Transportation Economic Trends
Cost of Transportation:
Costs Faced by Producers
The major inputs to produce transportation services include labor, equipment, fuel, and infrastructure. This page discusses equipment prices. See Employment by Industry and Employment by Occupation for labor data; Cost of Fuel for fuel data; and Value of Transportation and Other Infrastructure for infrastructure data.
- The amount received for transportation equipment, as measured by the Producer Price Index, increased in 2018. The increase continues an upward rise, suggesting a continued increase in the price for transportation equipment.
Costs to Produce Transportation Services
Price for Transportation Equipment
The Producer Price Index (PPI) shows the average change over time in the amount received by producers of transportation equipment, for example, amount received by aircraft manufacturers. If the amount firms receive rises, then the price faced by purchasers likely increased—making transportation equipment a larger cost in producing transportation services.
The price for aircraft, railroad rolling stock, and ships and boats has risen at a faster rate than automobiles.
U.S. Department of Transportation, Bureau of Transportation Statistics, Transportation Economic Trends, available at www.bts.gov/product/transportation-economic-trends.