[Economic Report of the President (2005)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-48.--Employment cost index, private industry, 1984-2004
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Total private           Goods-producing         Service-producing          Manufacturing           Nonmanufacturing
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Total   Wages            Total   Wages            Total   Wages            Total   Wages            Total   Wages
Year and month                             com-     and    Bene-    com-     and    Bene-    com-     and    Bene-    com-     and    Bene-    com-     and    Bene-
pen-    sala-    fits    pen-    sala-    fits    pen-    sala-    fits    pen-    sala-    fits    pen-    sala-    fits
sation   ries     \1\    sation   ries     \1\    sation   ries     \1\    sation   ries     \1\    sation   ries     \1\
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Index, June 1989=100; not seasonally adjusted
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December:
1984.............................................................    84.0    84.8     81.7    85.4    86.4     83.2    82.9    83.7    80.4     85.0    86.1     82.7    83.4    84.2     81.1
1985.............................................................    87.3    88.3     84.6    88.2    89.4     85.7    86.6    87.7    83.6     87.8    89.2     85.0    87.0    88.0     84.4
1986.............................................................    90.1    91.1     87.5    91.0    92.3     88.3    89.3    90.3    86.8     90.7    92.1     87.5    89.7    90.6     87.5
1987.............................................................    93.1    94.1     90.5    93.8    95.2     90.9    92.6    93.4    90.2     93.4    95.2     89.8    92.9    93.7     91.0
1988.............................................................    97.6    98.0     96.7    97.9    98.2     97.3    97.3    97.8    96.1     97.6    98.1     96.6    97.5    97.8     96.8
1989.............................................................   102.3   102.0    102.6   102.1   102.0    102.6   102.3   102.2   102.6    102.0   101.9    102.3   102.3   102.2    102.8

1990.............................................................   107.0   106.1    109.4   107.0   105.8    109.9   107.0   106.3   109.0    107.2   106.2    109.5   106.9   106.1    109.3
1991.............................................................   111.7   110.0    116.2   111.9   109.7    116.7   111.6   110.2   115.7    112.2   110.3    116.1   111.5   109.8    116.2
1992.............................................................   115.6   112.9    122.2   116.1   112.8    123.4   115.2   113.0   121.2    116.5   113.7    122.6   115.1   112.6    122.0
1993.............................................................   119.8   116.4    128.3   120.6   116.1    130.3   119.3   116.6   126.7    121.3   117.3    130.0   119.0   116.0    127.4
1994.............................................................   123.5   119.7    133.0   124.3   119.6    134.8   122.8   119.7   131.5    125.1   120.8    134.3   122.6   119.1    132.3
1995.............................................................   126.7   123.1    135.9   127.3   122.9    137.1   126.2   123.2   134.7    128.3   124.3    136.7   125.9   122.5    135.3
1996.............................................................   130.6   127.3    138.6   130.9   126.8    139.7   130.2   127.5   137.4    132.1   128.4    139.8   129.8   126.8    137.9
1997.............................................................   135.1   132.3    141.8   134.1   130.6    141.5   135.3   133.1   141.4    135.3   132.2    141.7   134.7   132.1    141.5
1998.............................................................   139.8   137.4    145.2   137.8   135.2    143.2   140.5   138.4   145.7    138.9   136.8    142.7   139.7   137.4    145.8
1999.............................................................   144.6   142.2    150.2   142.5   139.7    148.2   145.3   143.3   150.7    143.6   141.5    147.8   144.5   142.1    150.7

2000.............................................................   150.9   147.7    158.6   148.8   145.2    156.2   151.7   148.9   159.4    149.3   146.5    154.8   151.1   147.9    159.7
2001.............................................................   157.2   153.3    166.7   154.4   150.5    162.6   158.2   154.5   168.4    154.6   151.7    160.4   157.6   153.5    168.8
2002.............................................................   162.3   157.5    174.6   160.1   155.0    171.0   163.1   158.6   175.9    160.5   156.5    168.9   162.5   157.5    176.3
2003.............................................................   168.8   162.3    185.8   166.5   158.7    183.8   169.7   163.9   186.2    167.1   160.1    182.3   169.0   162.6    186.7

2004: Mar..........................................................   171.4   163.4    192.2   170.3   159.9    193.7   171.6   165.0   190.6    171.7   161.3    194.4   170.9   163.7    190.9
June.........................................................   173.0   164.5    195.3   171.8   160.9    196.2   173.3   166.1   194.1    173.2   162.4    196.9   172.5   164.8    194.3
Sept.........................................................   174.4   165.9    196.9   173.3   162.3    198.1   174.7   167.5   195.5    174.9   163.8    199.2   173.9   166.2    195.7
Dec..........................................................   175.2   166.2    198.7   174.3   162.4    201.2   175.3   167.9   196.5    175.4   164.0    200.4   174.7   166.6    197.6
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Index, June 1989=100; seasonally adjusted
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2003: Mar..........................................................   165.0   159.3    178.6   163.3   156.3    177.2   165.8   160.6   179.5    163.6   158.0    175.9   164.8   159.4    179.9
June.........................................................   166.4   160.3    181.1   164.9   157.4    179.6   167.1   161.5   182.1    164.9   159.0    178.2   166.3   160.3    182.5
Sept.........................................................   168.2   161.7    183.8   166.5   158.3    182.6   169.0   163.2   184.5    166.5   159.7    181.4   168.0   161.9    185.0
Dec..........................................................   169.5   162.5    186.3   167.6   158.7    185.1   170.4   164.2   187.0    167.6   160.1    183.9   169.4   162.9    187.6
2004: Mar..........................................................   171.3   163.5    191.2   170.6   159.9    192.8   171.7   165.0   190.2    171.4   161.3    193.3   170.8   163.7    190.5
June.........................................................   173.0   164.4    194.5   172.1   160.9    195.5   173.4   165.9   193.9    172.8   162.4    196.0   172.4   164.6    193.9
Sept.........................................................   174.5   165.8    196.4   174.0   162.3    198.4   174.8   167.4   195.3    174.9   163.8    199.5   173.7   166.0    195.6
Dec..........................................................   175.8   166.4    199.3   175.5   162.4    202.6   176.0   168.2   197.4    175.9   164.0    202.2   175.1   166.9    198.5
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Percent change from 12 months earlier, not seasonally adjusted
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December:
1984.............................................................     4.9     4.2      6.5     4.7     3.8      6.3     5.1     4.4     6.9      5.2     4.4      6.7     4.8     4.0      6.4
1985.............................................................     3.9     4.1      3.5     3.3     3.5      3.0     4.5     4.8     4.0      3.3     3.6      2.8     4.3     4.5      4.1
1986.............................................................     3.2     3.2      3.4     3.2     3.2      3.0     3.1     3.0     3.8      3.3     3.3      2.9     3.1     3.0      3.7
1987.............................................................     3.3     3.3      3.4     3.1     3.1      2.9     3.7     3.4     3.9      3.0     3.4      2.6     3.6     3.4      4.0
1988.............................................................     4.8     4.1      6.9     4.4     3.2      7.0     5.1     4.7     6.5      4.5     3.0      7.6     5.0     4.4      6.4
1989.............................................................     4.8     4.1      6.1     4.3     3.9      5.4     5.1     4.5     6.8      4.5     3.9      5.9     4.9     4.5      6.2

1990.............................................................     4.6     4.0      6.6     4.8     3.7      7.1     4.6     4.0     6.2      5.1     4.2      7.0     4.5     3.8      6.3
1991.............................................................     4.4     3.7      6.2     4.6     3.7      6.2     4.3     3.7     6.1      4.7     3.9      6.0     4.3     3.5      6.3
1992.............................................................     3.5     2.6      5.2     3.8     2.8      5.7     3.2     2.5     4.8      3.8     3.1      5.6     3.2     2.6      5.0
1993.............................................................     3.6     3.1      5.0     3.9     2.9      5.6     3.6     3.2     4.5      4.1     3.2      6.0     3.4     3.0      4.4
1994.............................................................     3.1     2.8      3.7     3.1     3.0      3.5     2.9     2.7     3.8      3.1     3.0      3.3     3.0     2.7      3.8
1995.............................................................     2.6     2.8      2.2     2.4     2.8      1.7     2.8     2.9     2.4      2.6     2.9      1.8     2.7     2.9      2.3
1996.............................................................     3.1     3.4      2.0     2.8     3.2      1.9     3.2     3.5     2.0      3.0     3.3      2.3     3.1     3.5      1.9
1997.............................................................     3.4     3.9      2.3     2.4     3.0      1.3     3.9     4.4     2.9      2.4     3.0      1.4     3.8     4.2      2.6
1998.............................................................     3.5     3.9      2.4     2.8     3.5      1.2     3.8     4.0     3.0      2.7     3.5       .7     3.7     4.0      3.0
1999.............................................................     3.4     3.5      3.4     3.4     3.3      3.4     3.4     3.5     3.4      3.4     3.4      3.4     3.4     3.4      3.4

2000.............................................................     4.4     3.9      5.6     4.4     3.9      5.4     4.4     3.9     5.8      4.0     3.5      4.7     4.6     4.1      6.0
2001.............................................................     4.2     3.8      5.1     3.8     3.7      4.1     4.3     3.8     5.6      3.5     3.5      3.6     4.3     3.8      5.7
2002.............................................................     3.2     2.7      4.7     3.7     3.0      5.2     3.1     2.7     4.5      3.8     3.2      5.3     3.1     2.6      4.4
2003.............................................................     4.0     3.0      6.4     4.0     2.4      7.5     4.0     3.3     5.9      4.1     2.3      7.9     4.0     3.2      5.9

2004: Mar..........................................................     3.9     2.6      7.0     4.5     2.3      8.8     3.6     2.7     5.9      4.7     2.1      9.9     3.6     2.7      5.9
June.........................................................     4.0     2.6      7.3     4.4     2.2      8.9     3.8     2.7     6.5      4.7     2.1     10.0     3.7     2.7      6.3
Sept.........................................................     3.7     2.6      6.8     4.6     2.5      8.7     3.5     2.6     5.8      5.0     2.6     10.0     3.5     2.5      5.7
Dec..........................................................     3.8     2.4      6.9     4.7     2.3      9.5     3.3     2.4     5.5      5.0     2.4      9.9     3.4     2.5      5.8
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Percent change from 3 months earlier, seasonally adjusted
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2003: Mar..........................................................     1.4     1.0      2.1     1.6     0.8      3.0     1.3     1.1     1.6      1.6     1.0      3.3     1.2     1.0      1.6
June.........................................................      .8      .6      1.4     1.0      .7      1.4      .8      .6     1.4       .8      .6      1.3      .9      .6      1.4
Sept.........................................................     1.1      .9      1.5     1.0      .6      1.7     1.1     1.1     1.3      1.0      .4      1.8     1.0     1.0      1.4
Dec..........................................................      .8      .5      1.4      .7      .3      1.4      .8      .6     1.4       .7      .3      1.4      .8      .6      1.4
2004: Mar..........................................................     1.1      .6      2.6     1.8      .8      4.2      .8      .5     1.7      2.3      .7      5.1      .8      .5      1.5
June.........................................................     1.0      .6      1.7      .9      .6      1.4     1.0      .5     1.9       .8      .7      1.4      .9      .5      1.8
Sept.........................................................      .9      .9      1.0     1.1      .9      1.5      .8      .9      .7      1.2      .9      1.8      .8      .9       .9
Dec..........................................................      .7      .4      1.5      .9      .1      2.1      .7      .5     1.1       .6      .1      1.4      .8      .5      1.5
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\1\ Employer costs for employee benefits.

Note.--The employment cost index is a measure of the change in the cost of labor, free from the influence of employment shifts among occupations and industries.
Data exclude farm and household workers.

Source: Department of Labor, Bureau of Labor Statistics.