Total Transit Passengers for United States
A0312AUSA430NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.05
Year-over-Year Change
-27.29%
Date Range
1/1/1919 - 1/1/1933
Summary
The 'Total Transit Passengers for United States' measures the total number of passenger trips on public transportation systems in the United States. This key economic indicator provides insights into consumer behavior and transportation infrastructure utilization.
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 series tracks the total number of passenger trips on buses, subways, and other public transit modes operated by state and local governments across the United States. It serves as an important metric for urban planning, transportation policy, and economic analysis.
Methodology
The data is collected by the American Public Transportation Association through surveys of public transit agencies.
Historical Context
Trends in transit ridership are closely monitored by policymakers and urban planners to guide investments in public transportation systems.
Key Facts
- Public transit ridership in the U.S. totaled over 9 billion passenger trips in 2019.
- The COVID-19 pandemic caused a 79% decline in transit ridership in 2020.
- Bus services account for over 50% of total U.S. public transit passenger trips.
FAQs
Q: What does this economic trend measure?
A: This economic indicator tracks the total number of passenger trips on public transportation systems, including buses, subways, and other modes, operated by state and local governments across the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in transit ridership provide valuable insights into consumer behavior, transportation infrastructure utilization, and the overall state of the economy. This data is closely monitored by policymakers, urban planners, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the American Public Transportation Association through surveys of public transit agencies across the country.
Q: How is this trend used in economic policy?
A: Policymakers and urban planners use this data to guide investments in public transportation systems, inform transportation policy decisions, and assess the economic and social impact of transit services.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a lag of several months between the end of the reporting period and the release of the updated figures.
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Citation
U.S. Federal Reserve, Total Transit Passengers for United States (A0312AUSA430NNBR), retrieved from FRED.