Peak U.S. Public Air Transportation Services

Click to enlarge.

I know what you are thinking. Okay, sure. That's definitely a peak. It can't be the ultimate peak though. Our population is growing and the future is so bright I gotta wear shades!

Not so fast. Let's put that same data on a log chart. On a log chart, constant exponential growth is seen as a straight line.


Click to enlarge.

That's not straight. It's curving exactly like a baseball in flight would, and when I say exactly I mean with an r-squared of 0.995.


Click to enlarge.

If the 80+ year long-term trend continues, only the wealthiest among us will be flying in planes someday. How's that for a kick to the long-term prosperity gonads? It isn't just flying either. Driving looks mighty suspect as well. Just doing my part to add some perspective! Sigh.

Despair.com: Perspective

Less is more. Unless you're standing next to the one with more. Then less just looks pathetic.

This post inspired by Rob Dawg who pointed me to a whole new world of FRED quantity indices (in the comments found here).

Source Data:
St. Louis Fed: Public Air Transportation
St. Louis Fed: Public Air Transportation (Natural Log)

Advertisement

You have just read the article News for today's that category by title Peak U.S. Public Air Transportation Services. You can bookmark this page with a URL http://news-these-days.blogspot.com/2013/12/peak-us-public-air-transportation.html. Thank you!

Posted by: Tukiyooo Peak U.S. Public Air Transportation Services Updated at : 5:06 PM

Wednesday, December 4, 2013