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

  • Missouri’s smart solution for rural road monitoring
    July 7, 2017
    David Crawford sees how Missouri is using commercially available information to rapidly improve monitoring and driver information on rural highways. Missouri is a predominantly rural state with the second largest number of farms in the country and agriculture the main occupation in 97 of its 114 counties. US statistics starkly reveal how road accidents in rural areas tend to be more serious than in urban regions and of the 32,000 US motorists killed each year, 54% die on roads in rural areas even though onl
    Read More
  • Top speeders exceeding 100mph in 30mph zones
    March 3, 2016
    Five drivers have been caught travelling at more than 100mph on 30 and 40mph limit roads in England, according to the Institute of Advanced Motorists (IAM). A further two were caught travelling at over 70mph in these areas, which tend to be largely residential. The statistics were part of a Freedom of Information request by the IAM to every police force in Britain, asking for the location and speed of their top five highest recorded cases captured on safety cameras in their areas from 1 January 2015 to 3
    Read More
  • Key trends and forecasts for the North American and Latin American automotive navigation and telematics services
    July 19, 2012
    According to a new report from Frost & Sullivan, the North and Latin American automotive navigation markets are on the cusp of a shift to connected navigation systems that offer real-time traffic information and local searching options. Navigation systems, whether by original equipment (OE) fitment, aftermarket, or portable navigation device (PND), are feeling the heat of competition from smartphone-based navigation applications. Low-cost smartphone replication technologies are helping navigation markets br
    Read More
  • Taking the long view of ITS
    March 24, 2015
    Caroline Visser believes the ITS industry must present a coherent case for consideration of the technology to become part of transport policy and planning. As ITS advisor and road finance director for the International Road Federation (IRF) in Geneva, Caroline Visser is well placed to evaluate quantifying the benefits of ITS implementation – a topic about which there is little agreement and even less consistency. She is pressing to get some consistency in the evaluation of ITS deployments through the use of
    Read More

Highlighted Content