Index of Street Railway Fares for United States
M0314AUSM324NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
161.60
Year-over-Year Change
0.00%
Date Range
1/1/1914 - 4/1/1936
Summary
The Index of Street Railway Fares for United States measures changes in the prices of public transportation fares. This trend is important for economists and policymakers to understand the cost of living and assess the affordability of urban mobility.
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 Index of Street Railway Fares tracks the price of public transportation like buses and subways in the United States. It is used to analyze the impact of fare changes on consumer spending and the cost of living in urban areas.
Methodology
The data is collected through surveys of public transportation providers across the country.
Historical Context
Policymakers use this index to inform decisions about public transit funding and fare structures.
Key Facts
- The index was first published in 1913.
- Fares are collected for bus, subway, and light rail systems.
- The index is a component of the Consumer Price Index (CPI)
FAQs
Q: What does this economic trend measure?
A: The Index of Street Railway Fares for United States measures changes in the prices of public transportation fares, including buses, subways, and light rail systems.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the cost of living and affordability of urban mobility, which are key factors for consumers, businesses, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of public transportation providers across the United States.
Q: How is this trend used in economic policy?
A: Policymakers use this index to inform decisions about public transit funding and fare structures, which can impact urban development and the cost of living.
Q: Are there update delays or limitations?
A: The index is published monthly, but there may be lags in data collection from some transportation providers.
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Citation
U.S. Federal Reserve, Index of Street Railway Fares for United States (M0314AUSM324NNBR), retrieved from FRED.