PRODUCTIVITY GROWTH
PRODUCTIVITY GROWTH
Labor Productivity Index: Output per Employee (annual data)
Productivity growth is the ultimate source for the increases of a nation's economic wealth and living standards. Transportation has been one of the leading sectors in productivity growth for the U.S. economy since 1955, when statistics on transportation productivity became available.
Productivity Index (1955=100) | 1998 | 1999 |
---|---|---|
Railroad | 846 | 876 |
Railroad percent change from previous year | -0.57 | 3.58 |
Pipelines* | 658 | 677 |
Pipelines* percent change from previous year | 1.51 | 2.77 |
Air | 612 | 598 |
Air percent change from previous year | -0.81 | -2.17 |
Trucking | 301 | 305 |
Trucking percent change from previous year | -1.89 | 1.31 |
Business as a whole | 222 | 229 |
Business as a whole percent change from previous year | 2.57 | 2.96 |
Bus* | 109 | 94 |
Bus* percent change from previous year | 17.23 | -14.00 |
SOURCE: U.S. Department of Labor, Bureau of Labor Statistics, Office of Productivity and Technology, Index of Output per Employee, All Published Industries, Oct. 19, 2001.