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as a historical reference.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.
| Several air indicators for December 2001
continued to show the adverse impacts of the September 11, 2001
terrorist attacks, as many remained below December 2000 levels:
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| • Revenue passenger miles: down 12
percent for domestic and 15 percent for international flights. |
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| • Available seat miles: down 10
percent for domestic and 17 percent for international flights. |
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| • Revenue ton-miles of freight:
down 22 percent for domestic and 10 percent for international flights. |
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| • Available ton-miles of freight:
down 4 percent for domestic and 2 percent for international flights. |
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| • Passenger revenue
load factor: down 2 percent for domestic and up 2 percent for
international flights. |
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| • Freight revenue load factor:
down 7 percent for domestic and 4 percent for international flights. |
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| • Revenue aircraft departures:
down 11 percent for domestic and 10 percent for international flights. |
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| • Revenue aircraft enplanements:
down 13 percent for domestic and 12 percent for international flights. |
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| In January 2002, 81 percent of the flights of major U.S. air
carriers arrived on time, compared to 75 percent a year earlier. There were, however,
17 percent fewer scheduled flights. |
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| U.S. waterborne exports and imports were up 4.5 percent
in November 2001 compared to last year. |
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| Producer prices for crude petroleum were down 35 percent in
February 2002 compared to last year. Producer prices
for petroleum products were down 31 percent.
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| The 4 percent decline in producer prices for highway
and street construction for the twelve months ending in February 2002 was the
largest decline in the 10 years tracked by this report and
follows a similar decline for January 2002. |
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| Public expenditures on highway and street construction were 10 percent
higher in January 2002 than the previous month.
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| Motor vehicle and equipment manufacturing employment grew,
on a seasonally adjusted basis,
by 26,000 jobs— a 3 percent increase in February 2002.
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| Average hourly earnings for workers in water transportation services
were up 7 percent in January 2002 from January last year.
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| New orders for all manufacturing
were up 2 percent in January 2002 compared to the previous month, while
manufacturers’ new orders for transportation equipment were up 4 percent.
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| Industrial production of light trucks was down 5
percent in February 2002 and
industrial production of consumer automobiles was up 9 percent.
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| Light truck sales in February were 5 percent
higher than in the same month last year, while car sales were
down 11 percent and medium/heavy truck sales were down 21 percent.
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| Retail gasoline prices (average all grades) were up 6.5
percent in the week of March 11, 2002 from the previous week.
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| Domestic unit prices for jet fuel in
January 2002 were 32 percent lower than in January 2001 for nonscheduled
airlines and 30 percent lower for scheduled airlines (prices expressed in
current dollars). For international routes by U.S. carriers, jet fuel unit
prices were down 17 percent for nonscheduled airlines and down 25
percent for scheduled.
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| Net petroleum imports were down 10 percent in December 2001,
while U.S. petroleum production was up nearly 6 percent. |
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| New Indicators
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| A Time Series Analysis of Transit Ridership |
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(7KB)
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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.
