Transportation, Storage and Communication (TSC) slows down
Transportation, Storage and Communication (TSC) posted a
3.5 percent growth, albeit slower compared with the 7.0 percent growth posted in the previous year. Land, which shared 23.9 percent to the entire TSC sector, was the top contributor to the 3.5 percent growth with 1.0 percentage point. Its growth of 4.3 percent, however, was slower than the 7.6 percent growth in the same period a year ago.
The rest of the subsectors also contributed positively to the growth of TSC: Storage and Services Incidental to Transport,
7.9 percent; Communication, 1.4 percent; Air Transportation, 13.6 percent; and Water Transportation, 4.1 percent.