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

Demand for freight transportation grows 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.

Data represented in the figure
Table in Excel format

	2002	2012	Percent change	(Index, 2002 = 100)
Population (thousands)	288,369	314,281	9	109
Employment (thousands)	144,014	165,319	15	115
Transportation and warehousing (thousands)	4,205	5,120	22	122
GDP ($2002 billions)	10,422	14,391	38	138

Sources: Population: U.S. Department of Commerce, U.S. Census Bureau, Statistical Abstract of the United States: 2003 (Washington, 2003), available at http://www.census.gov/statab/www/ 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 www.bls.gov 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 http://www.cbo.gov as of June 24, 2004.

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