October 09, 2003 (The Editor’s Desk is updated each business day.)
Productivity growth in information-sector industries
Between 1987 and 2001, productivity (as measured by output per hour) grew in six of the seven industries in the information sector for which BLS has measures.
[Chart data—TXT]
Output per hour rose 15.7 percent per year among software publishers. Productivity growth in the telecommunications industries was also strong, with an increase of 9.9 percent per year posted by the wireless telecommunications industry and an increase of 6.2 percent per year registered by the wired telecommunications industry.
The one industry among the seven with a decline in productivity from 1987 to 2001 was cable and other subscription programming.
This information is from the BLS Productivity and Costs
Program. Data are subject to revision. Additional information is available from "Productivity and Costs by Industry,
2001" (PDF) (TXT),
news release USDL 03-490. This news release presents industry productivity and related series that are based, for the first time, on the
North American Industry Classification System (NAICS). Related TED Article:
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