It is estimated that state and local governments invested more than 41 billion dollars in runway and air passenger terminal construction between 1993 and 2001.
Public expenditures for mass transit construction increased rapidly between the beginning of 2001 and the middle of 2002, doubling the rate of expenditures.
|Public Expenditures on Transportation Construction (state and local only)||Aug-02||Sep-02|
|Percent change from previous month||1.89||-8.89|
|Air passenger terminals (millions)||2,500||2,675|
|Percent change from previous month||1.96||7.00|
|Mass transit (millions)||3,439||3,246|
|Percent change from previous month||14.37||-5.61|
|Land passenger terminals (millions)||1,585||2,297|
|Percent change from previous month||-6.87||44.92|
NOTES: Data are for state and local expenditures only. Detailed monthly Federal expenditures are not available within modes.
Runways include pavement and lighting. Other categories that are included for the air transportation total but do not have monthly state and local estimates are air freight terminals, air traffic towers, hangars, and other related facilities and structures.
Land passenger terminals include bus and railroad terminals. Mass transit includes light rail, monorail, streetcar, and subway facilities. Other categories that are included in the land transportation total but do not have monthly state and local estimates are maintenance facilities, freight terminals, and railroads.
Information on the reliability of estimates is available at: http://www.census.gov/pub/const/AppendixC.pdf.
SOURCE: U.S. Department of Commerce, Bureau of the Census; Nov. 1, 2002; available at: http://www.census.gov/pub/const/C30/newtc.html.