FIGURE G-7 Prices Paid by American Households for Transportation Services: 1995-2007

FIGURE G-7 Prices Paid by American Households for Transportation Services: 1995-2007

Monthly data, seasonally adjusted

Consumer Price Indices for Transportation, U.S. City Average

FIGURE G-7 Prices Paid by American Households for Transportation Services: 1995-2007. If you are a user with a disability and cannot view this image, please call 800-853-1351 for further assistance.

TABLE G-7 Prices Paid by American Households for Transporation Services: 2006 - 2007

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  All Items Transportation Private transportation Public transportation
January 2006 143.6 141.3 140.5 145.1
February 2006 143.9 141.2 140.3 146.1
March 2006 144.7 142.5 141.6 146.9
April 2006 145.9 147.9 147.3 148.7
May 2006 146.6 150.7 150.1 151.3
June 2006 146.9 150.4 149.6 154.7
July 2006 147.4 151.8 150.9 156.7
August 2006 147.6 151.4 150.6 154.7
September 2006 146.9 145.1 144.1 151.5
October 2006 146.1 140.4 139.3 149.8
November 2006 145.9 139.7 138.8 145.5
December 2006 146.1 140.9 140.2 143.8
January 2007 146.6 140.1 139.2 146.1
February 2007 147.4 140.4 139.4 147.9
March 2007 148.7 144.9 144.1 149.1
April 2007 149.7 148.8 148.1 150.2
May 2007 150.6 152.6 152.1 150.7
June 2007 150.9 151.9 151.2 154.1
Jul-07 150.8 150.8 149.9 155.6

NOTES: The consumer price index for a specific item is a weighted average of the prices for the individual components of the item. The weights are determined by the expenditure shares of the individual components based on a survey of consumer expenditure during the base year(s). The base year price is then normalized to 100. For some items, BLS establishes weights using several years of consumer expenditure surveys in order to smooth out the effects of short-term price shocks and of the business cycle. Weights formed using several years will give a more accurate measure of typical consumer expenditure patterns.

Private transportation is a weighted average of the prices for new and used motor vehicles, motor fuels, motor vehicle parts and equipments, motor vehicle maintenance and repair, motor vehicle insurance, and motor vehicle fees (state and local registration and license fees, parking and other fees).

Public transportation is a weighted average of the prices for airline fares, intercity bus fares, intercity train fares, ship fares, intracity transportation (intracity mass transit, taxi fares, and car and van pools), and other public transportation.

The base period of the original index is 1982-84. January 1992 is set to be the new reference point (=100) by dividing the values of the original index by the value of January 1992 in the original index. It is important to point out that this process changes only the reference point, and not the base period of the index because the weight structure of the index did not change.

The Consumer Price Index (CPI) tracks the price of a market basket of goods and services purchased by U.S. households over time. Both monthly and annual changes are reported in the tables for the CPI in order to facilitate comparison with other series.

SOURCE: U.S. Department of Labor, Bureau of Labor Statistics; available at: http://www.bls.gov/cpi/; as of September 2007.