Transportation Economic Trends
Contribution of Transportation to the Economy:
Contribution of Transportation Services to the Economy and the Transportation Satellite Accounts
This page discusses transportation's direct contribution to the economy; specifically, the contribution of transportation services to gross domestic product (GDP)—a measure of economic activity. GDP attributed to the demand for transportation relative to other goods and services is an alternative measure of transportation's direct contribution to the economy.
- Trucking (for-hire and in-house) contributed the largest amount, at $368.9 billion.
- Household transportation, measured by the depreciation cost associated with households owning motor vehicles, contributed $359.5 billion—the second largest contribution to GDP.
Contribution of Transportation Services to the Economy and Transportation Satellite Accounts
- the contribution of transportation to the economy, and
- the use of transportation by industries or sectors.
Contribution of For-Hire Transportation to State GDP
In-house Transportation and Household Transportation
- Gross domestic product attributed to the demand for transportation (alternative measure of transportation's contribution to the economy)
- Use of transportation services by industries (transportation's indirect contribution to the economy)