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Transportation Indicators
Highlights - September 2001
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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as a historical reference.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.
| AVIATION HIGHLIGHTS
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| Unused seat-miles were up
19 percent and unused ton-miles were up 9 percent in June 2001
compared to June of the previous year.
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June 2001 air freight revenue load factor was at its
second lowest level in ten years, following the record low set in April.
Air passenger revenue load factor declined by more than 3 percent between
June 2000 and June 2001, the fifth consecutive month below the previous year’s value.
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| Air carrier revenue for the year ending in the second quarter of
2001 declined at the sharpest rate in the eight years of data
currently available. All revenue components experienced sharp
declines, with the worst performance in freight revenue.
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| Air carriers experienced a negative
real return on assets in the year ending in June 2001, the lowest
annual return since the third quarter of 1993. The second quarter
of 2001 was also the third consecutive quarter with a negative real
return on assets.
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| OTHER HIGHLIGHTS
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| The tonnage of food and farm products shipped
on the nation’s inland waterways in August 2001 was 21 percent higher
than August 2000.
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| Producer price of crude petroleum was down
17 percent in August 2001, compared to the same month last year.
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| Medium/heavy truck sales in August
2001 were 24 percent lower than in August 2000, while car sales
were 9 percent lower over the same period.
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| U.S. exports declined 3.3 percent
in July 2001 compared to the previous month.
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| U.S.-Canada truck trade declined nearly 8 percent
(by value) in June 2001, compared to June 2000. U.S.-Mexico truck trade
declined 7 percent (by value) over the same period.
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| Transportation energy consumption was up
nearly 4 percent in May 2001 compared to May 2000, while vehicle
miles traveled rose by half a percent.
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| New Indicators this issue:
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| Average Motor Vehicle Miles Per Gallon
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| U.S. Motor Gasoline Production and Consumption
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| Motor Gasoline Stocks
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| An Analysis of Vehicle Miles Traveled
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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.
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