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 Q4||2010 Q1|
|Spending on Motor Vehicles and Parts (billions of chained 2005 dollars)||316.3||316.0|
|Percent change from previous quarter||-5.64||-0.09|
|Spending on Transportation Services (billions of chained 2005 dollars)||265.5||265.9|
|Percent change from previous quarter||0.19||0.15|
|Spending on Gasoline and Oil (billions of chained 2005 dollars)||291.0||291.3|
|Percent change from previous quarter||-0.58||0.10|
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 June 2010.