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In 2020, labor productivity rose 7.7 percent in retail trade, the highest annual growth since measurement began in 1987. Hours worked decreased 3.6 percent and output increased 3.9 percent in retail trade. In wholesale trade, productivity rose 3.6 percent in 2020, as output fell 2.6 percent and hours worked decreased 6.0 percent. The declines in hours worked for retail trade and wholesale trade were the largest since 2009.
Year | Wholesale trade labor productivity | Wholesale trade hours worked | Wholesale trade output | Retail trade labor productivity | Retail trade hours worked | Retail trade output |
---|---|---|---|---|---|---|
1988 |
3.2% | 3.3% | 6.6% | 2.1% | 2.3% | 4.5% |
1989 |
1.1 | 2.7 | 3.9 | 0.8 | 1.8 | 2.6 |
1990 |
4.8 | -1.7 | 3.0 | 0.2 | 0.8 | 0.9 |
1991 |
0.9 | -1.2 | -0.3 | 0.4 | -2.3 | -1.9 |
1992 |
7.8 | -1.4 | 6.3 | 4.5 | -0.4 | 4.1 |
1993 |
3.6 | -0.2 | 3.4 | 3.4 | 2.2 | 5.7 |
1994 |
2.0 | 3.4 | 5.4 | 4.3 | 2.9 | 7.4 |
1995 |
2.7 | 3.2 | 5.9 | 1.8 | 1.9 | 3.8 |
1996 |
3.5 | 1.0 | 4.5 | 4.1 | 1.1 | 5.3 |
1997 |
3.8 | 1.6 | 5.5 | 2.6 | 1.8 | 4.4 |
1998 |
3.7 | 1.6 | 5.4 | 5.6 | 0.6 | 6.3 |
1999 |
7.6 | 1.0 | 8.7 | 6.7 | 1.9 | 8.7 |
2000 |
5.4 | 0.7 | 6.2 | 3.2 | 1.2 | 4.4 |
2001 |
1.6 | -4.1 | -2.5 | 3.7 | -1.0 | 2.7 |
2002 |
4.7 | -3.0 | 1.6 | 4.5 | -0.9 | 3.5 |
2003 |
5.6 | -1.1 | 4.4 | 4.9 | -0.3 | 4.6 |
2004 |
7.7 | -0.2 | 7.5 | 5.2 | 0.0 | 5.3 |
2005 |
2.9 | 2.0 | 4.9 | 2.3 | 1.1 | 3.5 |
2006 |
2.2 | 2.7 | 4.9 | 3.8 | -0.6 | 3.2 |
2007 |
1.2 | 1.8 | 3.0 | 2.2 | 0.0 | 2.2 |
2008 |
-3.1 | -0.9 | -4.0 | -2.2 | -2.3 | -4.5 |
2009 |
-3.2 | -7.7 | -10.6 | 0.5 | -5.8 | -5.3 |
2010 |
7.1 | -1.8 | 5.2 | 2.4 | 0.7 | 3.1 |
2011 |
-0.1 | 3.1 | 2.9 | 0.7 | 2.2 | 2.9 |
2012 |
1.9 | 1.4 | 3.4 | 2.2 | 1.0 | 3.3 |
2013 |
2.3 | 1.2 | 3.5 | 4.3 | -0.5 | 3.8 |
2014 |
2.0 | 1.4 | 3.3 | 1.7 | 2.2 | 3.9 |
2015 |
1.7 | 0.6 | 2.4 | 3.2 | 1.6 | 4.9 |
2016 |
0.4 | 0.4 | 0.8 | 4.4 | -0.2 | 4.2 |
2017 |
1.5 | 0.2 | 1.7 | 1.9 | 1.3 | 3.2 |
2018 |
2.0 | 0.5 | 2.5 | 3.0 | -0.1 | 2.9 |
2019 |
0.0 | 0.2 | 0.2 | 4.8 | -1.6 | 3.1 |
2020 |
3.6 | -6.0 | -2.6 | 7.7 | -3.6 | 3.9 |
In wholesale trade, productivity increased in both durable goods (+1.6 percent) and nondurable goods (+8.3 percent) in 2020. Productivity fell 4.7 percent in electronic markets and agents and brokers.
Industry | Percent change |
---|---|
Wholesale trade |
3.6% |
Nondurable goods |
8.3 |
Paper and paper products |
17.7 |
Alcoholic beverages |
14.3 |
Druggists' goods |
13.0 |
Petroleum |
8.0 |
Grocery and related products |
5.8 |
Miscellaneous nondurable goods |
5.2 |
Farm product raw materials |
4.6 |
Chemicals |
2.3 |
Apparel and piece goods |
-0.4 |
Durable goods |
1.6 |
Hardware and plumbing |
7.1 |
Appliances and electric goods |
6.3 |
Miscellaneous durable goods |
6.0 |
Furniture and furnishings |
4.5 |
Machinery and supplies |
2.4 |
Motor vehicles and parts |
2.3 |
Commercial equipment |
1.4 |
Lumber and construction supplies |
-1.8 |
Metals and minerals |
-4.4 |
Electronic markets and agents and brokers |
-4.7 |
Electronic markets and agents and brokers |
-4.7 |
Retail trade |
7.7 |
Nonstore retailers |
19.6 |
Vending machine operators |
26.7 |
Electronic shopping and mail-order houses |
12.9 |
Direct selling establishments |
9.9 |
Sports, hobby, music instruments, book stores |
19.5 |
Book stores and news dealers |
58.1 |
Sporting goods and musical instrument stores |
16.0 |
Health and personal care stores |
13.1 |
Health and personal care stores |
13.1 |
Miscellaneous store retailers |
12.2 |
Florists |
24.9 |
Other miscellaneous store retailers |
13.7 |
Used merchandise stores |
3.4 |
Office supplies, stationery and gift stores |
-0.3 |
Food and beverage stores |
8.8 |
Beer, wine and liquor stores |
18.3 |
Specialty food stores |
9.0 |
Grocery stores |
7.6 |
Motor vehicle and parts dealers |
7.0 |
Other motor vehicle dealers |
25.9 |
Automobile dealers |
8.2 |
Auto parts, accessories, and tire stores |
1.8 |
Clothing and clothing accessories stores |
3.6 |
Jewelry, luggage, and leather goods stores |
35.4 |
Shoe stores |
12.1 |
Clothing stores |
-4.3 |
Furniture and home furnishings stores |
2.9 |
Furniture stores |
7.1 |
Home furnishings stores |
-1.6 |
General merchandise stores |
2.2 |
Other general merchandise stores |
0.5 |
Department stores |
-2.7 |
Building material and garden supply stores |
-0.7 |
Lawn and garden equipment and supplies stores |
11.0 |
Building material and supplies dealers |
-2.3 |
Electronics and appliance stores |
-2.0 |
Electronics and appliance stores |
-2.0 |
Gasoline stations |
-5.0 |
Gasoline stations |
-5.0 |
In retail trade, productivity rose in 9 of the 12 industries studied. The largest productivity increases in 2020 occurred in nonstore retailers (+19.6 percent) and sports, hobby, music instruments, book stores (+19.5 percent). Productivity decreased in building material and garden supply stores (−0.7 percent), electronics and appliance stores (−2.0 percent), and gasoline stations (−5.0 percent).
These data are from the Labor Productivity and Costs program. Data are preliminary and may be revised. To learn more, see "Productivity and Costs by Industry: Wholesale Trade and Retail Trade Industries — 2020." Also see charts related to the latest "Productivity and Costs by Industry: Wholesale and Retail Trade Industries" news release.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Labor productivity up 7.7 percent in retail trade and 3.6 percent in wholesale trade in 2020 at https://www.bls.gov/opub/ted/2021/labor-productivity-up-7-7-percent-in-retail-trade-and-3-6-percent-in-wholesale-trade-in-2020.htm (visited October 03, 2024).