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||2010 Q1||2010 Q2|
|Spending on Motor Vehicles and Parts (billions of chained 2005 dollars)||320.6||328.0|
|Percent change from previous quarter||-0.65||2.31|
|Spending on Transportation Services (billions of chained 2005 dollars)||250.8||253.8|
|Percent change from previous quarter||0.88||1.20|
|Spending on Gasoline and Oil (billions of chained 2005 dollars)||284.0||284.5|
|Percent change from previous quarter||0.18||0.18|
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 combined total.
SOURCE: U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts, available at http://www.bea.gov/ as of August 2010.