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.