Journal Article

Productivity growth and the retail sector


Abstract: This Economic Letter focuses on productivity growth in one area of the economy: the retail trade industry. Although strong productivity growth is often associated with high-tech industries (such as semiconductor manufacturing), the retail sector has enjoyed above average productivity growth and contributed significantly to the acceleration in productivity at the national level. In addition, the retail trade industry highlights the diverse forces involved in the evolution of productivity growth.

Keywords: Retail trade; Productivity;

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Bibliographic Information

Provider: Federal Reserve Bank of San Francisco

Part of Series: FRBSF Economic Letter

Publication Date: 2004

Order Number: 37