Productivity up in most of largest retail trade industries
December 31, 2003
In 2002, labor productivity—as measured by output per hour—rose in four of the six largest retail trade industries (those with more than one million employees).
Productivity increased 10.9 percent in other general merchandise stores (such as warehouse clubs, catalog showrooms, and dollar stores), 6.2 percent in clothing stores, 3.9 percent in building material and supplies dealers, and 3.1 percent in grocery stores.
Labor productivity declined 1.0 percent for department stores and 2.6 percent for automobile dealers.
Productivity grew 4.2 percent in the entire retail trade sector in 2002. Output increased by 3.3 percent while hours fell by 0.9 percent.
This information is from the BLS Productivity and Costs program. Data are subject to revision. Additional information is available from "Productivity and Costs: Wholesale Trade, Retail Trade, And Food Services And Drinking Places, 2002" (PDF) (TXT), news release USDL 03-972. The "other general merchandise stores" industry is made up of establishments primarily engaged in retailing new goods in general merchandise stores (except department stores).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity up in most of largest retail trade industries on the Internet at http://www.bls.gov/opub/ted/2003/dec/wk5/art03.htm (visited May 03, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.