Productivity trends in the furniture and home furnishings stores industry.
From 1967 to 1985, the productivity growth rate in the furniture and home furnishings stores industry outpaced that of the nonfarm business sector. Output per hour of all persons in furniture and home furnishings grew at an average rate of 3.0 percent, while the analogous figure for the nonfarm bus...
| Publicado en: | Monthly Labor Review Vol. 110; pp. 24 - 30 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
US Department of Labor
May 1987
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | From 1967 to 1985, the productivity growth rate in the furniture and home furnishings stores industry outpaced that of the nonfarm business sector. Output per hour of all persons in furniture and home furnishings grew at an average rate of 3.0 percent, while the analogous figure for the nonfarm business sector was 0.9. Productivity growth differed for the two components of the industry; the appliance, radio, and TV stores component showed gains of 4.6 percent while the furniture and home furnishings component showed 1.9 percent for the period 1967–85. The growth in new residential construction as a result of low mortgage interest rates should assure the industry of continued high growth in both components. |
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