Author Description

Transportation plays a vital role in the American economy: it makes economic activity possible, and serves as a major economic activity in its own right. This report is BTS's first stand-alone volume on transportation and the economy, and uses a variety of data series to highlight relevant trends and explain related measurement concepts. The report discusses: the Transportation Services Index, a monthly summary of freight and passenger movement; what transportation contributes to the American economy; the costs that households and businesses pay for transportation; transportation-related; trends in transportation productivity; household spending on transportation goods and services; government transportation spending and revenue; and the value of transportation.