Productivity growth in information-sector industries
October 09, 2003
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.
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).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity growth in information-sector industries on the Internet at http://www.bls.gov/opub/ted/2003/oct/wk1/art04.htm (visited March 29, 2015).
Three recent editions of Spotlight on Statistics
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.