Productivity growth in information-sector industries
August 29, 2005
Productivity, as measured by output per hour, rose in 2003 in all of the information industries studied.
Wireless telecommunications carriers and software publishers boosted productivity by 13.1 percent and 13.0 percent, respectively. Gains in the other industries ranged from 1.9 to 5.3 percent.
Two of the eight information industries also reduced unit labor costs. Software publishers reduced unit labor costs 4.0 percent and cable and other program distribution reduced such costs by 1.4 percent.
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/2005/aug/wk5/art01.htm (visited October 24, 2014).
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