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||2011 Q1||2011 Q2|
|Spending on Motor Vehicles and Parts (billions of chained 2005 dollars)||368.2||345.3|
|Percent change from previous quarter||3.7||-6.2|
|Spending on Gasoline and Other Energy Goods (billions of chained 2005 dollars)||274.2||269.5|
|Percent change from previous quarter||-1.5||-1.7|
|Spending on Transportation Services (billions of chained 2005 dollars)||251.4||251.7|
|Percent change from previous quarter||-0.1||0.1|
NOTE: The 2009 revision of the National Economic Accounts combined "Motor vehicle fuels, lubricants, and fluids" with "Fuel oil and other fuels" to form the category "Gasoline and other energy goods." 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 2011.