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Labor productivity in wholesale trade rises 2.1%

Labor productivity rose 2.1% in the wholesale sector between 2006 and 2007, data from the Bureau of Labor Statistics show. Labor productivity is defined as output per hour, and output per hour grew in 12 out of 19 specific wholesale industries in 2007. The annual rate of growth in labor productivity in wholesale trade averaged 3.3% from 1987 to 2007. Modern Distribution Management (08/27)