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U.S. Department of Transportation U.S. Department of Transportation Icon United States Department of Transportation United States Department of Transportation

Economics, employment, and finance

Legacy ID
1546

Transportation Costs Slow Inflation for First Month Since July 2023

In August 2024, transportation dampened inflation by 8.1%, for the first time since July 2023, due to year-over-year declines in the price for most transportation goods and services (Figure 1). Motor vehicle insurance, however, continued to positively contribute to inflation, at 17.6% in August...

U.S. Cargo and Passenger Airlines Gained 1,513 Jobs in July 2024

U.S. airline industry (passenger and cargo airlines combined) employment increased to 1,004,213 workers in July 2024, 1,513 (0.15%) more workers than in June 2024 (1,002,700). ¬¬¬ U.S. scheduled-service passenger airlines employed 546,083 workers in July 2024, or 55% of the industry-wide total....