Railway Passenger Traffic, Excluding London Underground for Great Britain
Q0311AGBQ428SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
209.60
Year-over-Year Change
-0.99%
Date Range
1/1/1931 - 10/1/1938
Summary
This economic trend measures the volume of passenger traffic on railways in Great Britain, excluding the London Underground. It provides insight into transportation demand and economic activity.
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 Railway Passenger Traffic, Excluding London Underground for Great Britain indicator tracks the total number of passengers transported by rail networks in the UK, excluding the London Underground system. This metric is used by economists and policymakers to gauge consumer demand, transportation infrastructure utilization, and broader economic conditions.
Methodology
The data is collected by the UK's Office for National Statistics through surveys of railway operators.
Historical Context
This trend is closely monitored by transportation agencies, urban planners, and economic analysts to understand shifts in travel patterns and their implications for infrastructure investment and economic policy.
Key Facts
- Rail passenger traffic in Great Britain is over 1 billion journeys per year.
- Passenger volumes have grown steadily since the 1990s, reflecting increased urbanization.
- The COVID-19 pandemic led to a temporary but significant decline in rail travel in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of passenger journeys made on rail networks in Great Britain, excluding the London Underground system.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into transportation demand, consumer behavior, and broader economic conditions, which is valuable for policymakers, urban planners, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the UK's Office for National Statistics through surveys of railway operators.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by transportation agencies, urban planners, and economic analysts to understand shifts in travel patterns and their implications for infrastructure investment and economic policy.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the complexities of data collection from multiple railway operators.
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Citation
U.S. Federal Reserve, Railway Passenger Traffic, Excluding London Underground for Great Britain (Q0311AGBQ428SNBR), retrieved from FRED.