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as a historical reference.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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| There were 9 percent fewer revenue enplanements and
7 percent fewer revenue passenger miles on large domestic air carriers in March 2002
than in March 2001. However the gap between the current month and the same month of the previous
year has shrunk since September 2001, indicating an on-going recovery in domestic commercial
air travel. |
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| March 2002 available ton-miles of freight and freight
revenue ton-miles on international routes by large domestic carriers declined by 13
and 15 percent, respectively, compared to March 2001, the third and fifth largest
declines in the last 10 years.
They are also the second and fourth largest declines since August 2001. |
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| Revenue departures for international flights by large
domestic carriers declined by 11 percent in March 2002 compared to a year earlier,
the fourth largest drop in the 10 years tracked by this report. |
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| Tonnage of U.S. waterborne exports and imports decreased
5 percent in February 2002 compared to February 2001. |
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| Personal spending on motor vehicles and parts declined 10
percent, on a seasonally adjusted basis, in the first quarter of this year from the
fourth quarter of 2001, but is still above the first two quarters of 2001. |
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| Producer prices for petroleum products were 20 percent lower
in May 2002 than in May 2001. |
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| Producer prices for highway and street construction were 5
percent lower in May 2002 than May 2001, the largest decline in the 10 years of data
tracked by this report. |
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| Retail sales of cars were down 7 percent, light trucks were
down 5 percent, and medium/heavy trucks down 9 percent in May 2002 compared to May
2001. May was the first month since August 2001 that cars outsold light trucks. |
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| Business investment in transportation equipment declined 7
percent (in current dollars) in the first quarter of 2002 compared to the first
quarter of 2001. |
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| April 2002 fuel costs for scheduled flights of large
domestic air carriers fell to 69 cents a gallon, down 8 cents from April 2001. |
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| U.S. exports and imports with Canada,
Mexico, Japan, and China declined in March 2002 compared to March of last year. |
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| Imports of civilian aircraft and parts declined
10 percent in the first quarter of 2002, while exports of civilian aircraft and parts
increased 4 percent, both compared with the fourth quarter of 2001. As a result,
the surplus of U.S. trade in aircraft and parts increased. |
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| Value per metric ton of U.S. waterborne exports declined
nearly 10 percent in February 2002 compared to a year earlier. |
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| Over six million fewer people-37 million versus 43
million-sought entry into the United States in April 2002 compared to the same
month a year earlier, while the number of people deemed inadmissable-nearly
60,000-increased 8 percent. |
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| New Indicators
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| Admissibility of People at U.S. Borders |
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| Southwest Border Apprehensions (California, Arizona, New
Mexico, and Texas) |
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The validity of these statements has not been statistically
tested. BTS is designing a statistical monitoring process in order to
apply statistical quality control techniques to the indicators data.
