[Economic Report of the President (2004)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-50.--Changes in productivity and related data, business sector, 1959-2003
[Percent change from preceding period; quarterly data at seasonally adjusted annual rates]
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Output per hour      Output\1\       Hours of all    Compensation  per   Real compensation    Unit labor costs    Implicit price
of all persons  ------------------    persons\2\          hour\3\           per hour\4\     --------------------    deflator\5\
------------------                  ----------------------------------------------------------                    -----------------
Year or  quarter                         Busi-   Nonfarm   Busi-   Nonfarm   Busi-   Nonfarm   Busi-   Nonfarm     Busi-     Nonfarm    Busi-    Nonfarm   Busi-   Nonfarm
ness   business   ness   business   ness   business   ness    business     ness    business    ness    business   ness   business
sector    sector  sector    sector  sector    sector  sector    sector     sector     sector   sector     sector  sector    sector
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
1959........................................................     4.0      4.0      8.3       8.8     4.2       4.6     4.1        3.9        3.4       3.2       0.1       0.0     0.7       1.2

1960........................................................     1.8      1.2      1.9       1.7      .1        .5     4.2        4.4        2.5       2.6       2.4       3.1     1.1       1.2
1961........................................................     3.7      3.3      2.0       2.0    -1.6      -1.2     4.0        3.5        3.0       2.5        .4        .2      .8        .8
1962........................................................     4.5      4.5      6.4       6.8     1.8       2.2     4.4        4.0        3.4       2.9       -.1       -.5     1.0       1.0
1963........................................................     3.9      3.5      4.6       4.6      .7       1.1     3.6        3.4        2.2       2.1       -.3        .0      .6        .7
1964........................................................     3.4      3.0      6.4       6.7     2.8       3.6     3.8        3.2        2.5       1.9        .4        .2     1.1       1.2

1965........................................................     3.5      3.1      7.0       7.1     3.4       3.8     3.7        3.3        2.1       1.7        .2        .2     1.6       1.4
1966........................................................     4.1      3.6      6.8       7.2     2.6       3.5     6.7        5.9        3.7       2.9       2.5       2.2     2.5       2.3
1967........................................................     2.2      1.8      1.9       1.7     -.3       -.1     5.8        5.9        2.6       2.8       3.5       4.1     2.7       3.2
1968........................................................     3.1      3.1      5.0       5.3     1.9       2.2     7.6        7.4        3.3       3.1       4.4       4.2     3.9       3.8
1969........................................................      .5       .2      3.0       3.0     2.5       2.9     7.0        6.8        1.5       1.3       6.5       6.7     4.5       4.4

1970........................................................     2.0      1.5       .0       -.1    -2.0      -1.6     7.7        7.2        1.9       1.4       5.6       5.6     4.4       4.5
1971........................................................     4.3      4.1      3.9       3.8     -.4       -.3     6.3        6.4        1.9       1.9       1.9       2.2     4.3       4.4
1972........................................................     3.2      3.3      6.6       6.9     3.4       3.4     6.1        6.3        2.8       3.0       2.8       2.9     3.3       2.9
1973........................................................     3.1      3.1      7.0       7.3     3.7       4.0     8.5        8.2        2.1       1.8       5.2       4.9     5.2       3.6
1974........................................................    -1.7     -1.6     -1.5      -1.5      .1        .1     9.7        9.8       -1.2      -1.1      11.6      11.6     9.6      10.2

1975........................................................     3.5      2.7     -1.0      -1.7    -4.3      -4.3    10.2       10.1        1.0        .9       6.5       7.2     9.6      10.6
1976........................................................     3.5      3.6      6.8       7.2     3.2       3.5     8.7        8.5        2.8       2.6       5.1       4.7     5.2       5.4
1977........................................................     1.7      1.6      5.6       5.6     3.8       3.9     7.9        8.1        1.4       1.5       6.1       6.4     6.1       6.4
1978........................................................     1.1      1.3      6.2       6.5     5.1       5.2     8.8        8.9        1.8       1.9       7.6       7.6     7.2       6.8
1979........................................................     -.1      -.4      3.3       3.2     3.4       3.6     9.7        9.5         .3        .1       9.8      10.0     8.5       8.5

1980........................................................     -.3      -.3     -1.1      -1.1     -.9       -.8    10.8       10.8        -.2       -.2      11.1      11.1     9.1       9.7
1981........................................................     1.9      1.2      2.7       2.0      .7        .8     9.5        9.7         .1        .3       7.4       8.3     9.2       9.5
1982........................................................     -.3      -.5     -2.9      -3.1    -2.6      -2.6     7.6        7.6        1.6       1.6       8.0       8.1     5.7       6.2
1983........................................................     3.5      4.4      5.4       6.4     1.7       1.9     4.1        4.2         .0        .0        .5       -.2     3.4       3.2
1984........................................................     2.8      2.1      8.8       8.3     5.9       6.1     4.3        4.2         .3        .2       1.5       2.1     2.9       2.8

1985........................................................     2.0      1.3      4.2       3.9     2.2       2.5     4.9        4.7        1.6       1.3       2.9       3.3     2.7       3.2
1986........................................................     3.0      3.0      3.7       3.8      .7        .8     5.2        5.2        3.3       3.3       2.1       2.1     1.6       1.7
1987........................................................      .5       .3      3.5       3.5     3.0       3.2     3.9        3.8         .4        .4       3.4       3.4     2.5       2.5
1988........................................................     1.5      1.6      4.3       4.5     2.7       2.9     5.1        4.9        1.4       1.2       3.6       3.2     3.1       3.0
1989........................................................     1.0       .7      3.5       3.4     2.6       2.6     2.7        2.6       -1.5      -1.6       1.7       1.9     3.7       3.7

1990........................................................     1.5      1.3      1.5       1.4      .0        .1     5.9        5.7         .8        .7       4.3       4.3     3.5       3.6
1991........................................................     1.1      1.2     -1.2      -1.3    -2.3      -2.5     4.8        5.0        1.1       1.3       3.6       3.7     3.5       3.7
1992........................................................     3.8      3.6      3.7       3.5     -.1       -.1     5.2        5.3        2.7       2.7       1.4       1.6     2.0       2.1
1993........................................................      .5       .5      3.1       3.3     2.6       2.9     2.4        2.2        -.1       -.3       1.9       1.7     2.2       2.2
1994........................................................     1.2      1.3      4.9       4.7     3.6       3.3     1.9        2.1        -.2        .0        .7        .8     1.8       1.9

1995........................................................      .6       .9      3.1       3.4     2.5       2.4     2.1        2.2        -.3       -.3       1.5       1.2     2.0       2.0
1996........................................................     2.7      2.5      4.4       4.3     1.6       1.7     3.1        3.1         .4        .4        .4        .5     1.6       1.4
1997........................................................     2.2      2.0      5.2       5.1     3.0       3.1     3.0        2.9         .9        .8        .8       1.0     1.8       2.1
1998........................................................     2.6      2.6      4.9       5.0     2.2       2.4     5.5        5.4        4.0       3.9       2.8       2.7      .8        .9
1999........................................................     2.5      2.3      4.7       4.6     2.1       2.3     4.5        4.3        2.4       2.2       1.9       2.0     1.0       1.2

2000........................................................     3.1      3.0      4.1       4.0      .9       1.0     6.9        7.0        3.5       3.6       3.7       3.9     1.7       1.8
2001........................................................     2.0      1.9      -.2       -.1    -2.1      -2.0     3.8        3.6        1.0        .8       1.8       1.7     2.0       1.9
2002........................................................     5.3      5.4      2.7       2.7    -2.5      -2.5     2.8        2.8        1.2       1.2      -2.3      -2.4      .4        .5

2000: I.....................................................      .5       .3      2.2       1.9     1.7       1.6    15.2       15.4       11.0      11.3      14.6      15.1     2.4       2.7
II....................................................     6.3      5.7      5.4       5.4     -.8       -.2     2.6        1.9        -.8      -1.4      -3.5      -3.6     2.2       1.9
III...................................................      .7       .8       .4        .2     -.3       -.6     8.5        8.8        4.7       5.0       7.8       7.9     1.1       1.4
IV....................................................     2.6      2.2       .9       1.1    -1.7      -1.0     3.9        3.3         .9        .4       1.2       1.1     1.9       1.6

2001: I.....................................................     -.5      -.4     -1.0       -.9     -.5       -.5     4.6        4.3         .8        .5       5.1       4.7     3.4       3.3
II....................................................     1.5      1.6     -2.8      -2.7    -4.3      -4.3     2.3        2.0        -.9      -1.2        .8        .3     2.2       2.0
III...................................................     3.3      3.4      -.9       -.8    -4.1      -4.1     2.5        2.4        1.6       1.5       -.8       -.9     1.8       1.7
IV....................................................     8.7      8.3      3.5       2.9    -4.8      -5.0     2.1        2.1        2.7       2.7      -6.1      -5.7    -1.6      -1.0

2002: I.....................................................     8.7      9.3      5.9       6.2    -2.6      -2.9     3.5        3.7        2.2       2.4      -4.8      -5.2      .3       -.2
II....................................................      .8      1.0       .6        .9     -.2        .0     4.0        3.9         .4        .3       3.1       2.9      .7       1.4
III...................................................     5.9      5.9      5.3       5.2     -.6       -.6     2.1        2.0         .0       -.2      -3.6      -3.7      .5        .1
IV....................................................     1.5      1.7      1.7       1.7      .2        .0     1.6        1.6        -.4       -.4        .1       -.1     1.5       1.4

2003: I.....................................................     2.7      2.1      1.4       1.4    -1.2       -.7     3.2        2.6        -.6      -1.2        .5        .4     1.6       1.4
II....................................................     7.4      7.0      4.5       4.6    -2.7      -2.2     4.1        3.6        3.5       3.0      -3.1      -3.2     1.0        .8
III...................................................     8.6      9.4     10.2      10.3     1.4        .8     2.3        3.0         .0        .7      -5.8      -5.8     1.7       1.5
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\1\ Output refers to real gross domestic product in the sector.
\2\ Hours at work of all persons engaged in the sector. See footnote 2, Table B-49.
\3\ Wages and salaries of employees plus employers' contributions for social insurance and private benefit plans. Also includes an estimate of wages, salaries, and supplemental payments for
the self-employed.
\4\ Hourly compensation divided by the consumer price index. See footnote 4, Table B-49.
\5\ Current dollar output divided by the output index.

Note.--Percent changes are based on original data and may differ slightly from percent changes based on indexes in Table B-49.

Data shown in Tables B-49 and B-50 are based on pre-benchmark GDP data released in late November 2003 and do not reflect either the benchmark revision of the National Income and Product
Accounts released in early December or revised GDP data for 2003:III released in late December 2003.

Source: Department of Labor, Bureau of Labor Statistics.