Productivity in retail trade, 2004
September 29, 2005
Productivity, as measured by output per hour, increased 6.1 percent in retail trade in 2004. Output rose by 6.5 percent while hours increased by 0.4 percent.
Labor productivity rose in 21 of the 27 detailed retail trade industries in 2004. The largest increases were 18.1 percent in sporting goods and musical instrument stores and 17.2 percent in electronic shopping and mail order houses.
From 1987 to 2004, labor productivity in retail trade increased 3.4 percent per year, while output increased 4.3 percent, and hours increased 0.8 percent per year.
This information is from the BLS Productivity and Costs Program. Productivity data are subject to revision. Additional information is available from "Productivity and Costs by Industry: Wholesale Trade, Retail Trade, and Food Services and Drinking Places, 2004" (PDF) (TXT), news release USDL 05-1820.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity in retail trade, 2004 on the Internet at http://www.bls.gov/opub/ted/2005/sept/wk4/art04.htm (visited December 22, 2014).