The 2020 Mid-Year Economic Update_long

Labor Productivity Improves in Wholesale Sector 2005-2006

Labor productivity -defined as output per hour -increased 4.3 percent in wholesale trade in 2006, according to the U.S. Bureau of Labor Statistics. From 1987 to 2006, labor productivity increased at the following average annual rate: 3.5 percent.
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2005-2006 Change in Wholesale Trade
Output per hour grew 4.3 percent, as output increased 6.6 percent and hours advanced 2.2 percent.&nbsp ; Labor productivity rose 5.1 percent in durable merchant wholesalers and increased 2.7 percent in nondurable merchant wholesalers.


Labor productivity rose in 15 of the 19 detailed wholesale trade industries in 2006, as output grew in 17 industries while ...

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