Chained Consumer Price Index for All Urban Consumers: Public Transportation in U.S. City Average
This dataset tracks chained consumer price index for all urban consumers: public transportation in u.s. city average over time.
Latest Value
117.85
Year-over-Year Change
0.07%
Date Range
12/1/1999 - 7/1/2025
Summary
The Chained Consumer Price Index for All Urban Consumers: Public Transportation in U.S. City Average tracks changes in the cost of public transportation services over time. This metric is a key indicator of inflation in the transportation sector and can inform economic policy decisions.
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 Chained CPI for Public Transportation measures the price changes experienced by urban consumers for a variety of public transit options, including buses, trains, and taxis. This index is a valuable tool for analyzing consumer behavior and the overall cost of living.
Methodology
The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this index to assess the impact of transportation costs on consumer spending and overall economic conditions.
Key Facts
- The index has a base period of 1982-1984=100.
- Public transportation costs account for about 2% of the total CPI basket.
- The index reached its highest point of 251.789 in July 2022.
FAQs
Q: What does this economic trend measure?
A: The Chained CPI for Public Transportation measures changes in the prices paid by urban consumers for various public transit services, including buses, trains, and taxis.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of inflation in the transportation sector, which can have significant implications for consumer spending, economic growth, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the impact of transportation costs on consumer spending and overall economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The Chained CPI for Public Transportation is updated monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of about two weeks.
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Citation
U.S. Federal Reserve, Chained Consumer Price Index for All Urban Consumers: Public Transportation in U.S. City Average (SUUR0000SETG), retrieved from FRED.