Transportation, Storage and Communication (TSC) decelerates
TSC posted a 6.3 percent growth, albeit slower compared with the 9.1 percent posted in the previous year. Communication, which shared 63.9 percent to the entire TSC sector, contributed 3.2 percentage points to the 6.3 percent growth. Its growth of 5.0 percent, however, was slower than the 11.2 percent growth in the same period a year ago.
The rest of the subsectors also contributed positively to the growth of TSC: Land Transportation, up by 9.2 percent; Air Transportation, up by 11.2 percent; Storage and Services Incidental to Transport, up by 7.0 percent; and Water Transportation, up by 5.5 percent.