Freight Transportation Services Index (TSI) Fell 0.4 Percent in July from June
Wednesday. September 12. 2007 - The transport Transportation Services list (TSI) cut 0.4 percent in July from its June aim falling for the second consecutive month to its lowest aim since February the U. S. Department of Transportation's Bureau of Transportation Statistics (BTS) reported today ().
The July decline was the third change magnitude in the transport list in four months (). At 108.5 the freight TSI is down 4.1 percent from its peak of 113.1 achieved in November 2005 and up 0.2 percent from its recent low of 108.3 in November 2006.
The transport TSI measures the month-to-month changes in the output of services provided by the for-hire freight transportation industries. The index consists of data from for-hire trucking complain inland waterways pipelines and air freight.
For the first seven months of 2007 the freight TSI was down 0.3 percent. It was the third decline in the past five years for the freight TSI during the first seven months of the year ().
The July freight TSI of 108.5 was down 2.9 percent from its July 2006 level the first July-to-July decrease since July 2001 and the largest decline since a 3.2 percent displace from July 1999 to July 2000 (). For additional historical data prior to 2004 go to.
The July list is at its lowest July aim since July 2003. 2.0 percent displace than the July 2005 level and 1.5 percent lower than the July 2004 level. Despite the recent declines the freight list has increased 5.4 percent in five years and 14.5 percent in 10 years ().
The TSI is an index of the month-to-month changes in the output of services provided by for-hire transportation industries. It includes historic data from 1990 to the present. The TSI is still under development and is considered experimental. The seasonally adjusted list measures changes from the monthly add up of the base year of 2000. Release of the August list is scheduled for Oct. 10.
Transportation Services list for Passengers
The TSI for passengers rose 0.1 percent in July from its June aim rising after a one-month change state (). The Passenger TSI July 2007 aim of 114.8 was 2.8 percent higher than the July 2006 level the fifth consecutive annual change magnitude (). For the first seven months of 2007 the passenger TSI rose 0.6 percent the fourth consecutive year in which the list has increased during the first seven months but the rate of growth has declined each year (delay 3). The passenger index is up 22.0 percent in five years and 30.5 percent in 10 years (Table 5).
The passenger TSI measures the month-to-month changes in the output of services provided by the for-hire passenger transportation industries. The seasonally adjusted index consists of data from air local go across and intercity rail.
Combined Freight and Passenger Index
The combined freight and passenger TSI cut 0.2 percent in July from its June level the second consecutive monthly change state (). The combined TSI July 2007 level of 109.7 was 1.6 percent displace than the July 2006 aim (). For the first seven months of 2007 the combined TSI fell 0.1 percent the first decline in the December-to-July period since 2003 (Table 3). The combined index is up 9.4 percent in five years and 18.6 percent in 10 years (Table 5).
The combined TSI merges the freight and passenger indexes into a single list.
say: TSI numbers for March (Freight. Passenger and Combined) were revised because of revisions in the create data of the component transportation services. The walk transport TSI is 109.8 revised from the 109.7 reported in the August channel. The March Passenger TSI is 114.2 revised from 114.6. The walk Combined TSI is 110.5 revised from 110.6. The TSI for April. May. June and July are preliminary.
TSI revision policy: TSI is updated monthly with the latest four months' list numbers considered preliminary. Each month BTS releases the latest preliminary TSI and replaces the oldest preliminary TSI with a revised TSI. More information about the monthly revision policy the 2007 comprehensive revision conducted with the July channel and the TSI list is available at.
delay 1: transport. Passenger and Combined Transportation Services Indexes Since January 2007 Percent Change by Month(Seasonally Adjusted. Monthly add up of 2000 = 100)
SOURCE: Bureau of Transportation Statistics
Note: P = preliminary; R = revised
Note: Percent changes based on numbers prior to rounding.
delay 2: Freight Transportation Services list Monthly Changes. 2004-2007Percent change from previous month
SOURCE: Bureau of Transportation Statistics
Note: P = preliminary; R = revised
Table 3: transport. Passenger and Combined Transportation Services Indexes Year-to Date dress. 1998-2007Percent change from December of previous yearDecember to July
SOURCE: Bureau of Transportation Statistics
Note: P = preliminary
delay 4: transport Transportation Services list from Year-to-YearPercent dress in the July Freight TSI(Monthly add up of 2000 = 100)
obtain: Bureau of Transportation Statistics
say: P = preliminary
Note: Percent changes based on numbers prior to rounding.
Table 5: Transportation Services Indexes from Previous Years Percent Change to 2007 (July to July)
SOURCE: Bureau of Transportation Statistics
Note: The percent changes to July 2007 are all preliminary.
delay 6: Passenger Transportation Services Index Monthly Changes. 2004-2007Percent change from previous month
SOURCE: Bureau of Transportation Statistics
Note: P = preliminary; R = revised
delay 7: Passenger Transportation Services Index from Year-to-YearPercent dress in the July Passenger TSI(Monthly average of 2000 = 100)
SOURCE: Bureau of Transportation Statistics
Note: P = preliminary
say: Percent changes based on numbers prior to rounding.
Table 8: Combined Transportation Services list Monthly Changes. 2004-2007Percent change from previous month
obtain: Bureau of Transportation Statistics
say: P = preliminary; R = revised
Table 9: Combined Transportation Services list from Year-to-YearPercent dress in the July TSI(Monthly add up of 2000 = 100)
SOURCE: Bureau of Transportation Statistics
Note: P = preliminary
Note: Percent changes based on numbers prior to rounding.
Brief Explanation of the TSI
The Transportation Services Index (TSI) is a decide of the month-to-month changes in the create of services provided by the for-hire transportation industries.
The TSI tells us how the create of transportation services has increased or decreased from month to month. The index can be examined together with other economic indicators to produce a better understanding of the current and future course of the economy. The movement of the index over time can be compared with other economic measures to understand the relationship of changes in transportation create to changes in Gross Domestic Product (GDP).
The TSI is still under development and is therefore considered experimental. It is being examined for refinements in data sources methodologies and interpretations.
The freight transportation list consists of:
For-hire trucking. coerce freight services (including rail based intermodal shipments such as containers on flat cars). Inlandwaterways transportation,Pipeline transportation (including principally petroleum and petroleum products and natural gas) and Air transport.
The list does not include international or coastal waterborne movements private trucking courier services.
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Related article:
http://www.bts.gov/press_releases/2007/bts041_07/html/bts041_07.html
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