Wholesale-trade productivity in 2004
October 05, 2005
Labor productivity—defined as output per hour—rose 7.8 percent between 2003 and 2004 in wholesale trade.
[Chart data—TXT]
Output also increased by 7.8 percent, while hours remained steady.
From 1987 to 2004, labor productivity rose at an average annual rate of 3.9 percent per year in wholesale trade. Output increased 4.4 percent per year, on average, while hours grew 0.4 percent per year.
The wholesale trade sector includes establishments engaged in wholesaling merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. Wholesalers sell merchandise to other businesses and normally operate from a warehouse or office.
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, 2004" (PDF) (TXT), news release USDL 05-1820.
OF INTEREST
Recent editions of Spotlight on Statistics
- Fatal Injuries to Foreign-Born Hispanic or Latino Workers
Explores the industries, occupations, and events related to these fatalities.
- For-Profit, Nonprofit, and Government Sector Jobs in 2022
Compares the labor force characteristics and experiences of workers in the for-profit, nonprofit, government, and self-employed sectors.
- Union Membership, Activity, and Compensation in 2022
Focuses on trends in union membership, work stoppages, and pay and benefits among union members.
- A Look at a Neat Industry: Distilleries
Examines trends in employment, establishments, wages, and consumer prices for distilleries.
- Healthcare Occupations: Characteristics of the Employed
Compares the demographic characteristics of workers in healthcare occupations.
United States Department of Labor
