The Housing Chronicles Blog: 4Q 2017 compensation costs up 0.6 percent from 3Q 2017 and 2.6 percent year-on-year

Wednesday, January 31, 2018

4Q 2017 compensation costs up 0.6 percent from 3Q 2017 and 2.6 percent year-on-year

Compensation costs for civilian workers increased 0.6 percent for the 3-month period ending in December 2017, and were up 2.6 percent year-on-year. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.5 percent, and benefits (which make up the remaining 30 percent of compensation) increased 0.5 percent.  Both of these indicators were up 2.5 percent year-on-year.

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