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Table 2

Growth in Transportation Investment by Type of Asset Compared with Growth in GDP, 1977- 2000
1977 1978 1979 1980 1981 1982 1983
Infrastructure -7.56 9.27 8.88 -3.4 -10.88 -11.69 7.13
Rolling stock 16.32 10.04 -1.25 -16.79 2.2 -4.26 15.46
Other equipment 24.32 81.28 57 4.7 -11.64 -16.39 3.71
Total investment 12.06 10.43 0.92 -14.27 -0.45 -5.69 14.01
U.S. GDP 4.64 5.51 3.18 -0.23 2.45 -2.03 4.33

Notes:
All growth rates are calculated based on chained 1996 dollar values. Other equipment includes transportation industries' inves

Sources:
BTS calculations based on data from U.S. Department of Commerce, Bureau of Economic Analysis (BEA), "Fixed Assets and C
, 1977- 2000
1984 1985 1986 1987 1988 1989 1990 1991 1992 1993
16.93 9.01 -0.41 1.09 3.07 1.45 7.14 0.3 2.4 5.61
17.09 13.2 5.78 -2.05 -0.21 3.49 -5.48 -5.11 11 8.73
39.37 -2.49 15 -11.09 19.89 4.65 -12.04 -10.38 24.16 31.06
17.42 12.31 5.09 -1.81 0.55 3.23 -3.91 -4.39 9.87 8.7
7.27 3.85 3.42 3.4 4.17 3.51 1.76 -0.47 3.05 2.65

des transportation industries' investment in all types of equipment excluding rolling stock.

nalysis (BEA), "Fixed Assets and Consumer Durables," "National Income and Product Account (NIPA) Tables," available at http://www.bea.g
1994 1995 1996 1997 1998 1999 2000
4.43 -4.04 1.92 6.28 7.37 7.09 -2.69
1.21 3.68 -2.6 11.54 12.11 7.65 5.34
35.02 17.78 7.85 23.71 9.65 0.36 22.83
2.44 2.98 -1.63 11.26 11.37 7.27 4.98
4.04 2.67 3.57 4.43 4.28 4.11 3.75

vailable at http://www.bea.gov, as of July 2002; and personal co mmunication with BEA.