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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
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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....