Faster retail productivity growth in second half of 1990s
January 15, 2002
During the second half of the 1990s, labor productivity growth accelerated sharply in the retail trade industry.
During the 1995-99 period, productivity—as measured by output per hour—increased at an annual average rate of 3.1 percent, or about twice the increase seen during the 1990-95 period. This pattern of acceleration was also evident, to various degrees, in each of the major industry groups within retail trade, with the exception of apparel stores. (The eight major industry groups comprising retail trade are shown in the chart, along with total retail trade.)
In both halves of the 1990s, home furniture, furnishings, and equipment stores was the major industry group in retail trade with the largest gains in productivity. Output per hour in this group increased by 6.0 percent per year between 1990 and 1995 and by 7.6 percent per year between 1995 and 1999. This group includes the radio, television, computer, and music stores industry, in which productivity rose at an annual rate of 10.5 percent in 1990-95 and 12.1 percent in 1995-99.
This information is from the Industry Productivity Program. Data are subject to revision. Find out more in "Labor productivity in the retail trade industry, 1987-99," by Mark Sieling, Brian Friedman, and Mark Dumas, Monthly Labor Review, December 2001.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Faster retail productivity growth in second half of 1990s on the Internet at http://www.bls.gov/opub/ted/2002/jan/wk2/art02.htm (visited December 04, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.