Federal Reserve Economic Data

FRED recently added a set of transportation services indexes from the U.S. Department of Transportation. The freight index covers all domestic transport of commercial freight, including pipeline movements for oil and gas. It does not cover in-house trucking, courier, or postal services. The passenger index covers local public transportation (except taxi) and intercity rail and air transportation. (The FRED Blog previously discussed miles traveled, which covered personal transportation by automobile.) The graph shows freight transportation declining more than passenger transportation during the past recession; in the previous recession, passenger transportation suffered more.

How this graph was created: Look up the Transportation Services Index (TSI) and select the three indexes.

Suggested by Christian Zimmermann