A Satellite Account to Measure the Retail Transformation: Organizational, Conceptual, and Data Foundations (2021)
Chapter: Appendix B: Retail Output, Hours, and Labor Productivity, 1997-2018
Visit
NAP.edu/10766
to get more information about this book, to buy it in print, or to
download it as a free PDF.
Previous Chapter:
Appendix A: Agenda for the Panel's Workshop
Next Chapter: Appendix C: Biographical Sketches of Panel Members
Suggested Citation:
"Appendix B: Retail Output, Hours, and Labor Productivity, 1997-2018." National Academies of Sciences, Engineering, and Medicine. 2021. A Satellite Account to Measure the Retail Transformation: Organizational, Conceptual, and Data Foundations. Washington, DC: The National Academies Press.
doi: 10.17226/26101.
Suggested Citation:
"Appendix B: Retail Output, Hours, and Labor Productivity, 1997-2018." National Academies of Sciences, Engineering, and Medicine. 2021. A Satellite Account to Measure the Retail Transformation: Organizational, Conceptual, and Data Foundations. Washington, DC: The National Academies Press.
doi: 10.17226/26101.
| Index Change | Productivity Change | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | 1997-2018 | Total | Annual | ||||||||||
| Industry | Measure | 1997 | 2007 | 2018 | 1997-2018 | Total | Annual | 1997-2007 | 2007-2018 | 1997-2007 | 2007-2018 | ||
| 44,45 - Retail trade | Sales | 64.916 | 100.000 | 124.940 | 92.5% | 89.0% | 3.1% | 50.9% | 25.2% | 4.2% | 2.1% | ||
| Margin | 75.329 | 103.21 | 125.78 | 67.0% | 64.0% | 2.4% | 34.3% | 22.1% | 3.0% | 1.8% | |||
| Value Added | 76.897 | 105.14 | 120.33 | 56.5% | 53.7% | 2.1% | 34.0% | 14.7% | 3.0% | 1.3% | |||
| Hours | 97.987 | 100.000 | 99.785 | 1.8% | |||||||||
| 441 - Motor vehicle and parts dealers | Sales | 70.863 | 100.000 | 120.501 | 70.0% | 52.6% | 2.0% | 32.9% | 14.8% | 2.9% | 1.3% | ||
| Margin | 101.77 | 104.82 | 155 | 52.3% | 36.6% | 1.5% | -3.0% | 40.9% | -0.3% | 3.2% | |||
| Value Added | 95.839 | 109.44 | 151.98 | 58.6% | 42.3% | 1.7% | 7.5% | 32.3% | 0.7% | 2.6% | |||
| Hours | 94.166 | 100.000 | 104.962 | 11.5% | |||||||||
| 444 - Building material and garden supply stores | Sales | 61.031 | 100.000 | 110.475 | 81.0% | 68.8% | 2.5% | 34.9% | 25.1% | 3.0% | 2.1% | ||
| Margin | 76.671 | 115.58 | 121.92 | 59.0% | 48.3% | 1.9% | 24.1% | 19.5% | 2.2% | 1.6% | |||
| Value Added | 67.394 | 108.69 | 109.26 | 62.1% | 51.2% | 2.0% | 32.8% | 13.9% | 2.9% | 1.2% | |||
| Hours | 82.319 | 100.000 | 88.284 | 7.2% | |||||||||
| 445 - Food and beverage stores | Sales | 94.752 | 100.000 | 114.421 | 20.8% | 34.0% | 1.4% | 21.6% | 10.2% | 2.0% | 0.9% | ||
| Margin | 100.54 | 104.41 | 102.22 | 1.7% | 12.9% | 0.6% | 19.6% | -5.7% | 1.8% | -0.5% | |||
| Value Added | 120.6 | 112.74 | 95.773 | -20.6% | -11.9% | -0.6% | 7.7% | -18.2% | 0.7% | -1.8% | |||
| Hours | 115.207 | 100.000 | 103.795 | -9.9% | |||||||||
| 446 - Health and personal care stores | Sales | 62.581 | 100.000 | 108.074 | 72.7% | 39.1% | 1.6% | 37.4% | 1.2% | 3.2% | 0.1% | ||
| Margin | 76.623 | 93.07 | 117.96 | 53.9% | 24.0% | 1.0% | 4.4% | 18.7% | 0.4% | 1.6% | |||
| Value Added | 92.852 | 95.913 | 116.56 | 25.5% | 1.1% | 0.1% | -11.2% | 13.8% | -1.2% | 1.2% | |||
| Hours | 85.972 | 100.000 | 106.769 | 24.2% | |||||||||
| 447 - Gasoline stations | Sales | 89.167 | 100.000 | 102.647 | 15.1% | 26.0% | 1.1% | 29.4% | -2.6% | 2.6% | -0.2% | ||
| Margin | 100.86 | 108.93 | 98.78 | -2.1% | 7.2% | 0.3% | 24.6% | -14.0% | 2.2% | -1.4% | |||
| Value Added | 132.34 | 130.25 | 74.198 | -43.9% | -38.6% | -2.3% | 13.5% | -46.0% | 1.3% | -5.4% | |||
| Hours | 115.357 | 100.000 | 105.401 | -8.6% | |||||||||
| 448 - Clothing and clothing accessories stores | Sales | 55.427 | 100.000 | 116.855 | 110.8% | 118.6% | 3.8% | 73.4% | 26.1% | 5.7% | 2.1% | ||
| Margin | 59.241 | 103.56 | 114.14 | 92.7% | 99.8% | 3.4% | 68.0% | 18.9% | 5.3% | 1.6% | |||
| Value Added | 69.112 | 106.33 | 113.8 | 64.7% | 70.8% | 2.6% | 47.8% | 15.5% | 4.0% | 1.3% | |||
| Hours | 96.087 | 100.000 | 92.657 | -3.6% | |||||||||
| 452 - General merchandise stores | Sales | 54.865 | 100.000 | 121.999 | 122.4% | 76.7% | 2.7% | 52.2% | 16.1% | 4.3% | 1.4% | ||
| Margin | 61.229 | 108.4 | 114.25 | 86.6% | 48.3% | 1.9% | 47.8% | 0.3% | 4.0% | 0.0% | |||
| Value Added | 61.185 | 112.98 | 119.22 | 94.9% | 54.9% | 2.1% | 54.2% | 0.4% | 4.4% | 0.0% | |||
| Hours | 83.509 | 100.000 | 105.060 | 25.8% | |||||||||
| 454 - Nonstore retailers | Sales | 34.660 | 100.000 | 231.360 | 567.5% | 482.3% | 8.8% | 198.2% | 95.3% | 11.5% | 6.3% | ||
| Margin | 41.42 | 81.045 | 177.01 | 327.3% | 272.8% | 6.5% | 102.2% | 84.3% | 7.3% | 5.7% | |||
| Value Added | 34.5 | 72.103 | 159.62 | 362.7% | 303.6% | 6.9% | 116.0% | 86.8% | 8.0% | 5.8% | |||
| Hours | 103.360 | 100.000 | 118.494 | 14.6% | |||||||||
| 42 - Wholesale trade | Sales | 66.058 | 100.000 | 109.230 | 65.4% | 66.5% | 2.5% | 49.4% | 11.4% | 4.1% | 1.0% | ||
| Margin | 57.984 | 88.297 | 114.24 | 97.0% | 98.3% | 3.3% | 50.2% | 32.0% | 4.2% | 2.6% | |||
| Value Added | 68.023 | 102.07 | 113.09 | 66.3% | 67.4% | 2.5% | 48.0% | 13.0% | 4.0% | 1.1% | |||
| Hours | 98.660 | 100.000 | 98.009 | -0.7% | |||||||||
| 493 - Warehousing and storage | Sales | 60.027 | 100.000 | 156.161 | 160.2% | 0.7% | 0.0% | 15.2% | -12.5% | 1.4% | -1.2% | ||
| Margin | 28.37 | 62.763 | 119.72 | 322.0% | 63.4% | 2.4% | 52.9% | 6.9% | 4.3% | 0.6% | |||
| Value Added | 48.383 | 80.867 | 144.62 | 198.9% | 15.8% | 0.7% | 15.5% | 0.2% | 1.5% | 0.0% | |||
| Hours worked | 69.125 | 100.000 | 178.501 | 158.2% | |||||||||
SOURCES: Output measured by sales revenue (“Sales”) from U.S. Bureau of Labor Statistics (BLS), Division of Industry Productivity Studies (https://www.bls.gov/lpc/lpc_by_industry_and_measure.xlsx using the “Output” field). Output measured by gross margin (“Margin”) and value added (“Value Added”) from U.S. Bureau of Economic Analysis, Industry Data webpage (using the “Chain-Type Quantity Index” for both gross output and value added). Hours data (“Hours”) from BLS (https://www.bls.gov/lpc/lpc_by_industry_and_measure.xlsx using the “Hours” field). All four series described using indices where 2007=100 (Sales, Hours) or 2012=100 (Margin, Value Added). Labor productivity calculated by dividing change in output by change in hours worked, using hours data.
Suggested Citation:
"Appendix B: Retail Output, Hours, and Labor Productivity, 1997-2018." National Academies of Sciences, Engineering, and Medicine. 2021. A Satellite Account to Measure the Retail Transformation: Organizational, Conceptual, and Data Foundations. Washington, DC: The National Academies Press.
doi: 10.17226/26101.
Suggested Citation:
"Appendix B: Retail Output, Hours, and Labor Productivity, 1997-2018." National Academies of Sciences, Engineering, and Medicine. 2021. A Satellite Account to Measure the Retail Transformation: Organizational, Conceptual, and Data Foundations. Washington, DC: The National Academies Press.
doi: 10.17226/26101.
Subscribe to Email from the National Academies
Keep up with all of the activities, publications, and events by subscribing to free updates by email.