1st Quarter 2017

Gross National Income & Gross Domestic Product

Gross Value Added in Transportation, Storage and Communication

Transportation, Storage and Communication (TSC) decelerates
 
TSC posted a 4.9 percent growth, albeit slower compared with the 5.3 percent posted in the previous year.  Communication, which shared 57.1 percent to the entire TSC sector, contributed 1.5 percentage points. It grew by 2.6 percent in the first quarter of 2017 but was slower than the 4.9 percent growth in the same period in the previous year.
 
The rest of the sub-industry also contributed positively to the growth of TSC: Land Transportation, up by 6.8 percent; Storage and Services Incidental to Transport, up by 10.7 percent; Air Transportation, up by 8.5 percent; and Water Transportation, up by 8.4 percent.
 
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