NOTE: The final issue of this report was December 2002. These reports are provided
as a historical reference. A minimal number of indicators are being updated in the
White House Economic Statistics Briefing Room.
Introduction
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The underlying trend for highway hazardous materials incidents indicates a decline in incidents after September 2001. Because the 2001 data are still preliminary, the final data may show a change
in this decline. |
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There were 10 percent fewer revenue passenger-miles on large domestic air carriers in April 2002 than in April 2001. Revenue ton-miles were also
down by nearly 3 percent. |
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There were nearly 11 percent fewer revenue enplanements on domestic airlines in April 2002-just under 46.5 million compared to 52 million
in April of last year. |
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The underlying trend for public transit ridership shows a decline in ridership
since September 2001. |
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Preliminary data from BTS Office of Airline Information show a 69% fall in air passengers in April from the same month of last year on the New York - London route, the top U.S.-overseas route, leading to the lowest air traffic
volume on this route since 1991. |
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There were 16 percent fewer revenue passenger miles on international flights by large domestic carriers in April 2002 compared to
April of last year. |
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Enplanements on international flights by large domestic carriers decreased by 14 percent in April 2002
compared to a year earlier. |
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U.S. international container traffic decreased 32 percent in the first quarter of 2002 compared to the first quarter of 2001, to
the lowest level since 1994. |
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Motor vehicle insurance costs rose 9 percent in the past year. |
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Producer prices for crude petroleum and petroleum products declined 18 and 16 percent, respectively, in June 2002 compared to the
same month the previous year. |
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Producer prices for water transportation increased 4 percent in June 2002 over the June 2001 level. The nearly 3 percent increase in producer prices for railroad transportation over the 12 months ending in June 2002 was the second
largest increase for this series in the 10 years tracked by this report. |
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Producer prices for passenger rail transportation rose 6 percent in June 2002
compared to June 2001. |
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Average hourly earnings of water transportation services workers increased 8 percent in May 2002 (in current dollars) over May of last year. Earnings have increased 21
percent since May 1999. |
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Transportation industry income was up 2 percent, at a seasonally adjusted rate, in the first quarter of 2002 compared to the fourth quarter of 2001. However, when compared with the first
quarter of 2001, it was down 7 percent. |
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After falling 19 percent from June 2000 to September 2001, manufacturers' new orders rose in May 2002 for the third straight month, improving prospects for
increased freight business. |
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Private investment in transportation equipment declined 7 percent (in current dollars) in the first quarter of 2002 compared to the
same quarter last year. |
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After falling 7 percent from June 2000 to December 2001, industrial production rose in June 2002 for the
sixth straight month. |
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Industrial production of consumer light trucks rose 4 percent in May 2002. |
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Production of aircraft and parts has fallen nearly 30 percent since March 2001. Industrial capacity utilization in the aerospace and other equipment industry has fallen to 60
percent, the lowest level since 1995. |
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May 2002 fuel costs for scheduled large domestic carriers were 70 cents a
gallon, down 8 cents from May 2001. |
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Transportation energy consumption declined by 3 percent in March 2002 compared to March 2001. |
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Preliminary 2001 estimates show carbon dioxide emissions from the transportation sector, which first surpassed industrial sector emissions in 1998, continue to increase-up 3 million metric tons of carbon equivalent (0.6 percent)
over year 2000 levels. Meanwhile, carbon dioxide emissions from industry continue to drop-down 43 million metric tons of carbon
equivalent (-9.17 percent) from the previous year. Preliminary estimates of carbon dioxide emissions from the commercial sector show a 6 percent increase. |
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Net petroleum imports declined by 6 percent in May 2002 compared to May 2001. |
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New Indicators
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Passenger Rail Ridership |
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The statistical significance of these statements has not been completely tested.