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ECONOMIC

Report - The American Presidency Project

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TABLE B-35.—Productivity and related data, private business economy, 1947-76[1967 = 100; quarterly data seasonally adjusted]Output iHours of allpersons 2Output perhour of allpersonsCompensationper hour*Unit laborcostsImplicit pricedeflator*Year or quarterTotalprivatebusinessPrivatenonfarmbusinessTotal)rivatebusinessPrivatenonfarmbusinessTotalprivatebusinessPrivatenonfarmbusinessTotalprivatebusinessPrivatenonfarmbusinessTotalprivatebusinessPrivatenonfarmbusinessTotalprivatebusinessPrivatenonfarmbusiness194719481949 |1950195119521953195419551956195719581959I9601961196219631964 -19651966196719681969197019711972197319741975 --1974:1 -.IIIIIIV1975:1 .IIIIIIV1976:1IIIII48.650.849.954.557.759.161.960.865.667.568.466.971.873.174.178.882.286.892.998.0100.0105.1108.3107.4110.3117.6124.5120.8118.1123.0121.8120.6117.7114.2116.7120.1121.2124.2125.8126.947.549.548.753.256.758.460.859.664.566.567.565.871.072.273.378.181.686.492.698.1100.0105.4108.6107.4110.3117.9125.0121.1118.0123.7122.1121.0117.9114.4116.6119.9121.3124.3126.0127.192.993.590.391.293.993.994.791.594.896.294.690.293.493.692.093.493.895.198.1100.3100.0101.7104.5102.8102.3106.0110.1110.6105.9111.3111.3110.9109.3105.7104.8105.7107.0107.7108.2108.280.982.178.981.385.085.887.984.788.190.389.785.889.389.988.790.591.493.396.8100.0100.0102.1105.3104.0103.7107.6112.2112.7107.9113.2113.5113.3111.5107.9106.7107.4109.2110.4110.4110.652.354.455.359.761.563.065.366.569.270.272.374.276.878.180.684.487.791.394.797.8100.0103.3103.7104.5107.8110.9113.1109.2111.5110.5109.4108.7107.6108.1111.4113.6113.2115.3116.3117.258.760.361.765.566.768.169.270.373.273.675.376.879.680.382.686.289.392.695.798.1100.0103.2103.1103.2106.3109.5111.4107.5109.4109.3107.6106.7105.7106.0109.2111.6111.0112.6114.1114.935.138.138.841.645.648.651.853.554.958.662.565.568.571.474.277.780.785.188.494.7100.0107.6115.1123.3131.5138.9150.3164.3180.2157.1161.8166.7170.7176.0179.0181.3185.0189.8193.3196.737.540.742.044.548.451.054.055.857.861.465.067.770.673.776.279.482.386.289.194.5100.0107.3114.2121.9129.9137.4148.1162.0177.7155.3159.6164.0168.3173.1176.4179.3182.2186.4190.4193.667.170.170.269.674.377.179.380.579.383.586.588.289.191.492.192.192.093.293.496.8100.0104.1111.0118.1121.9125.2132.9150.4161.6142.1147.9153.3158.6162.9160.7159.5163.4164.7166.1167.863.967.568.167.972.575.078.079.379.083.386.488.188.891.792.392.092.293.193.296.4100.0103.9110.9118.1122.2125.5133.0150.8162.4142.1148.3153.6159.3163.3161.6160.6164.1165.5166.9168.565.170.669.870.876.077 477.978.679 882.284.886 488.189.389 890.691.492.794.297.2100 0103.9108.8113 9118.9123.2130 3143.8157.5137.4141.5146.0150.4154.5155 9158.4160.9161.7163.8165.462.367.568.069.173.775 276 877.879 481 984 685 988 089.289 890 591.592.994 196.8100 0104 0108.7114 0119.2122.9128 0142.0156.4134.7140.1144.6149.2154.0155.0157.0159.3161.0162.5164.81 Output refers to gross domestic product originating in the sector in 1972 dollars.2 Hours of all persons in private industry engaged in production, including hours of proprietors and unpaid familyworkers. Estimates based primarily on establishment data.3 Wages and salaries of employees plus employers' contributions for social insurance and private benefit plans. Alsoincludes an estimate of wages, salaries, and supplemental payments for the self-employed.* Current dollar gross domestic product divided by constant dollar gross domestic product.Source: Department of Labor, Bureau of Labor Statistics.228

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