Figure 5 Growth Cycles in the Transportation Output Index
Figure 5
Growth Cycles in the Transportation Output Index
Excel | CSV | Graphic Version
| Deviation from PAT | Smoothed | |
|---|---|---|
| Jan-80 | 3.5 | |
| Feb-80 | 2.5 | |
| Mar-80 | 0 | |
| Apr-80 | -1.1 | -0.69 |
| May-80 | -1.4 | -1.54 |
| Jun-80 | -2.7 | -1.53 |
| Jul-80 | -2.9 | -1.41 |
| Aug-80 | -2.3 | -1.10 |
| Sep-80 | -1.3 | -0.11 |
| Oct-80 | 0.2 | 0.89 |
| Nov-80 | 0.1 | 0.97 |
| Dec-80 | 3.1 | 1.84 |
| Jan-81 | 2.9 | 2.10 |
| Feb-81 | 2.5 | 1.62 |
| Mar-81 | 2 | 1.71 |
| Apr-81 | 1.5 | 1.20 |
| May-81 | 0 | 0.85 |
| Jun-81 | 0.6 | 0.40 |
| Jul-81 | 1.6 | 0.59 |
| Aug-81 | -0.6 | 0.25 |
| Sep-81 | 0.9 | -0.15 |
| Oct-81 | 0.8 | -0.27 |
| Nov-81 | -0.4 | -0.47 |
| Dec-81 | 0.5 | -0.01 |
| Jan-82 | -1.9 | -0.78 |
| Feb-82 | -1 | -0.98 |
| Mar-82 | -0.2 | -0.79 |
| Apr-82 | -0.5 | -0.92 |
| May-82 | -1.2 | -1.07 |
| Jun-82 | 0.5 | -1.03 |
| Jul-82 | -1 | -0.92 |
| Aug-82 | -1.2 | -0.99 |
| Sep-82 | -0.8 | -0.98 |
| Oct-82 | -2.9 | -1.25 |
| Nov-82 | -2.2 | -1.17 |
| Dec-82 | -0.5 | -1.08 |
| Jan-83 | -0.9 | -1.11 |
| Feb-83 | -1.1 | -0.60 |
| Mar-83 | 0.1 | -0.16 |
| Apr-83 | -1.9 | 0.06 |
| May-83 | -1 | -0.15 |
| Jun-83 | 1.2 | -0.24 |
| Jul-83 | 0.6 | 0.23 |
| Aug-83 | 0.3 | 0.00 |
| Sep-83 | 0.2 | 0.26 |
| Oct-83 | -1.7 | -0.01 |
| Nov-83 | -0.5 | 0.36 |
| Dec-83 | -0.4 | 0.12 |
| Jan-84 | 0.1 | 0.42 |
| Feb-84 | 2.1 | 1.47 |
| Mar-84 | 1.9 | 1.35 |
| Apr-84 | 1.2 | 1.61 |
| May-84 | 2.6 | 1.60 |
| Jun-84 | 2.5 | 1.62 |
| Jul-84 | 0.6 | 1.41 |
| Aug-84 | 2.4 | 1.20 |
| Sep-84 | -0.3 | 1.32 |
| Oct-84 | 0.5 | 0.68 |
| Nov-84 | 0.3 | 0.24 |
| Dec-84 | -0.6 | -0.49 |
| Jan-85 | -0.2 | 0.03 |
| Feb-85 | -2 | -0.46 |
| Mar-85 | -1.9 | -0.59 |
| Apr-85 | -0.4 | -0.67 |
| May-85 | 0.3 | -0.82 |
| Jun-85 | -1.9 | -0.75 |
| Jul-85 | -1.5 | -0.79 |
| Aug-85 | -1.3 | -1.33 |
| Sep-85 | -2.9 | -1.71 |
| Oct-85 | -1.8 | -1.13 |
| Nov-85 | -2.7 | -1.51 |
| Dec-85 | -0.6 | -1.36 |
| Jan-86 | 1.1 | -0.56 |
| Feb-86 | -0.4 | -0.99 |
| Mar-86 | -1.1 | -0.79 |
| Apr-86 | 0.5 | -0.35 |
| May-86 | -0.7 | -0.16 |
| Jun-86 | -1.5 | -0.18 |
| Jul-86 | 1.8 | 0.23 |
| Aug-86 | 0.6 | 0.21 |
| Sep-86 | 1.1 | 0.63 |
| Oct-86 | 0.9 | 1.18 |
| Nov-86 | -1 | 0.43 |
| Dec-86 | 1.5 | 0.99 |
| Jan-87 | 0.8 | 0.95 |
| Feb-87 | 1.1 | 0.80 |
| Mar-87 | 1.4 | 1.10 |
| Apr-87 | 1.8 | 1.28 |
| May-87 | -1.1 | 1.19 |
| Jun-87 | 0.2 | 0.58 |
| Jul-87 | 2.7 | 0.52 |
| Aug-87 | -0.7 | 0.46 |
| Sep-87 | 1.6 | 0.32 |
| Oct-87 | 1.2 | -0.02 |
| Nov-87 | 0.8 | 0.70 |
| Dec-87 | 3 | 1.73 |
| Jan-88 | 0.9 | 0.43 |
| Feb-88 | 4.4 | 1.74 |
| Mar-88 | 2.5 | 1.96 |
| Apr-88 | 1.8 | 1.88 |
| May-88 | 0.9 | 1.50 |
| Jun-88 | 2.6 | 1.24 |
| Jul-88 | 0.1 | 0.52 |
| Aug-88 | 1.4 | 0.67 |
| Sep-88 | 2.3 | 1.42 |
| Oct-88 | -0.4 | 0.68 |
| Nov-88 | 1.5 | 0.13 |
| Dec-88 | 2.7 | 0.04 |
| Jan-89 | 0.1 | -0.18 |
| Feb-89 | -0.8 | 0.02 |
| Mar-89 | -1.1 | -0.84 |
| Apr-89 | -2.8 | -1.45 |
| May-89 | -1.7 | -2.03 |
| Jun-89 | -0.9 | -1.67 |
| Jul-89 | -4.5 | -2.00 |
| Aug-89 | -1.4 | -1.91 |
| Sep-89 | -1.1 | -1.72 |
| Oct-89 | -2 | -1.45 |
| Nov-89 | -0.4 | -0.70 |
| Dec-89 | -0.8 | -0.82 |
| Jan-90 | -0.1 | -0.48 |
| Feb-90 | 1 | -0.33 |
| Mar-90 | 1.6 | 0.01 |
| Apr-90 | 0.2 | 0.51 |
| May-90 | 1.6 | 0.90 |
| Jun-90 | 0.7 | 1.27 |
| Jul-90 | 0.8 | 0.77 |
| Aug-90 | 3.6 | 0.79 |
| Sep-90 | 1 | 0.23 |
| Oct-90 | 2.5 | 0.92 |
| Nov-90 | 1.9 | -1.13 |
| Dec-90 | -2.1 | -1.41 |
| Jan-91 | -0.6 | -1.40 |
| Feb-91 | -3.5 | -1.77 |
| Mar-91 | -5.9 | -2.50 |
| Apr-91 | -2.6 | -1.91 |
| May-91 | -1.5 | -1.11 |
| Jun-91 | -5 | -0.13 |
| Jul-91 | 0 | 1.62 |
| Aug-91 | 0.7 | 1.22 |
| Sep-91 | 0.9 | 0.71 |
| Oct-91 | 2.2 | 1.16 |
| Nov-91 | -1.1 | -0.08 |
| Dec-91 | -2.1 | 0.14 |
| Jan-92 | -0.1 | -0.57 |
| Feb-92 | 0.2 | -1.41 |
| Mar-92 | -1.3 | -0.35 |
| Apr-92 | -1.4 | 0.03 |
| May-92 | -2 | -0.58 |
| Jun-92 | -0.7 | -0.75 |
| Jul-92 | 2.9 | -0.62 |
| Aug-92 | -0.9 | -0.93 |
| Sep-92 | 0.4 | -0.50 |
| Oct-92 | -0.5 | -0.87 |
| Nov-92 | -2.5 | -1.77 |
| Dec-92 | -1.4 | -1.47 |
| Jan-93 | -2 | -2.24 |
| Feb-93 | -3.1 | -2.20 |
| Mar-93 | -2.2 | -2.51 |
| Apr-93 | -1.4 | -2.41 |
| May-93 | -3.8 | -2.30 |
| Jun-93 | -2.8 | -2.38 |
| Jul-93 | -3.2 | -2.01 |
| Aug-93 | -3.9 | -1.61 |
| Sep-93 | -0.5 | -1.11 |
| Oct-93 | -1.3 | -1.67 |
| Nov-93 | 0 | -1.48 |
| Dec-93 | -0.9 | -0.49 |
| Jan-94 | -4.2 | -1.73 |
| Feb-94 | -3.3 | -2.52 |
| Mar-94 | 2 | -0.55 |
| Apr-94 | -7.3 | -0.66 |
| May-94 | -0.6 | -0.32 |
| Jun-94 | 1.1 | 0.03 |
| Jul-94 | -0.9 | 1.12 |
| Aug-94 | 0.9 | 1.43 |
| Sep-94 | 3.8 | 3.58 |
| Oct-94 | 0.9 | 4.12 |
| Nov-94 | 6 | 4.12 |
| Dec-94 | 10.4 | 4.81 |
| Jan-95 | 6.8 | 4.35 |
| Feb-95 | 5.5 | 3.44 |
| Mar-95 | 4.8 | 2.79 |
| Apr-95 | -1.6 | 0.71 |
| May-95 | 2.7 | 0.57 |
| Jun-95 | 1.1 | 0.86 |
| Jul-95 | -3.1 | -0.30 |
| Aug-95 | 2.1 | -0.73 |
| Sep-95 | 1 | -0.52 |
| Oct-95 | -1.6 | -0.43 |
| Nov-95 | -0.1 | -0.58 |
| Dec-95 | -3.9 | -1.28 |
| Jan-96 | -3 | -1.64 |
| Feb-96 | -0.2 | -1.26 |
| Mar-96 | -1.5 | -1.04 |
| Apr-96 | -2.2 | -1.03 |
| May-96 | 0.4 | -0.38 |
| Jun-96 | -3.8 | -0.21 |
| Jul-96 | -1.6 | -0.34 |
| Aug-96 | -1.4 | -0.49 |
| Sep-96 | -2.3 | -0.09 |
| Oct-96 | 0.4 | 0.30 |
| Nov-96 | -1.3 | -0.64 |
| Dec-96 | -1.5 | 0.61 |
| Jan-97 | 1.2 | 0.54 |
| Feb-97 | 0.5 | 0.27 |
| Mar-97 | -0.5 | 0.99 |
| Apr-97 | 0.8 | 0.32 |
| May-97 | 1 | 0.90 |
| Jun-97 | -1 | 1.25 |
| Jul-97 | 1.4 | 0.91 |
| Aug-97 | 0 | 1.53 |
| Sep-97 | 3.8 | 0.89 |
| Oct-97 | 4 | 2.60 |
| Nov-97 | -0.4 | 1.29 |
| Dec-97 | 2.9 | 2.52 |
| Jan-98 | 1.6 | 1.33 |
| Feb-98 | 1.2 | 1.26 |
| Mar-98 | 2 | 1.83 |
| Apr-98 | 2 | -1.92 |
| May-98 | 0.5 | -1.28 |
| Jun-98 | 1.1 | -1.60 |
| Jul-98 | 0.5 | -1.63 |
| Aug-98 | -3.1 | -1.12 |
| Sep-98 | -1.5 | -2.28 |
| Oct-98 | -0.3 | -2.08 |
| Nov-98 | -1.4 | -1.60 |
| Dec-98 | -0.5 | 22.11 |
| Jan-99 | -2.7 | 23.48 |
| Feb-99 | -0.9 | 21.91 |
| Mar-99 | 3.8 | 23.12 |
| Apr-99 | 0.5 | 24.28 |
| May-99 | -0.9 | 0.37 |
| Jun-99 | 0.6 | 0.75 |
| Jul-99 | 0 | 1.00 |
| Aug-99 | 0.7 | 1.51 |
| Sep-99 | 3.3 | 2.57 |
| Oct-99 | 2.6 | 2.23 |
| Nov-99 | 6.3 | 3.18 |
| Dec-99 | 4.6 | 3.96 |
| Jan-00 | 2.3 | 2.38 |
| Feb-00 | 6.3 | 2.45 |
| Mar-00 | 4.4 | 3.58 |
| Apr-00 | -2.3 | 1.53 |
| May-00 | 5.3 | 1.81 |
| Jun-00 | 3.2 | 2.22 |
| Jul-00 | -0.4 | 1.26 |
| Aug-00 | 4.3 | 2.07 |
| Sep-00 | 0.8 | 1.12 |
| Oct-00 | 1.8 | 0.73 |
| Nov-00 | 3.5 | 1.63 |
| Dec-00 | -3 | 0.28 |
| Jan-01 | 3.3 | 1.01 |
| Feb-01 | -1.1 | 0.67 |
| Mar-01 | 2.4 | 1.37 |
| Apr-01 | -0.4 | 0.18 |
| May-01 | 4.9 | 1.61 |
| Jun-01 | -0.7 | -0.63 |
| Jul-01 | 0.3 | -3.50 |
| Aug-01 | 3.8 | -1.57 |
| Sep-01 | -14.9 | -4.54 |
| Oct-01 | -7.8 | -5.11 |
| Nov-01 | -6.6 | -5.09 |
| Dec-01 | -8.2 | -5.73 |
| Jan-02 | -2.5 | -3.86 |
| Feb-02 | -6.4 | |
| Mar-02 | -5.1 | |
| Apr-02 | -1.9 |
Note: Shaded areas represent the NBER-defined growth slowdown in the U.S. economy (the trough for the latest growth slowdown has not been determined).