Friday, July 25, 2025

The Economics Daily

Bureau of Labor Statistics
The latest Economics Daily article is available here: https://www.bls.gov/opub/ted/2025/labor-productivity-business-cycle-trends-in-selected-service-providing-industries.htm. Highlights are below.

Labor productivity business cycle trends in selected service-providing industries

07/25/2025

Labor productivity increased in 24 of 31 selected service-providing industries from 2019 to 2024. The highest annual productivity gains from 2019 to 2024 were in cable and other subscription programming (+8.8 percent per year) and travel arrangement and reservation services (+7.5 percent). The largest annual declines in productivity during this period occurred in warehousing and storage (−7.4 percent) and couriers and messengers (−5.8 percent).

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