Economics, employment, and finance
Legacy ID
1546
Transportation Services Contributed 5.6% to U.S. GDP in 2021; an Increase from 5.4% in 2020 but Below 5.8% in 2019
Transportation services (for-hire, in-house, and household) contributed $1.3 trillion (5.6%) to an enhanced U.S. gross domestic product (GDP) of $23.7 trillion in 2021—as measured by the Bureau of Transportation Statistics' (BTS) Transportation Satellite Accounts (TSAs).U.S. Cargo and Passenger Airlines Added 8,404 Jobs in September 2022; Employment Remains 4.6% Above Pre-Pandemic September 2019
U.S. airline industry (passenger and cargo airlines combined) employment increased to 777,510 workers in September 2022, 8,404 (1.09%) more workers than in August 2022 (769,106) and 34,410 (4.63%) more than in pre-pandemic September 2019 (743,100).U.S. Transportation Sector Unemployment Rate of 3.7% in October 2022 Was Below the October 2021 Level of 5.1% But Was Above the Pre-Pandemic October Level of 2.7% in 2019
The unemployment rate in the U.S. transportation sector was 3.7% (not seasonally adjusted) in October 2022 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard.Increase in Transportation Consumer Price Index Accounts for Nearly 27% of Year-Over-Year Overall CPI Growth; Lowest Share of Inflation Since February 2021
Data spotlights represent data and statistics from a specific period of time, and do not reflect ongoing data collection. As individual spotlights are static stories, they are not subject to the Bureau of Transportation Statistics (BTS) web standards and may not be updated after their...