Productivity in Retail Miscellaneous Shopping Goods Stores

Article excerpt

Productivity growth in the miscellaneous shopping goods stores industry is moderate, compared with other retail industries, as reported by the Bureau of Labor Statistics. Among 22 retail industries, 15 had higher productivity rates and 7 had lower rates between 1977 and 1992. As measured by output per hour of all workers, productivity rose at an average annual rate of 1.7 percent between 1977 and 1992. Output grew at 4.5 percent annually and hours of all persons rose by 2.8 percent.(1) (See table 1.

Table 1. Annual percent changes in productivity, output, and hours
of all persons in the miscellaneous shopping goods stores industry,
1977-92

              Output per      Output              Hours    All
Years           hour of        per      Output   of all   persons
              all persons    person              persons

1977-78         8.4            6.5      15.3      6.3        8.2
1978-79        -2.0           -4.1        .9      2.9        5.1
1979-80         1. 1          -2.3        .3       .9        2.1
1980-81        -1.7           -1.3       2.9      4.6        4.2
1981-82         2.4             .9       1.8      -.5         .9

1982-83         1.1            -.2       3.3      4.4        3.5
1983-84         5.1            5.4      10.2      4.9        4.5
1984-85         1.7             .6       2.6       .9        2.0
1985-66         3.0            1.8       7.3      4.1        5.3
1986-87         3.1            3.6       9.1      5.8        5.3

1987-88        -1.5           -2.1       6.0      7.6        8.3
1988-89         3.4            2.9       5.5      2.0        2.5
1989-90         .2              .0       -.3      -.5        -.3
1990-91         .8             -.1       1.9     -2.7        1.8
1991-92        5.5             6.5         7.     1.4         .6

1977-92        1.7             1.2       4.5      2.8        3.3

The industry recorded its largest productivity gain of 8.4 percent in 1978. Output grew 15.3 percent and hours of all persons rose 6.3 percent that year. The sharpest decline in productivity--2.0 percent--occurred in 1979; output and hours grew 0.9 and 2.9 percent. Output rose 7.0 percent in 1992 as productivity rose 5.5 percent and hours of all persons rose 1.4 percent. Also in 1992, output and productivity attained their peak levels, while hours reached a high for the period in 1989. (See table 2.)

Table 2. Output per hour of all persons and related indexes in the
miscellaneous shopping goods stores industry, 1977-92

[1987=100]

           Output per     Output              Hours
Year        hour of        per      Output    of all     All
          all persons     person             persons    persons

1977         84.2          90.1      60.3      71.6       66.9
1978         91.3          96.0      69.5      76.1       72.4
1979         89.5          92.1      70.1      78.3       76.1
1980         88.5          90.0      69.9      79.0       77.7
1981         87.0          88.8      71.9      82.6       81.0
1982         89.1          89.6      73.2      82.2       81.7
1983         88.1          89.4      75.6      85.8       84.6
1984         92.6          94.2      83.3      90.0       88.4
1985         94.2          94.8      85.5      90.8       90.2
1986         97.0          96.5      91.7      94.5       95.0
1987        100.0         100.0     100.0     100.0      100.0
1988         98.5          97.9     106.0     107.6      108.3
1989        101.8         100.7     111.8     109.8      111.0
1990        102.0         100.7     111.5     109.3      110.7
1991        102.8         100.6     109.4     106.4      108.7
1992        108.5         107.1     117.1     107.9      109.3

Industry structure

The miscellaneous shopping goods stores industry comprises a variety of retail stores. …