|
|
Article: Multifactor productivity change in the air transportation industry: productivity increases in the U.S. airline industry--the Nation's primary intercity mass transportation system--have played a significant role in the industry's cost-containment efforts and its ability to accelerate growth.(Airline Productivity Change)
- Article from:
- Monthly Labor Review
- Article date:
- March 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The U.S. air transportation industry is a key component of the U.S. economy. About 42 percent of all passenger trips with roundtrip distances of between 1,000 and 1,999 miles are taken by plane. This percentage increases dramatically to 75 percent if the roundtrip distance is at least 2,000 miles. (1) Advances in technology that led to the development of modern jets, along with the Airline Deregulation Act enacted by Congress in 1978, have allowed the U.S. airline industry to become the primary intercity mass transportation system in this country. The air transportation industry is important to our national economy, but it faces unprecedented challenges. (2) The economic ...
Related newspaper, magazine, and journal articles:
|
|
Article: PRELIMINARY MULTIFACTOR PRODUCTIVITY TRENDS, 2007
US Fed News Service, Including US State News;
May 6, 2008 ;
700+ words
... ... and labor. Multifactor productivity, therefore ... from the labor productivity (output ... quarterly labor productivity measures ... change in multifactor productivity reflects ... supplemented labor productivity growth ... rate than multifactor ...
|
|