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||2008 Q4||2009 Q1|
|Spending on Motor Vehicles (billions of chained 2000 dollars)||334.6||349.6|
|Percent change from previous quarter||-11.22||4.48|
|Spending on Transportation Services (billions of chained 2000 dollars)||292.2||288.4|
|Percent change from previous quarter||-1.68||-1.30|
|Spending on Gasoline and Oil (billions of chained 2000 dollars)||176.3||178.0|
|Percent change from previous quarter||1.73||0.96|
SOURCE: U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts, available at http://www.bls.gov/ as of June 2009.