Personal Spending on Transportation

Personal Spending on Transportation

Quarterly data, seasonally adjusted annual rate

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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.

Transportation Employment 2008 Q2 2008 Q3
Spending on Motor Vehicles (billions of chained 2000 dollars) 407.2 376.9
Percent change from previous quarter -5.35 -7.44
Spending on Transportation Services (billions of chained 2000 dollars) 298.9 297.2
Percent change from previous quarter -0.76 -0.57
Spending on Gasoline and Oil (billions of chained 2000 dollars) 179.1 173.3
Percent change from previous quarter -1.27 -3.24

SOURCE: U.S. Department of Commerce, Bureau of Economic Analysis, National Income and Product Accounts, available at http://www.bls.gov/ as of January 2009.