Transmission of material in this release is embargoed until USDL 14-1431

8:30 a.m. (EDT) Friday, August 8, 2014

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

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

PRODUCTIVITY AND COSTS

Second Quarter 2014, Preliminary

Nonfarm business sector labor productivity increased at a 2.5 percent annual rate during the second

quarter of 2014, the U.S. Bureau of Labor Statistics reported today, as hours increased 2.7 percent and 

output increased 5.2 percent. (All quarterly percent changes in this release are seasonally adjusted 

annual rates.) From the second quarter of 2013 to the second quarter of 2014, productivity increased 1.2

percent as output and hours worked rose 3.2 percent and 2.0 percent, respectively. (See chart 1 and table 

A.) 

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

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

Historical Revisions to Productivity and Costs Data

Data in this release reflect the comprehensive revision to the National Income and Product Accounts 

(NIPA) released by the Bureau of Economic Analysis of the U.S. Department of Commerce on July 30, 

2014. See “Revised measures” section (page 2).

Chart 1. Output per hour, nonfarm business, all persons, 

2010Q1 – 2014Q2

-14.0

-12.0

-10.0

-8.0

-6.0

-4.0

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

2010 2011 2012 2013 2014

From previous quarter, annual rate

From same quarter a year ago

Percent change Percent change

Chart 2. Unit labor costs, nonfarm business, all persons, 

2010Q1 – 2014Q2

-14.0

-12.0

-10.0

-8.0

-6.0

-4.0

-2.0

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

2010 2011 2012 2013 2014

From previous quarter, annual rate

From same quarter a year ago
Unit labor costs in nonfarm businesses increased 0.6 percent in the second quarter of 2014, as the 3.1 

percent increase in hourly compensation was larger than the increase in productivity. Unit labor costs 

increased 1.9 percent over the last four quarters. (See chart 2 and tables A and 2.)

BLS defines 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 productivity increased 3.6 percent in the second quarter of 2014, as output 

increased 7.0 percent and hours worked increased 3.2 percent. Productivity increased 2.9 percent in the 

durable goods sector and increased 5.9 percent in the nondurable goods sector. Over the last four 

quarters, manufacturing productivity increased 2.1 percent, as output increased 3.7 percent and hours 

increased 1.5 percent. Unit labor costs in manufacturing decreased 1.3 percent in the second quarter of 

2014 and increased 0.8 percent from the same quarter a year ago. (See tables A and 3.) 

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 

Technical Notes for a more detailed explanation. (See page 6.) 

Revised measures

Output and related measures—including productivity and unit labor costs—in the business and nonfarm 

business sectors were subject to revision for the entire series going back to 1947. The most notable 

revisions in these series are generally limited to the period from 2010 onward. Hourly compensation and 

related measures for all sectors were subject to revision back to 2010. Measures of output for the 

business and nonfarm business sectors and measures of compensation for all sectors incorporate the 

revised National Income and Product Accounts (NIPA) data released on July 30 by the Bureau of 

Economic Analysis, U.S. Department of Commerce. Hours were revised for the business and nonfarm 

business sectors for 2010 forward to include revised NIPA data on government enterprises and to 

incorporate revised NIPA data on the proportion of sector compensation paid to employees of nonprofit 

institutions. 

Table B presents revised and previous productivity and related measures for the nonfarm business, 

business, and manufacturing sectors for the first quarter of 2014 and table C presents annual data for 

nonfarm business and total manufacturing from 2011 to 2013. Revised quarterly and annual series for 

recent years appear in tables 1-6 for all sectors and annual indexes for all years appear in appendix tables 

1-3 for business, nonfarm business, and nonfinancial corporate sectors. Full historical annual and 

quarterly measures can be found on the productivity and costs home page: www.bls.gov/lpc/#data.

In the first quarter of 2014, nonfarm business productivity decreased 4.5 percent—rather than falling

3.2 percent as reported June 4—reflecting a downward revision to output which was larger than a small 

downward revision to hours. This decline in productivity was the largest since the fourth quarter of 

1981, when productivity decreased 4.7 percent. Unit labor costs rose 11.8 percent in the first quarter of 

2014—more than double the previously reported rate—due to both the downward revision to 

productivity and an upward revision to hourly compensation. Real hourly compensation increased 4.8 

percent after revision, rather than the previous estimate of 0.4 percent. In the manufacturing sector, 

productivity growth in the first quarter was 3.2 percent, as output growth was revised down and hours 

were not revised. Unit labor costs increased 5.0 percent, rather than falling 0.4 percent as previously 

reported, due to both the downward revision to productivity and an upward revision to hourly 

compensation.

-2-
Annual Average productivity growth for 2013 in the nonfarm business sector was revised up to 0.9 

percent from a previous estimate of 0.5 percent due to an upward revision to output. (See table C). Unit 

labor costs increased 0.2 percent, less than the 1.1 percent gain reported June 4. Productivity was 

revised down in both 2012 and 2011, to increases of 1.0 percent and 0.1 percent in those years, 

respectively. Growth in unit labor costs was revised up from 1.2 percent to 1.7 percent in 2012, and 

from 2.0 percent to 2.1 percent in 2011. 

In the manufacturing sector, annual average productivity growth was not revised. Unit labor costs 

declined 1.6 percent in 2013, rather than 1.3 percent as previously reported. In 2012, unit labor costs fell 

0.2 percent after revision, and in 2011 increased 0.8 percent rather than the previous estimate of 0.4 

percent.

Nonfinancial corporate sector output and related measures were subject to revision for the entire series 

going back to 1947, and hourly compensation and related measures were revised back to 2010. Firstquarter 2014 productivity growth was revised up to a decline of 0.9 percent; the revision was due solely 

to an upward revision to output. Annual average productivity in 2013 and 2012 grew more than 

previously reported—reflecting upward revisions to output in both years, and in 2011 a downward 

revision to productivity was due to a downward revision to output. (See tables D and 6.)

______________

The revised Productivity and Costs news release for second-quarter 2014 is scheduled to be 

released on Thursday, September 4, 2014 at 8:30 a.m. (EDT).

-3-
Table A. Preliminary second-quarter 2014 measures: percent change from previous quarter at annual rate (Q to Q) and from same quarter a 

year ago (Y to Y)

Sector

 Nonfarm

 Business Business Manufacturing

 Durable

 Manufacturing

 Nondurable

 Manufacturing

Q to Q Y to Y Q to Q Y to Y Q to Q Y to Y Q to Q Y to Y Q to Q Y to Y

Productivity 2.5 1.2 2.0 0.8 3.6 2.1 2.9 2.7 5.9 2.0

Output 5.2 3.2 4.9 3.0 7.0 3.7 8.8 5.2 5.0 2.1

Hours 2.7 2.0 2.8 2.1 3.2 1.5 5.7 2.4 -0.9 0.0

Hourly compensation 3.1 3.1 3.0 3.0 2.2 2.9 1.5 2.4 3.1 3.8

Real hourly compensation 0.1 1.0 0.0 0.9 -0.8 0.9 -1.4 0.3 0.1 1.7

Unit labor costs 0.6 1.9 1.0 2.1 -1.3 0.8 -1.3 -0.3 -2.7 1.7

Table B. Revised and previous measures: first quarter 2014

Sector

 Nonfarm

 Business Business Manufacturing

 Durable

 Manufacturing

 Nondurable

 Manufacturing

Revised Previous Revised Previous Revised Previous Revised Previous Revised Previous

Percent change, annual rate, first quarter 2014

Productivity -4.5 -3.2 -5.0 -3.5 3.2 3.8 3.4 4.1 2.8 3.3

Output -2.4 -1.1 -3.3 -1.7 1.5 2.2 1.7 2.3 1.4 2.1

Hours 2.1 2.2 1.8 1.8 -1.6 -1.6 -1.6 -1.7 -1.4 -1.2

Hourly compensation 6.8 2.3 7.1 2.6 8.3 3.4 8.9 2.5 7.0 5.0

Real hourly compensation 4.8 0.4 5.1 0.7 6.2 1.5 6.9 0.6 5.0 3.1

Unit labor costs 11.8 5.7 12.7 6.3 5.0 -0.4 5.4 -1.5 4.1 1.7

Table C. Revised and previous annual average measures: 2011-2013

Sector Nonfarm Business Manufacturing

 2013 2012 2011 2013 2012 2011

 Revised Previous Revised Previous Revised Previous Revised Previous Revised Previous Revised Previous

 Percent change Percent change

Productivity 0.9 0.5 1.0 1.5 0.1 0.5 2.3 2.3 1.9 1.9 1.0 1.0

Output 2.6 2.2 3.2 3.7 2.2 2.5 2.9 2.9 4.3 4.3 3.1 3.1

Hours 1.7 1.7 2.2 2.2 2.1 2.0 0.7 0.7 2.3 2.3 2.1 2.1

Hourly

compensation 1.1 1.6 2.7 2.6 2.2 2.5 0.6 0.9 1.7 1.9 1.7 1.3

Real hourly

compensation -0.3 0.1 0.6 0.5 -0.9 -0.7 -0.8 -0.5 -0.3 -0.2 -1.4 -1.8

Unit labor

costs 0.2 1.1 1.7

 

1.2 2.1 2.0 -1.6 -1.3 -0.2 0.0 0.8 0.4

-4-
Table D. Nonfinancial corporations: revised and previous first-quarter 2014 measures, and revised annual measures 2011-2013

Productivity Output Hours

Hourly 

compensation

Real hourly 

compensation

Unit labor 

costs Unit profits

Implicit price 

deflator

Percent change, annual rate, first quarter 2014

Revised -0.9 0.9 1.8 6.8 4.8 7.8 -27.0 0.5

Previous -3.9 -2.2 1.8 2.1 0.2 6.3 -27.2 0.3

Percent change, annual average

2013 0.3 2.3 2.0 1.4 -0.1 1.1 1.4 0.9

2012 1.9 4.3 2.3 2.9 0.8 0.9 7.9 1.4

2011 -0.2 2.5 2.8 2.1 -1.0 2.4 3.1 2.3

-5-
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 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. The CES also provides average weekly paid hours of production and 

nonsupervisory workers in these establishments. Weekly paid hours are adjusted to hours at work using 

data from the National Compensation Survey (NCS). The BLS Hours at Work survey, conducted for 

this purpose, was used for earlier years. The Office of Productivity and Technology estimates average 

weekly hours at work for nonproduction and supervisory workers using information from the Current 

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

Data from the CPS are used for farm labor, nonfarm proprietors, and nonfarm unpaid family 

workers. Estimates of labor input for government enterprises are derived from the CPS, the CES, and 

the National Income and Product Accounts (NIPA) prepared by the Bureau of Economic Analysis 

(BEA) of the Department of Commerce.

The CES measures jobs, counting a person who is employed by two or more establishments at 

each place of employment. In contrast, the CPS features measures of employment that count each person 

only once and classify each person according to his or her primary job; hours worked at all jobs by that 

person accrue to his or her primary job. However, the CPS also collects more detailed information on 

employment and hours worked at primary jobs and all other jobs, separately. The BLS productivity 

measures use the more detailed information on employment and hours to assign all hours worked to the 

correct industrial sector and avoid duplicating hours data from the CES.

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 inputs. Business output accounted for about 76 percent of the value of GDP in 2013. Nonfarm 

business, which excludes farming, accounted for about 74 percent of GDP in 2013.

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 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 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 49 percent of the value of GDP in 2013.

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; 

-6-
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.

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 

domestic employees 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: The measures of unit labor costs in this release describe the relationship between 

compensation per hour and 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. 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 DPRWEB@BLS.GOV)

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.

-7-
Table 1. Business sector: Productivity, hourly compensation, unit labor costs, and prices,

seasonally adjusted

 Real

 Output Compen- compen- Unit Implicit

Year per hour Hours sation sation Unit nonlabor price

and of all of all per hour per hour labor payments deflator

quarter persons Output persons (1) (2) costs (3) (4)

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

 Percent change from previous quarter at annual rate(5)

2014 II 2.0 4.9 2.8 3.0 0.0 1.0 3.6 2.1 

 I -5.0 r -3.3 r 1.8 7.1 r 5.1 r 12.7 r -11.8 r 1.3 

2013 ANNUAL 1.2 r 2.7 r 1.5 1.4 r -0.1 r 0.2 r 3.1 r 1.4 r

2013 IV 3.1 r 4.6 r 1.5 1.7 r 0.5 r -1.4 r 4.0 r 1.0 r

 III 3.5 r 5.9 r 2.4 r 0.3 r -1.7 r -3.1 r 7.9 r 1.6 r

 II 0.7 r 2.1 r 1.4 3.8 r 3.4 3.1 r -1.7 1.0 r

 I 2.1 r 3.2 r 1.1 -5.6 r -6.7 r -7.6 r 14.6 r 1.4 r

2012 ANNUAL 0.9 r 3.1 r 2.2 2.8 r 0.7 r 1.9 r 1.7 r 1.8 

2012 IV -2.0 r -0.1 r 1.9 10.8 r 8.1 r 13.0 r -12.3 r 1.3 r

 III 1.3 r 3.1 r 1.8 0.0 r -1.6 r -1.3 6.5 r 2.0 r

 II 1.8 r 2.3 r 0.4 0.8 r -0.5 r -1.0 r 6.5 r 2.2 r

 I -0.1 r 3.1 r 3.3 11.6 r 9.2 r 11.7 r -10.0 r 1.7 r

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

 Percent change from corresponding quarter of previous year

2014 II 0.8 3.0 2.1 3.0 0.9 2.1 0.6 1.5 

 I 0.5 r 2.3 r 1.7 3.2 r 1.8 r 2.7 r -0.7 r 1.2 

2013 ANNUAL 1.2 r 2.7 r 1.5 1.4 r -0.1 r 0.2 r 3.1 r 1.4 r

2013 IV 2.4 r 4.0 r 1.6 0.0 r -1.2 r -2.3 r 6.0 r 1.2 r

 III 1.1 r 2.8 r 1.7 2.1 r 0.6 r 1.1 r 1.6 r 1.3 r

 II 0.5 r 2.1 1.5 2.1 r 0.6 r 1.5 r 1.3 r 1.4 r

 I 0.8 r 2.1 r 1.3 1.3 r -0.3 r 0.5 r 3.3 r 1.7 r

2012 ANNUAL 0.9 r 3.1 r 2.2 2.8 r 0.7 r 1.9 r 1.7 r 1.8 

2012 IV 0.3 r 2.1 r 1.8 r 5.7 r 3.7 r 5.4 r -2.7 r 1.8 

 III 1.6 r 3.6 r 2.0 r 1.8 r 0.1 r 0.2 r 3.6 r 1.7 

 II 1.0 r 3.1 r 2.1 2.3 r 0.4 r 1.3 r 2.6 r 1.8 

 I 0.8 r 3.5 r 2.7 1.6 r -1.2 r 0.8 r 3.8 r 2.1 r

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

 Indexes 2009=100

2014 II 105.8 113.9 107.6 111.8 101.2 105.7 111.5 108.1 

 I 105.3 r 112.5 r 106.9 r 111.0 r 101.2 r 105.4 r 110.5 r 107.5 r

2013 ANNUAL 105.5 r 111.6 r 105.7 r 108.5 r 99.9 r 102.8 r 112.2 r 106.7 r

2013 IV 106.6 r 113.5 r 106.4 r 109.1 r 99.9 r 102.3 r 114.0 r 107.2 r

 III 105.8 r 112.2 r 106.0 r 108.6 r 99.8 r 102.7 r 112.9 r 106.9 r

 II 104.9 r 110.6 r 105.4 r 108.6 r 100.3 r 103.5 r 110.7 r 106.5 r

 I 104.7 r 110.0 r 105.1 r 107.5 r 99.4 r 102.7 r 111.2 r 106.3 r

2012 ANNUAL 104.3 r 108.6 r 104.2 r 107.0 r 99.9 r 102.6 r 108.9 r 105.2 r

2012 IV 104.2 r 109.1 r 104.8 r 109.1 r 101.2 r 104.7 r 107.5 r 105.9 r

 III 104.7 r 109.2 r 104.3 r 106.4 r 99.2 r 101.6 r 111.1 r 105.6 r

 II 104.3 r 108.3 r 103.8 r 106.3 r 99.6 r 101.9 r 109.3 r 105.0 r

 I 103.9 r 107.7 r 103.7 r 106.1 r 99.8 r 102.2 r 107.6 r 104.5 r

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

See footnotes following Table 6. August 8, 2014

r=revised Source: Bureau of Labor Statistics

-8-
Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices,

seasonally adjusted

 Real

 Output Compen- compen- Unit Implicit

Year per hour Hours sation sation Unit nonlabor price

and of all of all per hour per hour labor payments deflator

quarter persons Output persons (1) (2) costs (3) (4)

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

 Percent change from previous quarter at annual rate(5)

2014 II 2.5 5.2 2.7 3.1 0.1 0.6 3.5 1.8 

 I -4.5 r -2.4 r 2.1 r 6.8 r 4.8 r 11.8 r -12.0 r 0.8 r

2013 ANNUAL 0.9 r 2.6 r 1.7 1.1 r -0.3 r 0.2 r 2.9 r 1.4 r

2013 IV 3.3 r 4.7 r 1.4 1.9 r 0.7 r -1.3 r 5.0 r 1.4 

 III 3.6 r 5.6 r 1.9 0.7 r -1.4 r -2.9 r 8.5 1.9 r

 II 0.5 r 2.0 r 1.5 3.7 r 3.2 r 3.2 r -0.7 1.5 r

 I 0.8 r 2.4 r 1.6 -6.3 r -7.4 r -7.0 r 12.7 r 0.9 r

2012 ANNUAL 1.0 r 3.2 r 2.2 2.7 r 0.6 r 1.7 r 2.0 r 1.8 

2012 IV -2.0 r 0.1 r 2.2 10.4 r 7.8 r 12.7 r -12.8 r 1.0 r

 III 1.7 r 3.7 r 2.0 -0.2 r -1.8 r -1.8 6.7 r 1.8 r

 II 1.8 r 2.3 r 0.5 0.7 r -0.7 r -1.2 r 7.0 r 2.3 r

 I 0.2 r 3.3 r 3.2 11.6 r 9.3 r 11.4 r -9.9 r 1.6 r

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

 Percent change from corresponding quarter of previous year

2014 II 1.2 3.2 2.0 3.1 1.0 1.9 0.9 1.5 

 I 0.7 r 2.4 r 1.7 3.3 r 1.8 r 2.6 r -0.1 r 1.4 

2013 ANNUAL 0.9 r 2.6 r 1.7 1.1 r -0.3 r 0.2 r 2.9 r 1.4 r

2013 IV 2.0 r 3.7 r 1.6 -0.1 r -1.3 r -2.1 r 6.2 r 1.4 r

 III 0.7 r 2.5 r 1.8 1.9 r 0.4 r 1.2 r 1.4 r 1.3 r

 II 0.2 r 2.0 r 1.8 1.7 r 0.3 r 1.5 r 1.0 r 1.3 r

 I 0.6 r 2.1 r 1.5 r 1.0 r -0.7 r 0.4 r 2.9 r 1.5 

2012 ANNUAL 1.0 r 3.2 r 2.2 2.7 r 0.6 r 1.7 r 2.0 r 1.8 

2012 IV 0.4 r 2.3 r 1.9 r 5.5 r 3.5 r 5.1 r -2.7 r 1.6 r

 III 1.7 r 3.8 r 2.0 r 1.6 0.0 -0.1 r 4.1 r 1.7 

 II 1.1 r 3.1 r 2.0 r 2.3 r 0.4 r 1.2 r 2.8 r 1.9 

 I 0.9 r 3.7 r 2.7 1.5 r -1.2 r 0.6 r 4.0 r 2.0 r

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

 Indexes 2009=100

2014 II 106.0 114.3 107.8 111.7 101.1 105.3 110.4 107.4 

 I 105.4 r 112.9 r 107.1 r 110.8 r 101.0 r 105.2 r 109.4 r 106.9 r

2013 ANNUAL 105.4 r 111.7 r 105.9 r 108.3 r 99.7 r 102.7 r 110.9 r 106.1 r

2013 IV 106.6 r 113.5 r 106.5 r 109.0 r 99.9 r 102.3 r 113.0 r 106.7 r

 III 105.7 r 112.2 r 106.2 r 108.5 r 99.7 r 102.6 r 111.6 r 106.4 r

 II 104.8 r 110.7 r 105.7 r 108.3 r 100.0 r 103.4 r 109.4 r 105.9 r

 I 104.7 r 110.2 r 105.3 r 107.3 r 99.2 r 102.5 r 109.6 r 105.5 r

2012 ANNUAL 104.5 r 108.9 r 104.2 r 107.1 r 100.0 r 102.4 r 107.8 r 104.7 r

2012 IV 104.4 r 109.5 r 104.9 r 109.1 r 101.1 r 104.4 r 106.3 r 105.2 r

 III 105.0 r 109.5 r 104.3 r 106.4 r 99.3 r 101.4 r 110.0 r 105.0 r

 II 104.5 r 108.5 r 103.8 r 106.5 r 99.7 r 101.8 r 108.3 r 104.5 r

 I 104.1 r 107.9 r 103.7 r 106.3 r 99.9 r 102.1 r 106.5 r 103.9 r

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

See footnotes following Table 6. August 8, 2014

r=revised Source: Bureau of Labor Statistics

-9-
Table 3. Manufacturing sector: Productivity, hourly compensation, and unit labor costs,

seasonally adjusted

 Real

 Output Compen- compenYear per hour Hours sation sation Unit

and of all of all per hour per hour labor

quarter persons Output persons (1) (2) costs

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

 Percent change from previous quarter at annual rate(5)

2014 II 3.6 7.0 3.2 2.2 -0.8 -1.3 

 I 3.2 r 1.5 r -1.6 8.3 r 6.2 r 5.0 r

2013 ANNUAL 2.3 2.9 0.7 0.6 r -0.8 r -1.6 r

2013 IV 1.3 4.7 3.4 0.8 r -0.4 r -0.5 r

 III 0.5 1.7 1.1 0.6 r -1.4 r 0.0 r

 II 3.7 1.5 -2.2 2.9 2.4 -0.9 r

 I 3.1 4.8 1.7 -2.3 r -3.4 r -5.2 r

2012 ANNUAL 1.9 4.3 2.3 1.7 r -0.3 r -0.2 r

2012 IV 2.3 2.7 0.4 4.3 r 1.8 r 2.0 r

 III 0.8 1.9 1.1 -2.1 r -3.7 r -2.8 r

 II 2.1 3.4 1.3 0.4 r -1.0 r -1.7 r

 I 4.2 7.5 3.1 10.7 r 8.4 r 6.2 r

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

 Percent change from corresponding quarter of previous year

2014 II 2.1 3.7 1.5 2.9 0.9 0.8 

 I 2.2 r 2.4 r 0.2 3.1 r 1.7 r 0.9 r

2013 ANNUAL 2.3 2.9 0.7 0.6 r -0.8 r -1.6 r

2013 IV 2.1 3.2 1.0 0.5 r -0.7 r -1.7 r

 III 2.4 2.7 0.3 1.3 r -0.2 r -1.0 r

 II 2.5 2.7 0.3 0.7 r -0.8 r -1.8 r

 I 2.0 3.2 1.1 0.0 r -1.6 r -2.0 r

2012 ANNUAL 1.9 4.3 2.3 1.7 r -0.3 r -0.2 r

2012 IV 2.3 3.9 1.5 3.2 1.3 0.9 

 III 1.6 4.2 2.6 0.9 r -0.7 -0.7 r

 II 2.6 5.0 2.4 1.8 r -0.1 r -0.8 r

 I 1.2 4.0 2.8 1.0 r -1.7 r -0.2 r

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

 Indexes 2009=100

2014 II 114.4 121.4 106.2 108.6 98.3 95.0 

 I 113.4 r 119.4 r 105.3 108.0 r 98.5 r 95.3 r

2013 ANNUAL 111.9 117.6 105.1 105.5 r 97.1 r 94.3 r

2013 IV 112.5 r 118.9 r 105.8 105.9 r 97.0 r 94.1 r

 III 112.1 117.6 104.9 105.7 r 97.1 r 94.3 r

 II 112.0 117.1 104.6 105.5 r 97.5 r 94.3 r

 I 110.9 116.7 105.2 104.8 r 96.9 r 94.5 r

2012 ANNUAL 109.4 114.2 104.4 104.8 r 97.9 r 95.8 r

2012 IV 110.1 115.3 104.7 105.4 r 97.7 r 95.7 r

 III 109.5 114.5 104.6 104.3 r 97.3 r 95.3 r

 II 109.3 114.0 104.3 104.8 r 98.2 r 95.9 r

 I 108.7 113.0 104.0 104.7 r 98.5 r 96.3 r

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

See footnotes following Table 6. August 8, 2014

r=revised Source: Bureau of Labor Statistics

-10-
Table 4. Durable manufacturing sector: Productivity, hourly compensation, and unit labor costs,

seasonally adjusted

 Real

 Output Compen- compenYear per hour Hours sation sation Unit

and of all of all per hour per hour labor

quarter persons Output persons (1) (2) costs

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

 Percent change from previous quarter at annual rate(5)

2014 II 2.9 8.8 5.7 1.5 -1.4 -1.3 

 I 3.4 r 1.7 r -1.6 r 8.9 r 6.9 r 5.4 r

2013 ANNUAL 3.4 4.4 1.0 0.1 r -1.4 r -3.2 r

2013 IV 2.6 6.9 4.2 -1.7 r -2.9 r -4.2 r

 III 2.0 3.6 1.6 1.0 r -1.0 r -0.9 r

 II 5.2 2.9 -2.1 2.6 r 2.1 r -2.5 r

 I 3.4 6.4 2.9 -3.4 r -4.5 r -6.5 r

2012 ANNUAL 4.1 7.2 2.9 1.3 r -0.7 r -2.7 r

2012 IV 3.7 4.1 0.3 5.1 r 2.6 r 1.3 r

 III 1.4 2.0 0.6 -3.4 -5.0 r -4.8 r

 II 4.7 6.7 1.9 -1.0 r -2.4 r -5.5 r

 I 8.8 12.2 3.1 11.9 r 9.6 r 2.8 r

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

 Percent change from corresponding quarter of previous year

2014 II 2.7 5.2 2.4 2.4 0.3 -0.3 

 I 3.3 r 3.8 r 0.5 r 2.6 r 1.2 r -0.6 r

2013 ANNUAL 3.4 4.4 1.0 0.1 r -1.4 r -3.2 r

2013 IV 3.3 4.9 1.6 -0.4 r -1.6 r -3.5 r

 III 3.6 4.2 0.6 1.3 r -0.2 r -2.2 r

 II 3.4 3.8 0.4 0.1 r -1.3 r -3.2 r

 I 3.3 4.8 1.4 -0.7 r -2.4 r -3.9 r

2012 ANNUAL 4.1 7.2 2.9 1.3 r -0.7 r -2.7 r

2012 IV 4.6 6.2 1.5 3.0 1.0 -1.6 

 III 3.8 7.1 3.2 0.2 r -1.5 r -3.5 r

 II 5.3 8.7 3.2 1.6 r -0.3 r -3.6 r

 I 2.8 6.9 4.0 0.7 r -2.1 r -2.1 r

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

 Indexes 2009=100

2014 II 124.7 136.8 109.7 107.3 97.1 86.0 

 I 123.8 r 133.9 r 108.2 r 106.9 r 97.4 r 86.3 r

2013 ANNUAL 121.6 130.9 107.7 104.7 r 96.4 r 86.1 r

2013 IV 122.8 r 133.4 r 108.6 104.6 r 95.8 r 85.2 r

 III 122.0 131.2 107.5 105.1 r 96.5 r 86.1 r

 II 121.4 130.0 107.1 104.8 r 96.8 r 86.3 r

 I 119.9 129.1 107.7 104.1 r 96.3 r 86.8 r

2012 ANNUAL 117.6 125.4 106.6 104.6 r 97.7 r 89.0 r

2012 IV 118.9 127.1 106.9 105.0 r 97.4 r 88.3 r

 III 117.8 125.9 106.8 103.7 r 96.8 r 88.0 r

 II 117.4 125.2 106.6 104.6 r 98.0 r 89.1 r

 I 116.1 123.2 106.2 104.9 r 98.6 r 90.4 r

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

See footnotes following Table 6. August 8, 2014

r=revised Source: Bureau of Labor Statistics

-11-
Table 5. Nondurable manufacturing sector: Productivity, hourly compensation, and unit labor costs,

seasonally adjusted

 Real

 Output Compen- compenYear per hour Hours sation sation Unit

and of all of all per hour per hour labor

quarter persons Output persons (1) (2) costs

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

 Percent change from previous quarter at annual rate(5)

2014 II 5.9 5.0 -0.9 3.1 0.1 -2.7 

 I 2.8 r 1.4 r -1.4 r 7.0 r 5.0 r 4.1 r

2013 ANNUAL 1.2 1.3 0.1 1.6 r 0.2 r 0.4 r

2013 IV 0.3 2.3 2.0 5.7 r 4.4 r 5.3 r

 III -0.8 -0.4 0.4 -0.4 r -2.4 r 0.4 

 II 2.2 -0.1 -2.3 3.4 r 2.9 r 1.2 r

 I 3.4 3.1 -0.3 -0.5 r -1.6 r -3.8 r

2012 ANNUAL 0.0 1.2 1.3 2.4 0.3 2.4 

2012 IV 0.6 1.2 0.7 2.9 r 0.4 r 2.3 r

 III -0.2 1.7 1.9 0.8 r -0.9 r 1.0 r

 II -0.6 -0.2 0.4 3.0 r 1.6 r 3.6 r

 I -0.6 2.6 3.2 8.3 6.1 r 9.0 

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

 Percent change from corresponding quarter of previous year

2014 II 2.0 2.1 0.0 3.8 1.7 1.7 

 I 1.1 r 0.8 r -0.3 3.9 r 2.4 r 2.7 r

2013 ANNUAL 1.2 1.3 0.1 1.6 r 0.2 r 0.4 r

2013 IV 1.3 1.2 -0.1 2.0 r 0.8 r 0.7 r

 III 1.3 0.9 -0.4 1.3 r -0.2 r 0.0 r

 II 1.5 1.5 0.0 1.6 r 0.2 0.2 

 I 0.8 1.4 0.7 1.5 r -0.1 r 0.7 r

2012 ANNUAL 0.0 1.2 1.3 2.4 0.3 2.4 

2012 IV -0.2 1.3 1.5 3.7 1.8 3.9 

 III -0.4 1.1 1.5 2.2 r 0.5 r 2.6 r

 II 0.2 1.3 1.1 2.0 r 0.1 r 1.9 r

 I 0.5 1.3 0.8 1.5 r -1.3 r 1.0 r

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

 Indexes 2009=100

2014 II 107.9 108.5 100.6 110.4 99.9 102.4 

 I 106.3 r 107.2 r 100.8 r 109.6 r 99.9 r 103.1 r

2013 ANNUAL 105.5 r 106.4 r 100.9 106.5 r 98.0 r 100.9 r

2013 IV 105.6 r 106.8 r 101.2 107.7 r 98.7 r 102.1 r

 III 105.5 106.2 100.7 106.3 r 97.7 r 100.7 r

 II 105.7 106.3 100.6 106.4 r 98.3 r 100.6 r

 I 105.1 106.3 101.1 105.5 r 97.5 r 100.3 r

2012 ANNUAL 104.2 105.1 100.8 104.8 r 97.9 r 100.5 r

2012 IV 104.3 105.5 101.2 105.6 r 98.0 r 101.3 r

 III 104.1 105.2 101.1 104.9 r 97.9 r 100.7 r

 II 104.2 104.8 100.6 104.7 r 98.1 r 100.5 r

 I 104.3 104.8 100.5 103.9 r 97.7 r 99.6 r

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

See footnotes following Table 6. August 8, 2014

r=revised Source: Bureau of Labor Statistics

-12-
Table 6. Nonfinancial corporate sector: Productivity, hourly compensation, unit labor costs, unit profits,

and prices, seasonally adjusted

 Real Unit

 Output Hourly hourly non- Total Unit Implicit

Year per all- compen- compen- Unit labor unit pro- price

and employee Employee sation sation labor costs cost fits deflator

quarter hour Output hours (1) (2) costs (6) (7) (8) (4)

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

 Percent change from previous quarter at annual rate(5)

2014 I -0.9 r 0.9 r 1.8 6.8 r 4.8 r 7.8 r 2.2 r 5.9 r -27.0 r 0.5 r

2013 ANNUAL 0.3 r 2.3 r 2.0 1.4 r -0.1 r 1.1 r 0.1 r 0.8 r 1.4 r 0.9 r

2013 IV 0.1 r 2.2 r 2.1 0.8 r -0.4 r 0.8 r 0.7 r 0.7 r -3.9 r 0.0 r

 III -2.0 r 0.4 r 2.4 -0.5 r -2.5 r 1.6 r 2.3 r 1.8 r -2.7 r 1.1 r

 II 2.9 r 4.5 r 1.6 2.2 r 1.7 r -0.6 r -2.6 r -1.3 r 8.5 r 0.1 r

 I -1.4 r 1.6 r 3.1 -1.8 r -2.9 r -0.4 r 2.7 r 0.6 r -1.9 r 0.2 r

2012 ANNUAL 1.9 r 4.3 r 2.3 2.9 r 0.8 r 0.9 r -0.7 r 0.4 r 7.9 r 1.4 

2012 IV 4.0 r 5.6 r 1.5 7.9 5.3 3.7 r -3.3 r 1.4 r 4.5 r 1.8 

 III -3.6 r -2.2 r 1.5 -0.2 r -1.9 r 3.6 r 2.3 r 3.1 r -5.7 r 1.8 

 II 1.6 r 2.4 r 0.8 0.3 r -1.1 r -1.3 r -0.2 r -0.9 r 15.5 r 1.3 

 I 6.1 r 9.6 r 3.3 13.5 r 11.1 r 6.9 r -2.6 r 3.6 r -1.4 r 2.9 

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

 Percent change from corresponding quarter of previous year

2014 I 0.0 r 2.0 r 2.0 2.3 r 0.9 r 2.3 r 0.6 r 1.8 r -7.2 r 0.4 r

2013 ANNUAL 0.3 r 2.3 r 2.0 1.4 r -0.1 r 1.1 r 0.1 r 0.8 r 1.4 r 0.9 r

2013 IV -0.1 r 2.2 r 2.3 0.2 r -1.0 r 0.3 r 0.7 r 0.5 -0.1 r 0.4 r

 III 0.8 r 3.0 r 2.1 1.9 r 0.4 r 1.0 r -0.3 r 0.6 2.0 r 0.8 r

 II 0.4 r 2.3 r 1.9 2.0 r 0.5 r 1.5 r -0.3 r 0.9 1.2 r 1.0 r

 I 0.1 r 1.8 r 1.7 1.5 r -0.2 r 1.4 r 0.4 r 1.0 r 2.8 r 1.3 r

2012 ANNUAL 1.9 r 4.3 r 2.3 2.9 r 0.8 r 0.9 r -0.7 r 0.4 r 7.9 r 1.4 

2012 IV 2.0 r 3.8 r 1.8 5.2 r 3.2 3.2 -1.0 r 1.8 r 2.9 r 2.0 

 III 1.8 r 3.8 r 2.0 2.1 0.5 r 0.3 r -0.7 r 0.0 r 4.1 r 0.5 

 II 2.0 r 4.4 r 2.4 2.4 r 0.5 r 0.4 r -0.5 r 0.1 r 8.8 r 1.3 

 I 2.0 r 5.3 r 3.2 1.7 r -1.1 r -0.4 r -0.7 r -0.5 r 17.3 r 1.7 

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

 Indexes 2009=100

2014 I 107.1 r 116.6 r 108.8 r 110.1 r 100.4 r 102.8 r 98.8 r 101.4 r 134.5 r 104.9 r

2013 ANNUAL 107.5 r 115.5 r 107.5 r 108.1 r 99.5 r 100.6 r 98.0 r 99.7 r 146.4 r 104.6 r

2013 IV 107.4 r 116.3 r 108.3 r 108.3 r 99.3 r 100.9 r 98.2 r 100.0 r 145.5 r 104.8 r

 III 107.4 r 115.7 r 107.8 r 108.1 r 99.3 r 100.7 r 98.1 r 99.8 r 147.0 r 104.8 r

 II 107.9 r 115.6 r 107.1 r 108.2 r 100.0 r 100.3 97.5 r 99.4 r 148.0 r 104.5 r

 I 107.2 r 114.3 r 106.7 r 107.7 r 99.5 r 100.5 r 98.2 r 99.7 r 145.0 r 104.4 r

2012 ANNUAL 107.1 r 112.9 r 105.4 106.6 r 99.6 r 99.5 r 97.9 r 99.0 r 144.3 r 103.7 

2012 IV 107.5 r 113.9 r 105.9 108.2 r 100.3 r 100.6 r 97.5 r 99.6 r 145.7 r 104.4 

 III 106.5 r 112.3 r 105.5 r 106.1 r 99.0 r 99.7 r 98.3 r 99.2 r 144.1 r 103.9 

 II 107.5 r 113.0 r 105.1 106.2 r 99.5 r 98.8 r 97.8 r 98.4 r 146.2 r 103.4 

 I 107.1 r 112.3 r 104.9 106.1 r 99.7 r 99.1 r 97.8 r 98.7 r 141.1 r 103.1 

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

See footnotes following Table 6. August 8, 2014

r=revised Source: Bureau of Labor Statistics

-13-
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 –1.7 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 first quarter of 2014.

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 1978-2013 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.

-14-
Appendix table 1.

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

 Real

 Output Compen- compen- Unit Implicit

 per hour Hours sation sation Unit nonlabor price

 of all of all per hour per hour labor payments deflator

 Year persons Output persons (1) (2) costs (3) (4)

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

 Indexes 2009=100

 2013 105.5 r 111.6 r 105.7 r 108.5 r 99.9 r 102.8 r 112.2 r 106.7 r

 2012 104.3 r 108.6 r 104.2 r 107.0 r 99.9 r 102.6 r 108.9 r 105.2 r

 2011 103.3 r 105.3 r 101.9 r 104.0 r 99.2 r 100.7 r 107.0 r 103.3 r

 2010 103.3 r 103.2 r 99.9 101.9 r 100.2 r 98.6 r 104.7 r 101.1 r

 2009 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 

 2008 96.8 r 104.2 r 107.7 99.0 98.6 102.2 r 96.3 r 99.8 r

 2007 96.0 r 105.5 r 109.8 96.4 99.8 100.4 r 95.2 r 98.2 r

 2006 94.6 r 103.3 r 109.1 92.3 98.2 97.6 r 93.9 r 96.0 r

 2005 93.7 r 100.1 r 106.8 88.8 97.6 94.8 r 91.6 r 93.5 r

 2004 91.8 r 96.5 r 105.1 85.8 97.4 93.4 r 86.8 r 90.7 r

 2003 88.9 r 92.3 r 103.8 82.0 95.6 92.1 r 83.7 r 88.6 r

 2002 85.6 r 89.5 r 104.5 79.0 r 94.1 92.2 r 80.7 r 87.4 r

 2001 82.1 r 87.9 r 107.0 77.3 93.6 94.1 r 76.7 r 86.8 r

 2000 79.9 r 87.3 r 109.3 73.9 92.0 92.4 r 75.3 r 85.3 r

 1999 77.3 r 83.6 r 108.1 68.8 88.6 89.1 r 76.3 r 83.7 r

 1998 74.7 r 79.2 r 106.0 65.9 86.6 88.3 r 75.9 r 83.1 r

 1997 72.4 r 75.3 r 103.9 62.3 82.9 85.9 r 78.1 r 82.7 r

 1996 71.1 r 71.5 r 100.6 60.1 81.8 84.5 r 77.3 r 81.5 r

 1995 69.0 r 68.3 r 99.0 57.7 80.6 83.5 r 75.7 r 80.2 r

 1994 68.8 r 66.2 r 96.3 56.6 80.9 82.2 r 74.2 r 78.9 r

 1993 68.2 r 63.2 r 92.6 56.0 81.9 82.1 r 71.1 r 77.5 r

 1992 68.1 r 61.4 r 90.1 55.2 82.7 81.0 r 68.4 r 75.7 r

 1991 65.2 r 58.9 r 90.3 52.1 80.0 79.9 r 67.1 r 74.5 r

 1990 64.1 r 59.3 r 92.5 49.7 r 79.1 77.6 r 65.4 r 72.5 r

 1989 62.7 r 58.3 r 93.1 46.7 77.9 74.5 r 64.2 r 70.2 r

 1988 62.0 r 56.2 r 90.7 45.3 78.9 73.1 r 60.2 r 67.7 r

 1987 61.0 r 53.9 r 88.2 43.0 77.7 70.5 r 58.9 r 65.6 r

 1986 60.7 r 52.0 r 85.7 41.4 77.4 68.3 r 58.9 r 64.3 r

 1985 59.0 r 50.2 r 85.0 39.2 74.6 66.5 r 59.3 r 63.5 r

 1984 57.7 r 48.0 r 83.1 37.3 73.4 64.7 r 57.7 r 61.7 r

 1983 56.2 r 44.1 r 78.5 35.8 73.2 63.6 r 55.0 r 60.0 r

 1982 54.2 r 41.8 r 77.1 34.2 73.0 63.1 r 50.9 r 58.0 r

 1981 54.6 r 43.1 r 78.9 31.9 72.1 58.4 r 49.9 r 54.8 r

 1980 53.4 r 41.9 r 78.4 29.1 72.2 54.5 r 44.2 r 50.2 r

 1979 53.4 r 42.3 r 79.1 26.3 72.4 49.2 r 41.8 r 46.1 r

 1978 53.4 r 40.8 r 76.5 24.0 72.3 44.9 r 39.2 r 42.5 r

 1977 52.8 r 38.4 r 72.7 22.1 71.4 r 41.9 r 36.8 r 39.7 r

 1976 51.9 r 36.3 r 70.1 20.5 70.4 39.5 r 34.8 r 37.5 r

 1975 50.2 r 34.0 r 67.8 19.0 68.9 r 37.8 r 32.7 r 35.6 r

 1974 48.5 r 34.4 r 70.9 17.1 68.0 35.3 r 28.6 r 32.5 r

 1973 49.3 r 34.9 r 70.7 15.7 69.0 31.7 r 26.6 r 29.6 r

 1972 47.9 r 32.7 r 68.1 14.5 67.9 30.3 r 25.1 r 28.1 r

 1971 46.4 r 30.7 r 66.1 13.7 66.0 29.4 r 24.0 r 27.2 r

 1970 44.6 r 29.5 r 66.3 12.9 65.0 28.9 r 22.2 r 26.1 r

 1969 43.7 r 29.6 r 67.6 12.0 63.9 27.4 r 21.7 r 25.0 r

 1968 43.5 r 28.7 r 65.9 11.2 63.0 25.7 r 21.4 r 23.9 r

 1967 42.0 r 27.3 r 64.9 10.4 60.9 24.7 r 20.6 r 23.0 r

 1966 41.1 r 26.7 r 65.1 9.8 59.4 23.9 r 20.3 r 22.4 r

 1965 39.5 r 25.0 r 63.5 9.2 57.2 23.3 r 19.8 r 21.9 r

 1964 38.1 r 23.4 r 61.4 8.9 56.0 23.3 r 19.1 r 21.5 r

 1963 36.8 r 22.0 r 59.7 8.6 54.7 23.2 r 18.6 r 21.3 r

 1962 35.5 r 21.0 r 59.3 8.3 53.5 23.3 r 18.2 r 21.2 r

 1961 33.9 r 19.7 r 58.2 7.9 51.8 r 23.3 r 17.7 r 21.0 r

 1960 32.7 r 19.3 r 59.1 7.6 50.3 23.3 r 17.4 r 20.8 r

 1959 32.2 r 19.0 r 59.0 7.3 49.1 22.7 r 17.6 r 20.6 r

 1958 31.0 r 17.6 r 56.6 7.0 47.6 22.6 r 17.2 r 20.4 r

 1957 30.2 r 17.9 r 59.3 6.7 46.8 22.3 r 16.8 r 20.0 r

 1956 29.2 r 17.6 r 60.2 6.3 45.4 21.6 r 16.3 r 19.4 r

 1955 29.2 r 17.3 r 59.3 5.9 43.3 20.3 r 16.6 r 18.8 r

 1954 28.0 r 16.0 r 57.1 5.8 42.0 20.7 r 15.6 r 18.5 r

 1953 27.4 r 16.2 r 59.1 5.6 41.0 20.5 r 15.6 r 18.4 r

 1952 26.4 r 15.4 r 58.4 5.3 38.9 20.0 r 16.0 r 18.3 r

 1951 25.6 r 14.9 r 58.3 5.0 37.3 19.4 r 16.3 r 18.1 r

 1950 24.8 r 14.0 r 56.4 4.5 36.7 18.2 r 14.8 r 16.8 r

-15-
 1949 23.0 r 12.8 r 55.7 4.2 34.8 18.4 r 14.1 r 16.6 r

 1948 22.5 r 12.9 r 57.5 4.2 33.9 18.6 r 14.3 r 16.8 r

 1947 21.5 r 12.3 r 57.1 3.8 33.7 17.9 r 12.9 r 15.8 r

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

See footnotes following Table 6. August 8, 2014

r=revised Source: Bureau of Labor Statistics

-16-
Appendix table 2.

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

 Real

 Output Compen- compen- Unit Implicit

 per hour Hours sation sation Unit nonlabor price

 of all of all per hour per hour labor payments deflator

 Year persons Output persons (1) (2) costs (3) (4)

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

 Indexes 2009=100

 2013 105.4 r 111.7 r 105.9 r 108.3 r 99.7 r 102.7 r 110.9 r 106.1 r

 2012 104.5 r 108.9 r 104.2 r 107.1 r 100.0 r 102.4 r 107.8 r 104.7 r

 2011 103.5 r 105.5 r 101.9 r 104.2 r 99.4 r 100.7 r 105.7 r 102.8 r

 2010 103.3 r 103.2 r 99.9 r 102.0 r 100.3 r 98.7 r 104.2 r 101.0 r

 2009 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 

 2008 96.9 r 104.4 r 107.8 98.9 98.6 102.1 r 95.8 r 99.4 r

 2007 96.2 r 105.8 r 110.0 96.3 r 99.6 r 100.1 r 94.9 r 97.9 r

 2006 94.7 r 103.4 r 109.3 92.3 98.2 97.5 r 93.9 r 96.0 r

 2005 93.8 r 100.2 r 106.9 88.8 97.6 94.7 r 91.5 r 93.4 r

 2004 91.9 r 96.6 r 105.1 85.7 r 97.3 93.3 r 86.2 r 90.3 r

 2003 89.1 r 92.5 r 103.7 82.0 95.6 92.0 r 83.5 r 88.5 r

 2002 86.0 r 89.7 r 104.3 79.0 94.2 r 91.9 r 80.9 r 87.3 r

 2001 82.4 r 88.1 r 106.9 77.3 r 93.6 93.8 r 76.6 r 86.6 r

 2000 80.2 r 87.5 r 109.0 74.0 92.2 r 92.3 r 75.3 r 85.2 r

 1999 77.7 r 83.8 r 107.9 68.9 88.7 88.8 r 76.3 r 83.6 r

 1998 75.2 r 79.4 r 105.6 66.2 87.0 88.0 r 75.5 r 82.8 r

 1997 73.0 r 75.4 r 103.3 62.5 83.3 85.7 r 77.5 r 82.3 r

 1996 71.8 r 71.7 r 99.8 60.4 82.3 84.2 r 76.4 r 80.9 r

 1995 69.9 r 68.6 r 98.1 58.1 81.1 r 83.0 r 75.3 r 79.8 r

 1994 69.4 r 66.3 r 95.4 56.9 r 81.5 r 82.0 r 73.5 r 78.5 r

 1993 68.8 r 63.3 r 92.1 56.2 r 82.2 81.8 r 70.4 r 77.0 r

 1992 68.7 r 61.4 r 89.4 55.6 r 83.2 80.9 r 67.5 r 75.3 r

 1991 65.9 r 59.0 r 89.6 52.4 80.5 r 79.6 r 66.3 r 74.1 r

 1990 64.7 r 59.4 r 91.8 49.9 79.4 77.2 r 64.4 r 71.8 r

 1989 63.4 r 58.5 r 92.2 47.0 78.5 74.1 r 63.1 r 69.5 r

 1988 62.8 r 56.4 r 89.8 45.7 79.5 72.6 r 59.3 r 67.1 r

 1987 61.8 r 54.0 r 87.2 43.4 78.5 r 70.2 r 57.9 r 65.1 r

 1986 61.5 r 52.1 r 84.7 41.8 78.1 68.0 r 58.0 r 63.8 r

 1985 59.7 r 50.2 r 84.0 39.6 75.2 r 66.3 r 58.3 r 62.9 r

 1984 58.8 r 48.1 r 81.9 37.7 74.2 64.2 r 56.3 r 60.9 r

 1983 57.5 r 44.4 r 77.2 36.2 r 74.0 62.9 r 54.2 r 59.2 r

 1982 55.1 r 41.7 r 75.7 34.6 r 73.8 62.8 r 49.8 r 57.4 r

 1981 55.7 r 43.1 r 77.4 32.3 73.0 r 58.0 r 48.4 r 54.0 r

 1980 54.8 r 42.1 r 76.8 29.4 72.9 53.7 r 43.1 r 49.3 r

 1979 54.8 r 42.5 r 77.5 26.6 73.1 48.5 r 40.2 r 45.0 r

 1978 55.0 r 41.1 r 74.8 24.2 73.2 44.1 r 37.8 r 41.5 r

 1977 54.2 r 38.6 r 71.1 22.3 72.1 41.2 r 35.8 r 38.9 r

 1976 53.3 r 36.5 r 68.4 20.6 71.0 38.7 r 33.7 r 36.6 r

 1975 51.6 r 34.1 r 66.0 19.2 69.7 37.2 r 31.3 r 34.7 r

 1974 50.2 r 34.6 r 69.0 17.3 68.8 34.5 r 27.0 r 31.4 r

 1973 51.0 r 35.2 r 68.9 15.8 69.8 31.0 r 24.8 r 28.4 r

 1972 49.5 r 32.8 r 66.2 14.7 68.9 r 29.7 r 24.3 r 27.4 r

 1971 47.9 r 30.7 r 64.1 13.8 66.8 r 28.9 r 23.5 r 26.6 r

 1970 46.1 r 29.6 r 64.3 13.0 65.7 28.3 r 21.7 r 25.5 r

 1969 45.4 r 29.7 r 65.3 12.2 64.9 26.8 r 21.1 r 24.4 r

 1968 45.3 r 28.8 r 63.5 11.4 64.1 25.1 r 21.0 r 23.4 r

 1967 43.8 r 27.3 r 62.4 10.6 62.1 24.2 r 20.2 r 22.5 r

 1966 43.0 r 26.8 r 62.4 10.0 60.5 23.3 r 19.8 r 21.8 r

 1965 41.5 r 25.0 r 60.3 9.5 58.7 22.8 r 19.4 r 21.4 r

 1964 40.2 r 23.3 r 58.0 9.2 57.8 22.8 r 18.7 r 21.1 r

 1963 39.1 r 21.9 r 56.0 8.9 56.7 22.7 r 18.2 r 20.8 r

 1962 37.8 r 20.9 r 55.4 8.6 r 55.6 22.7 r 17.8 r 20.7 r

 1961 36.1 r 19.6 r 54.2 8.2 54.0 22.8 r 17.2 r 20.5 r

 1960 35.0 r 19.2 r 54.8 8.0 52.8 22.8 r 16.8 r 20.3 r

 1959 34.6 r 18.8 r 54.4 7.7 51.5 r 22.1 r 17.2 r 20.1 r

 1958 33.4 r 17.4 r 52.0 7.4 49.9 22.1 r 16.6 r 19.8 r

 1957 32.7 r 17.7 r 54.3 7.1 49.4 21.7 r 16.4 r 19.5 r

 1956 31.8 r 17.4 r 54.6 6.7 48.2 r 21.0 r 15.8 r 18.9 r

 1955 32.0 r 17.1 r 53.3 6.3 46.1 r 19.7 r 16.2 r 18.2 r

 1954 30.7 r 15.7 r 51.2 6.1 44.3 19.8 r 15.2 r 17.9 r

 1953 30.1 r 16.0 r 53.0 5.9 43.3 19.6 r 15.2 r 17.8 r

 1952 29.4 r 15.2 r 51.7 5.6 41.3 19.0 r 15.2 r 17.4 r

 1951 28.8 r 14.8 r 51.2 5.3 39.9 18.4 r 15.2 r 17.1 r

 1950 28.1 r 13.7 r 48.9 4.9 39.6 r 17.3 r 14.2 r 16.0 r

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 1949 26.4 r 12.5 r 47.3 4.6 37.8 17.5 r 13.6 r 15.8 r

 1948 25.6 r 12.6 r 49.2 4.5 r 36.3 17.5 r 13.2 r 15.7 r

 1947 24.9 r 12.1 r 48.5 4.1 36.1 16.5 r 12.2 r 14.7 r

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See footnotes following Table 6. August 8, 2014

r=revised Source: Bureau of Labor Statistics

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Appendix table 3.

Nonfinancial corporate sector: Productivity, hourly compensation, unit labor costs, unit profits,

and prices.

 Real Unit

 Output Hourly hourly non- Total Unit Implicit

 per all- compen- compen- Unit labor unit pro- price

 employee Employee sation sation labor costs cost fits deflator

 Year hour Output hours (1) (2) costs (6) (7) (8) (4)

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

 Indexes 2009=100

 2013 107.5 r 115.5 r 107.5 r 108.1 r 99.5 r 100.6 r 98.0 r 99.7 r 146.4 r 104.6 r

 2012 107.1 r 112.9 r 105.4 106.6 r 99.6 r 99.5 r 97.9 r 99.0 r 144.3 r 103.7 

 2011 105.1 r 108.2 r 103.0 r 103.7 r 98.9 r 98.6 r 98.6 r 98.6 r 133.7 r 102.3 

 2010 105.3 r 105.5 r 100.2 101.5 r 99.9 r 96.4 r 96.8 r 96.5 r 129.7 r 100.0 

 2009 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 

 2008 99.3 r 107.6 r 108.4 98.3 97.9 99.0 r 94.3 r 97.5 r 105.3 r 98.3 r

 2007 98.9 r 109.0 r 110.2 95.5 98.8 96.6 r 88.6 r 93.9 r 116.8 r 96.3 

 2006 98.4 r 108.0 r 109.8 92.0 97.9 93.5 r 83.2 r 90.1 r 130.9 r 94.4 

 2005 96.6 r 104.0 r 107.7 89.3 98.1 92.5 r 81.1 r 88.7 r 116.7 r 91.6 r

 2004 94.8 r 100.6 r 106.2 86.6 98.4 91.4 r 77.6 r 86.8 r 102.7 r 88.5 

 2003 91.6 r 96.3 r 105.2 83.6 97.5 91.3 r 78.1 r 86.9 r 84.4 r 86.6 

 2002 88.1 r 94.3 r 107.0 81.0 96.5 91.9 r 79.0 r 87.6 r 69.2 r 85.7 

 2001 84.7 r 93.5 r 110.3 79.5 96.3 93.8 r 78.4 r 88.7 r 56.9 r 85.3 

 2000 84.2 r 95.5 r 113.4 77.6 96.6 92.1 r 73.2 r 85.8 r 70.0 r 84.2 r

 1999 80.8 r 90.5 r 112.0 72.3 93.1 89.4 r 70.7 r 83.2 r 84.1 r 83.2 r

 1998 78.4 r 85.9 r 109.5 69.1 90.8 88.1 r 69.3 r 81.8 r 90.5 r 82.7 

 1997 75.8 r 81.2 r 107.1 65.3 87.1 86.2 r 69.1 r 80.5 r 101.7 r 82.7 

 1996 73.8 r 76.2 r 103.2 63.2 86.0 85.7 r 69.5 r 80.2 r 99.2 r 82.2 

 1995 70.9 r 71.9 r 101.4 60.9 85.1 85.8 r 70.3 r 80.6 r 92.5 r 81.9 

 1994 70.1 r 68.6 r 97.9 59.9 85.8 85.5 r 70.0 r 80.3 r 87.4 r 81.1 

 1993 68.9 r 64.7 r 93.9 59.2 86.5 85.9 r 69.7 r 80.5 r 73.1 r 79.7 

 1992 68.8 r 63.1 r 91.7 58.4 87.5 84.8 r 69.7 r 79.8 r 63.0 r 78.0 r

 1991 67.1 r 61.2 r 91.3 55.5 85.2 82.7 r 71.1 r 78.8 r 60.8 r 76.9 r

 1990 65.5 r 61.6 r 94.0 53.0 84.4 81.0 r 68.2 r 76.7 r 59.3 r 74.9 r

 1989 64.8 r 60.7 r 93.6 50.5 84.4 78.0 r 65.2 r 73.7 r 62.9 r 72.6 

 1988 65.5 r 59.5 r 90.8 49.1 85.6 75.0 r 61.7 r 70.6 r 68.9 r 70.4 

 1987 63.7 r 56.1 r 88.1 46.8 84.6 73.5 r 60.6 r 69.2 r 64.4 r 68.7 

 1986 62.4 r 53.3 r 85.4 45.2 84.4 72.5 r 60.1 r 68.3 r 60.2 r 67.5 r

 1985 61.0 r 51.9 r 85.1 42.8 81.4 70.2 r 57.1 r 65.8 r 72.7 r 66.5 

 1984 59.6 r 49.6 r 83.2 40.8 80.2 68.4 r 55.8 r 64.2 r 75.5 r 65.4 r

 1983 58.3 r 45.6 r 78.2 39.1 80.0 67.1 r 56.1 r 63.4 r 64.4 r 63.5 r

 1982 56.3 r 43.4 r 77.1 37.5 80.1 66.6 r 55.8 r 63.0 r 55.6 r 62.2 

 1981 56.1 r 44.4 r 79.2 35.2 79.7 62.8 r 50.3 r 58.6 r 59.6 r 58.7 r

 1980 54.7 r 42.7 r 78.1 32.3 80.0 59.1 r 44.3 r 54.1 r 50.8 r 53.8 

 1979 54.8 r 43.1 r 78.6 29.3 80.7 53.5 r 37.7 r 48.2 r 56.2 r 49.1 

 1978 55.2 r 41.8 r 75.6 26.8 81.0 48.6 r 34.9 r 44.0 r 58.6 r 45.5 

 1977 54.5 r 39.2 r 71.9 24.6 79.5 45.1 r 33.4 r 41.2 r 55.1 r 42.7 

 1976 53.1 r 36.5 r 68.7 22.8 78.3 42.9 r 32.2 r 39.3 50.7 r 40.5 r

 1975 51.4 r 33.8 r 65.7 21.2 77.1 41.2 r 32.5 r 38.3 r 43.0 r 38.8 

 1974 49.5 r 34.2 r 69.2 19.2 76.2 38.8 r 28.4 r 35.3 r 35.6 r 35.3 

 1973 50.5 r 34.8 r 68.9 17.6 77.4 34.8 r 24.7 r 31.5 r 39.0 r 32.2 r

 1972 50.0 r 32.8 r 65.6 16.4 76.8 32.8 r 23.4 r 29.7 r 37.5 r 30.5 

 1971 49.0 r 30.5 r 62.2 15.6 75.3 31.8 r 23.4 r 29.0 r 34.4 r 29.6 

 1970 47.1 r 29.3 r 62.3 14.7 74.2 31.2 r 22.3 r 28.3 r 30.3 r 28.5 

 1969 46.8 r 29.6 r 63.2 13.8 73.5 29.5 r 19.8 r 26.2 r 36.9 r 27.3 

 1968 46.7 r 28.4 r 60.9 12.9 72.5 27.6 r 18.3 r 24.5 r 40.8 r 26.2 

 1967 45.1 r 26.7 r 59.2 12.0 70.4 26.7 r 17.2 r 23.5 40.7 r 25.3 

 1966 44.3 r 26.0 r 58.6 11.4 68.8 25.7 r 16.2 r 22.5 r 43.5 r 24.7 

 1965 43.4 r 24.2 r 55.7 10.8 67.0 24.8 r 16.1 r 21.9 r 43.5 r 24.2 

 1964 42.3 r 22.3 r 52.7 10.5 66.2 24.8 r 16.2 r 21.9 r 40.3 r 23.8 

 1963 41.7 r 20.8 r 50.0 10.3 65.8 24.7 r 16.2 r 21.8 r 39.0 r 23.6 

 1962 40.2 r 19.6 r 48.8 10.0 64.7 24.8 r 16.3 r 22.0 36.8 r 23.5 r

 1961 38.5 r 18.1 r 47.0 9.6 62.8 24.9 r 16.5 r 22.1 r 34.2 r 23.4 

 1960 37.3 r 17.7 r 47.4 9.3 61.5 25.0 r 16.2 r 22.0 r 34.2 r 23.3 r

 1959 36.6 r 17.1 r 46.7 9.0 60.2 24.4 r 15.8 r 21.5 r 37.1 r 23.2 

 1958 34.9 r 15.4 r 44.0 8.6 58.4 24.7 r 16.4 r 21.9 31.9 r 23.0 

 1957 34.2 r 16.0 r 46.7 8.3 57.8 24.3 r 15.0 r 21.2 35.2 r 22.6 

 1956 33.5 r 15.8 r 47.1 7.8 56.3 23.4 r 13.9 r 20.2 36.6 r 21.9 

 1955 33.3 r 15.2 r 45.8 7.4 53.8 22.1 r 13.0 r 19.1 r 39.1 r 21.2 r

 1954 31.4 r 13.6 r 43.3 7.1 51.7 22.6 r 13.4 r 19.6 33.5 r 21.0 

 1953 30.1 r 13.7 r 45.7 6.9 50.3 22.8 r 13.1 r 19.6 34.4 r 21.1 r

 1952 28.9 r 12.8 r 44.3 6.5 48.1 22.5 r 13.1 r 19.4 36.6 r 21.2 

 1951 28.2 r 12.3 r 43.6 6.2 46.3 21.8 r 12.6 r 18.7 r 40.7 r 21.0 r

-19-
 1950 28.5 r 11.7 r 41.0 5.6 45.8 19.8 r 12.0 r 17.2 37.9 r 19.3 r

 1949 26.5 r 10.3 r 38.9 5.3 43.8 20.1 r 12.5 r 17.6 r 33.5 r 19.2 r

 1948 25.2 r 10.4 r 41.4 5.2 41.9 20.5 r 11.7 r 17.6 r 36.9 r 19.6 r

 1947 23.6 r 9.7 r 41.0 4.7 41.2 19.9 r 11.1 r 17.0 30.8 r 18.4 

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

See footnotes following Table 6. August 8, 2014

r=revised Source: Bureau of Labor Statistics

-20-