Total Revenue Passengers, Street Railways and Buses for United States
A032BBUSA442NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.65
Year-over-Year Change
-20.71%
Date Range
1/1/1926 - 1/1/1939
Summary
The 'Total Revenue Passengers, Street Railways and Buses for United States' series tracks the total number of paying passengers using urban public transportation in the United States. This metric is a key indicator of economic activity and consumer demand for public transit services.
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
This data series measures the total number of revenue passengers, including both bus and street railway (trolley) riders, across the United States. It is used by economists and policymakers to analyze trends in urban mobility, consumer spending, and the overall health of the public transportation sector.
Methodology
The data is collected and reported by the U.S. Federal Transit Administration.
Historical Context
This series provides insight into consumer behavior and can inform decisions around transportation infrastructure investment and public transit policies.
Key Facts
- Passenger volumes peaked in 1945 at over 23 billion trips annually.
- Public transit ridership declined sharply in the post-war era due to growing car ownership.
- Since the 1970s, total passenger numbers have remained relatively stable at around 10 billion trips per year.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of revenue passengers using urban public transportation, including buses and street railways (trolleys), across the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer behavior, urban mobility patterns, and the overall health of the public transit sector, which is crucial information for policymakers and urban planners.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Transit Administration.
Q: How is this trend used in economic policy?
A: This series can inform decisions around transportation infrastructure investment, public transit policies, and urban development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical numbers over time.
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Citation
U.S. Federal Reserve, Total Revenue Passengers, Street Railways and Buses for United States (A032BBUSA442NNBR), retrieved from FRED.