February 20, 2003 (The Editor’s Desk is updated each business day.)
Productivity growth slower in two-thirds of newly measured service industries
In 4 of the 6 service-sector industries for which BLS has developed new labor productivity measures, output per hour grew more slowly in 1995-2000 than in 1990-1995.
![Average annual percent change in output per hour for selected transportation and service industries, 1990-1995 and 1995-2000](https://webarchive.library.unt.edu/web/20120925093234im_/http://www.bls.gov/opub/ted/images/2003/feb/wk3/art02.gif) [Chart data—TXT]
The largest slowdown occurred in the prepackaged software industry, where the rate of growth in productivity declined from 20.1 percent per year in 1990-1995 to 8.6 percent per year in 1995-2000.
Productivity growth also slowed in local trucking and in truck rentals and leasing. There was a decline in output per hour in public warehousing and storage in 1995-2000, following an increase in 1990-1995.
Productivity accelerated in the last half of the 1990s in advertising agencies and in the passenger car rental industry.
These data are a product of the BLS Productivity and Costs program. Find out more information in "New Transportation and Service Productivity Measures,"
(PDF 86K) Report 964.
Related TED article:
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