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as a historical reference.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.
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| Highway-rail fatalities were down 16
percent in June 2002 compared to June 2001 and rail accidents and incidents
were down 11 percent. |
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| Vessels
detained due to safety concerns declined 21 percent in August 2002
compared to August of last year. |
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| Piracy and armed robbery against ships
increased 16 percent in July 2002 compared to July of last year. Incidents
in the South China Sea were up 18 percent, while incidents in West and East Africa and the
Malacca Strait declined. Incidents in the Indian Ocean more than doubled. |
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| Vehicle miles traveled were up nearly 2 percent
in June 2002 compared to June 2001. |
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| While passenger aviation continues to
rebound from the lows reached in September 2001, domestic passenger miles on
large U.S air carriers in June 2002 were still 6 percent below levels of June 2001.
International passenger miles on U.S. air carriers were down 12 percent
in June 2002 compared to June 2001. |
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| Unused ton-miles for domestic aviation increased nearly
8 percent in June 2002 compared to June of last year, while available ton-miles
increased 5 percent. |
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| Large U.S. air carriers had a revenue
load factor for freight on domestic flights of 29 percent in June 2002, the
lowest value in the 10 years tracked by this report. On international flights,
the revenue load factor for freight increased by 4 points to 48 percent. |
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| Domestic flight stage length for large U.S. air
carriers reached 709 miles in June 2002, breaking the 700 mile level for the
first time in the 10 years tracked by this report. |
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| Amtrak ridership reached its highest level in July
2002 since August of last year with nearly 2.1 million passengers. However,
ridership was still down 2 percent compared to July 2001. |
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| U.S. rail intermodal traffic was up nearly 8
percent for the week ending September 7 (week 36) compared to the same
week last year. Canadian intermodal rail traffic increased 26 percent
when the same two weeks are compared. |
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| Tonnage of food and farm products transported on
the U.S. inland waterways declined 17 percent in August 2002 compared to August 2001. |
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| Producer prices for scheduled air transport of
cargo increased 8 percent in August 2002 compared to August 2001. |
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| Railroad labor productivity (in train-miles/employee
hour) was up 10 percent in June 2002 compared to June of last year— the
highest level in the last 10 years tracked by this report. |
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| Air carrier passenger revenues declined 18 percent
in the second quarter of 2002 compared to the same quarter last year.
Operating revenues were down 14 percent and operating expenses were down
11 percent. However, freight revenues increased 8 percent. |
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| There was a 6 percent decline in the real return
on assets for large U.S. air carriers over the four quarters ending June
2002. The real return on assets reached the lowest value in the 10 years
tracked by this report. |
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| Sales of light trucks
(including pick-up trucks, SUVs, vans and minivans)
increased 21 percent in August 2002 compared to August 2001.
Car sales also increased by 14 percent in the same time period. |
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| Manufacturers' new orders for transportation equipment
were up 21 percent in July 2002 from the previous month, seasonally adjusted—
the highest level for any July tracked over the 10 years covered by this report. |
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| Business investment in transportation equipment was down
11 percent in the second quarter of 2002 from the second quarter the previous
year— the lowest level since the second quarter of 1996. |
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| Domestic unit prices of jet fuel for scheduled airlines in
July 2002 were down 9 percent compared to the previous July, while jet fuel prices
for nonscheduled airlines were down 7 percent. |
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The statistical significance of these statements has not been completely tested.
