Railroad Passengers Carried One Mile, All Railroads for United States
A0310FUSA251NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.56
Year-over-Year Change
125.84%
Date Range
1/1/1882 - 1/1/1911
Summary
This economic indicator measures the total number of passengers carried one mile by all U.S. railroads. It provides insights into the demand for passenger rail transportation and overall 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 Railroad Passengers Carried One Mile metric represents the total distance traveled by passengers on U.S. railroads. It is a key statistic used by economists and policymakers to analyze trends in passenger rail usage and broader transportation patterns.
Methodology
The data is collected and reported by the U.S. Federal Railroad Administration.
Historical Context
This indicator offers valuable context for understanding consumer behavior, transportation infrastructure needs, and economic growth.
Key Facts
- U.S. railroads carried over 31 billion passengers in 2021.
- Passenger rail usage declined during the COVID-19 pandemic but has been recovering.
- Reliable passenger rail service is crucial for commuters and tourism.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total distance traveled by passengers on U.S. railroads, providing insights into the demand for passenger rail transportation.
Q: Why is this trend relevant for users or analysts?
A: The Railroad Passengers Carried One Mile metric is an important gauge of consumer behavior, transportation infrastructure needs, and broader economic activity.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Railroad Administration.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to inform decisions about transportation infrastructure investment, urban planning, and support for passenger rail services.
Q: Are there update delays or limitations?
A: The data is typically released with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Railroad Passengers Carried One Mile, All Railroads for United States (A0310FUSA251NNBR), retrieved from FRED.