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.
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.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Wholesale-trade productivity in 2004 on the Internet at https://www.bls.gov/opub/ted/2005/oct/wk1/art03.htm (visited July 26, 2017).
Recent editions of Spotlight on Statistics
Employer-sponsored healthcare coverage across wage groups
A look at the relationship between employee wages and access to, participation in, and costs of employer-sponsored medical, dental, and vision care benefit plans.
Sports and Exercise
A look at participation and time spent in sports and exercise activities.
Women at Work
A look at women's labor force participation and earnings, how women spend their time and money, the nature of fatal work injuries, and labor force projections for the future.
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.