Railway Passenger Traffic, London Underground Railways for Great Britain
M0311BGBM428NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.00
Year-over-Year Change
-2.30%
Date Range
7/1/1920 - 4/1/1939
Summary
This economic trend measures the volume of passenger traffic on the London Underground railway system in Great Britain. It is an important indicator of urban transportation usage 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, London Underground Railways for Great Britain series tracks the number of passenger journeys made on the London Underground network. It provides insights into urban mobility patterns and the overall health of the metropolitan economy.
Methodology
The data is collected and reported by the UK Department for Transport.
Historical Context
This trend is closely monitored by policymakers, urban planners, and transportation analysts to inform infrastructure investment and service planning.
Key Facts
- The London Underground is one of the oldest and busiest metro systems in the world.
- Passenger traffic on the London Underground declined sharply during the COVID-19 pandemic.
- Monitoring underground ridership helps policymakers assess the health of the local economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of passenger journeys on the London Underground railway network in Great Britain.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into urban mobility patterns and the overall health of the metropolitan economy, making it relevant for policymakers, urban planners, and transportation analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the UK Department for Transport.
Q: How is this trend used in economic policy?
A: This trend is closely monitored to inform infrastructure investment and service planning decisions for the London Underground network.
Q: Are there update delays or limitations?
A: The data is subject to regular reporting by the UK government, but there may be some delays in publication.
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Citation
U.S. Federal Reserve, Railway Passenger Traffic, London Underground Railways for Great Britain (M0311BGBM428NNBR), retrieved from FRED.