A BLS Reader on Productivity Volume 2474

A BLS Reader on Productivity Volume 2474

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1996-06-01 edition. Excerpt: ...fabric mills, cotton (sic 2211), and in broadwoven fabric mills, synthetic (SIC 2221), rose in 1973, output fell by 9.1 percent because of hikes in the prices of the industry's products. In contrast, during each of the three recessions since 1972, nominal value of shipments decreased in both segments of the industry. The declines in output in 1981 and 1989 were almost certainly related to competition from imported textile goods. Textile imports to the United States rose significantly in 1981 and 1989.5 The bulk of U.S. production of textiles is destined for the nonapparel market (home furnishings and industrial uses) and the percentage of U.S. textile output flowing to the nonapparel market has risen over the years. As of 1973, 54 percent of fabrics made and sold in the United States were for the nonapparel market and by 1991, 63 percent of such fabrics headed for that market.6 This increase is one consequence of the strong growth in imports of apparel and apparel fabrics that occurred in the 1980's. (See the section of this article on imports and exports for further discussion of imported textiles.) Labor. Labor input, measured by employee hours, declined rapidly in the cotton and synthetic broadwoven fabrics industry between 1972 and 1991, at an average annual rate of 3.3 percent. In both subperiods, 1972-79 and 1979-91, employee hours also dropped, by 1.1 percent per year on average in the first period and by a quick 4.6-percent per year in the second. The drop in labor in the 1970's occurred as output was expanding, while the drop in the 1980's accompanied a contraction of output. Employment in the cotton and synthetic broadwoven fabrics industry decreased markedly from 288,000 in 1972 to 160,000 in 1991. The number of employees in the...show more

Product details

  • Paperback | 126 pages
  • 189 x 246 x 7mm | 240g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236639634
  • 9781236639639