Transportation Economic Trends [2016]

BTS Productshttps://doi.org/10.21949/15015792016PDFTech ReportBrumbaugh, StephenNotis, KennethUnited States. Department of Transportation. Bureau of Transportation StatisticsCrichton, Edward RossCrutcher, BernettaFirestine, TheresaSmallen, DavidSmith, SonyaTang, ConnieMoore, William H.Wingfield, AlphaUnited States. Department of Transportation. Bureau of Transportation StatisticsUnited StatesEconomicsEmploymentExpendituresFederal governmentFreight transportationHouseholdsLocal governmentPassenger transportationProductivityRevenuesState governmentTransportation modesTrend (Statistics)National economyTransportation costsTransportation Services IndexValue2016Transportation 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 has eight chapters: - Chapter 1 introduces the Transportation Services Index, a monthly summary of freight and passenger movement. - Chapter 2 explains what transportation contributes to the American economy. - Chapter 3 examines the costs that households and businesses pay for transportation. - Chapter 4 analyzes transportation-related employment. - Chapter 5 explains and examines trends in transportation productivity. - Chapter 6 analyzes household spending on transportation goods and services. - Chapter 7 examines government transportation spending and revenue. - Chapter 8 discusses the value of transportation. Each chapter uses the latest data available at the time of publication.123