 percent (seasonally adjusted 

annual rates). As in the larger business sector, the fourth-quarter productivity increase was less 

than the third-quarter increase. As revised, productivity increased 9.5 percent in the third quarter 

of 2003, reflecting a 10.4-percent rise in output and 0.8-percent growth in hours of all persons 

(table 2). The third-quarter output increase was the largest since a 12.3 percent rise was posted 

in the third quarter of 1983 and the fourth-quarter hours increase was bigger than any since the 

first quarter of 2000, when hours rose 1.7 percent. 

Hourly compensation in the nonfarm business sector rose 1.3 percent in the fourth quarter 

of 2003, down from the 3.4-percent rise of the third quarter. When the changes in consumer 

prices were taken into account, real hourly compensation grew 0.5 percent during the fourth 

quarter of 2003 and 1.0 percent one quarter earlier. 

Unit labor costs dropped 1.3 percent in the fourth quarter, after falling 5.6 percent in the 

third quarter of 2003 and 1.3 percent in the second quarter. The implicit price deflator for 

nonfarm business output increased 0.3 percent in the fourth quarter of 2003, after increasing 1.1 

percent one quarter earlier. 

Manufacturing 

Manufacturing productivity grew 4.8 percent (seasonally adjusted annual rate) in the 

fourth quarter of 2003 as output and hours increased 6.6 and 1.7 percent, respectively (table 3). 

This was the largest increase in manufacturing output since a 7.1-percent increase in the fourth 

quarter of 1997. The hours increase was the first since a 0.1-percent rise in the second quarter of 

2000. In the third quarter, manufacturing productivity increased 9.7 percent, reflecting a 4.3-

percent rise in output and a 5.0-percent decrease in hours. In durable goods manufacturing, 

productivity rose 6.4 percent in the fourth quarter as output grew 10.2 percent and hours 
4 

increased 3.6 percent (table 4). Among nondurable goods manufacturers, productivity increased 

3.8 percent in the fourth quarter as output rose 2.6 percent and hours at work in the sector fell 1.1 

percent (table 5). 

Average hourly compensation of manufacturing workers increased 1.5 percent in the 

fourth quarter of 2003, reflecting increases in hourly compensation of 0.6 percent in durable 

goods manufacturing and 2.9 percent in nondurable goods manufacturing. When the increase in 

consumer prices was taken into account, real hourly compensation in total manufacturing rose 

0.7 percent. 

Unit labor costs for the manufacturing sector dropped by 3.1 percent in fourth quarter 

2003. In durable goods manufacturing, unit labor costs fell 5.5 percent and, in nondurable goods 

manufacturing, unit labor costs decreased 0.9 percent. 

ANNUAL AVERAGE CHANGES, 2002-2003 

Business 

Business sector productivity increased 4.3 percent when the annual average for 2003 was 

compared with the annual average for 2002 (table B). Output increased 3.7 percent and hours of 

all persons engaged in the sector dropped 0.6 percent. Productivity had increased 4.8 percent in 

2002, when output rose 2.3 percent and hours fell 2.4 percent. The 4.8-percent productivity 

increase in 2002 was the largest in the sector since an 8.1-percent rise was posted in 1950. Also, 

the combination of the 4.8 percent productivity increase in 2002 and the 4.3 percent increase in 

2003 produced the largest two-year gain, a 4.5-percent average annual rate of growth, since 

1949-51, when it grew at a 5.7-percent annual rate, reflecting annual increases of 8.1 percent in 

1950 and 3.1 percent in 1951. 
5 

Table B. Annual average changes in productivity and related measures, 1994-2003 

 Measure 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 

Business:

Productivity ...................... 1.2 0.3 2.8 1.9 2.6 2.9 2.9 2.2 4.8 4.3

Output............................... 5.0 2.9 4.6 5.3 4.8 5.1 3.9 0.1 2.3 3.7

Hours ................................ 3.8 2.6 1.8 3.3 2.2 2.1 1.0 -2.1 -2.4 -0.6

Hourly compensation........ 1.6 2.2 3.2 3.2 5.9 4.8 7.0 4.1 2.1 3.0

 Real hourly compensation 

............................................

-0.5 -0.3 0.5 1.1 4.4 2.7 3.5 1.3 0.5 0.7

Unit labor costs ................ 0.4 1.9 0.5 1.3 3.2 1.8 4.0 1.8 -2.5 -1.2

Nonfarm Business:

Productivity ...................... 1.2 0.6 2.5 1.7 2.6 2.8 2.7 2.1 4.9 4.2

Output............................... 4.8 3.2 4.5 5.2 5.0 5.2 3.8 0.1 2.3 3.7

Hours ................................ 3.5 2.6 1.9 3.4 2.3 2.3 1.1 -2.0 -2.5 -0.5

Hourly compensation........ 1.7 2.2 3.2 3.1 5.8 4.7 7.0 3.9 2.2 2.9

 Real hourly compensation 

............................................

-0.4 -0.2 0.5 1.0 4.3 2.5 3.6 1.1 0.6 0.6

Unit labor costs ................ 0.5 1.6 0.6 1.4 3.2 1.8 4.2 1.7 -2.5 -1.2

Manufacturing:

Productivity ...................... 3.3 3.9 3.4 3.5 4.7 3.8 4.6 2.2 6.8 4.3

Output............................... 5.7 4.5 3.2 5.5 4.5 2.9 3.0 -4.6 -0.6 0.1

Hours ................................ 2.3 0.6 -0.2 1.9 -0.2 -0.9 -1.5 -6.6 -7.0 -4.0

Hourly compensation........ 3.3 2.0 2.0 1.9 6.1 4.2 9.1 2.4 3.6 4.5

 Real hourly compensation 

............................................

1.1 -0.4 -0.6 -0.2 4.6 2.1 5.6 -0.4 2.0 2.2

 Unit labor costs ................ 0.0 -1.8 -1.3 -1.5 1.3 0.3 4.2 0.2 -3.0 0.3 

Hourly compensation in the business sector increased 3.0 percent in 2003, more than the 

2.1-percent increase in 2002. Real hourly compensation increased 0.7 percent in 2003 and 0.5 

percent one year earlier. Unit labor costs in the business sector fell 1.2 percent in 2003 and 2.5 

percent in 2002. These were the first annual declines in these costs since the early 1960s. (Unit 

labor costs fell 0.3 percent in 1963 and 0.1 percent in 1962.) The implicit price deflator for the 

business sector rose 1.3 percent in 2003 and 0.8 percent in 2002. 

Nonfarm business

Productivity increased 4.2 percent in the nonfarm business sector during 2003, reflecting 

a 3.7-percent rise in output and a 0.5-percent decline in hours. During 2002, productivity had 

increased 4.9 percent in nonfarm business, as output rose 2.3 percent and hours of all persons fell 

2.5 percent. As in the larger business sector, the 2002 productivity increase was the largest since 

1950, when productivity rose 6.6 percent. When the productivity increases for 2002 and 2003 

are combined, productivity for the 2001-2003 period rose 4.5 percent in nonfarm businesses. 
6 

The last comparable two-year rise occurred over the 1949-1951 period, when productivity 

increased at a 4.6 percent annual rate, incorporating rises of 6.6 percent in 1950 and 2.7 percent 

in 1951. 

In 2003, hourly compensation increased 2.9 percent, up from the 2.2-percent rise in 2002. 

When the increase in consumer prices was taken into account, real hourly compensation rose 0.6 

percent in both 2003 and 2002. 

Unit labor costs in the nonfarm business sector dropped 1.2 percent in 2003, less than the 

2.5-percent decline in 2002. Prior to 2002, the last time annual unit labor costs in the nonfarm

business sector declined was in 1983, when they dropped 0.3 percent. The implicit price deflator 

for nonfarm business rose 1.2 percent in 2003 and 0.9 percent in 2002. 

Manufacturing 

In manufacturing, labor productivity rose 4.3 percent in 2003 and 6.8 percent in 2002. 

The 2003 increase occurred as output grew 0.1 percent and hours of all persons fell 4.0 percent 

(table B). There was a 6.7-percent increase in durable goods manufacturing productivity, as 

output rose 2.1 percent and hours fell 4.3 percent. Nondurable goods manufacturing posted a 

more modest increase in productivity, 1.2 percent, reflecting an output decline of 2.2 percent and 

a drop in hours of 3.3 percent. 

Hourly compensation of manufacturing workers increased 4.5 percent in 2003, more than 

the 3.6-percent growth in 2002. In 2003, hourly compensation rose 4.3 percent in durable goods 

manufacturing and 5.0 percent in nondurable good manufacturing. Taking into account the rise 

in consumer prices, real hourly compensation in manufacturing rose 2.2 percent in 2003 and 2.0 

percent one year earlier. 

 

Unit labor costs in manufacturing grew 0.3 percent in 2003. These costs had declined 3.0 

percent in calendar year 2002. Unit labor costs in durable goods manufacturing declined 2.2 

percent in 2003, compared with a 3.8-percent rise in unit labor costs in nondurable goods 

manufacturing. 

Revised Measures

Current and previous measures for the third quarter of 2003 for the business and nonfarm

business sectors are compared in table C. In both sectors, productivity, output, and hours growth 

in the third quarter were similar to those reported on Dec. 3. Also in both sectors, hourly 

compensation and real hourly compensation grew more than reported in December. Because 

hourly compensation was revised up more than labor productivity, unit labor costs in the third 

quarter dropped less than reported two months ago. 
7 

Table C. Previous and revised productivity and related measures 

Quarterly percent change at seasonally adjusted annual rate 

Sector

Productivity Output Hours 

Hourly 

compensation 

Real 

hourly 

compensation 

Unit 

labor 

costs 

Third quarter 2003 

Business:

Previous ....................... 8.6 10.2 1.4 2.3 0.0 -5.8

Current ......................... 8.7 10.3 1.4 2.7 0.4 -5.5

Nonfarm business:

Previous ....................... 9.4 10.3 0.8 3.0 0.7 -5.8

Current ......................... 9.5 10.4 0.8 3.4 1.0 -5.6

Measures of productivity and costs for manufacturing also differ from those published on 

Dec. 3—however, the current manufacturing measures are not strictly comparable with earlier 

series. The manufacturing sectors are now defined using the 2002 North American Industry 

Classification System (NAICS 2002); previously these measures were classified on the 1987 

Standard Industrial Classification (SIC). Some detailed industries formerly included in 

manufacturing are no longer included, while some detailed industries formerly in other sectors 

are now included. On net, the NAICS changes have reduced the size of the manufacturing 

sector. 

Measures of productivity and costs for the business, nonfarm business, and 

manufacturing sectors were revised for all years and quarters. See "Historical Revisions" (page 

8). 
8 

Revised measures: Nonfinancial Corporations 

Revised third-quarter productivity and output measures for nonfinancial corporations also 

were announced today. In the third quarter, output and productivity increased less and hours fell 

less than reported on Dec. 3. Hourly compensation was revised up. This, combined with the 

downward revision to productivity, led to less of a decline in unit labor costs (table D). 

Historical measures for nonfinancial corporations also were revised for all years and quarters. 

See "Historical Revisions" below. 

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

Quarterly percent changes at seasonally adjusted annual rates

Productivity Output Hours

Hourly 

compensation

Real 

hourly 

compensation

Unit 

labor 

costs

Unit 

profits

Implicit 

price 

deflator

Third quarter 2003 

Previous 9.2 8.9 -0.2 3.0 0.7 -5.6 60.9 0.6

Current 8.6 8.5 -0.1 3.6 1.2 -4.6 46.2 0.9

Historical revisions 

All measures of output for the business, nonfarm business, and nonfinancial corporate 

sectors have been revised to reflect the recent release of revised national income and product 

accounts by the Bureau of Economic Analysis (BEA), U.S. Department of Commerce. 

Compensation measures for all sectors, including manufacturing, also were revised to 

incorporate these new data. In addition, historical measures of employment and hours for the 

business, nonfarm business, and nonfinancial corporate sectors were revised to incorporate both 

revised historical information from the BEA and the most recent information from the 1997 

economic censuses conducted by the Census Bureau on the proportions of persons working in 

nonprofit institutions serving individuals and those in for-profit nonfinancial corporations. 

Revised output, compensation, and employment and hours data for the manufacturing and 

nonfinancial corporate sectors also reflect conversion from the 1987 Standard Industrial 

Classification to the 2002 North American Industry Classification System. The annual output 

measures for manufacturing incorporate the Census Bureau's 2001 Annual Survey of 

Manufactures. 

Appendix tables 1-6 show the revised annual measures for all sectors. Links to tables 

showing the full historical revision including the quarterly measures will be posted on the 

productivity and costs home page, http://www.bls.gov/lpc/home.htm. Measures for the 

manufacturing, durable manufacturing, and nondurable manufacturing sectors now begin in 

1987. Because the BEA compensation data extend back only to 1998, the BLS constructed 

measures for 1987-97 based on trends in compensation data from its industry productivity 
9 

program. BLS may consider the possibility of extending the productivity and cost measures 

back further but currently has no plans to do so. 

Upcoming changes to productivity and cost data 

New estimates of average weekly hours at work for nonproduction and supervisory 

workers will be introduced into the BLS major sector productivity and cost measures beginning 

with the August 10, 2004, release. An article discussing these new measures and the effects of 

this change will be published in the Monthly Labor Review sometime in the next few months. A 

technical note describing the methodology will be available this summer. 

In addition, on Aug. 10, the BLS intends to begin adjusting its hours series derived from

the Current Population Survey (employment and hours for the farm sector, nonfarm selfemployed, and nonfarm unpaid family workers and hours for employees of government 

enterprises) for the effects of multiple jobholding and to begin using concurrent seasonal 

adjustment for these series. Further information on these changes will be announced later this 

year. 

Next release date

The next release of Productivity and Costs is scheduled for 8:30 A.M. EST, Thursday, 

March 4, 2003. Revised fourth-quarter and annual average measures for business, nonfarm

business, and manufacturing will be released at that time. This release will incorporate changes 

due to the annual benchmark adjustment and updated information on seasonal trends from the 

BLS nonfarm payroll series. 
10 

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. The 

Office of Productivity and Technology estimates average weekly paid hours of nonproduction and supervisory workers. Weekly paid 

hours were adjusted to hours at work using the 

BLS Hours at Work survey, conducted for this 

purpose. Data from the National Compensation 

Survey are used for recent years. 

Data from the BLS Current Population 

Survey (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 

owner-occupied 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 

annual-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 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. 
11 

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. 
12 

 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 

 2001 I r116.8 r141.2 r120.9 r138.1 r112.5 r118.2 r107.1 r114.1 

 II 117.8 r140.8 r119.6 r139.2 r112.4 r118.2 r109.6 r115.0 

 III r118.2 r139.9 r118.3 r140.2 r112.9 r118.6 r109.4 r115.2 

 IV r120.3 r140.6 r116.9 r141.4 r114.1 r117.6 r112.0 r115.5 

 ANNUAL r118.3 r140.6 r118.9 r139.7 r113.0 r118.1 r109.5 r114.9 

 2002 I r122.7 r142.6 r116.2 r141.7 r114.0 r115.5 r115.0 r115.3 

 II r123.2 r143.1 r116.1 r142.6 r113.7 r115.7 r115.8 r115.7 

 III r124.7 r144.6 r116.0 r143.0 113.5 r114.7 r117.9 r115.9 

 IV r125.1 r145.1 r116.0 r143.5 r113.3 r114.7 r119.4 r116.5 

 ANNUAL r123.9 r143.8 r116.1 r142.7 r113.6 r115.1 r117.0 r115.8 

 2003 I r126.1 r145.8 r115.7 r145.0 r113.4 r115.1 r120.0 r116.9 

 II r128.2 r147.3 r114.9 r146.9 r114.7 r114.6 r121.6 r117.2 

 III r130.9 r151.0 r115.3 r147.9 r114.8 r112.9 r125.3 r117.6 

 IV 131.5 152.4 115.8 148.2 114.8 112.7 126.6 117.9 

 ANNUAL 129.2 149.1 115.4 147.0 114.4 113.8 123.4 117.4 

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

 Percent change from previous quarter at annual rate(5) 

 2001 I r-0.3 r-0.8 r-0.6 r5.6 r1.8 r5.9 r-3.0 r2.7 

 II r3.2 r-1.2 -4.3 r3.0 r-0.3 r-0.3 r9.6 r3.1 

 III r1.5 r-2.6 r-4.0 r2.9 r2.0 r1.5 r-0.4 r0.8 

 IV r7.3 r2.2 -4.8 r3.7 r4.2 r-3.4 r9.6 r1.1 

 ANNUAL r2.2 r0.1 -2.1 r4.1 r1.3 1.8 r2.1 r1.9 

 2002 I r8.3 r5.6 r-2.5 r0.8 r-0.5 r-7.0 r11.1 r-0.7 

 II r1.6 r1.4 -0.2 r2.5 r-1.0 r0.9 r2.9 r1.6 

 III r4.9 r4.3 -0.6 r1.3 r-0.8 r-3.4 r7.4 0.5 

 IV r1.3 r1.6 r0.3 r1.3 r-0.7 r0.0 r5.1 r1.9 

 ANNUAL r4.8 r2.3 r-2.4 r2.1 r0.5 r-2.5 r6.8 r0.8 

 2003 I r3.2 r1.9 -1.2 r4.4 r0.6 r1.2 r2.3 1.6 

 II r7.1 r4.2 -2.7 r5.2 r4.6 r-1.7 r5.2 r0.9 

 III r8.7 r10.3 1.4 r2.7 r0.4 r-5.5 r12.9 r1.3 

 IV 1.8 3.7 1.9 0.9 0.1 -0.8 3.9 1.0 

 ANNUAL 4.3 3.7 -0.6 3.0 0.7 -1.2 5.5 1.3 

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

 Percent change from corresponding quarter of previous year 

 2001 I r2.7 r1.9 -0.8 r4.6 r1.2 r1.8 r1.7 r1.8 

 II r1.5 r-0.2 -1.7 r4.9 r1.5 r3.3 r0.0 2.1 

 III r2.0 r-0.7 -2.6 r3.5 r0.8 r1.4 r3.0 r2.0 

 IV r2.9 r-0.6 -3.4 r3.8 r1.9 r0.9 r3.8 r1.9 

 ANNUAL r2.2 r0.1 -2.1 r4.1 r1.3 1.8 r2.1 r1.9 

 2002 I r5.0 r1.0 -3.9 2.6 1.4 r-2.3 r7.4 r1.1 

 II r4.6 r1.6 -2.9 r2.4 r1.2 r-2.1 r5.7 r0.7 

 III r5.5 r3.4 r-2.0 r2.0 r0.4 r-3.3 r7.7 r0.6 

 IV r4.0 r3.2 r-0.7 r1.5 r-0.8 r-2.4 r6.6 r0.8 

 ANNUAL r4.8 r2.3 r-2.4 r2.1 r0.5 r-2.5 r6.8 r0.8 

 2003 I 2.7 r2.3 r-0.4 r2.4 r-0.5 r-0.3 r4.4 r1.4 

 II r4.1 r3.0 -1.1 r3.1 r0.9 r-1.0 r5.0 r1.2 

 III 5.0 4.4 -0.6 r3.4 r1.2 r-1.5 r6.3 1.4 

 IV 5.2 5.0 -0.2 3.3 1.4 -1.8 6.0 1.2 

 ANNUAL 4.3 3.7 -0.6 3.0 0.7 -1.2 5.5 1.3 

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

 See footnotes following Table 6. February 5, 2004 

 r=revised Source: Bureau of Labor Statistics 
13 

 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 

 2001 I r116.3 r141.5 r121.7 r137.4 r111.9 r118.1 r108.7 r114.6 

 II r117.3 r141.2 r120.4 r138.3 r111.7 r117.9 r111.2 r115.5 

 III r117.8 r140.3 r119.1 r139.3 r112.3 r118.3 r111.0 r115.6 

 IV r119.7 r140.8 r117.6 r140.6 r113.5 r117.5 r113.4 r116.0 

 ANNUAL r117.8 r141.0 r119.7 r138.9 r112.3 r118.0 r111.1 r115.4 

 2002 I r122.5 r143.1 r116.8 r141.0 r113.4 r115.1 r116.9 r115.8 

 II r122.8 r143.4 r116.8 r141.9 r113.1 r115.6 r117.6 r116.3 

 III r124.1 r144.8 r116.7 r142.3 r112.9 r114.6 r119.9 r116.6 

 IV r124.6 r145.4 r116.7 142.8 112.7 r114.6 r121.4 r117.1 

 ANNUAL r123.5 r144.2 r116.7 r142.0 r113.0 r115.0 r119.0 r116.4 

 2003 I r125.6 r146.3 r116.5 r144.1 r112.7 r114.8 r122.3 r117.5 

 II r127.5 r147.6 r115.8 r145.8 r113.8 r114.4 r123.5 r117.7 

 III r130.4 r151.3 r116.1 r147.0 r114.1 r112.7 r127.2 r118.1 

 IV 131.3 152.9 116.5 147.5 114.2 112.4 128.1 118.2 

 ANNUAL 128.7 149.5 116.2 146.1 113.7 113.5 125.3 117.9 

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

 Percent change from previous quarter at annual rate(5) 

 2001 I r-0.2 r-0.8 r-0.6 r5.4 r1.6 r5.7 r-3.0 r2.5 

 II r3.4 r-1.0 -4.3 r2.7 r-0.5 r-0.6 r9.8 r2.9 

 III r1.6 r-2.5 r-4.0 r3.0 r2.1 r1.3 r-0.8 r0.6 

 IV r6.8 r1.6 r-4.9 r3.8 r4.4 r-2.8 r9.0 r1.3 

 ANNUAL r2.1 r0.1 -2.0 r3.9 r1.1 1.7 r2.1 1.9 

 2002 I r9.7 r6.7 r-2.8 r1.1 r-0.2 r-7.8 r13.0 r-0.7 

 II r0.8 r0.8 0.0 r2.4 r-1.1 r1.6 r2.3 r1.9 

 III r4.5 r4.0 r-0.5 r1.3 r-0.9 r-3.1 r8.2 r1.0 

 IV r1.5 r1.6 r0.1 r1.4 r-0.6 r-0.2 r4.9 r1.7 

 ANNUAL r4.9 r2.3 -2.5 r2.2 r0.6 r-2.5 r7.1 r0.9 

 2003 I r3.1 r2.4 -0.7 r3.7 r-0.2 r0.5 r3.0 r1.5 

 II r6.1 r3.8 -2.2 r4.8 r4.2 r-1.3 r4.0 r0.7 

 III r9.5 r10.4 0.8 r3.4 r1.0 r-5.6 r12.5 r1.1 

 IV 2.7 4.2 1.5 1.3 0.5 -1.3 2.8 0.3 

 ANNUAL 4.2 3.7 -0.5 2.9 0.6 -1.2 5.3 1.2 

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

 Percent change from corresponding quarter of previous year 

 2001 I r2.5 r2.0 -0.6 r4.3 r0.9 r1.7 r1.9 r1.8 

 II r1.5 r-0.1 -1.6 r4.7 r1.3 r3.1 r0.1 2.1 

 III r2.0 r-0.5 -2.5 r3.3 r0.5 r1.2 r3.0 r1.8 

 IV r2.8 r-0.7 -3.5 r3.7 r1.9 r0.8 r3.6 r1.8 

 ANNUAL r2.1 r0.1 -2.0 r3.9 r1.1 1.7 r2.1 1.9 

 2002 I r5.3 r1.1 -4.0 r2.6 r1.4 r-2.6 r7.6 r1.0 

 II r4.7 r1.6 r-2.9 r2.6 r1.3 r-2.0 r5.7 r0.7 

 III r5.4 r3.2 -2.1 r2.1 r0.5 r-3.1 r8.0 r0.8 

 IV r4.1 r3.2 r-0.8 r1.5 r-0.7 r-2.4 r7.0 r1.0 

 ANNUAL r4.9 r2.3 -2.5 r2.2 r0.6 r-2.5 r7.1 r0.9 

 2003 I r2.5 r2.2 -0.3 r2.2 r-0.7 r-0.3 r4.6 r1.5 

 II r3.8 r2.9 -0.9 r2.8 r0.6 r-1.0 r5.0 r1.2 

 III 5.0 r4.5 -0.5 r3.3 r1.1 r-1.7 r6.0 1.3 

 IV 5.3 5.2 -0.2 3.3 1.3 -2.0 5.5 0.9 

 ANNUAL 4.2 3.7 -0.5 2.9 0.6 -1.2 5.3 1.2 

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

 See footnotes following Table 6. February 5, 2004 

 r=revised Source: Bureau of Labor Statistics 
14 

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

 seasonally adjusted (6) 

 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 

 2001 I 134.8 135.2 100.2 138.5 112.8 102.7 

 II 136.2 133.3 97.9 137.6 111.1 101.0 

 III 137.5 131.1 95.4 137.6 110.9 100.1 

 IV 140.5 129.7 92.4 139.6 112.6 99.4 

 ANNUAL 137.2 132.3 96.5 138.3 111.9 100.8 

 2002 I 143.8 130.5 90.8 140.9 113.3 98.0 

 II 146.0 131.8 90.2 143.0 114.1 97.9 

 III 148.1 132.4 89.4 144.2 114.4 97.4 

 IV 148.4 131.3 88.5 145.4 114.8 98.0 

 ANNUAL 146.5 131.5 89.7 143.3 114.1 97.8 

 2003 I 149.9 131.3 87.6 147.5 115.3 98.4 

 II 150.8 130.1 86.3 149.3 116.6 99.0 

 III 154.4 131.5 85.2 151.1 117.3 97.9 

 IV 156.2 133.6 85.6 151.6 117.5 97.1 

 ANNUAL 152.8 131.7 86.2 149.9 116.6 98.1 

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

 Percent change from previous quarter at annual rate(5) 

 2001 I -1.4 -7.5 -6.2 4.1 0.4 5.6 

 II 4.0 -5.4 -9.0 -2.6 -5.7 -6.4 

 III 3.9 -6.3 -9.8 0.2 -0.7 -3.6 

 IV 9.0 -4.3 -12.2 5.8 6.4 -2.9 

 ANNUAL 2.2 -4.6 -6.6 2.4 -0.4 0.2 

 2002 I 9.8 2.5 -6.7 3.7 2.4 -5.5 

 II 6.5 4.0 -2.3 6.2 2.6 -0.2 

 III 5.6 1.7 -3.7 3.3 1.1 -2.2 

 IV 0.9 -3.1 -4.0 3.4 1.4 2.4 

 ANNUAL 6.8 -0.6 -7.0 3.6 2.0 -3.0 

 2003 I 4.0 0.1 -3.8 5.8 1.9 1.7 

 II 2.5 -3.6 -5.9 5.1 4.5 2.6 

 III 9.7 4.3 -5.0 4.8 2.4 -4.5 

 IV 4.8 6.6 1.7 1.5 0.7 -3.1 

 ANNUAL 4.3 0.1 -4.0 4.5 2.2 0.3 

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

 Percent change from corresponding quarter of previous year 

 2001 I 1.9 -2.0 -3.8 3.9 0.4 1.9 

 II 1.6 -4.6 -6.1 3.7 0.3 2.0 

 III 2.2 -5.7 -7.7 0.8 -1.8 -1.3 

 IV 3.8 -5.9 -9.3 1.8 0.0 -1.9 

 ANNUAL 2.2 -4.6 -6.6 2.4 -0.4 0.2 

 2002 I 6.6 -3.4 -9.4 1.7 0.5 -4.6 

 II 7.3 -1.1 -7.8 3.9 2.6 -3.1 

 III 7.7 0.9 -6.3 4.8 3.1 -2.7 

 IV 5.7 1.2 -4.2 4.1 1.9 -1.4 

 ANNUAL 6.8 -0.6 -7.0 3.6 2.0 -3.0 

 2003 I 4.3 0.6 -3.5 4.7 1.7 0.4 

 II 3.3 -1.3 -4.4 4.4 2.2 1.1 

 III 4.3 -0.6 -4.7 4.8 2.5 0.5 

 IV 5.2 1.8 -3.3 4.3 2.4 -0.9 

 ANNUAL 4.3 0.1 -4.0 4.5 2.2 0.3 

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

 See footnotes following Table 6. February 5, 2004 

 r=revised Source: Bureau of Labor Statistics 
15 

 Table 4. Durable manufacturing sector: Productivity, hourly compensation, and unit labor costs, 

 seasonally adjusted (6) 

 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 

 2001 I 150.7 160.5 106.5 137.7 112.1 91.4 

 II 151.8 157.5 103.7 136.9 110.6 90.2 

 III 153.1 154.0 100.6 136.8 110.3 89.4 

 IV 156.6 151.6 96.8 139.3 112.4 88.9 

 ANNUAL 153.0 155.9 101.9 137.7 111.4 90.0 

 2002 I 161.0 152.6 94.8 139.7 112.4 86.8 

 II 164.1 154.7 94.3 142.1 113.3 86.6 

 III 166.9 155.9 93.5 143.0 113.5 85.7 

 IV 169.5 156.1 92.1 144.3 113.9 85.1 

 ANNUAL 165.3 154.8 93.7 142.3 113.3 86.1 

 2003 I 171.8 156.6 91.2 146.1 114.2 85.0 

 II 173.2 155.1 89.6 148.1 115.6 85.5 

 III 178.9 158.3 88.5 149.7 116.2 83.7 

 IV 181.7 162.2 89.2 149.9 116.2 82.5 

 ANNUAL 176.4 158.0 89.6 148.4 115.5 84.2 

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

 Percent change from previous quarter at annual rate(5) 

 2001 I -2.0 -9.7 -7.8 3.1 -0.6 5.2 

 II 2.9 -7.3 -10.0 -2.3 -5.4 -5.1 

 III 3.5 -8.5 -11.6 -0.3 -1.2 -3.7 

 IV 9.5 -6.2 -14.3 7.3 7.9 -2.0 

 ANNUAL 1.5 -5.9 -7.3 1.7 -1.1 0.2 

 2002 I 11.6 2.8 -7.9 1.4 0.1 -9.2 

 II 7.9 5.5 -2.2 6.9 3.2 -0.9 

 III 7.1 3.3 -3.5 2.7 0.5 -4.1 

 IV 6.4 0.4 -5.6 3.7 1.6 -2.6 

 ANNUAL 8.1 -0.7 -8.1 3.3 1.7 -4.4 

 2003 I 5.6 1.4 -4.1 4.9 1.0 -0.7 

 II 3.2 -3.9 -6.8 5.7 5.1 2.4 

 III 13.9 8.4 -4.8 4.5 2.1 -8.3 

 IV 6.4 10.2 3.6 0.6 -0.3 -5.5 

 ANNUAL 6.7 2.1 -4.3 4.3 2.0 -2.2 

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

 Percent change from corresponding quarter of previous year 

 2001 I 1.2 -2.4 -3.6 2.5 -0.8 1.3 

 II 0.8 -5.7 -6.5 3.1 -0.3 2.3 

 III 1.2 -7.6 -8.7 -0.2 -2.8 -1.4 

 IV 3.4 -7.9 -11.0 1.9 0.1 -1.5 

 ANNUAL 1.5 -5.9 -7.3 1.7 -1.1 0.2 

 2002 I 6.8 -4.9 -11.0 1.4 0.2 -5.0 

 II 8.1 -1.8 -9.1 3.8 2.5 -4.0 

 III 9.0 1.2 -7.1 4.5 2.9 -4.1 

 IV 8.2 3.0 -4.8 3.6 1.4 -4.2 

 ANNUAL 8.1 -0.7 -8.1 3.3 1.7 -4.4 

 2003 I 6.8 2.6 -3.9 4.5 1.6 -2.1 

 II 5.6 0.3 -5.0 4.2 2.0 -1.3 

 III 7.2 1.5 -5.3 4.7 2.4 -2.4 

 IV 7.2 3.9 -3.1 3.9 2.0 -3.1 

 ANNUAL 6.7 2.1 -4.3 4.3 2.0 -2.2 

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

 See footnotes following Table 6. February 5, 2004 

 r=revised Source: Bureau of Labor Statistics 
16 

 Table 5. Nondurable manufacturing sector: Productivity, hourly compensation, and unit labor costs, 

 seasonally adjusted (6) 

 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 

 2001 I 119.8 109.0 91.0 137.6 112.0 114.8 

 II 121.2 108.2 89.3 136.6 110.3 112.7 

 III 122.2 107.2 87.7 137.1 110.5 112.2 

 IV 124.3 106.7 85.8 138.4 111.7 111.3 

 ANNUAL 121.9 107.8 88.4 137.4 111.1 112.8 

 2002 I 126.4 107.2 84.8 141.4 113.7 111.8 

 II 127.9 107.8 84.3 143.1 114.1 111.8 

 III 129.1 107.7 83.4 144.6 114.7 112.0 

 IV 127.1 105.7 83.1 145.8 115.1 114.7 

 ANNUAL 127.6 107.1 83.9 143.7 114.4 112.6 

 2003 I 127.8 105.3 82.4 148.5 116.1 116.2 

 II 128.2 104.4 81.5 150.1 117.2 117.1 

 III 129.8 104.3 80.4 152.0 118.0 117.1 

 IV 131.0 105.0 80.1 153.1 118.6 116.9 

 ANNUAL 129.2 104.8 81.1 150.9 117.5 116.8 

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

 Percent change from previous quarter at annual rate(5) 

 2001 I -1.6 -4.9 -3.3 6.8 3.0 8.6 

 II 4.7 -3.0 -7.3 -3.0 -6.1 -7.3 

 III 3.2 -3.7 -6.7 1.7 0.8 -1.5 

 IV 7.1 -2.0 -8.5 3.7 4.2 -3.3 

 ANNUAL 2.6 -3.0 -5.4 4.1 1.3 1.5 

 2002 I 6.9 2.0 -4.6 8.9 7.5 1.8 

 II 4.8 2.2 -2.5 4.9 1.3 0.1 

 III 4.0 -0.2 -4.0 4.5 2.3 0.5 

 IV -6.1 -7.3 -1.3 3.3 1.3 10.0 

 ANNUAL 4.7 -0.6 -5.1 4.6 2.9 -0.2 

 2003 I 2.0 -1.5 -3.5 7.6 3.7 5.5 

 II 1.3 -3.2 -4.5 4.3 3.7 3.0 

 III 5.2 -0.4 -5.3 5.3 2.9 0.1 

 IV 3.8 2.6 -1.1 2.9 2.0 -0.9 

 ANNUAL 1.2 -2.2 -3.3 5.0 2.7 3.8 

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

 Percent change from corresponding quarter of previous year 

 2001 I 2.6 -1.8 -4.3 6.5 3.0 3.8 

 II 2.3 -3.3 -5.5 5.1 1.7 2.7 

 III 2.7 -3.5 -6.0 3.2 0.5 0.4 

 IV 3.3 -3.4 -6.5 2.2 0.4 -1.0 

 ANNUAL 2.6 -3.0 -5.4 4.1 1.3 1.5 

 2002 I 5.5 -1.7 -6.8 2.7 1.5 -2.6 

 II 5.5 -0.4 -5.6 4.7 3.4 -0.7 

 III 5.7 0.5 -4.9 5.5 3.8 -0.2 

 IV 2.3 -0.9 -3.1 5.4 3.1 3.0 

 ANNUAL 4.7 -0.6 -5.1 4.6 2.9 -0.2 

 2003 I 1.1 -1.8 -2.8 5.1 2.1 4.0 

 II 0.2 -3.1 -3.3 4.9 2.7 4.7 

 III 0.5 -3.1 -3.6 5.1 2.9 4.6 

 IV 3.1 -0.7 -3.6 5.0 3.1 1.9 

 ANNUAL 1.2 -2.2 -3.3 5.0 2.7 3.8 

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

 See footnotes following Table 6. February 5, 2004 

 r=revised Source: Bureau of Labor Statistics 
17 

 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(7) (8) (9) (4) 

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

 Indexes 1992=100 

 2001 I r121.3 r150.7 r124.2 r135.0 r109.9 r111.3 r108.2 r110.5 r90.9 r108.7 

 II r121.9 r149.7 r122.8 r136.3 r110.1 r111.8 r109.8 111.3 r91.2 r109.5 

 III r122.7 r148.8 r121.2 r137.7 r111.0 r112.2 r111.3 r112.0 r87.2 r109.8 

 IV r124.9 r149.3 r119.5 r138.9 r112.1 r111.2 r111.4 r111.3 r96.4 r109.9 

 ANNUAL r122.7 r149.6 r121.9 r136.9 r110.8 r111.6 r110.2 r111.2 r91.4 r109.5 

 2002 I r126.3 r150.2 r118.9 r138.0 r111.0 r109.3 r111.9 r110.0 r105.3 r109.5 

 II r128.2 r152.2 r118.7 r139.5 r111.3 r108.8 r111.5 r109.6 r112.3 r109.8 

 III r129.7 153.4 r118.3 r140.5 r111.5 r108.3 r111.5 r109.2 r111.8 r109.4 

 IV r131.0 154.5 r117.9 r141.6 r111.8 r108.1 r111.3 r109.0 r116.2 r109.6 

 ANNUAL r128.8 r152.6 r118.5 r139.9 r111.4 r108.6 r111.5 109.4 r111.4 r109.6 

 2003 I r131.7 r154.7 r117.5 r142.8 r111.6 r108.4 r110.7 r109.0 r114.0 r109.5 

 II r134.7 r157.3 r116.8 r144.7 r113.0 r107.4 r108.0 r107.6 r130.7 r109.6 

 III r137.5 r160.5 r116.7 r146.0 r113.4 r106.2 r107.6 r106.6 r143.7 r109.9 

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

 Percent change from previous quarter at annual rate(5) 

 2001 I r0.0 r-2.1 r-2.2 r2.6 r-1.1 r2.5 r4.1 r3.0 r-24.6 r0.5 

 II r2.1 r-2.7 r-4.7 r4.0 r0.7 r1.8 r6.0 r2.9 r1.0 r2.8 

 III r2.8 r-2.3 r-4.9 r4.3 r3.4 r1.4 r5.7 r2.6 r-16.1 r1.1 

 IV r7.3 r1.4 r-5.5 r3.5 r4.1 r-3.6 r0.4 r-2.5 r48.8 r0.6 

 ANNUAL r1.8 r-0.7 r-2.4 r4.0 r1.2 r2.2 r5.1 r3.0 r-16.4 1.2 

 2002 I r4.4 r2.3 r-2.0 r-2.6 r-3.8 r-6.7 r1.5 r-4.6 r42.4 r-1.4 

 II r6.2 r5.6 r-0.6 r4.6 r1.0 r-1.5 r-1.4 r-1.5 r29.5 r0.9 

 III r4.8 r3.2 r-1.6 r2.9 r0.7 r-1.8 r0.0 r-1.3 r-1.7 r-1.4 

 IV r4.0 2.8 r-1.1 r3.0 r1.0 r-0.9 r-0.4 r-0.8 r16.7 r0.7 

 ANNUAL r5.0 r2.0 r-2.8 r2.2 r0.6 r-2.7 r1.2 r-1.6 r21.9 r0.1 

 2003 I r2.1 r0.5 r-1.6 r3.4 r-0.4 r1.3 r-2.4 r0.3 r-7.4 r-0.5 

 II r9.6 r7.1 r-2.3 r5.6 r4.9 r-3.7 r-9.3 r-5.2 r72.6 r0.6 

 III r8.6 r8.5 r-0.1 r3.6 r1.2 r-4.6 r-1.3 r-3.7 r46.2 r0.9 

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

 Percent change from corresponding quarter of previous year 

 2001 I r1.6 r0.9 r-0.7 r4.4 r0.9 r2.7 r5.6 r3.5 r-21.1 r1.1 

 II 1.5 r-0.4 r-1.9 r4.8 r1.4 r3.2 r5.4 r3.8 r-21.8 1.3 

 III r1.3 r-1.8 r-3.1 r3.7 r1.0 r2.4 r5.6 r3.2 r-19.2 r1.2 

 IV r3.0 r-1.4 r-4.3 r3.6 r1.7 r0.5 r4.0 r1.5 r-1.2 r1.2 

 ANNUAL r1.8 r-0.7 r-2.4 r4.0 r1.2 r2.2 r5.1 r3.0 r-16.4 1.2 

 2002 I r4.1 r-0.3 r-4.3 r2.2 r1.0 r-1.8 r3.4 r-0.5 r15.8 r0.8 

 II r5.2 r1.7 r-3.3 r2.4 r1.1 -2.6 r1.5 r-1.5 r23.2 r0.3 

 III r5.7 r3.1 r-2.4 r2.1 r0.5 r-3.4 r0.1 r-2.5 r28.2 r-0.3 

 IV r4.8 r3.5 r-1.3 r1.9 r-0.3 r-2.8 r-0.1 r-2.1 r20.6 r-0.3 

 ANNUAL r5.0 r2.0 r-2.8 r2.2 r0.6 r-2.7 r1.2 r-1.6 r21.9 r0.1 

 2003 I r4.3 r3.0 r-1.2 r3.5 r0.6 r-0.7 r-1.1 r-0.8 r8.3 r-0.1 

 II r5.1 r3.4 r-1.7 r3.7 r1.5 r-1.3 r-3.1 r-1.8 r16.4 r-0.1 

 III r6.0 r4.6 r-1.3 r3.9 r1.7 r-2.0 r-3.4 r-2.4 r28.5 0.4 

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

 See footnotes following Table 6. February 5, 2004 

 r=revised Source: Bureau of Labor Statistics 
18 

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 –1.5 and +1.5 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 third quarter of 2003. 

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 1978-2002 is based on the Consumer Price Index research 

series (CPI-U-RS). 

(3) Unit nonlabor payments include profits, capital consumption allowances, interest, rental 

income of persons, and indirect taxes. 

(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) Data for the manufacturing sectors are not comparable to those published in releases of 

Dec. 3, 2003 and earlier. 

(7) Unit nonlabor costs include capital consumption allowances, interest, rental income of 

persons, and indirect taxes. For nonfinancial corporations, rental income of persons is 

zero by definition. 

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

(9) Unit profits include corporate profits with inventory valuation and capital consumption 

adjustments.
19 

 Appendix table 1. 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 r32.2 r20.4 r63.5 7.0 40.6 r21.7 r18.7 r20.6 

 1948 r33.7 r21.5 r63.9 7.6 40.7 r22.5 r20.7 r21.8 

 1949 r34.4 r21.3 r61.9 7.7 r41.8 r22.3 r20.5 r21.6 

 1950 r37.2 r23.4 r62.8 8.2 44.2 r22.1 r21.6 r21.9 

 1951 r38.4 r24.9 r64.8 9.0 44.9 r23.4 r23.8 r23.6 

 1952 r39.5 r25.7 r65.0 9.6 r46.7 r24.2 r23.2 r23.8 

 1953 r40.9 r26.9 r65.8 10.2 r49.3 r24.9 r22.6 r24.0 

 1954 r41.8 r26.6 r63.6 10.5 r50.5 r25.1 r22.6 r24.2 

 1955 r43.5 r28.7 r66.0 10.8 r52.0 r24.8 r24.0 r24.5 

 1956 r43.5 r29.1 r67.0 11.5 r54.6 r26.4 r23.5 r25.3 

 1957 r44.9 r29.6 r66.1 12.2 r56.3 r27.2 r24.2 r26.1 

 1958 r46.1 r29.1 r63.1 12.8 r57.2 r27.7 r24.8 r26.6 

 1959 r47.8 r31.4 r65.7 13.3 r59.1 r27.8 r25.2 r26.8 

 1960 r48.7 r32.0 r65.9 r13.8 r60.5 r28.4 r24.9 r27.1 

 1961 r50.4 r32.7 r64.9 14.4 r62.2 r28.5 r25.3 r27.3 

 1962 r52.7 r34.8 r66.1 r15.0 r64.3 r28.5 r26.1 r27.6 

 1963 r54.7 r36.4 r66.5 r15.5 r65.8 r28.4 r26.6 r27.7 

 1964 r56.6 r38.7 r68.4 r16.1 r67.4 r28.5 r27.3 r28.1 

 1965 r58.5 r41.4 r70.8 r16.7 r68.8 r28.6 r28.4 r28.5 

 1966 r60.9 r44.2 r72.6 r17.8 r71.3 r29.3 r29.0 r29.2 

 1967 r62.2 r45.1 r72.4 r18.9 r73.1 r30.3 r29.5 r30.0 

 1968 r64.4 r47.3 r73.5 20.4 r75.9 r31.7 r30.4 r31.2 

 1969 r64.7 r48.8 r75.4 r21.8 r77.0 r33.7 r30.8 r32.6 

 1970 r66.0 r48.7 r73.9 r23.5 r78.4 r35.6 r31.5 r34.1 

 1971 r68.8 r50.6 r73.6 25.0 r79.9 r36.3 r34.2 r35.5 

 1972 r71.0 r53.9 r75.9 26.6 82.3 r37.4 r35.7 r36.8 

 1973 r73.2 r57.6 r78.7 28.8 r84.0 r39.4 r37.6 r38.7 

 1974 r72.1 r56.8 r78.9 31.6 r83.0 r43.8 r40.0 r42.4 

 1975 r74.6 r56.3 r75.5 34.8 r83.8 r46.7 r46.3 r46.6 

 1976 r76.9 r60.0 r78.0 r37.8 r86.1 r49.2 r48.8 r49.0 

 1977 r78.2 r63.3 r81.0 r40.8 r87.3 r52.2 r51.6 r52.0 

 1978 r79.1 r67.3 r85.1 r44.4 r88.8 r56.1 r54.8 r55.6 

 1979 r79.1 r69.6 r88.0 r48.7 r89.0 r61.6 r58.3 r60.4 

 1980 r79.0 r68.8 r87.2 r54.0 88.9 r68.4 r61.3 r65.8 

 1981 r80.6 r70.7 r87.8 r59.1 89.0 r73.4 r69.2 r71.8 

 1982 r80.2 r68.6 r85.5 r63.6 r90.4 r79.3 r70.2 r75.9 

 1983 r83.1 r72.3 r87.0 r66.2 r90.3 r79.7 r76.5 r78.5 

 1984 r85.3 r78.6 r92.1 r69.1 r90.6 r81.0 r80.4 r80.8 

 1985 r87.3 r82.2 r94.1 r72.5 r92.0 r83.0 r82.2 r82.7 

 1986 r89.9 r85.3 r94.8 r76.3 r95.0 r84.8 r82.8 r84.1 

 1987 r90.3 r88.3 r97.7 r79.0 r95.2 r87.5 r83.3 r85.9 

 1988 r91.7 r92.1 r100.4 r83.1 r96.6 r90.6 r85.3 r88.6 

 1989 r92.7 r95.4 r103.0 r85.4 r95.2 r92.1 r91.5 r91.9 

 1990 r94.4 r96.9 r102.6 r90.5 r96.1 r95.9 r93.9 r95.1 

 1991 r96.0 r96.1 100.1 r95.1 r97.5 r99.0 r96.8 r98.2 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 r100.3 103.1 r102.8 r102.2 r99.7 101.9 102.5 r102.1 

 1994 r101.4 r108.2 r106.7 r103.8 r99.2 r102.3 r106.6 r103.9 

 1995 r101.7 r111.4 r109.5 r106.0 r98.9 r104.3 r108.2 r105.7 

 1996 r104.5 r116.5 r111.5 r109.5 r99.5 r104.8 r111.9 r107.4 

 1997 r106.5 r122.7 r115.2 r113.0 r100.5 r106.1 r113.9 r109.0 

 1998 r109.3 r128.6 r117.7 r119.7 r105.0 r109.5 r109.9 r109.7 

 1999 r112.5 r135.2 r120.2 r125.5 r107.8 r111.6 r109.2 r110.7 

 2000 r115.7 r140.5 r121.4 r134.2 r111.6 r116.0 r107.2 r112.7 

 2001 r118.3 r140.6 r118.9 r139.7 r113.0 r118.1 r109.5 r114.9 

 2002 r123.9 r143.8 r116.1 r142.7 r113.6 r115.1 r117.0 r115.8 

 2003 129.2 149.1 115.4 147.0 114.4 113.8 123.4 117.4 

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

 See footnotes following Table 6. February 5, 2004 

 Source: Bureau of Labor Statistics 
20 

 Appendix table 2. 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 r36.8 r20.1 r54.5 7.4 43.1 r20.2 r17.8 r19.3 

 1948 r37.8 r20.9 r55.4 8.1 r43.3 r21.3 r19.4 r20.6 

 1949 r39.1 r20.8 r53.2 8.3 r45.2 r21.2 r19.9 r20.8 

 1950 r41.7 r22.9 r55.0 8.8 r47.2 r21.1 r20.8 r21.0 

 1951 r42.8 r24.6 r57.6 9.6 r47.6 r22.3 r22.4 r22.4 

 1952 r43.5 r25.3 r58.2 10.1 49.3 r23.1 r22.3 r22.8 

 1953 r44.5 r26.6 r59.7 r10.6 r51.6 r23.9 r22.2 r23.3 

 1954 r45.4 r26.1 r57.6 11.0 r52.9 r24.2 r22.3 r23.5 

 1955 r47.2 r28.3 r60.0 11.4 r55.0 r24.1 r23.6 r23.9 

 1956 r46.9 r28.8 r61.4 12.1 r57.5 r25.8 r23.1 r24.8 

 1957 r48.1 r29.4 r61.1 12.8 r58.9 r26.6 r23.8 r25.6 

 1958 r49.1 r28.7 r58.5 13.3 r59.6 r27.1 r24.1 r26.0 

 1959 r51.0 r31.2 r61.2 13.8 r61.4 r27.1 r24.9 r26.3 

 1960 r51.6 r31.8 r61.6 r14.4 r63.0 r27.9 r24.3 r26.6 

 1961 r53.2 r32.4 r60.9 r14.9 r64.5 r28.0 r24.8 r26.8 

 1962 r55.6 r34.6 r62.3 r15.5 r66.4 r27.8 r25.7 r27.1 

 1963 r57.5 r36.2 r63.0 r16.0 r67.7 r27.8 r26.3 r27.3 

 1964 r59.2 r38.7 r65.3 r16.5 r69.0 r27.9 r27.1 r27.6 

 1965 r61.1 r41.4 r67.8 r17.1 r70.1 r27.9 r28.0 r28.0 

 1966 r63.2 r44.4 r70.1 r18.1 r72.2 r28.6 r28.7 r28.6 

 1967 r64.3 r45.1 r70.1 r19.1 r74.2 r29.7 r29.2 r29.5 

 1968 r66.5 r47.5 r71.4 r20.6 r76.8 r31.0 r30.2 r30.7 

 1969 r66.6 r48.9 r73.4 r22.0 r77.7 r33.1 r30.4 r32.1 

 1970 r67.7 r48.9 r72.2 r23.6 r78.8 r34.9 r31.1 r33.5 

 1971 r70.4 r50.7 r72.0 r25.1 r80.4 r35.7 r33.8 r35.0 

 1972 r72.8 r54.1 r74.3 26.8 82.9 r36.8 r34.9 r36.1 

 1973 r75.0 r58.0 r77.4 r28.9 r84.4 r38.6 r35.3 r37.4 

 1974 r73.9 r57.3 r77.4 31.8 83.5 r43.0 38.1 r41.2 

 1975 r76.0 r56.3 r74.1 35.0 r84.2 r46.1 r44.8 r45.6 

 1976 r78.5 r60.2 r76.7 r37.9 r86.4 r48.4 r47.8 r48.1 

 1977 r79.7 r63.6 r79.8 r41.0 r87.7 r51.5 50.7 r51.2 

 1978 r80.8 r67.8 r83.9 44.7 r89.3 r55.3 r53.4 r54.6 

 1979 r80.5 r70.0 r86.9 r48.9 r89.4 r60.8 r56.5 r59.2 

 1980 r80.3 r69.2 r86.2 r54.2 r89.2 r67.5 r60.4 r64.9 

 1981 r81.4 r70.7 r86.8 59.5 r89.5 r73.1 67.8 r71.1 

 1982 r80.9 r68.4 r84.6 64.0 r90.9 r79.1 r69.4 r75.5 

 1983 r84.6 r72.9 r86.2 r66.6 r90.9 r78.8 r76.2 r77.9 

 1984 r86.2 r78.9 r91.4 r69.4 r91.1 r80.5 r79.4 r80.1 

 1985 r87.7 r82.2 r93.7 r72.7 r92.3 r82.9 r81.7 r82.5 

 1986 r90.3 r85.4 r94.5 r76.5 r95.3 r84.6 r82.5 r83.9 

 1987 r90.6 r88.4 r97.5 r79.2 r95.4 r87.3 r82.9 r85.7 

 1988 r92.1 r92.4 r100.4 r83.1 r96.6 r90.2 r85.1 r88.3 

 1989 r92.8 r95.7 r103.1 r85.3 r95.1 r91.9 r90.9 r91.5 

 1990 r94.4 r97.1 r102.8 r90.3 r95.9 r95.6 r93.6 r94.9 

 1991 r96.2 r96.3 100.1 r95.1 r97.5 r98.8 r97.0 r98.1 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 r100.3 r103.4 r103.0 r101.9 r99.5 r101.6 r102.9 r102.1 

 1994 r101.5 r108.3 r106.7 r103.7 r99.1 r102.2 r107.1 r104.0 

 1995 r102.1 111.8 r109.5 r106.0 r98.9 r103.8 r109.2 r105.8 

 1996 r104.7 r116.8 r111.6 r109.4 r99.4 r104.5 r112.1 r107.3 

 1997 r106.4 r122.8 r115.4 r112.8 r100.3 r106.0 r114.6 r109.1 

 1998 r109.2 r128.9 r118.1 r119.4 r104.7 r109.3 r110.9 r109.9 

 1999 r112.2 r135.6 r120.8 r125.0 r107.3 r111.3 r110.8 r111.1 

 2000 r115.3 r140.8 r122.1 r133.7 r111.2 r116.0 r108.8 r113.3 

 2001 r117.8 r141.0 r119.7 r138.9 r112.3 r118.0 r111.1 r115.4 

 2002 r123.5 r144.2 r116.7 r142.0 r113.0 r115.0 r119.0 r116.4 

 2003 128.7 149.5 116.2 146.1 113.7 113.5 125.3 117.9 

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

 See footnotes following Table 6. February 5, 2004 

 Source: Bureau of Labor Statistics 
21 

 Appendix table 3. Manufacturing sector: Productivity, hourly compensation, and unit labor costs, 

 Indexes 1992=100 (6) 

 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 88.0 91.7 104.2 80.4 96.8 91.3 

 1988 89.8 96.3 107.3 83.3 96.9 92.8 

 1989 90.3 97.2 107.7 86.0 95.9 95.3 

 1990 92.9 97.6 105.0 90.1 95.7 97.0 

 1991 95.6 96.0 100.4 95.6 98.0 100.0 

 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 106.0 110.0 103.8 105.6 100.9 99.6 

 1995 110.1 115.0 104.4 107.7 100.5 97.8 

 1996 113.9 118.6 104.1 109.9 99.8 96.5 

 1997 117.9 125.1 106.1 112.0 99.7 95.0 

 1998 123.5 130.7 105.9 118.8 104.2 96.2 

 1999 128.2 134.6 104.9 123.8 106.4 96.6 

 2000 134.2 138.6 103.3 135.1 112.3 100.6 

 2001 137.2 132.3 96.5 138.3 111.9 100.8 

 2002 146.5 131.5 89.7 143.3 114.1 97.8 

 2003 152.8 131.7 86.2 149.9 116.6 98.1 

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

 NOTE: Data not comparable to releases of Dec. 3, 2003 and earlier. 

 See footnotes following Table 6. February 5, 2004 

 Source: Bureau of Labor Statistics 
22 

 Appendix table 4. Durable manufacturing sector: Productivity, hourly compensation, 

 and unit labor costs, Indexes 1992=100 (6) 

 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 88.6 95.1 107.3 80.0 96.5 90.4 

 1988 90.6 100.9 111.4 82.4 95.8 90.9 

 1989 90.7 101.1 111.5 85.1 94.9 93.8 

 1990 93.1 100.1 107.4 89.2 94.8 95.8 

 1991 94.7 95.9 101.2 95.1 97.5 100.4 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 104.4 106.0 101.6 101.9 99.4 97.6 

 1994 109.5 114.8 104.9 105.3 100.6 96.2 

 1995 115.3 122.8 106.5 106.6 99.5 92.5 

 1996 120.5 129.5 107.5 107.8 97.9 89.5 

 1997 126.0 139.5 110.7 110.4 98.2 87.6 

 1998 134.8 150.2 111.4 117.8 103.3 87.3 

 1999 143.2 158.5 110.7 123.5 106.1 86.2 

 2000 150.7 165.7 109.9 135.4 112.6 89.8 

 2001 153.0 155.9 101.9 137.7 111.4 90.0 

 2002 165.3 154.8 93.7 142.3 113.3 86.1 

 2003 176.4 158.0 89.6 148.4 115.5 84.2 

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

 NOTE: Data not comparable to releases of Dec. 3, 2003 and earlier. 

 See footnotes following Table 6. February 5, 2004 

 Source: Bureau of Labor Statistics 
23 

 Appendix table 5. Nondurable manufacturing sector: Productivity, hourly compensation, 

 and unit labor costs, Indexes 1992=100 (6) 

 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 99.6 80.3 96.8 88.7 

 1988 92.2 93.3 101.2 84.2 98.0 91.3 

 1989 92.7 94.7 102.2 87.1 97.1 94.0 

 1990 94.7 96.1 101.5 91.1 96.7 96.2 

 1991 97.5 96.6 99.1 96.3 98.7 98.8 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 100.6 101.9 101.2 102.9 100.4 102.3 

 1994 102.3 104.5 102.2 105.9 101.2 103.5 

 1995 105.0 106.3 101.2 109.1 101.8 103.9 

 1996 107.5 106.5 99.1 112.9 102.5 105.0 

 1997 110.9 110.0 99.2 113.9 101.3 102.7 

 1998 113.3 110.6 97.7 119.2 104.6 105.2 

 1999 114.4 110.3 96.5 122.6 105.4 107.2 

 2000 118.8 111.1 93.5 132.0 109.7 111.1 

 2001 121.9 107.8 88.4 137.4 111.1 112.8 

 2002 127.6 107.1 83.9 143.7 114.4 112.6 

 2003 129.2 104.8 81.1 150.9 117.5 116.8 

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

 NOTE: Data not comparable to releases of Dec. 3, 2003 and earlier. 

 See footnotes following Table 6. February 5, 2004 

 Source: Bureau of Labor Statistics 
24 

 Appendix table 6. 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(7) (8) (9) (4) 

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

 1958 r53.2 r25.7 r48.4 r14.9 r66.7 r28.0 r23.2 r26.7 r46.5 r28.5 

 1959 r55.7 r28.6 r51.3 r15.5 r68.8 r27.7 r21.9 r26.2 r55.0 r28.7 

 1960 r56.6 r29.5 r52.1 r16.1 r70.3 r28.4 r23.0 r26.9 r49.5 r28.9 

 1961 r58.4 r30.1 r51.6 r16.6 r71.9 r28.4 r23.5 r27.1 r49.5 r29.1 

 1962 r60.9 r32.7 r53.7 r17.2 r73.9 r28.3 r23.1 r26.9 r53.7 r29.3 

 1963 r63.0 r34.6 r54.9 r17.8 r75.2 r28.2 r23.1 r26.8 r56.5 r29.5 

 1964 r64.0 r37.0 r57.9 r18.1 r75.6 r28.3 r22.9 r26.8 r58.8 r29.7 

 1965 r65.6 r40.1 r61.2 r18.6 r76.6 r28.4 r22.8 r26.9 r63.2 r30.2 

 1966 66.7 r42.9 r64.4 r19.7 r78.6 r29.5 r23.0 r27.8 r62.7 r30.9 

 1967 r67.6 r44.0 r65.1 r20.8 r80.5 r30.7 r24.3 r29.0 r59.1 r31.7 

 1968 70.0 r46.8 r66.9 r22.3 r83.2 r31.9 r25.9 r30.3 r59.1 r32.9 

 1969 r70.0 r48.6 r69.4 r23.9 r84.3 r34.1 r28.1 r32.5 r53.3 r34.4 

 1970 70.4 r48.1 r68.4 r25.6 r85.3 r36.3 r31.7 r35.1 r43.7 r35.9 

 1971 73.3 r50.1 r68.2 r27.2 r86.9 r37.0 r33.1 r36.0 r49.8 r37.2 

 1972 r74.8 53.8 r72.0 r28.6 r88.7 r38.3 r33.4 r37.0 r53.3 r38.4 

 1973 r75.5 r57.1 r75.6 r30.8 r89.9 r40.8 r35.2 r39.3 r54.1 r40.6 

 1974 r74.0 r56.1 r75.9 r33.8 r88.7 r45.7 40.5 r44.3 r47.7 r44.6 

 1975 r76.9 r55.4 r72.0 r37.1 r89.3 r48.2 45.9 r47.6 r62.2 r48.9 

 1976 r79.3 r59.8 r75.3 r40.1 r91.4 r50.6 r45.7 r49.3 r70.4 r51.2 

 1977 r81.4 r64.2 r78.8 r43.3 r92.6 r53.2 r47.7 r51.7 r76.2 r53.9 

 1978 r82.5 r68.3 r82.8 r47.4 r94.7 r57.5 r50.5 r55.6 r78.0 r57.6 

 1979 r81.6 r70.4 r86.2 r51.7 r94.5 r63.3 55.1 r61.1 r73.1 r62.2 

 1980 r81.0 69.2 r85.5 r57.0 r93.8 r70.4 r64.5 r68.8 r66.5 r68.6 

 1981 r82.3 r71.4 r86.8 r62.1 r93.5 r75.5 r73.6 r75.0 r81.2 r75.5 

 1982 r83.2 r69.9 r84.1 r66.5 r94.4 r79.9 r81.3 r80.3 r75.1 r79.8 

 1983 r86.1 r73.5 r85.4 r68.9 r94.0 r80.0 r81.2 r80.3 r90.7 r81.2 

 1984 r88.4 r80.3 90.9 r71.8 r94.2 r81.3 r80.7 r81.1 r106.7 r83.4 

 1985 r90.5 r84.0 r92.8 r75.2 r95.5 r83.1 r82.8 r83.0 r101.3 r84.7 

 1986 r92.5 r86.1 r93.1 r79.0 r98.4 r85.4 r85.3 r85.4 r89.2 r85.7 

 1987 r94.3 90.7 r96.1 r81.5 r98.2 r86.4 r84.9 86.0 r99.0 r87.2 

 1988 r96.5 r95.7 r99.1 r84.9 r98.7 r87.9 r86.1 r87.4 r110.6 r89.5 

 1989 r95.2 r97.2 r102.1 r87.1 r97.1 r91.4 r92.8 r91.8 r100.6 r92.6 

 1990 95.5 r98.1 r102.7 r91.0 r96.7 r95.3 r97.1 r95.8 r96.7 r95.9 

 1991 r97.9 r97.4 r99.5 r95.6 r98.0 r97.6 r102.3 r98.9 r92.8 r98.4 

 1992 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 

 1993 r100.5 103.0 r102.5 r101.7 r99.2 r101.2 r99.7 r100.8 r113.9 r101.9 

 1994 r102.5 r109.5 r106.8 r103.5 r98.9 101.0 r100.5 r100.8 r131.3 r103.6 

 1995 r103.4 r114.3 r110.5 r105.4 r98.3 r102.0 r101.3 r101.8 r136.9 r104.9 

 1996 r107.1 r120.7 r112.7 r108.4 r98.5 r101.2 r99.9 r100.9 r149.9 r105.3 

 1997 r109.8 r128.4 r117.0 r111.7 r99.3 r101.7 r99.8 r101.2 r154.4 r105.9 

 1998 r112.8 r135.3 r119.9 r117.9 r103.4 r104.5 r99.9 r103.2 r137.5 r106.3 

 1999 r116.4 r143.2 r123.0 r123.3 r106.0 r106.0 r101.0 r104.6 r129.8 r106.9 

 2000 r120.6 r150.7 r125.0 r131.7 r109.5 r109.2 r104.8 r108.0 r109.3 r108.1 

 2001 r122.7 r149.6 r121.9 r136.9 r110.8 r111.6 r110.2 r111.2 r91.4 r109.5 

 2002 r128.8 r152.6 r118.5 r139.9 r111.4 r108.6 r111.5 109.4 r111.4 r109.6 

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

 See footnotes following Table 6. February 5, 2004 

 Source: Bureau of Labor Statistics