Office of Publications & Special Studies

Recession leads to lackluster employment in the trucking industry

Chart 2. Index of truck transportation employment from beginning of last three recessions (1990, 2001, 2007), seasonally adjusted
Month Index Number of months pior to and following start of recession
1990 recession

January-90

100.29 -6

February-90

100.67 -5

March-90

101.13 -4

April-90

100.94 -3

May-90

100.95 -2

June-90

100.50 -1

July-90

100.00 0

August-90

99.51 1

September-90

99.43 2

October-90

99.41 3

November-90

99.37 4

December-90

100.72 5

January-91

100.11 6

February-91

99.08 7

March-91

98.62 8

April-91

98.64 9

May-91

98.23 10

June-91

98.21 11

July-91

98.46 12

August-91

98.54 13

September-91

98.35 14

October-91

98.49 15

November-91

98.41 16

December-91

98.63 17

January-92

98.21 18

February-92

98.05 19

March-92

98.20 20

April-92

98.37 21

May-92

98.62 22

June-92

98.88 23

July-92

98.67 24
2001 recession

September-00

99.57 -6

October-00

99.58 -5

November-00

99.67 -4

December-00

99.82 -3

January-01

99.91 -2

February-01

99.90 -1

March-01

100.00 0

April-01

99.45 1

May-01

99.14 2

June-01

98.84 3

July-01

98.65 4

August-01

97.86 5

September-01

97.80 6

October-01

97.24 7

November-01

96.78 8

December-01

96.31 9

January-02

95.84 10

February-02

95.71 11

March-02

95.50 12

April-02

95.55 13

May-02

95.28 14

June-02

94.99 15

July-02

94.74 16

August-02

94.51 17

September-02

94.59 18

October-02

94.99 19

November-02

94.68 20

December-02

94.65 21

January-03

94.30 22

February-03

94.11 23

March-03

94.45 24
2007 recession

June-07

101.65 -6

July-07

101.15 -5

August-07

100.90 -4

September-07

101.08 -3

October-07

100.52 -2

November-07

100.30 -1

December-07

100.00 0

January-08

99.86 1

February-08

99.40 2

March-08

99.59 3

April-08

99.30 4

May-08

98.92 5

June-08

98.08 6

July-08

97.94 7

August-08

97.88 8

September-08

97.02 9

October-08

96.47 10

November-08

95.61 11

December-08

94.40 12

January-09

93.16 13

February-09

92.50 14

March-09

91.54 15

April-09

90.34 16

May-09

89.93 17

June-09

89.38 18

July-09

89.03 19

August-09

88.79 20

September-09

88.83 21

October-09

88.25 22

November-09

88.00 23

December-09

87.76 24
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