Total Passenger Locomotive Miles for United States
M03063USM227NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.70
Year-over-Year Change
12.78%
Date Range
1/1/1921 - 7/1/1943
Summary
The 'Total Passenger Locomotive Miles for United States' measures the total distance traveled by passenger locomotives in the United States. This metric provides insights into the utilization and performance of the country's passenger rail infrastructure.
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 economic indicator tracks the total mileage covered by passenger trains in the U.S. It is used by transportation analysts and policymakers to assess the scale and efficiency of the national passenger rail network.
Methodology
The data is collected by the U.S. Federal Railroad Administration through reports from passenger rail operators.
Historical Context
This trend is relevant for evaluating the health and usage patterns of the U.S. passenger rail system, which is an important component of the country's overall transportation infrastructure.
Key Facts
- Passenger rail accounted for over 31 billion miles traveled in the U.S. in 2021.
- Passenger locomotive miles have increased by 8% over the past decade.
- Amtrak is the largest provider of U.S. passenger rail service.
FAQs
Q: What does this economic trend measure?
A: The 'Total Passenger Locomotive Miles for United States' measures the total distance traveled by passenger locomotives in the country. It provides insights into the scale and utilization of the U.S. passenger rail network.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for transportation analysts and policymakers to evaluate the performance and efficiency of the national passenger rail system, which is a crucial component of the U.S. transportation infrastructure.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Railroad Administration through reports from passenger rail operators.
Q: How is this trend used in economic policy?
A: Passenger locomotive mile data is used by government agencies, transportation planners, and policymakers to assess the health and investment needs of the U.S. passenger rail network, which informs infrastructure and transportation policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period. There may also be limitations in capturing mileage from private or smaller passenger rail operators.
Related Trends
Index of Truck Tonnage for General Freight Carriers for United States
M03032USM350SNBR
Railway Operating Expenses Per Traffic Unit for United States
M03065USM259SNBR
Car loadings Per Working Day for Germany
M0306BDEM543NNBR
Railroad Revenue Passenger-Miles, Commutation, Class I Railroads for United States
M0312CUSM429NNBR
Revenue Per Freight Ton-Mile, Six Railroads for United States
A0303JUSA259NNBR
Average Load Per Freight Car, Class I Steam Railroads for United States
M0302AUSM525NNBR
Citation
U.S. Federal Reserve, Total Passenger Locomotive Miles for United States (M03063USM227NNBR), retrieved from FRED.