|
|
Article: Productivity trends in the furniture and home furnishings stores industry.
- Article from:
- Monthly Labor Review
- Article date:
- May 1, 1987
- Author:
CopyrightCOPYRIGHT 1987 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Productivity trends in the furniture and home furnishings stores industry
Productivity, as measured by output per hour of all persons, grew at an average rate of 3.0 percent in the furniture and home furnishings stores industry from 1967 to 1985.(1) This gain is significantly above the productivity growth rate for the nonfarm business sector of the economy, which was 0.9 percent during the same period. The productivity trend rate in the furniture and home furnishings stores industry reflects an increase in output of 4.8 percent and a gain in hours of all persons averaging 1.8 percent.
Productivity growth in this industry compared favorably with trends ...