Office of Operations Freight Management and Operations

Figure 1-1: Economic and Population Projections: 2002 to 2012

Demand for freight transportation is expected to grow with increases in population and economic activity. Over the next ten years the U.S. economy is projected to increase by 38 percent and the U.S. population by 9 percent. Transportation and warehousing employment is expected to increase by 22 percent over this period, faster than employment as a whole at 15 percent.

See paragraph above and table below for explanation of Figure 1-1

Data represented in the figure
Table in Excel format

empty Cell 2002 2012 Percent change (Index, 2002 = 100)
Population (thousands)288,369314,2819109
Employment (thousands)144,014165,31915115
Transportation and warehousing (thousands)4,2055,12022122
GDP ($2002 billions)10,42214,39138138

Sources: Population: U.S. Department of Commerce, U.S. Census Bureau, Statistical Abstract of the United States: 2003 (Washington, 2003), available at as of June 10, 2004.

Employment: U.S. Department of Labor, Bureau of Labor Statistics, Employment by Major Industry Division, 1992, 2002, and projected 2012, available at as of June 23, 2004.

GDP: Congressional Budget Office, The Budget and Economic Outlook: Fiscal Years 2003-2012, CBO's Economic Projections for 2002 through 2012, available at as of June 24, 2004.

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