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U N IT E D STATES DEPARTM ENT ECONOM ICS AND STATISTICS ADM INISTRATION OF Bureau of Economic Analysis F O R W IR E T R A N SM ISSIO N : 10:00 A .M . ED T, M O N D A Y , JU L Y 1 0 ,2 0 0 0 B E A C ontact: A nn L aw son (202) 606-9462 B E A 00-20 N e w R e p o r t D o c u m e n ts T r a n s p o r ta tio n ’s R o le in N a tio n a l E c o n o m y T he m ost up-to-date picture o f transportation services show s th at these services contributed 60 percent m ore to the U .S. econom y than is show n by traditional econom ic accounts. A report, issued by the U .S. D epartm ent o f C om m erce’s B ureau o f E conom ic A nalysis (B E A ), show s that transportation services contributed $378 billion to the national econom y in 1996, the latest year for w hich figures are available, $142 billion larger th an the estim ate from traditional accounts. T he transportation sector grew by 21 percent from 1992, the only other year fo r w hich com parable figures are available. T he estim ates are the latest from the Transportation Satellite A ccounts (T S A ’s), w hich provide m ore detailed inform ation on transportation than do traditional econom ic accounts. For exam ple, the transporting o f goods from a grocery com pany’s w arehouses to its retail outlets by the com pany’s ow n trucking fleet is included in retailing in traditional econom ic accounting system s b u t is included in transportation in the T S A ’s. T he T SA 's provide answ ers to such questions as: W hat is the contribution o f transportation to the econom y? W hich industries are large users o f transportation? W hat goods and services do industries purchase to support transportation operations? T he inform ation from the T S A ’s is presented in four m atrix tables that are available for free in com pressed files on B E A ’s w eb site (w w w .bea.doc.gov). T w o sum m ary tables show ing how d ifferent econom ic sectors use transportation and how their transportation activities • contribute to gross dom estic product for both 1992 and 1996 are provided below . * * * B E A 's m ajor national, international, regional, and industry estim ates; the S u rvey o f C u rren t Business-, and B EA new s releases are available w ithout charge on B E A 's W eb site. <w w w .bea.doc.gov> ST A T -U SA m aintains an Internet site that contains B E A estim ates, the S u rvey o f C urrent B usin ess, and B E A new s releases. F o r inform ation about ST A T -U SA , go to <w w w .stat-usa.gov> or call (202) 482-1986. Subscriptions for single-user unlim ited access to ST A T-U SA 's Internet inform ation are $75.00 for 3 m onths or $175.00 for one year. Sum m ary B E A estim ates are available on recorded m essages at the tim e o f public release at the follow ing telephone num bers: (202) 606-5306 G ross dom estic product 606-5303 Personal incom e and outlays 606-5362 U .S. international transactions M ost o f B E A 's estim ates and analyses appear in the S u rvey o f C u rre n t B u sin ess, B E A 's m onthly journal. T he printed S u rvey o f C u rre n t B u sin ess is available from the Superintendent o f D ocum ents, U .S. G overnm ent Printing O ffice, W ashington D .C . 20402. F irst class m ail: A nnual subscription $120.00 dom estic. Second class m ail: A nnual subscription $48.00 dom estic, $60.00 foreign; single issue $17.25 dom estic, $21.56 foreign. Table 1.— Use of Transportation Across Industries» 1992 and 1996 Industry 1 1 1 1 1 1 1 1 Total................................................. Percent Millions of dollars at producers' prices For-hire Transportation 1992 381,300 1996 473,096 Intermediate.......................................... Agriculture, forestry, and fisheries................. Mining........................................... . Construction............ ............................ Manufacturing....................................... Railroads and related services; passenger ground transportation............................. Motor freight transportation and warehousing......... Water transportation................................. Air transportation.............................. .. Pipelines, freight forwarders, and related services... State and local government passenger transit......... Own-account transportation /!/ ...................... Communications and utilities......................... Wholesale and retail trade........................... Finance, insurance, and real estate.................. Services............................................ Other /2/........................................... 217,925 5,720 2,810 13,286 80,248 275, 903 7,070 2,786 16,127 94,275 3,470 35,049 5,889 14,409 1,294 173 1,306 8,803 8,963 10,523 21,482 4,500 4,271 49, 392 8,509 17,781 1,572 271 1,720 10,607 12,802 12,174 28,745 7,801 Final................................................. * 1 163,375 197,193 1 | Own-account | Transportation /l/ 1 | 1992 1996 1 165,461 165,461 13,177 3,870 38,950 21,806 1,187 42,819 899 42,035 718 199,652 1 1 | 1 | 1 Total Transportation 1 1 1 1992 1 546,761 1996 672,748 Share of total for-hire transportation 1 Share of total I 1 own-account | 1 transportation/1/1 1 1 1 1992 1996 1 1 1 1992 1996 100.0 100.0 100.0 100.0 8.0 2.3 23.5 13.2 199,652 15,157 3,670 48,338 22,316 383,386 18,897 6, 680 52,236 102,054 475,555 22,227 6,456 64,465 116,591 57.1 1.5 0.7 3.5 21.0 58.3 1.5 0.6 3.4 19.9 1,294 54,878 1,259 51,918 823 3,470 35,049 5, 889 14,409 1,294 173 1,306 9, 990 51,782 11,422 63,517 5,218 4,271 49,392 8,509 17,781 1,572 271 1,720 11,901 67,680 13,433 80,663 8,624 0.9 9.2 1.5 3.8 0.3 (*) 0.3 2.3 2.4 2.8 5.6 1.2 0.9 10.4 1.8 3.8 0.3 0.1 0.4 2.2 2.7 2.6 6.1 1.6 163,375 197,193 42.9 41.7 0.7 25.9 0.5 25.4 0.4 Share of total transportation 1992 1996 100.0 100.0 100.0 100.0 7.6 1.8 24,2 11.2 70.1 3.5 1.2 9.6 18.7 70.6 3.3 1.0 9.6 17.3 0.6 27.5 0.6 26.0 0.4 0.6 6.4 1.1 2.6 0.2 (*) 0.2 1.8 9.5 2.1 11.6 1.0 0.6 7.3 1.3 2.6 0.2 (*) 0.3 1.8 10.1 2.0 12.0 1.3 29.9 29.4 * Less than 0.1 percent. 1 . "Own-account transportation" includes transportation by truck and bus provided by nontransportation industries for their own use. 2. "Other" consists of government enterprises (except state and local government passenger transit) and other 1-0 special industries. For a description of 1-0 special industries, see "Benchmark Input-Output Accounts for the U.S. Economy, 1992: Make, Use, and Supplementary Tables," Survey 77 (November 1997): 46-47. Table 2.— Transportation Value-Added by Industry of Origin# 1992 and 1996 Industry 1 1 1 | 1 1 | 1 Total.................................................. Agriculture# forestry, and fisheries.................. Mining............................................... Construction.......................................... Manufacturing.......... .............................. Railroads and related services; passenger ground transportation............................... Motor freight transportation and warehousing.......... Water transportation.................................. Air transportation.................................... Pipelines# freight forwarders# and related services.... State and local government passenger transit.......... Communications and utilities.......................... Wholesale and retail trade.............. .............. Finance, insurance# and real estate................... Services............................................. Other /2/ ............................................ 1 Percent Millions of dollars For-hire Transportation 1992 191# 644 34,390 83,371 12,796 42,166 19,624 -703 1996 236,257 1 | | 1 | 1 1 Own-account I Transportation /l/ | 1 1992 1996 | 1 Total Transportation | | I 1992 | 1996 121,531 141,981 313,175 378,238 8,821 2,965 30,266 15,899 9,465 2,705 37,444 15,011 8,821 2,965 30,266 15,899 9,465 2,705 37,444 15,011 799 39,186 810 36,072 489 34,390 83,371 12,796 42,166 19,624 -703 771 30,999 607 30,740 463 41,541 101,456 11,215 59,315 23,192 -462 799 39,186 810 36,072 489 41,541 101,456 11,215 59,315 23,192 -462 771 30,999 607 30,740 463 Share of total for-hire transportation 1992 1996 100.0 100.0 17.9 43.5 6.7 22.0 10.2 -0.4 | Share of total | Share of total | own-account I | transportation/1/| transportation 1 1 | 1992 1996 | 1992 1996 t 1 100.0 100.0 100.0 100.0 7.3 2.4 24.9 13.1 6.7 1.9 26.4 10.6 2.8 0.9 9.7 5.1 2.5 0.7 9.9 4.0 0.6 27.6 0.6 25.4 0.3 11.0 26.6 4.1 13.5 6.3 -0.2 0.2 9.9 0.2 9.8 0.1 11.0 26.8 3.0 15.7 6.1 -0.1 0.2 10.4 0.2 9.5 0.1 17.6 42.9 4.7 25.1 9.8 -0.2 0.6 25.5 0.5 25.3 0.4 1. "Own-account transportation" includes transportation by truck and bus provided by nontransportation industries for their own use. 2. "Other" consists of government enterprises (except state and local government passenger transit)and other 1-0 special industries. For a description of 1-0 special industries# see "Benchmark Input-Output Accounts for the U.S. Economy, 1992: Make# Use# and Supplementary Tables," Survey 77 (November 1997): 46-47.
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