Productivity in trade and food services, 2005
August 23, 2006
Labor productivity—defined as output per hour—rose 0.6 percent in wholesale trade, 3.4 percent in retail trade, and 1.6 percent in food services and drinking places in 2005.
In wholesale trade, output per hour grew 0.6 percent as output rose 3.1 percent and hours increased 2.5 percent. The fastest productivity growth among individual wholesale trade industries was recorded for two nondurable wholesale industries: paper and paper products wholesaling, and apparel, piece goods, and notions wholesaling.
In retail trade, output per hour increased 3.4 percent as output and hours grew 4.3 percent and 0.9 percent, respectively. Florists registered the highest productivity growth rate.
In food services and drinking places, output per hour rose 1.6 percent as output increased 3.5 percent and hours grew 1.9 percent. Productivity grew 2.6 percent in full-service restaurants, the largest industry in this sector.
This information is from the BLS Productivity and Costs Program. 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, 2005" (PDF) (TXT), news release USDL 06-1476.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity in trade and food services, 2005 on the Internet at https://www.bls.gov/opub/ted/2006/aug/wk3/art03.htm (visited November 19, 2019).
Recent editions of Spotlight on Statistics
- A look at employment and wages in U.S. establishments with foreign ownership
Examines employment and wages in U.S. establishments that have at least one foreign owner with at least 10 percent ownership.
- 25 years of Worker Injury, Illness, and Fatality Case Data
Examines detailed historical data on work-related injuries, illnesses, and fatal injuries.
- Occupational employment projections through the perspective of education and training
Examines employment, projected employment growth, and wages for occupations with different education and training requirements.
- Workers in Alternative Employment Arrangements
A look at independent contractors, on-call workers, temporary help agency workers, and workers provided by contract firms.