Academic journal article Monthly Labor Review

Productivity Data

Academic journal article Monthly Labor Review

Productivity Data

Article excerpt

47. Indexes of productivity, hourly compensation, and unit costs,
quarterly data seasonally adjusted
[1992 = 100]

Item                                  2004                2005

                                   III     IV       I      II      III

Business

Output per hour of all persons    132.7   133.4   134.4   134.3   135.9
Compensation per hour             157.8   160.2   161.4   161.7   164.2
Real compensation per hour        119.2   120.0   120.3   119.4   119.6
Unit labor costs                  118.9   120.1   120.1   120.4   120.8
Unit non labor payments           124.7   125.4   128.2   129.8   132.0
Implicit price deflator           121.1   122.1   123.1   123.9   125.0

Nonfarm business

Output per hour of all persons    132.0   132.2   133.4   133.5   135.0
Compensation per hour             156.8   158.9   160.3   160.9   163.2
Real compensation per hour        118.5   119.0   119.5   118.8   118.8
Unit labor costs                  118.8   120.2   120.2   120.5   120.9
Unit nonlabor payments            125.7   126.5   129.6   131.3   133.7
Implicit price deflator           121.4   122.5   123.6   124.5   125.6

Nonfinancial corporations

Output per hour of all
  employees                       140.7   140.2   140.3   141.1   140.5
Compensation per hour             154.9   156.9   158.0   158.5   160.8
Real compensation per hour        117.1   117.6   117.8   117.0   117.1
Total unit costs                  109.8   111.3   112.3   112.1   114.6
Una labor costs                   110.1   111.9   112.6   112.3   114.4
Unit nonlabor costs               109.2   109.7   111.5   111.7   115.1
Unit profits                      150.6   148.4   151.9   161.7   147.5
Unit nonlabor payments            120.3   120.1   122.3   125.1   123.7
Implicit price deflator           113.5   114.6   115.9   116.6   117.6

Manufacturing

Output per hour of all persons    163.8   166.4   168.3   170.9   172.4
Compensation per hour             163.5   165.8   166.2   167.8   170.2
Real compensation per hour        123.6   124.2   123.9   123.9   124.0
Unit labor costs                   99.8    99.7    98.7    98.2    98.7

Item                              2005            2006

                                   IV       I      II      III

Business

Output per hour of all persons    135.5   136.4   136.6   136.1
Compensation per hour             165.4   168.2   168.1   168.7
Real compensation per hour        119.4   120.9   119.3   118.9
Unit labor costs                  122.0   123.4   123.0   124.0
Unit non labor payments           133.0   133.0   136.5   136.6
Implicit price deflator           126.1   127.0   128.0   128.7

Nonfarm business

Output per hour of all persons    134.5   135.3   135.6   135.0
Compensation per hour             164.2   167.1   167.0   167.5
Real compensation per hour        118.6   120.1   118.6   118.0
Unit labor costs                  122.1   123.5   123.2   124.0
Unit nonlabor payments            134.8   135.0   138.7   138.6
Implicit price deflator           126.8   127.7   128.9   129.4

Nonfinancial corporations

Output per hour of all
  employees                       141.4   142.4   141.8   142.9
Compensation per hour             161.8   163.8   163.9   164.6
Real compensation per hour        116.9   117.8   116.4   115.9
Total unit costs                  114.0   114.4   115.2   114.8
Una labor costs                   114.5   115.0   115.6   115.2
Unit nonlabor costs               112.8   112.5   114.3   113.8
Unit profits                      159.5   164.4   164.8   172.6
Unit nonlabor payments            125.3   126.4   127.8   129.5
Implicit price deflator           118.1   118.8   119.7   120.0

Manufacturing

Output per hour of all persons    173.3   175.4   177.0   179.8
Compensation per hour             168.8   172.6   170.1   170.7
Real compensation per hour        121.9   124.1   120.8   120.2
Unit labor costs                   97. … 
Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.