June 11, 2004
THERE'S A NAME FOR WHAT HAPPENS WHEN PRODUCTIVITY SURGES... (via Michael Herdegen):
Chrysler tops productivity rankings, Nissan also shines: report
(Yahoo, 6/11/04)
DaimlerChrysler's Chrysler Group posted the greatest productivity gains at its North American manufacturing plants last year, according to a survey of six leading automakers.The influential Harbour Report on automotive manufacturing efficiency ranked Chrysler the most improved automaker, with a 7.8 percent year-over-year overall productivity improvement in 2003.
[...]The ratings are drawn up based on the number of labour hours per vehicle -- the total labour content in one vehicle.
The Japanese automaker Nissan had the most efficient North American vehicle assembly plant last year, according to the Harbour Report.
Nissan's Smyrna, Tennessee plant, which assembles the Nissan Altima sedan, again set the benchmark for labor productivity with an average of 15.33 labour hours per vehicle.
Smyrna broke its own previous best of 15.74 established in 2003.
Thus the deflationary cycle of the past decade and the next couple. Posted by Orrin Judd at June 11, 2004 8:54 AM
Given all the recent good economic news, liberals will probably soon resort to saying that productivity surges are REALLY just a result of companies increasing their profits at the expense of workers.
The Reagan celebrations give me some hope that the American people will see through such claims.
:)
Posted by: kevin whited at June 11, 2004 9:25 AMLazy American workers ;)
Posted by: J.H. at June 11, 2004 9:34 AMSome enterprising reporter should see if productivity has gone up at the NYT and LAT.
The stock of the WaPo certainly has done well.
Posted by: jim hamlen at June 11, 2004 1:23 PMChrysler is still half as productive as Japanese auto plants in Japan.
That's like saying a runner had gotten his 100-yard dash time down from 20 to 19 seconds.
Posted by: Harry Eagar at June 11, 2004 8:29 PM