Quarterly data, seasonally adjusted annual rate
Personal spending on transportation measures consumption of transportation by households. It is also a component of gross domestic product. The historic series is a signal of long-term structural changes.
|Personal Spending on Transportation||2009 Q1||2009 Q2|
|Spending on Motor Vehicles (billions of chained 2005 dollars)||311.2||301.5|
|Percent change from previous quarter||1.63||-3.12|
|Spending on Transportation Services (billions of chained 2005 dollars)||261.9||261.9|
|Percent change from previous quarter||-1.80||0.00|
|Spending on Gasoline and Oil (billions of chained 2005 dollars)||293.2||292.2|
|Percent change from previous quarter||2.09||-0.34|
NOTE: The 2009 revision of the National Economic Accounts combined "Motor vehicle fuels, lubricants, and fluids" with "Fuel oil and other fuels." For the 2002-2006 period, the "Motor vehicle fuels, lubricants, and fluids" component accounted for 93% of the total.
SOURCE: U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts, available at http://www.bls.gov/ as of August 2009.