The Freight Transportation Services Index as a Leading Economic Indicator

Young, Peg; Notis, Ken

doi:10.21949/1501668

i

The Freight Transportation Services Index as a Leading Economic Indicator

2009-09-01
By Young, Peg ; Notis, Ken
Series BTS Special Reports and Issue Briefs

File Language:

English

Details

Creators:

Young, Peg ; Notis, Ken
Corporate Contributors:

United States. Department of Transportation. Bureau of Transportation Statistics
Subject/TRT Terms:
Publication/ Report Number:

TIFF-002
Series:

BTS Special Reports and Issue Briefs
DOI:

https://doi.org/10.21949/1501668
Resource Type:

Brief
Geographical Coverage:

United States
Corporate Publisher:

United States. Department of Transportation. Bureau of Transportation Statistics
Abstract:

The Bureau of Transportation Statistics' (BTS) freight Transportation Services Index (TSI) showed a decline a full year and a half prior to the start of the current recession. This downturn suggests the TSI may prove particularly useful as an indicator of economic downturns. Leading economic indicators identify and anticipate emerging turns in the current business cycle by historically turning downward before a recession or a slowdown in the economy and upward before an expansion or acceleration. According to BTS research1, over the past three decades the freight TSI led slowdowns in the economy by an average of 4–5 months.
Format:

PDF
Download URL:

https://rosap.ntl.bts.gov/view/dot/35420/dot_35420_DS1.pdf
File Type:

[PDF - 209.09 KB]
Collection(s):

BTS Products
Main Document Checksum:

urn:sha256:4d4cc9a02cebcf1b32f03a566788f416b860c75e43aa00c648d00ea6e040e7f9

File Language:

English

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