PRODUCTIVITY GROWTH

PRODUCTIVITY GROWTH

Labor Productivity Index: Output per Employee (annual data)

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) 1997 1998
Railroad (data are for 1996 and 1997)   826    852
Railroad percent change from previous year  6.17   3.15
Air   617    599
Air percent change from previous year  0.45  -2.78
Pipelines   658    677
Pipelines percent change from previous year  1.51   2.77
Trucking   307    302
Trucking percent change from previous year  1.15  -1.74
Business as a whole (1998-1999)   222    229
Business as a whole percent change from previous year  2.74   2.57
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, Aug. 12, 2000.