University uncovers personal expenditure of American on transportation comparison

Total transportation expenditures in 2016 corresponded to 15.8% of all personal expenditures, down from 18.9% in 1989. Meanwhile, analogous trends were present for the lowest and highest quintiles of income, according to a new report by the University of Michigan’s Transportation Research Institute. The report is based on data from the Consumer Expenditure Survey and performed by the Census Bureau for the Bureau of Labour Statistics.
October 3, 2017 Read time: 2 mins

Total transportation expenditures in 2016 corresponded to 15.8% of all personal expenditures, down from 18.9% in 1989. Meanwhile, analogous trends were present for the lowest and highest quintiles of income, according to a new report by the 5594 University of Michigan’s Transportation Research Institute.

The report is based on data from the Consumer Expenditure Survey and performed by the Census Bureau for the Bureau of Labour Statistics. It compared expenditures for all households as well as those at two extremes of income in 1989 and 2016.

Other findings include a higher relative expenditure for gasoline and motor oil for the lowest quintile of income than for the highest quintile of income. Secondly, transportation accounted for the second largest budget category in both 2016 and 1989. Meanwhile, transportation expenditures relative to the expenditures for housing and food decreased. In addition, transportation expenditures for the lowest quintile of income were lower than food expenditures in both years, contrasting transportation expenditures for the highest quintile of income were higher than food expenditures in both years. Finally, transportation expenditure adjusted for inflation decreased by 11.3% from 1989 to 2016.

For more information on companies in this article

Related Content

  • Europe’s road safety gains have stagnated EU
    March 17, 2017
    Europe will fail to meet its road death targets as enforcement budgets are slashed and drivers face an epidemic of distractions. The European Union will not achieve its aim of halving the number of people killed on its roads each year by 2020, delegates to Tispol’s (the organisation of European traffic police) annual conference in Manchester were told. “The target will be missed because there was only a 17% decrease in road fatalities across Europe between 2010 and 2015 when [the rate of reduction] should h
    Read More
  • RFID Sensors 2017-2027
    March 6, 2017
    The general RFID market has seen substantial growth over the last few years, with successful public offerings and rapid growth in terms of the number of RFID tags sold, according to a new report by IDTechEx. Vendors are now exploring allied technologies with RFID sensors at the forefront of this. RFID sensors combine a sensors system (such as monitoring temperature, humidity, shock, pressure or moisture) with RFID communications. This has been enabled thanks to new chipsets, both HF (NFC) and UHF (RAIN)
    Read More
  • Prospects for intercity transport technology
    February 1, 2012
    Magnetic levitation has been dismissed as unproven, too costly, or pie in the sky. It's time to reappraise it. With the unveiling by China (see News section, page 10) of its own, home-grown magnetic levitation train, it would be odd if politicians, policy-makers and the ITS industry did not want to take a closer look at the 'unproven' technology that is magnetic levitation. Fortunately, doing so is easy. The non-profit International Society for Maglev Transportation (The International Maglev Board) has an e
    Read More
  • Prospects for intercity transport technology
    February 6, 2012
    Magnetic levitation has been dismissed as unproven, too costly, or pie in the sky. It's time to reappraise it
    Read More

Highlighted Content