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 http://www.bls.gov/opub/ted/2005/oct/wk1/art03.htm (visited August 29, 2015).
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.