Office of Operations Freight Management and Operations

Figure 1-1. Economic and Population Projections: 2004-2014

Demand for freight transportation grows with increases in population and economic activity. The U.S. economy, as measured by GDP, is projected to increase by 39 percent and the U.S. population by 9 percent by 2014. Transportation and warehousing employment is expected to increase by 12 percent over this period, about the same as employment as a whole.

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

Chart in PDF format [2.0MB]

Data represented in the figure
Table in Excel format | Historical data

empty Cell 2004 2014 Percent change
Population (thousands) (R) 293,657 319,668 9
Transportation and warehousing (thousands) (R) 4,249 4,756 12
Employment (thousands) 145,612 164,540 13
Gross domestic product (GDP) ($2005 billions) (R) 11,730 (R) 16,267 (R) 39

Key: R = revised.

Population: U.S. Department of Commerce, U.S. Census Bureau, Statistical Abstract of the United States: 2006 (Washington, DC: 2005), available at as of June 6, 2007.

Employment: U.S. Department of Labor, Bureau of Labor Statistics, Employment by Major Industry Division, 1994, 2004, and projected 2014, available at as of June 6, 2007.

GDP: Congressional Budget Office, The Budget and Economic Outlook: Fiscal Years 2005-2014, CBO's Economic Projections for 2004 through 2015, available at as of June 6, 2007.

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