News Release
Transportation Satellite Accounts, 1996
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BEA Contact: Ann Lawson (202) 606-9462 BEA 00-20
New Report Documents Transportation's Role in National Economy
The most up-to-date picture of transportation services shows that these services contributed 60 percent more to the U.S. economy than is shown by traditional economic accounts.
A report, issued by the U.S. Department of Commerce's Bureau of Economic Analysis (BEA), shows that transportation services contributed $378 billion to the national economy in 1996, the latest year for which figures are available, $142 billion larger than the estimate from traditional accounts. The transportation sector grew by 21 percent from 1992, the only other year for which comparable figures are available.
The estimates are the latest from the Transportation Satellite Accounts (TSA's), which provide more detailed information on transportation than do traditional economic accounts. For example, the transporting of goods from a grocery company's warehouses to its retail outlets by the company's own trucking fleet is included in retailing in traditional economic accounting systems but is included in transportation in the TSA's.
The TSA's provide answers to such questions as: What is the contribution of transportation to the economy? Which industries are large users of transportation? What goods and services do industries purchase to support transportation operations?
The information from the TSA's is presented in four matrix tables that are available for free in compressed files on BEA's web site (www.bea.doc.gov). Two summary tables showing how different economic sectors use transportation and how their transportation activities contribute to gross domestic product for both 1992 and 1996 are provided below.
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Most of BEA's estimates and analyses appear in the Survey of Current Business, BEA's monthly journal. The printed Survey of Current Business is available from the Superintendent of Documents, U.S. Government Printing Office, Washington D.C. 20402. First class mail: Annual subscription $120.00 domestic. Second class mail: Annual subscription $48.00 domestic, $60.00 foreign; single issue $17.25 domestic, $21.56 foreign.
Table 1.--Use of Transportation Across Industries, 1992 and 1996 ___________________________________________________________________________________________________________________________________________________________________________________ | Millions of dollars at producers' prices | Percent |___________________________________________________________________|______________________________________________________ | | | | Share of total | Share of total | Share of | For-hire | Own-account | Total | for-hire | own-account | total Industry | Transportation | Transportation /1/ | Transportation | transportation | transportation/1/| transportation |_______________________|_____________________|________________________________________|__________________|_________________ | 1992 1996 | 1992 1996 | 1992 1996 | 1992 1996 | 1992 1996 | 1992 1996 ________________________________________________________|_______________________|_____________________|_____________________|__________________|__________________|_________________
Total................................................... 381,300 473,096 165,461 199,652 546,761 672,748 100.0 100.0 100.0 100.0 100.0 100.0
Intermediate............................................ 217,925 275,903 165,461 199,652 383,386 475,555 57.1 58.3 100.0 100.0 70.1 70.6 Agriculture, forestry, and fisheries.................. 5,720 7,070 13,177 15,157 18,897 22,227 1.5 1.5 8.0 7.6 3.5 3.3 Mining................................................ 2,810 2,786 3,870 3,670 6,680 6,456 0.7 0.6 2.3 1.8 1.2 1.0 Construction.......................................... 13,286 16,127 38,950 48,338 52,236 64,465 3.5 3.4 23.5 24.2 9.6 9.6 Manufacturing......................................... 80,248 94,275 21,806 22,316 102,054 116,591 21.0 19.9 13.2 11.2 18.7 17.3 Railroads and related services; passenger ground transportation............................... 3,470 4,271 ..... ..... 3,470 4,271 0.9 0.9 ..... ..... 0.6 0.6 Motor freight transportation and warehousing.......... 35,049 49,392 ..... ..... 35,049 49,392 9.2 10.4 ..... ..... 6.4 7.3 Water transportation.................................. 5,889 8,509 ..... ..... 5,889 8,509 1.5 1.8 ..... ..... 1.1 1.3 Air transportation.................................... 14,409 17,781 ..... ..... 14,409 17,781 3.8 3.8 ..... ..... 2.6 2.6 Pipelines, freight forwarders, and related services... 1,294 1,572 ..... ..... 1,294 1,572 0.3 0.3 ..... ..... 0.2 0.2 State and local government passenger transit.......... 173 271 ..... ..... 173 271 (*) 0.1 ..... ..... (*) (*) Own-account transportation /1/ ....................... 1,306 1,720 ..... ..... 1,306 1,720 0.3 0.4 ..... ..... 0.2 0.3 Communications and utilities.......................... 8,803 10,607 1,187 1,294 9,990 11,901 2.3 2.2 0.7 0.6 1.8 1.8 Wholesale and retail trade............................ 8,963 12,802 42,819 54,878 51,782 67,680 2.4 2.7 25.9 27.5 9.5 10.1 Finance, insurance, and real estate................... 10,523 12,174 899 1,259 11,422 13,433 2.8 2.6 0.5 0.6 2.1 2.0 Services.............................................. 21,482 28,745 42,035 51,918 63,517 80,663 5.6 6.1 25.4 26.0 11.6 12.0 Other /2/............................................. 4,500 7,801 718 823 5,218 8,624 1.2 1.6 0.4 0.4 1.0 1.3
Final................................................... 163,375 197,193 ..... ..... 163,375 197,193 42.9 41.7 ..... ..... 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 I-O special industries. For a description of I-O 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 _________________________________________________________________________________________________________________________________________________________________________________ | Millions of dollars | Percent |___________________________________________________________________|______________________________________________________ | | | | Share of total | Share of total | Share of | For-hire | Own-account | Total | for-hire | own-account | total Industry | Transportation | Transportation /1/ | Transportation | transportation | transportation/1/| transportation |_______________________|_____________________|________________________________________|__________________|_________________ | 1992 1996 | 1992 1996 | 1992 1996 | 1992 1996 | 1992 1996 | 1992 1996 ________________________________________________________|_______________________|_____________________|_____________________|__________________|__________________|_________________
Total.................................................... 191,644 236,257 121,531 141,981 313,175 378,238 100.0 100.0 100.0 100.0 100.0 100.0
Agriculture, forestry, and fisheries................... ..... ..... 8,821 9,465 8,821 9,465 ..... ..... 7.3 6.7 2.8 2.5 Mining................................................. ..... ..... 2,965 2,705 2,965 2,705 ..... ..... 2.4 1.9 0.9 0.7 Construction........................................... ..... ..... 30,266 37,444 30,266 37,444 ..... ..... 24.9 26.4 9.7 9.9 Manufacturing.......................................... ..... ..... 15,899 15,011 15,899 15,011 ..... ..... 13.1 10.6 5.1 4.0 Railroads and related services; passenger ground transportation................................ 34,390 41,541 ..... ..... 34,390 41,541 17.9 17.6 ..... ..... 11.0 11.0 Motor freight transportation and warehousing........... 83,371 101,456 ..... ..... 83,371 101,456 43.5 42.9 ..... ..... 26.6 26.8 Water transportation................................... 12,796 11,215 ..... ..... 12,796 11,215 6.7 4.7 ..... ..... 4.1 3.0 Air transportation..................................... 42,166 59,315 ..... ..... 42,166 59,315 22.0 25.1 ..... ..... 13.5 15.7 Pipelines, freight forwarders, and related services.... 19,624 23,192 ..... ..... 19,624 23,192 10.2 9.8 ..... ..... 6.3 6.1 State and local government passenger transit........... -703 -462 ..... ..... -703 -462 -0.4 -0.2 ..... ..... -0.2 -0.1 Communications and utilities........................... ..... ..... 771 799 771 799 ..... ..... 0.6 0.6 0.2 0.2 Wholesale and retail trade............................. ..... ..... 30,999 39,186 30,999 39,186 ..... ..... 25.5 27.6 9.9 10.4 Finance, insurance, and real estate.................... ..... ..... 607 810 607 810 ..... ..... 0.5 0.6 0.2 0.2 Services............................................... ..... ..... 30,740 36,072 30,740 36,072 ..... ..... 25.3 25.4 9.8 9.5 Other /2/.............................................. ..... ..... 463 489 463 489 ..... ..... 0.4 0.3 0.1 0.1 _________________________________________________________________________________________________________________________________________________________________________________
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 I-O special industries. For a description of I-O special industries, see "Benchmark Input-Output Accounts for the U.S. Economy, 1992: Make, Use, and Supplementary Tables," Survey 77 (November 1997): 46-47.