Productivity in hardwood dimension and flooring. (industry statistics)

Monthly Labor Review | October 1, 1994| | Copyright

Productivity in this industry grew less than 1 percent a year during the 1972-91 period; output stood still, and employee hours declined an average of almost 1 percent annually

Productivity growth in the hardwood dimension and flooring industry averaged 0.9 percent annually from 1972 to 1991.(1) Small firms dominate the industry. Production tends to be labor intensive, with new technology being slow to disperse throughout the industry. The industry also experienced many changes in the demand for its products as consumer preferences changed. As a result, manufacturing ...

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