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 01, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
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.