The Australian Bureau of Statistics has published a series of 16 industry sector productivity growth analyses, with the financial sector included. On a weighted average view across, growth in productivity has slowed in most parts of the economy, and the financial services sector is no exception.Overall, across all major economic segments, on an 'hours worked' basis, market sector multifactor productivity (MFP) grew 0.6 per cent in 2016-17, marking six years of growth since 2011-12.On a quality adjusted hours worked basis (QALI), market sector MFP grew 0.3 per cent. The ABS says the weaker growth in MFP on this basis is due to higher growth in quality adjusted labour input, reflecting positive contributions to labour quality from educational attainment and work experience.Labour productivity (LP) grew 1.1 per cent on an hours worked basis and 0.5 per cent on a QALI basis. Labour productivity exhibited weaker growth than 2015-16, attributable to both weaker gross value added (GVA) growth and stronger hours worked growth in 2016-17.Looking more specifically at the financial and insurance services sector, this segment barely managed to stay in positive territory, finishing on three per cent and one per cent for MFP and LP, respectively, for 2017, placing it among the lower third of sectors - although still in positive territory.