Revenue Passengers Carried for United States
Millions of Passengers, Annual, Not Seasonally Adjusted
A030GAUSA430NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.78
Year-over-Year Change
117.10%
Date Range
1/1/1875 - 1/1/1916
Summary
This economic trend measures the total number of passengers transported annually in the United States. It is a key indicator of transportation and travel activity, which has important implications for policymakers and businesses.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Millions of Passengers, Annual, Not Seasonally Adjusted trend represents the total number of passengers transported within the United States over the course of a year. This data is used to analyze consumer travel patterns, infrastructure needs, and the overall state of the transportation industry.
Methodology
The data is collected by the U.S. Federal Aviation Administration (FAA) and other transportation agencies.
Historical Context
Policymakers and businesses use this trend to inform decisions about transportation investment, tourism, and economic planning.
Key Facts
- Annual passenger volume in the U.S. exceeded 1 billion in 2019.
- Passenger numbers declined sharply in 2020 due to the COVID-19 pandemic.
- Air travel accounts for the majority of passenger transportation in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of passengers transported annually within the United States, including air, rail, and other modes of transportation.
Q: Why is this trend relevant for users or analysts?
A: The Millions of Passengers trend is a key indicator of transportation activity and consumer travel patterns, which is crucial for policymakers, transportation planners, and businesses to understand.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Aviation Administration (FAA) and other transportation agencies.
Q: How is this trend used in economic policy?
A: Policymakers and transportation authorities use this trend to inform decisions about infrastructure investment, transportation regulation, and economic planning related to the travel and tourism industries.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be a lag of several months between the end of the reporting period and the release of the data.
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Citation
U.S. Federal Reserve, Millions of Passengers, Annual, Not Seasonally Adjusted (A030GAUSA430NNBR), retrieved from FRED.