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 http://www.bls.gov/opub/ted/2006/aug/wk3/art03.htm (visited July 29, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
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.