U.S. auto industry boosts productivity in 1990s
October 28, 1999
The motor vehicles and equipment industry has posted notable gains in labor productivity during the current economic expansion. In three segments of the industry—motor vehicle assembly, parts manufacturing, and automotive stampings—labor productivity grew by at least 3 percent per year from 1991 to 1998.
Labor productivity in motor vehicle assembly—as measured by output per hour—increased by 3.4 percent per year between 1991 and 1998. During the same period, output per hour in parts manufacturing rose by 3.1 percent annually, on average. In the automotive stampings industry, productivity climbed by 5.4 percent per year.
Note that measures of labor productivity reflect the joint effects of many influences, including changes in technology, capital investment, the level of output, capacity utilization, and the characteristics and effort of the workforce.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, U.S. auto industry boosts productivity in 1990s on the Internet at http://www.bls.gov/opub/ted/1999/oct/wk4/art04.htm (visited September 30, 2014).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.